Wednesday, December 03, 2008

Auto Bailout

First: Happy Late Eat Lots of Turkey Day.

Second:

I'm disappointed by the automaker bailout for the big three. I understand, they are trying to save jobs for the people that will lose them if the plants close. But as an industry, to say the automakers didn't see this coming is ridiculous. The technology to build greener, and more fuel-efficient cars isn't new technology. This is stuff that has been worked on for the last (at least) 20 years.

As Americans, we've been so consumed by the oil industry (thanks to politicians who are funded or own stakes in oil companies) that maybe they honestly didn't see this coming but I find that incredibly hard to believe.

I think some of the workers who possibly may lose their jobs should look into applying at Toyota. While the big three companies have been expanding overseas, Toyota did the opposite and opened plants here. And if someone wants to get into that "Buy American" argument, look no further than Chevy, Ford or GM. American made? Nope. Toyota is just as much American as those companies. I'm all for creating more jobs here in the states.

Hopefully the Obama administration keeps good on promises to create green-energy fueled jobs.

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