So the car companies are asking for some of that $700B because they need short term loans to make payroll. And to pay the guys they’ve laid off $20-$26 an hour to watch TV and sit around? http://www.npr.org/templates/story/story.php?storyId=5185887
They warn that if they don’t get the loans, they may have to declare bankruptcy and people wouldn’t buy US cars. Nobody’s buying their cars now, so what’s the difference?
But the news isn’t all bad. G’s getting bigger, so life’s good.
