Jerry H asked:
Well this move by congress obviously keeps me interested in Japanese auto products.
The US automakers are doing a PR stunt claiming it’s not a bailout. How can they claim that when its the taxpayers taking the risk of a 25 bn loan? In other words the General Public Fund absorbs the losses of Ford/GM/Chrysler’s mistakes.
I believe Ford and GM and Chrysler are performing this PR stunt to save their future sales from angry taxpayers.
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