Auto Industry Bailout
JUST SAY NO to Auto Bailout
Just as I am losing almost a third of my investments another industry wants a bailout from me.
Go to Hell!
You did this to yourself. Over thirty years ago you were told to start improving fuel effiency in your vehicles and to develop new technology like electric cars. The Japanese did just that and now are thriving. Detroit decided to build bigger cars like HUMMERs and send their electric cars to the compactor. You have had plenty of time to adjust to the market – you chose not to, now you are going in the toilet. Big Surprise.
If you want to be saved, I suggest you call Toyota or Honda, maybe they will buy you and show you how to make dependable fuel effiecient cars. First though they would need to fire all those gas guzzling execs at the top.