Auto Industry Bailouts

I've been a consistent, albeit reluctant, supporter of the auto industry bailouts. There are a variety of reasons, some of which include being able to compete with the market for foreign vehicles, the fear of mass unemployment of auto industry workers in America, things like that. For or against the bailouts, one would have to admit that there are positive results... though that won't stop some people from continuing to deny this fact.

Auto industry (and Michigan's economy) making a comeback.

I've heard people screaming that this was all done for the unions, that the unions now own the companies. Well, whatever the case be now, it seems to be working... and this coming from someone who doesn't always like unions, someone who supports the Employee Rights Act, much thanks to my own negative experiences with a union.

Yes, I was pissed about the bailouts being necessary. I still remember when the execs spent several thousands to board their private jets and stay in luxury accommodations in Washington to go ask congress for a bailout. Yeah, I was pissed... and while I'm not certain it wasn't counter-productive for congress to send them back home and tell them to come back via more humble means, I'm sure it's what many were thinking. Very simply, if you are running low on money, save it where you can. It's common sense for most of us.

Myself being in the market for a new car hopefully in the near future, I was actually inclined toward a Ford Mustang. After all, who doesn't love those cars? I've often said that my dream car was a '65 Mustang. For a time, the bailouts kind of cemented that with me, as Ford was the only company who didn't take one. I also liked that they were bringing back the muscle car look. While Mustangs to my knowledge have always been a muscle car, they kind of lost the look for awhile, I think.

But, I saw that other American car manufacturers were also stepping up their game. I loved the Dodge Charger, then in researching that, I learned about my more contemporary dream car, the Dodge Challenger. Are you getting this, Dodge? BLACK. DODGE. CHALLENGER. Dammit. Ah well, to each their own. It's all good ol' American muscle.

The point is that good things have come from those auto industry bailouts. A lot of people like to pin it all on Obama, naming it an example of his socialist agenda. Let's not forget though that it was George "Dubya" Bush that got the ball rolling on these, and he said he'd do it again. Looking at the seeming success of these bailouts, it's almost like watching that once-irresponsible kid finally graduating college with a good degree. Let's hope this apparent success continues.

State of the Union

I don't really plan on watching the State of the Union - I almost never do. But, I can generally predict what the main focal point is. This one will be damage control, and probably more than a little campaigning for re-election. The traditional State of the Union address seems almost pointless. It seems more than anything like a chance to put a positive spin on the happenings of the year in question. Kind of like a performance review at your job... if you did your own performance reviews.

One of the biggest focuses I think will be to put a positive spin on the economy. Now, despite what either party says, it took more than one president to fuck that up. Clinton had a big part in it, Bush Jr. took Clinton's ideas and ran with them, and Obama... I guess he's trying, but he's not really getting it right. It would take one cocky bastard of a president though to fix the damage already done, and the damage that will continue to happen if several groups/businesses/lobbyists/politicians have their ways.

Everyone has an agenda of some type, and most are rather self-serving. I was hearing from a consultant that one of the first questions they are asked is how to outsource... how to move operations overseas. I've explained how this is self-destructive in a previous post, but let's review. The more jobs that are moved overseas, the less money Americans have to spend. If Americans aren't spending money, then businesses in America aren't making money. It's that simple. It looks great on short term profit reports, but such things fail to take in the big picture.

There is also the fact that unemployment numbers are artificially going down. If you were laid off and couldn't find a job by the time your unemployment benefits ran out, you are not counted as unemployed. I'm not sure that would be the same as saying you're employed, just that you don't exist as far as these stats are concerned. A rather biased article on the subject

Of course, that's not to say such artificial inflation of the economy is anything new. Remember Bush's hazy definition of manufacturing jobs?

The news isn't all bad, though. It was recently announced that GM topped all other automakers in the world for sales. It's nice to see an American brand doing this. While I have mixed feelings about the bailouts, it does seem like the automakers have made good use of this. Hell, for my own part, I'm really wanting to get a Dodge Challenger when I can afford one. Figure, that nice classic muscle car look, and all that horsepower... go for a nice sleek, black color. That's a different story, though. Of course, if Dodge wants to give me a free one for the plug...

Anyway, it's just not easy to get excited about a State of the Union address. I think that right now, people just aren't feeling all that optimistic. We've been told that things are rough but getting better for over a decade now. I think it's safe to say that Americans as a whole just want results now.

Well, that concludes the "Raven" State of the Union. You're welcome.