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We must let them fail!

Xavier Perez

Chrysler needs to go bankrupt, pack up their shit, and let those who actually know what the fuck they are doing build cars.

Why such harsh words for the ignorant giant? Well actually this is not the first time or the second time or even the third time Chrysler has called on federal tax dollars to bail them out. In the 1930s Chrysler was the top dog in the auto industry, even toppling Ford. (Something to brag about during those Depression years!)

Moving to the end of WW II, GM and Ford decided to design cars that would lead the auto industry into the final decades of the 20th century. What did Chrysler do? Good ol’ CRY-sler-for-money decided they would continue with their pre-war strategy of producing an outdated car instead of reengineering a new car for the future.

Chrysler management then began to cry foul at the U.S. government for the automakers' failure to efficiently produced a car of the future citing too many government regulations. (That's before the seatbelt!)

Now you can’t be completely mad at Chrysler. In 1979 they began to admit troubles and sought bankruptcy under Chapter 11 pursuing reorganization. Yet many politicians said at the time their failure would cause the U.S. economy to spin further out of control. Sound familiar?

The lost of this “big” job supplier would add to the troubles caused by high gas prices. Whoa, twilight zone. But in many cases this is the twilight zone. How could Chrysler continue to make the same mistake and the government continue to recommend the same solution? Moving on to the third time Chry-sler-for-money decided to beg for change. (They should have begged for real “change.”)

In 1984, once again Chrysler was back up on Capital Hill asking for money to bail them out of their tough economic times. Chrysler argued their failure would lead to the elimination of thousands if not millions of jobs in the auto industry, manufacturing, and car dealerships. (I swear to God I’ve heard this before!)

Congress recommended that the auto company cut back on management salaries, engineer a car for the future — one that would sustain growth till the end of the century.

Well they did exactly what Congress told them and returned to Capital Hill with the brand new K-car. THE WHAT?! Yes sir, those little grandma cars are what saved the stupid giant from collapse, and Chrysler was granted $800 million in government loans. 

Yesterday the Big Three were on Capital Hill proclaiming they needed $15 billion to hold them till the arrival of the next President-elect Obama in the Oval Office. The Big Three are hoping that Barrack will save them with a New Deal that will sustain their growth into the next century.

But Obama won’t put up with this, right? Wrong. He has suggested that Chrysler cut back on salaries, engineer a car that is energy efficient, and design a car that people will want to buy. CHATA-FUCK-UP!! Are you serious!

It appears that Chrysler and our government has a serious addiction to stupidity. Chrysler has a serious problem and it's one that neither Congress nor a bailout can fix.

A real solution is let these outdated companies retire and go bankrupt. The workers of those companies will just work for the next automaker that will design a car that does not run on oil. (Scary thought)

The ability to relieve our dependence on foreign oil begins with the auto industry and it appears that the Big Three are not concerned with our national security. Tell me again, why are we helping them, again?

Posted by gharman on 12/11/2008 6:07:28 PM
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