http://www.youtube.com/watch?v=U7YBjjLKLd0
Click Here to Watch!!
The auto industry execs took a beating from Congress the other day so I was glad to find a seasoned voice to shed another light on the situation.
Now, don't get me wrong, I don't believe in throwing good money after bad and I'm not biased because I live in Detroit. I just find it ironic that the banks and insurance companies were practically thrown money with no rules or regulations whatsoever and the automotive industry is having to sign in blood and pinky swear.
The automotive execs should be held accountable, nonperformers should not receive massive bonuses and pay. They should restructure their business models and the unions should also join them in that restructuring. Once the LOAN is made, there should be clear cut repayment terms.
Now,they've gotten their beating and been sent to thier rooms, are we going to help them, which means helping American families or are we going to continue to play keepaway at those families' expense?
I thank Congressman McCotter for being the voice of reason in all this, please click link above to watch. - Dee
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