Due to the difficult economic times and slumping automobile sales, General Motors, Ford, and Chrysler are asking for federal aid (read: bailout).
A U.S. rescue package for GM, Ford and Chrysler is likely before President George W. Bush leaves office in January, said Dennis Virag, president of Automotive Consulting Group in Ann Arbor.
The federal government is continuing the socialist takeover of private enterprise and out-of-control corporate welfare.
Updated 11/11/2008: Pelosi Calls for `Emergency’ Aid to U.S. Automakers. The Dems appear to be pushing this bailout hard.
