TheGreatGatsby
Gold Member
- Thread starter
- #141
According to Ford, they were going bankrupt w/o that money. So, who bailed em out now?
So if you secured a low interest federal loan for college, then the feds bailed you out?
Look, I don't even like Ford. But they were not bailed out. GM and Chrysler had a bigger problem. The loan would not have done them any good. They would have still failed. That is why they were bailed our.
According to Ford, they were going to go bankrupt without a cash infusion from the government. So, the government saved them with loans. That fits a very applicable definition of bailout. It's not my fault if English isnt' your first language or something.
Show me where "according to Ford" any such thing happened.....
Original article I posted had it in the damn title, dude.
So this rests on the assertion of a Chevy blogger?
This rests on the simple definition of what a bailout is. If you want to deny basic truth, that's on you, dude.