Posted by
rycK on Saturday, November 22, 2008 9:52:28 AM
Speaking in the
Future Past Perfect Subjunctive Tense: “If Bankruptcy Hits Detroit” and Other Blather
from the NYT
The New York Times—aka
the Walter
Duranty Papers operates a screed generation station. They have
polluted the world with all-embracing and
tortuous display of apologizing for Communism, propping up losers like Al Gore,
underwriting the phony
theater of Global Warming
and drooling over the tax behemoth Carbon Caps, advocating the lunacy
of the Princeling of Wails,
celebrating AIDS,
hiding illegal aliens and mumbling about education. They have no other reason
to exist other than to whine and sob and push for more socialism, or
worse. No matter what disaster pops up
from hurricanes to venereal disease epidemics the NYT rushes to show that the taxpayer
must come to the rescue. Has anybody noticed the NYT is going broke?
Purporting
to be written in the literary guise of an editorial, we learn that, very predictably,
Detroit must be bailed out using massive
tax revenue infusions. We read maudlin fluff like this:
“Congress has given Detroit’s flailing automakers less than
two weeks to come up with a restructuring plan that would justify giving them
tens of billions of taxpayer dollars and ensure that they have a reasonable
path back to profitability. We hope it is a good plan, because the lame-duck Congress does not
have a choice.”-- If
Bankruptcy Hits Detroit NYT Editorial Published: November
22, 2008
[Emphasis is mine in all quotes.]This link references all
quotes in this essay unless otherwise stated.
The tune here is called “The Inevitability of
Socialism…….yah yah yoodle ..dinky…donkey doodle…gimme yer money…hoot...toot
and all taxes to the rescue.”
There is no limit to the goodness and mercy
that can be had for humanity if we just keep raising taxes and subsidizing
failure wherever it occurs in our society. To point out that this verbose wreckage
is just an extension of the common leftist tax-whoring,
tautological precept is to waste our time. The Times will never offer anything else.
No choice??
“Unpalatable as it seems to
underwrite the proven record of failure of Detroit’s automakers, Congress must
provide sufficient money to shore them up until the Obama
administration takes office. Then, the new president and new Congress can
decide how to manage either a rescue package with tight strings
attached or a bankruptcy process that ensures the fallen companies have a
reasonable shot at picking up the pieces.”
The translation here is: yes, we know the
greedy unions have sucked the life out of this business and will use their massive
union dues to continue to bribe politicians and other social parasites to
subsidize their greed and poltroonery so they can continue to spread this
contagion. Then O’Bozo will bless and cure.
“Economists Luigi Zingales and Joshua Rauh of the University of Chicago estimated that if
General Motors were to collapse, underfunded pension liabilities would cost
taxpayers roughly $23 billion.”
This sounds like a bargain to me. We should
continue to guarantee pensions based on $80 per hour earnings and other wild
benefits? What happens when the wages rise to $120 per hour or $200. How big
would this bill be in 5 or 10 more years? $100 billion? More?
“It
would still be our choice that the restructuring of blundering auto companies
occur in an orderly way and be combined with a national strategy
to deliver more fuel-efficient cars. Congress, so far,
has failed in its duty to help make that happen. What must be avoided at all
costs is for a big car company to spiral into liquidation.”
These companies must produce sound
business plans because the non union plants in the US can expand and cover the production of cars. The notion that we
can let the Sierra
Club micromanage automobile design is
preposterous. Such a plan will have to truncate salaries and benefits to be
less than $30 per hour to be competitive.
The
unions and C.A.F.E. standards have ruined this business so let us put them into
Chapter 11 and restructure them and see if they can compete in the market place.
I don’t think they have a chance.
We quit
making TVs, watches, textiles and other products on our soil and our
civilization managed to survive so if Detroit no longer makes cars we can
probably muddle through.
Let the
leftists at the Times
bawl. They are part of the problem.
rycK
Comments:
ryckki@gmail.com