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$17.4bn in Your Money For ‘Rescue Loans’ Down the Political Toilet. Thank Bush

$17.4bn in Your Money For ‘Rescue Loans’ Down the Political Toilet. Thank Bush

 Well, Bush2 has succumb to his final mistake [hopefully….there is still time to raise taxes or make Nancy Pelosi dictator] and wasted $17.4 x 16 or $278 of your money as the lower half do NOT pay taxes.

 All this is for nothing as the Detroit Dummies will pizz away the money and then beg for more as the Demoncraps celebrate socialism.

 In the midst of a financial crisis...allowing the U.S. auto industry to collapse is not a responsible course of action,” President George W Bush said at the White House today. “These are not ordinary circumstances.”[1]-- GM and Chrysler win $17.4bn in rescue loans from White House

 How stupid.

 Our ‘auto industry’ already collapsed and what we see are the shrunken remains. GM is 60 bln in the crapper and they CAN NEVER  make enough profits to pay back anything. They are finished .

 How stupid.

 Bush should have left this to O’Bozo to sweep up. The idiot and greedy unions voted for him.

How stupid.

 rycK

 Comments: ryckki@gmail.com

   


[1] GM and Chrysler win $17.4bn in rescue loans from White House

The US government will loan $17.4bn (£11.6bn) to its struggling car industry, in an unprecedented move that will pile pressure on UK and European governments to follow suit. By James Quinn, Wall Street Correspondent

Last Updated: 3:30PM GMT 19 Dec 2008 http://www.telegraph.co.uk/finance/newsbysector/transport/3851411/GM-and-Chrysler-win-17.4bn-in-rescue-loans-from-White-House.html

 

 

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