Big Three Update

11/28/2008

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Story Published: Dec 1, 2008 at 12:26 PM EDT

Story Updated: Dec 1, 2008 at 12:26 PM EDT

An update now on the Big 3 Bailout..with out cry from one Michigan lawmaker.

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REP. THADDEUS McCOTTER (R) MICHIGAN
"We understand taxpayer protections are necessary we believe those would be complementary to a viability plan put forward to congress, we also know we shouldn't fly in in corporate jets because that is bad pr, now in fairness to the wall street crowd which has been getting all the money without appearing before congress we do know how hard it is to circumvent the potomac in a pirate ship."

Congressman McCotter says it appears Congress did not know the automakers have been restructuring for a while and will continue to do so.

Monday is your chance to join that caravan from the Motor City to the nation's capitol. But, get ready for a detour.

"The Engine of Democracy.com" is where you can go to show your support for the automotive industry. Representatives of the Big 3 automakers will be among the 51 people who will arrive by car in Washington D.C. December 5th. They will convince members of Congress to approve at least $25 billion in loans to help automakers. Leaders of the Big 3 came underfire when each flew to Washington on seperate corporate jets.

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