 Rep. Gary Peters took issue with John McCain's remarks, saying Chrysler is likely to survive and thrive. (Source: C-Span)
Gary Peters believes Chrysler will survive and thrive
This week, Arizona Senator and former
presidential candidate John McCain delivered some stinging analysis
about his
take on Chrysler's future. He commented, "Anybody
believes that Chrysler is going to survive, I'd like to meet
them."
Now a Michigan Representative, Gary Peters (D.)
has rebuked
Sen. McCain's remarks. In a letter to Sen. McCain, Rep. Peters
writes, "[I] will meet with you at your convenience to discuss
the future of Chrysler and the contribution they make to our nation's
economy. Better yet, I'd be more than happy to bring you to my
district to meet with thousands of Americans who are working hard
every day to design new and exciting vehicles and ensure the
continued future of the American automobile industry."
"Hopefully
then you might choose to be a partner in the continued success of an
industry critically important to our country."
Rep.
Peters also defended the unions, which Sen. McCain had blasted during
his comments on the auto industry. While Sen. McCain took issue
with the union's favorable terms compared to non-unionized labor,
Rep. Peters points out that the unions made significant sacrifices
during the bankruptcy
process.
He states, "Because of the sacrifices
made by the UAW and other key stakeholders, the American automobile
industry is well positioned to emerge from the current economic
crisis stronger and more globally competitive than when we entered
it."
The letter to McCain is concluded with a firm vote
of support for Chrysler, stating, "While no one can predict the
future, I believe that Chrysler has an opportunity to not only
survive in the years to come, but to offer innovative new vehicles
here in the United States and increase export opportunities overseas
for its existing world class products like the iconic Jeep."
Sen.
McCain supported the automotive bailouts under the Bush
administration and his recent 2008 presidential bid. After
losing the election, he has since recanted and become an ardent
critic, particularly of the government's decision to assume a stake
in the struggling automakers. Rep. Peters supported the bailout
bills both under the Bush and Obama administrations.
The
exchange between the national legislators coincides with GM's recent
announcement that it will be repaying
its loans ahead of schedule, including making a $1B USD payment
in December. The loans will be paid out of the funds $43B USD
given to GM by the government for its 60.8 percent stake.
"Young lady, in this house we obey the laws of thermodynamics!" -- Homer Simpson
|
Most Popular ArticlesWindows 8 Dates Leaked, Windows 7 Hits 10 Percent Market Share, IE 8 Now Top Browser February 3, 2010, 9:05 AM Former VP Says Microsoft is "Failing" Despite Windows 7 Profits February 4, 2010, 11:11 AM MIT Creates World's First Computer-Ready Germanium Laser February 5, 2010, 1:20 PM Apple Offers Bounty to Take Yellow IMacs Off UK Owners' Hands February 5, 2010, 10:20 AM Crucial's 6Gbps C300 Hits Stores February 22, Targets Intel February 3, 2010, 12:20 PM
|