Opinion - Letters to the Editor

POSTED: Friday, Nov. 28, 2008

Auto products not as bad as financial ones

Citigroup is about to get a $20 billion financial bailout. The government is already into AIG for close to $150 billion.

Yet not one penny for one of the last sectors of the U.S. economy that actually makes something, automakers. At least not yet.

The "Big 3" are under assault from both Republican and Democratic lawmakers as they are scolded for making lousy products that no one wants to buy.

But I will gladly take the worst Detroit clunker circa 1975 over the best of the recent so called "financial products" from Wall Street. The worst that ever came from a poorly made Oldsmobile is that you might end up stuck on the side of the road. On the other hand, it looks like the Wall Street model has gotten us stuck all the way into the ditch.

Tony Bustamante

Lummi Island