That’s Right Nate

Thoughts from a right thinker.

Just Say No to Auto Bailout

with 14 comments

I can’t believe this garbage coming out of Washington about bailing out the automobile industry.  This is one grand march towards socialism and for the $15,000,0000,000,000 that they want to give to these auto manufacturers you could fund over nearly 2 percent of the bank bailouts this year.  What do you get for your money?  3,000,000 less unemployed lazy workers.

The reason that our car companies can’t survive is because of ridiculous union contracts.  You see the companies are actually paying their former employees to be retired and they’re paying for their medical costs.  This is especially frivolous when you consider what a hazardous job life on the assembly line is.  Foreign car companies have been quite successful operating in this country by leaving the health care and retirements of their workers to their own devices.  Afterall, if they can’t afford to take care of themselves, the government has social programs that will step up and foot the bill.  If we want to avoid socialism that’s the only way to do it.

Senator Jim Demit of South Carolina has warned, “We’re going to have riots.  There are already riots because of people rioting because their leaving their job.”  This is an excellent point and I think our need for law and order supercedes any desire to take money that was planned to encourage them to make more fuel efficient cars  and loan that money to the car companies to help them out until the banking industry stabilizes and people can get auto loans again.  I suppose the good news is if we do have riots in the streets, there won’t be a lot of cars inconvenienced by road closings.

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Written by thatsrightnate

December 11, 2008 at 10:31 pm

14 Responses

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  1. “$15,000,0000,000,000 that they want to give to these auto manufacturers”

    Where did you get that number? I was under the assumption the bailout was only $15 billion.

    “when you consider what a hazardous job life on the assembly line is.”

    So, it doesn’t make sense for people with more hazardous jobs to be taken care of better?

    micheallawrence

    December 11, 2008 at 11:10 pm

  2. The problem with providing health insurance to people with hazardous jobs is that they’re more likely to make a claim, pushing up premiums for the rest of us. Not only that, but their health problems tend to be of the expensive variety, like missing legs and asbestos-induced lung cancer. It’s clear that people who voluntarily take such a job should be expected to cover their own health costs.

    Fraser

    December 12, 2008 at 4:45 am

  3. “Where did you get that number? I was under the assumption the bailout was only $15 billion.”

    $15,000,000,000,000 is $15 billion.

    “So, it doesn’t make sense for people with more hazardous jobs to be taken care of better?”

    I think Fraser answers that question very well. The problem is they tend to have more health problems as well as more expensive health problems.

    thatsrightnate

    December 12, 2008 at 6:33 am

  4. http://wiki.answers.com/Q/How_many_zeros_are_in_a_billion

    Maybe if you are using long scale. But when talking about dollar amounts, people tend to use short scale.

    Is it all about money to you? Do you really not care enough about other people that you are willing to disenfranchise people because of their job? What do you do for a living, exactly?

    micheallawrence

    December 12, 2008 at 9:37 am

  5. Of course it isn’t all about money. I just don’t want this creeping socialism. What about the free enterprise that has built this economy in the first place? If you must know I don’t have a job dependant on handouts. I own and operate one of Chicago’s best self-storage businesses since my dad built it 40 years ago.

    thatsrightnate

    December 12, 2008 at 12:16 pm

  6. Good to see another Chicagoan. And, with all due respect, isn’t your job just one big handout? I understand inheriting a family business and getting money from the government are two completely different things, but not everyone has the luxury of that.

    There are many people in this country who don’t have the same opportunities. I am all for people “pulling themselves up by their own bootstraps,” but in many cases, that is not possible.

    In the case of the auto bailout, we are talking about hundreds of thousands of people losing their jobs because of poor decisions by executives. Why should the working class have to pay for these mistakes? Why not have the government step in and make sure that it doesn’t happen again, and make sure that people keep working?

    micheallawrence

    December 12, 2008 at 1:05 pm

  7. My job is most certainly not a handout. Sure I took over my dad’s business, but if you had read my post http://thatsrightnate.com/2008/04/21/us-fears-shortages-of-gumption/ you would know that my dad grew up in a barely upper middle class home. He built the business by the sweat of his brow and I don’t feel it is my responsibility to take care of the children of people who couldn’t be bothered to establish a business for their own children to take over.

    The problem is what you’re describing isn’t America. Whatever happened to people surviving based on their own talent and hardwork and not on government handouts?

    thatsrightnate

    December 12, 2008 at 3:44 pm

  8. I appreciate your sentiment about the auto bailout. I agree that with these bailouts we are headed toward nationalization and socialism. I have a blog at http://issuesoncall.blogspot.com where I discuss many of these issues. I have added you to my links on my site and hope you can do the same. I have also fav’d you on technorati. Thanks a for the interesting post!

    Natasha Call

    December 12, 2008 at 3:53 pm

  9. “The problem is what you’re describing isn’t America. Whatever happened to people surviving based on their own talent and hardwork and not on government handouts?”

    That’s my issue. If you truly believe that it is possible for everyone in this country to be successful based on nothing but hard work, then you are blind to what is going on in the world. Racism, sexism, and ageism are all huge factors in the workplace. There are factors in our society which make it impossible for some people to advance in life.

    I’m not saying the government should pay for everything, but it should step in when the welfare of its citizens is in danger.

    micheallawrence

    December 12, 2008 at 4:36 pm

  10. Nathasha – Thanks,when I update my blogroll I’ll include yours.

    thatsrightnate

    December 12, 2008 at 5:07 pm

  11. Micheal – How can you say we still have racism when Barrack Obama is President? Or that we still have ageism when most of the world is controlled by old white men? No, it isn’t possible for everybody to succeed on nothing, but hard work. You also need to have talent.

    The current economic climate is pretty hard for a lot of people in the self-storage business the same as all businesses. My company has thrived though because while others looked at this as a crisis with people unable to keep up payments on their storage units, I saw it as an opportunity. Now we’re making more money because of selling off stuff left behind than we ever would have made from the fees. I just sold an entire child’s bedroom set for $400 over $80 in fees. Not everybody recognizes opportunity though.

    thatsrightnate

    December 12, 2008 at 5:13 pm

  12. You’re a mean one Mr. Grinch.

    andrea zuckerman

    December 12, 2008 at 5:17 pm

  13. Just because Barack Obama is President does not mean that racism is gone. The fact that you even believe that really makes me wonder if you understand what is going on in the world at all, or our country for that matter.

    I have no problem with people who appreciate hard work. I don’t have a problem with people who make money from nothing but the sweat of their brow. I do have a problem when people that are successful become detached from the real world. For example, before the Civil War, the majority of slave-owning whites believed that they were doing blacks a favor. Many slaveowners thought that blacks were better off compared to the wage-earning classes in the North and Europe.

    Don’t you think that it’s possible for one’s own social and economic roles to cloud their judgement?

    micheallawrence

    December 13, 2008 at 4:22 pm

  14. I definitely do believe that. If you don’t mind reading books (I do) I really recommend Michael Medved’s new book about the 10 Big Lies About America. He explains that this country wasn’t built on slavery because the slaves were lazy and the states that had slavery had a poor economy.

    thatsrightnate

    December 13, 2008 at 10:15 pm


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