NEW YORK (CNNMoney.com) - President Bush has grudgingly allowed General Motors and Chrysler to drive away with the last few billion bucks in Treasury's TARP till, which boasted $350 billion a mere 77 days ago.
How did it all slip away so fast?
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Ever notice how in the past 15 years your phone company has been merged with another company and probably merged a second time as well. The names have changed. Some went out of business entirely. Well those phone companies employ as many people as the auto industry does if not more. And they had no problem merging and collapsing again and again. Yet 3 disfunctional auto makers refuse to merge into one company so they can run themselves better.
I find this all to be quite humerous, I mean, at least your American fore-fathers stood up for what they believed in, fought for it, and created a new, free, nation. It seems that "free" nation was reclaimed by the rich and elite, and this time nobody is going to do anything about it. "Rome" anybody?
I know how – give it to Paulson and it'll disappear faster than the speed of light!
Paulson has zero-zip-zilch-nada credibility. I think he is America's "Moron Of The Year"