I noticed today that Obama passed a bill that will force the auto industry to significantly lower emissions. While I'm not a "tree hugger," I'm not opposed to the idea of better emissions, BUT could the timing be worse.
Let's do the math...
Big Three are losing tons of money each year.
The Government provides a bail out package to help two of the Big Three stay in business.
The Government passes a law that creates additional restrictions
The Big Three save money by increasing development costs?