Fucking bastards, they deserve nothing less than to be out of business.
They pushed the god damn gas guzzling land barges.
9-7-2008 http://news.yahoo.com/s/ap/20080907...rs_congress;_ylt=As9B80mkzPFc6AppQkj4tIqs0NUE
Auto industry to press Congress for $50B in loans
Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles.
"This industry could fall down, literally, or be absorbed if they don't get something in place very soon. I think it's that severe," said Rep. Joe Knollenberg, R-Mich. "Something has to happen pretty quickly because they can't compete paying 15 to 20 percent (interest)."
Democrat Barack Obama has criticized Republican rival John McCain for not supporting the full $50 billion loan program.
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Obama has it wrong.
The existing auto companies should go down in flames hard and fast.
They fucked over America and they should not be rewarded for it.
They pushed the god damn gas guzzling land barges.
9-7-2008 http://news.yahoo.com/s/ap/20080907...rs_congress;_ylt=As9B80mkzPFc6AppQkj4tIqs0NUE
Auto industry to press Congress for $50B in loans
Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles.
"This industry could fall down, literally, or be absorbed if they don't get something in place very soon. I think it's that severe," said Rep. Joe Knollenberg, R-Mich. "Something has to happen pretty quickly because they can't compete paying 15 to 20 percent (interest)."
Democrat Barack Obama has criticized Republican rival John McCain for not supporting the full $50 billion loan program.
========================================================
Obama has it wrong.
The existing auto companies should go down in flames hard and fast.
They fucked over America and they should not be rewarded for it.