Tuesday, November 18, 2008

Obama Calls for Aid to U.S. 'Auto Industry'

President-elect Barack Obama said the government needs to provide help to U.S. automakers on condition that management, labor and lenders come up with a plan to make the industry ``sustainable.''

``For the auto industry to completely collapse would be a disaster in this kind of environment -- "
[but the 'industry' isn't insolvent - there's dozens of car manufacturers in the US employing Americans that are solvent - only 3 aren't -- the three with unions...]

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