Comments on: “Tectonic change,” Barack Obama, and You

By: Roger’s Rules » Why Steven Rattner is above the law

Roger’s Rules » Why Steven Rattner is above the law — Tue, 21 Apr 2009 13:13:42 +0000

[...] channels your tax dollars to the auto makers? Who was it who stepped in a few weeks ago and gave former GM chairman Rick Wagoner the Order of the Boot? Why, that would be Steven [...]

By: Steynian 342 « Free Canuckistan!

Steynian 342 « Free Canuckistan! — Tue, 07 Apr 2009 20:37:47 +0000

[...] “TECTONIC CHANGE,” Barack Obama, and You …. [...]

By: acj

acj — Tue, 07 Apr 2009 20:36:28 +0000

Government is ready to help companies, so the argument of not wanting government intervention is rediculous.
The private sector must be healthy or the government suffers. I see both hands getting washed and no one wants to fail.

By: kentuckyliz

kentuckyliz — Sun, 05 Apr 2009 21:47:57 +0000

I would have liked to see Wagoner tell BHO to GFY, then turn on his heel and go straight into BK court.

If there was any hope for GM that would have been it.

Wagoner screwed up by accepting the invitation to resign.

To hell with gold. Guns, ammo, canned food, a gas tank, a small SUV, a generator…there’s a really good web page out there about a guy who survived in Argentina when the SHTF and it’s what you need to know to survive.

Either the SHTF or there’s an assassination. I don’t think we’ll last even till the midterms. It’s so unreal.

I don’t advocate violence. Unless it’s necessary.

By: acj

acj — Sat, 04 Apr 2009 13:44:12 +0000

Ah, Bilgeman, I am not a fella.

By: acj

acj — Sat, 04 Apr 2009 13:41:39 +0000

Atlas Shrugged.
Let me remind people that Ayn Rand was impressed with American innovation. Innovation is the key to capitalism. It is the drive to be the best, have the best, and improve civilization. America has been on the decline compared with other countries, and I blame the Bush administration for stagnating technology, and being down right backwards! Bush failed American companies. Corporate welfare is the same as poverty welfare-you sit on your sofa sucking Mountain Dew, and getting fat on burgers.
Instead we had a ditto of the 70′s blast in our face with fuel dictating our lives and reminding us that we are at the mercy, MERCY, of oil. America will never be strong if we are at the MERCY of anything.
Our oil wars, and energy policies, have caused the car companies to do the same old SUV’s, trucks for city slickers (one person in a 1 ton truck with hemmies) and so forth. So they are paying the price dearly.
Times have changed, and if a business wants to remain competitive then they must be flexible and be independent with their sources-car companies are not in the business of selling gas.

By: acj

acj — Sat, 04 Apr 2009 13:21:35 +0000

A “tectonic change in the relationship between business and government.” Time was, the role of government in a capitalist society was primarily to secure an environment in which private enterprise could thrive. Today, the role of government is increasingly to nationalize private enterprise, i.e., destroy it in the name of a “higher” good, a “new era of responsibility” in which government bureaucrats tell you how to run your business and whom to employ.

GM, and the banks are all under scrutiny with the government about miss-management, and screwing up. GM is no different. The health insurance, and not the unions, are to blame for GM’s union contracts to go horribly wrong…Our public schools are under the same type of contracts that have escalated 4 to 5 times higher than when they initially started.
Capitalism in the healthcare industry is to blame with GM. If we had national healthcare our problems would be solved.
Oh, an let me see here, GM is 73% republican donors, And GM made the Hummer, that really nice fuel guzzeling monster, and I am sure they did pretty good by military contracts. So here again, it must be that they are looking after themselves, instead of being competitive in the open market. This is when we all thought we would have so much oil that we could waste it in a 10mpg vehicle-LOL.

By: Bilgeman

Bilgeman — Thu, 02 Apr 2009 03:29:45 +0000

#73 acj:
“There is proof of this every step of the way.
2005, AIG, investigations forced CEO Hank Greenberg, a major Republican donor, and Bush family friend, to resign for price fixing. Knock knock, Hello?
Major Republican donors: Bank of America, Wachovia, Citigroup, J.P Morgan, all big donors with the Republican Party…don’t ask don’t tell. All kept the books quiet until it was impossible to hide.
So give me friggen break.”

Uhhh, fella, what exactly does any of that have to do with General Motors?

By: Meryl

Meryl — Thu, 02 Apr 2009 03:28:44 +0000

The intimidated politicians and “businessmen” who continue in silence apparently, at this point, trying to survive what the inexperienced usurper at the top is doing, are going to have to face the music at some point.

It sure would be nice (almost “American” of them) if, since they are willing to take the fall, they would just go ahead and start saying publicly what they know about:

1) deals forced on them behind closed doors
2) who’s being forced out and the reasons they were given
3) how and where common business logic is being set aside
4) how much the kickbacks are and who they are going to
5) what their ACTUAL expectation is with regard to how long the new nationalized auto industry, banking industry, etc. will continue to function at any level
6) what their HR departments are estimating will be the short term and long range attrition
7) what they know about friends and coworkers’ plans for leaving the industry and/or leaving the country
what they have been threatened with if they talk

There have got be SOME business leaders who are more oriented to the survival of the United States that their own hides. They should know that they are toast, regardless.

ARE there any patriots left in the business world? Have they all been either compromised or threatened into silence?

This is past frightening.

Somebody Stop Soetero.

By: acj

acj — Wed, 01 Apr 2009 14:55:16 +0000

Republicans love DEREGULATION
Democrats love REGULATION
The train was never de-railed during the Bush administration (eight years)
Bernanke did his thesis paper on “The Great Depression” he was obsessed about the Great Depression. And what? He never saw the similarities during those years he was in charge?
Tell me there wasn’t a plan here? Disaster broke before they could get out…the train was on the wrong track and they couldn’t switch direction.
There is proof of this every step of the way.
2005, AIG, investigations forced CEO Hank Greenberg, a major Republican donor, and Bush family friend, to resign for price fixing. Knock knock, Hello?
Major Republican donors: Bank of America, Wachovia, Citigroup, J.P Morgan, all big donors with the Republican Party…don’t ask don’t tell. All kept the books quiet until it was impossible to hide.
So give me friggen break.
GOP stands for GOT OFF PAYING. Screw and chew!
We are now left with a train wreck, an economic mess.
Where do you start, but by spanking those bad boy’s bottoms!
Threaten regulation, restriction, and “You are grounded until we get things in order!” Right now we are chastising the cusses that got us into this mess. We are taking away their rights, because frankly they don’t know how to manage money without getting into trouble!
LOL