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Monday, April 13, 2009

Revitalizing GM

The U.S. Government has to do something about GM and Chrysler. For these two industries to go down, would be a mockery of our capitalist system. I propose that the U.S. Government offer 20% rebates on the MSRP of a purchase of any vehicle from GM, Ford, and Chrysler. In other words, if a consumer buys a GM vehicle with an MSRP of $20,000.00 they would receive a $4,000.00 check from the U.S. Government.

I think this could save the companies aforementioned from collapsing during this treacherous recession. The stakes are too high. This is not favoritism. It is survival.

The Japanese and South Korean governments practically do not allow imported vehicles into their country. This is not globalism. The U.S. is by far the most global Democratic country in the world. We take every other countries goods and there is not reciprocation on their part.

Finally, Toyota had a bad year too. I think the Bank of Japan is loaning them a billion dollars. Just what we should do, in a more creative way to stimulate GM, Ford, and Chrysler sales.

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