Posts Tagged “Bailout”

Worth the read.
From Congressman Mike Pence and the House Republican Conference.

Read the rest of this entry »

Tags: America’s Affordable Health Choices Act of 2009, Bailout, Energy Police, George Bush, H.R. 3200, Liberal bullshit, Medicaid, Medicare, Mike Pence, Obama is a liar, Stimulus, Wealth redistribution

“Not only has the stimulus not worked and the economy not been rescued, the President continues to promote policies that will create more unemployment in America. The national energy tax that went through this House last month will cause millions of Americans to lose their jobs over the next 10 years, at 2.5 million per year. And we’re debating the health care plan, the government takeover of health care, which according to the Presidents council of economic advisors model will cost five million more Americans their jobs.”

Tags: America’s Affordable Health Choices Act of 2009, Bailout, Barack Hussein Obama, democrats are evil, Fascism, Liberal bullshit, Obama fail, Obama is a liar, Obamacare, Obamassiah, Porkulus, Rahm Emanuel, Socialism, Wealth redistribution

Conservative blogger Doug Ross has been doing some homework, and the results are shocking. Then again, maybe their not?

To quickly review the situation, I took all dealer owners whose names appeared more than once in the list. And, of those who contributed to political campaigns, every single one had donated almost exclusively to GOP candidates. While this isn’t an exhaustive review, it does have some ominous implications if it can be verified.

However, I also found additional research online at Scribd (author unknown), which also appears to point to a highly partisan decision-making process.

Consider the partial list of Chrysler dealership owners, listed below. You’ll notice that all were opponents of Barack Obama, most through sponsorship of GOP candidates and organizations, but a handful through Barack’s Democrat rivals (Hillary Clinton and John Edwards in 2008, for example).

It’s an extensive read, but worth the visit. Click [here].

Read the rest of this entry »

Tags: Bailout, Barack Hussein Obama, Chrysler Dealers, democrat corruption

Once again taking from those that are responsible, and giving to those that are not.

Now Congress is moving to limit the penalties on riskier borrowers, who have become a prime source of billions of dollars in fee revenue for the industry. And to make up for lost income, the card companies are going after those people with sterling credit.

Banks are expected to look at reviving annual fees, curtailing cash-back and other rewards programs and charging interest immediately on a purchase instead of allowing a grace period of weeks, according to bank officials and trade groups.

Read the rest of this entry »

Tags: American Banker's Association, Bailout, credit cards

So now the great one and his chief of staff Rahm Emanuel have turned from trying to fix the economy to picking a schoolyard rumble with Rush Limbaugh. How mature is that? Emanuel calls Limbaugh “an intellectual force” and voice of GOP. I don’t see anything “intellectual” coming from their side of the aisle. How about turning your focus away from Rush and towards fixing things? I cannot recall a single like event anytime during the eight years G.W. Bush held office.

Since November 4th, when the Obamassiah was elected, the Dow has tumbled over 25%. As Obama and company continue their march towards socialism, Wall Street continues to respond with a big “no confidence vote”. When you consider the bulk of Obama’s porkulus screwing of the U.S. economy is going towards social programs, its no wonder. On top of that, this so-called “stimulus bill” contains 9,000 earmarks.

Obama is raping the system that has worked for decades in this county. It’s called capitalism. Instead of rewarding America’s job creators, he wants to punish them. Instead of incentivizing those disinclined to work, he’s giving them a reason to sit this one out on their collective asses. Someone else will pay the bills for them, why should they worry?

His foreign policy is fast becoming one of holding hands with those that embrace communism, fascism and dictatorial rule. He’s sent olive branches to Iran and Moscow, and is now going to send $900 million dollars of your money to Palestine.

He’s also turned his eye on socializing the U.S. healthcare system. As a direct result, healthcare stocks are the newest victim of Obama’s economic tailspin, and are shedding value with each passing day.

Today Obama is sending his Treasury secretary and budget director to Capitol Hill to defend his plan to start taxing industries on greenhouse-gas emissions, also known as cap and trade. If he succeeds, your electric bill will purportedly increase anywhere from 15% – 40%, gasoline prices up anywhere from 9% -145%, and natural gas prices from 12% -50%, all within the next 6 years.

Obama’s supporters, always wrapped up in class resentment, can’t see the forest through the trees. The love the über-partisan environment on capital hill, and walk blindly following “The One” down the path of failure.

He’s not going to change, and Limbaugh doesn’t need to hope he’ll fail, he’s well on his way.

AWB

Tags: Bailout, Barack Hussein Obama, Fascism, Pork, Rahm Emanuel, Rush Limbaugh, Stimulus

From Reverent & Free:

The Party of No
CNN has a list of stimulus proposals deemed “wasteful” by GOP leadership. Some of my favorites:

-$1.4 billion for rural waste disposal programs.

-$500 million for flood reduction projects on the Mississippi River.

-$10 million to inspect canals in urban areas.

-$1.2 billion for “youth activities,” including youth summer job programs.

-$500 million for state and local fire stations.

At least we know what the priorities of the national GOP don’t involve. Their priorities don’t involve protecting farmlands from pollution or flood prevention. Their priorities don’t include helping out our nation’s young. The GOP apparently considers it wasteful to fund local fire stations.

None of the above programs are going to stimulate the economy or create any worthwhile or long-term employment.

In traditional leftard fashion, Mr. Skinner hand picked a few items from the article, and left out the balance. Here’s the entire list:

• $2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Department of Energy defunded last year because it said the project was inefficient.

• A $246 million tax break for Hollywood movie producers to buy motion picture film.

• $650 million for the digital television converter box coupon program.

• $88 million for the Coast Guard to design a new polar icebreaker (arctic ship).

• $448 million for constructing the Department of Homeland Security headquarters.

• $248 million for furniture at the new Homeland Security headquarters.

• $600 million to buy hybrid vehicles for federal employees.

• $400 million for the Centers for Disease Control to screen and prevent STD’s.

• $1.4 billion for rural waste disposal programs.

• $125 million for the Washington sewer system.

• $150 million for Smithsonian museum facilities.

• $1 billion for the 2010 Census, which has a projected cost overrun of $3 billion.

• $75 million for “smoking cessation activities.”

• $200 million for public computer centers at community colleges.

• $75 million for salaries of employees at the FBI.

• $25 million for tribal alcohol and substance abuse reduction.

• $500 million for flood reduction projects on the Mississippi River.

• $10 million to inspect canals in urban areas.

• $6 billion to turn federal buildings into “green” buildings.

• $500 million for state and local fire stations.

• $650 million for wildland fire management on forest service lands.

• $1.2 billion for “youth activities,” including youth summer job programs.

• $88 million for renovating the headquarters of the Public Health Service.

• $412 million for CDC buildings and property.

• $500 million for building and repairing National Institutes of Health facilities in Bethesda, Maryland.

• $160 million for “paid volunteers” at the Corporation for National and Community Service.

• $5.5 million for “energy efficiency initiatives” at the Department of Veterans Affairs National Cemetery Administration.

• $850 million for Amtrak.

• $100 million for reducing the hazard of lead-based paint.

• $75 million to construct a “security training” facility for State Department Security officers when they can be trained at existing facilities of other agencies.

• $110 million to the Farm Service Agency to upgrade computer systems.

• $200 million in funding for the lease of alternative energy vehicles for use on military installations.

Funny, when the GOP acts with intelligence and responsibility and outs the Democrats for being the wasteful spend-free liberals we all remember, the lefties get up in arms.

According to the democrats we need to help the hollywood left buy motion picture film, buy furniture for Homeland Security headquarters, buy hybrid vehicles for federal employees, spend $125 million for the Washington sewer system, (why not give Fort Wayne the money they need??), and among the most stupid, $160 million for “paid volunteers” at the Corporation for National and Community Service?

Sorry, that’s quite oxymoronic. “Paid volunteers?”

If you want to stimulate the economy, stimulate it by creating wealth and jobs, not social programs and more federal spending on the kingdom.

The more things change, the more they stay the same.

AWB

Tags: Bailout, Barack Hussein Obama, fort wayne sewage, Obamassiah, Radical Left, Stimulus, Wealth redistribution

Verified at Snopes.

From Gregory Knox,

In response to your request to call legislators and ask for a bailout for the United States automakers please consider the following, and please also pass this onto Troy Clark, the president of General Motors North America for me.

You are both infected with the same entitlement mentality that has bred like cancerous germs in UAW halls for the last countless decades, and whose plague is now sweeping the nation, awaiting our new “messiah” to wave his magical wand and make all our problems go away, while at the same time allowing our once great nation to keep “living the dream”.

The dream is over!

The dream that we can ignore the consumer for years while management myopically focuses on its personal rewards packages at the same time that our factories have been filled with the worlds most overpaid, arrogant, ignorant and laziest entitlement minded “laborers” without paying the price for these atrocities and that still the masses will line up to buy our products

Don’t tell me I’m wrong. Don’t accuse me of not knowing of what I speak. I have called on Ford, GM, Chrysler, TRW, Delphi, Kelsey Hayes, American Axle and countless other automotive OEM’s and Tier ones for 3 decades now throughout the Midwest and what I’ve seen over the years in these union shops can only be described as disgusting.

Mr Clark, the president of General Motors, states:

There is widespread sentiment in this country, our government and especially in the media that the current crisis is completely the result of bad management. It is not.

You’re right, it’s not JUST management, how about the electricians who walk around the plants like lords in feudal times, making people wait on them for countless hours while they drag ass so they can come in on the weekend and make double and triple time for a job they easily could have done within their normal 40 hour week

How about the line workers who threaten newbies with all kinds of scare tactics for putting out too many parts on a shift and for being too productive (mustn’t expose the lazy bums who have been getting overpaid for decades for their horrific underproduction, must we?!?) Do you really not know about this stuff?!?

How about this great sentiment abridged from Mr. Clarke’s sad plea:

over the last few years we have closed the quality and efficiency gaps with our competitors.

What the hell has Detroit been doing for the last 40 years?!?

Did we really JUST wake up to the gaps in quality and efficiency between us and them?

The K car vs. the Accord?

The Pinto vs. the Civic?!?

Do I need to go on?

We are living through the inevitable outcome of the actions of the United States auto industry for decades.

Time to pay for your sins, Detroit .

I attended an economic summit last week where a brilliant economist, Alan Beaulieu surprised the crowd when he said he would not have given the banks a penny of “bailout money”. Yes, he said, this would cause short term problems, but despite what people like George Bush and Troy Clark would have us believe, the sun would in fact rise the next day and something else would happen. Where there had been greedy and sloppy banks, new efficient ones would pop up. That is how a free market system works. It does work if we would let it work!

But for some reason we are now deciding that the rest of the world is right and that capitalism doesn’t work; that we need the government to step in and “save us”. Save us, hell we’re nationalizing and unfortunately too many of this once fine nation’s citizens don’t even have a clue that this is what’s really happening but they sure can tell you the stats on their favorite sports teams yeah THAT’S important.

Does it occur to ANYONE that the “competition” has been producing vehicles, EXTREMELY PROFITABLY, for decades now in this country?…

How can that be???

Let’s see – -

Fuel efficient -

Listening to customers -

Investing in the proper tooling and automation for the long haul -

Not being too complacent or arrogant to listen to Dr W Edwards Deming 4 decades ago -

Ever increased productivity through quality, lean and six sigma plans -

Treating vendors like strategic partners, rather than like “the enemy” -

Efficient front and back offices -

Non union environment -

Again, I could go on and on, but I really wouldn’t be telling anyone anything they really don’t already know in their hearts

I have six children, so I am not unfamiliar with the concept of wanting someone to bail you out of a mess that you have gotten yourself into. My children do this on a weekly, if not daily basis, as I did at their age. I do for them what my parents did for me (one of their greatest gifts, by the way). I make them stand on their own two feet and accept the consequences of their actions and work them through.

Radical concept, huh?

Am I there for them in the wings? Of course but only until such time as they need to be fully on their own as adults

I don’t want to oversimplify a complex situation, but there certainly are unmistakable parallels here between the proper role of parenting and government.

Detroit and the United States need to pay for their sins.

Bad news people, it’s coming whether we like it or not.

The newly elected Messiah really doesn’t have a magic wand big enough to “make it all go away” I laughed as I heard Obama “reeling it back in” almost immediately after the vote count was tallied “we might not do it in a year or in four”! Where was that kind of talk when he was RUNNING for the office

Stop trying to put off the inevitable!

That house in Florida really isn’t worth $750,000!

People who jump across a border really don’t deserve free health care benefits!

That job driving that forklift for the big 3 really isn’t worth $85,000 a year!

That couple whose combined income is less than $50,000 really shouldn’t be living in that $485,000 home!

Let the market correct itself people, it will. Yes it will be painful, but it’s gonna be painful either way, and the bright side of my proposal is that on the other side of it is a nation that appreciates what is has and doesn’t live beyond its means and gets back to basics and redevelops the work ethic that made it the greatest nation in the history of the world and probably turns back to God.

Sorry, don’t cut my head off. I’m just the messenger sharing with you the “bad news”

Gregory J Knox
President
Knox Machinery, Inc.
Franklin, Ohio 45005

Tags: Bailout, Ford Chrysler, GM, Gregory Knox

Everyone has their hand out these days, including newspapers. Of course the proponent behind this is a democrat.

Frank Nicastro – (D), who represents Connecticut’s 79th assembly district, is asking the state government to do something to salvage The Bristol Press, a paper that may fold within days, along with The Herald. The papers’ publisher, Journal Register, is in danger of being crushed under millions of dollars in debt, and can’t afford to keep them open.

Then let them close. Let them die a miserable death. The local newspapers are not even worth buying anymore. The News Sentinel is a shadow of its former self, and the Journal Gazette is heading in the same direction. If the Journal Register is being crushed from millions of dollars worth of debt, a handout will only delay the inevitable

“The media is a vitally important part of America,” Nicastro said, particularly local papers that cover news ignored by big papers and television and radio stations.

Is that right? Why then does the local “old” media constantly check the blogs for stories, sometimes even claiming they have an exclusive when in fact a local blogger did? They (Journal Gazette/News Sentinel) won’t even give attribution to local blogs when they cite them.

But, relying on the government has raised ethical questions for the press, whose role has been to operate without government influence and media experts predict that 2009 will be the year that newspapers will “die” in wake of the financial meltdown.

This has nothing to do with the “financial meltdown”. Newspapers are old hat, and they know it. Dwindling readership, falling subscriptions and advertisers moving towards new media are all part of the problem.

Former Miami Herald Editor Tom Fiedler says that a democracy has an obligation to preserve a free press. More here.

That is unless you’re a conservative talk show. Then the democrats want to silence you.

AWB

Tags: Bailout, Journal Gazette, Journal Register, News Sentinel