John D

GMAC's Bailout Helps Junk Market Too - Barron's

When a country invests in it's OWN industries - it does help the industry & North American economy grow and prosper - when a country invests elsewhere then you have your rich and you have way more poor. Perhaps this is a good lesson learned by all including the government.

As Goes GM, So Goes U.S. Government Credit

At least everyone including the government knows how much went to the car companies & GMAC - seems there $350 billion that just disappeared with no trail or payback - hmmmm, hopefully now that US citizens have THEIR tax dollars invested in the car companies they will start buying NORTH AMERICAN again and watch their investments grow !!!

GMAC: A Perfect Sign of the Times

· BRAVO!!! ... GM (GMAC) lending money to start sales moving and people are buying cars !! Perhaps those old fella's in Washington will note what is happening and push Wall St. to do something constructive with the $350 billion they got instead of bonuses for the #^%%$&^'s that caused the CRISIS like use the money for what it was intended like get the economy in a forward motion again.
Wall St. really didn't have to pay huge bonuses to have the financials straighten out the mess, the government just needed to show them that if they would like to face prosecution for mismanagement & the alternative would most definitely would have motivated them - then of course there are people in the government that were put in place to control this as well that should have been doing a song & dance for Detroit and the rest of the country instead of burying the heads of the Big 3 in a smoke and mirrors show.
Now lets just hope that they look at EQUAL trade as opposed to FREE trade and fix a few other issues as well !!