The only option left for the U.S. is to do a reverse secession of Michigan (a bigger entity ditching a smaller unit) because the old U.S. auto industry, by which we mean GM, Ford and Chrysler, is well and truly screwed.
We don’t know why President Obama is throwing more bailout money into the Auto sinkhole.
Very much doubt anything is going to come out of this other than flushing more $$ down the toilet.
Look at the dismal March sales numbers for the U.S. auto industry:
Maybe, instead of New Mexico we can use Michigan as a nuclear waste dump for all the spent nuclear fuel.
And the Tata Nano is not even here.
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