>>>>Bear in mind that one of the reasons for assembling vehicles in the US is that politically it would be a problem if all those vehicles where imported.
>>>
>>>True. Now the old stigma against foreign built cars is all but gone. In fact many states, particularly southern ones, enthusiastically lobby foreign carmakers to open plants.
>>>
>>>One interesting aspect of all this is that some of the same senators (McConnell of Kentucky, Shelby of Alabama among others) who have opposed the bailout of Detroit were all for subsidies and tax breaks to foreign companies to build in their states.
>>
>>Very ingenious, Mike. However, you miss that nobody opposed Michigan state picking the tab, e.g. through tax breaks similar to Alabama/Kentucky; and, at the same time, nobody proposed bailout for Toyota or Honda, or even Fed tax breaks to them.
>
>I wasn't criticizing the senators. Their objective has been to bring jobs and (future) tax revenue to their states, which is certainly serving their constituents. It's just that when you take it up a level to the national level, they are helping foreign carmakers and not domestic ones.
>
>Of course the whole issue of whether an auto bailout is a good idea is much more complicated than this.

Analyse this ;0)
http://www.ajc.com/business/content/business/stories/2009/01/08/flynt_porn_bailout.html