2/18/2009

GM is worth only $1 Billion and they want a $16.6 billion loan on top of the $13 billion that they already have been given?



Here is the request for more money.

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3 Comments:

Blogger The Right Guy said...

Talk about throwing good money after bad. It's been long past time for some economic darwinism. To paraphrase the iron lady, to cure this problem with socialism is like curing leukemia with leaches. All I can say is, have you driven a Ford lately? :)

2/18/2009 10:03 PM  
Blogger Zundfolge said...

I've pretty much decided that regardless what happens I'll never own another GM product.

Of course the only GM vehicle I've ever owned was a 1963 Corvair I drove around in the early 90s.

I'll stick with my Porsche thankyouverymuch (don't get excited, its only a 1970 914)

2/19/2009 12:05 PM  
Blogger The Right Guy said...

Zund:
I've owned 7 GM vehicles. never again. I drive a VW (last 9 years) now and ride a Kawasaki. My next vehicle (which I will get soon) will not be GM. I like Jeeps, but damn chrysler took the money too. May be I'll get an FJ Cruiser.

2/20/2009 8:50 AM  

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