Showing posts with label economic meltdown. Show all posts
Showing posts with label economic meltdown. Show all posts

Sunday, August 7, 2011

The Deficit and Credit Ratings: Truth Will Set Us Free

Here comes the blame game. Factions in the Liberal mainstream media and the Democratic Party are going full speed ahead to obscure the real culprits and causes while resorting to all out demagoguery to corrupt public opinion and obliterate the truth.

That Standard and Poor’s reduced the credit worthiness of United States’ bonds should surprise no one. If the reckless deficit spending is not enough, that so little was accomplished coming to grips with the problem and that politicians were acting like self-serving hacks far more dedicated to destroying their opponents than making any real progress further establishes the government of the United States is not exercising sound fiscal judgment. When a government has no financial self-discipline and no guiding principles guiding its fiduciary responsibilities, how can they be worthy of the highest AAA rating indicating the lowest level of risk?

While the Tea Party faction certainly showed a lack of political sophistication through out the crisis resolution process, give them credit for being the one political entity that recognized runaway deficit spending must stop and Federal spending must be scaled back. That is the same message the credit rating entities have established too. So how is it then that the Tea Party sympathizers are terrorists or held the American system hostage?

They’re being set up for the fall, to be the ones on whom the credit ratings reduction should be blamed when if the unthinkable had happened, and the Democratic led Senate and incompetent Obama White House had supported their position, the problem would have been avoided. That the Tea Party refused to give in to traditional Washington politics and compromise made them the easy target.

How hilarious it is in hindsight that the doomsayers were screaming credit reduction and a stock market crash would result if a deal weren’t struck by August 2nd the date on which America would have technically gone into default. Well, the market crashed anyway and the bond ratings were reduced in part because the deal struck did not go far enough.

The blame clearly belongs to Barack Obama and his agents in the Senate, most notably Majority Leader, Harry Reid, who used Senate rules and parliamentary shenanigans to keep house measures from a fair debate and vote in the upper chamber. While the Democrats screamed and hollered all the Republicans sought to do was block action, the House submitted a budget and two proposals or resoling the debt. Where were the Senate proposals until the 11th hour? The original position was to have a “clean” vote to simply raise the deficit limit. That’s all.

With only control of the House, the Republicans could only do so much. Had they not compromised, the political damage would have been severe. Americans prefer wishy-washy meaningless settlements in the name of compromise (as if that’s a virtue when one side is right and the other wrong). The Republicans knew this and submitted but there wasn’t much they could do.

Right now, it’s time to go on an all out public relations blitz to get the truth out and to refuse to let the Tea Party become scapegoats for what is truly Barack Obama’s fault. Obama is the ONLY president ever to have allowed the trust in American credit worthiness be called into question but with huge government spending programs added on top of an already weak financial situation, with the so-called stimulus, Obama-care, and many sellouts to organized labor including the GM/Chrysler efforts, also is responsible for pushing lending into unthinkable territory.

The private sector needs to be energized. There can be no threat of higher taxes. Taxes which inhibit investment must be eliminated. Dreadful over-regulation must be nullified including onerous laws like Frank-Dodd on banking and Sarbanes-Oxley which strangles business in red tape.

The only solution is that the Senate must change hands and a strong Republican President must be elected. The Tea Party will play a key roll in helping this come true if they are not marginalized and demonized which is exactly what’s playing out in the news right now.


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Sunday, April 3, 2011

Obama Kool-Aid, Paul Krugman, Because I Say So

Elitism sucks. Once upon a time, the law was whatever the king said it was. Of course there are sleazy dictators and unscrupulous potentates who still uphold such notions and the consequence of speaking the truth can be lethal. Of course there are those who are just the messenger -- don't blame them, they speak for a higher power, but if you don't do as they say because they speak for Allah or some bizarre evil distortion of God, you'll wind up dead too.  Elitism rules the mainstream media too as its number one source, The New York Times claims to cover "all the news that's fit to print." Of course who decides what's fit to print. The message is, this is what's to print BECAUSE WE SAY SO.

Like a corrupt kingdom or religion, the New York Times has its own psycho-disciples, who spread the creed not just presenting what they say is fit for our consumption, but who is right and who is wrong and exactly how the huddled masses are supposed to feel about their edicts. It takes little time before their most mighty mouthpieces and arbitrators of all that's fit, Maurine Dodd the erudite naysayer and ultra bitch of Paul Krugman, the fellow who's so big a mere chip on his shoulder isn't good enough, he requires a fine California sequoia for that purpose.

We, of course, are just a bunch of average Joe's, like the fictional Los Angeles detective, Joe Friday from Dragnet, his credo was, "The fact's, ma'am, just the facts." Is that too much to ask.

What American couldn't be outraged, angry, and scared by the horrible massacre where innocent citizens gathered and were murdered, congresswoman, Gabrielle Giffords was shot, outside a Safeway in Tucson, Arizona?

The story was just beginning to unfold through out the news media, but within minutes of the report, there was Paul Krugman, the ominsicient seer, "it is because I say so," no time to gather facts, blaming the incident on rightwingers inflammatory speech being the cause suggesting that some whacked out, right wing extremist pulled the trigger. The edict hath been declared from high atop the great Ivory Tower of Wisdom, well maybe the gaudy bankrupt New York Times headquarters. okay truth be told, some grumpy old dork sitting at a computer keyboard. Quickly, the lower barkers started to yip from MSNBC to NPR. Quickly the facts piled up and their template simply didn't fit, but did they correct their error, hardly, they just barked louder and louder.

Meanwhile, their compatriots accused the other side of being Nazis, baby killers, racists, and just about any other label they could dream up. When it comes to inflammatory rhetoric and hate speech, what would they have to say about the union thugs and the spineless Wisconsin Democrats who fled the state, abandoning their jobs and resposibilities, screaming in heated hostile rants full of personal attacks and threats? If hate speech and inflammatory rhetoric is so awful doesn't the Wisconsin situation count?  Nope, it doesn't fit, but if the Republicans tasked with trying to save the state from financial offered the slightest criticism of their adversaries -- look out!!

The bubbling hot domestic issue right now is economy. Would not one want to know how an Ivy League educated professor at the Woodrow Wilson School of Public and International Affairs at Princeton University hired to write substantial, highly informed column for the New York Times assesses such economic matters as the Federal Government's massive debt, should not us lowly subjects hang on his ever word?

He thinks so.

Normal folks and some lesser economists see higher gas prices, a huge debt with a government unwilling to reel it in, uncertainty on how the Arab world's chaos could affect fuel costs, how might the Japanese mess destabilize the world's markets, what will the impact of "Obama-care" and escalating health costs do, and how much more regulation and government restrictions further choke financial growth. This issues seem real and very threating. Some are very quantifiable. The world's economic state of 2011 does not provide a good climate for investment, hiring, and expansion.

Paul Krugman doesn't think so.

Things aren't bad. It's those horrible people who want to blame everything on Obama. Based on earlier columns he's written along with the wicked witch or is it blabbering bitch of the Ivort Tower, Maurine Dowd, they know what those people are all about -- THEY'RE HATERS, THEY'RE BIGOTS. They're trying to scare everybody and have tried to make that noble and nice Barack Obama the scapegoat. His opinion is Obama skeptics are flawed human beings whose judgment is so clouded with prejudice, one need not even be able to repeat what their point was, Krugman can simply dismiss it as out of hand. They're not Nobel Prize winners. they're just low life yokels they don't even have the stature to respond, because in the Land of the Ivory Tower, they'd have their tongues cut our to spare the impressionable masses the temptation of exploring notions that counter their edicts. The Empiror Obama is just and wise. The Empiror would never mislead the public and the Empiror would never bee seen in public without his luxurious clothes on. The public cannot believe what their lying eyes tell them. The Empiror is a man of exceptional style in splendorous fine adorments from head-to-toe. Yes, as messenger for the thrown, we should all heed,

"All This Stuff About Uncertainty is a Myth Made Up to Blame Unemployment on Obama."

Well there you have it. Somehow the little girl who shouted out the Empiror Obama isn't even wearing gym shorts and a Harvard tea shirt is making a lot more sense than Rube Krugman. If a tree falls in a forest and no one hears it fall, does it make a sound?  If the New York Times publishes a Paul Krugman column and no one heeds his tale, is it still real news?

While the empiror can't find his tea shirt for his grad school alma matter, maybe Mr. Krugman can at least lend him a Princeton tea shirt.  If Ivy League tea shirts are like the prevailing ideologies articulated by their elites, one size fits all.



Reference article: http://newsbusters.org/blogs/noel-sheppard/2011/04/03/krugman-all-stuff-about-uncertainty-myth-made-blame-unemployment-obam#ixzz1IVabuVXe

Wednesday, March 2, 2011

Michael Moore: Aside from Being a World Class Asshole -- He's Just Plain Wrong

Why make such a big deal about Michael Moore? After all, he's just a hack filmmaker who has trouble getting funding for his movies. Sure, his influence is limited outside of preaching to the choir of the committed leftists who believe what he believes.
What is most interesting about Michael Moore is that no figure articulates the true agenda of the left in clearer more certain terms -- what their core beliefs are, their priorities, and their philosophical assumptions. He does so in such an obvious nuanced-free manner, he makes what everyone from Barack Obama to labor bosses to the Hollywood crowd to the big voices of media outlets like the New York Times and MSNBC all believe very clear so all can see, this is what they're all about. He does so in a most straight forward, pull-no-punches manner -- it's good to listen and take note.

The most important underlying assumption to all their ideology is the basic Marxist assumption that all political activity and economics are a matter of class struggle -- the exploiters against the exploited. In our society, the filthy rich (meaning any one above the subsistence level who does not have a union job) are oppressing "working people" (translation -- people who work for labor unions or receive public assistance (wait they work?).

The great lie behind the Wisconsin labor insurrection is that there is plenty of money to go around -- that Governor Scott Walker is just looking out for his corporate friends by giving them tax breaks.  Oh, in a state that is facing severe financial strife largely due to the loss of manufacturing jobs (as in overpriced union jobs where union wages and beneftis made it no longer profitable to maintain the plant) providing companies tax incentives to locate in Wisconsin helping to improve the employed work force then in turn paying more taxes hence a more solvent system that could benefit public employees is hardly looking out for "friends" unless Governor Walker's friends are the entire state of Wisconsin including the AWOL senators and union slugs who would benefit from a healthier state economy.

This is logical and can be verified with provable statistics. So how far away from reality is the fat turd from Flint Michigan?  His assertion is essentially all wealth that isn't were he thinks is where it belongs has been stolen, here are his own words from a recent interview:

"They're sitting on the money, they're using it for their own -- they're putting it someplace else with no interest in helping you with your life, with that money. We've allowed them to take that. That's not theirs, that's a national resource, that's ours. We all have this -- we all benefit from this or we all suffer as a result of not having it,"

This is class war propaganda and nothing else. Produce something of value or demonstrate a talent that creates value for others, you earn accordingly. The more a person's job is reduced to a clearly defined job description interchangeable with somebody else's the less value that person produces and wages and benefits should reflect accordingly.  Part of what has destroyed public education is how much more the art of educating children has been converted into an assembly line process governed by union advocated rules. It's little wonder then, that unions would fight pay-for-performance with all their might knowing that the whole interchangeability of teaching assignments cannot be justified and a system based on rewards by seniority would not stand.

Unions favor well-established closed shop corporations who can afford union wages. Of course eventually these businesses reach their lethal point where they either go out of business or flee to new environments where union privileges don't reign supreme. When the wealth is divied out by labor contracts, what retains wealth to generate new products and businesses?  Oh, do they think government labs and university grants can accomplish all that? Hardly, Western Electric, the great AT&T (the old phone monopoly) only made one kind of phone. There was only one kind of phone service, but union workers working for AT&T made GOOD money. The government broke up the monopoly. Phone company employees were rewarded more on the basis of productivity, and competition between phone companies produced all kinds of new technology we use every day.

Here's a sermon on how to play to lose.  Right from the fat arse's
thoughts.....



REFERENCE ARTICLE:

http://www.realclearpolitics.com/video/2011/03/02/moore_on_wealthy_peoples_money_thats_not_theirs_thats_a_national_resource_its_ours.html

(Source: Real Clear Politics)

Wrong is wrong and Moore is less.


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Friday, August 7, 2009

Cash For Clunkers: YOU Pay For Others' Car Purchase Rebates!!!


Possible clunker? YIKES!!!!



There’s nothing new about automakers offering rebates to lure in buyers. For decades the auto industry has set the manufacturer’s suggested list price higher than what they expect to be the selling price as part of a marketing psychology that consumers are more likely to buy something if they feel they are getting a deal or special consideration. In their mind they are lead to think they might have saved $5000 when they just committed to pay $35-$40 for a new set of wheels that they will be financing for the next five to six years.

That’s the way it used to be before the Federal Government got into the automotive business. It was just a shell game, a marketing ploy, manipulating the numbers while arriving at the selling cost the automakers intended to sell the cars for in the first place just like the whole concept of selling cars at, near, or below factory invoice. Those invoices do not reflect the true cost of the car to the dealers.

Congress just added TWO BILLION more dollars to continue the cash for clunkers program. This is no manipulation on paper of the selling price, this is YOUR tax dollar going to pay car buyers whose trades qualify as clunkers based on their fuel mileage compared to the cars they intend to buy. The clunker then must be rendered undrivable and not resalable destined for destruction even if they were perfectly drivable and safe cars before being used as bargaining capital in this latest government ploy.

Perhaps the government was hoping “Cash for Clunkers” would send buyers streaming into GM and Chrysler showrooms, and to be sure, they have seen a slight bump in their moribund sales, but the real winners are TA-DAH Toyota, Ford, and Honda. Is there not something ironically satisfying to see that the automakers who are making good cars to begin with who could do just fine without the government bailing them out should be winners in this bizarre sweepstakes?

The best seller is the Toyota Corolla followed by the Ford Focus, Honda Civic, Toyota Prius, and Toyota Camry though apparently General Motors is moving the most over all total number of cars. While four of the five top sellers are Japanese manufacturers, ironically the Japanese cars are primarily built within the United States but the Ford Fusion is built in Mexico. Go figure. One of GM’s best sellers, the Chevrolet Impala is built in Ontario, Canada.

Something just doesn’t seem right about destroying perfectly good cars for political bragging rights. While the rebates seem unseemly enough having the American public underwrite the car purchases of other citizens, getting rid of drivable cars that might be very beneficial for some seems like just one more manifestation of government waste.

If the government is going to be giving money away, surely there are some enterprises that deserve consideration. Here’s an interesting insight into the issue from Diane Auer Jones, former Assistant Secretary of Education for Post Secondary, current President and CEO of the Washington Campus writes her sharp critique of the program with a proposed alternative. Check this out!

http://chronicle.com/blogPost/How-About-Cash-for-Students-/7548/

Monday, August 3, 2009

Is There Any Doubt Taxes for All Will Go Up?


The pick-pocket in chief.
Soak the Rich, Screw the Rest of Us


For those paying close attention to Barack Obama’s agenda and political philosophy, it was only a matter of time – it was never “if” taxes would go up, but when. Note this date, August 2, 2009 was the date that the administration tipped its hand with his top economic big shots including treasury Secretary and admitted tax fraud made it crystal clear it’s not a question of when taxes will be increased but how. He couldn’t have been much clearer on the issue than how he responded on ABC’s, This Week with George Stephanopoulos to the host asking the questions. Additionally, advisor, Larry Summers said basically the same during his appearance on CBS’s Face the Nation.

Having two officials deliver the same message on the same day, the administration leaves itself with little wiggle room to deny their intention. Can anyone take Obama’s denials a day later seriously? His top money guys were sent out to deliver the message, period.

Today, the economic news is troubling to the government showing the steepest drop in tax receipts since 1932 as the deficit continues to rise to now $1.8 TRILLION!!! The Associated Press’s economic team indicates receipts are down 22% from a year ago, unemployment, a downturn in economic activity, and possibly potential tax payers running for shelter in fear of rising taxes all contribute to this bad news. As Ronald Reagan’s and George W. Bush’s policies provided so dramatically, stimulate the economy by cutting the tax rate freeing up capital generating sources to crank up their profitability so by increasing the volume of their taxable income rather than grabbing it away from companies at the expense of their growth the economy benefits the most and government receipts go up.

How can tremendous tax increases not be inevitable when this administration and its allies on Capitol Hill, Democratic majorities in the house and senate, have committed to a vastly larger roll for government ballooning up virtually all functions of the Federal Government to the highest levels ever with this huge societal makeover spelled out in funding allocations in the huge omnibus spending bill, the so-called bail out measures, the allocation of troubled assets relief funds, bailouts of the auto industry with huge concession to labor unions, and the biggest measure of all currently under consideration, the complete government takeover and destruction of the nation’s current health care system in favor of a Euro-Socialistic approach.

Savvy political observers who watched Barack Obama emerge as a candidate from the earliest days knew this day was coming. Higher taxes are the inevitable consequence when left wing ideologues never having had significant private sector responsibilities seize power not being able to heed the knowledge and experience from those with more pragmatic, realistic expectations of the government.

Few paid attention to the kinds of influences who inhabited Barack Obama’s inner circle. There were plenty of left wing extremists, ideologically based activists, and radical elitists from academia. His main political constituencies were from Chicago corrupt machine politics, organized labor, and insidious activist groups like ACORN.

At the heart of the Obama political philosophy is that wealth is ill-begotten. For a person to amass individual wealth must be at the expense of others more deserving of retaining such finances. The government itself should be the arbiter of what constitutes sufficient income for individuals and all wealth in excess of that amount is essentially fair game for the government to redistribute as it assesses society’s needs for such funding. The neediest, of course, are those who are the most consistently supportive of the Obama machine and to whom the administration is beholden to for their support. Is it any wonder organized labor essentially has a card blache in having their political priorities actively supported both on Capitol Hill and in the White House?

A common failure among elected officials at all levels but most pronounced among left wing ideologues is the recognition that tax receipts are the people’s money not theirs to be spent frugally for the common good. The true believers in the nanny state, that they as the “progressive” leaders have a vision from which they know what’s good for society and it’s up to them to decide how much money it is legitimate for private citizens to retain, leads to the notion that the government can solve all problems and there should be government programs specifically designed to solve each and every one. Once that mindset takes hold, then those programs become the result of special interests groups lobbying the loudest for inclusion in the master plan. When the huge expenditures leading to out of sight trillions of dollars in debt are examined and citizens realize which programs are getting massive funding, we clearly see the rewards being allocated to the special interest groups that are in favor or to whom the administration and the democratic party is beholden. Labor unions, the environmental lobby, groups like ACORN, and select industries and finance concerns are in the driver’s seat.

Since 1994, the social activists sphere and the labor lobby has had limited success getting the goods from Washington, but with strong majorities in both houses and the most left wing President ever, an orgy of wild spending giving into their every agenda item and whim is running up a seemingly insurmountable tab. However, the attitude is these groups are entitled to such goodies, and we as members of society owe it to them.

In the Obama-nation, the national government rules supreme. For-profit private sector enterprises are viewed with contempt to be regulated into compliance where the government is empowered to regulate salaries, determine workplace conditions, impose more and more environmental and energy use regulations through “cap and trade,” and provide for overwhelming subjugation to union power. State and local governments are subservient to the Federal government beholden to administering as directed what the Federal government passes off to them to control. Using the power of the Federal purse and the strings attached to such allocations, state governments have no leeway to challenge Federal mandates over their ability to act in the state’s best interest.

Through taxing the rich, the concept is that those who have been rewarded for their accomplishments must be brought in line with the masses of society. This is an inherently dangerous strategy which promotes failure as the desire is to bring down the best to a common level rather than seeking to provide the means for the lowest levels to have the opportunity to rise up to higher levels. When innovation and success are not rewarded, how does the United States maintain its leadership in the world economy, science, engineering, medicine, and technology?

The government cannot come up with a master plan for innovation and creativity. The more the government limits others perusing such lofty goals through limiting their finances and providing stifling regulations from which they can operate, the less great new things will sport the American label.

Today, Obama insists somehow everyone got it all wrong yesterday; there will be no middle class tax hikes. If the public is dumb enough to believe that, then they’ll believe Maryland will soon realize windfall financial gains selling ocean front condos outside Hagerstown.

Thursday, May 21, 2009

Michigan Unemployment Zeroes in on 13%


That the Detroit Lions went 0-16 seems like such a distant and silly tragedy when in the real world, unemployment in Michigan has hit 12.9% for April according to The Detroit News. This is the highest since 1983. If you remember what product Detroit had rolling off the assembly line back then, it is little wonder. Want a used Chevy Citation?

Soon, what's left of General Motors and Chrysler will be government jobs but how far can the government go and how can government control yield competitive car makers.

Certainly, if someone visits a Chevrolet showroom, one would find some pretty darned nice cars in the Chevy Malibu and Impala. These cars stand up nicely against their Japanese competition and Ford's Fusion and Taurus. J.D. Power overall ratings place these cars at the top along with Ford's entries too -- as good or better than the Japanese. Sadly, the same isn't true of Chrysler.

While we sympathize with our brethren in Michigan, but shouldn't the market not Washington decide the fate of GM and Chrysler? If GM could shed some weight, they have the muscle to still be a fine automaker if their legacy costs don't kill them. Chrysler has little left that's unique. Perhaps the Jeep product line could be absorbed by another automaker if CAFE standards don't doom it to begin with.

The old wisdom is, "if it ain't broke, let the government fix it until it is." The free market wasn't broken....

Michigan needs to make itself an attractive state to attract new businesses and build an infrastructure to train displaced autoworkers to function in 21st century jobs. This is ultimately what's good for the state and the workers. It's not good for the UAW, and they're the ones with the political clout right now. Traditional unions are more obsolete than a proverbial Chevy Citation no matter how much Obama-nation caves into their every wish.

Chrysler corporation with 55% union ownership is a hen house run by the foxes.

God help the Wolverine State!

Wednesday, May 20, 2009

Right On, Michelle!!


Stated on Neil Cavuto's 4:00 pm program on Fox news...

The government never has to worry about paying anything back because it’s not their money. Michelle Malkin, Tuesday, May 20, 2009

Brilliant!!! She speaks well for herself. We have nothing to add!!!

Monday, May 11, 2009

Whatever Happened to "Don't Borrow Trouble"?


We try so many analogies and metaphors to try to establish the enormity of the Federal Budget and ominous deficit. However, given the horrible inefficiency of government spending, how much money is wasted on overhead, and how little actually is spent on producing tangible results, all of it should make every taxpayer and concerned citizen intensely angry, but now get this, the government now projects that it will be borrowing 46 cents for every dollar it spends. That’s darned close to half of every dollar being a dip deeper into the deficit which will burden future generations for an indeterminate future but in the meantime, look at who is buying up our debt, the red Chinese and Saudi Arabians, hardly the kind of sympathetic sources who have our interests at heart. \\

Any contention from the Obama administration or leaders on Capitol Hill to control the growth of government is a bold faced lie. Their fundamental political philosophy is one that seeks bigger government playing a larger, more obtrusive, more restrictive roll in the lives of every individual and the operation of all private enterprises. However, the more money tied up in government activity reduces the amount of money left for the private sector to do the kinds of things that help us earn a living and create opportunities for the future through economic growth, innovations in technology, and better methods and techniques for production and delivering services.

Never expect an honest answer from a criminal about the crime he commits. Likewise, do not trust those who are robbing us and our future blind in Washington to do the same. Forget about the mess Obama inherited from the administration of George W. Bush. Yes, true fiscal conservatives and those who believe in fiscal responsibility can point to some lavish expenditures from the last administration, but though the budget was essentially balanced when Bush was elected, the country was in a mild recession, and quickly after 9/11 we were at war. The war expenses alone put a strain on any hopes of balancing the budget.

Another myth was that Bush officials were asleep at the wheel while the pieces of the nation’s economic collapse were falling into place. Yes, they could have done more. Perhaps their biggest mistake was not going public in a loud and forceful manner with some of the concerns they raised as early as 2002 about problems with lending practices new regulations allowed Fannie Mae and Freddie Mac to exploit. The runaway issuance of high risk unsecured mortgages and how those loans were bundled as sellable commodities in the financial markets are at the center of the financial industry’s collapse. Once the cost of day-to-day life went up with higher fuel costs taking money out of the economy for other activities and straining budgets making individuals more likely to get behind on their obligations, the whole backbone of the economy unraveled too quickly for any response to be effective. The struggling auto industry suffering from stiff competition and the burden of legacy costs skyrocketing from higher health insurance premiums for not just current employees but as benefits assured retired workers, General Motors and Chrysler, two companies with bulky, unresponsive business models to begin with became way too strung out on their financial obligations to handle their day-to-day operating costs. Other weak businesses faltered too.

Sadly, the headline 46 cents of every dollar spent reveals just how counterproductive any effort the government makes to right the economy truly is. Instead of promoting a culture of opportunities on all levels, the government is tightening the noose tighter and tighter making those with the potential to invest in existing businesses and start new ones function in much more of a defensive posture rather than proactive pro-growth stance. While the administration claims to be simply tightening loopholes companies exploit with foreign investments and activities that haven’t resulted in tax income to Washington, DC, once again the socialist sympathies of the Obama administration are creating a negative impression of what corporations need to be players in the international economy. Fundamental logic is that the more the government restricts companies with international interests in doing business in this country, the more those companies will abandon as much of their efforts as possible to the least restrictive and most profitable environment elsewhere.

The Obama administration fails to understand very basic facts. The best thing the government can do is to eliminate everything it can to make doing business in the United States more profitable and less expensive. The administration is doing the exact opposite on every level from tying up more and more of America’s wealth in the government while restricting and taxing what’s left for the private sector to work its magic.

Economies grow on the success of competitive companies that produce quality products more economically and at higher quality than their competition. Quality companies are on the cutting edge of rolling out new products and devising new production techniques and best business practices to lead their industries. Poor performers do not attract legitimate business and either show improvement improve, have assets that are valuable to successful companies who might find acquiring them useful, or they go out of business.

Chrysler Corporation has some good products and high quality production facilities, but in a truly free enterprise economy they don’t make the cut and probably deserve to fail. General Motors is a more complicated story. The bottom line is they are as much victim of their own poor business decisions and products as anything their competition has done to beat them. Their failure opened the door which other companies came rushing through. The thought that the Federal government, Fiat, and the labor unions with all kinds of special concessions specifically put in place to avoid established impartial bankruptcy law does not bode well for success. We are justifiably scared when the White House fires GM’s top exec. Likewise, the constant juggling and shifting requirements brought on by government involvement attempting to resolve problems in the banking and finance industry are even more difficult to sort out. Much of the initial damage came from what Bush’s treasury secretary Paulsen devised in dealing with troubled assets, but once again, the Obama response amounts to dosing a fire with gasoline to contain the damage. Profitable banks being forced to accept loans so the troubled banks might avoid detection is simply horrible policy as no one, even a recipient who doesn’t need the loan, escapes the strings, as into massive intrusion into company operation and expenditures, which completely turn all company affairs topsy-turvy.

This same logic extends to financial stimulus money targeted to states whether they stated a need or asked for assistance. Certain entitlement programs and other activities are so valuable to the Obama administration and the Democrats on Capitol Hill money has been allocated to all states to use for bringing their programs in line with the government’s master design or else. Where governors refuse the government funds, the Federal government in turn pushes the matter to the state legislatures to overturn the governors’ decisions many designed to keep the state from commitments it cannot sustain in the long run. Just as the Obama economic vision meddles with business, it is likewise creating financial mandates that would then become built-in fixed permanent expenses states must address before dealing with the myriad of issues particular to each state. Once again, the supreme power of the Federal government means less freedom and flexibility for states to manage their own affairs.

Highly regulated, authority centered, centralized governments are doomed for failure. Eventually, they collapse under their own weight and inefficiency. The Soviet Union was developed to lead to a socialist utopia but in practice communism became one of the most oppressive, wicked governments in the history of human civilization. Whether studying Vladimir Lenin’s or Barack Obama’s philosophy, once fully unmasked one is left with the basic assumptions on which the Communist Manifesto of Karl Marx and Frederick Engels was founded. The belief that class struggle is at the heart of all politics and that private ownership and the profit motive are evil and oppressive are easy to identify in Obama’s politics as is his appeal and the support he receives from organized labor and corrupt tools of political insurrection like ACORN.

46 cents lent for every dollar spent is the tip of the iceberg for the greatest threat to American democracy since nuclear weapons on a hair trigger were aimed at our cities, ports, defenses, and production facilities. The collapse of great civilizations through the ages generally were caused by cancers growing from within than threats from abroad that the Obama administration is so quick to minimize as the real war versus terrorism has been reduced to an overseas contingency operation.

Our country is at war, yet the administration isn’t even clear on whom we combating. Our economy faces serious difficulties that only the forces of the economy itself, private businesses and individual effort, can solve. The government is running interference or is horribly confused on every level.

We need clear priorities focused on the true responsibilities of the Federal government. The national defense is job one. Its roll in the economy is oversight and regulation, not direct involvement. Instead its spending money on everything from skateboard parks to feeding acorn. 46 cents of every dollar spent is borrowed. Take it from there.

Tuesday, April 28, 2009

Farewell to Pontiac







Whatever Happened to Pontiac Excitement?


Who could ever believe this could happen? Soon Pontiac will be no more.

The name Pontiac used to reek of coolness! From developing the “wide-track” concept at the dawn of the 1960’s, by the mid-60’s Pontiac was on the cutting edge of highly attractive automobiles whose high performance models were the rage.

Consider the modest Pontiac Tempest introduced as a plain-Jane small to midsized car in 1961. It offered a Lemans model that was more decked out, but it was still a relatively modest car. In 1964, the Pontiac mid-sized car had new skin and a new attitude offering almost all the goodies available on the full-sized Pontiacs. However, there was a high performance option that would start a new rage in Detroit, the GTO performance package. For $296, the customer got a powerful 389 V-8 engine with all kinds of performance goodies and extra styling add-ons that said “fast.” This was the dawn of the muscle car boom in Detroit as Chevrolet would add the Malibu SS (then SS-396) and Oldsmobile would add a 442 to its Cutlass line. Even Buick featured a GS model. Soon Ford introduced the Fairlane then Torino GT models with similar Cyclone models with Mercury. Chrysler introduced a Satellite GTX for Plymouth, attempted to upstage the whole muscle car stable with their fastback Dodge Charger, then they even introduced a stripped down to just the muscle, Road Runner.

Meanwhile, the full-sized Pontiacs were beauties with some of GM’s boldest styling and characteristic split grill design, the Bonneville was the biggest and the baddest while the Catalina and Executive were for more pragmatic needs. Also, on the shortest full sized wheelbase was the sporty big boy, the Grand Prix.

While Chevrolet introduced the Camaro in 1967, later that model year, Pontiac was not to be denied. The Pontiac Firebird raced on the scene as Pontiac’s entry into the Pony Car market. From the side, it looked almost identical to the Camaro whose platform it shared, but the taillights and rear styling came directly from the GTO and the front end view was classic Pontiac with a more aerodynamic twist.

Forty years ago, things couldn’t have been better for Pontiac, the nation’s third best selling brand only behind Chevrolet and Ford. As high performance gave way to fuel economy and safety in the 1970’s, the Pontiac’s image became harder to maintain, but the Firebird and its high performance, TransAm, were still widely popular cars especially when Ford converted its once proud Mustang to little more than a jazzed up Pinto. The 1980’s saw Pontiac’s full-sized Bonneville regaining some of the most attractive styling of all full sized cars but quality control issues started to plague the brand. Their midsized cars had no sizzle and no unique features to draw customers. In the 1990’s, the Grand Am would be a relatively popular compact model while the Grand Prix became the nameplate for their midsized fleet. Pontiac was no longer the big player it once was but still had a steady following.

The new millennium would be cruel to Pontiac. The Firebird and TransAm were discontinued after the 2002 model year, then as if not learning the lessons which lead to the end of Oldsmobile in 2005, Pontiac discarded its familiar marquee names to a series of cars all starting with the letter, “G.” The “G” cars had no “gee whiz” appeal, but instead spelled “get lost.” Efforts to introduce a high-powered sports sedan reviving the GTO nameplate proved a miserable failure as a stable of G-3’s, 5’s, 6’s, and 8’s do little to capture the car buyer’s imagination.

As Pontiac’s demise is announced, some will consider it a death brought on by fierce competition particularly from Honda and Toyota, but in reality, it should probably be noted as suicide. Pontiac was a brand name that had everything going for it a generation ago, now it hobbles into nonexistence a faceless brand with nothing unique, no “it” factor to stay on the road.

Who could ever see what Pontiac accomplished in the 60’s and Oldsmobile gained in the 70’s would have ever seen both brands dying out so miserably soon after the dawn of the new millennium. They used to know their customers and built cars that wowed them. A once great corporation like a mighty freight train speeding off its track killed these great American brands. Lovers of Michigan metal must be saddened by these losses.

Pontiacs were hot. Pontiac excitement meant high performance and sexy styling. They were a notch above the everyman Fords and Chevy’s but were priced within the reach of those standard brands.

Pontiac lost its identity up to now where the “G” cars are hardly worth a car lover’s “gee whiz” so now it’s good bye to a once wildly popular brand. And then there were four: Chevrolet, Buick, Cadillac, and GMC. Oldsmobile is gone. Saturn, Hummer, and Saab have been left by the wayside, now Pontiac. Only the new Mustangs, Camaros, and Challengers give today’s generation a glimpse of the kind of excitement Detroit brought forth every September with Pontiac often leading the way in the “excitement” department. In a world of today’s Fords, Toyotas, Nissans, and Hondas – boring is the word.
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Tuesday, April 14, 2009

Time for a Tea Party


well maybe not that kind of party, Alice!


The mention of the date, April 15th should make all hard-working tax paying Americans angry. It's the date the bill is due, Federal Income taxes (and many accompanying states) must be filed by 11:59 pm, OR ELSE.


Many people are out of work. Others are working for lesser jobs. Many who've done nothing wrong and continue to work are seeing their taxes going to pay for everything from corrupt corporate executives' salaries to every imaginable left-wing pork barrell many of which are give aways to groups that are dead set on rewarding all the wrong things like ACORN and the labor unions. Talk from the Obama administration that they only are interested in raising taxes on the rich is bullshit. Do you hear this? BULLSHIT, pure smelly BULLSHIT. A tax on one American is a tax on all Americans as it removes money from a free individual who can place it into the economy as he or she sees fit and tosses it into the layers and layers of bureaucracy before getting to its targeted purpose within the scheme of government where for every penny spent that actually reaches the economy often through unproductive government jobs hundreds of dollars are wasted on making sure every proper step is followed on how that penny will be spent with layers and layers of compliance assurance tracking so all the stake holders in the government system get their two cents first whether its minority setasides, mandatory union contracts, or all kinds of Federal auditors whose job is simply to document and document and document some more where that little piece of copper will be spent and who supposedly will benefit from its expenditure.


You'd damned well better be angry about what's going on. Does the fact that the Obama administration and the Democrats on Capitol Hill have created a debt larger than those of all 43 Presidents up to George W. Bush combined make you angry? Meanwhile, the Obama hit squad and fearless leader himself keeps up the stone faced lie that everything they're doing is necessary because of the failings of the last administration and that they did inherit a deficit.


Okay, they did inherit a deficit, some of which was unjustified. Most of it was an outcome of 9/11 and fighting two wars against radical Islam. You don't get out of debt by racking up larger debts and spending more money.


If the economy is hurting, the best solution is freeing up more money in the private sector to invest, hire, build, and create, but as the total sum of the trillions of dollars in the United States continues to shift with less money available to everyone from private individuals to small businesses to huge corporations going to the other side, the Federal government, everybody in the position to make money and purchase the products produced by our economy has less to work with. Earning, spending, and investing is the fuel which grows economies. Only when those activities increase will our economic difficulties be solved, but the only vision the Obama administration has is more and more government and intruding more and more into how the private sector conducts its business whether it is more regulations or attempting to dictate executive compensation. Once the government gets its hands into to something in the private sphere, it is generally there for good and from the initial point of intrusion their involvement grows like a lethal cancer on the institution it infected. Since World War II, public education has gone from a largely successful enterprise managed by local communities to being large state managed monopolies subject to more and more federal guidelines committed much more to serving the interests of those concerns large and rich enough to lobby for favorable political concessions like the teachers' unions. Parents have fewer choices and less involvement in how their local schools are run leaving their children's' future as the casualty.


The practice of medicine used to be centered around the relationship of doctor and patient, but over time, between lawyers increasingly getting involved making the process more litigious and as costs skyrocket first the insurance industry, then state regulators, and now the Federal government have entered the picture to where talk of government managed universal health care is on the horizon.


Now the Federal government is taking over the banking industry and possibly the domestic auto industry as well. Where does it stop? If folks think the way the government manages the post office and Amtrak is good and that the way they are treated at state departments of motor vehicles is good customer service, than maybe driving a car like the East German Trabant would be just hunky dory. Most of us wold demand better.


Demonstrate, write, talk, and blog. Speak up. Let the world know you will not stand for the government running your life. Think of the spirit of our forefathers who screamed "don't tread on me" and "no taxation without representation."


IT'S NOT TOO LATE!!!!

Saturday, April 4, 2009

USA TODAY Headline Announces: "N.Y. Times Co. threatens to shut down Boston Globe"


Oh the heartbreak, the bastard child of the old "gray lady" of the Manhattan elite is falling apart. Union leaders insist their fate is a done deal if they don't immediately surrender $20 million in concessions.


It's difficult to watch a hideous creature tossing and contorting grotesquely as the last of its life blood gushes down the drain, but the Boston newspaper is continuously losing money and readership.

How ironic it is to see them as the big mean corporation having to pressure the unions for concessions. Isn't that what those big mean capitalist pig auto companies are doing? Perhaps the real irony is these elitist limousine liberals acting like the champions of the lowly Proletariat in the first place.

Clearly, the best The Boston Globe can hope for is to buy a little time. There's no way they're going to reinvent themselves as a modern, responsive, unbiased example of responsive modern journalism.

The newspaper industry is in free fall for two reasons: one unavoidable, the other self imposed. With the availability of 24 hour cable news and the Internet, all one needs is a tricked out cell phone to have instant access to the news 24 x 7. Blogging provides instant ability for readers to react to the news as well. Given many newspapers have scaled back to where many only publish one edition a day, the paper's content is often old news by the time it reaches the readers' hands. Speaking of the readers' hands, the new news sources don't create those dirty inky fingers either! Ah, but can anyone figure out how to use the Internet to line the bottom of hamster cages?


The newspaper industry's behavior has also destroyed their product. Between sloppy coverage, agenda driven reporting, and an undeniably conspicuous left-wing bias, today's newspaper editors have rendered the product itself worthless. Even many citizens who did not like President George W. Bush and did not support the Iraq war, could easily be dismayed by The New York Times outing government intelligence with such arrogant disregard for the security of the nation which protects its journalistic freedom. Reporting on how the government tracked the money trail of how terrorists organizations fund their operation destroyed years of intelligence gathering and analysis by showing our enemies, those Islamic terrorists pledged to kill us how the intelligence operations follow their activities.


The American people are smart enough to know the difference between rational expression of first amendment freedom and pure treason. During World War II, the journalist profession readily accepted the wisdom of "loose lips sink ships."


This second factor not only extends to the failure of the newspaper industry, but both CNN and the conspicuously radical, MSNBC are witnessing dismal ratings continuing to lose ground to Fox news demonstrates the public is holding the industry accountable for the quality of its reporting.


Alas, rather than letting archaic newspapers follow the path of the dinosaur, at least one Senator, Ben Cardin, Democrat, Maryland, has offered bailout legislation to help protect the failing news industry. Given how the Obama adminstration has become drunk with power operating the bailout programs for the banking and automotive industry where the self-annointed "Great One's" henchmen can determine executive salaries and fire GM's chief executive, one can only imagine what influence Premier Obama might attempt to exercise over the news media. Likewise, plenty of Democrats in congress stand ready to impose the fairness doctrine on radio and television effectively killing the independent voice of conservative talk radio.


Out of the ashes of today's fallen newspapers from Seattle through the rustbelt to Boston, the prospects of a Washington version of Tass does not seem so far-fetched.


Meanwhile, the public has sources like Fox News, the Drudge Report, Town Hall.com, and Breitbart.com, with new sources emerging all the time, which go against the flow to provide balance to main stream media's biased coverage.


To The Boston Globe and hopefully soon its parent company, The New York Times, we offer the following advice, "Don't let the door hit you where the good Lord split you."

Wednesday, April 1, 2009

World Gone Wrong??


Remember when the world leaders assembled as they have for this spring's G-20 conference in London we scoffed at how far out and zany the leaders of Europe appeared to our American free enterprise sensibilities? We prayed none of their "worldly" vision would rub off on our President as concepts like the Kyoto treaty would sellout our economic interests while allowing some nations almost unlimited ability to stink up the environment.

Now that our country has elected Barack Obama our president, suddenly the world leaders seem so much wiser as even they appear to promote more moderate and sensible approaches to the world's struggling economy than the spending madness promoted by his policies.

A year ago, we knew Barack Obama's record showed he was the most left-wing of all members of the United States Senate. Now that Obama-Nation is upon us, can it possibly be that the self-annointed great one is further left than the euro-socialist state of mind?

Sound outrageous? Name a European Union member who had more radical influences than William Ayers and Reverend Jeremiah Wright.

Add the world leaders to the growing tide of voices who hopes Obama's policies fail.

Thursday, March 26, 2009

BAILOUT-MANIA: Maryland Senator Suggests Support for Failing Newspapers




You’ve Got to be Kidding!!!

Senator Ben Cardin, Democrat Maryland, has proposed legislation to provide bailout funding for the failing newspaper industry. His measure, The Newspaper Revitalization Act, has not yet received a second. The government is bailing out banks, insurance companies, and the auto industry so why not the newspapers?

Make no mistake about it. The newspaper industry is in deep trouble. The New York Times, once America’s paper of record, is failing miserably. The downward trend of readership continues as circulation and advertising revenue evaporates. The “gray lady” is virtually on life support selling off assets including a substantial stake in their huge New York headquarters near Times Square. Their stock is worth practically nothing. They’ve reached junk bond status.

The Tribune Organization publisher of the Chicago Tribune, Los Angeles Times, and Baltimore Sun among others as well as having substantial media holdings including superstation WGN, has filed for Chapter 11 protection.

The Detroit News and Detroit Free Press have both cut back on home delivery eliminating every day delivery. The Washington Post has substantially scaled back the size of its newspaper.

Companies are failing; people are losing jobs. Washington to the rescue right?

WRONG!!!

What we’re seeing is simply good old fashioned capitalism at work. Just as horse drawn carriages gave way to the automobile, the traditional newspaper is being replaced by news sources available on the Internet and twenty four hour cable news.

Furthermore, in many cases their product is garbage. Where major newspapers once upheld a creed of objectivity and were a major voice of and for their community, over the last thirty years, an industry that was once rich in diverse points-of-view, has become essentially little more than a mouthpiece for the radical left political philosophy where one can almost count on virtually every single newspaper in major markets will uniformly endorse Democratic candidates unless they have a real ax to grind against one of their candidates who strayed too far off course.

It’s not just an editorial, but this bias pervades their reportage as well where they spare no measure to embarrass Republicans and conservatives while giving kid glove treatment to Democrats. It’s not surprising then, that when recent scandals developed around Democratic politicians like former New York Governor, Elliot Spitzer’s involvement with prostitutes or the long list of corruption charges against impeached Illinois Governor, Rod Blogejevich, any mention of party affiliation is conspicuously missing where Republican bad boys like Idaho Senator Larry Craig trumpeted constantly he was a Republican.

What better illustration could there be of Democratic support than the news media’s support of Barack Obama’s campaign so beautifully documented by former CBS reporter, current Media Analyst, Bernard Goldberg’s book, A Slobbering Love Affair: The True (And Pathetic) Story of the Torrid Romance Between Barack Obama and the Mainstream Media.

At times, the media’s conduct has even gone so far as to appear treasonous; however, we never find out who the source is of the unnamed sources within the affected organizations who spill the beans. The New York Times revealed the government’s intelligence gathering methods including how intelligence operations followed the money trail of terrorists’ assets. In World War II, the public understood, “loose lips sink ships.” In today’s media, blabbing national security secrets for the sake of attempting to embarrass and show up an administration they despise is no problem. Surely, their lawyers opine just how far they can go before facing legal scrutiny for such efforts. However, it seems as though every reporter today fancies himself or herself as being one who could find the next Daniel Ellsberg who outed the Pentagon Papers which helped discredit the Vietnam War or Bob Woodward and Carl Bernstein whose efforts helped connect the pieces that lead right to the top of the Nixon administration with the Watergate scandal.

The public is smart enough to know that George W. Bush was no Richard Nixon whether they supported his presidency or not. Likewise, the public knows what happened on 9/11/01 and realizes the war on terror is a real threat, not another Vietnam. Still, almost from before the dust settled in lower Manhattan, the news media, led by The New York Times, seldom treated the threat with the gravitas it deserved and once war started to deal with enemies in the Islamic world gleefully reported episodes like the Abu Ghraib as if such conduct was business as usual for our military not to mention the frenzy about alleged torture employed against the most ruthless and powerful leaders of Al Qaeda who helped plan, organize, and execute terrorists’ attacks against the United States. Any coercive interrogation was deemed torture as headlines blared, ‘Bush Administration Torture…”

All this has lead to an enterprise with a very narrow audience. While major newspapers might be preaching to the choir among the most liberal members of their community, they are sorely out of touch with the rest of the community, and who needs the sports page with ESPN, regional sports networks, and the Internet anyway?

The real casualty of the newspaper’s decline is local and regional news. Local television news seldom deals with anything other than the most sensational stories following the mantra of “if it bleeds, it leads,” and the rest of the coverage is much more oriented toward celebrity and lifestyle issues where if a Hollywood star is signing autographs at a local hotspot is far more important than the local school budget or proposals to build a new highway unless there’s a screaming outcry by local television news producers.

Clearly, good local newspapers could still have a vital function in today’s society if they were in touch with their community, cut out the conspicuous bias, and continued to use creativity and market savvy to promote their products effectively.

The bottom line is newspapers are failing because they deserve to fail. Not only have they become obsolete, but the quality of their product on the basis of poor quality, lack of coverage, and conspicuous bias is not worth the customer’s support.

The specter of government money supporting the news media is astonishing. The first amendment of the Constitution provides, “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press…”

So what happens if Congress provides taxpayer funds to keep failing newspapers afloat that they as consumers have already voted against by not buying their products? What kind of analytical or critical reporting could be expected from a source that is beholden on the very institution they are charged to cover honesty to pay their salaries?

The potential for abuse is overwhelming. Whether overt or implied, those newspaper companies who could receive government aid would surely be the subjects of those who control the purse strings.

The Cardin proposal is laughable on the surface and should be laughed right out of the arena of political possibilities. Nevertheless, few could imagine just how far and how bold Washington has gotten involved with enterprises that were simply not government functions just a few years ago. Oops, we forgot all about that newspapers provide a vital product for poopy training dogs, lining animal cages, and wrapping up dead fish. No virtual or on-line approach substitutes for that!!

Surely, as public citizens, especially those of us who live in Maryland could give Senator Cardin a little guidance. One had to wonder if the Baltimore Sun had been more balanced in its coverage or possibly endorsed Republican challenger, Michael Steele, current Republican National Chairman, Cardin could have lost his bid to replace outgoing Senator Paul Sarbanes.

Senator Ben Cardin
509 Hart Senate Office Building
Washington, DC 20510

Phone: 202-224-4524

Email: (note the form approach!) http://cardin.senate.gov/contact/email.cfm

Wednesday, March 18, 2009

Barack Obama: The Worst President Ever?



The three faces of failure: ideology, corruption, incompetence.

It’s laughable to think that just a few months ago, the radical left and their cronies in the news media were quick to assert that George W. Bush was the worst President ever. Oh really? The jury will be out on the effectiveness of the Bush Presidency for some time, but one thing’s for certain, the longer Barack Obama is in office, the more people will remember the Bush years as the good old days.

Any one of three areas can render a presidency a disaster: corruption, incompetence, ideology. Corruption besought the Nixon Administration, which if it were not for its not getting the United States out of Vietnam quickly enough handled many tough situations in a direct effective way. Incompetence was the legacy of the Carter administration whether it was its weak foreign policy which helped facilitate the rise of radical Islamic forces seizing power in Iran or its miserable failure dealing with the economy, the Carter administration was the most incompetent administration at least since Warren Harding’s brief tenure in the early 1920’s. It would hard to detect a Presidency that failed for its ideological stance. Most presidents lean one direction or another but are generally centrists. Ronald Reagan’s conservative vision benefitted the country tremendously. Perhaps, historians could look to the liberal vision of Lyndon Johnson’s “Great Society” as such an example as the Great Society was responsible for unprecedented growth in the role of the Federal Government and damned millions to poverty and second class citizenship through the servile welfare state.

Let’s get something out of the way right now. Concerned citizens who are on to the massive failures and extreme danger the Obama administration will surely hear others say, “For goodness sake, he just got elected. He’s still getting his feet on the ground. Let’s give him a chance to let things work.”

No way, the Obama administration will fail. We need it to fail on some levels, but other failures will seriously hurt every citizen. Obama’s ideology must fail. We cannot allow his rapid march toward restructuring society tying the hands of business, seizing wealth, and using it to grow an ever more intrusive and all-powerful Federal government. In theory, this money “spreads the wealth” but aside from enlarging the entitlement or welfare class, most of America will still be working for a living. Every person’s spending power will be reduced and whether or not a person pays higher income taxes, taxes on businesses and some of the taxes in environmental matters will result in higher prices for everyone regardless of income. It’s no accident, the person identified as the most Liberal Senator in the last congress should be ideologically so extreme left wing. The Administration has used the economic crisis as a means to induce panic so that his allies united behind Nancy Pelosi and their rubber stamp in Harry Reid’s Senate can push through a myriad of left wing measures under the guise of an economic stimulus. That they support the “card check” provision doing away with secret ballot elections for union membership allowing intimidation and coercion to drive up union membership is a perfect illustration of just how radical the Obama administration is.

What could be a better indicator of the ideological nonsense the Obama administration represents than their new approach to the “war on terrorism?” Homeland Security chief, Janet Napolitano, has gone out of her way to avoid any mention of the words, terror or terrorism. She seems focused only on disaster recovery. So then what does she call terrorism? A man caused catastrophe! In this concept, incompetence and ideological nonsense unite.

The Obama administration’s incompetence is obvious. Look no further than the difficulty the administration has had filling cabinet positions. There has never been a Presidency that has had to remove more nominees for consideration for so many reasons with the most often cited reason, tax difficulties. Treasury Secretary, Geithner, was supposed to be some kind of economic wiz-kid capable of brilliant mastery of economic matters, but so far has looked dazed and confused when attempting to account for the economy on Capitol Hill.

Corruption is at the heart of the Obama administration’s approach to many matters. The extent to which organized labor and interest groups have undue influence in administration policy matters is alarming. After attempting to move census management from the Commerce Department to the White House, now the White House has sought to contract the corrupt, radical left organization, ACORN, to help recruit manpower for the Census. Given their record across the country for voter registration fraud, what could be a more dangerous fox in the hen house for the census count? How could anyone who respects American democratic tradition possibly advocate “card check?” Selling out to organized labor, that’s how.

There have been many embarrassing episodes that might smack of incompetence such as the superficial and disrespectful treatment the British Prime Minister, Gordon Brown, is the kind of stuff the American people could brush aside and forgive as being the behavior of an inexperienced President who is still learning the ropes. However, from another point of view, it speaks to the arrogance and hubris of the President who puts himself above the protocol required of American presidents since George Washington’s wisdom started many time honored successful practices that have made the President of the United States the most powerful position in the world.

The United States is in a dangerous situation. Nothing the Obama administration has done raises to the level of justifying impeachment. As much as Vice President Joe Biden comes across as a total yutz, he is at least a seasoned Washington professional with substantial experience in foreign affairs and while a committed liberal, Biden is far more mainstream that the radical influences that have formed and nurtured Barack Obama’s political orientation. Concerned, aware citizens have to pray that some how the Obama administration can at least keep the machinery of government working so that catastrophes can be dealt with and terrorist threats repelled. Massive public pressure must rain down on both houses of Congress to make even the most left wing nuts fear their career will be over in their next election if they don’t moderate their approach, stay away from left wing extreme positions, and resist the temptation to provide pork barrel goodies for their traditional cronies.

No one should have any reservations about being outspoken about wanting Barack Obama to fail. In fact those who understand what is at stake should be proud to have the conviction to be honest about the challenges the United States faces if it is to remain the world’s unquestionable superpower and force for good on the planet. If individual liberty, personal responsibility, and free enterprise still mean something, Obama must fail. The essential truth is for one to desire America to succeed contradicts the desire for Obama to succeed. It’s one or the other, and it’s time for every American to be responsible, learn the issues, and unite to minimize the harm the extremist, Barack Obama, truly is.

Friday, February 13, 2009

Business as Usual on Capitol Hill


So what's the rush? At 11:00 pm the final version of the so-called stimulus bill was completed bringing together the house and senate versions. How fast was this whole measure created? What's the rush? At over 1,100 pages, our fine elected leaders on Crapitol Hill are being forced to commit to quick passage.


Should we not be terrified that our Senators and Congressmen see fit to commit to a cursory rush job on something that will cost our society well over a trillion dollars including the expediture, interest, and most other costs this bill will cause.


Something this thorough, as wrong as it is, demands critical investigation before passage. The very nature of our economic system is being permanently revised by this fiasco.


How much worse can it get? Remember, this law started in the house largely a product of Nancy Pelosi.

Sunday, February 8, 2009

Michigan Metal

Retro-styling or hard reality? Which car best represents the future of the United States automotive industry?



I saw a new Mustang GT convertible on the parking lot today. What a beautiful car, its styling sleek and stylish. One could think of the original Mustang of 1964 and its descendents until the Mustang mystique was squeezed into a Pinto body as the Mustang II in 1974. Although it still looked like a Mustang in many respects, everything about it was a jazzed up Pinto, and folks have said something about putting lipstick on a pig?

Michigan’s unemployment rate is over 10%. Things aren’t much better in Indiana and Ohio, two states with a heavy interest in the automotive industry. Through out the country, automotive factories have closed down. Here in Baltimore, the Chevy plant died when GM discontinued the Astro van, but the writing was on the wall when they stopped making the midsized cars of yesteryear when beautiful Malibu’s, GTO’s, Cutlass’s, and Buick Century’s rolled off the assembly line.

Your writer was born in 1953. I was a very little boy when I was first blown away by Michigan Metal, our neighbor had just purchased a white 1957 Ford Fairlane 500 convertible with a red interior. They said it had a Thunderbird engine. A few years later the doctor who lived across the street got a giant Chrysler 300 convertible then a 1963 Corvette Stringray, the one with the split rear window. By the time I was in 6th grade, I loved building car models. My model building started with the 1964 automotive year and continued through 1968. In ’66 to ’67, I built every single model that AMT and another supplier had that represented everything from a Ford Falcon to Chrysler Imperial. I subscribed to both Motor Trend and Hot Rod going crazy over the sneak previews of the next year’s autos. Each summer, I went to Pontiac, Michigan where my grandparents lived. How I loved the trips to the Pontiac plant where they build both full-sized and mid-sized Pontiacs, such beautiful cars in the mid 60’s and Dearborn where Ford assembled the Mustang and Cougar. If we were out there too late for that model year, the plants would be closed, but we’d see the haulers out on the Ohio and Pennsylvania turnpike rolling the new cars for the next fall east. Though they tried to cover them with tarps, we could get glimpses of the front and rear styling and occasionally the side sheet metal. A lesson in Michigan geography was a lesson in the General Motors product line. Flint was the home of Buick and some Chevrolets. Lansing was the home of Oldsmobile. Detroit built Cadillac’s and Chevrolets. Guess what they built in Pontiac? Well, they also built some GMC trucks and buses. Dearborn was synonymous with Ford. There was also the city with in the city, Hamtramck, where Chryslers were built by a largely Polish ethnic community.

Latee ach September, my father and I would start off a Saturday morning at the start of the big north Baltimore commercial drag, York Road, work our way down into Towson stopping at every dealer. We had them all except Cadillac which only had two dealerships in the Baltimore area. My dad would scold me not to get too excited at the Chevy dealer, but it was okay to drool over the Corvette. He was a Ford man through and through. He only bought two cars that weren’t Fords or Mercury’s my whole life, a Morris Minor as the family’s first second car. Lots of people were getting Volkswagen’s but he’d have no part of that. Briefly, he had a 1966 Oldsmobile Jetstar 88’s, a beautiful car, that replaced the Morris Minor while mom was driving the second of two Ford Country Squire’s the deluxe mommy mobile of the era. The 1964 Squire was briefly my first car. I could fit the whole gang in it, and for a buck’s contribution from some of the passengers we could drive forever with gas at $ .27 a gallon even though that big steel machine got around 14 mpg. From cars around 1955 to the early 1970’s, there were so many classics. Is there any young man even today who can’t recognize an original Thurnderbird or 57 Chevy?

In 1971, Chevrolet introduced the Vega and Ford introduced the Pinto. How could we have ever known that these stinking little “subcompacts” were the first signs of the decline of the American automotive industry? They were priced to obliterate the Volkswagen Beetle and there were a few little Toyotas and Datsuns starting to show up around town. The midsized cars were becoming the most interesting cars. Meanwhile, the full-sized cars were getting so large and bloated and the revision of the “pony cars” lost the simple beauty of the originals. Gas mileage didn’t matter when gas was below $.30 a gallon.

Washington started to have its say in the late 60’s but most of the original regulations made sense. The 1965 Corvair was a lovely looking little compact car, but Ralph Nader came out with “Unsafe at Any Speed” showing what the news media failed to cover. They were bombs on wheels with the gas tank in front of the passenger where there was no protection given it was a rear engine car. Likewise, cars had no pollution controls and those who can remember driving along the major expressways in urban areas particularly in the industrial parts of down, the air pollution was choking even smarting the eyes.

Nobody saw it coming unless traveling in the Middle East, but the unthinkable happened in 1974 when the surrounding Arab states invaded Israel only to be defeated horribly with Israel taking territory from the surrounding countries in response to create a little safety zone, but the Arabs realized the power they had was their oil. They could punish Western nations who supported Israel but cutting off the oil supply. Over night, gas prices skyrocketed, and gas was in short supply. Gas lines extended for blocks on every major street in America. Some states rationed gas and began lowering speed limits. The Feds responded by lowering the national speed limit to a measly 55 mph, a measure few citizens obeyed and eventually common sense would set in and the law was revoked. The government started setting mileage standards for the auto industry. Detroit responded by bringing out new smaller cars and downsizing existing models. Suddenly, the Pinto and Vega were in high demand, but as more people drove them, the obvious was clear, they were terrible cars in every respect. Vega engines had an awkward problem of blowing up, but worse, Pintos would explode when rear-ended. In 1977, General Motors downsized its full-sized cars for the first time. All of a sudden, everything from a Chevrolet Impala or Caprice to Buick LeSabre were shorter and narrower than their midsized counterparts. Even the elegant Cadillac DeVille got shortened. GM then downsized its midsized fleet. What was the hottest selling car in Detroit, the Olds Cutlass Supreme, was miniaturized into a faint shadow of its former self. From Malibu’s to Century’s the code word was BORING, but they were also cheap, shoddy pieces of junk. Not to be outdone, Ford responded with the introduction of the Ford Fairmont and Mercury Zephyr, and downsizing the LTD, Mercury Marquis, and all Lincolns. Their midsized line became totally ambiguous as familiar lines vanished and failed to stabilize until Ford finally got it right for many years with the awkward looking, bar of soap cars, the Ford Taurus and Mercury Sable.

Almost overnight in the mid-70’s, Datsuns, Toyotas, and Hondas were every where. The ultimate of cheap, but a very high quality cheap, was the Honda Civic. Quickly, Toyota Corollas, Honda Accords, and Datsun 510’s were everywhere. One of the sexiest cars on the market was the Datsun 240Z. As model confusion and crappy quality dogged the mainstream domestic midsized market, the Toyota Camry and Honda Accord became the most popular cars in the country.

Somehow, despite all that happened. Detroit never got the message. Chrysler was mortally wounded but somehow sprung back with Federal loans and Lee Iacocca’s vision. Ford seemed to stay a little ahead of the curve in the late 80’s and early 90’s. It would be hard to notice due to their largesse, but General Motors was perhaps the most self-destructive of all. Can anyone remember the second round of downsizing of the Cadillac Deville? How sad. They had almost none of the traditional Cadillac elegance, but by 1991 they were able to cosmetically restore it to something that was worthy of the Cadillac crest. Many cars had wretch paint jobs that would start to oxidize after months. Quality issues and design defects by all three automakers were so widespread that almost any American car buyer could expect at least one or two recall notices. American Motors quickly folded and became part of Chrysler, but they had one product that would be a huge influence on Detroit’s future, the Cherokee.

Somehow, despite gas going as high as around $1.50 in 1979, the 80’s, 90’s and into the new millennium saws relatively cheap gas with only minor spikes in fuel costs such as during the first Gulf War. In 1991, Ford saw the potential of the Jeep Cherokee ditching its small sized Bronco II and introducing the Ford Explorer. Soon the Mini-Van, Detroit’s economical answer to replacing the mommy-mobile station wagons were obsolete as the mid-sized SUV took off like gangbusters. Eventually, even Lincoln and Cadillac would be in the SUV market with models based on their company’s Ford and Chevy large SUV’s based on the fullp-sized pickup chassis. Meanwhile, all of a sudden, even yuppies needed full-sized pickup trucks.

The Detroit cash registers were starting to ring again, but General Motors and Chrysler were still failing. The Japanese automakers continued to encroach on market share while the Korean Hyundai became mainstream and soon the KIA would follow.

Surprisingly, by the late 90’s, Ford and General Motors were actually building darned good cars. Their quality rivaled their Japanese counterparts, but car buyers had lost interest. Many baby boomers hit car buying age right as the downsizing fiasco started in the 1970’s and became accustomed to Japanese cars right away. Boomers didn’t feel the prejudice against Japanese cars as those manufacturers had built the weapons of war that killed thousands of American soldiers in the Pacific in World War II.

However, the glow of Michigan Metal had other factors causing it to rust away into dust. Through out the 60’s and 70’s, times were good. An auto industry strike against one of the big three could cost vital market share against its competition. Detroit had no sense of what the future could or would bring never realizing that even if everything continued rosy, they were building a model that was unsustainable in legacy costs. Auto workers were given incredible pension and benefits for life. The obligation on such costs were enormous and would escalate as the employees from the “Great” generation retired and the baby boomers settled in, but what would happen when the boomers started to retire?

Detroit’s workforce has contracted enormously since the 1970’s. Entire cities in the rust belt are essentially ghost towns in 2009. Flint, Michigan as one example, is a virtual wasteland. Here in Chesapeake country once proud factories in Baltimore, the famous “Chevy” plant, and Norfolk, the venerable Ford “F” series pickup are gone.

Nothing points to the changing face of the auto manufacturing landscape better than looking at NASCAR’s Sprint Cup. The body styles featured are the Ford Fusion, Chevrolet Impala, Dodge Charger, and Toyota Camry. Once the rules were American only, but they first had to bend a little when Dodge became a product of Daimler-Chrysler, then a German company. How could they keep Toyota’s fat bankroll out of the sport? Lots of good old boys were now driving Toyota pickups, and gulp, even full sized pickups as Toyota introduced its Tundra. Here’s the stark revelation. Look at where the cars are built. The Ford Fusion is built in Mexico, down in the land of drug lords and civil chaos. The Chevrolet Impala and Dodge Charger are built on the north shore of Lake Ontario near Toronto in Canada. The most American of all, the Toyota Campy built in Kentucky and Indiana!

The recent upsurge in fuel costs doomed Detroit’s remaining cash cow, the SUV and pickup truck market. Look at how much Ford depended on that market as most of their automobiles seem destined to fleet sales, company cars and the rental industry. Ford still builds the Crown Victoria but none are available to everyday consumers. They are built exclusively for fleet sales, mostly as police cruisers. What’s the small town sheriff department to do that maybe only has one to five cars?

The legacy cost of each American car is huge, a differential Detroit has to overcome to compete head on with the Japanese and Korean vehicles. How unfair can it be for those already retired who counted on a stable pension as part of their career compensation who never gave a though of having to save for retirement given the promise of steady income now wondering what will happen if any of the big three should fold or the workers of today sellout their processors to hold on to their existing jobs. Almost certainly, they would get some support from the government, but not at the level they were promised.

Today, most parking lots are full of virtually indistinguishable cars as a Mercedes doesn’t look that different from a Hyundai, and Ford, Toyota, Chrysler, Honda, General Motors, Nissan, Volkswagen, and Kia vehicles all look so similar. How is it that so many cars now are painted shades of gray and what few colors are still available, red, blue, and green are such dark muted colors? BORING! Only the retro VW Beetle and a few other small cars dare to be colorful even to the point of late 60’s tackiness.

The days of September excitement are gone as cars change so little over the years and almost none of them have any flare for style. Give Chrysler credit for pretty bold styling for its newest incarnation of the Chrysler 300. Perhaps its huge grill is supposed to be a “retro” touch to the big Chryslers of old.

How perfect the new Mustangs look. They are cars of the new millennium in almost every respect, but so recognizable as Mustangs of old. They are beautiful cars. Dodge responded with its retro Challenger which is likewise so faithful to the original. Soon Chevrolet will do the same with the reintroduction of the Camaro which goes back to the original design, mostly after the first body’s initial revision. All of these cars are so damned gorgeous, but all of them are essentially one or two passenger cars so as much as they fill a niche, they’re not the staple that cars like Impalas, Taurus’s, Malibu’s, Camry’s and Accord’s represent. The newest Camry is just plain ugly!

Are the new “pony” cars a glimpse of the potential the future could bring or just a little baby boomer sentimentality? Given what’s happened in Washington the last few months, one has to wonder as millions of taxpayer dollars have gone to General Motors and Chrysler just to meet their current expenses. So far, Ford avoided taking the dip, but all is not rosy in the land of the blue oval.

Government assistance means more government control, and given the recent energy price surge brought on demand for more fuel efficient standards and the current regime, the Democratic party, will surely seek pollution standards that will darn near demand emission perfection, Detroit’s ability to build quality, appealing cars will be further challenged while Toyota and Honda seem able to adjust at the snap of a finger.

It’s so easy to love the full-sized pickups and the pony cars, but is doing so living in the past? Given a camel is supposedly a horse designed by a government committee, we hate to think what Washington’s role in forging Michigan Metal could create. Given our seemingly irreversible march to socialism, the retro pony car could soon become a Trabant.