Detroit Bailout Blog

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From href="http://londonbanker.blogspot.com/2008/09/quotable-on-bank-balance-sheets.html">London Banker:
Michael Moore's critique of the bailout recently mailed around the intertubes includes this list of problems: 1. The bailout bill had NO enforcement provisions for the so-called oversight group that was going to monitor Wall Street's spending of the $700 billion;
If you are like me, you are pretty disgusted with the idea of bailing out the Detroit Big 3.
tags: Santa Claus Bailout Hearings, satire,

How did General Motors fly under the radar when they had hundreds of their employees vacationing last weekend at a resort in the Poconos. I work at the resort and can tell you that it's absolutely true!

Also, the resort (Woodloch Pines) is not a cheap resort to stay at. The bottom line was why where they even spending money like that when they are asking for bailout help.

I am deeply offended that my tax dollars are being spent by Chrysler during the BCS championship to promote the trucks which required the bailout to begin with.

By Collins Powell (not verified) on 08 Jan 2009 #permalink