Support for Detroit Automakers?
I’ve always been up front with our readers about my “home town slant”, as I live and work in Metro Detroit. As we approach the elections, and the “leaders” of all parties continue to promise a few chickens in every pot, regardless of the rationality of the promises, real, live companies like Ford, GM and Chrysler LLC are getting, relatively, precious little ink. Even this week “uber CEO” Carly Fiorina was here in Detroit giving a speech with, at best, lukewarm support to the industry. She seemed to do such a good job running her last gig, didn’t she?
I’m aghast at how little forward thinking our pols are when noodling through an American economy scenario without GM, Ford or Chrysler.
Read on:
http://money.cnn.com/2008/10/29/news/companies/bigthree_bailout/index.htm?postversion=2008102907