Right off the bat, I find myself disagreeing with president-elect Barack Obama. While I think that, overall, his leadership will guide our national ship to shore once again, his views on the recent economic bailouts are wrong.
He said Sunday during his interview on 60 Minutes that “it’s my belief that we need to provide assistance to the auto industry.”
By we, he means taxpayers.
He went on to say that the complete and total collapse of the U.S. auto market would be disastrous.
And while I agree with that, I don’t for one minute believe that if the government fails to bail out the auto industry that they will fail entirely. I could be wrong, but I doubt it. Isn’t that why we have bankruptcy?
As a taxpayer and struggling American, I resent the government’s quick action to save corporate America, when corporate America represents so much of what’s wrong with our nation — greed and job outsourcing are two things that really turn my stomach.
ABC News has aired a piece on GM, Ford and Chrysler executives who flew to Washington, D.C., this week on their private jets at a cost of more than $20,000 each. The Kings of Detroit were there to tell lawmakers that their companies are facing collapse if they aren’t given billions in American tax dollars.
Give up that private jet and fly coach like the rest of us, Mr. Ford, Mr Chrysler and Mr. GM. That is, when the rest of us can even afford to fly at all.
While lawmakers assure that any assistance to the automakers would be “just a loan,” to me, it’s corporate welfare. And I’m not willing to dish it out.
I’d rather see the government do more to ensure that jobs stay here in America and that wages here are competitive.
We need basic healthcare for our citizens, Congress. We need to tell our citizens that they won’t go bankrupt just for a one-time hospital stay. So many Americans have no savings left simply because of healthcare costs. It’s not right.
Healthcare is a human right, not an industry, as it’s portrayed. These are issues I want Congress to tackle. These are issues that our new president has to tackle.
Government has no business meddling in private commerce. This is still a Democratic, capitalist society, no?
Here’s an idea for GM, Chrysler and Ford — ESPECIALLY Ford: Go back to creating efficient, affordable cars on a basic assembly line just as Henry Ford did. Refine your models, and instead of manufacturing 30-plus different cars, create three or four.
Americans pioneered the auto industry; I’m sure that these same folks can rally together to revolutionize it once again. But it’s their job to do it. Not yours. Not mine. And not the government’s.
Head over to the Poll Booth to let us know how you feel about this.