By Eric BollingCo-Host, "Happy Hour," FOX Business Network/Host, "The Strategy Room," FOXNews.com
I have written extensively here about auto bailouts and my distaste
for spending hard earned taxpayer money on what are no more than fledgling pension funds disguised as a car companies. I have suggested that we cut the life support for the failed business plans in Detroit. Why? Because it's like infusing precious blood into a body that is bleeding profusely. A good doc will stop the bleeding before blowing through the blood bank's blood supply. I even offered to buy a vehicle from any or all three Detroit car manufacturers if they avoided taking taxpayer money. GM and Chrysler failed miserably on that front while Ford remains a stand out. I will buy a Ford F-150 this summer if they don't take government money. I am looking forward to a shiny new Ford proudly parked on my driveway. Since Washington seems to be interested in providing more of our (blood) money, I suggest WE re-name the cars coming off the assembly lines. Here are some names that my twitter.com/ericbolling
followers and I came up with:
GM Hummer= GM "Bummer"Editor's note: To read Eric's complete post on his "Street Meat" blog, click here.
Eric Bolling currently serves as co-host of Fox News Channel's "The Five" (weekdays 5-6PM/ET). He also serves as the host of "Cashin' In" (Saturdays 11:30AM-12PM/ET), an analysis program on FNC's weekend business block, "The Cost of Freedom." Bolling joined the network in 2008. Click here for more information on Eric Bolling.