WASHINGTON -- President Barack Obama's auto task force told skeptical lawmakers Wednesday the government had no plans to pump more dollars into GM and Chrysler and that the public had a "reasonable probability" of getting its money back.
Ron Bloom, a senior adviser to the task force, faced numerous questions about the roughly $80 billion in federal aid to the car companies, their lending affiliates and suppliers. He said the Obama administration's efforts had given the automakers "a chance to become viable, competitive businesses with bright futures." - FOX News Story
I don't know what the heck they would expect. If you fund a company long enough and push and pull strings for them of course they have a good chance to be viable and competitive.
Give me a couple of Billion and force all of my creditors to take pennies on the dollar, I can become viable and have a bright future.
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