While President Bush and the Republicans in Congress block an effort to save our American auto industry, foreign countries have already come to the aid of theirs. France, Germany and Italy have provided billions to their auto companies as the auto sales drop is worldwide and has affected even the Japanese brands. Of course Japan has helped their companies for years in the form of technical assistance as well as the free health care they provide which reduces the costs of their autos built in their country.
The foreign automakers are building in this country benefit from zero pension costs due to a younger workforce. They have located in union-busting southern states whose senators once approved incentives and tax breaks for them to do so. Now these same senators oppose helping the American auto industry. Can anyone say conflict of interest?
Thomas Hanley
Fulton
Thomas Hanley
Fulton
Citizen
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casualobserver wrote on Dec 18, 2008 10:56 PM: