My Voice of Reason

December 6, 2008

The Only Way to Bailout the Auto Makers

Filed under: Economy — Vaughn @ 10:42 am
Tags: , , , , ,

I think that the entities that most directly benefits from the preservation of the automotive industry in the US are the Oil companies.  I feel that any money in the form of a loan should come from Chevron, Exxon, Texaco, Shell etc.  I propose they all take their 3rd quarter profits and give 50% of it back to the American Auto Industry.  An American Auto Industry that they have worked hand in hand with for decades.  Not as a loan, but as an investment in the American Economy that has given them their resources for so many years as well.   

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