U.S. boosts estimate of auto bailout losses to $23.6B
• detnews.comThe Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.'s steep stock decline.
Has anyone actually figured out how much money every adult U.S.citizen could have gotten if the government had bailed the people out, to the tune of the vast amounts wasted on the smucks whose treachery, treason, and theft tanked our contry's monetary system, in the first place? Without pen and paper, I'd bet it would have been at least $230,000 each.
As for the auto industry, screw 'em all! What have they done for you, lately?
Do the world a favor and buy a used car, us money orders and cash, and vote for yourself.
David, I agree.