Article: Open Letter to Congressional Leadership on Automakers Bailout by Ralph Nader

The presidential campaign of Ralph Nader issued the following news release:

Open letter to Speaker of the House Nancy Pelosi, House Republican Leader John Boehner, Senate Majority Leader Harry Reid, and Senate Minority Leader Mitch McConnell

Dear Leaders,

Once again, self-styled big corporate capitalists are all over Congress in the form of General Motors, Ford Motor Company and Chrysler for a $25 to $50 billion subsidized interest loan to ostensibly retool their plants in order to produce more fuel efficient vehicles. The stampede is on. Deciding just before your adjournment provides the rationale for panic legislation without due deliberations, without even having public Congressional ...

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