Showing posts with label Bailouts. Show all posts
Showing posts with label Bailouts. Show all posts

Monday, December 22, 2008

Welcome To The Bailout Party, Canada

The Canadian and Ontario governments are giving GM and Crysler $4 billion in aid.

Well, I hope they are going to do it the right way, unlike the American congress and president. Questions have arisen as to whether Bush's plan for the auto makers is legal. And that bank bailout? They passed the legislation so quickly, they forgot to put in provisions for the banks to report on how they are spending the money. And the banks aren't eager to tell them.

Monday, November 24, 2008

Good Grief!

Now they're talking about bailing out the TV Networks. That'll be the first shoe. The second will be newspapers.