hello america!!! many of you laughed at me when i said we didn't need to bail out the auto industry &, i was against obamas doing it. i knew then what i know now...that every penny loaned out would not be fully repaid, regardless of what obama says. he says that crysler & gm repaid their loans but, we did not get a dollar for dollar repayment.
corporate america has, can & will, survive their downfalls. yes, more people would probably have been out of work, however, either the company's would have figured out the problems or someone would have stepped up to the plate & started over...regardless of how, america was still going to produce cars & trucks even if not under the crysler & gm logo's...
when ford walked away from the bailout talks, obama should have taken the loans off the table &, allowed the chips to fall to wherever they were going to fall...however, these were union jobs that would have been lost & obama is a stout union supporter...
well, i'm happy to say that ford (& i've been praising them in my earlier blogs) without obamas help, has survived. they have several '40 mpg' vehicles to choose from & the funny thing is, i have not heard obama offering a tax break to anyone that buys one...but he'll give you a $7,500.00 tax break to buy that chevy volt that nobody wants....
obama, here is a sterling example of what corporate america can do when left to fend for themselves:::::::::
http://finance.yahoo.com/blogs/daily-ticker/ford-posts-best-march-sales-5-years-ford-160740190.html
CONGRATS TO FORD...
