but it's getting ignored.

1 - Pelosi and Obama say the auto industry CANNOT fail
2 - Gov't gives loans and a timetable for resolution
3 - Gov't ousts GM CEO.
4 - Gov't takes over Chrysler, violating Bankruptcy law and strong arming creditors
5 - Gov't then cuts advertising budgets in 1/2
6 - Gov't then orders closing of ~2k dealers

So we give 25B in loans to save an industry and now the GOV'T is killing industries owed money and shutting down about 2000 dealerships, killing some 150-200K jobs.

So much for "saving" an industry and "saving or creating" 3 million jobs.


Brian K. Gallus
I have nothing important to say.