GUESS WHO’S ROLLING OVER???
(CBS) As Congress mulls over a bailout for U.S. automakers, some may be thinking about more than jobs and the economy.
The auto industry spent nearly $50 million lobbying Congress in the first nine months of this year.
And people tied to the auto industry gave another $15 million in campaign contributions, CBS News investigative correspondent Sharyl Attkisson
It’s not surprising that a lot of that money went to members of Congress from Michigan, where the auto industry is the biggest employer and politicians are passionate advocates for their constituents.
Take Sen. Carl Levin, who received $438,304 from the automotive industry. And in the House, Rep. Joe Knollenberg received $879,327. Rep. John Dingell got nearly a million from the industry. All have enjoyed generous support from the auto industry over their careers, with GM and Ford as their two top contributors. All support a bailout.
But nobody’s been a bigger advocate for Motor City interests than Dingell. And for him, the stakes aren’t just political, they’re personal. LINK
It appears that what we are seeing with this attempted “Bailout” is a dramatic shift in our economy from a consumer driven, free market model to a central committee, politically driven model. A model that history points out has failed time and again. Washington politicians have now taken an active part in dictating the course of free enterprise. They are worried that if they let the Big Three automakers fail (AS THEY SHOULD) they will lose some of their political muscle not to mention hefty campaign contributions.
What happens when politicians and bureaucrats interfere with market based economies? Well there are plenty of examples. Take Robert Mugabe and Zimbabwe for example. A once prospering agriculture sector was utterly destroyed and replaced with famine and starvation. Well done Bob.

GAME CHANGER He 280
But one of my personal favorites is the Third Reichs battle between the Messerschmidtt 262 and the Heinkel 280 to be the worlds first operational jet fighter. Nazi internal politics intervened and Heinkels early design HE280 was shelved. It was well established that Ernst Heinkel was no fan of Hitlers Reich and his lack of political loyalty and connections cost him the contract.

ME 262 POLITICS AS USUAL
By the time Hitlers favorite Willie Messerschmidts ME 262 became operational later in the war it was too little too late. The Germans had lost a golden opportunity to field a “Game Changer” early enough to be effective. Had the Luftwaffe hierarchy embraced the HE 280 for what it was when they had the opportunity instead of letting politics dictate, they would have had an operational jet fighter long before the allies and history may have turned out much differently.
Had the He 280 become operational, it would have had no possible opposition, and at a time when the Third Reich was at its wartime peak. It would have swept enemy opposition from the skies over Britain, allowing for operation Sealion to go forward unopposed. Along with the Fw190 and good old Me109, it would have smashed North Africa and possibly the Soviets with it. And then where? Who knows. This is a fine example of the luck that certainly played a part in the eventual Allied victory. LINK
So now our Congress is deep into the bailout business now. They are using tax payer money to dictate what corporation lives or which firm dies. Like the Air Marshalls of the Third Reich, little thought will go into what is best for the economy. The decisions will mostly be made with political considerations first and foremost. Like the eternal loyalty of the UAW. It’s a quid pro quo plain and simple. And it’s wrong, history will bear that out.
The Big Three have had their chances. Now it’s time for a game changer, before it too late.

Posted by CaptainAmerica 
Posted by CaptainAmerica 
Posted by CaptainAmerica 







