[quote=Allan from Fallbrook]asianautica: It doesn’t end. This is a huge shakedown, and a thinly veiled attempt by Paulson to keep the gravy train rolling for Wall Street with no questions asked. He’s used fear mongering, misinformation and a gullible Congress and President to further this plan.
The Big 3 are looking for the same handout and why not? Rather than let the market determine the outcome, or use the BK courts (in the case of Ford and GM), instead everyone is lining up with their hand out. Welcome to the new America. Welfare for everyone![/quote]
I totally agree. My question was more of a rhetorical question. It’s funny that Breezy moan and groan about corporate welfare for the banks, but then he turns around and support corporate welfare for the big 3. Many experts also believe $25B is hardly enough to keep big 3 going for very long, so, it’s like throwing money at a black hole.
