Friday, July 23, 2010

If Congress caused the oil price crisis, shouldn't they bail out Cleveland and Detroit?

hypothesis -- Congress caused the energy crisis [oil price crisis] by denying Americans the right to produce significant added volumes of energy here at home while encouraging the economy to continue growing and thus using ever more energy.





Since the reaction to this artificial crisis has been the recent $4 gasoline and then the government's edict that all cars must raise their fuel economy by huge amounts in a few years, shouldn't the government that caused all this be obligated to buy up and housing and business messes they caused in Cleveland and Detroit?





what are your thoughts?If Congress caused the oil price crisis, shouldn't they bail out Cleveland and Detroit?
The American automobile manufacturers have only themselves to blame for their present financial situation. They're more interested in selling Station Wagons on Steroids (SUVs) and cars that only last for three to five years than they are about making a dependable vehicle that's good on gas. That's what the Japanese have been doing since they first got to the US. Now, few want to buy a gas guzzler. And they have no one to blame but themselves for the mess they're in.





If Congress caused the oil price crisis, shouldn't they bail out Cleveland and Detroit?
The American automobile manufacturers have only themselves to blame for their present financial situation. They're more interested in selling Station Wagons on Steroids (SUVs) and cars that only last for three to five years than they are about making a dependable vehicle that's good on gas. That's what the Japanese have been doing since they first got to the US. Now, few want to buy a gas guzzler. And they have no one to blame but themselves for the mess they're in.


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