American Auto Companies Ask For $25 billion Government Handout · Aug 26, 07:00 AM
After years of exploiting a government loophole meant to not penalize automakers for making big, powerful and not-so-fuel-efficient trucks for folks who found these kinds of vehicles necessary in their work—which allowed them to produce millions of those fine, low-tech by regulation gas hogs called SUVs—the car companies now want the government to finance their re-tooling to start making reasonable automobiles once again, to the tune of 25 billion greenbacks.
Wow. That’s nice.
And just think, both presidential candidates support this handout.
Read it and weep all you free-marketers and loony libs: We’re about to lend $25 billion to Ford, Chrysler and General Motors, but not a penny more to Amtrak
— Guido Veloce
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