US car giants 'laugh at Aussie suckers' - They already got their "australian bailout"!!!

[Hannah Bell]

THE American owners of local Ford and Holden plants will be laughing at the Australian "suckers" who have handed them a $6.2 billion industry assistance package, former car company executives say.

Expressing disappointment yesterday at the latest industry handout, industry veterans said the money would ultimately end up back in Detroit rather than bolstering needy sectors of the local industry.

Former managing director of Mitsubishi Australia Graham Spurling said the car companies would get a "free ride" from the Rudd Government on research and development, The Australian reports.>>

http://www.news.com.au/business/story/0,27753,24639993-462,00.html

Not only do we get paid diddley - everyone has to pay protection money to keep their jobs.

Is this Sicily, or what?

"Nice job ya got dere, wouldn't want anyting ta happen ta it, wouldja?"

[zeemike]

1. I guess it is time for a round of bonus money fro the top execs

To reward them fro their good work.