Auto Bailout

Much has been said concerning the so-called ‘Car Czar’ and the auto bailout. Clever blogsters started calling it the ‘Failout’ while many in the media are proclaiming the auto industry as ’simply to big to fail’ (I’m sure the Romans, Mongolians and Ottomans would love to sit and listen to that line of reasoning). 

One thing is certain, the absurd amount of money (Bloomberg reports the actual amount of promissory notes is now over 7.7 trillion dollars) being printed with the express intent to debase our currency and redistribute moneys, is achieving something early American Communist groups could have only dreamed of… the nationalization of the United States’ sacred cow, the industrial sector.

While you may or may not support the auto bailout plan, what has to frighten you as a tax-paying citizen of a country, which forcibly promotes democracy to other nations, is how the democratic process is thwarted, even turned on its ear. 

News out of Washington states the Whitehouse will now take strides to ‘act in the interest of the country’ and assign TARP money to the failing auto companies, since Congress hates America (the obvious and obnoxious sarcasm is my own.)

Such a brazen disregard for the one thing we say separates ‘us from them’ is atrocious.  Words much stronger might have been offered up years ago, but we are a more distracted country now, and more interested in the Thursday night line-up on television or viral videos on YouTube.  Sigh. 

I suppose one can only pay the piper and join in.  Thank goodness for Congressman Ron Paul, perhaps the last bastion of hope for freedom loving Americans.


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