March 03, 2009

How the auto industry got here

“One of the methods used by statists to destroy capitalism consists in establishing controls that tie a given industry hand and foot, making it unable to solve its problems, then declaring that freedom has failed and stronger controls are necessary.”

—Ayn Rand, 1975

CAFE, crippling taxes, and government-backed organized crime (i.e. UAW), leading right up to now, when articles like this can be written and taken seriously. Deliberate? No, I'm not saying there's a conspiracy here, but damned if it didn't just sorta end up that way.

Posted by: leoncaruthers at 05:36 PM | No Comments | Add Comment
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March 02, 2009

Surprising upsides to the population doughnut of Detroit

On a positive note, Detroit's homicide rate dropped 14 percent last year. That prompted mayoral candidate Stanley Christmas to tell the Detroit News recently, "I don't mean to be sarcastic, but there just isn't anyone left to kill."

More here.

Upside? My '02 Altima has a higher blue book value than the median December home sale price for Detroit. This is a city run by democrats for longer than any of its residents has been alive. I'm sure it's just a coincidence that it's an absolute shithole.

Posted by: leoncaruthers at 12:24 PM | No Comments | Add Comment
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