The White House says helping automakers through an orderly bankruptcy as one option it is considering for rescuing the American auto industry. This drew sharp criticism from within the industry, which say that this is not a feasible solution. A worker at a Chrysler truck assembly plant that is shutting down for a month, Kevin Chatman, says he doesn’t think the Bush administration is going to anything to help the industry. He fears that the administration will dump the problem on Barrack Obama, and by the time Obama is in office, the auto industry’s problems could be much worse than they already are. The National Automobile Dealers Association and United Autoworkers Union also have expressed their opposition to bankruptcy, and are calling for fourteen billion dollars in emergency aid.
-JB