Why is Detroit Getting Bailed Out?

Circuit City is declaring bankruptcy. The government will not bail them out. Detroit is also going bankrupt, has already been bailed out within the past month, and the size of that bailout is about to double to $50 billion. Why are automakers being bailed out and Circuit City isn’t? There is more than one reason, but one reason reigns supreme, and it has everything to do with the relationship between the Democrat party and unions.

It’s this simple–follow the votes. Unions get out the vote for Democrats. If Democrats don’t bail out the companies where Democrat-voting union members work, then Democrats will lose those votes leading to Democrats losing elections and Democrats will lose power.

We’ve seen the same pattern with the Wall Street bailout. Yes, most people think of big business being in bed with the Republicans, but in truth Wall Street leans Democrat more than Republican. And of course Wall Street has quite a bit of money to poor into Democrat races. Hence, Wall Street gets a bailout. Of course, as with everything, there is always more than one reason for these bailouts, but watch which companies and industries get bailouts, and then look a little deeper, and you might see this pattern continuing.