Jon Stewart of Comedy Central’s Daily Show wrapped up a rant on the Wall Street bail-out versus the auto industry loans with a plea Thursday night to “give them the money” that had his studio audience cheering.
“Now that’s the things about cars,” Stewart said after admitting that his first vehicle was an AMC Gremlin, “even the crappy ones are useful. “But you won’t bail out the people who make cars,” he told Congress. “You’ll only bail out the people who make car loans. Not even car loans. The people you bailed out made derivative paper transfers speculating on the future value of enormous groupings of said loans to China. “Fine. Detroit’s business model is bad. We know they lose $2,000 for every car they sell. Wall St. lost $7 trillion without selling anything. At least when Detroit loses money, we get cars. So give them the money!” http://www.freep.com/article/20081205/BLOG2504/81205056 T W. S This message has been scanned for malware by SurfControl plc. www.surfcontrol.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
