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Title: Harry Reid is a total dumbass; Angle should nail him over this
Source: [None]
URL Source: http://www.realclearpolitics.com/vi ... ilout_probably_saved_ford.html
Published: Jul 22, 2010
Author: realclearpolitics
Post Date: 2010-07-22 15:00:48 by no gnu taxes
Keywords: None
Views: 2045
Comments: 7

SEN. HARRY REID (D-NV): "Isn't it a good thing today in America that we have an automobile manufacturing sector? If it had been up to them [Republicans], General Motors would be gone. If it were up to them, Ford Motor Company would probably be gone. Chrysler definitely would be gone."

(video at link)

http://www.realclearpolitics.com/video/2010/07/21/harry_reid_auto_bailout_probably_saved_ford.html

Ford didn't take any bailout money and was in pretty decent shape. What a fucking tool.

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Begin Trace Mode for Comment # 4.

#1. To: no gnu taxes (#0)

Ford didn't take any bailout money and was in pretty decent shape. What a fucking tool.

Ford took loan guarantees and low interest federal loans from both the U.S. and Canadian governments, and lobbied for the GM bailout to protect its own suppliers.

Just last week, Ford got EU backing for loans:

http://www.thetruthaboutcars.com/ford-scores-more-european-aid/

go65  posted on  2010-07-22   15:10:58 ET  Reply   Untrace   Trace   Private Reply  


#2. To: go65 (#1)

Ford got loans for expansion, not for a bailout.

They weren't in bad shape.

no gnu taxes  posted on  2010-07-22   15:23:14 ET  Reply   Untrace   Trace   Private Reply  


#4. To: no gnu taxes (#2)

Ford got loans for expansion, not for a bailout.

They got government-backed loans, the kinds of things folks like yourself typically argue means government meddling in free markets.

go65  posted on  2010-07-22   15:51:23 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 4.

#6. To: go65 (#4)

hey got government-backed loans,

They did not get bailout money. Period.

no gnu taxes  posted on  2010-07-22 16:05:20 ET  Reply   Untrace   Trace   Private Reply  


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