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Reply #17: Agreed [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-17-07 01:13 PM
Response to Reply #3
17. Agreed
Edited on Sat Nov-17-07 01:13 PM by KansDem
They are looking to scare the government into some sort of bailout.

I remember Chrysler claiming that, if it were permitted to go out of business, something like 600,000 jobs would be lost (Chrysler workers, mechanics, suppliers, auto parts stores, etc). It was the prospect of a "ripple effect" of lost jobs that prompted the US government to bail out a US corporation.

Wait and see: the fat cats will get their money and the rest of us will be left holding the bag...
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