Monday, May 3, 2010

This is why

Gateway Pundit's Jim Hoft discusses one of the reasons I will avoid buying a Government Motors vehicle.

Yes, I worked summers at Chrysler, in about the same time-frame that Lee Iaccoca got what is commonly referred to as "The first Government Bailout."  But it wasn't--he devised a plan by which the Chrysler Corporation would re-pay all it's debts, and the government approved it; essentially, the US Government co-signed a loan.  Which is not quite the same thing as a bail-out, as, in the event (or non-event), not a penny of Government money was paid.

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