Today, the House Republicans introduced the "Spending Reduction Act of 2011". They propose cutting $2.5 trillion over 10 years, or roughly $250 billion each year. Unfortunately, this is a deficit reduction measure, not a spending reduction. And I say that because until there isn't a deficit, Congress is still spending more than it receives in revenue, and nothing is accomplished other slowing the rate the national debt grows, and providing a wide range of re-election campaign fodder.
Call me when the deficit disappears. Then we can applaud.
Thursday, January 20, 2011
Monday, June 01, 2009
Show us the numbers.......
It seems the Chinese haven't fallen for the Obama cult. I'm sure it was a surprise when Obama's herald, Timmy Geithner, said “No one is going to be more concerned about future deficits than we are,” and the response by the Chinese was:
“It will be helpful if Geithner can show us some arithmetic,”
“It will be helpful if Geithner can show us some arithmetic,”
instead of the expected "ok, where can we buy more of your debt".
Sunday, May 31, 2009
World's most prolific serial killer...dead
George Tiller, one of only a handful of "doctors" who still perform late-term abortions, was shot and killed today while performing his weekly act of hypocrisy.
Aw, shucks.
Aw, shucks.
Adios, General Motors
Tomorrow, at 8:00 am, one of the largest corporations in the United States will file for bankruptcy. Only problem is , this isn't your ordinary bankruptcy.
Under this new regime headed by The One, large companies are being forced into pre-arranged bankruptcy, with said arrangements specifically designed to extract control from free market, capitalistic ownership and give it to organized labor. All to the thunderous applause of our elected leadership.
The US government has put the US taxpayer (that's you and me) on the hook for billions of dollars for the bankruptcy's of GM and Chrysler, whose future's depend solely on the very organizations that ran them into failure: the United Auto Workers.
Never before has there been such a transfer of wealth at the command of the government. Even during wartime (esp. WWII), these companies turned production completely over to war material, but were not nationalized.
In the past, I was mostly union-neutral. I didn't really care if unions got their way or not, most likely because I've never been employed where a union had any authority over me. Tomorrow, though, that will change.
I will be anti-union. It's their fault. They refuse to recognize that in the "one world" that liberals have constructed, assembly line labor has a value of about $0.60/hr. Unions have banded together to force their wages up to a point where companies found it economical to develop manufacturing capability outside the US, in markets where labor is literally dirt cheap. When wages (and benefit packages) weren't so ridiculously costly, management didn't need to look elsewhere. Now that they have looked, found, and developed cheaper ways having a tire put on a car while it travels down the assembly line, the unions go berserk.
Face it, brother. Your $60.00/hr job is really only worth $0.60/hr. You did it to yourself, believing the tripe being fed to you for generations by the union bosses. Want more money? Go on strike.
Habla espanol`?
I give the unions 6 months to a full year to discover they don't know the first thing about running a company. The first thing the new "management" will do, of course, is give the brothers what they've been wanting since day one: The pay they deserve. Only one thing, though, the smallest, cheapest GM/Chrysler car will cost around $80,000. A comparable Toyota will cost around $12,000.
You don't have to be a math major to figure out the future for these union-managed companies.
Bankruptcy. The next time though, you and me are the creditors.
Under this new regime headed by The One, large companies are being forced into pre-arranged bankruptcy, with said arrangements specifically designed to extract control from free market, capitalistic ownership and give it to organized labor. All to the thunderous applause of our elected leadership.
The US government has put the US taxpayer (that's you and me) on the hook for billions of dollars for the bankruptcy's of GM and Chrysler, whose future's depend solely on the very organizations that ran them into failure: the United Auto Workers.
Never before has there been such a transfer of wealth at the command of the government. Even during wartime (esp. WWII), these companies turned production completely over to war material, but were not nationalized.
In the past, I was mostly union-neutral. I didn't really care if unions got their way or not, most likely because I've never been employed where a union had any authority over me. Tomorrow, though, that will change.
I will be anti-union. It's their fault. They refuse to recognize that in the "one world" that liberals have constructed, assembly line labor has a value of about $0.60/hr. Unions have banded together to force their wages up to a point where companies found it economical to develop manufacturing capability outside the US, in markets where labor is literally dirt cheap. When wages (and benefit packages) weren't so ridiculously costly, management didn't need to look elsewhere. Now that they have looked, found, and developed cheaper ways having a tire put on a car while it travels down the assembly line, the unions go berserk.
Face it, brother. Your $60.00/hr job is really only worth $0.60/hr. You did it to yourself, believing the tripe being fed to you for generations by the union bosses. Want more money? Go on strike.
Habla espanol`?
I give the unions 6 months to a full year to discover they don't know the first thing about running a company. The first thing the new "management" will do, of course, is give the brothers what they've been wanting since day one: The pay they deserve. Only one thing, though, the smallest, cheapest GM/Chrysler car will cost around $80,000. A comparable Toyota will cost around $12,000.
You don't have to be a math major to figure out the future for these union-managed companies.
Bankruptcy. The next time though, you and me are the creditors.
Slowly coming back to life
I've finally gotten around to re-vamping the blog a bit. There's quite a bit to talk about, given the missteps the current Administration make on a daily basis.
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