Tuesday, February 17, 2009

GM & Chrysler Ask for More


Photo from PowerLine (of all places)

Everybody's got there hand out. But what is the answer when saying "No!" might result in the extinction of the American auto industry, and hundreds of thousands of jobs? Man, does Barack Obama have a full plate.

[Excerpt]

GM, Chrysler ask for $21.6 billion more

General Motors and Chrysler LLC said Tuesday they could need an additional $21.6 billion in federal loans between them because of worsening demand for their cars and trucks. . .

Read more at: CNN

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