An offer they can’t refuse …
Ok, here is the deal:
- Bailout for US car makers
- Funded by excess profits tax on oil companies
- discounted by purchase of US car maker stock
So what happens is the excess inventory or large vehicles are sold by Exxon, Chevron, Citco, Shell, BP, e.t.c. What a perfect irony, the buyers just pay and pay and pay.
Bob Wilson
Original post by bwilson4web