The U. S. is Committing National Suicide
Growing up as a teenager in the 1950s, I could not wait to get my license to drive and I liked the sporty look of the British MG. These days I drive a Volkswagen. In that short tale can be found the seeds of the end of the American auto industry.
Here’s some history. In 1952, the merger of several British auto companies resulted in the British Motor Corporation. It was the largest of its day with 39% of British output. Despite established dealerships for the various models, a series of poor management decisions resulted in the loss of market share.
By 1968, British Leyland was formed out of British Motor Corporation and became British Leyland Motor Corporation Ltd. In 1975, it was partially nationalized, and the government became a holding company.
By 2005, the MG Rover Group went bankrupt, bringing to an end the production by British owned companies. The MG became part of Chinese Nanjing Automobile.
The 1970s were difficult economic times for the
In 1984, Jaguar Cars became independent once more through a public sale of its shares, but the
Anyone who thinks that General Motors will revive is wrong. As Larry Kudlow, the radio-TV business maven, recently wrote, “Taxpayers won’t get their money back” and that figure now stands at $50 billion.
Both GM and Chrysler should have been allowed to choose bankruptcy months ago, but the
That news is bad enough, but consider now that the
The Telegraph, a British newspaper, recently did the math on the price of “green” cars, noting that the present
Not only will the automobiles cost more and get less mileage per gallon, but the Congressional Budget Office last month reported that “the increased use of ethanol accounted for about 10% to 15% of the rise in food prices.” That’s because the main ingredient of ethanol is corn. That is insane.
At the same time, the government refuses to permit exploration and extraction of known oil reserves in the nation’s interior and off its continental coastal shelf despite estimates of literally billions of barrels of untapped oil.
In the Bakken Formation under
There is one, single reason why we can’t get at those oil and natural gas reserves, as well as being denied access to the massive amounts of U.S. coal reserves. It is the environmental organizations that maintain a campaign against energy use in the nation.
This campaign is coming to a head with a “Cap-and-Trade” bill making its way through Congress that would impose a huge tax on “greenhouse gas emissions” by every industry and business that produces or uses energy. It has no scientific justification. Even the Environmental Protection Agency’s Office of Transportation and Air Quality has released a study demonstrating that the reduction of CO2 emissions would be minimal at best, but such reductions are absurd because there is no global warming.
Reducing greenhouse gas emissions in the midst of a historic economic crisis, at a time when such emissions will continue in other nations around the world, and when such emissions are known to have no effect whatever on a totally bogus “global warming” or “climate change,” is a program for national suicide.
Government control of the auto industry is now merely a prelude to its eventual end. Jobs will disappear forever. “Green jobs” are a myth. The economy will suffer a grievous loss. And, if you draw the lessons from the British experiment, you can accurately predict the future of our auto industry.
Only if control of Congress by the Democrats is ended can measures be taken that will permit the nation to turn away from the destruction being inflicted upon it. Vote in October 2010 as if your life, your children’s lives, and your grandchildren’s lives depended upon it, because it does.
Statement of Policy.
Learn about Mr. Stolyarov's novel, Eden against the Colossus, here.