11-02-2008, 07:11 PM
I don't like the term "Uncle Sap" if you are referring to Uncle Sam. I'm really tired of all the denigrating titles and adjectives for people - in or out of my political favor. It isn't civil.....and Uncle SAM is us.
Now, in my reading the car companies want low interest loans. Well, I say the reason they are in this pickle is because they don't sell cars, unions are taking cost to the limit, and they are trying to play "catchup".
I say let Toyota and Honda be it. I don't know if the US auto industry would default on a government loan or if there is any collateral to guarantee the US (taxpayer) would get their money back if the was a loan.
It is touch bu Chrysler was bailed out once before and they are back again.
Now, in my reading the car companies want low interest loans. Well, I say the reason they are in this pickle is because they don't sell cars, unions are taking cost to the limit, and they are trying to play "catchup".
I say let Toyota and Honda be it. I don't know if the US auto industry would default on a government loan or if there is any collateral to guarantee the US (taxpayer) would get their money back if the was a loan.
It is touch bu Chrysler was bailed out once before and they are back again.