Did everyone watch the Clint Eastwood /Chrysler commercial?
It is a heartfelt speech about how Detroit is making a comeback, and how great America is, using Chrysler as an example. (American Exceptionalism)
“It’s Halftime in America” – Official Chrysler Commercial from 2012 NFL Championship Game
Didn’t Chrysler beg the government for a massive, illegal, bailout, then declare bankruptcy, then illegally bypass contracts and obligations of lenders to give ownership to unions?
Isn’t Chrysler owned by an Italian company now? (Fiat)
IS THIS REALLY THE EXAMPLE OF A GREAT AMERICAN STORY OR AN AMERICAN COMEBACK?
The ‘second half’ of American history will be one of massive failure, followed by massive intervention of massive government force using illegal means and borrowed ‘money’ to pick winners and losers? Well, I guess SOME lucky people still have a job, right? (what is the real cost of printing all that money, circumventing all those contracts, stealing from some to reward others?)
I’m asking. I don’t live in Detroit. I hear is kinda sucks as far as cities go. After 50 years of socialist policy, corrupt political dealings, crony capitalism, and strong labor unions have all but destroyed what once might have been a great ‘model city’.
RELATED: http://www.stansberryresearch.com/pub/reports/201112PSI_issue.html
This LONG article is excellent… and uses Detroit as an example in part of it. It defines and address the most pressing problems we have as a nation. I highly recommend every American read it. (bias alert –this guy is in the business of selling financial advice)
I wanna hear what you think! Feel free to set me straight on these things!