True environmental responsibility would be to PUNISH the Formerly Big Three for more than two decades of willful antienvironmentalism, rather than give them a bunch of subsidized interest loans as a reward for egregious behavior.
And, the AP story is kind of disingenuous, saying the Japanese Big Three of Toyota, Honda and Nissan didn’t lobby for this.
Of course not. Even thought all three have American plants, they knew that in one way or another, they would be squeezed out.
Proof? The legislation is targeted at plants more than 20 years old.
So, the Formerly Big Three will get subsidized loans to upgrade AND then take tax writeoffs for it.
So, if you’re an environmentalist, stop buying GM/Ford/Chrysler vehicles.
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