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President Bush Bailed Out The Big Three, Where's The Help For Mansfield Motorsports Park & BHR?
Dcember 20, 2008
 President Bush, set aside the proper role of government and handed the Big Three a $17.4 bailout. He said, "Under ordinary economic circumstances, I would say this is the price that failed companies must pay -- I would not favor intervening to prevent the automakers from going out of business. But these are not ordinary circumstances." So, where's the help for Mansfield Motorsports Park that had to shut it's doors "due to the economic times?"
Mansfield Motorsports Park posted the following notice on their web site on December 17, "Due to the economic times that we are all facing, Mansfield Motorsports Park will not be hosting the 2009 NASCAR Truck Race."
"As of right now, we will not be staying open. We have no events planned," track owner Mike Dzurilla told the Mansfield News Journal. "I dealt with the unfortunate task of telling my remaining employees that, by Christmas, they would be unemployed."
Dzurilla also said, "This is a purely economic decision. We were unable to locate a title sponsor [for the 2009 NASCAR Camping World Truck Series event]."
Also, BHR (Bobby Hamilton Racing) owned by Lori Shuler Hamilton, the widow of the late Bobby Hamilton the 2004 NASCAR Truck Series champion and 1991 NASCAR Cup Series rookie of the year, announced that due to the economic times that they were shutting their doors. The poor economic conditions created a sponsorship problem during the season and they had to cut down to one truck to finish the season. Now, with the Dodge sponsorship on their one remaining truck leaving due to the same problems that created the bailout by Bush, they have no sponsorship for 2009 and decided to shut down.
Bush said in his announcement of his bailout, "For years, America's automakers have faced serious challenges." Both Mansfield Motorsports Park and BHR didn't have years to face their challenges and yet don't get extra time from the federal government to solve their problems. Seems like a double standard to me.
If the Big Three automakers deserve saving then so do the employees of Mansfield Motorsports Park and at BHR. Both of these companies were hurt by the same economy that is hurting the Big Three.
It just goes to show the reason why the Big Three shouldn't be saved by a bailout funded by the American taxpayer. What's good for one is good for the other, but Bush said, "Government has a responsibility not to undermine the private enterprise system." In other words, government intervention for Mansfield Motorsports Park and BHR would undermine the private enterprise system.
Is Bush's determination of when the government's responsibility to undermine the private enterprise system based on the number of employees would be affected? If so, he's basing his decision on the information supplied to him by people with a liberal agenda. They claim that the loss of the Big Three will cause a ripple effect through the entire country, but if there is no more Big Three then people will buy their vehicles from the remaining companies, many of which are built here in the U.S. It doesn't hold water that the vehicles we have on the road won't be repaired anymore and that people won't buy new vehicles and sustain the majority of the 2.5 million jobs that are allegedly linked to bankruptcy of the Big Three.
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