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In Oil We Trusted

by: riar

Fri Nov 21, 2008 at 08:56:08 AM EST


(Well here's a piece that ought to drum up some discussion - promoted by LiberalLucy)

Many of us had a hand in the recent demise of the American auto industry. Consumers ate up big gas guzzling SUV's, trucks, and 300 hp engines in cars like my 9 year old Cadillac. Like most consumers, I figured if the Big 3 produces them, they are all right to buy, after all the car companies have the inside track and an eye up on the competition. We trusted their judgment and we were willing to buy. And American automakers sold us those big gas guzzling cars, yet at the end of the Clinton administration, the Big 3 produced prototypes of energy efficient and hybrid vehicles for the future. When Bush/Cheney was elected all was abandoned. The Big 3 were obviously assured by an overtly oil connected administration that the crude would keep flowing. The Big 3 trusted Bush/Cheney.
riar :: In Oil We Trusted

It is a trickle down of trust. Even though the source of this trust lies in an administration that is Wall St. friendly, (obviously), and anti-union, (prefers dictatorial management), while the rest of the industrialized free nations are highly unionized and benefit from national health care. Hmm? Meanwhile, the Big 3 blindly and stupidly followed the lead of this anti-environmental administration, and totally ignored the competition, which is odd for corporations of this size. The assurances must have been great enough to go against business sense and ignore major competition that continued on an environmental path.

 And what about the environment? The Bush administration appointed Michael Leavitt as EPA administrator in 2000. As new reports about global warming began to surface, they were either squelched or altered by the EPA. ENS reported: "The White House reversed course and rejected actions to control global warming pollution." It is one of the worst deceptions the Bush/Cheney regime perpetrated on the American public, to cause doubt about global warming for the sake of the billionaire oil industry relishing the use of gas eating American cars by a trusting America and auto industry.

 As for Michael Leavitt, he left the EPA to head up Health and Human Services. Health and Human Services under his rule turned around and issued an e-mail to some 67,000 govt. employees urging them to buy hybrid cars, when U.S. automakers had none to offer. Of course the e-mail was a mistake, so sorry, so sorry. What? As in a trial, the jury heard the stricken comment and had to question the sudden change in attitude.

Within a span of a few years Michael Leavitt at the Bush/Cheney bidding was both anti-environmental, then suddenly green conscious. Bush/Cheney purchased more and more foreign oil. The beginning of 2007, far before the economy took a real dive, the Big 3 raced to Washington when oil prices rose to record highs. The Big 3 was in trouble then. They were snubbed by the same administration that assured them early on. The oil was flowing but at outrageous prices, and now Bush/Cheney washed their hands of the auto industry. Not their problem. The Big 3 knew they had been duped, and the environment was used as a means to an end.

The Big 3 scrambled back to Detroit to produce environmentally friendly cars. Ford is unveiling a hybrid Ford Fusion and Mercury Milan that goes up to 47 mph on electric power before switching to gas. The Prius tops out at 30-35 mph. Quite an achievement for Ford in a short time. GM is in the middle of producing a viable plug-in car. And Chrysler helped produce hydrogen-powered buses for Iceland in 2003. They have the know how to use alternative energy.

But there are new problems out of the auto industry's control. The beloved Wall St. darlings of the Bush/Cheney era fumbled badly setting off a domino effect. Instead of just breaking unions, now the entire American auto industry is on the precipice of extinction. The final sword is bailing out Wall St. with $700 billion, and corps. like AIG twice, but stalling on the car companies for $25 billion citing that it will just be a cup of water on the fire.

If GM sold all 8 of its jets @ $35 million each the estimated cost of one of them, the total $280 million would by the same rationale be a thimble on the fire. If 20 execs conceded $5 million each in any perks or salary increases the resulting $100 million would be half a thimble on that same fire. But there is no real fire. The auto industries have advanced greatly toward producing hybrid cars of the future in a very short time after realizing it was sheer stupidity trusting an administration that lead us into a war with Iraq, where they've sent billions of taxpayer dollars in cash on pallets to contractors for basically nothing. Eight of twelve billion dollars on just one pallet is still not accounted for. We've been mislead by the Bush/Cheney administration many times over so that a very limited amount of people/corps. at their choosing have profited and Big Oil is at the top. T

he auto companies deserve a bailout from an oil industry that can easily afford it. In oil they trusted. They were bedfellows before. It's time for some alimony. Big Oil should return the favor to the Big 3 and float them the money to stay on the final stretch toward cars that won't need fossil fuels in the future. If Obama can appoint his adversaries, then the oil industry can boost the car companies to a greener future without them.

 I've written four hundred and fourteen environmental blogs for my local news over the past 2 years.  I've learned that all things lead back to politics through policy, legislation, and regulation. The past 8 years saw the demise of many things we've only just begun to notice. To blame unions and U.S. autoworkers for any of the problems the auto industry is currently experiencing continues to play into the hands of the Bush/Cheney regime that would like to render our entire country an "at will" entity where no U.S. citizen will have the job security most of our major competitors in the free world enjoy. Understand that unions are the last powerful voice any average citizen has against the likes of a Wall St. that will most certainly make sure nothing, absolutely nothing trickles down. In light of what has happened, we'd be fools to think otherwise.

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In Oil We Trusted | 1 comments
excellant diary (0.00 / 0)
I read a commentary about how for every penny drop in gas prices amounts to so many millions in savings to the consumer, in the end he calculated that consumers are now saving over $700 Billion.  Well if you walk that back to the spring and summer, over $700 Billion was extracted from the American economy.  Money that people couldn't use to pay thier bills, pay thier mortgage, buy new stuff, etc.  Soon there after AIG collapsed, lehman went bancrupt, Goldman sold itself off, Citigroup is at the brink of disaster and we know the rest.
I've oft written that the oil companies have totally betrayed America and the car companies needed to simply wake up and realize they have been getting totally screwed over by the oil companies.  It's seems that they have finally realized it and now, in a state of panic, so have the oil companies with prices now falling to a jaw dropping $1.66/gal here in Oxford.  Consumers seem to be happy about the new savings but it certainly isn't sending them flocking to the showroom to buy gas guzzlers, been there, done that.  America may be breaking from it's gas crack habit, and the oil company pushers will hopefully find themselves reeling soon.  In fact, if they find themselves losing money in the coming months or years, Americans will laugh thier fucking heads off at thier expense.

In Oil We Trusted | 1 comments

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