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***PRESS STATEMENT*** Rohrabacher Statement on Detroit Automakers Bailout

Dec 10, 2008
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Washington, Dec 10, 2008 - Congressman Dana Rohrabacher (CA-46) has issued the following statement regarding his opposition to the legislation authorizing $14 billion to bailout Detroit automakers:

“I do not think the auto industry deserves to be bailed out anymore than any other industry. There are many small businesses going bankrupt in our country that have made fewer bad business decisions than our big auto manufacturers and no one is bailing them out. Again, if something is too big to fail, it’s too big. The automobile manufacturers and unions have made poor decisions that have prevented them from being internationally competitive, therefore, I do not think they deserve special treatment. They are responsible for the consequences of their own actions in a tough economy, not the American taxpayer.”

 

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