Alexander: Fiscal Crisis Could Imperil VW Plant

[CMF Newsman]

Sen. Lamar Alexander said the nation's current fiscal crisis could imperil the Volkswagen plant planned for Chattanooga's Enterprise South Industrial Park.

He said VW officials told him at the opening of the VW U.S. headquarters in Herndon, Va., that they were having trouble getting credit.

Sen. Alexander said that if VW cannot get financing for its cars, then that planned VW plant "doesn't have any jobs."

www.chattanoogan.com/articles/article_135876.asp

[gridbug]

Let them borrow the money the government was going to spend to bail out Chrysler AGAIN.