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Big Three plead for $34B from Congress

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The CEOs of the leading automakers were back before Congress Thursday, arguing for a larger bailout than they asked for just two weeks ago, and hoping to undo the damage they did to their case at the earlier hearings.
novice - founder
28 posts

Americans must have the lowest IQ's in the world.

[quote CNNMoney] "Protesters briefly disrupted the hearing Thursday, chanting "the bailout is a sell-out!" and urging Congress to use money to help the poor and food banks, rather than the auto companies.

A CNN/Opinion Research Corp. poll of nearly 1,100 Americans conducted earlier this week found 61% oppose a bailout, while only 36% support it. Even in the Midwest, home to most of the automakers' remaining plants, 53% of those polled opposed federal help." [end quote]

This is not a bailout. The big three aren't asking for free money, a blank check, like wallstreet. They are asking for a LOAN. That is money that will be paid back with interest.

These protesters are the ones looking for a handout, free money to help the poor. If these companies go under the number of poor people that need help will shoot up like this country has never seen before.

Loan the automakers the money.

Buy American made products to support this country's economy. Jobs will be created and there won't be a need for as much money to help the poor.

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