GOP to Detroit: "Drop Dead"

Pat Buchanan's article "As GM Goes, So Goes the GOP," states: "...Republicans are right to be enraged. They are victims of the biggest bait-and-switch in political history. But they are now about to do something terminally stupid. With GM, Ford and Chrysler teetering on the brink, they are turning a cold stone face to Detroit... "

Mr. Buchanan continues, "Are Republicans aware of what they are about to do? "

"When workers, execs, engineers, dealers, salesmen and suppliers are all factored in, the Big Three employ 3 million people who contribute $21 billion a year to Social Security and Medicare, and $25 billion in federal income taxes. Add in all the businesses that depend on the auto industry, and we are talking about one-tenth of the U.S. labor force."

"As columnist Tom Piatak of Chronicles and Takimag.com writes, 850,000 retirees, and their families, depend for pensions and health care on the Big Three. If they go under, the burden falls on us. "

"And to let the auto industry die is to write America out of much of the economic future of the planet."

Read the entire article here.

Photo: Camilo José Vergara