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An auto industry bail-out will fail
Guardian (U.K.) ^ | Nov 11, 2008 | Ryan Avent

Posted on 11/15/2008 11:45:07 PM PST by fightinJAG

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To: fightinJAG

No bailout!

http://www.freerepublic.com/focus/f-news/2133055/posts


21 posted on 11/16/2008 8:38:17 AM PST by ksm1
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To: Grampa Dave

Very good article.

I think re-badging has been a particularly dumb way to do business over the years.

I’m still waiting for some pol to explain to why the U.S. Big 3 automakers matter if they consistently flop at either gaining market share or capitalizing (um, note that word!) on their measurable successes.

If the “jobs” the Rats are trying to save are not presently producing anything anyone wants to buy in sufficient quantities-—and, based on history and other market forces-—it is rather remote that that will change any time soon, what is the ECONOMIC POINT of “saving” those “jobs”?

If Pelosi just wants taxpayers to pay UAW’s benefits bill, let her say so.


22 posted on 11/16/2008 12:14:21 PM PST by fightinJAG (Help make government smaller: HOMESCHOOL YOUR CHILDREN..)
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To: CBF

Yep.

It’s not like if the Big 3 go bust, we won’t be making cars in this country. Those companies that have figured out how to make cars Americans want to buy will expand and-—hmmmm-—hire more workers.

Of course, that is not acceptable to the Rats because they owe the union bosses for their political existence. If the Big 3 go bankrupt, the UAW contracts are voided. END OF UAW.

It is not the Big 3 automakers the Rats want to bail out, but the UAW.

The companies that come in a buy up the pieces will not be saddled with labor contracts that pay 52% higher than non-union auto workers.

But the Rats cannot allow UAW to fail because that is a huge part of their political machine. If UAW goes away and manufacturing disperses from traditional Rat strongholds under the purview of union/Rat political machines, well, they can’t allow that, no matter how much it costs the country.


23 posted on 11/16/2008 12:19:23 PM PST by fightinJAG (Help make government smaller: HOMESCHOOL YOUR CHILDREN..)
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To: Nathan Zachary

You’re right.

The Big 3 are even dancing around the fact that they are also asking the Canadian government for a bail out.

They are only being coy about it now while they are trying to get the first bail out from the U.S. government. Then they will go back to Ottawa and ask for more dough from them.

“American” auto industry? Nope.


24 posted on 11/16/2008 12:22:22 PM PST by fightinJAG (Help make government smaller: HOMESCHOOL YOUR CHILDREN..)
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To: fightinJAG

“If Pelosi just wants taxpayers to pay UAW’s benefits bill, let her say so.”

Exactly, but she will never say the truth.


25 posted on 11/17/2008 6:06:36 AM PST by Grampa Dave (Buy what we need before Zero is sworn in. He and Pelosi will not have our buying $'s in 2009!)
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