Don’t get me wrong, I don’t support the big three auto manufacturers, and the archaic way they do business, but this is a calamity of stupid people making our lives miserable.
Look at this logically, only Ford, GM, and Chrysler are standing on the corner wanting money. Do we see Toyota or Honda with their hands out? We have talked about the cost of doing business in the past, but the big three have given concessions to the UAW that have crippled them on a profit basis. You can’t compare the big three’s cost basis of $71 per hour to Toyota’s cost of $46 per hour and expect things to be equal.
Now on the side of the big three….. Congress has mandated requirements of them to produce a product that THEY want. Congress has demanded hybrids, electrics, and alternate fueled cars. Retooling is an astronomical expense for just one model, not to mention the whole line.
I can see raising the CAFÉ (corporate average fuel economy), that gives the big three room to move and come up with a plan to accommodate the request, but to demand the types of vehicles to be produced is overstepping the Congress’s bounds.
Imagine you own a company that makes say…….cookies, the government tells you, yes they are great but the chocolate has too many calories, so you need to use artificial sweetener. The taste isn’t the same and thus sales drop off. As you struggle to regain the taste through a revamped recipe, the government comes to you and says that you have to phase out the cookies and start making figure friendly natural power bars that taste like a picnic bench. You are probably laughing, but this analogy isn’t far from the truth.
Our economy is based on Capitalism, we make what the public wants, and is willing to pay for. Government intervention in privately owned businesses, is economic socialism. The big question is……who picks the next company to control?
The very same people who claimed that Fannie Mae and Freddie Mac were solvent and in fine shape, are still making decisions with our money, Chris Dodd in the Senate, and Barney Frank in the House. Have they answered to anyone on the first bailout? As a result we are going on the hook for trillions more, because they don’t understand the basic principle of not spending more money then you have. We know how to set a budget in our own homes, so why don’t they? They do know, but it’s NOT their money, it’s OURS!
Where is the ethics committee? Isn’t this the group that judges the moral and ethical actions of Congress?
I read a statistic the other day that scared me to death…….50% of voters in our country don’t know the three bodies of government…..no wonder we can’t throw the jerks in government out, there are only 50% of the voting body who are informed, just one more reason we lag the world in education.
Look at this logically, only Ford, GM, and Chrysler are standing on the corner wanting money. Do we see Toyota or Honda with their hands out? We have talked about the cost of doing business in the past, but the big three have given concessions to the UAW that have crippled them on a profit basis. You can’t compare the big three’s cost basis of $71 per hour to Toyota’s cost of $46 per hour and expect things to be equal.
Now on the side of the big three….. Congress has mandated requirements of them to produce a product that THEY want. Congress has demanded hybrids, electrics, and alternate fueled cars. Retooling is an astronomical expense for just one model, not to mention the whole line.
I can see raising the CAFÉ (corporate average fuel economy), that gives the big three room to move and come up with a plan to accommodate the request, but to demand the types of vehicles to be produced is overstepping the Congress’s bounds.
Imagine you own a company that makes say…….cookies, the government tells you, yes they are great but the chocolate has too many calories, so you need to use artificial sweetener. The taste isn’t the same and thus sales drop off. As you struggle to regain the taste through a revamped recipe, the government comes to you and says that you have to phase out the cookies and start making figure friendly natural power bars that taste like a picnic bench. You are probably laughing, but this analogy isn’t far from the truth.
Our economy is based on Capitalism, we make what the public wants, and is willing to pay for. Government intervention in privately owned businesses, is economic socialism. The big question is……who picks the next company to control?
The very same people who claimed that Fannie Mae and Freddie Mac were solvent and in fine shape, are still making decisions with our money, Chris Dodd in the Senate, and Barney Frank in the House. Have they answered to anyone on the first bailout? As a result we are going on the hook for trillions more, because they don’t understand the basic principle of not spending more money then you have. We know how to set a budget in our own homes, so why don’t they? They do know, but it’s NOT their money, it’s OURS!
Where is the ethics committee? Isn’t this the group that judges the moral and ethical actions of Congress?
I read a statistic the other day that scared me to death…….50% of voters in our country don’t know the three bodies of government…..no wonder we can’t throw the jerks in government out, there are only 50% of the voting body who are informed, just one more reason we lag the world in education.
"There is not a more important and fundamental principle in legislation, than that the ways and means ought always to face the public engagements; that our appropriations should ever go hand in hand with our promises. To say that the United States should be answerable for twenty-five millions of dollars without knowing whether the ways and means can be provided, and without knowing whether those who are to succeed us will think with us on the subject, would be rash and unjustifiable. Sir, in my opinion, it would be hazarding the public faith in a manner contrary to every idea of prudence."
--James Madison, Speech in Congress, 22 April 1790
--James Madison, Speech in Congress, 22 April 1790
2 comments:
You want Democrats to bring other Democrats accountable for their actions involving money? Only if the FBI is involved!
NOT AT ALL!
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