vimarsana.com

Card image cap

the unions. that's where the money went. they still went bankrupt. just like what the president said, i won't let detroit go bankrupt. was he talking about the automakers or the city? both went bankrupt. that's what naturally occurs in free markets. ford is stealing market share right now. they did not take a bailout. we were sold a bill of goods on this. >> jonas, is this proof basically we shouldn't have any more bailouts? >> well, the fact we had to bail out chrysler again to gary b.'s point, if we didn't bail them out the first time, we wouldn't have to the second time. the public is against bailouts even though they haven't been economically bad for the treasury when you factor all of them together, i don't think we'll get any more of them fortunately. yes, we took a loss on gm. it's a loser company, not a bank that will pay you back. when you factor in all the food stamps that have gone on, all the unemployment insurance, i don't think we took a loss in the grand scheme of things.

Related Keywords

Money , Ford , Unions , President , Both , Market Share , Markets , Automakers , City , Let Detroit Go Bankrupt , Bailouts , Jonas Ferris , Fact , Bailout , Bill , Goods , Proof , Wall , Chrysler , Time , Public , Garybs Point , Haven T , Bank , Loss , Gm , Things , More , Food Stamps , Unemployment Insurance , Loser Company , Yes , The Grand Scheme ,

© 2024 Vimarsana

vimarsana.com © 2020. All Rights Reserved.