“Because Congress failed to act, we will stand ready to prevent an imminent failure until Congress reconvenes and acts to address the long-term viability of the industry,” said Treasury spokeswoman Brookly McLaughlin.
That’s right congress, you voted WRONG, and you WILL act when you reconvene…
Amount given to banking industry: $700 billion
Number of auto industries that could have been saved with the money used to save the banking industry: 50.
Amount spent in Iraq per month: $12 billion
Number of days in Iraq that would pay for bailout of auto industry: 35 days.
2008 Federal Budget: $2.66 trillion
Percentage of Federal Budget that the requested $14 billion would have taken: 0.0052
Don’t get me wrong, I don’t think we should be bailing out any businesses that make crappy products that nobody wants to buy. But the picking and choosing of who/what is worthy and who/what is not is mind-boggling.
Amount given to banking industry: $700 billion
Number of auto industries that could have been saved with the money used to save the banking industry: 50.
Amount spent in Iraq per month: $12 billion
Number of days in Iraq that would pay for bailout of auto industry: 35 days.
2008 Federal Budget: $2.66 trillion
Percentage of Federal Budget that the requested $14 billion would have taken: 0.0052
Don’t get me wrong, I don’t think we should be bailing out any businesses that make crappy products that nobody wants to buy. But the picking and choosing of who/what is worthy and who/what is not is mind-boggling.
Amount given to banking industry: $700 billion
Number of auto industries that could have been saved with the money used to save the banking industry: 50.
Amount spent in Iraq per month: $12 billion
Number of days in Iraq that would pay for bailout of auto industry: 35 days.
2008 Federal Budget: $2.66 trillion
Percentage of Federal Budget that the requested $14 billion would have taken: 0.0052
Don’t get me wrong, I don’t think we should be bailing out any businesses that make crappy products that nobody wants to buy. But the picking and choosing of who/what is worthy and who/what is not is mind-boggling.
Amount given to banking industry: $700 billion
Number of auto industries that could have been saved with the money used to save the banking industry: 50.
Amount spent in Iraq per month: $12 billion
Number of days in Iraq that would pay for bailout of auto industry: 35 days.
2008 Federal Budget: $2.66 trillion
Percentage of Federal Budget that the requested $14 billion would have taken: 0.0052
Don’t get me wrong, I don’t think we should be bailing out any businesses that make crappy products that nobody wants to buy. But the picking and choosing of who/what is worthy and who/what is not is mind-boggling.
Amount given to banking industry: $700 billion
Number of auto industries that could have been saved with the money used to save the banking industry: 50.
Amount spent in Iraq per month: $12 billion
Number of days in Iraq that would pay for bailout of auto industry: 35 days.
2008 Federal Budget: $2.66 trillion
Percentage of Federal Budget that the requested $14 billion would have taken: 0.0052
Don’t get me wrong, I don’t think we should be bailing out any businesses that make crappy products that nobody wants to buy. But the picking and choosing of who/what is worthy and who/what is not is mind-boggling.
