Rescue the Big Three Automakers
Looks like the oil industry has record profits in the billions.
(We’re talking several hundred BILLION dollars!)
The big three auto makers, Ford, Chrysler, and General Motors, are asking congress for a bailout.
Hey, I’m no genius, but why don’t we make the windfall profits taxes on the oil companies come out to about $25 billion and give THAT money to the auto industry? Certainly the two cannot live without each other, and certainly the oil companies can afford it.