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To: al baby

Other people’s misfortune is humorous to you? Really?


4 posted on 05/30/2009 1:45:06 PM PDT by Hildy
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To: Hildy

Some people you betcha !!!


18 posted on 05/30/2009 2:13:52 PM PDT by al baby (Hi Mom)
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To: Hildy
In Lee Iacocca's case, he went to Congress to beg for loan guarantees, and made the argument that the US would be compensated for the risk, but being paid out of future profits, if Chrysler survived.

After Chrysler recovered, he weaseled out of the obligation by convincing Congress that the loan guarantees hadn't actually cost the government anything, so Chrysler shouldn't be held to their promise of payments.

51 posted on 05/30/2009 3:40:35 PM PDT by 3niner (When Obama succeeds, America fails.)
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