Newt On Chrysler, GM Scandal
Newt Gingrich’s latest article is a must-read. While I appreciate that some people promote ‘buying American,’ if you buy a Chrysler or GM car you are not ‘buying American’ you are ‘buying UAW.’ You are simply lining the pockets of a corrupt union who is as responsible for the automakers problems as any entitity this side of the federal government itself.
There was a time when we would have called it a scandal.
In 1921, oil tycoon Harry Sinclair gave several prize head of cattle and around $269,000 to President Harding’s Secretary of the Interior, Albert Fall.
In return, Sinclair got the exclusive rights to drill in an oil field in Wyoming. Sinclair’s no-bid contract became the Teapot Dome scandal, the most notorious example of political corruption in America prior to Watergate.
Between 2000 and 2008, the United Auto Workers (UAW) union gave $23,675,562 to the Democratic Party and its candidates.
In 2008 alone, the UAW gave $4,161,567 to the Democratic Party, including Barack Obama.
In return, the UAW received 55 percent of Chrysler and 17.5 percent of GM, plus billions of dollars.
But nobody’s calling this a scandal. It’s time we start.
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