Posted on 12/08/2008 6:32:55 AM PST by Bill Dupray
When the government takes over an industry, there are no market forces in play; politicians who no nothing about running anything decide they know how to revive a flagging industry; and new products are made based on Congressional political agendas rather than a public demand.
When the British did a "bailout" 40 years, it was the end of the British auto industry.
Congress is about to do the same thing.
More . . .
(Excerpt) Read more at patriotroom.com ...
” Was the wonderful Lucas wiring that gave you fits? “
Actually , no . But everything else did .
My Celica was also a 1978 . Drove it until 1985 w/o a problem . In 1985 I came to Japan , and left the car with my younger brother . MISTAKE . It was all downhill from there . But even he couldn’t “ totally “ destroy it . Somebody bought it for a grand as it was still running .
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