Deliver Me from Dinosaur Bailouts

Pat Buchanan recently wrote that he would like to see the Big Three “American” auto companies get the bailout of taxpayers’ money that is being discussed.   He says the Republicans will suffer if they don’t support it.

Pat, the Big Three Dinosaurs are no more “American” companies than Toyota — maybe even less so. Check the parts content and manufacturing locations on your “American” car, before you make such an unfounded assertion.

Get back to me when Big Three execs start acting as if the location of their corporate offices really mattered to them. Would they care if they went to sleep in Dearborn and woke up to Taiwan or Brussels? Not if they got to take their perks with them. Let their stockholders dump them in favor of people who care about America, and have them get back to me.

The Big Three execs are entitled to their grotesque (from my perspective) bonuses and golden parachutes, if their stockholders are dumb enough to put up with their incredibly bad decisions, and enough customers are dumb enough to pay for them as part of the price of a car. They are NOT entitled to taxpayers’ money, unless they start selling something taxpayers want to buy. If not, screw ’em.

Also, Pat, please tell me: Why should taxpayers help the UAW recover its hundreds of millions of dollars spent to elect BHO, by subsidizing their members’ union dues? They got their guy. Screw them, too.

An American company CAN come back from the dead. If its employees and retirees want to badly enough, let them pull out their own wallets.  Let them break up and buy their companies out of bankruptcy, make sacrifices, and begin making products Americans (and the world) want. Look at Harley Davidson, if you want to know how that is done.

Let us taxpayers keep the bailout money, and invest in automotive start-ups that use automated manufacturing, advanced materials, non-union labor, superior technology and real market knowledge to build cars Americans and others will buy.

The Big Three Dinosaurs? The tar pits are this way.

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3 Responses to “Deliver Me from Dinosaur Bailouts”

  1. jonolan Says:

    You have a very well balanced view of this fiasco. Thank you for sharing it.

  2. Formosa Daily » Deliver Me from Dinosaur Bailouts Says:

    […] here to read the rest:  Deliver Me from Dinosaur Bailouts Tags: america, obama, perspective, republican, uaw Post a comment or leave a trackback: Trackback […]

  3. tomcox Says:

    Thanks for reading and commenting! Glad you enjoyed it. — TC

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