Friday, November 14, 2008

Bail Out the Auto Industry? WTF?

I wonder if it has occurred to any of the governmental leaders who are contemplating a bail-out for the auto industry that if we had universal healthcare and a decent pension plan for the elderly then the car companies wouldn't be bankrupted by providing those things to their retirees?

I think that would be a better investment of gazillions of dollars then bailing out companies whose CEO's have their heads up their asses and can't make a good product that people want to buy.

All these companies and banks that are failing need to be allowed to fail so they won't make the same fucking mistakes over and over again.  Let's create jobs by investing in our infrastructure (there are a lot more bridges that are in danger of collapsing) and our health care industry rather than bailing out badly run private businesses.

7 comments:

  1. I read a point today that has stuck with me. How do we not bail out the auto industry when one of the reasons they're failing is because people aren't buying cars due to NO money. And yet, the reason people have no money is that the banks allowed them to get in too far over their heads - and we bailed the banks out.

    So we bail out the cause of the problem, but don't help the one manufacturing industry we still have in the U.S.?

    I change my mind on a near daily basis on this one. But I agree about the health insurance. Wholeheartedly.

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  2. Hello, Katy...

    First of all, I love your blog and yes, I agree with you; If the government had provided heath care decades ago - like the English did over sixty years ago - we wouldn't be having half the troubles we have today.

    By the way, thank you so much for the kind words you left on "The Rant". Much appreciated.

    Love and Peace,

    Tom Degan

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  3. C-R-A-Z-Y! I certainly don't have the answers to this mess, but some of the proposals going around don't seem to make sense...I don't know.
    ~Christy

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  4. Nicely said. You should write for Autosavant!

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