Chrysler bailed out twice doesn’t mean white people can’t run Chrysler

CHRYSLER HAS BEEN BAILED OUT TWICE. DO WE SAY WHITE PEOPLE CAN'T RUN CHRYSLER ? By C.D. Brown 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, Detroi has a Black majority represented in electoral offices running Citygovernment. 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 thehurricane. 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"? Who doesn’t 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. S