WAY TO GO FORD
Posted by Andrew Roman on January 30, 2009
From the “Doing The Right Thing” file …
It is essential to reward good behavior – whether it is patting the 188 House Republicans on the back for standing united against the Obama stimulus debacle, or giving junior an extra slice of pie for cleaning up his room without having to be told.
In that spirit, I’d like to take a huge “Attaboy” out of petty cash and commend the Ford Motor Company for not cuddling up to the government bosom for bailout money as did Chrysler and General Motors, despite posting a nearly $15 billion loss in 2008.
That’s $15 billion.
Good for you, Ford.
At Evil Conservative Radio, it is summed up this way:
I’ve never been a big Ford guy. In fact, I come from a Chevy family. But no longer. Here’s hoping that Ford can right the ship without the government’s “help,” and here’s hoping I have the scratch to buy a Ford sometime this year. It’s going to be a challenge for them, competing against the US Govt Auto Division (GM and Chrysler), and I’d like to show solidarity. I’d encourage anyone shopping for a car to do the same.
My sentiments exactly.
Others have said it more articulately than I have, but the bottom line is … while no one wants to see American companies fail – and I do hope Ford will survive the current recession – it is necessary for businesses to fail in a free market, if they cannot compete. Regardless of how beloved, well-known or etched into the American fabric a corporation may be, if the market has determined that it must die, then so be it.
It is American ingenuity – not government – that fuels success.
Period.
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