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#11 |
![]() ![]() ![]() ![]() ![]() Drives: 07 Yaris S Sedan 5-Speed Join Date: Oct 2008
Location: Massachusetts
Posts: 2,179
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Is it because they needed a business loan? For what it's worth, it's a loan being paid back (they've even started ahead of schedule).
I hate the idea of a government loan too but let's not forget that right when a loan was needed, the credit market dried up. A year or two earlier, Ford was able to guarantee private loans before the banking collapse. Ford would've needed the same. The public seems to think GM and Chrysler got tons of free money so now it's time to boycott them. It's just not true. Are students who receive federal student loans considered "bailed out" losers? |
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