The following is not a political piece. Well, not in a partisan sense.
Today, readers, I would like to talk about the wonderful changes coming to America. On Monday morning, General Motors entered into bankruptcy (or announced they will) and the US Government took over 60% ownership. I am hoping that does not mean that we, the taxpayers, have purchased a company that is about to go under. I say "we" but I do not mean that. I had no say in the purchase nor did any of you... unless you happen to be the president or one of his close advisors.
This was done reluctantly, we are told, and who would not believe a politician? It must be true. I cannot think of any politicians who ever thought they knew better than a private citizen how to run a business. I am almost guffawing at the prospect of such nonsense as thinking any politician would. So I am sure that GM is in safe hands now, with the certainly temporary comfort of being held (and helped) by the folks in D.C.
All you have to do is look at all the success stories government intervention or control has had. From the US Postal Service to AmTrak to Medicare to Social Security, nothing but records of fiscal responsibility and outstanding results. I won't mention the War on Poverty or the War on Drugs, though both are noteworthy successes also.
Yes, we can rest easy now since GM has become a ward of the government. I can see the enlightened hand of Uncle Sam now... Gently guiding one of the most revered icons of the American auto industry through its toughest times.
[1194/1195/1064]
A Night Unremembered
13 years ago
2 comments:
Manifest Destiny.
Or as I like to say, own it burn it.
What if Toyota bought GM or parts of it?
Hektik - How about a company in China instead? Oh wait... that's happening.
Post a Comment