United States auto industry to press Congress for $50B in loans

I had to stop and re-read this article to get my bearings.

What a con job! $50b in low-interest loans for fast-tracking a product that they will benefit from?
It's not like they've got so many other viable and attractive products that is keeping them occupied. I guess they'll get it thanks to the employment situation... I can't imagine Congress wanting to appear to have anything to do with more layoffs, especially blue collar workers.

I'm thinking that, with all the government bail-outs and bank fire-sales (think Merrill Lynch) going on right now, I should be talking to my boss in billions, rather than thousands in my next performance and compensation review? Perhaps I can use the same argument Detroit tried... "It'll accelerate my future deliverables"...

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posted by Lee Gale @ 10:44 PM,


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