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ModernCamaro.com Founder / Former Camaro Disciple
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Discussion Starter #1
$14 Million bridge loans to the US Automakers just passed in the US House

Final vote totals: 237-170 in favor.

Democrat: 205 Yea, 20 Nay
Republican: 32 Yea, 150 Nay, 1 Present

But remember, this is just the House.
It still has to pass the Senate, and that is the problem.

Bill stipulations:
No bonuses or incentives to top 25 management.
No dividends may be paid to stockholders until loans are repaid.
 

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Now, I just heard the Senate might screw up the works. Not enough votes possibly.

I don't mind check and balances. Hopefully they'll get it ironed out.
 

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Supporter of common sense
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$14 Million bridge loans to the US Automakers just passed in the US House

Final vote totals: 237-170 in favor.

Democrat: 205 Yea, 20 Nay
Republican: 32 Yea, 150 Nay, 1 Present

But remember, this is just the House.
It still has to pass the Senate, and that is the problem.

Bill stipulations:
No bonuses or incentives to top 25 management.
No dividends may be paid to stockholders until loans are repaid.
No surprises in those restrictions, weren't there more?
 

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And for the record, the UAW IS pretty **** greedy.
I was suppost to work as a temp for Ford a couple years back, didn't end up happening..which is why I will never buy a Ford..royally screwed over by them (AND the UAW).

They made it VERY CLEAR that we were NOT members of the union(and therefore had no representation), but had to pay union dues anyway.
That's pure greed right there.



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