Posts Tagged ‘auto bailout’

How Much is $787 Billion?

Tuesday, March 3, 2009 8:23 Comments

Space is big. Really big. You just won’t believe how vastly hugely mindbogglingly big it is. I mean, you may think it’s a long way down the road to the chemist, but that’s just peanuts to space.
- Douglas Adams, “The Hitchhiker’s Guide to the Galaxy”
In some ways, space is a lot like money. Some of [...]

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Auto Bailout FAQ – 14 Things You Need to Know

Sunday, December 21, 2008 17:40 Comments

For all the media coverage of the bailout, there’s been little talk of details.  Here are 14 questions that explain everything you need to know about the bailout.
1. Why is a bailout needed?
According the Bush, letting Chrysler, Ford, and GM collapse is not an option in the middle of a recession, housing slump, and credit crunch.
The [...]

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