Sunday, December 14, 2008
A Separate Country ?
When I was a child, I had this belief that adults did the right thing. Unfortunately, as we all grow up, we see that adults don't always do the right thing or the smart thing. Some of us have even become those adults that have done the wrong thing, or the not so smart thing. The difference between those of us here, in our towns and cities, is that our decisions are, for the most part, based on what we think is the right thing to do for ourselves or our families, but not the entire nation. I wish I could say that for the Republican Senators in Washington that have opposed the loan to the American auto makers. After championing government deregulation for so many years, and, undoing the safe guards put in place during FDR's years as President, the Republican Senators are now pulling together to cause this nation, if not a longer recession, than what very well might become a depression, by their stupidity masked as political ideology. When the amounts being asked for by the American car makers is compared to the amounts of money given to AIG, the insurance company, you have to wonder, is class warfare alive and well in America in 2008? To ask so much from the UAW, in my opinion, is to set them apart and make them the scape goats of an economic disaster that was armed by the very Senate that is now refusing to give a hand. When the economic historians sit down to write the history of this period, they will no doubt recognize the gall of the Southern Senators and the role they played in deregulation of the banking and securities industry, while at the same time wanting to shift the blame for the failure of the auto loan program to the UAW. I am amazed that the talking heads have not seen through this weak attempt at class warfare by the Southern Senators to blame the unions. Sometimes, I wonder if President Lincoln did the right thing, perhaps the South should be a separate country.