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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: geode00 who wrote (147215)11/14/2008 1:16:48 PM
From: Lizzie Tudor1 Recommendation  Read Replies (1) of 173976
 
sadly I have to support most of these bailouts because I think the alternative of all these companies going under is worse than the disease. We would probably be sort of ok fiscally if we could shut down iraq asap.

Detroit is a special case though. Detroit has lobbied against cafe standards and fuel efficiency mandates for years and blocked progress on what govt wants. Detroit created the whole light truck category to avoid cafe standards years ago. As opposed to Toyota which actually tries to INNOVATE their way around cafe standards. Detroit then lobbied the bush admin against the Cafe standards this year that Calfornia initiated and 16 other states signed up for, that turned the EPA into basically a detroit lobby engine. This can't go on, this lame industry is blocking progress the people want. The existing bailout had terms that GM needed to adhere to cafe standards but apparently detroit never thought they'd *really* have to do it. That industry is a pox on the system.
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