http://endthebailouts.com/2008/12/06/on-the-virg-of-disaster/ Help Stop the Damaging Corporate Giveaways Tue, 18 Oct 2011 05:48:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://endthebailouts.com/2008/12/06/on-the-virg-of-disaster/#comment-612 Aaron Sun, 07 Dec 2008 19:27:50 +0000 http://endthebailouts.com/?p=192#comment-612 Wait, wait, wait, before we start singing the praises of the foreign auto makers being so in tuned with the needs and wants of the American public, understand the conditions of the auto industry. We the American people have as much to do with the auto makes being in this mess as they do. We requested Hummers, Suburbans, Tahoes, Escalades and F-150s, not GM, Ford and Chrysler. Don't get me wrong it would have been nice for some CEO making millions of dollars a year to figure out that $1.25 a gallon gas wasn't going to last forever but neither did the American consumer who purchased these gas guzzling vehicles. Foreign auto makers aren't the Nostradamus of the manufacturing world they just happen to produce in counties where the streets are only 8 feet wide and gas has averaged 5 buck a gallon for as long as the population can remember. Just as our auto makers gave us what we wanted (econ. 101 supply and demand) and then got caught off guard when gas prices spiked, foreign auto makers happened to have a product that fit a niche Americans requested over night. If I'm going to give my tax money to bail people out I just as soon have it go to companies that employ a lot of blue collar workers rather than fatten the pocket of a lot of white collar workers. But that's just me. Wait, wait, wait, before we start singing the praises of the foreign auto makers being so in tuned with the needs and wants of the American public, understand the conditions of the auto industry.
We the American people have as much to do with the auto makes being in this mess as they do. We requested Hummers, Suburbans, Tahoes, Escalades and F-150s, not GM, Ford and Chrysler. Don’t get me wrong it would have been nice for some CEO making millions of dollars a year to figure out that $1.25 a gallon gas wasn’t going to last forever but neither did the American consumer who purchased these gas guzzling vehicles.
Foreign auto makers aren’t the Nostradamus of the manufacturing world they just happen to produce in counties where the streets are only 8 feet wide and gas has averaged 5 buck a gallon for as long as the population can remember. Just as our auto makers gave us what we wanted (econ. 101 supply and demand) and then got caught off guard when gas prices spiked, foreign auto makers happened to have a product that fit a niche Americans requested over night. If I’m going to give my tax money to bail people out I just as soon have it go to companies that employ a lot of blue collar workers rather than fatten the pocket of a lot of white collar workers. But that’s just me.

]]>