Monthly ArchiveDecember 2008
Thoughts 12 Dec 2008 11:29 am
Financial Ballout vs Car Maker Bailout… Ready… Fight!
It is amazing to me the difference between the car maker request for money and the banks request for money. The difference in the amount of money is the first thing. The car manufacturing companies are asking for a fraction of the money that the banks are getting, but they employ far more people. It truly is a case of bikeshedding to a fairly high degree. I have to admit that congress did ask some questions of the bankers when they came before them, but no where near as stiff as they are of the car manufacturers, or at least I didn’t hear about it if they did. It is amazing. I also found a little graphic that shows a visual representation of the banker bailout. it is after the jump.
Julie 02 Dec 2008 08:54 am


