I have a question, why couldn’t the government buy some/all of the cars and trucks the Big 3 currently have in inventory at cost, and I mean demonstrated cost, then turn around and sell the inventory via Federal auctions? Detroit would turn dead inventory into badly needed cash, millions of new cars would be sold and the taxpayers would recoup most of their investment. At least this way taxpayers will get something back because I heard on tv the Big 3 will actually need up to $400 billion to survive.
That would make too much sense....we’re talking abt Washington Politics here...