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<blockquote data-quote="The Other Side" data-source="post: 877576" data-attributes="member: 17969"><p>TOo bad it isnt true. FORD was BAILEDOUT just as GM and CHRYSLER. The difference was simple. FORD was able to put its assets against LOANS from private banks and received billions in loans to restructure the company. GM and Chrysler were unable to secure private funding and needed goverment help.</p><p></p><p>A BAILOUT is a BAILOUT. Whether from the US TREASURY AT A HIGH RATE OF INTEREST or from a PRIVATE BANK with a lower rate of interest.</p><p></p><p>They were all three BAILEDOUT.</p><p></p><p>This ford customer clearly does not know this, and this makes the ad misleading.</p><p></p><p>Peace.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 877576, member: 17969"] TOo bad it isnt true. FORD was BAILEDOUT just as GM and CHRYSLER. The difference was simple. FORD was able to put its assets against LOANS from private banks and received billions in loans to restructure the company. GM and Chrysler were unable to secure private funding and needed goverment help. A BAILOUT is a BAILOUT. Whether from the US TREASURY AT A HIGH RATE OF INTEREST or from a PRIVATE BANK with a lower rate of interest. They were all three BAILEDOUT. This ford customer clearly does not know this, and this makes the ad misleading. Peace. [/QUOTE]
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