Friday, December 19, 2008

Spender-In-Chief defies the wishes of the taxpayers. US automakers lose their best chance to become competitive and profitable

http://www.foxnews.com/politics/2008/12/19/report-white-house-auto-industry-low-loans/

-No reorganization
-No mandated end to paying UAW workers to sit and play cards
-No mandated deadline as to when UAW and executive concessions must take effect
-No oversight as to the use of the $13+ billion in taxpayer funds
-No built-in incentive to become leaner, sharper and smarter
-No guarantee that this won't all happen again just months from now - with (future) American taxpayers being $13 billion poorer

Thanks, George. I'm sure you would have done the same for any of us if we were hurting. Oh, wait. We are.

No comments: