Monday, January 5, 2009

Let Big Oil pay for auto bailout

Ruben P. Hernandez of San Diego sent this suggestion to the San Diego Union Tribune:

Let Big Oil pay for auto bailout
January 5, 2009

In 1908, Henry Ford introduced the Model T, which got 25 miles to the gallon. Today, Ford makes an SUV that manages about 16 miles to the gallon. As a result, oil companies have made an outrageous amount of profits for 100 years. Instead of having the same chumps (taxpayers) bail them out, let the oil companies bail out the auto industry.

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