No, a thousand times no, they should not be bailed out. It’s not anything to do with that “wah wah the economy makes it so no one is buying cars …” lame FAIL of an excuse. Toyota is solvent. Volkswagen is solvent. Hyundai is solvent. Even in spite of protectionist policies that shielded the Big Three for so many years, the bad management, top-heavy business structure, entitlement mentality and infinite greed combined with an inferior product is still causing them to have liquidity problems. Fuck em. They should file bankruptcy and their workers can go work at the Hyundai or Toyota plants in the South. And Chrysler isn’t even publicly traded, so super extra FU to them, if we can’t even own shares in the company why in the holy hell should we give them our money.
It is not the responsibility of the workers to subsidize the continued failure of bad business practices by the robber barons of the ruling class.
But what about all the jobs that will be lost?
Jobs are already being lost, bailout or no.
And they’ll have to take that up with the people who mismanaged the company in the first place.
The first thing people need to realize working in this type of economic system is that you are not entitled to anything. Nobody is entitled to a job. Nobody is entitled to a certain standard of living. And if the people that you put your faith and trust in to give that job and standard of living to you fail, you will have to go down with them unless you can innovate and make something else happen, be it getting another job or going into business for yourself.
I consider anyone receiving a salary from any company bailed out by the government as a welfare recipient.
It is going to take a lot of tragedy, a lot of suffering, a lot of real poverty, for people to realize that free market capitalism isn’t as free as you’d think it is.
In tragedy there is opportunity. Maybe this is the change we need.
