Quote:
Originally Posted by billamj
First, its not government's job to make loans to ANY business. Second, they did in the first round of bailouts but in the second round Uncle Sugar ended up having to write it off which could explain why Chrysler is now a subsidiary of a German company these days.
|
Really no argument about the government loaning money. I'm not sure if it was a direct loan, or a government guarantee like a VA or FHA loan. Borrowing from the Federal Reserve in not borrowing from the government.