Saturday, February 21, 2009

Michigan Mayor screws right up Fox anchor's arse over issues with Detroit



There has been a lot undergoing Detroit, of course we've all heard the commotions from the public on bombarding the Not so Big Three over a couple of billions where the US Federal Government had promised to help; however there are many who screams double standard over why the Federal Government could just pick up a pen and sign on a $700 Billion TARP fund for Wall Street bank and finance institutions, where they then scrutinize on the automakers whilst squeezing out just a few billion. Here's Michigan's mayor interviewed by Fox News anchor, and getting steamed up like 1 second after the first question was asked.

Again, I would like to state my point of view, there's a fundamental difference here, the financial institutions screwed up their investments and lost most of it, but they still have millions of customers and financial products that the entire America relied on to function; whereas the Detroit 3 were screwed up by not only Americans buying more and more import makes, but they have huge implications with UAW's contracts. If the Big Three fails, it'll simply open up markets for foreign car makers to open up more factories in the United States and hire up those workers that previously worked for the Big Three.

So if you serve lousy hotdogs, do you ask for the federal government to bail you out so that other hotdog stalls cant occupy your corner?