Detroit Calling Washington for Help Again: Both candidates for president are actively suggesting that they will lend a helping hand to Detroit-- from something less than a "classic bailout" to a fed investment of $150 B in green technology ideas. One candidate has suggested "some bridges" to help produce flex fuel vehicles and the other would make R&D tax credits permenant and keep the fed subsidies flowing to have midwest farmers produce more corn for ethanol.
GM officials who attended the sessions and panels held by the two candidates seemed "encouraged", welcomed a national debate on a solution, and talked about how GM and the Detroit manufacturers were engaged in a technology race with foriegn based rivals.
At this time, it does not look like Detroit can expect or will receive much relief from Washington, Congress, or the American consumer who is struggling to fill gas tanks each week. Meantime, we keep hearing a lot of talk about gaining a "level playing field" rather resolve to take action by getting on the market "field" with vehicles, solutions, and leadership that will provide the solutions to the problems Detroit brought on themselves and will NOT be solved in Washington --no matter who is the next president.
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