Democrats to automakers: Prove you can repay $25 billion | WHAT REALLY HAPPENED


Democrats to automakers: Prove you can repay $25 billion

WASHINGTON -- Democratic leaders in Congress called on Detroit's automakers Friday to submit "credible" financial plans to lawmakers by Dec. 2 for spending up to $25 billion in government money, including vows for "significant sacrifices" by top executives.

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Read the article. It's a fraud. There is already $75 billion in federal money in the pipeline for these private boondoggles.

Congress is just ramping up a sales pitch to excuse itself on the ground that these companies are too big to fail.

But, it's okay for the American consumer to fail, go into bankruptcy and commit suicide on the Internet.

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