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Showing posts with the label bailout

Auto Bailout - a regular american logical viewpoint

There's something very suspicious about all this car company bailout business that's going on right now. I'll put aside, for the moment, whether i think that the government should ever have their hand in corporate business to begin with. Does it make sense to anyone out there that car businesses are going under? Do you have a lot of friends who have decided to stop buying cars? Is anyone turning, for environmental reasons, back to the horse and buggy method? No, of course they're not. Here's my concern. Ford, GM, and Chrysler are not going out of business because they can't sell cars. Ford, GM, and Chrysler are going out of business because the unions are out of control. I understand that the labor unions were very important in the early 1900s. At first, unions represented the common blue collar worker's right to earn a living and to be paid his worth. I commend the American spirit that birthed that movement, and I'm proud of it. But now the la...