Wednesday, November 19, 2008

Cry for More Pork Spending For the Auto Industry

The Auto Industry has been in financial trouble for years now and still they refuse to change in order to survive. Any bailout of this industry should come with major strings attached. I don’t disagree that something should be done to protect the jobs of auto workers but our government should put a stop to the lavish lifestyles of Auto Industry CEO’s. The Auto Industry should be forced by our government to retool their old plants to produce only fuel saving vehicles and renewable energy vehicles. No more SUVs should be produced by those companies that need a bailout. CEO’s should be forced to get rid of private planes and lobbyists. They should also not be paid either in salaries or bounces no more than 150% of what the lowest paid individuals in the plant earns on a yearly base. I know this will be painful for this industry but if they want taxpayer’s funds then they have to start living by our rules. When you come to the government hat in hand to ask for a bailout it should be painful so that people understand that the government is not seen as a first resource but only the last.

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