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American Automakers Bailout? GET REAL!
Almost one out of every ten jobs in the United States is related to the auto industry. That is a staggering statistic! As of this week, the American Auto Industry CEO's from The Big 3 (GM, Chrysler, Ford) are threatening that if a bailout for their failing corporations is not granted, the country will likely fall into another Depression era. I cannot begin to express how angered I am over this situation, because NOBODY has really spoken about the core issue: what are the true and absolute reasons the American Automakers are in need of being bailed out?! The true and absolute reason can be summed up in one short phrase: decades of greed have lead to shortsighted decisions and actions for which they are now facing consequences. We sho ...
U.S. Auto Industry Interim Recovery
The outset that the point is: why give the "recovery" marked with quotation marks, because from the present observations, General Motors, Ford and Chrysler this past US