Monday, March 30, 2009
Obama Issues Ultimatum to Struggling Automakers
The article Obama Issues Ultimatum to Struggling Automakers doesn't shock me at all. President Obama has another speech about how he's going to help our economy's depth, only this time is about out the Automobile industry failing to meet their goals for the "people". Obama says "And so today, I am announcing that my administration will offer G.M. and Chrysler a limited period of time to work with creditors, unions and other stakeholders to fundamentally restructure in a way that would justify an investment of additional tax dollars; a period during which they must produce plans that would give the American people confidence in their long-term prospects for success. " Sounds great for the industries, but is a good thing for people like us who live in a small town. And will he actually do as he says. Many things he says he doesn't do. Like how in his speech before he was elected president he said he would pull the troops out. How is this when i know many people my self, who are getting shipped of to counties. Its a very good article, but when you read the ending it says the article written by the New York Times "Mr. Obama is well aware that he cannot afford to give the appearance of using tax dollars to reward executives who have done a poor job, and he began signaling as early as last week that he would take a tough stance with the automakers." which means he's bailing on us like usual. Nothing is really shocks me about this. Although I did not vote at all, I'm still a U.S Citizen. And I can see what the economy is doing in just a small town, such as tax's on everything. Cigarettes. Alcohol. How gas prices are starting to go back up. There are so many thing the government has and knows that we have know idea about. Such as how the guy in the 70's knew the cure for cancer, told the government, then he disapeared. Or like the guy who knew how to concerve gas prices, and they also shut him down. Why because cancer keeps the population down and they make billions of the products. It doesn't take a jealous to figure whats happening.
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Great article, but very negative. I don't think that Obama would be in the position that he is in if he wasn't qualified. Just give it time! Things cannot change over night. For everything that is needed for survival I think will go down, but tobacco, alcohol are not necessities. Give him a chance!
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