John Rice Carter: “I thank you, and I agree with absolutely everything you've said. I think it's a real eye-opener to realize that we sit…”

“I thank you, and I agree with absolutely everything you've said. I think it's a real eye-opener to realize that we sit here and we have a State of the Union address where the middle class was referenced, I don't know, a dozen times probably, how it is all about the middle class and how we are going to do things for the middle class. I guess we can start off by saying that the first thing we are going to do is raise the price of a car for you by $3,200, not because we have to, not because it fits our plan of coming up with fuel standards, which we had in place before the EPA in California interfered, no. We're going to do it now even though it was supposed to be 3 years from now that we start looking at these standards, and we're going to take $3,200 out of your pocket when you buy that first car. That doesn't seem to be looking out for the middle class. I think this House ought to be looking out for the middle class. I think they ought to be looking out for the buyer. I think we ought to realize that in a time when we have an industry which we had to pour literally billions and billions and billions of dollars in to save--and we've done it. We've got it, at least we hope, back on its feet--and then all of a sudden we impose standards upon that industry which, quite honestly, will probably harm them, you raise the price of your product $3,200 that you weren't expecting to raise, you're not ready for that kind of problem.…”