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freeSpeach
03-01-2009, 07:58 PM
Why isn"t the oil industry bailing out the auto sector? End of Suburbia: Who Killed the Electric Car?

Importance of The Big Three

SGeneral Motors, Ford and Chrysler weren't labelled the Big Three just because they produced the most vehicles in North America. As giant employers, they had big influence, energizing entire economies with their big union wages and benefits packages. As giant manufacturers, they created style. Status was instantly signalled by black Lincolns and pink Corvettes. Seatbelts, reduced vehicle emissions and electric cars had to wait until the carmakers were good and ready. As giant political contributors, they had big power. The L.A. Times recently calculated that since 1990, the auto industry as a whole has donated $100 million US to Republicans and $34 million to Democrats.

This would explain why, on Thursday, US President Barack Obama stated that:
http://terrorcell.blogspot.com/2009/03/why-isn-oil-industry-bailing-out-auto.html