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Re: Millennium debt deepens

Posted by brightonr68 on Tue Aug 25 13:01:33 2009, in response to Re: Millennium debt deepens, posted by kcram3500 on Tue Aug 25 12:33:17 2009.

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"A contract doesn't solve their money problems - in fact, it makes it worse. Buses are not paid for until the delivery is completed... thus they would need to borrow incredible amounts of money for parts and labor to build the buses before they get a dime"

All those ignorant people who were AGAINST the TARP program(aka bank bailout) failed to see the only reason for the so called bailout was to allow banks to have money to lend to businesses such as Millenniuem. If the looser senate and house would have moved foward with the tarp in the spring of 2008 there would be far fewer layoffs and bankruptcies. OH yeh the gov has made over a hundred billion $ in profits on TARP already.

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