Friday, October 10, 2008

Guess we can blame this on the democratic majorities in congress

Reporting on the state of the US auto industry, the UK's Guardian notes that:

Since 2006, Detroit's three major manufacturers have cut more than 100,000 jobs, hitting hard in the so-called "rust belt" of manufacturing across Michigan, Indiana and Ohio in America's midwest. Ford has mortgaged most of its assets to raise money, including its blue oval logo.