Wednesday, December 10, 2008

Obama: Carmakers need change at the top

President-elect Barack Obama announced support Sunday for a short-term government bailout of the nation's carmakers that is tied to industry restructuring, and he accused auto executives of a persistent "head-in-the sand approach" to long-festering problems.

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[Source: Financial news of the day - CNNMoney.com]

1 comment:

Anonymous said...

Obama is not the bad guy. In fact, he's helping us by lowering the cost of money for people, increasing grant funds, and more as a bailout package for us.

Our Bailout