Bailout Watch 263: No Wedge Left Behind
We’ve been keeping tabs on all the divisive, emotionally-charged wedges being driven through the the bailout debate, and frankly we’re beginning to wonder where it will end. Luckily we may be seeing the light at the end of the tunnel, and as usual with these things, it’s some good old reductio ad absurdum. Randi Payton of On Wheels Inc, which publishes magazines and produces Web sites about the auto industry for ethnic minorities, wonders aloud in Automotive News [sub] whether we are “turning our backs on diversity.” After all, as Payton puts it, “we cannot overlook the more important fact that the Detroit automakers are also some of the most socially responsible corporations in the world.” And the key to his argument is the claim that the Detroit 3 “led the embracing of diversity, employing more minorities than any other entity, next to the federal government.” Now I certainly wouldn’t dispute Payton’s point that “Ford Motor Co. was the first corporation in America to pay fair wages to blacks, essentially creating an African-American middle class,” but to do justice to the term “diversity” we will have to take a closer look at Ford’s history than that. While Henry Ford opened groundbreaking opportunities for African-Americans, his anti-Semitism pretty much knew no bounds. Time for a definition check on the term “diversity?” Better yet, let’s not justify the bailout of failing businesses on ancient history. Or the most divisive issues we can possibly think up.
More by Edward Niedermeyer
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Psar, The biggest problem areas when it comes to disparity are the ones run by economically liberal administrations for decades. They also, almost all have income taxes rather than depending on property and sales taxes. If Michigan and Detroit democrats are so concerned about disparity, they sure haven't done anything about it.