Quote:
Originally Posted by Emmerich
Not than I am for backing either the Big 3 or NO, but rebuilding the ****hole ghetto called NO below sea level and floating loans to car companies is not the same thing. Best case is the car companies come out of it, people have jobs, cars are sold and a lot of related industries/people htrive. For NO, you end up with a newer ****hole ghetto built below sea level.
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Best case for NOLA, given the loan, is a tremendously expanding middle class, falling sea level and no more hurricanes.
About as likely as GM paying-off in the long run.
In both cases, it's a local/state issue. Not a fed issue.
B