“We should never despair, our Situation before has been unpromising and has changed for the better, so I trust, it will again. If new difficulties arise, we must only put forth new Exertions and proportion our Efforts to the exigency of the times.” —George Washington
Monday, December 15, 2008
Detroit...even the football team stinks.
Kudos to Bob Corker from our fair state for standing up to the UAW thugs. Pity he wasn't tipped off that the deal was in the works over at the White House. Chrysler has already been bailed out three times - once by us - remember Iacocca and the K-car? Once by the Germans...they got rid of it for less than what they paid just to be done with the headache. And most recently by private capital - umm, that was right before the bottom fell out. Who's next? The US taxpayer...again. This is a failed business model and we need to let it die. Bankruptcy does not mean that everything gets shuttered and vines grow through the assembly line...it probably DOES mean that union contracts will get re-worked. Let's get about it...the sooner the better!
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