Tuesday, March 31, 2009

what the fiat?

Personally, I think that Obama has every right to push his weight around with GM right now. I mean, we elected him, GM is now in a position where the federal government is their biggest shareholder, so by the transitive property the man the taxpayers have chosen as their representative is now the de facto chief executive of GM, right? We put Obama in charge of our money, and GM is now using our money to try and survive.

I also think that the Fiat move is one of the first truly globalized solutions proposed by this government to bring GM out of its dependence on the American federal dollar and into the world of actual free-market competition.

GM has always been exceptional, always the American trust fund baby, allowed to clutter the highways and driveways of America with cheap, ugly, gas-hungry cars that nobody really wants. It has been bailed out despite its proclivity toward creating a product that is far inferior to that of nearly every single one of its competitors (except Kia. Kia is still crap).

It's about time GM were forced to play well with others and collaborate with the innovators abroad. You know, people in Europe for whom the troublesome issues of workers' rights, unemployment and expensive fuel have been a reality for decades. Free market folks like my dad always balk when a federal body starts asserting itself over a business, but the truth about GM is that it has been entangled with the federal government and the American economy for so long that it never has been, and never truly will be, a completely private organization. America owns GM now. We need to cut off its allowance, force it to go to work, and force it, at LONG last, to learn from its numerous mistakes.

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