Who Don't Like Free Stuff ?

CHRYSLER HAS BEEN BAILED OUT TWICE. DO WE SAY WHITE PEOPLE CAN'T RUN

   CHRYSLER AND WANT FREE STUFF

   By C.D. Brown October , 2013

   When GM and Chrysler went managed bankrupt for something like

   $80 billion, nobody said that white people are not ready to be in charge

   of transnational industrial corporations and, that Chrysler was dependent on

   free tax money from

   us; that , as Corporation leader and Presidential candidate Mitt

   Romney insultingly said to the NAACP convention, to paraphrase, u

   people want too much free stuff.

   Chrysler Corporation has been bailed out twice by the federal

   government. Congressman James Blanchard road his championing that FREE STUFF for Chrysler to the Michigan governor's chair. But Prince

Richard Snyder

   doesn't want a bailout for Detroit. It is because, unlike Chrysler, Detroit

   has a Black majority represented in electoral offices running City

   government.

   Mayor Coleman A Young, Black Mayor Extraordinaire, won a loan from

   the federal government for the

   City of Detroit to help Chrysler Corporation build the Jefferson North

   Assembly plant. The federal government can forgive that loan which

   benefited Chrysler and America handsomely.

   Snyder,the Barbarian Governor, doesn't want a

   bailout for Detroit, thereby

   speaking against the best interests of Detroit. He should be

   aggressively seeking a bailout for Detroit, like Governor Christie

   aggressively

   sought aid for New Jersey for relief from hurricane damage or

   Blanchard and Granholm sought bailouts for Chrysler. Detroit

   has been under economic "hurricanes" almost continuously for 50 years.

   Chrysler has been bailed

   out twice from those storms ! (

   http://en.wikipedia.org/wiki/History_of_Chrysler). Not only was

   there divestment from the city proper in

   capital flight for 60 years, but the auto industry corporations

   centered in Detroit have been crushed in the world competition as

   emblemized in Chrysler's two insolvencies. The City of Detroit's

   elected

   officials could do about as much about those auto company disasters in

   Detroit's economy as New Jersey elected officials could do to stop the

   hurricane. So, city officials should not be scapegoated in loss of

   powers under Snyder savage dictator law.

   As part of the economic hurricanes, the State of Michigan itself ,

   including Detroit, suffered a

   one state recession (as the monopoly media termed it) in the years

   leading up to two of Michigan's

   private auto giants falling into the final insolvencies As a result

   the State of Michigan fell into fiscal irresponsibility greater than

   Detroit's and, had to be bailed out by the Obama

   Stimulus for $7.8 billion ( See

   http://www.house.mi.gov/hfa/PDFs/ARRA%20Forum%20Dec%202009.pdf

   ). Then it was not even considered that whites ,who dominate

   Michigan's governorships and legislatures (

   including many who are still there) couldn't run our State, and liked

   "Federal Welfare and Entitlements", free stuff, to bail them out

of their fiscal

   irresponsibility. Savage Snyder's current budget "surplus" is wholly

   based on the bailout by President Obama and the Democratic majority

   Congress of Obama's first term.

   Similarly when New York City, New York was in

   receivership/emergency financial management in 1975, it was not said

   that white people couldn't run a major city. NYC got a $2.3 billion

   bailout from the federal government under President Gerald Ford of

   Michigan when it was insolvent.

   but it was not even whispered that the white people in charge of NYC liked

   free stuff. NYC was bailed out when it was insolvent in 1975.

   ( Bill Summary & Status - 94th Congress (1975 - 1976) - S.2725 -

   THOMAS

   http://thomas.loc.gov/cgi-bin/bdquery/z?d094%3ASN02725%3A%40%40%40D&summ2=m&;

   http://en.wikipedia.org/wiki/History_of_New_York_City_(1946–77)

   So, when Detroit has an immediate deficit we should not say Black

people don't

   know how to administer a major city. Since all these other institutions were

   bailed out, why not bailout out Detroit without any of this " Black

   people like free stuff"?

   There is a long history of government

   bailout of monopoly private corporations. especially banks and hedge

   funds based in New York City (

   (History of U.S. Gov't Bailouts

   http://www.propublica.org/special/government-bailouts

   :http://en.wikipedia.org/wiki/Too_big_to_fail).

   What's good for the

   goose is good for the gander.