Even Michael Moore opposes the Big Three Bailouts

[Bateluer]

I don't agree with much, if anything that Moore writes, films, or otherwise publishes, but a lot in this article makes some sense.

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And Congress must do all this by NOT giving GM, Ford, and Chrysler the $34 billion they are asking for in "loans" (a few days ago they only wanted $25 billion; that's how stupid they are?they don't even know how much they really need to make this month's payroll. If you or I tried to get a loan from the bank this way, not only would we be thrown out on our ear, the bank would place us on some sort of credit rating blacklist).

As stated below - this is a repost.

AnandTech Senior Moderator
Compuwiz1

 

[MovingTarget]

Repost