Wednesday, November 12, 2008

No rescue for automakers

Can't say I'm surprise the automakers are on their own concerning their financial ills.
For the past decade, industry insiders and outsiders have been pleading with the big 3 to make more fuel effiecient vehicles and to slow production on huge gas guzzling suvs. They failed to listen and now they are on the brink of extinction. Sending jobs overseas didn't help the situation either. In Michigan we are facing the complete destruction of the middle class. Gone are the high paying factory jobs with good health coverage. Many are now faced with soaring health care costs and lower paying jobs and the inability to afford their home. I will ask this question once again, when will congress stop dragging their heels and do something.
We have some of the most well educated workers in the nation here in michigan who are unable to find a job. Those of us who would like to create jobs in a new sector cannot secure funding.
If you always do what you've always done then you'll always get what you've already got. We need sweeping change across the board and we need new blood in corporate america. Bailouts don't help if you still have the same people running a company into the ground. The time to act is now.
What is it going to take for people to help everyday citizens out of this hell that corporate america created?

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