Friday, December 12, 2008

Detroit, America's Sacrifical Lamb?

Isn’t it interesting that the United States Congress voted to bail out a corrupt, selfish, and non-contrite Wall Street, yet when asked to bail out one of America’s foundations of industry, they refused. Republicans voted to give Republicans taxpayers money, but those same Republicans stymied a Detroit automakers bailout. Nancy Pelosi, in what has appears to have been a substantive overview of American automakers policies, scolded the CEO’s of the big three like they were spoiled children. She remarked that the big three have “battled Congress tooth and nail,” over government regulation. Behind the closed doors of the Bush White House America is not familiar with this battle. We were not aware the auto manufacturers themselves were being recalcitrant to Al Gore’s ideas about the internal combustion engine. We know that Republicans bought the vote in Florida to get George W. Bush elected, and with that victory Gore’s notions about automobiles and Global Warming were transplanted to Georgetown University away from the White House. It is extremely interesting to note that our American government has attempted to guide the big three in a conservative direction. Why do I find that hard to believe? Why would Republicans give Wall St. billions of dollars and yet use Detroit as a vulnerable scapegoat? Is it the irony and immediacy of the media? Is it a knee jerk reaction? There are many Americans that believe Detroit has not kept up with Japanese automakers. Like the political disparity between the Left and the Right, it seems you either like Toyotas or Fords, cats or dogs, or straight or gay. Detroit has continued to manufacture cars without necessarily duping the American people into sub-prime mortgages that necessitate foreclosure on their homes. Americans can choose which cars to buy, and apparently in the American housing market that isn’t quite true. There is a monopoly on home loans, and therefore it seems anti-trust laws should apply to Wall Street. Has Detroit bullied the American people into bundling Fords into their everyday operating systems? American have been free to choose which automobiles suit their needs and desires, and as budgeting adults we have been faced with the task of knowing which cars we can afford to operate. Credit fraud crept into Americans’ lives easing the pain from our realization that we can’t really afford what we want. We were baited and switched, and Wall Street’s conundrum equally is responsible for Detroit and our homes. Why should Congress discern differently? That is the question.