It's funny how when the auto companies were selling lots af cars and making lots of money (before the IMPORTS started using North America for a dumping ground and sending the profits to their homelands) that there was very little critisim about how the business was run or otherwise. Now that the FINANCIAL sector has plunged and no-one can secure credit for themselves or their customers putting the auto industry in the state it's in everyone is a expert on the topic. The US spends TRILLIONs on wars in other countries (the weapons of mass destruction have been here on WALL St. all the time) - but no-one wants to help their own country as it will cost $25 billion. Thats what I call TURNING YOUR BACK ON YOUR FELLOW COUNTRYMEN - wait until the depression starts then see what the experts have to say then - I'll bet it changes.
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It's funny how when the auto companies were selling lots af cars and making lots of money (before the IMPORTS started using North America for a dumping ground and sending the profits to their homelands) that there was very little critisim about how the business was run or otherwise. Now that the FINANCIAL sector has plunged and no-one can secure credit for themselves or their customers putting the auto industry in the state it's in everyone is a expert on the topic. The US spends TRILLIONs on wars in other countries (the weapons of mass destruction have been here on WALL St. all the time) - but no-one wants to help their own country as it will cost $25 billion. Thats what I call TURNING YOUR BACK ON YOUR FELLOW COUNTRYMEN - wait until the depression starts then see what the experts have to say then - I'll bet it changes.
Nov 20 08:21 am
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All Comments by John D »Let the Detroit Automakers Fail [View article]