THE BIG THREE

THEY ARE CALLED THE BIG THREE AUTOMAKERS. THEY ARE GENERAL MOTORS, CHRYSLER CORPORATION AND THE FORD MOTOR COMPANY. MEMBERS OF THE UNITED STATES CONGRESS WANT TO BAIL, THE BIG THREE AUTO MAKERS, OUT OF THE FISCAL STRAIGHTS, THE CAR COMPANIES FIND THEMSELVES IN.

THE BIG THREE ARE LOOKING FOR TWENTY FIVE BILLION ($25,000,000,000.00)DOLLARS FROM THE SEVEN HUNDRED BILLION ($750,000,000,000.00) DOLLARS THAT COMPRISES THE TOTAL AMOUNT TO BAIL OUT THE FINANCIAL INSTITUTIONS OF THE UNITED STATES (STOCK MARKET, BANKS, MORTGAGE COMPANIES,ETC.).

THE WHITE HOUSE WANTS TO LOAN THE CAR COMPANIES THE TWENTY FIVE BILLION ($25,000,000,000.00) TO THE PREVIOUS PROPOSED IDEA OF THE AUTO MAKERS TO DEVELOP FUEL-EFFICIENT CARS. AND TO TAKE CARE OF MORE IMMEDIATE NEEDS.

SENATOR RICHARD SHELBY OF ALABAMA SAID,"THEY'RE NOT BUILDING THE RIGHT PRODUCTS. THEY'VE GOT GOOD WORKERS BUT I DON'T BELIEVE THEY'VE GOT GOOD MANAGEMENT. THEY DON'T INNOVATE. THEY'RE A DINOSAUR IN A SENSE."

SENATOR JON KYL OF ARIZONA SAID THAT IT WOULD BE A MISTAKE TO USE ANY OF THE WALL STREET RESCUE MONEY TO PROP UP THE AUTOMAKERS BECAUSE A BAILOUT WOULD ONLY POSTPONE THE INDUSTRY'S DEMISE."KYL ALSO SAID, "JUST GIVING THEM $25 BILLION DOESN'T CHANGE ANYTHING, IT JUST PUTS OFF FOR SIX MONTHS OR SO THE DAY OF RECKONING."

THE LEGISLATORS IN FAVOR OF HELPING THE BIG THREE DO NOT SEEM TO HAVE ENOUGH VOTES TO BAILOUT THE AUTOMAKERS. THEY WILL PROBABLY HAVE TO WAIT UNTIL THE NEW PRESIDENT BARACK OBAMA TAKES OFFICE AND THE ADDITION OF THE NEWLY ELECTED DEMOCRATIC LEGISLATORS, THAT WOULD GIVE THE DEMOCRATIC PARTY CONTROL IN BOTH HOUSES (HOUSE OF REPRESENTATIVES AND THE U.S. SENATE.)

DO THE AUTO-MAKERS NEED HELP? YES. DID THE BIG THREE CAUSE THESE PROBLEMS? ABSOLUTELY. THE SENATOR WAS RIGHT WHEN HE SAID THEY WERE DINOSAURS. THE CAR COMPANIES DID NOT BUILD FUEL EFFICIENT CARS, INSTEAD THEY BUILD GAS GUZZLERS. THE CAR COMPANIES SOLD THE AMERICAN PUBLIC ON BIG S UV"s AND BIG PICK UP TRUCKS. SHOULD WE BAIL THEM OUT? WHAT DO YOU THINK?

HOW DOES THIS EFFECT SOUTH EASTERN CONNECTICUT? HOW DOES THIS EFFECT THE MOHEGAN SUN? HOW DOES THIS EFFECT THE REVENUES COMING TO THE MOHEGAN TRIBE? SHOULD THE MOHEGAN GOVERNMENT BE MORE CAREFUL ABOUT WHAT IT IS INVESTING IN? CAN WE AFFORD THE GOVERNMENT COMMUNITY CENTER? WHAT DO YOU THINK?