Gimme Gimme More

Big Three Automakers, GM and Chrysler beg for more money to stay afloat.  GM might need as much as $30 billion on top of the $13.4 billion it received from government funds.  The company also plans to cut 47,000 jobs.  Chrysler asked for $5 billion more (it already received $4 billion) and will cut 3,000 jobs.  

We've dug ourselves into a hole.  The real losses are yet to be seen.