Friday, December 16, 2011
Is anyone else outraged by some of the auto bailout conditions?
They have been spending millions of dollars lobbying congress for decades to avoid fuel efficiency standards, safety features and emissions limits. Congress is again myopic because members on both sides of the aisle have received money in support of their campaigns from either the UAW or the auto execs. I am of the opinion that they need to boot out all of the executives who are nothing but corporate raiders and are responsible for running the industry into the ground. My only hope is that pressure from the American taxpayer will convince congress to come at the emission limits, fuel efficiency standards and safety features in other restrictions. But, knowing our congress, that is probably a very dim light at the end of a very long expensive tunnel.
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