World-News

The shrinkage of General Motors and Chrysler's dealer networks is putting more than 100,000 jobs in doubt at car yards in towns and cities across America

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From Information Clearing House

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Auto bailout blues: Spin, lies and layoffs

The Nation
by John Nichols

05/16/09

The madness of the approach adopted by the Johnson and Nixon administrations to war in Vietnam was summed up by the American major who said after the destruction of the Vietnamese village of Ben Tre: ‘It became necessary to destroy the village in order to save it.’ The madness of the approach adopted by the Bush and Obama administrations to the renewal of the American auto industry has been summed up by the Treasury Department’s latest statement on the ‘restructurings’ of the Chrysler and General Motors automotive companies. … It may be true that the tens of billions in federal tax dollars that are being pumped into Chrysler and General Motors will save the names of these companies. But the auto-industry ‘restructuring’ is not saving auto plants that have been targeted for closing, tens of thousands of auto workers who face layoffs, auto dealers who are being ‘consolidated’ out of business and perhaps 100,000 service and repair employees who are soon to be jobless...

http://www.thenation.com/blogs/thebeat/436597


Informant: Thomas L. Knapp



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