Bailout... Isn't this the point of business?
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Senior Member
Joined: May 2005
Posts: 1,141
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From: HUSKER COUNTRY, USA
Bailout... Isn't this the point of business?
http://www.foxnews.com/politics/2008...o-bailout-car/
"We do not face a near-term liquidity issue, and we will not be seeking a short term bridge loan," the company said in a statement Monday night. "But Ford fully supports an effort to address the near-term liquidity issues of GM and Chrysler, as our industry is highly interdependent and a failure of one of our competitors could affect us."
"Affect us". Hell yes. It means you sell more cars...
"We do not face a near-term liquidity issue, and we will not be seeking a short term bridge loan," the company said in a statement Monday night. "But Ford fully supports an effort to address the near-term liquidity issues of GM and Chrysler, as our industry is highly interdependent and a failure of one of our competitors could affect us."
"Affect us". Hell yes. It means you sell more cars...
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Joined: Jan 2008
Posts: 710
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From: Southeastern Virginia
If the supply market is overinflated because of too much credit spending, the market is fake and will always have to be propped up and subsidized.