"If a government is big enough to give you everything you want, then it is big enough to take everything you got"

-- Thomas Jefferson

Friday, December 12, 2008

Lets talk "Auto Bailout"


There has been something about the whole auto bailout issue that has not set right with me, and I have not been able to put my finger on it til just now. Something about it just didn't seem right, howbeit the noble, concerned reasoning that has been stated in support of it. I guess it's one of those things I can see both sides of, but my better judgement has leaned against it instead of for it.


But why? I've been decluttering our very cluttered bedroom today while listening to Fox News (fair and balanced), and Shepherd Smith was on. I just love that guy, he's so funny, LOL and he's very good at reading comments from emails from "both sides", but one email he read struck home for me, so much I've paused the TV so I could come here and type it out for anyone out there who reads here ;o)



It was from John in Alabama:

"... it is unconstitutional to use Federal tax dollars to bail out
industries and union labor states with Federal tax dollars taken from industries and non union states. It is not fair to unfairly advantage Michigan over Alabama citizens. And to use Alabama tax dollars to bail out Michigan is unconstitutional."



He hit it on the head right there. There are southern states where Foreign car companies have plants, and they are functioning and doing fine. Why is it my responsibility to bail out families whose primary provider makes $70/hr, when there are families in NC whose primary provider only makes $18/hr? Is it Dish Network's fault their business is functioning properly and the auto industry isn't? Is it our fault, as tax payers?


Since when did it come to be our responsibility as hard working, frugal lower middle class citizens to ensure companies do not go under?


Did Mr. Ford himself not file bankruptcy some seven times before Ford Motor Company got off the ground?

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