Big Three Meet With White House Task Force

wsj.com:

Members of President Barack Obama's auto task force met with top procurement executives from General Motors Corp., Ford Motor Co. and Chrysler LLC this week to discuss growing concerns about U.S. car-parts makers.

GM's Bo Andersson, Ford's Tony Brown and Chrysler's Scott Garberding met separately with members of the task force, including a key adviser, Ron Bloom, on Monday, said several people familiar with the meetings. The task force members discussed a range of options with the executives, these people said.

Read the whole story: wsj.com

Comments

[DLBSR]

I have said and continue to say we must restore our manufacturing and producing infrastructure before we will begin to see the light at the end of the tunnel. Our economy is based on the service industry and consumerism, both consumers of wealth not producers of wealth. We must protect the minimal manufacturing base we have remaining and strive to develop more. We must also learn how to produce clean and renewable sources of energy with an eye to becoming a net exporter of energy as opposed to a ravenous importer of energy. We must once again grow all of our agricultural products, once again increasing our exports. We can manufacture everthing we as a country consume, and all of what the world consumes. We can once again become the manufacturers and producers of steel, pre-cast concrete forms, plastics and composite fiberglass structures, piping, glass, etc.. We can begin to EARN OUR WAY OUT OF THIS CRISIS today instead of borrowing our way into oblivion. A perfect example for retaining our existing manufacturing capabilities is the domestic auto industry. We should nationalize the Big Three today and re-structure, re-tool, and consolidate the industry to build the affordable, high quality, green machines of the future. We can build them ourselves for ourselves. To see how go to: http://taxpayercommonsense.blogspot.com and click on the link entitled; Common Sense Plan To Rescue America's Auto Industry. We really can begin to earn our way out of this crisis.