With the nation transfixed by the Administration's $700 billion financial bailout proposal, General Motors, Ford, and Chrysler secured their own bailout. . .uh. . . I mean
bridge loan. "It seemed like a lot when we first started pushing this," says Democratic Sen. Debbie Stabenow of Michigan, one of the bill's sponsors. "Suddenly, it seems so small." And the $25 billion doesn't include
tax breaks for purchasers of plug-in electric vehicles approved by the Senate this week.
Anyone for a chorus of
Tom Paxton's I Am Changing My Name to Chrysler?:
I am changing my name to Chrysler,
I am going down to Washington D.C.
I will tell some power broker,
"What you did for Iacocca
Would be perfectly acceptable to me."
I am changing my name to Chrysler,
I am leaving for that great receiving line.
When they hand a million grand out,
I'll be standing with my hand out,
Yes sir, I'll get mine.
(via
The Corner)
1 comment:
To update Everett Dirksen:
"A trillion here, a trillion there -- sooner or later it adds up to real money"
.
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