The American Thinker has a link today to an op-ed in the Los Angeles Times that is truly amazing. The premise of the article is that the successful auto plants in the southern US states should be forced to follow the business model of the failed auto plants in Michigan. After all, that would be only fair (stupid, but fair).
This is my prediction for the auto bailout. Congress will give the auto companies some money before January (with heavy oversight). When the new Congress convenes in January, they will give a lot of money to the auto companies and essentially nationalize them. The auto companies will be forced to manufacture 'green' cars which no one seems to be interested in buying (they will be more expensive and less practical for family use). When the auto companies in Michigan continue to lose large amounts of money (the 'legacy' cost of a Detroit car is $2000 per car--making these cars less competitive), then Congress will pass 'card check' legislation. Card check legislation takes away the secret ballot in union votes among workers. Then unions (which the Democrats owe because a large percentage of their campaign contributions come from union dues) can unionize the southern US car manufactures so that they will become less competitive. At this point, some of those companies will stop manufacturing in the US and more jobs will be lost. This will deepen the recession (which Congress will then blame on George Bush). I wish I were joking, but I'm not.
Leave a comment