Shocker: Dems tell Obama to let the market decide dealership closures

June 6, 4:55 PMDC Republican ExaminerBill Dupray

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The letter was signed by none other than Harry Reid and some of the Democrat leadership. I guess Socialism is okay until some of your constituents (and political donors?) get nailed in the sweep. The Democrats are learning the hard way the lesson that Capitalists have known since at least as far back as Adam Smith: the free-market is, bar none, the only fair, just, and profitable way to judge the quality of a product and the best way to generate jobs and improve the overall economy.

Quotes from the letter, the full text of which is at Politico.

Closing these dealerships will put over 100,000 jobs at risk at a time when our country is shedding jobs at an alarming rate. We also question the criteria being used to determine which dealerships should be closed and the fundamental fairness involved in this effort. It is our view that the market rather than leaving it up to the manufacturers whose poor leadership contributed to their demise. . . .

We believe the dealerships are one of the auto industry’s key sources of strength and the manufacturers should continue to honor their agreements and contracts. . . . While we understand the desire to reduce the number of unprofitable dealerships, no one has yet sufficiently explained the need to close profitable dealerships. . . .

We are also concerned about allegations that dealers that have previously stood up for their rights against the manufacturers are being targeted by these closures.

 

They question the criteria for closing dealerships? You mean political payback to unions isn't a good enough criterion? I guess it might be okay if a dealership is owned by a Republican. Funny how the letter doesn't mention that Barney Frank told GM to keep the plant in his district, which was on the chopping block, open for business. Sounds like sour grapes by the guys who did not get to share in the spoils after the plunder.

So not only do they suddenly and fervently embrace the free market and question the wisdom of raising the unemployment rate by closing the dealerships, they seem to actually care about Obama's running roughshod over Constitutional property rights.

However, we are concerned that manufacturers are closing profitable dealerships to circumvent current contracts which could require expensive buy-outs under normal conditions.

Now that sounds like a letter written by Newt Gingrich, Steve Forbes, or any one of those greedy capitalist pigs on our side of the aisle. Is the tide turning against Obama on this, or are these spineless wonders, who didn't step in to prevent this takeover in the first place, trying to get to the head of the line for pickings from the carcasses?

For more on the Nationalization of GM and Chrysler.

Gibbs:  We're gonna hold on to GM until we are good and ready

New York Times struggles to candy-coat Obama's GM disaster

Noted auto expert Barack Obama cuts Chrysler ad budget in half

Obama's unconstitutional, Totalitarian thuggery on Chrysler