[tobyhill]

The $25 billion approved was to retool their factories in order to make cars that get 40 mpg which no one will buy because they will still be an average of $2300 more than foreign competition.

[Nathan Zachary]

I thought that 25 billion was for GMAC to sell o%financing for car sales, although we know it went to pay debt on health care benifits.

It’s long gone, and so will anyfuture bail out money vanish before out eyes as they continue to bleed over a billion a day.