Posts tagged “detroit bailout”

Solidarity wins! No auto bailout! Everyone gets laid (off)!

Honestly, I thought this was a foregone conclusion, but the hatred of the southern Republican Senators for all things union has foiled the attempt by GM, Chrysler and Ford to suckle from the bailout teat. Who would have thought I’d celebrate such disdain for a union? Not me.

Now we will see just how honest the Big 3’s dire predictions about their own futures actually were. I’ve said it before and now I can yell it from the mountain tops, let ’em swing! Nothing to see here people. The “free” market will sort them out.

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No bailout for Detroit!

Break the bailout!

Write Congress

and/or

Call Congress

Well, I was against the bailout for Wall St., so it should be no surprise that I’m against a bailout of the “big 3” in Detroit. Our total “bailout” commitment thus far tops $8.5 trillion, but this one should really piss you off. The thing is, my Wall St. stance was one of principle. This time, it is based on cold, hard facts. General Motors actually had a fleet of all-electric cars on the road over a decade ago, but chose to literally repossess them from happy owners to prevent the spread of the technology. That sort of near-sighted avarice demands punishment. I say, let ’em swing. As far as proof and citation for these seemingly ludicrous facts, look no further than the stunning documentary, Who Killed The Electric Car? Watch the trailer above, then go rent or buy the movie today. You will be compelled to contact your representatives and tell them to put the kibosh on any bailout for Detroit, though I have a particular distaste for GM.

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