Car Manufacturer Solution???

Had I known, in 2008, the US Auto Industry would soon be gasping for clean air,
perhaps I could have offered a solution to their dilemma before, we, the citizens of
our country, were saddled with the huge cost in money, jobs and expectations.

I’m no CPA; I’m not even an accountant, if you don’t count balancing my check book
Account monthly as significant.The kids I graduated from High School in 1941, for the most part, are dead and lived without the “benefit” of a college degree, somehow!

Here is my solution:

Since competition, among Automobile fuel suppliers, is non-existent, and. the industry is Unregulated, except by screaming clients, and since their captive clients would be mostly car owners, why can’t/don’t Exxon/Mobile and/or other cash loaded fuel suppliers use their excess cash to buy up the stock of GM, Chrysler, and Ford (US Manufacturers) and thumb their collective noses at Congress, as they usually do, when constituents of the Congress, complain about rising gas prices.
Truly, supply and demand would work! If their tanks are glutted, people tend not to buy gas, no matter the price. However, their clients don’t have but a few choices to purchase their supply.Some people do not drive around looking for a lower price for gas. A 1 cent rise in the price of gas/gallon equates to 20 cents in a car with a 20 gallon capacity.Therefore, level heads will pay the local gas station price and control their expenditure by usage. Need a temporary influx of cash? Raise the price $ 1.00/gallon temporarily.After the din, things will quiet down. Other countries have been paying $5 and $6 and more for years before we complained.

I say “GO FOR IT!”
The country will be better off. Thousands of jobs saved, and future pensioners can
breathe.