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Reply To: Should the USA Auto Industry be bailout?

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#787785
Anonymous
Inactive

@GamTrak 187630 wrote:

I don’t see why they can’t give it out of the $700 bn

Because the automotive industry wasn’t included in the submission for funds?

When you get a grant for specific purpose (from charities, trusts or government) then you use the money for THAT purpose. Tha’t how the system works – allocated funds and allocated area of responsibility.

You should not expect people with public money to sit on $700bn and say “look at all the cash we have – now who ELSE is worthy?” and start expanding the scope of the grant – THAT would be criminally fradulent.
:sarcasm: