WHERE'S MY BAIL OUT?
As the Democrat controlled Congress and rhino White House contemplate the best way to waste our hard earned dollars,we conservatives are again left with no other options but to watch and laugh, or cry, depending on your mood. If ever there were a better case against government intervention into financial matters, I have not been able to find it. On the up side, the current economic crises is a better real world example of the failure of liberalism than any hypothetical I could have created.
Follow along, because I am going to make this as simple and easy to understand as possible.
Years ago, the liberal policy of loaning money to those who were known credit risks under the red herring of "fairness" was legislatively forced onto the lending community. The inevitable result was the chaos we see today.
To "fix" this chaos, our government decides to impose the liberal policy of "bailing out" companies that they caused to fail in the first place. All at tax payer expense of coarse. Like all liberal solutions, this one came with unintended consequences.
Now that another liberal boondoggle known as "organized labor" has all but destroyed the American auto industry, the next logical progression is a long line of industries and institutions lining up to get a piece of the pie. Did I just take a verbal swipe at labor unions? You bet your over-extended hiney I did. In fact, my next article will explain in detail how unions are major players in the destruction of America.
As I watch the auto industry beg for money from our government, a wild thought occurred to me. Maybe I'm giving them too much credit, but I think it's entirely possible that there is a hidden agenda among the Big Three in their attempts to raid our wallets. This is only a theory so don't hold me to this.
What if Detroit isn't really trying to get our money? What if they are really trying to show the American people the devastating effects that unions have had on their industry? Could this actually be a ploy to recruit legislative help and public outcry in order to bust the union? Think about it. Legally, car makers are stuck with unions. This does not change the fact that unions are like cancer on their bottom line. So now that selling cars is no longer profitable due to the high cost of labor and excessive government regulation, this bail out could be a "hail Mary pass" to plead their case in front of the government without actually blaming them...as they should.
Though I wish this were the case, I know better. Besides, labor unions hold the pink slip on the Democrat party, so it would be a conflict of interest for a Democrat Congress to do anything that would harm the unions in any way. In fact, you wouldn't have to go to great lengths to say that Barak Obama & company are making yet another payment to the extortionist unions in exchange for their political support. I guess that's what counts for "change" in the minds of some people.
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2 comments:
"boondoggle"
What if we all just stopped pointing fingers across the aisle and came to a solution?
Do you really want Detroit to fail?
You are a trucker. Freight traffic is the first thing to disappear in a recession, and will deteriorate further with the collapse of the Big Three.
Kofi,
I never said I want them to fail. I simply recognize that a bail out is not the answer.
Busting the unions, keeping government mandates out of the industry and tax incentives of all types are the solution.
I point fingers because you need to understand the root of the problem before you can fix it. Also to make sure we don't keep making the same mistakes over and over as we seem to be doing right now.
I am a trucker, a conservative, a tax payer, and a realist.
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