Tuesday, December 9, 2008

Yet more Fed aid requested...

Yup, we all saw this one coming! With the 'Big 3' in Washington, all the other auto makers have decided to get in on this deal of the century. And not just auto makers- cities, steel producers, and hundreds of other industries and manufacturers have virtually run into DC, all eager for a handout.

Metal forming companies, auto glass companies, and many other car-material suppliers came flocking in, stating that they too required money!

Individuals are even hoping to cash in big on this loan frenzy- a group of retired auto mechanics came into DC and asked for an interview with Senator Richard Shelby (R-Ala).

Governors are hoping to get in on the deal too- asking the Fed to give their respective states loans.

When, oh when, will this loan binge end?!

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