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Rev. Jesse Jackson Weighs In On The Auto Bailout
Photo: REUTERS
On Thursday, while the Big 3 and the UAW gathered to lobby the Senate Banking Committee for approval of emergency loans, the Rev. Jesse Jackson outlined his plan to save the auto industry in a
45-minute presentation before The Detroit News‘ editorial board. Citing the ease with which Washington generously opened their wallets when Wall Street fell upon hard times, Jackson says Detroit has been subjected to a blatant double standard, and it’s the working class that is suffering the most (because it isn’t a Jackson party unless someone is being treated unfairly). “It’s not the Big Three. It’s 4 million jobs.”
Convinced that the well-educated, groomed executives appearing before the Senate as ambassadors for their respective automobile companies are inaccurate representations of the industry, Jackson criticized the Detroit 3 for not bringing their blue collar workers with them to Washington. “These are six well-heeled men.” Jackson continued, “They don’t look like the crisis.”
Himself unwaveringly committed to the plight of huddled masses, Jackson further explained that he plans to maintain his irrelevant role in saving the auto industry by meeting with a local group of minority car dealers to discuss the problems they’re facing.
Source: The Detroit News
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Does anyone know who Ed Davis Jr. was? He was the first African-American car dealer; started with Studebaker in the forties and ended up with Chrysler in 1963.
The Reverend Jackson probably doesn’t know who Ed Davis was either; but he’ll be briefed, of course.
There is some truth to what Reverend Jackson purports. Sadly, the messenger is wrong. It sort of akin to when Bill Clinton tells you he feels your pain.
The truly scary thing is, as of late Friday evening December fifth is Speaker of the House Nancy Pelosi is now dictating terms to the Big Three as to what she wants from the domestic auto industry, in the next few years.
So now we have someone with no substantial business experience, no engineering or industrial design degree or experience, telling us how cars should be built in America. If Lewis Carroll was still alive, he could write a better satiric novel about politics, than Alice in Wonderland about all this.
Words by Terry Parkhurst on December 6, 2008 at 2:55 am | #