Blog Reveiw - Mass Transit

I recently reviewed one of my classmates posts about president Obama's proposal for trains expansion in the US. I agree with the proposal for mass transit here in America, because we are years behind other countries. It would cut down on traffic, such as rush hour times and congestion inside the cities. Trains would lower emissions and save people time and money not having to pay for gas and daily wear and tear on there vehicle. It would free up time getting to and from work and travel delays through cities for big shipment trucks. I feel that this money is worth spending because of the amount of benefits that come from the expansion of trains in America.

Blog:Government
Video on mass transit

Auto Industry Bailout

The amount of money that Americans have seen government loan the auto industries is the largest amount ever. Where is this money coming from? With this countries finances as bad as they are and job lose as high as it is people are not going to be able to afford higher taxes to pay off the loans if the auto makers are not able to. The question you might ask yourself is where are the auto makers going to get the money to pay the loans back? They have said they will be doing total shut down to help cut costs, and employee pay cuts up to 30%. With the economy the way it has been and banks tightening up on loans the auto makers sales numbers shouldn’t be that high. So what are some other ways they might be cutting costs that they aren’t telling. We can only speculate, like cutting cost on material, for example bolt rating and quality of electronic equipment. If these types of cuts are made I bet you will not see it lower the price of the vehicle. Car buyer’s probly wouldn’t see the effects of it right away but over time with amount of repair they may face because of these types of cuts. So if you are in search of a new car right now these things might cross your mind when you do go looking. The auto makers with the most problems or costs that they need to cut would be the ones to look out for. Only time will tell what will happen to the auto makers and the money that the government is giving them to keep from bankruptcy.

Auto bailout
Auto bailout videos