Comments on: Financial Dispatch: Auto bailout widens http://ac360.blogs.cnn.com/2008/12/30/financial-dispatch-auto-bailout-widens/ Tue, 22 Dec 2009 04:00:12 +0000 http://wordpress.com/ hourly 1 By: earle,florida http://ac360.blogs.cnn.com/2008/12/30/financial-dispatch-auto-bailout-widens/comment-page-1/#comment-504721 earle,florida Tue, 30 Dec 2008 18:33:26 +0000 http://ac360.blogs.cnn.com/?p=20817#comment-504721 Prediction : GMAC will be gobbled-up by Chrysler/Cerberus for a financial coup never seen in modern day business history! They basically own the majority stake with real (51%) money backers behind them,ready to buy up their debt once they get the "Bank Holding Co." confirmation. If GM wants to sell their cars under their umbrella so be it. Important to note that Dan Qualye (former Bush#41 VP) ,and John Snow (former Bush#43 treasury secretary) are on the BOD's (executive committee) of Cererus (Private Company, but who cares?). Oh, did I forget to tell ya, that all of GWB's assets are in a blind trust,...? Try to think outside of the box ,folks,.... Prediction : GMAC will be gobbled-up by Chrysler/Cerberus for a financial coup never seen in modern day business history! They basically own the majority stake with real (51%) money backers behind them,ready to buy up their debt once they get the "Bank Holding Co." confirmation. If GM wants to sell their cars under their umbrella so be it. Important to note that Dan Qualye (former Bush#41 VP) ,and John Snow (former Bush#43 treasury secretary) are on the BOD's (executive committee) of Cererus (Private Company, but who cares?). Oh, did I forget to tell ya, that all of GWB's assets are in a blind trust,...? Try to think outside of the box ,folks,....

]]> By: GF, Los Angeles http://ac360.blogs.cnn.com/2008/12/30/financial-dispatch-auto-bailout-widens/comment-page-1/#comment-504715 GF, Los Angeles Tue, 30 Dec 2008 18:19:03 +0000 http://ac360.blogs.cnn.com/?p=20817#comment-504715 I'm so happy housing prices are falling - these over priced half a million dollar houses in CA are finally becoming more affordable for the average Joe. I'm so happy housing prices are falling – these over priced half a million dollar houses in CA are finally becoming more affordable for the average Joe.

]]> By: Peter http://ac360.blogs.cnn.com/2008/12/30/financial-dispatch-auto-bailout-widens/comment-page-1/#comment-504711 Peter Tue, 30 Dec 2008 18:09:58 +0000 http://ac360.blogs.cnn.com/?p=20817#comment-504711 I do not agree with the government solution, of just throwing money, at the problem. Do we even know, what the balance sheets of this and/or any of these bailout companies are ? We, the little people, will be paying for this bailout, sooner or later, but we will pay. Why ? Simple, our government doesn't have this money, but never gets denied for a loan. Amazing...I should go apply for a bailout too...hardequity.net I do not agree with the government solution, of just throwing money, at the problem. Do we even know, what the balance sheets of this and/or any of these bailout companies are ? We, the little people, will be paying for this bailout, sooner or later, but we will pay. Why ? Simple, our government doesn't have this money, but never gets denied for a loan. Amazing...I should go apply for a bailout too...hardequity.net

]]> By: JC- Los Angeles http://ac360.blogs.cnn.com/2008/12/30/financial-dispatch-auto-bailout-widens/comment-page-1/#comment-504702 JC- Los Angeles Tue, 30 Dec 2008 17:52:15 +0000 http://ac360.blogs.cnn.com/?p=20817#comment-504702 I can't wait for the day when, after receiving billions of taxpayer dollars, the horridly run auto companies, AIG or any others of their ilk, file for bankruptcy. Our nation has been run into the ground by horrid leaders, executives and politicians who play with house money and then continually ask taxpayers for do-overs. It's nothing short of an abject national embarrassment. I can't wait for the day when, after receiving billions of taxpayer dollars, the horridly run auto companies, AIG or any others of their ilk, file for bankruptcy.

Our nation has been run into the ground by horrid leaders, executives and politicians who play with house money and then continually ask taxpayers for do-overs.

It's nothing short of an abject national embarrassment.

]]> By: Cindy http://ac360.blogs.cnn.com/2008/12/30/financial-dispatch-auto-bailout-widens/comment-page-1/#comment-504682 Cindy Tue, 30 Dec 2008 16:53:34 +0000 http://ac360.blogs.cnn.com/?p=20817#comment-504682 I'm glad that they finally are helping the auto industry and not letting them fail. Doing so would have been catastrophic to our economy. Cindy I'm glad that they finally are helping the auto industry and not letting them fail. Doing so would have been catastrophic to our economy.

Cindy

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