Monday, November 24, 2008

The Big Three/National Security Risk Myth

From Defense Tech:

There's been a lot of talk about the impending collapse of "the big three" automakers over the last two weeks -- of course, what people really are talking about is GM...but panic sells better, right?

One angle we've explored at Military.com is the effect a collapse of one or more of the American automakers would have on the defense industry...specifically military vehicles like Humvees, Medium trucks, Strykers, tanks and Bradleys.

The answer from our sources: "not much."

Now, I have a lot of respect for Sen. Karl Levin, the Democratic icon and chairman of the Senate Armed Services Committee. But his pandering to the panic and his Michigan constituents about how GM's failure would put American national security at risk just isn't supported by the facts.

Read more ....

My Comment: Defense Tech's analysis and commentary is short and to the point.

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