Comments on: Bailout Watch 124: White House Says TARP Covers Auto Loans

By: ComfortablyNumb

ComfortablyNumb — Tue, 28 Oct 2008 02:28:40 +0000

“GM had offered to swap an equity stake in the company in exchange for federal help”

Isn’t that kinda the same premise that hookers work on?

By: AG

AG — Tue, 28 Oct 2008 00:15:06 +0000

So now we’re bailing out unemployed college grads for their modded Jettas?

By: John Horner

John Horner — Mon, 27 Oct 2008 22:32:31 +0000

So at the end of the day the Congress apparently handed the Bush Treasury authority for a $700 billion revolving line of credit to whatever if feels like with, eh? Snookered again. Can we start a countdown to inauguration day watch?

By: gamper

gamper — Mon, 27 Oct 2008 20:51:26 +0000

I liked this whole bailout thing better when the acronym was the “Securitized Housing Investment Trust.”

I thought that it has been pretty much a given for a few weeks now that bad auto loans from the big three finance arms were going to be included.