Sunday, March 29, 2009
Bailout or Political Payback
Well it appears we are going to try another stimulus package for the auto industry. The real question is, is this to help the auto industry or political payback to the UAW for their support during the presidential campaign? Whether you know it or not, our tax dollars are being used by the president and Congress for political payback for union support of Democratic candidates. So if you are employed, keep working hard and if you can, get a second job so the government can collect more of your tax dollars for thier political causes. It would be so much better for the auto industry to declare bankrupcy and reorganize to become a more streamlined industry that would be able to compete with foreign auto manufacturers. But that would mean a change in UAW contracts, and we know that will never happen. So we will just keep pouring good money into bad businesses. Why not, since it is not the government's money, but the taxpayers and we can always increase the workers taxes to pay for all this spending. Remember, socialism by any other name is still socialism.
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