Thursday, December 4, 2008

What If

What if the government removed the restrictions on the auto industry to produce cars that will not sell until gas reaches $4/gallon? What if they each got $1 billion and all demands that they provide electric and hydrogen cars removed? Period. Free market. Supply and demand.

These execs are sitting before Congress with their male jewels in their hands like they are the bad guys. They are sitting in front of men and women who, for the most part, have never owned or run a business. They may be very educated and understand how to read a basic balance sheet but they have never be personally liable for employee payroll, union negotiations, tax restrictions, and red ink.

We have not held them accountable for the red ink on the U.S. balance sheet. We have not held them responsible for their part in the mortgage mess. They were the authors of it all. Let's hold a mirror in front of B.F. and C.D. and N.P. et al.

Ford, Chrysler, and GM are not the bad guys. However, many in Congress are. Remove the restrictions. Ask the UAW for the same deal they cut for the Toyota auto workers. Step back and watch capitalism work. Watch the stock market react to that one.

Come on. Some one out there get a back bone. Set the captives free. Free to make $. Free to pay dividends to the few of us who still have their stocks in our retirement funds. Free to make it or lose it.

'til later

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