Wednesday, December 10, 2008

American Automotive Industry and the Economic Crisis

Given the choice would you drive a Tahoe or a Camry? If I could afford the Tahoe, I'd damn sure drive it.

This has as much to do with the credit crunch stopping people from buying shit as bad cars. Remember, gas is down over $2 a gallon and people still aren't buying...ANYTHING. Hyundai is off 40% in Alabama - where a lot of people buy Hyundais because we make them here and people have some hometown pride.

People aren't buying a gotdamn thing - and the sad thing is that the credit crisis is glossing over the fact that the reason motherfuckers are in debt is because actual wages haven't risen since Reagan was the president - we need credit because the dollar is artificially inflated in terms of what the fuck it will buy you.

Also - this whole thing is the biggest fucking scam in the history of the world, and i just can't figure out who is benefiting, or I'd be like some crazed monster-sized Chomsky out there.

Lemme get this straight - people leveraged and sold derivatives until they equalled more than 800 times the actual money available in the entire goddamn world and now they are shocked that the house of cards has collapsed and want the government to back all of this shit so they don't go broke? Fuck 'em in the ear.

Sadly, while I type that, I understand that the government has to do all that, and probably will have to auction off the original Declaration of Independence, The Liberty Bell and let the New York Yankees be renamed the Shanghai Shiteaters just to make sure we're not all wearing tattered rags or pushing a shopping buggy down the road and muttering to ourselves by this time next week.

As in: meet the new boss, same as the old boss - and in 3-4 years we'll think of this like the savings and loan "scandal" - some dumb white boys got all hot about "the gubmint" gettin in the way of "industry and capitalism" convinced their cronies friends to deregulate a bunch of shit, made and lost more money than your average American makes in his entire life time, had the feds bail em out, all the while wearing ostrich boots and eating Belgian Endives and Quiche in a can, whistling past the graveyard....except there is no graveyard except for all of us assholes who think that shit ever changes, or in reality, is ever different.

There's been nothing new under the sun since Solomon, and this is just another grand shuck.

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