Thursday, October 2, 2008

GM Urges Support Of Bailout

GM's CEO Rick Wagoner is encouraging employees to talk with their Congress members to support the bailout. I thought that this would have already been done. Then again, some may not support the bailout for their own reason. Automakers, in general, are supporting the move because of the credit crisis, which is making it difficult for many car buyer to qualify for loans. Well, it only makes sense for them to support something that will help them. If passed, the new bill may totally get them out of the gutter.

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