HowardThe Auto Erotic Hedge Fund
Construction Downtown, will it sell?
Auto erotic over the hedges
So we have the spectacle of Wilbur Ross and his assorted hedge fund associates making for the dregs of the crushed U.S. Auto industry and auto parts suppliers. After the spectacle of Felix Rohatyn of Rohaytn Inc, and Rothschild Inc, running the bankruptcy by globalization scam against Delphi Corporation, a 1999 spin off of General Motors, the scam continues.
Don't get me wrong, I am not saying that these guys are not at least temporarily "making money". They are just, at the same time, destroying production and looting civilization. And putting the same factory on some slave plantation in China is not the same as having it in the U.S.. We have a certain level of infrastructure, health care, scientific culture and education, which will never be present in a cadre of people, who are human beings after all, getting paid the equivalent of $1 an hour, or a day, or whatever. We in the U.S. thought we settled that in the Union victory in the Civil War (1861-1865), Slave labor is inferior to technologically progressive free labor.
