Buddy, Can Ya’ Spare a Benjamin?
That’s the amount per person in the United States U.S. automakers asked for in a bailout hearing today on Capitol Hill. Actually, the $34 billion proposed automaker bailout works out to about $110 per person in the United States, just shy of $350 per family.
Would you loan the auto industry a C-note?
The AP reports that the bailout request was met with skepticism.
The “Big Three” CEOs will be back on Capitol Hill tomorrow morning, hats in hand at a hearing in the House Financial Services Committee. But it’s not looking good for them.
WashingtonWatch.com’s visitors have given the idea of an automaker bailout a skeptical reception, too, but it has its defenders. Take a look at the commentary on H.R. 7297, The Emergency Automobile Industry American Jobs Protection Act of 2008.
After the Auto Bailout - “Big Three” to Live on Their Knees - The WashingtonWatch.com Blog
[...] Buddy, Can Ya’ Spare a Benjamin? [...]