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posted to rec.boats
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external usenet poster
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First recorded activity by BoatBanter: Dec 2008
Posts: 1,185
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Bridge loan to nowhere..
Tom Francis - SWSports wrote:
On Sun, 07 Dec 2008 16:51:16 -0600, wrote:
Frankly, I don't give a damn about GM. During normal times, I'd say let
them go under, but in these times, I think the risk of letting them fail
is too big. The bridge *loan* they are talking about is 1/10 what we
have already spent on Wall Street, and only a couple of months of the
spending we've been doing in Iraq for years.
I understand and I don't think it's funny at all - it is very serious.
However, I've been through this - I'm, and you, are old enough to
remember '56 which was as bad if not worse than now. We all survived,
our father's got new jobs and life went on.
Too bad we've lost more than a million jobs in the last year. But I am
sure there are jobs aplenty for everyone, including the aging GM workforce.
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