long_on_oil

Wall Street Breakfast: Must-Know News

Saving the auto industry is like pouring money down a rat hole. If the industry will not make autos that sell why should the taxpayers subsidize these losers. Honda is building a car that runs on natural gas and apparently it is selling like hotcakes. Our auto makers have to get their heads out of the sand and for once in their corporate lives try to get ahead of the curve instead of always following 5 years behind.
The government can't control corporate direction, the market handles that very nicely. Let markets work, we taxpayers don't exist to keep the auto unions alive and well. Simple economics, profitable corporations succeed, all others fail.
We all know that Obama will pour millions into these losers because of his commitment to the Unions. This is a huge mistake.
If the automakers can present the government with a viable plan that shows how they are going to become profitable then consider helping. If it is going to be the same ole crap of producing gas guzzlers and losers then let em fail.
We as a nation have to start right now building natural gas filling stations all across this country. We have to free ourselves from the Saudis and these other bastards that want to kill us. It is a must that we switch our autos to natural gas.