Bilgeman
2009-01-05 03:53:27
Mr. Schreiber:
“If GM & Chrysler hadn’t gotten loans from the gov’t, they would have had to declare some form of bankruptcy, probably Ch. 11 reorganization. Airlines in Ch. 11 advertise all the time.”
This is so, but they don’t do it while getting a taxpayer-subsidized bailout, do they?
Why is Chrylser today more important than Eastern Airlines or Pan-Am were in 1990?
I submit that it’s because they never advertised in Big Media to the extent that the Big 3 do.
And in that light, we can’t really trust the MSM news divisions,(I know…you’re SHOCKED!), to be unbiased in their reporting on this issue, since Big 3 advertising revenues makes up a significant portion of their “rice bowl”.
“Give these guys a loan, you chumps…(they owe us money!)”.
