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The auto industry, excuse me...GM and Chrysler. Ford should submit a libel and slander document for how they are getting lumped in with the two losers of D-town. Ford has taken NO bailout money, GM and Chrysler on the other hand are back at the public tit hoping for more money. Now Congress will do what it always does, stick its chest out open its plume and tell the world how bad these companies are. People like Chris Dodd and Barney Franks, maybe even Reid, will tell you these are terrible companies, not worthy of taxpayer funds (because we all know how close to the vest the US Congress keeps those). Then, in a seeming 180 about 4-7 days later, they will give Chrysler and GM the money. It is all a show. That's it, just a show. A way of US Congressman trying to keep their jobs. I mean, who wants to be the Rep form Michigan or the two Senators when you vote "no" to bailing out the largest work supplier in your state?

The two companies face a March 31 deadline to win concessions from bondholders and unions in order to prove to the Treasury Department that they can be viable in the long term. Without such a finding, the government can recall the $13.4 billion it has already lent to GM (GM, Fortune 500) and the $4 billion it loaned to Chrysler.

Few expect Treasury to take such a drastic step. Still, it's clear that the automakers need more than the loans they already have received. Chrysler is on record as saying it needs as much as $5 billion in additional funds by March 31 to avoid being forced into bankruptcy.

Oh no, the big "B" word. Bankruptcy, remember it is OK for you when you lose your home and are in debt up to your eyeballs, but it is simply a no win situation for Chrysler and GM.

Mo money, mo money, mo money

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