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Re: Chrysler bailout/ was Re: TR7 - Good or Bad?

To: gkirk@empirenet.com
Subject: Re: Chrysler bailout/ was Re: TR7 - Good or Bad?
From: Teacher122@aol.com
Date: Tue, 2 Dec 1997 23:53:42 -0500 (EST)
In a message dated 97-12-02 13:48:13 EST, gkirk@empirenet.com writes:

<< 
    Well, that is theLee Iaccoca version, what his little story omits is
 that while the loan was paid off early, no attempt was ever made to
 repay the outright grants that were also made at the same time.  Go back
 and check the newspapers at the time, as I recall that the aid package
 for Chrysler involved more that just a loan for the government, it
 involved some substatial grant monies as well.
 
 Greg
 
  >>
That could be!  One must also look at all of the grants that various states
currently use to lure assembly plants.  Is it any more incorrect for an
existing piece of American history(Chrysler) to accept grants to keep jobs
than it is for a foreign company(Mercedes being the most recent) to accept
grants to create jobs?
Tom Green


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