HowardAuto Already Gone
Real Crash- Looking at the Financial System and the War Drive:
Eagles- All ready gone, auto industry
Well I heard some Senators talking just the other day;
And they said they want to save the Gm and Ford;
That they all have been eaten by some British Lord;
Cause they're all ready gone;
US Auto ain't no more;
Could have saved them 2006 or 2004;
They're no more.
(All Ready Gone, Eagles Spoof Song)
Yes, the US Auto industry is totally dead meat. It could have been saved the latest in 2006. After that, so many plants were closed, there is nothing left. Plus if GM, etc. are retooled to expensive green hybrid cars, no one (virtually) will buy them. It works if you want a US Auto industry selling 5 million cars a year, not 16 million. It's not worth it. European auto producers (link) are blowing out too. Remember, globalization does not work anymore, if it ever did.
What would work, is if the US Govt issues $700 billion in credit for Infrastructure, bridges, railroads, repairs, etc, and also has protectionist provisions to create the supplier industry in America. There would be international agreements with Russia, China, India, Brazil, etc. Currency trading will be banned, except for real goods purchases. Currencies will have stable parities. This is the credit system of Lyndon LaRouche and the American system.
Most of the Auto plants, now mothballed if they still exist, will have to be converted to supplying the new vendors of infrastructure. And yes, they can make a few hybrid greenie cars, to keep the nature worshippers happy.
LaRouche is talking to top people in the institution of the Presidency. President-Elect Obama will have to go along, if he wants to survive politically, and for the nation to survive.
