Congressman asks Geithner to review Chrysler's Super Bowl ad buyHere we go. Now that the U.S. government is in the automobile business, congress has started second guessing Chrysler's business practices. Here we have a congressman, a republican who has spent the last two decades pretending to do something useful while We the People have been overpaying his salary, who believes that Super Bowl ads are too expensive to be bought with public money. Since he has never had a real job, he has no idea that Super Bowl ads, like all ads everywhere, are priced the way they are because they work for the advertisers.
I guess that when you have never made an honest living (Congressman Heller's only private sector job was selling stock before he moved to the public teat) you actually believe that companies are stupid, and the only smart people are the ones who figured out how to steal from the government. But Chrysler, no doubt, has volumes of research and past results that tell them that this is a cost-effective way to advertise their product. But what does all that knowledge amount to when put up against the populist emotion of a professional political whore?
The result of this can only be a further crippling of Chrysler's, and any other bailed-out company's ability to recover from the tender mercy the government showed them. We all lose. Obama will be pleased.