If what I heard on the radio this morning is correct, Ford Motor Company should be doing a little celebrating today.
I was drinking my morning coffee when the report came over the Public Broadcasting Station I was listening to that credit rater Moody’s had announced that Ford Motor Company stock has now been upgraded to “Investment” status once more.
This has got to be good news to the thousands of people who depend on Ford for their paychecks and I am sure there are a lot of those folks this morning who are glad that their President (Obama) made a decision awhile back to NOT allow Detroit to go bankrupt—what do you want to bet?
The good news coming out of Detroit this morning should also, in my humble opinion, be a warning to the American Voter to think twice before embracing any philosophy that appears to believe that the best way to save an Economy like ours is to allow the big corporations who might get themselves into some kind of financial difficulties to simply go down the tubes as it were.
Guess what Righties!
President Obama made the correct decision again and now a great American Industrial Icon is back on the upswing and I will bet there are lots and lots of people who are grateful that we had a President with a level head on his shoulders and a firm hand on the steering wheel of National Destiny when he decided to bail our Automobile Industries out.
I will also bet there is a lot of weeping and gnashing of teeth (And perhaps even some rending of garments) among some of the intransigent obstructionists of the Far Reichtist Extreme with the announcement that was made today about the Ford recovery. (It’s Heck to be proven wrong, isn’t it Righties?)
I will also bet that Rightie is scrambling, about now, to find some way to try and claim some of the credit for Ford’s good news—an unlikely prospect unless something is strictly fabricated or spun with a very hard spin. (A very very hard spin!)
(Posted by John R. Liming as part of his continuing Diaries of Political Opinions.)