Comments on: Big Brother Is Driving Now

By: Pat Hendrix

Pat Hendrix — Tue, 31 Mar 2009 14:07:06 +0000

Five weeks of vacation? That would be the first good thing Congress has done in decades.

By: Recovering Lobbyist

Recovering Lobbyist — Tue, 31 Mar 2009 12:28:19 +0000

President Obama is backing your car warranty now. I am a beneficiary of that I guess; I own two GMs.

You read it here first, however. Congress is going to start playing politics with car warranties.

Cadilac owners, we didn’t mean what we said. You have money, so no warranty for you. But if you have a Dodge Neon, we will fix your car twice if it breaks because you must be poor. Then again, maybe this guarantee isn’t going to help me. Both of my GMs are SUVs. We all know those are bad, so no warranty for me. But if you drive a new hydrogen car, your warranty is good for 200,000 miles because Lindsay Graham likes hydrogen cars.

America is now officially an emirate of France. But look on the bright side: it is only a matter of time before Congress mandates 5-weeks of vacation like UAW workers get. God help us all.

By: Pat Hendrix

Pat Hendrix — Tue, 31 Mar 2009 01:59:34 +0000

Roland, hell yes I see a contradiction and that segs perfectly into Sylvia’s question – yes, his cabinet is neck deep into the financial markets. Take a gander at the resumes of his cabinet. Crony capitalism at its worst. Both parties, both chambers are sold out to the banks and insurance industry. It’s nauseating.

By: sylvia

sylvia — Mon, 30 Mar 2009 23:44:55 +0000

Does anyone in Obama’s Cabinet have any private sector business experience?

Has any of his cabinet run a Fortune 500 company?

How can we trust the man to run a car company?

Right… I get it. Hope and Change…Hope and Change…Hope and Change…

By: roland

roland — Mon, 30 Mar 2009 20:57:35 +0000

So, the GM CEO gets the hatchet.

Fannie Mae and Fannie Mac received tens of billions more than GM and no heads roll.

Anyone see a contradiction?

Then again, Dodd and Franks received hundreds of thousands of dollars each from Fannie Mae and Mac.

By: Pat Hendrix

Pat Hendrix — Mon, 30 Mar 2009 20:22:23 +0000

No. But that doesn’t equate to “big brother” or “socialism” or anything more than commonsense. When the board of directors of a company comes asking for super low interest loans, expect there to be accountability. I’m certain fits news and the rest of the crowd posting here were not offended when the Republican Party asked labor to set aside their contracts at GM and Ford. What’s the difference?

Obama will ask the same of labor. I’m guessing we will not here sqwaking about that here at fits.

Besides, the guy ran the company into the ground and walked with 20 million. Where do I get that deal?

By: Dusk McCoy

Dusk McCoy — Mon, 30 Mar 2009 18:31:10 +0000

Pat,

I’m no historian, but I can’t think of any U.S. president in my lifetime who has ordered the resignation of a privately held company CEO. Can you?

By: roofus

roofus — Mon, 30 Mar 2009 18:27:24 +0000

Dr. Comrade O,

Thanks for the tip regarding your corporate take-over of G.M.

I sold short on Friday and made another billion with the expectation of a drop in the Dow.

Don’t take the European’s rejection of socialism personally–I only want to bankrupt the United States.

Cheers.

George Soros

P.S. Please take a zyrtec upon your return from England, I hear that the pollen from the cherry blossoms are particularly intense this year and I don’t want you to get the sniffles…

By: Pat Hendrix

Pat Hendrix — Mon, 30 Mar 2009 17:09:31 +0000

Hmm, so GM is the second largest maunfacturer in the world and it’s “dead”? Not even close. Chrysler is dead as fried chicken, but it seems pretty clear the adminstration is going to let it go.

In any event, Obama has not nationalized a bank, a car company or anything else. Besides, TARP passed in the Bush Adminstration with the support of Dick Cheney, not exactly a left-winger. The first bailout of the auto industry also happened in the Bush Adminstration, with no concessions. At least Obama is talking about using bankruptcy and letting the losses fall with their righful owners.

This looks like the bailouts of Harley, the Savings and Loan industry, New York City and Chrysler in the 1980s, not the beginnings of a marxist revolution. Some you bed wetters should do a little reading and little less writing.

By: randee

randee — Mon, 30 Mar 2009 15:26:05 +0000

Perhaps we should re-name GM to OM –Obama Motors.

Incidentally, isn’t it ironic that Obama assisted in establishing a carbon credit company months before the election and is now shilling for cap-and-trade laws which would directly profit his financial enterprises?