PostHeaderIcon Auto Bailout V.s the Alternative

Toronto – We can all debate the merits of a government bailout for the Big Three Automakers until we are blue in the face, but what we sometimes fail to see are the facts that surround that debate. Whether we like it or not, our opinions are largely based on water cooler banter and conflicting news reports from multiple news agencies pushing their agendas and leading us to ignore some of the deeper, true meanings behind the debate. I will ask you to push aside any bias you may have against American made new & used cars and take a look at those facts and try and come to a conclusion based reason and fact.

Fact: We are no longer driving our fathers used cars.

· The big three have made great strides towards producing cleaner, greener and more fuel efficient vehicles in the last 15 years and are continuing to invest in environmental technologies for our new and used cars.

· Used cars that are made in America and Canada, provide hundreds of thousands jobs in the auto trader market today.

Fact: The U.S. congress has the greatest deficit in history.

· They continue to hold the auto maker’s feet over the fire while they bailout companies such as AIG to the tune of 150 billion.

· These are the same companies that are responsible for the worldwide economic crisis and the automakers can’t get 25 billion “Loan”.

· The new and used cars from an auto trader are responsible for millions of dollars being pumped into our economy. Can AIG or any of the others say the same?

Fact: The job tree starts with manufacturing and the Auto Industry

· Every 1 job in the auto industry supports 7.5 more jobs in supporting industries

Fact: The auto industry should be found guilty.

· Guilty of paying decent wages and benefits to its members

· Guilty of employing millions of Canadians and Americans while other companies are outsourcing all their jobs overseas

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