Hey What ever happen to just talking hunting I miss that.
I don't know exactly how many different Forums there are here in GBO, my guess is about 120 and at least 30 of them would pertain directly to hunting. Even though it appears that just about any hunting subject may have a home on this website I would not mind a few hunting (or any other subject) questions or comments in here.
Chrysler has been bailed out once before. Once is enough for any company.
Had the Gov't not bailed out Chrysler once before maybe there wouldn't be such a movement to pull the Banks butts out of the Fire now.
I am hearing that the Corporate logic behind a merger between GM and Chrysler would make GM 'too big to allow to fail' without extreme financial hardship on the rest of the economy.
One other side-note on the current economic woes...
We all know the Congress vote in favor and the President signed a bail-out bill for Financial Institutions, but I was wondering if everyone realizes where exactly this money is going?
This past weeks news reports say that the Banks are putting the some money aside so they can build up a warchest in order to make Acquisitions down the road, and another financial report said that out of $125 Billion that the Fed released to those Financial Institutions, $108 Billion has already been allocated for Executive Compensation and Bonuses. Any future release after the first of the year will also take care of next years Executives. Maybe this is why GM wants in.
I suppose most people thought the Banks were getting the money so they could make loans to the public again and possibly bailout the bad mortgages.
Think again.