Bush and Congress Democrats come close to legislating an auto bailout deal for the American people. I truly feel that the auto industry has been guided by incompetent CEOs who cannot and would not prioritize the production of energy efficient cars on their agenda. Now that Ford, GM and Chrysler all need a bailout from the taxpaying dollars of the American people.
However, I strongly believe that after the auto bailout, the American auto industry will emerge stronger than before. Hopefully, then, will these American auto companies be guided by competent leadership.
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