CNN
NEW YORK (CNNMoney.com) -- Bush administration officials have had talks with the nation's automakers about providing possible federal help for the cash-starved companies, a White House spokeswoman said Monday.
Spokeswoman Dana Perino, responding to questions at her daily press briefing, said a decision had not been made yet about whether federal help will be offered to General Motors (GM, Fortune 500), Ford Motor (F, Fortune 500) and Chrysler LLC.
No. Do you understand me? If not, let me say this again; NO!
Look, the underlying problem is being totally ignored. This whole economic fiasco is being caused by mortgages defaults. Giving money away to the big boys does nothing to confront the root cause, which is still going to be laying deep at the base of the economy.
Damn it, if they need money, so do I. Give me enough to get caught up on my mortgage, and I'll pay it back in as quick a time as the big boys.
Look, the underlying problem is being totally ignored. This whole economic fiasco is being caused by mortgages defaults. Giving money away to the big boys does nothing to confront the root cause, which is still going to be laying deep at the base of the economy.
Damn it, if they need money, so do I. Give me enough to get caught up on my mortgage, and I'll pay it back in as quick a time as the big boys.
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