Be in the mess were in right now. Thank you. Host ralphs comments from north carolina. Twitter australia is losing its own Auto Industry. Projections show 2016 will be the end of. . Hat do we know guest the Australian Government has been giving subsidies to the companies to keep them in and gmia and with ford announcing they are going to withdraw production, it goes to the idea that auto production has been part of national pride. There are other intangibles beyond the direct jobs created. The country has been trying to keep production, but it is not like it will be successful. T from boring file clerk why can we not just invent Something Better than the conventional car. This is old technology. Can you talk about new technology you will look for this week . The car, the engine, is basically the same technology that was introduced 150 years ago. It has certainly gotten lighter, and we are going further. Fuelcell vehicles, those running on Hydrogen Fuel cells, we will see that, plug in
Of the washington auto show, which we will take you to now. Here at the forward section of the washington auto show with lee, the group vice governmentf relations. Our interaction with governments and communities where we do business around the world. Times. Tax reform is another issue, but most important is trade policy. We are the number one exporting the number one exporting sector in the United States. Trade agreements have worked for us, and there are those trade agreements that have not worked for us. The Biggest Issue is currency manipulation. There we stand with the majority of congress, house and senate, to get some kind of currency discipline inside trade agreements. What currency discipline means is trying to figure out a way to stop subsidizing foreign product. You would sayhink fuel mileage standards would be a concern. Havingvery important in a good roadmap, and we are pleased with working with the administration on a roadmap that takes us through the next couple of years
Quickly as possible. However, during the 2012 campaign, governor romney made an issue of the gm potential losses, the 10 billion figure. The administration opted not to sell. The rest of the shares during the campaign. There was a concern about the ,mpact on the 10 billion loss sort of the overall assessment of the bailout. The reality is it would have taken me years, potentially ever , to get to that level. Canada has elected not to sell its shares. Talking to David Shepardson, the Washington Bureau chief of the detroit news. You can call in. We will also look for your tweets and emails as well. For is waiting on our line republicans in silver spring, maryland. Caller since detroit has a large muslim tabulation that has population, there is Scientific Evidence proving Tower Building seven was brought down with pre planted explosives. Host we will hold off on 9 11 calls. We will stick to the Auto Industry. Caller why are you afraid to talk about building 7 . Host not afraid to talk abo
The bailout was worth it for the country. As we take you through arguments on both sides, we want to hear from you and our phone lines are open. Democrats can call 202 5853880. Republicans, 202 5853881. Ndependents, 202 5853882 you can catch up with our social media pages on facebook and journal cr email at spanwj. We will take you live to the floor of the washington auto show. The auto bailout issue, something Vice President joe biden talked about last week when he was at a Detroit Auto Show. A quote from Vice President biden we bet on american ingenuity, we bet on you, and we won. His visit to the show follows the u. S. Treasury sale last month of its remaining stake in General Motors. The exit ended the socalled government motor zero that sllowed the u. S. Government 50 billion bailout and reorganization of that company. The vehicles on display reflect the sacrifices made during the industrys restructuring during the session. The story goes on to note what a difference five years ma
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