Chrysler, Ford, and General Motors: Should the U.S. Senate have rejected the auto industry rescue bill that pleaded for $14 billion? If so, then why? If not, why not?
George Dubya should have never been authorized to override that determination and then spend an additional $3.5 BILLION either.
That puts a damper on things. Then once that $17.5 billion has been greedily consumed, will any U.S. Auto Industry survive? No doubt that’s quite a sticky topic currently. For one, Dodge (Chrysler) has and does maintain manufacturing plants in Mexico (where the motors are solely produced) in an effort to gain greater profit margins. So that in itself puts a damper on U.S. Patriotism. Which neighborhood or U.S. district aching for industrial labor wants to support a corporation that does not support them?
(Maybe they needed the academic resource that Honda R&D maintains; R&D = Research and Development)
Oh, whatever shall we do if Dodge / Chrysler –along with its motors that are fully manufactured in Mexico– go under and then fail to provide the United States with a NON-EXISTENT WORKFORCE THAT WAS ALREADY ABSENT IN THE FIRST PLACE? The others (Ford and GM) are in the same boat; collectively, these are huge sources of jobs and incomes for families IN OTHER COUNTRIES. So no wonder U.S. industrial laborers feel second-grade.
At the same time, however, these three manufacturers — GM, Ford, and Chrysler — do generate roughly three million U.S. jobs.
Without those, we will see a drastic cut-back on jobs available, an overwhelming explosion on the unemployment roster, and an overbearing mess of people fighting their way through the welfare lines. That would be quite unsightly, to say the least — even greater than what we’ve seen thus far in this economic mess.
Still, though, in order to “weed through” who will survive and where to safely invest, some say that the Darwin approach holds the answers. Survival of the Fittest. This is clear-cut atrophy. There is no excuse for jumping aboard a sinking ship.
So do we opt to preserve those jobs by supporting those companies who couldn’t make ends meet in the first place? Or do we passively let evolution occur and have faith in the fact that, individually, U.S. citizens will control their own destinies? And likely (hopefully!) for the betterment of society? Blind Faith becomes a bit easier to choose when it comes to an uncontrollable and absolute either/or decision!
Nonetheless, it is understandable why Republicans refuse to use what’s left of this shortage of U.S. taxpayer money in order to revitalize these incontrovertible bust industries.
This dilemma over whether to help this industry — while a Republican President who pulls in favor of this bailout finished his term– will create some controversy. G.B. was unable to conjure the support required from his own party to vote in favor of a rescue scheme, so he went around congress and spent well over 3 BILLION more U.S. dollars to have his way. Hmmm…. Wonder what’s in it for him?
This is strong!
By all means, reply to this and collaborate with your opinions…
