Tuesday, November 18, 2008
The Financial Crisis and the GM Bailout
So a friend on campus told me two interesting pieces of news today that I thought you all might like to hear. The first is that he overheard two Egyptians speaking at the US Embassy about how the Jews caused the financial crisis. It must be true, because Hamas thinks so as well. The second is that the Israel lobby is blocking the bailout of GM. Just thought you should know.
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Today GM suffers a loss of about $2,000 per vehicle sold. On the other hand Toyota whose employees are not part of the UAW earns a profit of about $1,200 per vehicle sold.
No Bailout until the UAW sees the light.
http://nomedals.blogspot.com
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