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Sunday, Nov 8, 2009
A lot more than we needed to bail out the banks, which have more cash than at any point in history and still aren't doing what they were supposed to do as a result of their big fat payday for incompetence.
It's not all the car companies' fault. Why did the feds give such sweetheart deals to foreign companies that assemble (not manufacture, assemble) cars here? Why can Ford make more money manufacturing cars in Canada and selling them here (which is exactly what they will be doing in 2010 - no more American factories for Ford)?
Florida is a right to work state. No forced union membership here. And guess what? The supposed abuses that unions protect us from have never arisen. Average pay for the state is lower than some others, but the cost of living in North Florida is unbelievably low so those of us in Miami get screwed because of that, not because we don't have the Teamsters looking out for us.
One of the reasons we are in the economic position we are in is because of the Bush/Clinton/Bush theory that manufacturing is not necessary to a successful 21st century economy. Which is bullshit, but 20 years of bad policy has left us a third world country - all the resources in the world, but we make nothing with them.
Failing to bailout the automakers (as long as they have a plan to make themselves world class companies) is a continuation of the destruction of America.
any other country...economic malfeasance...would be the charge.
These men are a disgrace and should be targeted for removal in at the least the next election..Find the candidates to run against them NOW...Start raising money and declare to divert the attention away from DC and back to their districts! Divideand conquer!
I have a close Republican friend who doesn't beleive me when I tell her people like you exist, that blame the auto industry woes on CAFE, that blamed the California blackouts of a few years ago on Environmentalists, who blamed the oil speculation that just went bust on lack of drilling. Those notions are just too dumb for her to process, almost like I was 20 years ago thinking that the American People wouldn't allow Creationists to gain a foothold in politics.
Let's look back to the beginning of the economic bust. 9/11 was recoverable, the collapse of the vaperware-fueld tech-bubble was recoverable, but the manipulation of California's energy market (by Enron) then later, the collapse of Enron, really started the pull in an ugly direction. The fraudulent mortgage securities pulled in a different direction. The massive loss of jobs over the past 8 years without job replacment, and our money flowing to foreign companies, pulled in a different direction. The huge increase in fuel (not just cars but heat and electricity) pulled in a different direction. Billions of dollars in Iraq pulled in a different direction. Health care is another 800 pound gorilla and weights the economy down. At what point does this pull apart? NOW! All of this points to deregulation. YOU and yours have been in charge of this but that doesn't start ya'll from pointing at the the Union-spookypeople and those horrible environmentalists. That has been the same game since the 1920's.
It's obvious that Senator Cocker believes some Americans make too much money, especially blue collar people. And they say class warfare doesn't happen in this country.
Here's a news flash for the people who wrote this article: The American public prefers purchasing foreign cars because they are better designed and far better quality. They don't like throwing taxpayer money on industries that produce products that are junk. Why is it that in the annual Consumer Reports Automobile issue American cars always receiving the lowest ratings for quality? Is that the fault of our government? Is it the fault of the American taxpayer?
When an industry cannot produce a quality product the people want to purchase they deserve to go under. Yes, there will be job loss but more foreign manufacturers will open up plants here which will result, in the long run, in more jobs for sales, service, and the large aftermarket parts and supplies.
The world will not end nor our economy disappear if we cannot purchase a Buick, Oldsmobile, or Chevy. Fund technologies of the future, not the past, with taxpayer money.
U.S. Senator Jim Bunning (R-KY) was a pitcher for the Detroit Tigers in the 1960s. He had a visit scheduled at a suburban Detroit swap meet to sell his autograph for 35 bucks ... and was one of the people who voted against the bailout!!
Luckily, the business owner cancelled the event. Read about it here.
freep.com/article/20081213/BUSINESS01/81213001
It's all about the anti-people Conservative Republicans trying to bust the UAW. Union members, no all working people, need to remember that every time they vote for one of them, they're voting against themselves. Anti-people Conservative Republicans are all about the very rich. Try and think of one initiative Republicans enacted exclusively to benefit the American people. You have to go back to Teddy Roosevelt and his conservation and national parks initiatives. That's it! Since then, the people have gotten only "do as I say, not as I do" Christian values.
Thanks to Cheney/bush and their other anti people Conservative Republicans co-conspirators, the very rich have now had their way with America and soon they'll cast her aside to be relined so that she can be ready to be ravaged and savaged the next time; probably 2016. In the meantime, we'll need to find a national chastity belt; double strength.
So, where's the $700 billion Wall Street bailout money?
With the U.S. Treasury in such a distressed state, it's time to slash the pay of members of congress to put them more in line with their Japanese equivalents; along with eliminating those "gold plated benefits" and retirement packages.
corrupt and incompetent corporations, foreign or domestic.
What is a terrorist ? - someone who, to advance his own cause, will hurt others without caring. It seems to me that these senators are domestic terrorists and must be detained at Gitmo ASAP. They don't care how many families they hurt while they advance their own cause.
Much of the initial coverage about Fort Hood turned out to be wrong. Is there anything wrong with that?
The accountability imposed by another country for the CIA's kidnapping and torture reveals much about our own.
Fox News' morning show plays to type, talking about whether Muslims in the Army should face "special debriefings"
The survivor and author is upset about comparisons some on the right are making to genocide
Once seen as a lunatic fringe, reactionary anti-women groups are courting respectability
Salon headlines in your mailbox
