Showing posts with label bush. Show all posts
Showing posts with label bush. Show all posts

Saturday, March 21, 2009

The Endless Pit

Remember when George Bush went against Congress and gave the auto companies money despite the fact that support was lacking. Does it come as any surprise that we are now facing the situation where they need more? This is rapidly becoming an endless pit for us to throw money down.

Initially the companies received $17 billion. Now, they are asking for another $20 billion although it is believed this number will be a lot higher. Here is an article which details the events going on there.

This is ridiculous. The idea of bailing out these companies is a matter of false pride and cowering to the unions. This is not in the best interest of America. Failing is what is needed. To sustain a losing idea is just pissing money away.

Here is the bottom line: nobody wants the cars that these companies are making. They seem to be pushing their agenda based upon electric cars. Guess what. Sales of hybrids are at a non existent level. Yet the government wants to keep pushing this agenda. Once again the government proves how stupid they really are.

There ought to be an immediate stop to any assistance for the automobile manufacturers. If they cannot make it on their own, let them declare bankruptcy and work it out there. That is why the bankruptcy court was created. Reorganization is what is needed.

The argument that we need these companies is a farce. America would survive if we did not have General Motors. Truthfully, there would still be cars made in the United States. Instead of them being built in Detroit, we would see them in plants located in the South. Nevertheless, this is not part of the liberal, pro-union agenda.

Once again, we see the leadership not doing what is best for America. They have their own agenda.

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Saturday, February 28, 2009

History Repeating Itself

We have reverted back to the 1700s. They say those who fail to learn from history are doomed to repeat it. I believe we are witnessing the beginnings of a struggle which was fought over 200 years ago. Unfortunately, the political leaders in Washington are no different then the King of England during that period. It seems many are feeling what the colonists felt.

There was a group of brave protesters in St. Louis who staged a revision of the Boston Tea Party. (Read article)

Taxation is not the immediate cause of unrest. It is spending. However, if anyone thinks that Obama is going to pay for all this mess without taxing the middle class, they are insane. Already we are getting estimates that his tax on energy is going to raise the average electric bill by 6% while a gallon of gas will go up 12-15 cents. This is on top of the increases at the state and local levels. People are going to pissed when the new taxes hit.

People are also outraged at the fact that their voices are not heard. The politicians do what they want without consequences. Take the bailout of the auto manufacturers as an example. The polls showed the majority of Americans were against it. Yet, even after Congress voted against it, Bush went ahead anyway. Ditto for the stimulus. Contrary to what the politicians say, polls showed the majority of Americans were also against that bill. Again, it went ahead. Now, we have a $3.5 trillion budget which will saddle future generations with debt. What are the chances this passes?

Once again we are at the point where the people are being screwed. It is sad there is not the national outrage against those in power. The people in the government are destroying this country and everyone is standing by allowing them. This will certainly come back to bite them in the ass.

I applaud the people in St. Louis today. Good for them. Hopefully we will see more of it in the future.

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Tuesday, February 17, 2009

$17 Billion Paid Off

Are we totally insane? It seems the bill is coming to the surface. General Motors is claiming that it can need as much as $30 billion in 2011. We are now to the point where this is all asinine.

It is bad enough that Obama signed into law that farce of a bill designed to stimulate the economy. The only thing that is going to be stimulated are some of the pocketbooks of those who supported those who are presently on power. Now, he is going to have to decide whether to give these morons in Detroit additional money. My hope is that he tells them to go fly a kite. However, my hunch is that he will help them out.

Those of you who are regular readers of this blog know that I detested the "end around" that Bush pulled on Congress back in December. The predictions that came from most economists was that the bailout was not going to solve anything. And, it did not. Instead, 60 days (or so) later, they are back at the door with their hand out looking for more money. It is atrocious.

What needs to happen is for GM, and perhaps Chrysler, to enter into Chapter 11 and get reorganized. Many in management need to be removed in favor of others who can steer the company right. The crushing contracts with the unions and the dealers need to be renegotiated in bankruptcy court so that these companies can compete in the open market with the foreign imports.

Simply put, if Donald Trump can enter bankruptcy for a third time, General Motors can try it at least once. Enough of wasting taxpayer money on bull crap. We expect better from our leaders President Obama,

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Friday, January 30, 2009

"Stimulus" Support Waning

There is hope for those of us who see the government as the central evil in our lives. If there is a way to screw something up, the government will find it. That seems to be the nature of that beast.

Anyway, support for Obama's insane spending plan appears to be waning. Republicans in the Senate are following in the footsteps of their House counterparts. At the same time, some moderate Democrats are getting into the mix. The fact that there is a bit of delay in it's passage is allowing people to really look at the bill. And, what they are finding is very little stimulus.

Different groups and economists are estimating that between 12%-25% of the bill offers actual stimulus. The rest is pork. Thus, a $850 billion package is overwhelming payoffs to those organizations and groups which supported the corrupt who are in office now. Before anyone gets hell bend at the attack on Democrats, I will say that if the Republicans were in control, the NRA and Smith & Wesson would be in line for billions. As it stands, the liberal organizations are profiting.

What is upsetting is that you and I (and our children) are going to be stuck with the tab for this garbage. Once again, the politicians, with the help of the media, succeeded in scaring the American people into believing that we need their help. The truth is that America would be better if the government just got out of the way. If we got rid of every politician and government employee, the country would be a better place. There would be a period of adjustment but we would prevail. Americans are funny that way.

However, we will not see that happen anytime soon. The next four years is going to see a continuation of the last 8 years. What you say. NO!!!!! Obama is all about change. HORSECRAP! There is no change going on. Obama is going to expand the power and control of the government just like George W. Bush did. It is that plain and simple. If you do not believe me, maybe it is time to pull your head out of your ass and read the facts. This "stimulus" package is the first in a series of steps which will expand the role of government. It is bad enough that they screwed up education, Social Security, Medicaid, and anything else they are involved in. Now, they want to mess up healthcare too.

The revolution is all about taking back what was given to us by the Founding Fathers. Our government is corrupt, broke, and in need of overhaul. A liar who is a product of that corruption organization called the United States Senate will do nothing to make things any different. In the end, they are all the same. Bush screwed America. Now it is Obama's turn.

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Tuesday, January 13, 2009

GM Bailout Success-NOT!!!

A GM exec said that the failing automaker might need more than the billion of dollars Bush already gave to them. (Read article here) What a shocker that is? Is anyone surprised? Here is another government bailout program that set the taxpayers back billions of dollars only to find out it did not work. This is our government at work.


Everyone who reads this knows how I feel about the "end around" Bush pulled on the American people. Congress, to their credit, rejected this insane idea, one that is soundly rejected by the American people. Of course, to a lame duck President who faces no re-election, what does he care what America thinks?

The reason why the government fails repeatedly is because they have one answer to any problem: throw money at it. Unfortunately, as history proves, money is not the answer. Regardless of the amount, money will not fixed a broken system. Until the fundamental issues are resolved, money only multiplies the size of the problem.

Take the educational arena. The federal government has spent close to $2 trillion in Title 1 money to educate our children. Yet every study when compared to the rest of the developed world shows how we lag behind. In short, we have a bunch of morons coming out of the school system. We spend the most money yet get the least return. That is our government for you.

The TARP money is another example of government incompetance at work. Congress agreed to $700 billion that was to be used to bailout the financial institutions. Yet, they have no idea where the money was spent. First, as we see, there was no easing in the credit markets since banks still arent lending. Then, Bush takes some of that money and gives it to the automakers. What a farce.

The bottom line is that GM and Chrysler (nobody is sure of Ford) are broken companies. They are buried by poor union contracts which have huge legacy costs. Of course, notice how Gettelfinger, the Union head, says there are unfair concessions in the agreement that need to be removed. While I dont blame the union for getting all they could, after all, management agreed to all of it, I do believe it is a major reason for their inability to be competetive. Also, management totally missed the shift in the industry away from gas guzzlers to more fuel efficient vehicles. Money will not alter that reality.

GM is a failed company at the moment. According to the tenets of American capitalism, companies like that either change their business model or go under. It is that simple. The fact that the government stepped in proves only one thing: they only prolonged the inevitable. A failed company is not fixed by giving them a lot of money. This entity, once a pillar of Americana, is now ready for the scrapheap. Unfortunately, the political leaders feel the taxpayers cannot survive without it.

Thanks President Bush for costing us another $15 billion. Our kids appreciate that.


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Saturday, December 27, 2008

Seems Management Isnt The Only Ones With Perks

Now, the truth is coming out. We were led to believe that the management at the automakers were wasting company money on perks that were senseless. At the same time, Ron Gettlefinger pleaded with Congress for money to save jobs and the workers. His concern is for the people.

It now appears the UAW had their own perks. Read story here.

The Union has their own golf course. Of course, they are defending it as an investment which is used to train members and hold seminars. Unfortunately, it is losing millions of dollars each year. I guess golf courses aren't the money makers they use to be.


Once again, we were misled by those in power. Everyone knows that the management of the Big Three totally missed the direction of the marketplace. Nevertheless, the Union head proves himself to be a snake in the grass also. The impression that the Union is only concerned about getting as much as they can is now reaffirmed. And I won't even mention the "end around" that Bush pulled in bailing these idiots out. They are all culpable in this.

This is just another example of the corruption that those in power are fulled with. This takes us one step closer to the needing a massive uprising.

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Friday, December 26, 2008

This is how ridiculous it has gotten

A woman in Pensacola is claiming that she was fired for saying "Merry Christmas" when she greeted callers. Naturally, the company is denying the accusation. Nevertheless, legal action is following. (Here is the story).

Now, I will start by saying I have no idea why this woman was terminated. Her guilt or innocence in this particular instance is not the issue. The idea that something like this does occur shows the mindset we have as a culture. Also, later in the article, that dogpuke of an attorney tells of how "the smartest choice might be ignoring the season". He ought to be kicked in the head for that statement.

Here is the 411. Most of the American population is made up of people with Christian backgrounds. By now most of you know that I am not a religious zealot. Other than a wedding or funeral, I cannot think of the last time I was in a church. Nevertheless, I do understand that many people choose to practice their faith in that manner. And, Christmas is the highlight of their religious devotion.

I do not know why we have allowed the blatant attacks on Christianity. It seems that being offensive to Muslims is the least of our worries. Besides, they make up then less than 5% of our population. Thus, if they do not like it, tough. Isn't that what democracy is about? If the majority want it a certain way, that is what rules. Since the majority are made up of Christians, then they have a right to express their beliefs as they see fit.

Besides, what about Christmas offends the other religions? Is there a massive "offending" of individuals or is this a weapon used by the media and secularists to further their agenda. Perhaps the Muslims and Jews could care less when in reality it is the atheists who are offended. Well, tough crap. Get over it.

Who says we need to contour our actions when other people are offended? Right now, I am offended that we have corrupt politicians running our country. Nancy Pelosi offends me. So does George Bush. Dick Chaney too. Let us not forget Barack Obama. And, of course, Barney Frank. They are all liars, cheats, and greedy for power. I think they all need to be exiled to Elba along with the rest of Congress and half the Supreme Court. They are offensive to me. Yet nobody seems to want to help me with this dilemma.

Personally, I say the hell with saying "Happy Holidays". The tradition in America is to say "Merry Christmas" and that is what I say. Again, you will not see me in church celebrating the birth of Christ but I do respect those that do. Of course, if those people want to shove their beliefs down my throat, I am perfectly happy to take their Bible and beat them over the head with it. I respect others choice of faith while expecting them to respect mine.

What this all boils down to is the political argument over the separation of church and state. Of course, this is another one of those nifty lines created by those who want to get God out of all aspects of the government. Once again, these people took the thoughts of the Founding Fathers and turned them all around. The idea was that the government does not have the right to mandate any national religion or restrict the choice of any individual. This was one of their complaints against England many centuries ago. Nevertheless, they did not feel that we were to establish a government devoid of any Deity. It is obvious the individuals who founded this country were deeply religious individuals.

Where does this all leave us? For this woman in Pensacola, she will be in court. If she did suffer an ill-fated termination because of her beliefs, I hope they bankrupt the company. However, if she is filing another frivalous lawsuit, I pray the judge throws her in jail for a month to let her think about her lies. As for the rest of the country, this is another barbaric attack by a few on the wants of the majority. This is no different then that sleazy maneuver Bush pulled with the Auto companies. The wishes of a few overrode the desires of the majority. It is sounding a lot like 1776.

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Friday, December 19, 2008

Bush The Savior

George Bush went ahead and gave the money to the automobile makers. He was determined to save the industry believing that the economy could not stand the collapse of this industry. It is the government's job to ensure the solvency of these companies.

My opinion is that Bush is a misguided fool on this matter. He is just delaying the inevitable. The United States auto makers are going to fail unless a radical shift in business practices is undertaken. Now, there is not much incentive for the management to change anything. At the same time, the unions will resist making any concessions of pay. In the end, we will be in the same situation again.

Bush was lamenting this week on his legacy. This is a dangerous thing to be doing when there is a major crisis on the table. Naturally, Bush does not want to be known as the President that let the automakers fold. This certainly went into his decision. Bush secured his legacy at the expense of America.

One of the contingencies of the deal is that a workable model needs to be in place by the end of March. If not, all the money given needs returning. That makes total sense. These companies come to the government because they do not have the funds to get through the next 30 days but they will be able to return billions at the end of the first quarter. Does Bush think they are going to put it in the bank and earn 1% interest. Of course not; they will blow through that money like water. They will be broke in the next 90 days.

So what is Bush's legacy? That he achieved a state of socialism within a 120 days period, thus wiping out 230 years of democracy. The fact that he went against the wishes of the elected officials in Congress shows that Bush is a rogue dictator. Everyone who resisted this argument by the left should now be convinced that Bush cared little for the legalities of our society. He made a decision that might help his legacy but will screw the American people. Thanks George, you putz.

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Saturday, December 13, 2008

King George?

Congress decided to pass on the bailout of the Big Three and the UAW the other day. This is a testament to how our system works. We elect our representatives into Congress to represent our interest. According to many polls, it appears that the majority of the American people favor letting the automobile manufacturers go into bankruptcy. Simply, they are against the bailout and the decision of Congress reflects this idea.

Enter George Bush. He decides that Congress is wrong and these companies need the taxpayer money. Together with Paulson (our #1 prospect to hang), they determined that some of the money approved for the financial institutions should go to Detroit. Where does the President get off thinking this is acceptable? Is this anywhere remotely close to what is Constitutional? Of course not.

Consider what is going on here. This is remarkably similar to the events of the mid 1700s. Have you every heard the phrase "taxation without representation"? I believe we are witnessing the same thing. The morons in Washington feel they can spend taxpayer money at their whim; all without consequence. Now, Bush has moved the Presidency closer to a monarchy. He decides what is best for the country.

Maybe Dennis Kucinich was right when he proposed impeaching Bush. Or should we call him King George?

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