Opinions about blogs, World News, Updates, Whats Hot and Whats Not

Ads

The World Of Bloggers

Custom Search

Sports

Thursday, February 19, 2009

GM and Chrysler are going down!

It has just been said that General Motors and Chrysler have asked for $39 Billion dollars more to help get them out of the trouble that they are facing. If they do not receive this money soon, by next month they will be going bankrupt!

Here is the thing! Didn't the Government already give them their bailout? What happened to all that money?

It has also been stated that even with the extra $39 billion that they are asking for, they will only be using about 16.5 million for the company, cutting 45,000 people of their jobs, and still closing up to 5 of their companies.

So, my question is why would we want to give these companies more money if it is not going to save the company or the people in the company?

No comments:

Post a Comment