A Letter To Virginia Senators Warner And Webb, And Representative Wolf

Another bailout? Another failure in the works? Why won't Congress learn?

If you are from Virginia, feel free to copy this letter and send it in:

Dear [Congressional Representative], I am writing this letter to ask you to vote “Nay” on the proposed bailout of the Detroit “Big Three” automakers. While it is true that the American economy has been in a recession since last December, it is also true that we cannot kick-start it by placing yet another burden on the children and grand-children of the American taxpayer, especially a burden of a program that is doomed to failure. As a case in point, I show you the $700 billion bailout of Wall Street that was supposed to fend off a market crash. Not only was that bailout a complete and total failure, but it saddled a $905 billion debt on our children and grand-children. And even beyond that, the pork that existed in that bill was nothing short of unpardonable. After all, those toy wooden arrows, wheat research grants and subsidies for Puerto Rican rum didn’t do a damn thing to shore up the markets. And now, the Federal Government wants to make the same mistake again, only this time with Detroit. There comes a time when you simply must let a business fail. Detroit has reached that time. The legacy costs they have incurred over the years are too much for them to overcome and certainly not worthy of the hard-earned dollars that the American taxpayer will be forced into paying for them. As a case in point for this, I show you the Jobs Bank program that the United Auto Workers negotiated with the Big Three. In this program, workers are literally paid not to work. How long can any business maintain such a ridiculous policy? It is true that there is talk of “suspending” this program, but that won’t help since it means the program could come back and force more legacy cost on the automakers. It needs to be killed completely along with several other concessions to the UAW that have contributed to the legacy costs that are right now killing Detroit. The best way to fix the problem is to allow the Big Three to go into Chapter 11 and re-organize. This is the most viable option as is evidenced by the other big automakers in the United States who have plants in California, Tennessee and South Carolina. None of them are in trouble nor are they asking for any kind of bailout nor are they beholden to any labor unions. If the Big Three want to survive, they should look to Toyota, Honda and BMW as models for restructuring. One last point I want to make. Small businesses all over Virginia are in danger of failing due to the bad economy. Hairdressers are losing business because people don't have the money to get their hair done as often. Garages are losing business because people are putting off auto repair for as long as possible. Painters, plumbers and carpenters are losing business because people are putting off home repairs as long as possible. But despite the fact that small businesses here in Virginia are in danger of failing, no one has been proposing a government bailout for us. Please apply that same standard to Detroit. Thank you.

Letters To Senator John Warner And Senator James Webb Concerning The OPEC Accountability Act

The Senate will soon be voting on a resolution to file a lawsuit against OPEC. The bill is called the "OPEC Accountability Act" and it is without a doubt one of the most idiotic pieces of legislation to ever come out of this Dem controlled Congress.

As such, I have written my Senators (John Warner and James Webb) asking them to vote against this foolishness. The following is a copy of my letter. Feel free to copy it, paste it to a word document and send it to your own Senators.

Dear [Senator], I am writing this letter to ask you to vote “Nay” on an upcoming bill (S. 2976 IS) that was introduced by Senator Lautenberg and co-sponsored by Senators Dorgan, Casey, Levin, Sanders and Clinton. This bill is known as the “OPEC Accountability Act.” The co-sponsors of this bill claim that launching a lawsuit against OPEC will somehow bring down the price of crude oil and in turn reduce the price of gasoline. I’m sorry, but only a fool would believe such claims. The price of gasoline has gone up for many reasons, most of which can be attributed to the policies enacted into law by this very Congress. For example, the mandate of using ethanol, despite its supporters’ promise of bringing down gas prices, actually drove the price of gasoline up as it also drove up the price of food. The end result: people now have to pay more at the pump in order to get to the store to pay more for food. Further, there was also a promise of lower carbon emissions, but since it requires the burning of 1.5 gallons of petro-chemicals to produce a single gallon of ethanol, that promise was nothing more than fantasy as well. But I digress. The main reason for the high price of oil is simple supply and demand. Nations that have been aggressively developing the industrial sectors of their economies (India and China) have been using more and more oil which means demand has gone up. As any first year economics student knows, when demand goes up, so do prices. But, when demand goes up and supply does not keep pace, or even goes down, prices rise even faster. Many of your peers are trying to blame the oil companies for the situation in the world market, a few of them ignorantly throwing out the charge of “price gouging.” However, the oil companies’ profit margin is well under the average profit margin for other commodities, the market traders of which are not being accused of price gouging. This means that no price gouging is taking place. As such, if Congress carries out its threat to raise taxes on the oil companies in response to this mythical price gouging, the price at the pump will sky-rocket even further. As you can clearly see, Senator, it is the Congress that has been hurting the American people at the gas pump, not OPEC or any of the oil companies. And finally, I need to ask the obvious. Why would members of this Congress actively try to damage our relations with OPEC nations by filing a lawsuit when those same members of Congress are criticizing the President for damaging our relations with these OPEC nations? Wouldn’t you consider that to be hypocritical? When S. 2976 IS reaches the Senate floor for a vote, please do the right thing and vote “Nay.” Thank you. Sincerely, [Your name here]