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Detroit Gets $17 Billion

 

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Member Comments

  • Posted By: mike1964 @ 12/30/2008 8:38:32 PM

    If the loans are coming out of taxpayer's money, shouldn't the taxpayers receive interest back on top of the loan repayment?

  • Posted By: RayG01 @ 12/27/2008 1:21:30 PM

    Tough spot for President Bush.
    Prudent economics don't usually make for popular politics. His resilience in the face of opposition to the war on terror has proven that he's not overly concerned with merely having a popular legacy.

    However, he is cognizant of the fact that despite so many polls showing that the auto bailout is not popular among the general public, the public has a very short memory, and that the media will portray him as personally killing Detroit for years to come.

    Ten years from now, teenagers would know that some white guy named Bush single-handedly killed the American auto industry, but they wouldn't quite know how. It's just what they had always been told.

  • Posted By: bighappy @ 12/20/2008 10:08:06 PM

    You are not the first such genius. Lenin was the first.

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Wall Street's problems have captured the attention of Congress, the White House and the media. But on the country's Main Streets ordinary folks are wondering if anyone is paying attention to them. A look at how Americans are coping with the economic crisis.