Posted by
Nerdus Maximus on Monday, February 23, 2009 12:07:38 PM
I think the advice from the team that President Obama has assembled to guide the U.S. auto industry back to health will be to use the Federal bail out money and their union pension funds to buy stock in Honda, Toyota and Nissan.
The Detroit News uncovered some interesting things about the members of the team. Only two of the eighteen people currently slated to be on the committee (eight primaries and their top assistants), own a vehicle from an American manufacturer. One of those is a Harley. Two just happens to be the same number as those who don't own a vehicle at all. Yes, the members of the team that is going to guide Detroit back to prosperity are equally likely to own no vehicle at all as they are to own one from a Detroit manufacturer. The majority have a history of owning vehicles from foreign manufacturers.
At least we know that they have an understanding of why people would not buy from Detroit!