Bond, early fan of bailout, cheers auto rescue plan
Bond
U.S. Sen. Kit Bond, one of the early Republican supporters of the push to bailout Detroit’s auto companies, cheered Washington’s approval of more than $17 billion for the struggling industry.
“Today’s action is important news for the millions of hard-working American workers and families dependent on the auto industry who are worried about getting pink slips right before Christmas,” Bond said in statement. “Taxpayers can rest assured that as a condition for receiving these loans auto companies must fundamentally restructure their operations to become competitive and profitable again.”
Bond, along with Ohio Republican George Voinovich, tried unsuccessfully to push an earlier rescue plan in the Senate that would have tied emergency funding to certain cost controls.
The Truth “If you want the American consumer to buy American, give them an equal product, of equal quality, for a competitive price. -The Big 3 have failed to do that. -In 1999, I ordered a 2000 Dodge Durango. By using my connections, my vehicle was selected to be the subject of an internal audit. Guess what!! Even though it passed; they put the wrong lubricant in my limited-slip differential, and the metallic part of my front bumper started to rust (the only place on the vehicle to do so). When I paid to get my bumper repainted, the body shop noted that my bumper had been painted numerous times, in other colors, before it was put on my vehicle. It only rusts on the ends. Why? Most likely because it sat outside in the salt used to clear the parking lot of the New Jersey plant. The salt leached into the metal. -When Dodge was asked about it, they played dumb. -Now I’ve got to replace the bumper due to their QA failure.”
Your Durango was not made in New Jersey it was made at Newark assembley Delaware. You seem like an intelligent man, how long would your durango have had to sit on the parking lot for the salt to “leach into the metal”?
From the Detroit Free Press “Myth No. 2: They build unreliable junk.
Reality: The creaky, leaky vehicles of the 1980s and ’90s are long gone. Consumer Reports recently found that “Ford’s reliability is now on par with good Japanese automakers.”
The independent J.D. Power Initial Quality Study scored Buick, Cadillac, Chevrolet, Ford, GMC, Mercury, Pontiac and Lincoln brands’ overall quality as high as or higher than that of Acura, Audi, BMW, Honda, Nissan, Scion, Volkswagen and Volvo.
J.D. Power rated the Chevrolet Malibu the highest-quality midsize sedan. Both the Malibu and Ford Fusion scored better than the Honda Accord and Toyota Camry.”