Nov 23, 2008 08:12
It turns out the Republicans were right.
Wait, before you respond to that last statement, let me explain.
The Republican mantra: Let the Market Decide.
That was what Bush did his whole administration (except, of course, for the bailouts and govt subsidies to big oil and other Republican donors).
Meanwhile, the Democrats kept pushing for the govt to step in to create alternative fuels and more fuel efficient cars... to no avail.
Suddenly, the Market crashes, mortgage lenders and credit card companies tank, major car companies start going under, electric cars are now en vougue, gas prices are the lowest in 3 years, and a skinny black man with a funny name gets elected POTUS.
So it seems like their strategy worked like a charm... however, hypocritically enough, now the Republican are advocating a bailout to the big 3 carmakers, predicting all sorts of "Doom-and-Gloom" scenarios if we don't.
(warning: I stole the following from NPR)
What if, instead of a car company, we were talking about a restaurant going under? If a major restaurant chain came to us and said, "Help us, we are going out of business! Please give us billions of tax-payer money to keep from going under," how much sense would that make to give them money?
Would more money make their food better?
Shouldn't we be asking **why** they are going out of business *before* we give them money?
I say, let them go out of business... and my apologies to those of you employed by one of the big 3.
All long during the gas crisis, it was the car companies that could've saved the American Consumer from spending billions of dollars unnecessarilly and making Big Oil even bigger, and us even more dependent on oil
THE BIG 3 CARMAKERS HAD PLENTY OF OPPORTUNITY, DECADES EVEN, TO DO THE RIGHT, FUCKING THING!!!!
Now, they are begging for mercy.
Fuck them.