Bailout Watch 256: CBS Attacks American Auto Industry
December 5th, 2008 12:18 PM Share
Dear oh dear. Now that The Big 2.8 have slashed their advertising budgets, now that the Congress has their CEOs in their sights, the MSM news nets have grown a pair. In today’s House action (Eddy’s on the bridge), a few pols have poked and prodded Detroit’s opposition to state emissions laws and federal corporate average fuel economy (CAFE) standards. But it’s nothing compared to this slam at Motown’s lobbying efforts. “Nobody is placing bets on whether Congress will end up giving the car companies a bailout. But if investments in Washington politicians count as leverage, then the auto industry has plenty of clout.” Iron fist in a velvet glove? The times they are a changin’.
Published December 5th, 2008 12:17 PM
Join the conversation
4 of 10 comments
My favorite from todays hearings goes to Ron Gettelfinger for his unending wisdom. "People wont buy a vehicle from a company going bankrupt." Hey Ron, people didnt buy your vehicles before. Thats WHY you're discussing bankruptcy. Nimrod.
The vehicles mentioned below may not be Best-In-Class but I wouldn't say any of them 'Suck'...these seem pretty competent. Malibu doesn't Suck. Saturn Aura doesn't Suck. Saab 9-3 and 9-5 don't Suck. Opel Insignia for 2009 doesn't Suck..You said GM, you didn't say GMNA...it's STILL a GM vehicle. Cadillac CTS doesn't Suck. (Even Top-Gear likes the V-version and they're very critical) Pontiac G8 doesn't Suck. Drive it...then go drive an Accord-Camry-Sonata bland-mobile for about the same price-especially with current incentives. The new Buick Invicta will probably not Suck. FS-Trucks Don't Suck. FS-SUVs don't Suck. Traverse-Acadia-Outlook-Enclave don't Suck. Corvette doesn't Suck. ZR1 is far from Sucking. Camaro doesn't Suck. Yes I've driven it-No I don't work at GM.
njoneer, As long as it's legal, the people of Alabama are perfectly free to throw money away to attract jobs. Michigan could also bail out Detroit. There really is not so much hypocricy here. I would like ALL these subsidies to have to be federal, or better yet, illegal. As for Ron G and his promises of concessions, let's see them in writing, and then we will discuss whether they are worthy.
Stu Sidoti Heh heh, that was gonna be the thrust of my ad campaign when I worked for ATT. " Hi, we're ATT, we dont suck as bad as the competition" Instead, they gave me the axe back in '04