The Ethanol Papers - Paperturn manuscript - Flipbook - Page 57
If all that GM, Ford, and Chrysler offer in exchange for a $50 billion aid package
is business-as-usual, then they should get the aid from the people that benefit
the most from their gasoline-powered products: the gasoline companies. If I
recall correctly, Exxon/Mobil earned a $40 billion-plus profit this past year, and
that’s just one gasoline company. The combined oil and gasoline companies
could easily provide the aid. Considering that the American people have paid
hundreds of billions of dollars for two wars that have done nothing more than
protect the earnings capabilities of the OPEC members and the gasoline companies, we’ve already done more than our share.