3 in 5 Americans oppose giving GM and Chrysler government loans

Posted: Mar 24, 2009
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According to a survey by R.L. Polk, more than three and five Americans (that’s 61 percent) oppose giving General Motors and Chrysler additional government loans. Of course, since it’s the taxpayer’s money that goes to the two automakers, their voice about what happens with their money matters. Nonetheless, we’ll found out more details on March 31 when the auto task force will reveal their decision on GM and Chrysler’s additional request for aid.

The R.L. Polk survey said that about the same percentage of those who opposed also recognized that denying them additional loans will have severe economic consequences.

GM had no comment on the survey results and Chrysler said that it expects many viewpoints on its current financial condition.

“We are completely focused on working with the automotive task force to ensure the viability of an industry and a company that provides economic benefits to communities across the country,” Chrysler told the Detroit Free Press.

- By: Omar Rana

Source: Free Press


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  • Kyle Reed

    Write your congressman! The Detroit Big 3 (Who are fronts for the oil companies), the banks (Who conduit the oil company money) and AIG (who keeps the oil companies protected) were handed “money in a sack” within a few days with no questions asked, no application and no review process but the alternative energy people, ie: wind, solar and electric cars; must pay massive fees, file thousands of pages of paper and wait years to see if they MIGHT get some money. It seems as if there is an intentional program going on to delay alternative energy. Already, multiple solar companies that were waiting for that money have been forced to go out of business by the delay and most of the electric car companies are going to die soon too.

  • Pat

    wow kind of really seriously hating on them huh?

  • Kyle Reed

    Write your congressman! The Detroit Big 3 (Who are fronts for the oil companies), the banks (Who conduit the oil company money) and AIG (who keeps the oil companies protected) were handed “money in a sack” within a few days with no questions asked, no application and no review process but the alternative energy people, ie: wind, solar and electric cars; must pay massive fees, file thousands of pages of paper and wait years to see if they MIGHT get some money. It seems as if there is an intentional program going on to delay alternative energy. Already, multiple solar companies that were waiting for that money have been forced to go out of business by the delay and most of the electric car companies are going to die soon too.

  • Pat

    wow kind of really seriously hating on them huh?