Obama: Congress right in sending Detroit 3 back empty-handed
http://www.freep.com/article/20081124/BUSINESS01/81124033This is how I wish the auto industry CEO's had responded to the Congress and President-Elect..
Feds: "So we won't approve a loan until you can show us a plan and agree to produce cars we think you should sell.."
Auto Industry: "Now Citigroup and AIG have already received over $50 Billion in GRANTS, not loans, and are getting more as we speak, is that right?"
Feds: "That's right."
Auto Industry: "So why on earth would we consider accepting anything other than what they got?"
Feds: "Because we don't like you. You and your gas guzzling old industry Midwestern dinosaurs and corrupt greedy unions. You come out here to Washington D.C. and pollute this nice clean place. Oh we'll do business with you but we despise you. None of us would drive an American vehicle if we didn't need the votes from your simple minded workers. Now don't talk to us again. When you decide on your answer, contact Axelrod or Waxman."
Auto Industry: "You can have my answer now if you like."
Feds: "Yes?"
Auto Industry: "My answer is this. No. We will take the same bailout you're giving to Citigroup and AIG. And no on the "business plan" either, which I would appreciate if you personally created for us."