Posted by
The New THOMA$ REPORT on Wednesday, February 18, 2009 4:23:37 PM
They’re baaack! "Billions of dollars in government loans to prop up General Motors and Chrysler won't be enough. The companies, which have received $17.4 billion so far, filed plans with the government more than doubling that request to a staggering total of $39 billion." AND they're cutting more jobs! And just like I said, they’ll be back again and again, until somebody tells them “no.” Mortgage companies will probably be next, especially if GM and Chrysler get more money and they see it will work. Those gullible politicians in Washington will give them a few billion more, just for the asking. (
Yahoo News/AP)