Evently its bailout time in Washington. This story has largely flown under the radar screen, but the Detroit Free Press is reporting that the big 3 automakers have asked for 25 billion in low interest loans from congress.
It looks like both the Democrats and Republicans are on board with the loan package, so its likely that it will go through before Congress recesses on the 26th.
The story is here.
James & Miel are originally from Oregon, and are both gainfully employed professionals. James works internationally in survey research, and Miel currently works in international development & relief in Africa.
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