Don't Help GM and Ford
By Jerome Grossman
Please don't help General Motors and Ford. Loaning them $25 billion to ride out the world-wide economic perfect storm would be a waste of money. Every patriotic American knows that it is more important to save Baghdad than Detroit, or to put 100,000 Sunnis on the US payroll in Anbar Province for doing nothing, our current policy. Money for the automobile companies could be better spent in Iraq looking for Saddam Hussein's fictitious weapons of mass destruction. The funds saved in Michigan could be given to the Halliburton Corporation for one of their no-bid contracts. There will be plenty of opportunities to spend even more in Iraq now that the government there is about to authorize our presence for the next three years - and maybe longer if enough Iraqis rebel against our occupation and Iraq doesn’t run out of oil. No problem about the money. We have already spent about one trillion dollars in Iraq on an invasion based on lies told to the United Nations and the US Congress. And we didn’t even have a plan, ask Bush and Rumsfeld. Just like GM and Ford don't have a plan. And the generals and government officials and Members of Congress get to fly to Iraq in specially equipped US military jets, flights that cost $100,000 each, just to get their names in the newspapers to tell us that we are winning but whisper that we must stay as long as Iraq has oil and favors US oil companies. Hey, it's only money, better spent in Baghdad than Detroit or to pay for the 700 military bases we have in 130 other countries. First things first.
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What America needs is to become energy independent.Iran just asked OPEC to reduce production by yet another 1.5 million barrels per day.This past year and the record gas prices played a huge part in our economic meltdown and seriously damaged our society.We keep planning to spend BILLIONS on bailouts and stimulus plans.Bail us out of our dependence on foreign oil. Make electric plug in car technology more affordable. It cost the equivalent of 60 cents a gallon to drive an electric plug in car. The electric could be generated from wind or solar. Get with it! Utilize free sources such as wind and solar. Stop throwing away money on things that don't work. Invest in America and it's energy independence. Create cheap clean energy, create millions of badly needed green collar jobs. Put America back to work. It is a win-win situation. We have to become more poractive citizens, educate ourselves and demand our elected officials move this country forward into the era of energy independence. Jeff Wilson's new book The Manhattan Project of 2009 Energy Independence NOW outlines a plan for America to wean itself off oil. We need a plan and we need it now! www.themanhattanprojectof2009.com
Jerome!
I am inclined to not want to bail them out especially after they flaunted their affluence arrogance and ignorance by showing up in 3 private jets but I never thought of this as in Loaning them $25 billion to ride out the world-wide economic perfect storm.
Do not forget the perfect storm was purposely manufactured and one way or the other we are on our own but we will get through this!
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