Wednesday, May 27, 2009

But where is the money coming from?

"Sen. Debbie Stabenow, D-Mich., said the Chrysler intervention proved that the consequences of inaction are too great to ignore.

'The only reason that pensions and health care and the jobs have been protected is because the Obama administration was willing to come in with significant financing," she said. "Assuming GM goes into bankruptcy, the same will be true.'"

It sucks that GM and Chysler employees would lose their jobs, but why should everyone else have to pay for it? Lately, money's been growing on trees, but that doesn't mean it's free.

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