Now that the government has decided to bailout GM and Chrysler, and in light of the news that the financial corporations who have already received bailout funds refuse to disclose exactly where the money went and how it was spent, I have made a personal decision.
Some of you may remember that I recently purchased an American-made auto. I had been a Toyota man for much of my life but I decided to go American with the commitment that I would continue to buy American as long as I was happy with the quality of the product. This was their chance to win me over for life.
Well, so much for that.
I am so disgusted with the behavior of our auto industry, in particular the executives and the labor unions, that I have decided to never buy a GM or Chrysler product again. And if Ford accepts federal money I will add them to the list as well. I will be in the market for a new truck soon and it seems that my options have just been narrowed.
And for the record, I bank with a local bank that is not involved in the financial mess. The same goes for my 401k, IRA and other investments. I will remove my money at once if I discover that any of them accept federal money as part of the bailout. I figure since our elected representatives have no interest in the will of the people regarding this matter, then I have no interest in doing business with these agencies. One way or another I'm determined to have my voice heard.
I'm not calling for a boycott. I'm simply documenting the action that one citizen has decided to take against this monstrosity that Congress has decided to shove down our throats.
So be it.