Does anyone else want to tell the government, I told you so?
If the elected Officials work for us, how do we get them to listen.?
Asked by Anonymous at 3:45 PM on Apr. 30, 2009 in Politics & Current Events
Answer by NotPanicking at 3:48 PM on Apr. 30, 2009
Answer by yourspecialkid at 4:02 PM on Apr. 30, 2009
Bailouts are bad, mmmkay.
Answer by Friday at 4:10 PM on Apr. 30, 2009
Chrysler LLC filed for Chapter 11 bankruptcy protection in New York with the hopes of emerging in as little as 60 days under the new partnership with Fiat. The government, which has already poured $4 billion in loans into Chrysler, would provide up to $8 billion more to carry the company through bankruptcy, said senior administration officials speaking on condition of anonymity. The government will also help appoint a new board of directors. The deals give Chrysler "a new lease on life," Obama said. "I have every confidence that Chrysler will emerge from this process stronger and more competitive," he said.
The real question is who in the hell is going to buy Chrysler vehicles when they emerge from bankruptcy?Â As of today we have 6.3 million people collecting unemployment--chances are their credit is damaged and even if they can get a loan, now they will be forced to pay a high interest rate.
Answer by Anonymous at 4:22 PM on Apr. 30, 2009
Answer by Anonymous at 4:31 PM on Apr. 30, 2009
Next question overall
(Money & Work)
Where can I network my job? It is more like my own business, but still a job.