Thursday, April 16, 2009

Our Auto Industry-Based on An Article By Jeff Green and Serena Saitto

Hopefully most of you are aware of the extreme recession that our country is currently facing. If not there is a good chance that you are unaware of the fact that the great United States of America was the first to the moon. Anyway some of you may or may not know the dire conditions of our automotive industry here in the United States of America. Allow me to fill you in on our current predicament.
First Chrysler and General Motors are in trouble, big trouble. Both of these giant corporations are on the brink of bankruptcy or in Chrysler’s case, closing completely. As we speak both companies are operating off of bailout money from Barrack Hussein Obama. The unpredictable recession that has overcome the world’s economy has had massive effects on the auto industry. Neither of these companies were able to foresee and prepare for this current downfall. Both companies have been forced to make signigant budget cuts. The reason for all this commotion is that car sales are in the toilet. This means that these companies are not getting the operating income that they require. Also, as if the economy was not enough of a challenge for American car companies our (insert sarcasm here) outstanding government has taken one more step toward socialism and created the CAFÉ standards. For those that are unfamiliar with this policy I will give a brief overview. CAFÉ stands for Corporate Average Fuel Economy. CAFÉ standards demand that the average miles per gallon of all a car companies cars sold must be above thirty miles per gallon by the year I graduate (2011). This is causing car companies to spend more money in research and development during a time when money is scarce.
Currently both companies are operating on cash that was given to them under the terms that the companies must be viable in: sixty days for General Motors. thirty for Chrysler. It is key to the survival of our great nation that General Motors survives. If General Motors closes its doors about ten percent of America will instantly be unemployed. Needless to say this would have catastrophic effects on our economy.
Now here’s the part that really gets me angry. The ignorant monkey that America has elected President has taken an extremely socialistic approach to this problem and has essentially taken control of General Motors. Just a few weeks ago our (insert sarcasm here) great friend, Mr. Barrack Hussein Obama, created a master plan to take control of General Motors. How you ask? Our President fabricated a plan from his comfortable free housing in Washington D.C. (now days D.C. stands for District of Communism, not District of Columbia) in which now former General Motors Chief Executive Officer Rick Wagoner would “step down” from his post and be replaced by Mr. Fritz, the former Chief Operating Officer of General Motors.
This is a very critical time in American history and I am very worried that 52% of America has chosen the wrong leadership to lead us through these tough times. Needless to say there will be much change in the near future at your local Chevy, Cadillac, Buick, Pontiac, Saturn, GMC, Saab and Hummer dealerships.

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