U.S. President George W. Bush said on Monday an announcement on a auto industry rescue was not imminent, leaving the industry's fate clouded in uncertainty for a little longer.
AP Chevrolet Dealership |
"We're not quite ready to announce that yet," Bush told reporters on Air Force One during a flight from Baghdad on an unannounced visit to Afghanistan.
He had been asked when he might make an anticipated announcement about tapping a $700 billion financial industry bailout fund to aid General Motors [GM 4.10 0.16 (+4.06%) ], Ford Motor [F 3.13 0.09 (+2.96%) ] and Chrysler.
Asked whether he was leaning toward using financial bailout funds, Bush said: "I signaled that that's a possibility. in charge of assigning.ically a few people got very rich as usual when aid programs are allocated in foreign countries as they steal the money with the help of some government employee's who arBush Warns Auto Makers A Deal Is Not Imminent
U.S. President George W. Bush said on Monday an announcement on a auto industry rescue was not imminent, leaving the industry's fate clouded in uncertainty for a little longer.
AP Chevrolet Dealership |
"We're not quite ready to announce that yet," Bush told reporters on Air Force One during a flight from Baghdad on an unannounced visit to Afghanistan.
He had been asked when he might make an anticipated announcement about tapping a $700 billion financial industry bailout fund to aid General Motors [GM 4.10 0.16 (+4.06%) ], Ford Motor [F 3.13 0.09 (+2.96%) ] and Chrysler.
Asked whether he was leaning toward using financial bailout funds, Bush said: "I signaled that that's a possibility.
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