Why can't the oil companies bail out Chrysler, GM and Ford?
They just went through four years of obscene profits, largely thanks to their friends in Detroit who seriously dialed back fuel efficiency standards across the board, not to mention selling millions of enormous gas guzzlers.
Their profits from the last quarter alone would more than cover what the Big Three have been asking for. So let the oil companies extend them an interest-free loan. Do it for the good of America. Hell, do it for their own good. Because if the American car companies go belly up, it's going to impact Big Oil's bottom line. Big time.
They just went through four years of obscene profits, largely thanks to their friends in Detroit who seriously dialed back fuel efficiency standards across the board, not to mention selling millions of enormous gas guzzlers.
Their profits from the last quarter alone would more than cover what the Big Three have been asking for. So let the oil companies extend them an interest-free loan. Do it for the good of America. Hell, do it for their own good. Because if the American car companies go belly up, it's going to impact Big Oil's bottom line. Big time.
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