Mar 18, 2009

Auto parts get $5 Billion while Electric Vehicles only get $2.4 Billion

Hard to read in the same day that we are bailing out the "AutoParts suppliers" for over $5 BILLION dollars and only investing $2.4 in the future of electric vehicles.
 
When we end up paying $100 Billion to the auto manufactures was that not based on the 'trickle down effect' that it would stimulate suppliers?
 
Furthermore the $2.4 Billion for electric vehicles is NOT a bailout. It is a 'shared cost investment' that is competitively awarded.
 

Are we serious about this? Read it again and tell it sink in... seriously.