Bailout cheaper than bankruptcy
Yes it’s true, a study shows that it’s cheaper for the government to bailout GM and Chrysler than to spend $70 billion dollars than to pay Detroit for the two companies fallout. The government has to pay only $15 billion dollars to keep those two afloat, Ford can do ti by itself. If the two companies should go bankrupt than 1.8 million people will lose their jobs, that means no taxes no nothing.
Good thing they got their money right? I can only look forward seeing how many strings will Congress attach and if they’re going to go on vacation like the guys from AIG.
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