The other Bush had the savings and loan problem with one of his sons out west in CO not sure of state in the stew and walked. So no one really got spanked them so why now.
The gready loan people and the gready home loan types should eat the sh!t sandwish and move on.
Toyota will take over GM in a short while by just doing an unfriendly take over with the GM stock price at the present. Will be a money maker with all the foriegn sales at the present for GM. The GM new Volt electric that can get a whooping 40 miles on a charge and runs about 40 grand ready in two years. Again the rice burners are eating Ford and GM lunch with hybrids on line now.
The bail out is a closed loop with no exit in sight. Jobs are in deep trouble even with the bail outs. When a take over happens like we saw last week jobs are lost by the thousand by the failed company.
Talking to a retired United airline worker to day. He lost 800 per month with the restructure approved by the courts. He did keep his health card. He had a stand at a flea market. Major health problems due to booze so the pay cut should not be a future problem for him.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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