The Conservative Cave

Current Events => Breaking News => Topic started by: TheSarge on November 20, 2008, 12:06:22 PM

Title: Bipartisan Group of Senators to Propose Compromise Loans to Big Three
Post by: TheSarge on November 20, 2008, 12:06:22 PM

WASHINGTON — Aides to a bipartisan group of auto-state senators say they have reached a compromise to speed emergency loans to Detroit’s Big Three car makers.

Republicans and Democrats plan to present the proposal at a mid-afternoon news conference Thursday. But it was whether the compromise plan could draw enough support to get through a reluctant Senate.

It temporarily would divert to troubled automakers money from a program that currently finances the development of fuel-efficient vehicles. The aim would be to cover their immediate expenses.

http://www.foxnews.com/story/0,2933,455407,00.html

Title: Re: Bipartisan Group of Senators to Propose Compromise Loans to Big Three
Post by: Jim on November 20, 2008, 03:07:19 PM

I saw it was supposed to contain a business plan for how they avoid imploding but sans union rollbacks, they're dead and just don't know it.

Romney is right, they gotta die and see if there is a phoenix in there waiting to be reborn.