Why didn't I think of this? I've been grumbling about how the government never sends me (or Jane's Electric, or Miller Construction, or any other working folks) a bailout check if I make bad investments and wind up in deep debt.
GMAC, the branch of General Motors that handles your financing when you buy a Chevy, must have felt left out, too. But they've found a way to turn grumbling to green: they are applying to become a bank so they can expand the services they offer customers... and so they can qualify for federal bank bailout funds.
Brilliant. Abso-gosh-darn-lutely brilliant. If the rest of GM were that crafty about ways to make money, they'd be buying Toyota and Honda.
Hand me an application: it's time to open the Madville Times Bank and Trust!
When will the City of Sioux Falls tell it’s citizens we are going broke? - City workers collecting their pay checks You can’t rack up millions in record debt building structures we don’t need, turn around and give your directors a...
4 hours ago