Why are you all so down on our car companies? Did the feds not bail out the airlines, a few years back ? Did the feds not give 700 billion - yes 700 billion to wall street? !! Most of you will not recall because there was no big deal over it, made, like this football tossed around. Is our domestic automobile industry not as important as out domestic airline industry ?
Kentucky... Totopet built a plant there, and got the state & the Feds to grant them 100% free taxation, until 2017. No School Tax, No Land Tax, No State Income Tax, no Earning Tax .... for 25 years, for their promise to build there and hire workers from that state! All upper management, supervisors, etc are flowen in from Japan, none are Americans....
Where were you then to holler?? Gm, Ford, Chrysler and all the rest pay taxes,
Totopet gets a break, for a quarter of a century ??? Scream about that, as you pay YOUR taxes !
If you think things a bad now, justy wait until Chrysler, Ford & GM go belly up, and all those workers are outta work, and the suppliers go out of business, and the dealerships close, and the new car carriers go out onto unemployment. The domino effect will be still felt in 6 years many have said.
Why are you all so down on the Auto industry and so forgiving on wall street & the airlines?