U.S Government Complaint - Detroit Automakers Ask Congress For $25 Billion - Don't Give It To Them!
Today, GM’s Wagoner, Ford’s Alan Mulally, Chrysler’s Bob Nardelli and United Autoworkers president Ron Gettelfinger asked Congress for $25 billion to save the American auto industry. As they put it, millions and millions of jobs are on the line, and the future of American manufacturing is at stake.
The $25 billion would only plug the hole for a few months. Detroit automakers will soon be back hat in hand. Also, the $25 billion will not save all three, so which should survive and which shouldn’t? When asked this question today, the “impartial” Gettelfinger — whose UAW has fleeced all three — ranked their viability as: Ford, then Chrysler, then last, GM. One, maybe two companies will have to go. That’s the way business works.
As this recession takes it toll on hundreds of small businesses and thousands of people loose their homes, we need to prioritize what is best for America, and the Detroit automakers aren’t it!!!