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Old 12-08-2008, 03:40 PM   #1
SSOOCH
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YES!!

http://news.yahoo.com/s/ap/congress_autos

I hope it goes through!!
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Old 12-08-2008, 03:42 PM   #2
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me too
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Old 12-08-2008, 03:45 PM   #3
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Fingers crossed
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Old 12-08-2008, 03:57 PM   #4
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please, God, help them out!
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Old 12-08-2008, 03:58 PM   #5
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It looks like Detroit will be going to Canada too for some $$$: http://www.autoblog.com/2008/12/08/d...an-government/

"What to do when you wanted $34 billion and Congress only gave you $15 billion? Try again, but this time go North young man. The Detroit 3 are now making a pitch to the Canadian legislature seeking an additional $6.8 billion from Canada where nearly 100,000 workers are employed in factories and dealerships bearing the Chrysler, General Motors or Ford name.

General Motors of Canada has asked for $2.4 billion in loans, Chrysler Canada Inc. is looking for $1.6 billion and Ford wants a $2 billion line of credit on "stand-by" to be used "only if the current economic crisis worsens." GM is also seeking an immediate $800 million to make it through the end of the year. The Detroit automakers are quick to point out that these amounts are proportional to the U.S. bailout requests and that they are asking for loans, not handouts.

Federal Industry Minister Tony Clement was in Washington during the recent hearings and says the Canadian government will have to review the requests before pledging any funds. He had previously confirmed that funds were set aside to help automakers in the most recent budget. Premier Dalton McGuinty also pointed out the need to balance the public's needs with the carmakers' requests: "We want to move as quickly as we can, but we don't want to move so quickly that we end up with a response that is irresponsible given the legitimate demands of taxpayers." Thanks for the tip, Xeyad!

[Source: The Hamilton Spectator via MotorGears.com}"
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Old 12-08-2008, 04:00 PM   #6
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It will, it has to! If not, me>>>> or , I'll figure that out if the time comes!
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Old 12-08-2008, 05:46 PM   #7
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Why is it every time Congress talks about the "bailout" of the big 3, they demonize them? Congress hands out 100s of billions to the failed banking industry no questions asked, then when the auto boys need help, its "you guys deserve to fail" "you are all rich overpaid morons" "you dont deseve help" your products are garbage" (BS, by the way)...does anyone know why? By dragging this story out, it takes the focus off the first bailout, which was largely started by Barney Frank, Pelosi and Ried with their "give everyone a home loan even if they can't affford it" scam. Screw these bastards. They should be sent to jail for this scam, but we know that won't happen. Meanwhile, millions of auto-related jobs and businesses hang in the balance of "almighty Pelosi" and Company. I bet they can't wait to tell the big 3 what to build and how to do it. Gee, they can't run the US Government, and now they will be dictating business practices to the US auto industry? Buy your Camaros now, before we are all peddling electric toasters to work. What a F***ing joke.
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Old 12-08-2008, 05:52 PM   #8
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I hope god can hear gm's prayers
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