Saturday, February 7, 2009

I was thinking...Oh boy this one is certainly to be troublesome to many readers. Sometime back (you know when) some boys from Detriot "fly" to Washington D.C. to "beg" for some money to keep their factories afloat, so they say. (Or was it to be sure they had enough money to pay them the 7 figure salary they get each year?) Imagine you running to Washington and telling them that you are going to lose your house, your car, your boat, your four-wheeler, etc, and expecting them to even debate the issue. (Oh just hold your lip until I get done.) I have lived in Michigan since 1956 (minus a stint in USAF and 3 years of college). I have watched this industry as it grew and grew and paid the workers more money (Union doings) and increased the pay of the excutives until the price of cars got way beyond the means of many in this state (and lots of other states). To afford a car you now have to get a 5 to 6 years loan, paying twice for something worth less than half of it's sticker value. Oh, my point! Sure I guess it's about time. Just suppose the salary of the excutives (CEO's etc) was a 6 figure number and less than $500,000 a year (with no jet, etc), and that the employees were paid a good wage, you know enough to live on, say, oh I don't know, maybe $15.00 to $20.00 an hour and certain benefits with limitations. (Just hold your horses!) Then let's drop the cost of the overpriced vehicle about $10,000 dollars and make it a product that the foreigner's could not compete with (Sure it's possible they just want the money)! See, when the average family in my area is making less than $22,000.00 a year and they have a house mortage and a family to feed, a $19,000.00 car (worth less than $9,000.00) is going to sit at the dealership and rot! Imagine where they would be if they had put something like this into effect, oh let's say 10 years ago. They would have been selling vehicles thus producing jobs, thus putting money into the coffers, thus keeping the business afloat. Be sure of this, no "loan" from Washington is going to save the auto industry until they make some changes within the companies themselves. Besides where is Washington getting this money? Correct, right out of your back pocket - maybe they should have given you $20,000 to buy a vehicle thus stimulating the economy - oh that was the last post sorry. I was just thinking...

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