No Word on Other Options for Detroit Bailout
Jul 31, 2020204.6K Shares2.7M Views
Check out this exchange between reporters and White House spokeswoman Dana Perino this morning after Perino announced that the White House “will consider” using funds from the Wall Street bailout to help Detroit:
“„PERINO: We’re going to weigh all options. I mentioned TARP, as that’s been something that you all have been asking about for weeks. And it’s just one of the options that’s out there, sure.
“„REPORTER: Can you describe the other options?
“„PERINO: No.
“„REPORTER: Is the Federal Reserve — cash from the Federal Reserve an option?
“„PERINO: I don’t know.
“„REPORTER: Will the decision be made this week? I mean, it’s Friday today. Or is next week –
“„PERINO: I don’t know.
It makes you think that the White House was the only player in this saga that didn’t prepare for the inevitability that the Detroit bailout would fail the Senate.
Paolo Reyna
Reviewer
Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies.
Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most.
In his free time, he loves to travel, watch films, read books, and socialize with friends.
Latest Articles
Popular Articles