FWIW, the idea of bailing out an auto maker has been done before.
Chrysler was bailed out in 1979.
Surprisingly enough, the government ended up getting all the bailout money back.
You can blame the auto industry execs or unions for building big gas guzzlers if you want, but, if you do- look in your driveway. How many of you see pick ups and SUV's?
The auto companies build the cars and trucks that sell, and make a profit. They built gas guzzlers because we bought them, not because of some conspiracy.
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“May we never confuse honest dissent with disloyal subversion.”
Dwight D. Eisenhower
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George Washington
Jack@huntchat.com
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