When will Americans face the reality that Washington DC has never run anything successfully?
The same people who forced lenders to make bad loans, then allowed bad mortgage based securities to be sold to unsuspecting investors who leveraged the portfolio 30 to 1, ending in the biggest financial crisis in world history, now want control of the U.S. auto industry.
Before they raised a single penny in play money to bailout yet another disgraced American industry, liberals at the epicenter of the problem like Democrat Chris Dodd, were calling for the beheading of motor company CEOs, proving only that even the promise of taxpayer funds is being used to grab federal grasp and control of once private industries at a record pace.
And their plan? - to force American auto makers to build more cars that people already won’t buy, all in the name of Al Gore’s Global Warming Swindle, which over 500 international scientists are preparing to sue for fraudulent science?
Edmonds.com auto research site lists the Top 50 most researched autos and only one American made car makes the top 20 at number 18, the Chevy Malibu. In fact, only ten American autos make the top 50 list and six of them are SUVs or pickup trucks.
Yet Washington DC plans to use the power of taxpayer money to force the American auto industry to make cars that nobody is buying, or even researching.
That’s because as Obama Chief of Staff Rahm Emanuel put it, this crisis presents a unique opportunity to move the leftist global agenda forward, forcing Americans to comply with Al Gore’s environmental insanity by forcing American car makers to make only environmentally friendly cars that nobody wants to buy.
Guess what... Americans already don’t buy American. Has anyone noticed that Toyota, Honda, Nissan, and Hyundai are NOT lobbying Washington DC for any bailout, even though all of them have manufacturing and assembly plants scattered across the U.S. just like Ford, GM and Chrysler?
It’s the unions stupid!
American auto makers are not on the verge of bankruptcy because they failed to make Gore-friendly cars, which even Al Gore himself, would never drive. They are on the verge of bankruptcy because they have been squeezed out of the industry.
Squeezed by labor unions to make a lesser product at higher manufacturing costs, driving up retail prices. Squeezed by Washington to make cars Americans don’t want on another side, and squeezed by more competitive foreign auto makers at the other end, who simply make a more desirable, more durable product, for less money in an expanding global market place.
The American auto industry has been forced into an uncompetitive corner and no amount of capital infusion can change that reality, especially if nut jobs in Washington DC are going to run the companies in the same spirit they have bankrupted our nation, which is the only thing they know how to do well.
In a word, “unions” are the problem with the American auto industry. How many manufacturing industries have to be driven out of America before Americans come to the realization that American manufacturers can not compete in a global market due to excessive union demands?
Of course Democrats want an auto industry bailout. It isn’t hard to figure out why...
First, today’s Democrats are socialists and as such, they want to control not only the auto industry, but the banking industry, the mortgage industry, the energy industry and the health industry as well.
Second, without millions from union dues in every election cycle, we wouldn’t even have a Democrat Party today. Of the Top 20 political campaign donors in America, twelve of them are labor unions, giving over $326 million in union dues over the last ten years, 95.7% of it to Democrats.
If the auto industry fails, or is even allowed to restructure, requiring financial concessions from the unions, who will fund today’s Proletariat Party (read DNC)?
After watching Washington DC bankrupt everything it has touched for more than seventy years, why would even the most liberal American look to Washington DC with an expectation that they are capable of running anything well? All evidence is at odds with such a notion.
The incoming leadership, Barack Obama, Joe Biden, Nancy Pelosi, Harry Reid, Bill Richardson, Chris Dodd, Rahm Emanuel, (and I can keep on going for days), not one of them has even one hour of corporate or business experience anywhere on their résumé.
There qualifications are limited to that of career politicians. They are people who have spent a lifetime spending other people’s money with impunity. They have never had to employ a single soul, turn a penny in profit or attract a single investor.
Yet they are certain that they know how to run every industry better than the people who have spent a lifetime learning how to run them. And many Americans are foolish enough to know no better.
Mark my words... Washington control of any industry means the end of that industry. If you want to bankrupt something, turn its management over the Washington DC politicians. Washington has a flawless record of destroying things, not building things.
Historically speaking, bankrupting things is the only thing on earth that Washington does do well!
The auto industry must be allowed to reform and restructure in order to return to a competitive, viable industry in America. A bailout will only kick that can down the road a few months, at best.
The financial crisis caused by Washington DC Democrats has in fact caught the American auto industry with its pants around its ankles. But make no mistake, the industry had its pants around its ankles long before that and it will still be bankrupt long after any bailout.
The best thing we can do for this or any other industry is keep Washington Democrats as far from it as possible! How is their bank bailout working so far? Why is anyone still listening to these morons?
PLEASE HELP WALTER MOORE END SANCTUARY CITY POLICIES IN LOS ANGELES AND SHUT THE DOOR TO ILLEGAL MIGRATION INTO AMERICA