Eugene David
...The One-Minute Pundit

Monday, November 17, 2008


When even Democrats can suggest GM won't get its money without conditions, you've got trouble right there in Motor City.

Meantime we assume WHINY REID won't offer any. Spend away!

And Moody's (pffh-hh-hh!) emotes:

``Even with the benefit of the U.S. government's $25 billion guaranteed-loan program, we think GM's liquidity profile will continue to erode in 2009,'' the analysts wrote. Detroit-based GM had its rating cut to SGL-4 from SGL-2.

Heear that, WHINY? Spend away!

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