Originally Posted by gljurczyk
Now that is funny..
But remember Ford didn't get bailed out, Old Henry knew what he was doing....
Explain how this is not a bailout.
Ford Chief Executive Officer Alan R. Mulally also asked Congress for a “credit line” of up to $9 billion in case the economy worsened.
In other words, Ford was for government bailouts before it was against them.
Although Ford did not need money from the $80 billion bailout program, Ford did receive $5.9 billion in government loans in 2009 to retool its manufacturing plants to produce more fuel-efficient cars, and the company lobbied for and benefited from the cash-for-clunkers program — contrary to the ad’s testimonial that Ford is “standing on their own.”
Ford Motor Co. Does U-turn on Bailouts