Tag Archive: US Automakers

Keep your checkbooks close

I‘ve warned you about these auto bailouts and business bailouts. Now this story appears at abcnews.com. The money quote:

[O]ver the next few years taxpayers will pay a total of $75-$125 billion to keep the Big Three out of bankruptcy.

Talk about fleecing the middle class.

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The Automaker Bailout

I saw this on Robert Kraft’s Facebook. While I think it’s a bit harsh language-wise, it sums things up pretty well.

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