AUTO INDUSTRY: REMOVING THE WEIGHT
November 24, 2008
November 24, 2008
WASHINGTON, Nov. 24 -- Sen. Jon Kyl, R-Ariz., issued the following column:
A swimmer with a 100-pound weight around his neck won't go very far. Even if you help him swim 25 yards, in the end he still is burdened by that 100-pound weight.
That's essentially the situation facing the three largest domestic automobile makers who have asked for $25 billion in taxpayer money to bail them out of financial straits.
Ford, General Motors, and Chrysler . . .
A swimmer with a 100-pound weight around his neck won't go very far. Even if you help him swim 25 yards, in the end he still is burdened by that 100-pound weight.
That's essentially the situation facing the three largest domestic automobile makers who have asked for $25 billion in taxpayer money to bail them out of financial straits.
Ford, General Motors, and Chrysler . . .