The other Bush had the savings and loan problem with one of his sons out west in CO not sure of state in the stew and walked. So no one really got spanked them so why now.
The gready loan people and the gready home loan types should eat the sh!t sandwish and move on.
Toyota will take over GM in a short while by just doing an unfriendly take over with the GM stock price at the present. Will be a money maker with all the foriegn sales at the present for GM. The GM new Volt electric that can get a whooping 40 miles on a charge and runs about 40 grand ready in two years. Again the rice burners are eating Ford and GM lunch with hybrids on line now.
The bail out is a closed loop with no exit in sight. Jobs are in deep trouble even with the bail outs. When a take over happens like we saw last week jobs are lost by the thousand by the failed company.
Talking to a retired United airline worker to day. He lost 800 per month with the restructure approved by the courts. He did keep his health card. He had a stand at a flea market. Major health problems due to booze so the pay cut should not be a future problem for him.
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Today's Featured Article - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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