Congress finds a drive through for auto firms


Although the Republican contingent in the Senate figures to shrink, it is still sized at its 110th Congress level, and Democrats have been unable to slip a significant chunk of change out of the $700B general financial bailout fund to aid automobile companies. However, Minority Leader Mitch McConnell (R-KY) found a compromise. Under its terms, $25B already approved for the development of fuel-efficient vehicles will be diverted to get past the current crisis. Certain elements favored by Democrats will be worked into the bill, which will likely be considered in December.

RBR/TVBR observation: Suggested amendment: Each automaker will allocate a significant portion of its emergency funding to broadcast advertisements for the purpose of enhancing product sales and cash flow.