Friday, May 29, 2009
Corleone Corporatism
Unless you've been living under a rock, you know that the Chrysler Corp. is now a ward of the state; and you also know that nearly 800 Chrysler dealers were recently told that their franchise agreements would be cancelled.
When it comes to America's auto industry, it would appear that the Obama Administration is practicing what can only be described as Corleone Corporatism. First, GM chairman was given an offer he couldn't refuse: either step down or the gov'ment wouldn't give GM the money it needed to stay afloat. Then Chrysler and GM bondholders -- folks who in good faith purchased GM and Chrysler debt hoping for an honest return on their investment -- got the screw. They were more or less forced to take pennies on the dollar for their bonds; and when they protested, they were derided as evil "speculators." (In the Age of Obama, anyone who even feigns a desire to speculate in a financial market is evil incarnate.)
Now, here's even more proof for my assertion that B. Hussein Obama and his loopy band of left-wingers are practicing Corleone Corporatism (corporatism in the circa-1930s-Italy sense):
The initial pass at the list of shuttered [Chrysler] dealers showed they had donated, in the aggregate, millions to Republican candidates and PACs and a total of $200 to Barack Obama.
In fact, I have thus far found only a single Obama donor ($200 from Jeffrey Hunter of Waco, Texas) on the closing list.
Another review of all 789 closing dealerships, by WND, found $450,000 donated to GOP presidential candidates; $7,970 to Sen. Hillary Clinton; $2,200 to John Edwards and $450 to Barack Obama.
Now, and this is important, Chrysler claimed that its formula for determining whether a dealership should close or not included "sales volume, customer service scores, local market share and average household income in the immediate area."
Dealer Jim Anderer told Fox News' Neil Cavuto he can't comprehend how his dealership can be among those killed: he stated that his sales volume ranking is in the top 2 percent of all dealers.
Furthermore, Anderer says explanations aren't forthcoming. "They won't tell us. They seem to be running for cover right now because they won't give us a solid explanation. They come up with all these reasons, but none of them seem to make sense... This is insanity. The government is stealing my business. And they're telling me there's nothing I can do about it... There was no process that you could put your finger on and say, 'Hey, we cut 25 percent of the lowest performing dealers.' They didn't do that. Nobody will give us a real clear explanation of the formula that they came up with."
Anyone who's read or watched The Godfather knows that the Corleones rewarded their friends greatly and punished their enemies severely. When it comes to car policy, if you will, Obama and his minions have been doing the same damn thing.
When it comes to America's auto industry, it would appear that the Obama Administration is practicing what can only be described as Corleone Corporatism. First, GM chairman was given an offer he couldn't refuse: either step down or the gov'ment wouldn't give GM the money it needed to stay afloat. Then Chrysler and GM bondholders -- folks who in good faith purchased GM and Chrysler debt hoping for an honest return on their investment -- got the screw. They were more or less forced to take pennies on the dollar for their bonds; and when they protested, they were derided as evil "speculators." (In the Age of Obama, anyone who even feigns a desire to speculate in a financial market is evil incarnate.)
Now, here's even more proof for my assertion that B. Hussein Obama and his loopy band of left-wingers are practicing Corleone Corporatism (corporatism in the circa-1930s-Italy sense):
The initial pass at the list of shuttered [Chrysler] dealers showed they had donated, in the aggregate, millions to Republican candidates and PACs and a total of $200 to Barack Obama.
In fact, I have thus far found only a single Obama donor ($200 from Jeffrey Hunter of Waco, Texas) on the closing list.
Another review of all 789 closing dealerships, by WND, found $450,000 donated to GOP presidential candidates; $7,970 to Sen. Hillary Clinton; $2,200 to John Edwards and $450 to Barack Obama.
Now, and this is important, Chrysler claimed that its formula for determining whether a dealership should close or not included "sales volume, customer service scores, local market share and average household income in the immediate area."
Dealer Jim Anderer told Fox News' Neil Cavuto he can't comprehend how his dealership can be among those killed: he stated that his sales volume ranking is in the top 2 percent of all dealers.
Furthermore, Anderer says explanations aren't forthcoming. "They won't tell us. They seem to be running for cover right now because they won't give us a solid explanation. They come up with all these reasons, but none of them seem to make sense... This is insanity. The government is stealing my business. And they're telling me there's nothing I can do about it... There was no process that you could put your finger on and say, 'Hey, we cut 25 percent of the lowest performing dealers.' They didn't do that. Nobody will give us a real clear explanation of the formula that they came up with."
Anyone who's read or watched The Godfather knows that the Corleones rewarded their friends greatly and punished their enemies severely. When it comes to car policy, if you will, Obama and his minions have been doing the same damn thing.
# posted by Joltin' Django @ Friday, May 29, 2009 
