Monday, November 10, 2008

 

GM, Ford, Chrysler (What to do?) & Blue States

[ This was a work in progress. I wrote it about a week or so ago. Rather than go unpublished, I will go ahead and publish as is. ]

The Truth About Cars has given their opinion about what to do with the ailing American auto makers. My opinion has been to merge the three automakers into one American auto maker. After reading the opinion at TTAC, I am revising my opinion. We should still have a single American auto maker, Ford. GM and Chrysler are gangrene infected body parts. In order to save what body is left, amputate them and save the healthiest car company left in America, Ford. Let Ford make an attempt to thrive by being the only American automaker. If it fails, it is the next Zenith, the last maker of TVs in America.

Will this mean people will lose their jobs and suffer? In a town where democrat and union mentality thrive, of course! The American automakers are one of the longest running failures in blue state territory. In fact, all industrial blue regions shows sings of failure. But, it's not only blue collars in blue states who are feeling blue. The latest group of failures are the banks and investment firms of New York City, a democrat holy site. They will get a bailout because they have friends in high places. The state in and of the left is not doing any better and whines for a bailout. (Note the other states mentioned in referenced article: New Mexico, Massachusetts, and Main. All blue.)

So how does our government plan to treat our successful industries? ExxonMobile, one of the few major American petroleum companies left, has done tremendously well in its industry against some stiff competition. What the solution to this success? An Obama windfall tax. (Well, the candy man does need a way to give away those $1,000 checks to all, non-tax payers included. A much longer economic discussion is required to discuss the complete foolishness of his plan.)

The petroleum industry isn't the only southern fried success. Many Asian auto makers have found a home in capitalism friendly southern states, like Kia in Georgia, Hyundai in Mississippi, and Toyota in San Antonio to name a few.

It is a fact that a majority of the energy industry exists in red state territory, like Texas and Louisiana. As I see it, the red states are having to pay for solutions, which will turn out to be failures, for problems the liberal blue states have gotten themselves into. The source of many economic problems lay on the west, north, and east blue states, and there is no doubt their bad habits will soon affect, if not already affecting, the red states. Misery loves company.

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