GOOD MORNING FLINT!
12/10/08
By Terry Bankert
http://goodmorningflint.blogspot.com/
GIVE CONSUMER EACH $5,000 TO BUY AN AMERICAN CAR!
It’s a good thing for the City of Flint to have a representative in Washington DC to lobby for financial assistance to General Motors. It is appropriate that the city admistrator was the one selected. How can we not be proud that our city administrator was interviewed on CNN.
Good job Mr. Buchannan. Flint City Administrator Darryl Buchanan was part of the Mayors Automotive Coalition, which met with legislators to push for the $15-billion aid package and held a news conference last Tuesday to push for aid for the automakers.
I heard that Buchanan on C-SPAN's "Washington Journal" Tuesday where he talked about Mayor Don Williamson's 2006 "Save All of America" plan, which would give vouchers to Americans to help buy new cars. An article in the Flint Journal stated "People were calling in from around the country and asking questions," he said.
Buchanan was talking about Williamson recommendation for government to give a $5,000 voucher toward the purchase of a new car for every household where a registered voter lives. Buchanan said if the loan is not extended to the automakers, millions of jobs, billions in wages and property taxes would be lost across the country.
Its good economic theory that if you give money to the consumers to only buy American cars it will help the economy faster and better that filtering it through a federal bureaucracy and General Motors Corporate structure. It would sell cars faster and put people to work quicker. Good ideas are always appreciated.
Mr. Buchanan should consider reporting to the community the impact his trip had and his thought about our economic situation.
Posted here by
Terry Bankert
http://attorneybankert.com/
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