by John Galt
July 13, 2009
Don’t buy American!
That is something that I never in a million years I thought I would ever utter, type or think about in my lifetime. As a life long Ford or Dodge truck owner at one point or another, I always dreamed of buying that next pick up with the big V8 or the small one with a four or a six when I felt practicality surpassed power, comfort or luxury. Yet here I am, at the point in my life when luxury, power and comfort should be my only concern, probably facing my last chance to purchase a new vehicle and I have no desire to do so. Especially since the companies I once knew and loved have become the nemesis of everything I grew up understanding what America stood for. Sadly thus, when it comes to purchasing a new vehicle, if it assembled by the United Auto Workers I must say:
Don’t Buy American.
Why the harsh statement? Why sound so ‘un-patriotic’ in some people’s eyes? I don’t care if I change any minds or not. But if I were to go out and buy a new vehicle, it would be assembled by Americans in Ohio or Kentucky, Alabama or Tennessee, but not by anyone who is a member of the United Auto Workers or the companies that formerly made up the “Big 3″ in our nation.
The bankruptcy process used by the government to take over two of our auto manufacturers was done not to preserve the manufacturing base nor done to fulfill any legal or Constitutional obligations. In fact the U.S. Constitution only provides for bankruptcy as an option and no where does it state that the Federal government has the implied right to take over corporations and impose contractual settlements on private parties. Yet this administration in one of the boldest and most blatant violations of the Fifth Amendment rights of the secured bondholders elected to use the power of the gun and intimidate and impose a settlement to benefit a group of union thugs as payback for their election support.
In the Chrysler bankruptcy settlement, the U.A.W. which held no secured debt nor equity received a 55% stake in a company they only worked for before the process began. In the General Motors bankruptcy, once again the U.A.W. held now secured debt or equity yet receives a 17.5% stake in the new company. In both cases the taxpayer is guaranteeing that the U.A.W. health care and pension programs are guaranteed in full by the taxpayers via bond issuances from the new company that have the backing of the U.S. government, something unheard of in any corporate bankruptcy proceeding prior to this time. Meanwhile school pension funds and little old ladies who purchased the debt from these two corporations are essentially being told that it would do them some good to bag groceries or greet at WalMart instead of sitting at home retired at age 80 as they had prudently planned their retirement by buying G.M. or Chrysler bonds and the legal obligations of those bonds would insure a safe flow of income. The U.A.W. did not even comment on this aspect of their thievery beyond saying “paper or plastic” to those elderly souls.
And you want me to buy what?
What the government, in this case an out of control administration usurping its Constitutional authority much like the prior group of clowns, is imposing is a new type of corporate structure where all decisions flow via Washington, D.C. instead of through the previous organizational ideal with bondholders and shareholders steering the direction of corporations. What makes matters worse is that technically you and I are now no longer supporting freely run companies when we purchase an American vehicle. It is only a matter of time until Ford is forced into a similar agreement as there is no indication that the economy will recover to the point where auto sales will increase to numbers high enough to keep domestic manufacturers viable on their own. When you buy a vehicle assembled by the U.A.W. you are not only paying a bunch of leftist thugs and bureaucrats in Washington, D.C., you are paying the union directly and indirectly. Your monies are now flowing into their coffers since they have considerable ownership stakes in two of the manufacturers. When you pay your taxes you are also funding the U.A.W. and supporting their anti-Constitutional cooperative agreements created by America’s stealth Socialist regime.
Essentially speaking, when you buy American, you are insuring that the instruments of our own destruction via a left wing cabal which finances anti-American leftist candidates funded by unions like the U.A.W. and now has a guaranteed supply of funding thanks to the tax structure. Vehicle purchases from Chrysler, Ford or General Motors create bonus monies which can be used to funnel even more money to the radical left wing agenda which does nothing to improve the nation’s competitiveness nor America’s economy.
Thus from this date forward, I can not buy an American assembled vehicle and those talk show hosts and other endorsers of their products are doing nothing more, in this writer’s opinion, than funding a further expansion of government which eventually will be used to silence their voices and insure a future which further deprives Americans of their freedoms and ability to enjoy the fruits of their own labor and creativity. I am not telling you what to do. But by supporting the U.A.W. you are paying for the future destruction of America as we knew it and guaranteeing we will forever be subjected to a socialist agenda far more expansive and intrusive than the plans being implemented now by this administration.
Edit to add 7/13 1630 ET:
Thanks to a friend at Frugal Squirrel’s the list of domestic and foreign vehicles assembled by the UAW and CAW is available. Boycott them all.