auntiris

Today's Other Bailout: $25B for Auto Makers

I'm delighted. The big 3 need the boost to compete and putting energy efficient/hybrid cars on the road WILL provide a catalyst for oil prices to drop. The more we do domestically to be less dependent on foreign energy sources the better. We've got to start somewhere -- and Detroit needs the work. Thank you Uncle Sam. Besides, all the other countries govts help their industries...why can't we? The "rules" of accounting and financial engagement are like the "rules" of war --- needing a 21st century update just like we discovered fighting in Iraq and Afghanistan. They don't fight by the same rules we do; how can we compete globally financially if the foreign interests are killing us with our own outdated rules? Thank you Uncle Sam.