I’m sick as hell of all of these companies getting our money, FROM THE GOVERNMENT. If hybrids were such a great investment, they should have no problem investing in themselves and yielding a profit from the sale of those hybrids, assuming hybrids are such a great investment. Right?
Well the government is designing cars for the big 3 and setting mpg standards so either they negate the damn interference or give them a loan to retool
I have written my senator telling him that I am against it, but what I am for is removing all of the CAFE and other restrictions on auto manufacturing. These companies are making money overseas and losing it here.
Now it is not really that simple. The unions are breaking them. Not necessarily with wages, but more likely with pension funds and so many fringe benefits.
When the foreign companies build an auto plant here, they start from a clean slate. They do not have retired employees that have not worked for 10 r 20 years drawing a retirement check, getting health care insurance, etc.
Somehow, the big three must reduce that overhead to a reasonable level.
One way is to go Chapter 11. The referee in bankruptcy can then declare all contracts null and void and everyone starts over from square one.
That is what I think they should do. And get out from under all of the CAFE and EPA crap.
Write your senators. I think the house is a waste of time. Get it stopped in the senate.
CSSJR