Will the Big 3 Car Manufacturers get a $34 Billion Dollar Christmas Gift?
I don’t know what’s on your Christmas list, but I can tell you what’s on the ‘Big 3’s” — $34 billion dollars worth of bailout money. Two weeks ago the “money elves” sent them home with little more than a request for a better detailed “Christmas List”, namely a clearer understanding of just how they
would be using this money.
There is no doubt the auto companies are in trouble and they have been for quite some time. So now the question is will the government bail them out? Is this $34 Billiion dollars the gift they need to restructure their companies? Will they include a plan for making more fuel-efficient cars? Or will the CEO’s continue flying around in big jets?
What do you think — will the Detroit Big 3, get $34 Billion Dollars for Christmas?
