That’s amazing how innovative a severe economic crisis make firms and governments. By the end of 2008, Hyundai started the Hyundai insurance program, to show “the faith the company has in its customers.” You become unemployed, Hyundai insurance picks up the tab up to $7,500 in negative equity. The car payment insurance has been such a marketing coup that it had to be copied. General Motors is now offering its protection plan: if unemployed, don’t worry about your car payments for nine months. The Obama administration lends money to GM, which commits to rescue the unfortunate unemployed GM customers. This subsidized “corporate” welfare ultimately aims at strengthening GM while protecting its customers, hence killing two birds with one stone. Compassion is swelling in places you expect it the least. Even the International Monetary Fund , which not so long ago was the champion of fiscal responsibility and had its representatives regularly stoned in many capitals of the world – is advocating coordinating fiscal policies and increased lending. Live and learn.
Problem: this wind of care is flying over most economically-hit non-custodial fathers without affecting them. Why? acting like
Janjaweed militias, family courts are making sure that non-custodial fathers do not pull their head above water. One thing matters: child support payments, often unreasonable in good times and even more so in bad times. You are unemployed and cannot pay? too bad. Seize the opportunities that the labor market has to offer, while we take all the time in the world to review your petition to decrease child support. If you are still unemployed and cannot make your payments, you end up in jail. While there, Hyundai or Pontiac will make the payments for your new car which is not of much use to you and will not help you find a job.
For non-custodial fathers, there are really two solutions: Family courts have to be reformed so that it renders a bias- free justice. Or pray for Hyundai or GM to add child support payments in their protection plan. I’ll buy a car of the first company that does it.