Vilified! - Red Meat for Conservatives from a Guy who’s Got a Lot of Beefs

Date: 6/09/09

The Last Temptation of Chrysler

Chrysler died for our sins.

We didn’t buy enough…

The company didn’t make a vehicle good enough…

Obama wasn’t humble enough to defer to real bankruptcy laws and just let it fail.

So, it was crucified in a long, drawn out affair instead of just being allowed to die with dignity in bankruptcy court.

The Obama administration barely kept it alive with billions of dollars from the TARP program (money only meant for banks and other financial institutions) yet even these nails through Chrysler’s broken body merely served to hold up a body destined for certain death.

The problem with the Chrysler plan is simple: the people who should be getting the most compensation for their investment – seem to be last in line. It’s as if Jesus’ most favored disciples got to the Last Supper late and there were just a few crumbs left and barely a sip of wine.

“Sorry guys. Thanks for your support but the Romans got me on a schedule.”

But, the all-knowing, all-favor-granting Obama Administration has a different master plan: play politics by rewarding the United Auto Workers first and the guys legally entitled to the best return on their investment last.

The “Joe the Plumber” problem rears its ugly head. Of course, no one on the right is surprised that Obama is doing what he said he’d do: redistribute the wealth. In this case there’s less wealth but more equity and ownership and Obama is making sure his pals in the UAW get theirs.

Now, two pension funds from Indiana who are Chrysler stakeholders and owed more than they’re getting, have appealed to a higher authority – the Supreme Court – to consider hearing the merits of their case.

It’s the Last Temptation of Chrysler – the last temptation the Supreme Court may have this term to uphold the dignity of an iconic auto maker by siding with the constitution, supporting fairness, and solidifying American capitalism.

Corey Deitz