Reply #6: Lee Iaccoca and Chrysler 1980

[suston96]

Have your RW friend Google that. In @1980 the government bailed out Chrysler which paid back the money ahead of time AND....

.....paid the taxpayers almost half a billion dollars in interest.

I can do the research but I believe some of the recipients of recent bailouts have also paid back their loans WITH interest.

Here is just one story: http://news.bbc.co.uk/2/hi/business/8105461.stm

Tell your RW friend that We, the People, ARE the government. We bail ourselves out and we pay back ourselves.......WITH interest.

More stories about how the bailouts are working.....and remember, these banks pay interest to the US Treasury on those loans.....

http://www.nytimes.com/2009/07/17/business/global/17ban...