Like the persistent decrepit beggars outside any Hindu Temple in India, the three Detroit Idiots are begging, beggingÂ and begging.Â
America’s strugglingÂ auto makers Ford, GM and Chrysler fell to the lowest point of their existence today when the CEOs of the three auto companies went before the U.S. Senate Banking Committee and shamelessly begged for $25 billion from the $700 billion TARP (Troubled Asset Relief Program) initiative to save their asses.
We say let them die.
The last time we checked, the governing ideology of our country has always been Capitalism. Not Bailoutism of idiot managements.
For decades, GM, Ford and Chrysler have put out junk cars that no one wants to buy.
For the last few years, they’ve mostlyÂ survived by offering hefty rebates, low interest orÂ no interest loans, employee pricing and other gimmicks.
Do not give the three Detroit Idiots a dime and let the chips fall where they may.
Even Senator Christopher Dodd (D), Chairman of the Senate Banking Committee and a supporter of assisting the auto companies, expressed his displeasure:
Their discomfort in coming to the Congress with hat in hand is only exceeded by the fact that they are seeking treatment for wounds that are to a large extent self-inflicted….No one can say they didnâ€™t see this coming.
Assisting the greedy, incompetent swines on Wall Street was bad enough and to throw money at the three Detroit idiots would be nothing short of sinful.
While the auto companies blame their currentÂ plight on the credit crunch, we see their shoddy cars and years of mismanagement as the culprits.
GM, Ford and Chrysler together employ about 239,000 workers in the U.S.
We have never been great supporters of the Republican Party but in turning a Nelson’s Eye to the self-inflicted plight of the American auto-makers, we are with the GOP.
American auto makers have been on life support for a while and it’s time to pull the plug on these dodos.