Ford Gets 9.2 Billion Bailout errrr Loan
This is just crazy stuff right here. I suppose the utility companies will be receiving their bailout loans soon to build green power generator plants? The cart is ahead of horse as usual. Link
Forum Discussion
blt2ski wrote:
I see more positives than negatives to this loan. The chance that their is private money per say to do this is reasonably slim. Loans like this happen frequently in other countries.
Not saying one should or should not agree. Personally I feel this is a good thing.
Marty
Yes who would like to invest their own money when the they can get it from the unsuspecting public that a "public servant" can sign away'
" In 2009, the Obama administration co-signed $535 million loans to Solyndra. The company filed for bankruptcy on September 1, 2011."
Nothing to worry about here, look the other way.
