Democracy Now! | CEOs of Big Three Automakers Return to Capitol Hill to Plead for $34B Federal Bailout
If the auto industry really is so all fired important to the economy, then why can't the oil industry, specifically Exxon-Mobil pay for their salvation? Just in the last year they've recorded over US$1Trillion in profit. Their taxes have never been lower. Seems to me they could easily fund some loans to the auto industry.
Then the wads of cash that Congress can't wait to throw around (I hope you eschewed voting for any incumbent congressman!!!) could be spent on ramping up solar, geothermal, and other types of energy. (I've just decided to eschew the use of the word 'alternative' since that implies a perspective of the dominant mindset. Whew, now REM is just Rock! ;-)
I fail to understand how anyone could give these guys money after they've demonstrated their inability to manage what they already have!
Write your congressmen today & say ¡No Mas!
1 comment:
Bravo! It would only make sense for the oil companies to loan the money, without the auto makers, we have little use for their oil!
Post a Comment