"We need those businesses to survive," she said. "Does a $25 billion handout help this industry survive? I am not sure it does," she said. "We need to devise some kind of structured reorganization to create a viable long-term business model for the automobile manufacturers"
This 'reorganization' would be similar to Chapter 11, but she said that using the word 'bankruptcy' would doom the businesses.
"I am just not sure people will buy a vehicle from a corporation in bankruptcy," she said. "A car is most people's second largest investment and they want to be sure that the company they buy from will be there in six months."
Gillibrand said she supports economic and cultural growth in the Adirondack Park. With the nation rethinking its approach to development and its ecological impact, the human-environment interaction which is intrinsic to the Park's lifestyle could be culturally seminal and economically profitable, she said.
"Corn-based ethanol is not the answer," she said. "Switch-grass and wood-based versions are far more efficient - the citizens within the park can be at the cutting edge of the energy revolution that must happen in this country."
With progressive policy, focusing on energy concerns and adopting a 'green' lifestyle, Adirondack citizens could be at the forefront of a national movement, she said.
"The next step is to make it cost-effective for businesses to 'go green' and this is where the park could be at the forefront nationally," Gillibrand said. "I certainly would consider supporting hamlet expansion in the park, but I would have to take a town-by-town approach - not all communities want to expand."