Punishing Success, Rewarding Failure
POSTED BY: SignyM
UPDATED: Friday, May 22, 2009 20:24
VIEWED: 5951
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GMAC (Ally Bank)- the only part of GM which might escape bankruptcy (through no effort of their own) - is getting another bundle of money from the Feds in the form of stock purchases. GMAC will be taking over Chrysler Financing and is getting the cash to do it. But poor Ford. Ford is doing everything right. They’re keeping their dealerships, all of them. They’re trying to stay competitive by offering better products. They’re raising money the old-fashioned way. And they’re getting stiffed as Germany and the USA prop up GM’s corpse and tilt the playing field. It seems to me that if the Chrysler financing arm should go to anyone, it should go to Ford.
Meanwhile I heard an interesting interview with Jim Rogers, the head of Duke Power. Duke Power is one of the oldest, meanest, dirtiest, coal-based power companies ever. (Harlan County www.ejumpcut.org/archive/onlinessays/JC14folder/HarlanCty.html ) Jim Rogers is supporting Obama’s push towards reducing global warming. It took me a second to figure out why, but then I realized- It was all about “cap and trade”. Companies which still belch out hundred of tons of carbon dioxide are sitting on a veritable gold mine. They’re being rewarded for staying stuck in the stone age. Meanwhile, all of those companies who took a flyer on new technology: wind farms, solar farms, geothermal energy, get… nothing.
And then there’s the so-called healthcare reform. With the public insurance plan being taken out of consideration at the Senate level (time to focus on the House!) it’s begining to look like nothing more than a big giveaway to the folks who fucked everything up in the first place.
What the frak is going on??? Even during this crisis… a crisis which they created… the wealthy well-connected are finding ways to bend the recovery to their advantage, siphoning off the dollars which may ruin our nation’s credit rating. I'm not a free-marketeer, but gorramit, it’s all so stupid I just want to bang my head against a wall. The question is: What can we do about it???
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We should have strapped him into a glider, filled it nose heavy w/ explosives, and dropped his Allah lovin' ass into a large, empty field. After which, release wild boars into the area so they could make good use of his remains. Now THAT's justice.- rappy
Yeah, that's what Sheikh Issa said. Seems you both have a lot in common.- signy
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Quote:
Originally posted by SignyM:
The question is: What can we do about it???
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We should have strapped him into a glider, filled it nose heavy w/ explosives, and dropped his Allah lovin' ass into a large, empty field. After which, release wild boars into the area so they could make good use of his remains. Now THAT's justice.- rappy
Vote Republican.
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This from the guy whose hero started the avalanche? Who blindly threw hundreds of billions of dollars at the banking industry, no strings attached? Really, rappy. Somewhere in your past you took a flyer out of reality.
I want government to show MORE independence from the PTB, not less!
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We should have strapped him into a glider, filled it nose heavy w/ explosives, and dropped his Allah lovin' ass into a large, empty field. After which, release wild boars into the area so they could make good use of his remains. Now THAT's justice.- rappy
Yeah, that's what Sheikh Issa said. Seems you both have a lot in common.- signy
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Quote:
SignyM wrote:
Thursday, May 21, 2009 15:14
This from the guy whose hero started the avalanche?
Who is this " guy " you speak of ? You're babbling again. Make some sense, woman!
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To be entirely fair, Signy, Bush received more support for his bailout from Democrats than he did from Republicans. And Obama hasn't exactly reversed the trend.
How's about "Vote Libertarian"?
SergeantX
"It's cold and it's a broken hallelujah"
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Quote:
Originally posted by SergeantX:
To be entirely fair, Signy, Bush received more support for his bailout from Democrats than he did from Republicans. And Obama hasn't exactly reversed the trend.
How's about "Vote Libertarian"?
SergeantX
"It's cold and it's a broken hallelujah"
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I've always been a staunch republican, but I'm leaning that way, these days. I'm not saying I'll go there, yet, but I'm looking. I'm looking.
Bad_karma
Great and Exalted Grand Pooba, International Brotherhood of Moonshiners, Rednecks, and Good Old Boys.
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The liberal left and the libertarian right have about the same issues with Obama. If you were to go to www.alternet.com you'd see an awful lot of grumbling and criticism. It's funny, because the way I read it, libertarians are pissed because they don't like government monkeying in business, and the left is pissed because they don't like business monkeying in government.
In any case, what I meant was... what can we do NOW? Seems like none of you have any suggestions.
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Quote:
Originally posted by JKiddo:
The liberal left and the libertarian right have about the same issues with Obama. If you were to go to www.alternet.com you'd see an awful lot of grumbling and criticism. It's funny, because the way I read it, libertarians are pissed because they don't like government monkeying in business, and the left is pissed because they don't like business monkeying in government.
In any case, what I meant was... what can we do NOW? Seems like none of you have any suggestions.
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There's nothing to be done at the moment, except prepare for the next election cycle. If like minded people start organizing NOW, and work to get candidates on the ticket anywhere that the incumbent is weak, then they can effect change very effectively. That's not to say overnight.
One problem any such movement faces is that many of the elected are firmly entrenched in their home states. IF, however, a good organization can get enough folks from a solid third party effort into office, then the effectiveness of those entrenched politicos weakens, which, in turn, makes them weak. It's like a house of cards, or a line of dominoes.
The way to make things better is to make sure that the right people wind up in office. That takes hard, hard work, some money, though not the millions that are spent every year, IMO, ( not if handled right, anyway ) and rock solid organization.
The problem usually boils down to the hard, hard work. There just aren't enough people who care enough to get out there and do the grassroots work needed to turn the system around. Or on it's ear, if you prefer
Right now, IMO, there is no centrist party. Everyone, and every party, is extreme on one end or the other, really. A solid centrist party that can agree on a platform that appeals to the middle America that we all still believe is out there, will accomplish real change, that we can actually believe in.
Nowadays, though, if you have more than two people discussing the 'issues' you have an argument.
Bad_karma
Great and Exalted Grand Pooba, International Brotherhood of Moonshiners, Rednecks, and Good Old Boys.
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The only way we can fix this is to vote out every incumbent in office. Republican, Democrat, Independant. All of them.
Serving in Washington was not supposed to be a life long career.
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