Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts

Saturday, February 14, 2009

Marxism—or just common sense?

Anybody who thinks C-SPAN is boring has never listened to the phone calls on its morning show, “Washington Journal.” It’s become an outlet for extremists on both ends of the political spectrum whose computers haven’t warmed up yet.

There’s just something about actually hearing crackpots’ voices that makes them even sillier than reading their blather in print. I’ll never forget the time I came into the show in mid-tirade and heard the following conclusion:

“It’s time for us right-wingers to forget about the ballot box and start thinking about the bullet box.” Charming, eh?

The other day, the topic was the proposed limits on executive salaries for those companies that are being bailed out by the U.S. Government. A proposal by President Obama would limit their salaries to $500,000 a year. The horror.

One caller vehemently opposed this idea, calling it “Marxism.”

I’ll bet you even money that caller has never read The Communist Manifesto, and learned everything about Marxism from Rush Limbaugh.

I certainly learned a thing or two about Marxism just from its Wikipedia entry. I had no idea there were so many different schools of Marxist thought. If it interests you, feel free to read the entry. For these purposes, I think the overview will suffice. It says that most forms of Marxism share these principles:

• an attention to the material conditions of people's lives and social relations among people
• a belief that people's consciousness of the conditions of their lives reflects these material conditions and relations
• an understanding of class in terms of differing relations of production and as a particular position within such relations
• an understanding of material conditions and social relations as historically malleable
• a view of history according to which class struggle, the evolving conflict between classes with opposing interests, structures each historical period and drives historical change
• a sympathy for the working class or proletariat
• and a belief that the ultimate interests of workers best match those of humanity in general

What does any of that have to do with asking for some accountability from some fat cats who are begging for corporate welfare? Would Marx have approved of taking money from the working class and giving it to capitalists? If anything, the bailout is as anti-Marxist as it gets. Measures such as a salary cap just give the bailout the same sort of checks and balances that is the basis for the U.S. Government.

I assume that those crying “Marxism” are not corporate executives, because they would be too busy to be jamming the lines at C-SPAN. Would they feel better if the corporations were just written a blank check?

I think we’d be better off if America were more Groucho-Marxist. But that’s a theory of another color.

Sunday, December 7, 2008

Found On Road Dead

Years ago, I bought a 1992 Ford Tempo, and it was, without question, the car from Hell.

In the four years I owned it, everything went wrong. The front bumper came loose, a headlight went out, one speaker on the radio stopped working, the power windows wouldn’t go up and down in cold weather, a problem with the electrical system drained several batteries, and one windshield wiper slipped off its moorings and left a big scratch on the windshield. The last straw came when the fuel line broke in two and left me dependent on a jerk of a co-worker for transportation for several days. (And I bought the car two months before Ohio passed a lemon law. Of course.)

It was the last time I even thought about buying an American car.

My roommate when I worked in Minnesota in the summer of ’95 loved his Toyota pickup, and he gave me some advice.

“When you drive back to Ohio,” he said, “take a look at the cars you see broken down on the freeway. I guarantee you that every one will be American.”

I think I saw six cars pulled off to the side of the road on my trip back—and, sure enough, all were American.

My next car was a Honda Accord. I drove it for 13 years. I recently bought a Scion xB that I plan to drive for just as long, if not longer.

Judging from my experience with American cars, it’s not surprising that the industry is in trouble. We are being told that the Big Three automakers are weeks away from bankruptcy. We are being told this by their CEOs as they fly to Washington in private jets to beg for tax money.

While it’s tempting to tell them to pound sand, that would put thousands of people out of work and make a bad recession even worse. At the same time, the automakers should not be written a blank check with our tax dollars.

Give them the bailout—but attach some big strings to the money. Since this is our money that’s going to the bailout, we have the right to make sure it’s done right.

Bail them out only if part of the money is used for the development of hybrids and electrics, and fuel-efficient cars in general. Make them cut the production of wasteful SUVs and urban assault vehicles like the Hummer. Hold them accountable for the use of the money. Increase quality control and stop making cars that will be available for $4,000 at J.D. Byrider before the next Presidential election. And no more private jets.

Who knows? If the industry gets its act together, the next car I buy might be American.

In another 13 years or so.