Free Markets, Free People

Politics 101

One of the basic laws of politics, which even the kid running for class president should know, is if you’re going to bash your opponent on an issue, you’d better have your ducks in a row on that issue or it is you who will come out looking idiotic.

Debbie Wasserman Shultz, the chairwoman of the DNC, recently tore into the GOP presidential contenders who were opposed to the bailouts for GM and Chrysler.

"If it were up to the candidates for president on the Republican side, we would be driving foreign cars; they would have let the auto industry in America go down the tubes," she said at a breakfast for reporters organized by The Christian Science Monitor.

As you’ve probably already guessed Wasserman Shultz doesn’t drive an American car, and certainly not a GM or Chrysler model.  Nope – she drives an Infinity.  It’s up to the little people, apparently, to “buy American”.

There are several ways Wasserman Shultz could have approached this issue without inserting “foreign cars” into the mix.  But she didn’t.  Apparently she didn’t think about her words at all before she spoke out.   She comes from the “blurt and backpedal” school of politics which makes for great blogging fodder for those of us out here in the blogosphere. 

Of course, the fact is the federal government shouldn’t have been involved in the bailouts and had the two car companies gone into bankruptcy, they’d have most likely emerged by now, leaner, meaner and more fiscally sound.   As it stands now, we simply don’t know if they have the long range fiscal soundness they need to compete and make a consistent profit because, that process was interrupted and we ended up subsidizing failure and discouraged future investors with the way the previous investors were treated (compensated) and how ownership was then divided.

"They can try to distract from the issue if they want," said DNC spokesman Hari Sevugan. "But if Republican opposition researchers are snooping around garages, they should know that if Republicans — who said that we should let the U.S. auto industry go bankrupt — had their way, they wouldn’t find a single American made car anywhere."

Uh, hello in there – Ford? 

~McQ

Twitter: @McQandO

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17 Responses to Politics 101

  • If THE LAW had been followed, and GM and Chrysler had gone INTO bankruptcy, the chances are they’d be OUT of bankruptcy now.
    They would have EMERGED from a rational, well-understood, and very rule-driven process.
    That WOULD have happened, except for the fact we live in the Obamabanana Republic.  Those cronies HAVE to be protected (or privileged), and the law be damned.

    • I think that the problem is that the word “bankruptcy” scares the sh*t of of most people, conjuring images of food stamps, losing the house, and transport to Australia.  Therefore, “saving” somebody from it seems like a good idea.  The dems and MiniTru have also been very careful to let everybody think that GM or Chrysler going bankrupt would mean shutting the doors for good and all, throwing thousands of people out of work FOREVER.

      Didn’t you know that the purpose of a company is to employ people, and that (therefore) the purpose of government is to see to it that companies stay in business no matter how inefficient they are or how lousy the market for their goods may be? 

      /sarc

      • That raises a rather simple problem of education.  Did you know that (last time I looked) there’s still an Enron?  A two minute discussion of the process would dissipate fears (I know people attach stigma to the process…I deal with it).
        On the other hand, I’m (slightly) miffed that our side keeps referring to “bankrupt Medicare”.  That’s DUMB.  Medicare will not…CANNOT…go “bankrupt”.  It can damn sure go broke, and it can take our economy down…along with other DEPENDENCY programs…with it.
        The real choice is this: rational change or chaos.  In the case of the automakers, Obama chose chaos in the service of…not even present or future UAW people…but MOSTLY the pension plans.  This was an INCREDIBLE chapter in our history.

  • But if Republican opposition researchers are snooping around garages, they should know that if Republicans — who said that we should let the U.S. auto industry go bankrupt — had their way, they wouldn’t find a single American made car unionized auto worker anywhere.


    Fixed it for her.

    McQWasserman Shultz doesn’t drive an American car, and certainly not a GM or Chrysler model.  Nope – she drives an Infinity.  It’s up to the little people, apparently, to “buy American”.

    Hilarious.  O’ course, I don’t expect MiniTru to give this a passing notice.  Just like Jean-Francois Kerry’s yacht, Bawney Fwank’s “partner” at Fanny (or is it Freddy?), the big-time jack that DiFi’s husband was making from government contracts pushed by her, or the latest news about how rich members of Congress – especially democrats – are getting from insider stock info, MiniTru is uninterested in the lifestyles of the rich and famous when they are democrats.

    Socialism is NEVER for the socialists.

    Anyway, this whole thing is about shoring up Captain Bullsh*t’s polling numbers in Michigan.  You know: remind the decreasing number of people there who still have jobs that they owe them to him.

  • American cars still run on gasoline and diesel, move on rubber and have plastic components don’t they? I assume that the same Democrats that saved GM and Chrysler from bankruptcy and the supposed loss of thousands American jobs will be working just as hard to ensure that the industry that supports all that will be encouraged in America by opening up more oil and gas fields, encouraging firms to move business to America, helping the industry recover from the BP debacle etc etc and definitely not throttling it so that jobs are lost and rigs move to actual productive parts of the world.

    No, thought not!

  • The DNC chairwoman is probably more shocked that the media actually reported this than anything.

  • they would have let the auto industry in America go down the tubes

    >>>  Detroit took care of that by themselves.   I’d rather not buy American, why should the unions be rewarded?

  • My Honda was built in Ohio. So there would have been an American made car to buy even if the Big 3 turned to dust.

    • BMW has a very nice US plant (at least one).
      But there are perhaps a few dozen American companies building cars here.  They just aren’t the BIGs, and I expect most are using not UAW workers.

    • Kind of how having a McDonalds in you city means your city is a big player in the food industry.  Although I double they raise cows in the basement and grow lettuce on the roof, they ‘make’ burgers there.  So that must mean the food industry is alive and well in your city.
       
      Those Honda plants are just so American, the fact the Tsunami has forced them to curtail production is just an anomaly.  The 10 or so plants GM has in Ohio alone backed up by many suppliers here, trucking here, engineering here, etc. keep chugging along though.