Ford got no bailout; the country is going down
Lodiza LePore says Ford got a bail out. I think she is confusing the line of credit that Ford got from the government, in case GMC, Chrysler, and a couple of Japanese companies went belly up. That is different than what a bailout really is. Ford would need that potentially guaranteed loan to tool up to meet the demands not only by the public, but the government as welI. Lines of credit are not bailouts. Lines of credit (if used) are not paid for by the public.
And if she can tear herself away from her involvement with the Occupy Wall Street crowd, as is stated, if you look her up on the Internet, she might get it right.
If anyone wants evidence that Ford did not take a bailout check the article in Car Domain 4-2-9-10, titled "Ford: No Bailout Translates into Big Profits," or Forbes Magazine’s article, titled, "GUTLESS MANAGEMENT+GREEDY UNIONS+GULLIBLE GOVERNMENT=$50 BILLION BAILOUT COST TO AMERICAN TAXPAYERS."
Then the article starts off by saying, "Ford didn’t need a bailout. Why? Astute Courageous management led by Alan Mulatto."
Anyone interested enough to know the truth can read the rest of these articles for themselves.
But there is other news that one might not have seen. President Obama’s endless line of regulations is strangulating the coal industry in this country. Recently, several coal mines have had to close down for lack of ability to realize a fair profit. This has put 800 coal miners on the street in Virginia, West Virginia, and Kentucky.
It’s a good thing my president is so loved throughout this country, for if he ventures down into the mining towns of West Virginia, or Harlan, Ky., I think he will know that he isn’t speaking to the people at Bennington College.
Why all this bad news? I think America is standing on the banks of the Rubicon. It is sad to see it declining so rapidly. I would like to devote what time I have left to defending our American way of life for as much as I am able, for as long as I can. I think prayer is what we need the most.
LAWRENCE E. HARRINGTON
Bennington Urgent reminder on ‘smart meters’
In May, our Legislature passed a bill (S.214), prohibiting utility companies from charging a $10 monthly fee to customers choosing not to have a wireless smart meter. It’s imperative that Vermonters contact their utility company’s customer service representatives and "opt out" as deployment of wireless smart meters is already underway.
If utilities have already installed a new meter, you can demand its removal and the return of your old analog meter at no charge. Don’t agree to a digital substitute with a "dormant chip."