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Originally Posted by GMC-70
But the MSM insists it's a bailout so it must be true 
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I know thats what the 'buzz' word is right now. But really if the financial sector did create a huge shamble for themselves, GM would get the money through them like normal and not need the loan from the government ($25 Billion). Plus they already loaned them money ($700 Billion) even though they caused the entire situation, but seem to refuse to help out the auto industry even though they are somewhat just caught in the wash. Oh and AIG already is on loan terms #2 and the auto industry cant get loan #1.
Quote:
Originally Posted by civilzues
Support and I live in MI so I am someone tied to it. This needs to happen, a loan. Not a bailout
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See someone else know the correct terminology.