Friday, December 12, 2008

Dtetriot Bailout Failed

The big car manufacturers in the Unites States have recently looked for a a bailout now that financial turmoil has set in. Last week a bill was passed to give the car companies fourteen billion dollars almost immediately. The car industry would have a regulator that could take the money back if it was thought that the money was not spent responsibly. The bill was then sent to the Senate who brought in the car industry representetives but were not able to come to an agreement. The Senate says they won't consider another bailout till next year

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