Posts
Why Is GM Raising Prices?
General Motors--in it's infinite wisdom--has decided to raise prices as it's truck sales numbers continue to fall. In September Chevy and GMC trucks lost 8% in sales (Ford up 10%; Chrysler up 8%). So, what did they decide to do?!? Add $2,100 to the shocking base sticker price of $26,670. Nothing more than an obamagimmic, a smoke-and-mirrors ploy to hide the raise in future discounts. I have but one question: Who's the GM CEO's financial advisor: "Clown Prince" obama or everyone's loveable communist, Valerie Jarrett?!?
That's all I got.
Til Nex'Time....
Justin Case
http://finance.yahoo.com/news/gm-boosts-prices-pickup-truck-152115312.html
Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts
Wednesday, October 16, 2013
Tuesday, September 17, 2013
Clarifying "Clown Prince" obama's Blather; September Sixteenth
Clarifying the Blather
The "clownish" blather out of barackINGHAM PALACE is in dire need of clarification. If--and that's a huge 'if'--"Clown Prince" obama were prone to bouts of truthful bluster AND if he had the best interests of the country and its' people at heart, he'd have blathered his topics differently, to wit:
"I want to be clear though that, even as we've dealt with the situation in Syria, we've continued to focus on my number one priority since the day I took office, making sure we recover from the worst economic crisis of our lifetimes, and rebuilding our economy so it works for everybody who's willing to work hard, so that everybody who is willing to take responsibility for their lives has a chance to get ahead."
~~Truth-be-told, the number one priority of this cabal has been golfing followed closely by the emperor's MONTHLY vacations costing the federal treasury billions. Remember: Michelle "Antoinette" has her own taxpayer-funded travel schedule, sometimes to the same destination, but unable to wait the 2 or 3 hours necessary to travel with the "Clown Prince!"~~
"It was five years ago, this week, that the financial crisis rocked Wall Street, and sent an economy already into recession, into a tail spin. And it's hard sometimes to remember everything that happened during those -- those months, but in a matter of a frightening few days and weeks, some of the largest investment banks in the world failed, stock markets plunged, banks stopped lending to families and small businesses, our auto industry -- the heartbeat of American manufacturing -- was flat-lining.
By the time I took office, the economy was shrinking by an annual rate of more than 8 percent. Our businesses were shedding 800,000 jobs each month. It was a perfect storm that would rob millions of Americans of jobs and homes and savings that they had worked a lifetime to build."
~~This 'tailspin' the "Clown Prince" refers to is in part, the culmination of years of policies instituted by "Slick Willie" Clinton and his HUD Secretary--the current (and sadly) New York Governor--Andrew "King" Cuomo. "Slick Willie's" prime policy culprit was the Sub-Prime Mortgage scandal. The mortgages granted to those who could ill-afford them and had no compunction to repay, were bundled into investments and sold, resold and resold again and again. This pyramid scheme collapsed when the smart people realized the value wasn't there and refused to continue their involvement! "Clown Prince" obama then added his amateurish incompetence to the mix, to the tune of an amount NO ONE is talking about: EIGHTEEN TRILLION DOLLARS--that's $18,000,000,000,000--when the continuing allotments of qualitative easing are added.~~
"It’s what those earliest days of the crisis caused us to act so quickly through the Recovery Act to arrest the downward spiral and put a floor under the fall. We put people to work, repairing roads and bridges, to keep teachers in our classrooms, our first responders on the streets. We helped responsible homeowners modify their mortgages so that more of them could keep their homes. We helped jump-start the flow of credit to help more small businesses keep their doors open. We saved the American auto industry."
~~The Recovery Act became The Donors, Bundlers and Supporters Payback Act and beyond the crony payoffs, did little to reduce the affects of the oncoming obama Depression. Few roads and fewer bridges ever got the attention they needed; the teachers were under little threat due to tenure; the limited funds for the police and firemen were administered by the states and were only available to fund said responders for a single year. Again, the "Clown Prince" continued the failed "Slick Willie"-"King" Cuomo sub-prime mortgage fiasco, further alleviating any personal responsibility on the part of the home buyers. Rather than letting the nature of business take it's course, the cabal intervened in General Motors' impending bankruptcy, but only to the extent of bailing out the auto unions with cash, an ownership stake in GM as well as placing the UAW retirement system under federal control/funding. The US Treasury is still a major stakeholder in General Motors, monies the taxpayer will never recover!~~
"....so we took on a broken health care system, we invested in new American technologies to end our addiction to foreign oil, we put in place tough new rules on big banks...."
"We also changed a tax code that was too skewed in favor of the wealthiest Americans. We locked in tax cuts for 98 percent of Americans."
~~The obama lip service to the nearly destroyed middleclass continues. Whatever was 'broken' in the previous healthcare system, obamaKare ignored. Whatever worked in the previous healthcare system, obamaKare DESTROYED. The cabal campaigned on the (alleged) 30 million Americans without health insurance. IF AND WHEN obamaKare is fully implemented, the same 30 million Americans--plus millions of illegal 'democrats'--will still be lacking health insurance. A 'quick-fix' for the obama Cabal would have been to open health insurance providers to nationwide sales and marketing. With competition comes fair and AFFORDABLE premiums!!
Any time the taxpayer hears the word 'investment' from any branch of any government, best they should hang onto their wallets!! There have been solutions available to both parties to lessen the affects of foreign oil. Were they considered? N-o-o-o-o-o!! Since the "Clown Prince's" immaculation, he could have--with the stroke of a pen; by executive order--made the United States the successor to Saudi Arabia in the world's oil marketplace. obama could have easily approved the Keystone XL pipeline project. obama could have easily opened federal lands to exploration development of both drilling and fracking. Did he consider it? N-o-o-o-o-o!! Instead, the best play--in his limited common sense--was to bankroll alternative energies, their development and production. The "Clown Prince" GAVE tens-of-billions to alternative energy companies and--wouldn'cha know it--almost immediately thereafter, at least EIGHT solar companies filed for bankruptcy after--of course--paying their obama donors, bundlers and supporters millions in bonus money!!
The 'new-and-improved' banking rules benefitted Big Banking at the expense of the lowly middleclass. More stringent control over practically anything the middleclass investor wanted to do rather than restricting much of the banking industry.
Rather than considering the complete scrapping of the current tax code in favor of a fair or flat tax, the cabal passed out miniscule tax cuts while simultaneously strangling business/corporate investment by taxing money away from the wealthier among us, money that undoubtedly could have been invested in R and D, in plant and equipment. A fair or flat taxing system could have been written to ensure the treasury had sufficient funds to piss away as they do today!~~
"....over the last three-and-a-half years, our businesses have added 7.5 million new jobs. The unemployment rate has come down. Our housing market is healing. Our financial system is safer. We sell more goods made in America to the rest of the world than ever before. We generate more renewable energy than ever before. We produce more natural gas than anybody. Health care costs are growing at the slowest rate in 50 years."
~~Over the past three-and-a-half years, our businesses have lost nearly TEN MILLION JOBS, thus the obama obfuscation is necessary.
Any other president would be ashamed of a 7.4% unemployment rate. The primary reason the obama rate has come down from the 10% range is the severe reduction in the labor participation rate. If the participation rate were the same as during the President Bush years, the obama unemployment rate would be in the 22-25% range, and he'd still be proud of it!! As it is, the U-6 unemployment rate (that counts EVERYONE) is in the 15% range. A dam' shame for a president; acceptable for a ruler.
The obama Cabal is still backing a sub-prime mortgage pyramid scheme and is very likely to continue until the next housing collapse. I doubt that the financial system is safer but no matter, the middleclass has little money. obama's much celebrated renewable energy plan is unworkable. All facets of alternative energy rely on sizeable, annual government subsidies; none are self-sustaining, stand alone! It's not due to obama that we produce more natural gas than anybody. He's done everything possible to thwart the petroleum/natural gas industries. The vast majority of production occurs on private lands where obama has little control, at least for now. Due to obamaKare, the costs to the individual, to the family are growing exponentially, if they can find coverage at all! obamaKare is the mirror image of the disaster that is the obama Cabal.~~
"We need to grow faster. We need more good-paying jobs. We need more broad-based prosperity. We need more ladders of opportunity for people who are currently poor, but want to get into the middle class.
Because even though our businesses are creating new jobs and have broken record profits, the top 1 percent of Americans took home 20 percent of the nation’s income last year, while the average worker isn’t seeing a raise at all.
In fact, that understates the problem. Most of the gains have gone to the top one-tenth of 1 percent. So in many ways, the trends that have taken hold over the past few decades of a winner-take-all economy, where a few do better and better and better, while everybody else just treads water or loses ground, those trends have been made worse by the recession."
~~Everything--and I mean EVERYTHING--that the obama Cabal has f*cked up thus far, can be laid at the feet of obamaKare!! Every ill in the previous paragraph has been exacerbated by the unintended--or intended--consequences of obamaKare! America has gone from the 19th century standard 100-hour, six-day workweek to become a nation with the new 29-hour workweek as full time employment. "Clown Prince" obama can excoriate the rich, the wealthy all he wants, but I've never had a paycheck signed by a poor person!! It can only get worse if he and the RINOs get their coveted 'comprehensive immigration reform.' (Remember: in this case 'comprehensive' means open the gates and let the influx of human debris begin!)!!~~
In the last third of "Clown Prince" obama's blusterful blather, he does little more than add his personal touch to all the socio-fascist bullshit he learned from Saul Alinsky and that dynamic duo: Cloward and Piven!! The only phrases missing are "It's all Bush's fault" and "You're a racist." Obama and his minions spend most of their waking moments excoriating the conservatives in the congress. Those like Senator Ted Cruz, Senator Mike Lee, Senator Rand Paul and others who've actually read the US Constitution and stand ready to honor their oath of office.... you know the one:
I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter: So help me God.
(oath emphasis-mine.)
Now we have the looming conflagration of defunding obamaKare versus an increase in the federal debt ceiling. For the past several years the Senate has used an illegitimate continuing spending resolution to continue government operations. Said resolution instead of an annual budget hides the vast amounts and coverage of the government's spending habits. "Clown Prince" obama and his Cabal accuse the republicRATic House of favoring a 'government shut-down' rather than cave on defunding the unaffordable, impossible-to-implement, federal health plan. Imagine giving your morbidly obese child a twenty-dollar-bill in the local candy store! That's directly akin to continuing to raise the debt ceiling for a socio-fascist spender like the "Clown Prince."
Til Nex'Time....
Justin Case
http://www.washingtonpost.com/politics/running-transcript-president-obamas-sept-16-speech-on-the-economy-and-the-navy-yard-shooting/2013/09/16/c63b2c30-1ee4-11e3-b7d1-7153ad47b549_story_1.html
http://www.senate.gov/artandhistory/history/common/briefing/Oath_Office.htm
The "clownish" blather out of barackINGHAM PALACE is in dire need of clarification. If--and that's a huge 'if'--"Clown Prince" obama were prone to bouts of truthful bluster AND if he had the best interests of the country and its' people at heart, he'd have blathered his topics differently, to wit:
"I want to be clear though that, even as we've dealt with the situation in Syria, we've continued to focus on my number one priority since the day I took office, making sure we recover from the worst economic crisis of our lifetimes, and rebuilding our economy so it works for everybody who's willing to work hard, so that everybody who is willing to take responsibility for their lives has a chance to get ahead."
~~Truth-be-told, the number one priority of this cabal has been golfing followed closely by the emperor's MONTHLY vacations costing the federal treasury billions. Remember: Michelle "Antoinette" has her own taxpayer-funded travel schedule, sometimes to the same destination, but unable to wait the 2 or 3 hours necessary to travel with the "Clown Prince!"~~
"It was five years ago, this week, that the financial crisis rocked Wall Street, and sent an economy already into recession, into a tail spin. And it's hard sometimes to remember everything that happened during those -- those months, but in a matter of a frightening few days and weeks, some of the largest investment banks in the world failed, stock markets plunged, banks stopped lending to families and small businesses, our auto industry -- the heartbeat of American manufacturing -- was flat-lining.
By the time I took office, the economy was shrinking by an annual rate of more than 8 percent. Our businesses were shedding 800,000 jobs each month. It was a perfect storm that would rob millions of Americans of jobs and homes and savings that they had worked a lifetime to build."
~~This 'tailspin' the "Clown Prince" refers to is in part, the culmination of years of policies instituted by "Slick Willie" Clinton and his HUD Secretary--the current (and sadly) New York Governor--Andrew "King" Cuomo. "Slick Willie's" prime policy culprit was the Sub-Prime Mortgage scandal. The mortgages granted to those who could ill-afford them and had no compunction to repay, were bundled into investments and sold, resold and resold again and again. This pyramid scheme collapsed when the smart people realized the value wasn't there and refused to continue their involvement! "Clown Prince" obama then added his amateurish incompetence to the mix, to the tune of an amount NO ONE is talking about: EIGHTEEN TRILLION DOLLARS--that's $18,000,000,000,000--when the continuing allotments of qualitative easing are added.~~
"It’s what those earliest days of the crisis caused us to act so quickly through the Recovery Act to arrest the downward spiral and put a floor under the fall. We put people to work, repairing roads and bridges, to keep teachers in our classrooms, our first responders on the streets. We helped responsible homeowners modify their mortgages so that more of them could keep their homes. We helped jump-start the flow of credit to help more small businesses keep their doors open. We saved the American auto industry."
~~The Recovery Act became The Donors, Bundlers and Supporters Payback Act and beyond the crony payoffs, did little to reduce the affects of the oncoming obama Depression. Few roads and fewer bridges ever got the attention they needed; the teachers were under little threat due to tenure; the limited funds for the police and firemen were administered by the states and were only available to fund said responders for a single year. Again, the "Clown Prince" continued the failed "Slick Willie"-"King" Cuomo sub-prime mortgage fiasco, further alleviating any personal responsibility on the part of the home buyers. Rather than letting the nature of business take it's course, the cabal intervened in General Motors' impending bankruptcy, but only to the extent of bailing out the auto unions with cash, an ownership stake in GM as well as placing the UAW retirement system under federal control/funding. The US Treasury is still a major stakeholder in General Motors, monies the taxpayer will never recover!~~
"....so we took on a broken health care system, we invested in new American technologies to end our addiction to foreign oil, we put in place tough new rules on big banks...."
"We also changed a tax code that was too skewed in favor of the wealthiest Americans. We locked in tax cuts for 98 percent of Americans."
~~The obama lip service to the nearly destroyed middleclass continues. Whatever was 'broken' in the previous healthcare system, obamaKare ignored. Whatever worked in the previous healthcare system, obamaKare DESTROYED. The cabal campaigned on the (alleged) 30 million Americans without health insurance. IF AND WHEN obamaKare is fully implemented, the same 30 million Americans--plus millions of illegal 'democrats'--will still be lacking health insurance. A 'quick-fix' for the obama Cabal would have been to open health insurance providers to nationwide sales and marketing. With competition comes fair and AFFORDABLE premiums!!
Any time the taxpayer hears the word 'investment' from any branch of any government, best they should hang onto their wallets!! There have been solutions available to both parties to lessen the affects of foreign oil. Were they considered? N-o-o-o-o-o!! Since the "Clown Prince's" immaculation, he could have--with the stroke of a pen; by executive order--made the United States the successor to Saudi Arabia in the world's oil marketplace. obama could have easily approved the Keystone XL pipeline project. obama could have easily opened federal lands to exploration development of both drilling and fracking. Did he consider it? N-o-o-o-o-o!! Instead, the best play--in his limited common sense--was to bankroll alternative energies, their development and production. The "Clown Prince" GAVE tens-of-billions to alternative energy companies and--wouldn'cha know it--almost immediately thereafter, at least EIGHT solar companies filed for bankruptcy after--of course--paying their obama donors, bundlers and supporters millions in bonus money!!
The 'new-and-improved' banking rules benefitted Big Banking at the expense of the lowly middleclass. More stringent control over practically anything the middleclass investor wanted to do rather than restricting much of the banking industry.
Rather than considering the complete scrapping of the current tax code in favor of a fair or flat tax, the cabal passed out miniscule tax cuts while simultaneously strangling business/corporate investment by taxing money away from the wealthier among us, money that undoubtedly could have been invested in R and D, in plant and equipment. A fair or flat taxing system could have been written to ensure the treasury had sufficient funds to piss away as they do today!~~
"....over the last three-and-a-half years, our businesses have added 7.5 million new jobs. The unemployment rate has come down. Our housing market is healing. Our financial system is safer. We sell more goods made in America to the rest of the world than ever before. We generate more renewable energy than ever before. We produce more natural gas than anybody. Health care costs are growing at the slowest rate in 50 years."
~~Over the past three-and-a-half years, our businesses have lost nearly TEN MILLION JOBS, thus the obama obfuscation is necessary.
Any other president would be ashamed of a 7.4% unemployment rate. The primary reason the obama rate has come down from the 10% range is the severe reduction in the labor participation rate. If the participation rate were the same as during the President Bush years, the obama unemployment rate would be in the 22-25% range, and he'd still be proud of it!! As it is, the U-6 unemployment rate (that counts EVERYONE) is in the 15% range. A dam' shame for a president; acceptable for a ruler.
The obama Cabal is still backing a sub-prime mortgage pyramid scheme and is very likely to continue until the next housing collapse. I doubt that the financial system is safer but no matter, the middleclass has little money. obama's much celebrated renewable energy plan is unworkable. All facets of alternative energy rely on sizeable, annual government subsidies; none are self-sustaining, stand alone! It's not due to obama that we produce more natural gas than anybody. He's done everything possible to thwart the petroleum/natural gas industries. The vast majority of production occurs on private lands where obama has little control, at least for now. Due to obamaKare, the costs to the individual, to the family are growing exponentially, if they can find coverage at all! obamaKare is the mirror image of the disaster that is the obama Cabal.~~
"We need to grow faster. We need more good-paying jobs. We need more broad-based prosperity. We need more ladders of opportunity for people who are currently poor, but want to get into the middle class.
Because even though our businesses are creating new jobs and have broken record profits, the top 1 percent of Americans took home 20 percent of the nation’s income last year, while the average worker isn’t seeing a raise at all.
In fact, that understates the problem. Most of the gains have gone to the top one-tenth of 1 percent. So in many ways, the trends that have taken hold over the past few decades of a winner-take-all economy, where a few do better and better and better, while everybody else just treads water or loses ground, those trends have been made worse by the recession."
~~Everything--and I mean EVERYTHING--that the obama Cabal has f*cked up thus far, can be laid at the feet of obamaKare!! Every ill in the previous paragraph has been exacerbated by the unintended--or intended--consequences of obamaKare! America has gone from the 19th century standard 100-hour, six-day workweek to become a nation with the new 29-hour workweek as full time employment. "Clown Prince" obama can excoriate the rich, the wealthy all he wants, but I've never had a paycheck signed by a poor person!! It can only get worse if he and the RINOs get their coveted 'comprehensive immigration reform.' (Remember: in this case 'comprehensive' means open the gates and let the influx of human debris begin!)!!~~
In the last third of "Clown Prince" obama's blusterful blather, he does little more than add his personal touch to all the socio-fascist bullshit he learned from Saul Alinsky and that dynamic duo: Cloward and Piven!! The only phrases missing are "It's all Bush's fault" and "You're a racist." Obama and his minions spend most of their waking moments excoriating the conservatives in the congress. Those like Senator Ted Cruz, Senator Mike Lee, Senator Rand Paul and others who've actually read the US Constitution and stand ready to honor their oath of office.... you know the one:
I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter: So help me God.
(oath emphasis-mine.)
Now we have the looming conflagration of defunding obamaKare versus an increase in the federal debt ceiling. For the past several years the Senate has used an illegitimate continuing spending resolution to continue government operations. Said resolution instead of an annual budget hides the vast amounts and coverage of the government's spending habits. "Clown Prince" obama and his Cabal accuse the republicRATic House of favoring a 'government shut-down' rather than cave on defunding the unaffordable, impossible-to-implement, federal health plan. Imagine giving your morbidly obese child a twenty-dollar-bill in the local candy store! That's directly akin to continuing to raise the debt ceiling for a socio-fascist spender like the "Clown Prince."
Til Nex'Time....
Justin Case
http://www.washingtonpost.com/politics/running-transcript-president-obamas-sept-16-speech-on-the-economy-and-the-navy-yard-shooting/2013/09/16/c63b2c30-1ee4-11e3-b7d1-7153ad47b549_story_1.html
http://www.senate.gov/artandhistory/history/common/briefing/Oath_Office.htm
Saturday, October 13, 2012
"Clown Prince" Weekly Blather; October 13th
A Patriotic Response To The "Clown Prince;" 10/13/2012
barackingham Palace,
District of Corruption
October 13, 2012
Every year around this time, American car companies start rolling out their newest, shiniest models, hoping to entice you into buying one. It’s Detroit’s chance to show you what they’ve been working on – the latest and greatest. And this year is no exception. They’ve got some pretty good-looking cars coming out. But something is different this time around – and it starts with the auto companies themselves. Just a few years ago, the auto industry wasn’t just struggling – it was flatlining. GM and Chrysler were on the verge of collapse. Suppliers and distributors were at risk of going under. More than a million jobs across the country were on the line – and not just auto jobs, but the jobs of teachers, small business owners, and everyone in communities that depend on this great American industry.
But we refused to throw in the towel and do nothing. We refused to let Detroit go bankrupt. We bet on American workers and American ingenuity, and three years later, that bet is paying off in a big way. Today, auto sales are the highest they’ve been in more than four years. GM is back. Ford and Chrysler are growing again. Together, our auto industry has created nearly a quarter of a million new jobs right here in America. And we’re not just making more cars and trucks – we’re making better ones.
[What I'm not telling you: During this election season--with no positive record to run on--I've taken to grasping at straws albeit, broken straws! This 'Government' Motors 'recovery' is a complete fabrication, from start to finish. To begin, the reader needs to know the definition, the ramifications of the type of bankruptcy that General Motors was facing.
Just the word 'bankruptcy' leaves a bad taste in one's mouth, but the action of bankruptcy is a viable, sometimes warranted business action at certain points in a company's life. The definition, thus:
Now that my subjects are knowledgable with that definition, we can proceed with the details of what actually happened in the whole sordid affair. For many, many years previous, General Motors--as did most auto manufacturers--made it a point to 'roll-over-and-play-dead' to conclude negotiations with the various unions directly involved with the auto industry. Finally, with union health care benefits; with union retirement and pension benefits; et al, coupled with a plainly inept upper management; coupled with a less-than-workable business plan, General Motors--and to a lesser extent, Chrysler Corporation--bumped--face-first--into the required-decision wall!!
Now, here's what happened: GM declared bankruptcy and prepared for reorganization while continuing to build cars and trucks. All could have eventually been resolved--most probably not to the unions' satisfaction--without the regime stepping in and dictating the terms and conditions. Here, it's important to understand what had happened previous to this corporate collapse:
the various auto union hierarchies provided both great financial and boots-on-the-ground support for my 2008 "Campaign of Fluff" as well as quietly, subtly forcing the union memberships to donate and provide boots-on-the-ground as well. I owed them--BIG TIME--for, without that forced support, I'd have never been in the position to be your exalted ruler; to spread the Saul Alinsky principles of socialism throughout America!!
When the federal government--read: I, your exalted ruler--stepped in to demand the terms of the reorganization outside the pervue of any bankruptcy court, ALL non-union individuals and entities were screwed-to-the-wall!!
After 30 years of inaction, we raised fuel standards so that by the middle of the next decade, cars and light trucks will average almost 55 miles per gallon – nearly double what they get today. That means you’ll only have to fill up every two weeks instead of every week. It’s good for your wallet, it’s good for our economy, and it’s good for the environment. The technology that makes it happen will also help America stay on the cutting edge for decades to come. Just this week, GM announced they plan to hire 1,500 workers for a new research center in Michigan to help make sure the high-tech cars of tomorrow are designed and built right here in America. I’ve also signed new bipartisan trade agreements into law, because I want to see more cars on the road in places like South Korea imported from Detroit and Toledo and Chicago. All of this is something the American people can and should be proud of. It’s a reminder that when the American people put their mind to something, there’s nothing we can’t do. So next time you see one of those brand new 2013 models on TV or on the lot, think about how far we’ve come together. Think about how – thanks to the hard work and can-do spirit of the American people – more of those cars and trucks are being manufactured by American workers at American companies in communities all across the country. And they’re going to save you more money at the pump. That’s what America is all about. When we get knocked down, we get back up. We come back stronger. And as long as I’m President, that’s what we’ll keep doing.
[What I'm not telling you: These new CAFE standards will be a benefit if the regime-forced 175% increase in fuel prices at-the-pump continue beyond my upcoming 'retirement!' To achieve these standards, the American auto companes are being forced to make more-and-more parts out of plastic; out of lighter, weaker materials. This fuel saving will come at the expense of current passenger safety standards.
A portion of the announced Government Motors' plan to hire 1,500 workers for a new research facility in MIchigan, comes at the expense of a closing Government Motors facility in tiny, little Honeoye Falls (honey-OIE), N.Y. Until their notification, the 220-250 employees at said facility did fuel-cell development and experimentation. This action by Government Motors will be a huge, albeit temporary, set-back for the village.
Those referenced bi-partisan trade agreements I signed.... just how effective; just how profitable will they be? Have you ever seen the roads in most of South Korea?!? In most places, two donkey-carts can't pass side-by-side; how the hell will ONE AMERICAN CAR navigate said cart-paths?!?
I did make one correct statement in this entire blather opportunity:
"When we get knocked down, we get back up."
More correctly stated:
"When the regime knocks down the middle-class, they get back up with a vengence at the polls!"]
barackingham Palace,
District of Corruption
October 13, 2012
Every year around this time, American car companies start rolling out their newest, shiniest models, hoping to entice you into buying one. It’s Detroit’s chance to show you what they’ve been working on – the latest and greatest. And this year is no exception. They’ve got some pretty good-looking cars coming out. But something is different this time around – and it starts with the auto companies themselves. Just a few years ago, the auto industry wasn’t just struggling – it was flatlining. GM and Chrysler were on the verge of collapse. Suppliers and distributors were at risk of going under. More than a million jobs across the country were on the line – and not just auto jobs, but the jobs of teachers, small business owners, and everyone in communities that depend on this great American industry.
But we refused to throw in the towel and do nothing. We refused to let Detroit go bankrupt. We bet on American workers and American ingenuity, and three years later, that bet is paying off in a big way. Today, auto sales are the highest they’ve been in more than four years. GM is back. Ford and Chrysler are growing again. Together, our auto industry has created nearly a quarter of a million new jobs right here in America. And we’re not just making more cars and trucks – we’re making better ones.
[What I'm not telling you: During this election season--with no positive record to run on--I've taken to grasping at straws albeit, broken straws! This 'Government' Motors 'recovery' is a complete fabrication, from start to finish. To begin, the reader needs to know the definition, the ramifications of the type of bankruptcy that General Motors was facing.
Just the word 'bankruptcy' leaves a bad taste in one's mouth, but the action of bankruptcy is a viable, sometimes warranted business action at certain points in a company's life. The definition, thus:
"The financial status of a firm that has been legally judged either to have debts that exceed assets or to be unable to pay its bills. Formal bankruptcy may result in reorganization and continued operation of the firm, or it may require liquidation and distribution of the proceeds. In either case, most security owners, especially shareholders, are likely to suffer losses."
Now that my subjects are knowledgable with that definition, we can proceed with the details of what actually happened in the whole sordid affair. For many, many years previous, General Motors--as did most auto manufacturers--made it a point to 'roll-over-and-play-dead' to conclude negotiations with the various unions directly involved with the auto industry. Finally, with union health care benefits; with union retirement and pension benefits; et al, coupled with a plainly inept upper management; coupled with a less-than-workable business plan, General Motors--and to a lesser extent, Chrysler Corporation--bumped--face-first--into the required-decision wall!!
Now, here's what happened: GM declared bankruptcy and prepared for reorganization while continuing to build cars and trucks. All could have eventually been resolved--most probably not to the unions' satisfaction--without the regime stepping in and dictating the terms and conditions. Here, it's important to understand what had happened previous to this corporate collapse:
the various auto union hierarchies provided both great financial and boots-on-the-ground support for my 2008 "Campaign of Fluff" as well as quietly, subtly forcing the union memberships to donate and provide boots-on-the-ground as well. I owed them--BIG TIME--for, without that forced support, I'd have never been in the position to be your exalted ruler; to spread the Saul Alinsky principles of socialism throughout America!!
When the federal government--read: I, your exalted ruler--stepped in to demand the terms of the reorganization outside the pervue of any bankruptcy court, ALL non-union individuals and entities were screwed-to-the-wall!!
- Firstly, the several hundred-thousand GM bondholders were paid off at less than three-cents on the dollar, a huge saving for Government Motors; a devastating loss for said bond holders. At the same time, GM common stock was driven to an all-time low of 18-cents per share.
- Secondly, all non-union auto workers were put on 'layoff' and their healthcare and retirement benefits agreements nullified.
- Thirdly, all parts suppliers-creditors were assured payoffs, though not nearly as devastating as the deep level to which I screwed the bondholders.
- Fourthly, no matter what you've heard, the 'cash' bailout of Government Motors was only $6.7 Billion; we carefully 'hid' the rest of the $50 Billion in pork, used for GM asset purchases.
- Fifthly, the vast majority of salaried employees of Government Motors as well as spun-off suppliers lost over 70% of their retirement cash benefits as well as all their healthcare benefits.
- Sixthly, a nearly 20% equity position in the new Government Motors was 'awarded' to the various auto unions in payment for their combined support of my 2008 "Campaign of Fluff."
- Seventhly, the federal government assumed a 61% (365 million shares) equity position in the new Government Motors. For the taxpayer to break-even, the stock price will have to rise above $55.00 per share. At yesterday's (10/12/2012) close, GM was $24.50.
- Eighthly, on 12/31/2009, the DJIA closed at 10,428.05; on 10/12/2012, the DJIA closed at 13,328.85 for an increase of 27.81%. The GM IPO on November 18, 2010 was priced at $33 per share, generating a Treasury payback of $11 Billion+, resulting in a reduction the 'taxpayer stake' in Government Motors to 33%, Whoop'tie-Doo!! During the aforementioned period, the value of Government Motors' common stock DECLINED by 34.6%!!
- Ninthly, so long as the federal government--read: me, your exalted ruler--holds said 33% stake, I can dictate on-going terms and conditions. I've already exercised this power: Can anyone spell C-H-E-V-Y V-O-L-T?!?
- Tenthly, this 'investment'
isgoinghas gone the way of all my other marque investments, namely Solyndra!! At the V-O-L-T's break-even price of $41,000, Goverment Motors can't give 'em away!! Not even with a 'taxpayer rebate' of $7,500-10,000!! - Eleventhly, this "....created nearly a quarter-million new jobs here in America...." statement? Completely misleading, complete BULLSHIT! These 'created' jobs are merely replacements for the several hundred-thousand non-union employees 'laid-off' during the regime takeover of Government Motors!
After 30 years of inaction, we raised fuel standards so that by the middle of the next decade, cars and light trucks will average almost 55 miles per gallon – nearly double what they get today. That means you’ll only have to fill up every two weeks instead of every week. It’s good for your wallet, it’s good for our economy, and it’s good for the environment. The technology that makes it happen will also help America stay on the cutting edge for decades to come. Just this week, GM announced they plan to hire 1,500 workers for a new research center in Michigan to help make sure the high-tech cars of tomorrow are designed and built right here in America. I’ve also signed new bipartisan trade agreements into law, because I want to see more cars on the road in places like South Korea imported from Detroit and Toledo and Chicago. All of this is something the American people can and should be proud of. It’s a reminder that when the American people put their mind to something, there’s nothing we can’t do. So next time you see one of those brand new 2013 models on TV or on the lot, think about how far we’ve come together. Think about how – thanks to the hard work and can-do spirit of the American people – more of those cars and trucks are being manufactured by American workers at American companies in communities all across the country. And they’re going to save you more money at the pump. That’s what America is all about. When we get knocked down, we get back up. We come back stronger. And as long as I’m President, that’s what we’ll keep doing.
[What I'm not telling you: These new CAFE standards will be a benefit if the regime-forced 175% increase in fuel prices at-the-pump continue beyond my upcoming 'retirement!' To achieve these standards, the American auto companes are being forced to make more-and-more parts out of plastic; out of lighter, weaker materials. This fuel saving will come at the expense of current passenger safety standards.
A portion of the announced Government Motors' plan to hire 1,500 workers for a new research facility in MIchigan, comes at the expense of a closing Government Motors facility in tiny, little Honeoye Falls (honey-OIE), N.Y. Until their notification, the 220-250 employees at said facility did fuel-cell development and experimentation. This action by Government Motors will be a huge, albeit temporary, set-back for the village.
Those referenced bi-partisan trade agreements I signed.... just how effective; just how profitable will they be? Have you ever seen the roads in most of South Korea?!? In most places, two donkey-carts can't pass side-by-side; how the hell will ONE AMERICAN CAR navigate said cart-paths?!?
I did make one correct statement in this entire blather opportunity:
"When we get knocked down, we get back up."
More correctly stated:
"When the regime knocks down the middle-class, they get back up with a vengence at the polls!"]
Wednesday, April 25, 2012
This'n'That; April Twenty-Fifth #2; GM Pulls The Plug!
If Only THAT Were True!!
Nope!! The "Clown Prince" DID NOT order Government Motors to pull the plug on the non-selling, non-fireproof, non-electrically efficient Chevy Volt. Instead he ordered his car company to stop funding that evil Heartland Institute.
Actually I shall endeavor to be far more honest than "Clown Prince ZERO-bama, the Narcissist" HAS EVER BEEN. This push to discredit The Heartland Institute originated at the George Soros-funded MoveOn.org, to the MoveOn-created 'Citizens Engagement Lab,' to 350.org. These last two entities collaborated to create 'Forecast the Facts' as a 'front-group' to discredit said institute.
The Heartland Institute published a reply to the 'Forecast the Facts' clowns (my words, not the Institute's!), from whence I quote:
The campaign actually started on February 14, 2012, when Peter Gleick, president of the Pacific Institute and a leading climate scientist, sent to liberal activists and sympathetic journalists several documents he stole from The Heartland Institute, along with a fake memo he claimed was also from Heartland.
The phony memo was picked up by several publications--some liberal, some not--and published as 'fact.' Some finally wised up and exposed the whole scam for what it is:
The fake memo, titled "January 2012 Confidential Memo: 2012 Heartland Climate Strategy," is a mixture of text copied-and-pasted from the stolen documents and original commentary by the forger. By distorting and misrepresenting the plans set forth in the stolen documents, the fake memo paints a false and disturbing picture of Heartland's motives and tactics.
One of the international pamphleteers who woke up to the truth:
James Delingpole, a columnist for the London Telegraph, dubbed the episode "Fakegate." The title has stuck, and now Heartland has a web site at www.fakegate.org that reports the latest developments in the Peter Gleick global warming scandal.
In conclusion, there's no reason for George Soros--through owe-bama--to force Government Motors to defund The Heartland Institute other than:
George Soros fears a loss of personal power and control through a probable "Clown Prince" defeat, and
George Soros is making many, many all-out efforts at propping up the owe-bama voter base--that portion NOT suckling at the government tit--of which this is but one!
To read the entire Heartland Institute 'reply' to the 'Forecast the Facts' clowns, check here:
http://fakegate.org/the-heartland-institute-replies-to-forecast-the-facts/#more-530
'Splain to me again why YOU elected this Arschloch!?!
Til Nex'Time....
Nope!! The "Clown Prince" DID NOT order Government Motors to pull the plug on the non-selling, non-fireproof, non-electrically efficient Chevy Volt. Instead he ordered his car company to stop funding that evil Heartland Institute.
Actually I shall endeavor to be far more honest than "Clown Prince ZERO-bama, the Narcissist" HAS EVER BEEN. This push to discredit The Heartland Institute originated at the George Soros-funded MoveOn.org, to the MoveOn-created 'Citizens Engagement Lab,' to 350.org. These last two entities collaborated to create 'Forecast the Facts' as a 'front-group' to discredit said institute.
The Heartland Institute published a reply to the 'Forecast the Facts' clowns (my words, not the Institute's!), from whence I quote:
The campaign actually started on February 14, 2012, when Peter Gleick, president of the Pacific Institute and a leading climate scientist, sent to liberal activists and sympathetic journalists several documents he stole from The Heartland Institute, along with a fake memo he claimed was also from Heartland.
The phony memo was picked up by several publications--some liberal, some not--and published as 'fact.' Some finally wised up and exposed the whole scam for what it is:
The fake memo, titled "January 2012 Confidential Memo: 2012 Heartland Climate Strategy," is a mixture of text copied-and-pasted from the stolen documents and original commentary by the forger. By distorting and misrepresenting the plans set forth in the stolen documents, the fake memo paints a false and disturbing picture of Heartland's motives and tactics.
One of the international pamphleteers who woke up to the truth:
James Delingpole, a columnist for the London Telegraph, dubbed the episode "Fakegate." The title has stuck, and now Heartland has a web site at www.fakegate.org that reports the latest developments in the Peter Gleick global warming scandal.
In conclusion, there's no reason for George Soros--through owe-bama--to force Government Motors to defund The Heartland Institute other than:
George Soros fears a loss of personal power and control through a probable "Clown Prince" defeat, and
George Soros is making many, many all-out efforts at propping up the owe-bama voter base--that portion NOT suckling at the government tit--of which this is but one!
To read the entire Heartland Institute 'reply' to the 'Forecast the Facts' clowns, check here:
http://fakegate.org/the-heartland-institute-replies-to-forecast-the-facts/#more-530
'Splain to me again why YOU elected this Arschloch!?!
Til Nex'Time....
Tuesday, March 13, 2012
This'n'That; March Ninth #2; MORE Unremarkable Remarks
The "Condemning Conservatives" Tour; Stop #2
Campaigning on "The Taxpayers' Dime"
"Clown Prince" blather from Petersburg, Va
Now, back then, in 2008, we were talking about how working Americans were already having a tough go of it. Folks were working harder and longer for less. It was getting tougher to afford health care or to send your kids to college. The economy was already shedding jobs, and in less than a decade, nearly one in three manufacturing jobs had vanished. Then the bottom fell out of the economy, and things got that much tougher. We were losing 700,000 to 800,000 jobs a month. The economy was hemorrhaging. And three and a half years later, we’re still recovering from the worst economic crisis in our lifetimes. And we’ve got a lot of work to do before everybody who wants a good job can find one, before middle-class folks regain that sense of security that had been slipping away even before the recession hit, and before towns like Petersburg get fully back on their feet. But here’s the good news: Over the past two years, our businesses have added nearly 4 million new jobs. We just found out that last month in February we added 233,000 private sector jobs. More companies are bringing jobs back and investing in America. And manufacturing is adding jobs for the first time since the 1990s. We just had another good month last month in terms of adding manufacturing jobs. And this facility is part of the evidence of what’s going on all across the country. This company is about to hire more than 200 new workers -- 140 of them right here in Petersburg, Virginia. So the economy is getting stronger. And when I come to places like this, and I see the work that’s being done, it gives me confidence there are better days ahead. I know it because I would bet on American workers and American know-how any day of the week.
When I was immaculated in January 2009, the U-3 (socially acceptable) unemployment rate 7.8% which I--over the course of 10 short months--I and my regime managed to pushe the rate up to 10.1%!! Over the same period of time the U-6 (TRUE) unemployment rate ran from 14.2% at the immaculation to--in October--17.2%. By comparison, that evil George Bush's U-6 rate ranged from 7.3% to 13.5%.... Hell-a-va difference, huh?!?
Now here's where the cleaver--fuzzy--math comes in: each month the regime checks the 'labor participation rate' prior to tweaking the unemployment numbers. The 'labor participation rate' is a cleaver 'fascist' way of tweaking all the relative numbers to finally come up with a U-3 (socially acceptable) unemployment rate. When folks just stop looking for work--whether they're drawing unemployment benefits or not--we eliminate them from the 'labor participation rate' thus we can artificially lower the U-3 rate, most recently to 8.3%. Realistically, the rate to be considered--to get the complete picture of the lack-of-jobs--is the U-6 rate. Now, isn't that cleaver?!?!?
By comparison, that evil "Ronaldus-Magnus," President Ronald Reagan had the record for longest span of high unemployment until I beat him!! Finally.... I beat someone at something!! I now hold the record for:
Unemployment rate over 8%--32 months, and
Unemployment rate over 9%--27 months, and
Average number of weeks unemployed--40.5!!
We--and by we I mean others in the regime--can blather on all we want about the number of new jobs added. It's just more servings of the same bullshit I've been feeding you through a most compliant corps of national pamphleteers since the immaculation. We--and by we, I mean others in the regime--usually just pull numbers out of 'the clear, blue sky' and feed them to you.
The key now -- our job now is to keep this economic engine churning. We can’t go back to the same policies that got us into this mess. We can’t go back to an economy that was weakened by outsourcing and bad debt and phony financial profits. We’ve got to have an economy that’s built to last. And that starts with American manufacturing. It starts with you. For generations of Americans, manufacturing has been the ticket into the middle class. Every day, millions clocked in at foundries and on assembly lines, making things. And the stuff we made -- steel and cars and jet engines -- that was the stuff that made America what it is. It was understood around the world. The work was hard, but the jobs were good. They paid enough to own a home, and raise kids and send them to college, gave you enough to retire on with dignity and respect. They were jobs that told us something more important than how much we were worth; they told us what we were worth. They told us that we were building more than just products. They told us we were building communities and neighborhoods, we were building a country. It gave people pride about what America was about. And that’s why one of the first decisions I made as President was to stand by manufacturing, to stand by the American auto industry when it was on the brink of collapse. The heartbeat of American manufacturing was at stake -- and so were more than a million jobs. And today, the American auto industry is coming back, and GM is number one in the world again, and Ford is investing billions in American plants and factories. And together, over the past two and a half years, the entire auto industry has added more than 200,000 jobs.
And here’s the thing. They’re not just building cars again, they’re building better cars. For the first time in three decades, we raised fuel standards in this country, so that by the middle of the next decade the cars that are built in America will average nearly 55 miles to the gallon. That will save the typical family about $8,000 at the pump over time. That’s real savings. That's real money.
Here I go again.... actually, 'still!' I continually beat you over the head with the 'Government Motors' bailout as if it were a good thing. Well, maybe the basic concept of the industry bailout was good, but the owe-bama regime so bastardized that 'GM' thingie, it was unrecognizable by the time we finally paid off the unions (with 37% of the company), campaign supporters and election donors, the discerning public was able to figure out that it was a complete sham!!
"....they're building better cars...." Quality was not optional at the time of the GM and Chrysler bailouts, or even with Ford--which refused bailout funds, even though the regime tried to force them as we did with the banks. Ford's "quality numbers" were good, but both GM and Chrysler's had to come up or even more socio-fascist bailouts couldn't save them!!
"....the entire auto industry added more than 200,000 jobs...." They sure did, one of the very few truisms you'll ever hear from me. What I'm not saying, though is that the vast majority of jobs were created by those 'foreign' monikers that manufacture in the United States, with American labor!!
Raising the CAFE standards has nothing to do with saving the American consumer money at the retail pumps; it has everything to do with control of every aspect of American life! You'll note that I rarely say much about the pump price of gasoline and diesel fuel. Gasoline prices at the 'immaculation rate' would save the consumer considerably more money with unchanged CAFE standards. I have no desire to see it drop; rather, I'd like to see it keep increasing, albeit at a much slower pace!! An 'owe-bamaFact:' The national average gas price has gone up 105% since my immaculation, diesel has gone up 95% since said immaculation.And it shows that depending on foreign oil doesn’t have to be our future. It shows that when we harness our own ingenuity, our technology, then we control our future. See, America thrives when we build things better than the rest of the world. I want us to make stuff here and sell it over there. I don't want stuff made over there and selling it over here. And that’s exactly what you’re doing here at the largest Rolls-Royce facility in the world. That’s what you’re doing by building the key components of newer, faster, more fuel-efficient jet engines. But a few weeks ago.... I went to Boeing, in Washington State, and I checked out a new Dreamliner. I even got to sit in the cockpit, which was pretty sweet. I didn’t press any buttons there, though because if it had started going it would have been a problem. So this plane, the Dreamliner, is going to keep America at the cutting edge of aerospace technology. American workers are manufacturing various components for it in Ohio, and Oklahoma, and South Carolina, and Kansas, and right here in Petersburg. In fact, the demand for their planes was so high last year that Boeing had to hire 13,000 workers all across America just to keep up. And Boeing is gaining more and more share all the time. So think about that. Rolls-Royce is choosing to invest in America. You’re creating jobs here, manufacturing components for jet engines, for planes that we’re going to send all around the world. And that’s the kind of business cycle we want to see. Not buying stuff that’s made someplace else and racking up debt, but by inventing things and building things and selling them all around the world stamped with three proud words: “Made in America.” Think about how important this is. I mean, imagine if the plane of the future was being built someplace else. Imagine if we had given up on the auto industry. Imagine if we had settled for a lesser future. But we didn’t. We’re Americans. We are inventors. We are builders. We’re Thomas Edison and we’re the Wright Brothers and we are Steven Jobs. That’s who we are. That’s what we do. We invent stuff, we build it. And pretty soon, the entire world adapts it. That’s who we are. And as long as I’m President, we’re going to keep on doing it. We’re going to make sure the next generation of life-changing products are invented and manufactured here in the United States of America. I--as well as others in the regime--continue to piss-n-moan about 'sending' jobs overseas, when the real truth is that the U.S. Tax Code, the EPA regulations, the OSHA regulations as well as the rest of the red-tape bullshit are 'DRIVING' businesses out of the country!! If you lived in Manhattan and could do your job in--say--Springfield, Missouri, wouldn't you move?!? Missouri's tax rates are far less than New York State's; the cost-of-living is far lower in Springfield than Manhattan; Springfield is on a major trucking freight lane, while Manhattan is not!! Truckers HATE to go into the five-boroughs that make up New York City.
See how I bally-hoo about visiting the Boeing Complex in Everett, Washington. I'm the same guy whose NLRB gave Boeing so much 'heartburn' about building a manufacturing facility in Charleston, South Carolina, lying about moving jobs from Everett to Charleston!! This was little more than favoring one of my largest blocks of support, the union membership over private industry!!So that’s why we launched an all-hands-on-deck effort. We brought together the brightest academic minds, the boldest business leaders, the most dedicated public servants from our science and our technology agencies all with one big goal: a renaissance in American manufacturing. We called it the Advanced Manufacturing Partnership. The Advanced Manufacturing Partnership. And today, we’re building on it. I’m laying out my plans for a new National Network of Manufacturing Innovation –- and these are going to be institutes of manufacturing excellence where some of our most advanced engineering schools and our most innovative manufacturers collaborate on new ideas, new technology, new methods, new processes. And if this sounds familiar, that’s because what you’re about to do right here at Crosspointe. Later this summer, the Commonwealth Center for Advanced Manufacturing will open its doors. And it’s a partnership between manufacturers, including this one, UVA, Virginia Tech, Virginia State University. VSU is a little overrepresented here, obviously the Commonwealth and the federal government. So think of this as a place where companies can share access to cutting-edge capabilities. At the same time, students and workers are picking up new skills, they’re training on state-of-the-art equipment; they’re solving some of the most important challenges facing our manufacturers.
You just got all this brain power and skill and experience coming together in this hub, and that makes the whole greater than the sum of its parts. It allows everybody to learn from each other and figure out how we’re going to do things even better. It’s going to help get that next great idea from a paper or a computer to the lab, to the factory, to the global marketplace. And that’s especially important for the one in three Americans in manufacturing who work for a small business that doesn’t always have access to resources like these. Obviously, big companies -- the Boeings, the Intels, the Rolls Royces -- they’ve got the resources, the capital, to be able to create these platforms. But some of the small to medium-sized businesses, it’s a little bit harder. So this gives them access and allows them to take part in this new renaissance of American inventiveness. And we’ve got to build these institutes all across the country -- all across the country. I don’t want it just here at Crosspointe, I want it everywhere. To do that, we need Congress to act. Hmm. It’s true. But that doesn’t mean we have to hold our breath. We’re not going to wait -- we’re going to go ahead on our own. Later this year, we’re going to choose the winner of a competition for a pilot institute for manufacturing innovation -- help them get started. With that pilot in place, we’ll keep on pushing Congress to do the right thing because this is the kind of approach that can succeed, but we’ve got to have this all across the country. I want everybody thinking about how are we making the best products; how are we harnessing the new ideas and making sure they’re located here in the United States. And sparking this network of innovation across the country – it will create jobs and it will keep America in the manufacturing game. Of course, there’s more we can do to seize this moment of opportunity to create new jobs and manufacturing here in America. We’ve got to do everything we can to encourage more companies to make the decision to invest in America and bring jobs back from overseas. And we’re starting to see companies do that. They’re starting to realize this is the place with the best workers, the best ideas, the best universities. This is the place to be. We've got to give them a little more encouragement. Right now, companies get tax breaks for moving jobs and profits overseas. Companies that choose to invest in America, they get hit with one of the highest tax rates in the world. Does that make any sense? It makes no sense. Everybody knows it. So it's time to stop rewarding businesses that ship jobs overseas; reward companies that create good jobs right here in the United States of America. That's how our tax code can work. That's how our tax code should work.
And let’s make sure all our workers have the skills that companies like this one are looking for -- because we've got to have folks engaged in lifelong learning. The days when you started out at 20 at one company and you just kept on doing the same thing for 40 years -- that's not going to happen anymore. So even if -- as I was meeting some of the folks here, they had been in the industry, they'd been machinists, they'd been in manufacturing for years. But they're constantly upgrading their skills and retraining. And some of them had been laid off and had gone back to school before they came to this company. And so we've got to make sure those opportunities for people mid-career and onward, that they can constantly go back to a community college and retool so that they can make sure they're qualified for the jobs of tomorrow. At a time when so many Americans are looking for work, no job opening should go unfilled just because people didn’t have an opportunity to get the training they needed. And that’s why I've asked Congress, join me in a national commitment to train 2 million Americans with the skills that will lead directly to a job -- right now. We need to create more partnerships like the one this plant has with John Tyler Community College. We should give more community colleges the resources they need. I want them to be community career centers -- places that teach people skills that companies are looking for right now, from data management to the kind of high-tech manufacturing that's being done at this facility. So day by day, we’re restoring this economy from crisis. But we can’t stop there. We've got to make this economy ready for tomorrow. Day by day, we’re creating new jobs, but we can’t stop there -- not until everybody who’s out there pounding the pavement, sending out their résumés has a chance to land one of those jobs.
See where I'm going, here?!? I fully intend to be--hopefully, with the exception of the 'FDR Depression'--as remembered as President Franklin Roosevelt. To that end, I've developed and initiated nearly as many 'alphabet agencies' as FDR did. The whole idea here is to grow the federal bureaucracy as quickly and as large as is possible given the distinct probability that I'll rule for only four years. With the proliferation of owe-bama 'alphabet agencies' there will be more and more control, more and more wealth re-distribution with fewer and fewer individual rights!! No one can doubt that I favor a college education for every graduating high school senior. What few understand is.... in most cases college is not necessary, in more-than-just-a-few cases, college is not the best choice for particular graduates. As Justin Case is fond of saying:
"More college graduates hire plumbers than plumbers who hire college graduates!"
Every day we’re producing more oil and gas than we have in years, but we can’t stop there. I want our businesses to lead the world in clean energy, too. We’ve got the best colleges and universities in the world, but we can’t stop there. I want to make sure more of our students can afford to go to those colleges and universities. Everybody knows we’ve got the best workers on Earth, but we can't stop there. We’ve got to make sure the middle class doesn’t just survive these times, we want them to thrive. We want them to dream big dreams and to feel confident about the future. I did not run for this office just to get back to where we were. I ran for this office to get us to where we need to be. And I promise you we will get there. Some of these challenges may take a year; some may take one term; some may take a decade -- but we're going to get there. Because when we work together, we know what we’re capable of. We’ve got the tools, we've got the know-how, we've got the toughness to overcome any obstacle. And when we come together and combine our creativity and our optimism and our willingness to work hard, and if we're harnessing our brainpower and our manpower, our horsepower, I promise you we will thrive again. We will get to where we need to go. And we will leave behind an economy that is built to last. We will make this another American century.
This on-going "oil-and-gas" kerfuffle nothing more than the socio-fascists whining-and-bitching about all the damage done to the environment, the ecology, the atmosphere. Hell, even the dumbest hill-billy in the country can understand that humans do not have the power to destroy any one or all of the aforementioned sectors of life on earth. The earth was 'engineered'--by some superior being--to be self-sustaining. Let's take the Gulf Oil Spill precipitated by the Deepwater Horizon as an example. At my behest, the national pamphleteer 'corpse' invested millions-of-dollars and thousands-of-hours in helicopter flights over the oil spill zones looking for the scum that accumulates on the water's surface. After the initial sightings, they became fewer and fewer. The regime kept the reason as quiet as possible for as long as possible, but it finally came to light. There's a type of algae that thrives on crude oil!! Who'da thunk it?!? There went our best defense for curtailing any drilling permits, deep water, shallow water or on land!!
The regime continues to prove--with each subsequent multi-million dollar gift--'green energy' in their current states, are unsustainable.
We give 'em money; they file for bankruptcy!!
'Green energy' within the auto industry is equally unsustainable. The Chevy Volt is selling so well that GM temporarily curtailed production for 6-8 weeks. Not only does the car not sell with a $7,500 federal bribe; the bribe will be increased to $10,000-maybe that will boost sales. Why buy a car with a range of 25-35 miles on electric motors when--with an additional 10-grand--you could be driving a Chevrolet Corvette!! We socio-fascists fully intend to drag America--kicking and screaming--back into the 'horse-and-buggy' era, albeit in style. What I mean by that is: Once the stratospheric fuel prices preclude buying vehicles with internal combustion engines--and with Volt-type vehicles--a day's travel will be taken back to that of farmers and their buggies.
My regime will continue to press socio-fascism as the American 'norm!' We used it during the recent presidential election with the New Black Panthers' Voter Intimidation Unit as well as the SEIU's "Purple People Beaters."
Campaigning on "The Taxpayers' Dime"
"Clown Prince" blather from Petersburg, Va
Now, back then, in 2008, we were talking about how working Americans were already having a tough go of it. Folks were working harder and longer for less. It was getting tougher to afford health care or to send your kids to college. The economy was already shedding jobs, and in less than a decade, nearly one in three manufacturing jobs had vanished. Then the bottom fell out of the economy, and things got that much tougher. We were losing 700,000 to 800,000 jobs a month. The economy was hemorrhaging. And three and a half years later, we’re still recovering from the worst economic crisis in our lifetimes. And we’ve got a lot of work to do before everybody who wants a good job can find one, before middle-class folks regain that sense of security that had been slipping away even before the recession hit, and before towns like Petersburg get fully back on their feet. But here’s the good news: Over the past two years, our businesses have added nearly 4 million new jobs. We just found out that last month in February we added 233,000 private sector jobs. More companies are bringing jobs back and investing in America. And manufacturing is adding jobs for the first time since the 1990s. We just had another good month last month in terms of adding manufacturing jobs. And this facility is part of the evidence of what’s going on all across the country. This company is about to hire more than 200 new workers -- 140 of them right here in Petersburg, Virginia. So the economy is getting stronger. And when I come to places like this, and I see the work that’s being done, it gives me confidence there are better days ahead. I know it because I would bet on American workers and American know-how any day of the week.
When I was immaculated in January 2009, the U-3 (socially acceptable) unemployment rate 7.8% which I--over the course of 10 short months--I and my regime managed to pushe the rate up to 10.1%!! Over the same period of time the U-6 (TRUE) unemployment rate ran from 14.2% at the immaculation to--in October--17.2%. By comparison, that evil George Bush's U-6 rate ranged from 7.3% to 13.5%.... Hell-a-va difference, huh?!?
Now here's where the cleaver--fuzzy--math comes in: each month the regime checks the 'labor participation rate' prior to tweaking the unemployment numbers. The 'labor participation rate' is a cleaver 'fascist' way of tweaking all the relative numbers to finally come up with a U-3 (socially acceptable) unemployment rate. When folks just stop looking for work--whether they're drawing unemployment benefits or not--we eliminate them from the 'labor participation rate' thus we can artificially lower the U-3 rate, most recently to 8.3%. Realistically, the rate to be considered--to get the complete picture of the lack-of-jobs--is the U-6 rate. Now, isn't that cleaver?!?!?
By comparison, that evil "Ronaldus-Magnus," President Ronald Reagan had the record for longest span of high unemployment until I beat him!! Finally.... I beat someone at something!! I now hold the record for:
Unemployment rate over 8%--32 months, and
Unemployment rate over 9%--27 months, and
Average number of weeks unemployed--40.5!!
We--and by we I mean others in the regime--can blather on all we want about the number of new jobs added. It's just more servings of the same bullshit I've been feeding you through a most compliant corps of national pamphleteers since the immaculation. We--and by we, I mean others in the regime--usually just pull numbers out of 'the clear, blue sky' and feed them to you.
The key now -- our job now is to keep this economic engine churning. We can’t go back to the same policies that got us into this mess. We can’t go back to an economy that was weakened by outsourcing and bad debt and phony financial profits. We’ve got to have an economy that’s built to last. And that starts with American manufacturing. It starts with you. For generations of Americans, manufacturing has been the ticket into the middle class. Every day, millions clocked in at foundries and on assembly lines, making things. And the stuff we made -- steel and cars and jet engines -- that was the stuff that made America what it is. It was understood around the world. The work was hard, but the jobs were good. They paid enough to own a home, and raise kids and send them to college, gave you enough to retire on with dignity and respect. They were jobs that told us something more important than how much we were worth; they told us what we were worth. They told us that we were building more than just products. They told us we were building communities and neighborhoods, we were building a country. It gave people pride about what America was about. And that’s why one of the first decisions I made as President was to stand by manufacturing, to stand by the American auto industry when it was on the brink of collapse. The heartbeat of American manufacturing was at stake -- and so were more than a million jobs. And today, the American auto industry is coming back, and GM is number one in the world again, and Ford is investing billions in American plants and factories. And together, over the past two and a half years, the entire auto industry has added more than 200,000 jobs.
And here’s the thing. They’re not just building cars again, they’re building better cars. For the first time in three decades, we raised fuel standards in this country, so that by the middle of the next decade the cars that are built in America will average nearly 55 miles to the gallon. That will save the typical family about $8,000 at the pump over time. That’s real savings. That's real money.
Here I go again.... actually, 'still!' I continually beat you over the head with the 'Government Motors' bailout as if it were a good thing. Well, maybe the basic concept of the industry bailout was good, but the owe-bama regime so bastardized that 'GM' thingie, it was unrecognizable by the time we finally paid off the unions (with 37% of the company), campaign supporters and election donors, the discerning public was able to figure out that it was a complete sham!!
"....they're building better cars...." Quality was not optional at the time of the GM and Chrysler bailouts, or even with Ford--which refused bailout funds, even though the regime tried to force them as we did with the banks. Ford's "quality numbers" were good, but both GM and Chrysler's had to come up or even more socio-fascist bailouts couldn't save them!!
"....the entire auto industry added more than 200,000 jobs...." They sure did, one of the very few truisms you'll ever hear from me. What I'm not saying, though is that the vast majority of jobs were created by those 'foreign' monikers that manufacture in the United States, with American labor!!
Raising the CAFE standards has nothing to do with saving the American consumer money at the retail pumps; it has everything to do with control of every aspect of American life! You'll note that I rarely say much about the pump price of gasoline and diesel fuel. Gasoline prices at the 'immaculation rate' would save the consumer considerably more money with unchanged CAFE standards. I have no desire to see it drop; rather, I'd like to see it keep increasing, albeit at a much slower pace!! An 'owe-bamaFact:' The national average gas price has gone up 105% since my immaculation, diesel has gone up 95% since said immaculation.And it shows that depending on foreign oil doesn’t have to be our future. It shows that when we harness our own ingenuity, our technology, then we control our future. See, America thrives when we build things better than the rest of the world. I want us to make stuff here and sell it over there. I don't want stuff made over there and selling it over here. And that’s exactly what you’re doing here at the largest Rolls-Royce facility in the world. That’s what you’re doing by building the key components of newer, faster, more fuel-efficient jet engines. But a few weeks ago.... I went to Boeing, in Washington State, and I checked out a new Dreamliner. I even got to sit in the cockpit, which was pretty sweet. I didn’t press any buttons there, though because if it had started going it would have been a problem. So this plane, the Dreamliner, is going to keep America at the cutting edge of aerospace technology. American workers are manufacturing various components for it in Ohio, and Oklahoma, and South Carolina, and Kansas, and right here in Petersburg. In fact, the demand for their planes was so high last year that Boeing had to hire 13,000 workers all across America just to keep up. And Boeing is gaining more and more share all the time. So think about that. Rolls-Royce is choosing to invest in America. You’re creating jobs here, manufacturing components for jet engines, for planes that we’re going to send all around the world. And that’s the kind of business cycle we want to see. Not buying stuff that’s made someplace else and racking up debt, but by inventing things and building things and selling them all around the world stamped with three proud words: “Made in America.” Think about how important this is. I mean, imagine if the plane of the future was being built someplace else. Imagine if we had given up on the auto industry. Imagine if we had settled for a lesser future. But we didn’t. We’re Americans. We are inventors. We are builders. We’re Thomas Edison and we’re the Wright Brothers and we are Steven Jobs. That’s who we are. That’s what we do. We invent stuff, we build it. And pretty soon, the entire world adapts it. That’s who we are. And as long as I’m President, we’re going to keep on doing it. We’re going to make sure the next generation of life-changing products are invented and manufactured here in the United States of America. I--as well as others in the regime--continue to piss-n-moan about 'sending' jobs overseas, when the real truth is that the U.S. Tax Code, the EPA regulations, the OSHA regulations as well as the rest of the red-tape bullshit are 'DRIVING' businesses out of the country!! If you lived in Manhattan and could do your job in--say--Springfield, Missouri, wouldn't you move?!? Missouri's tax rates are far less than New York State's; the cost-of-living is far lower in Springfield than Manhattan; Springfield is on a major trucking freight lane, while Manhattan is not!! Truckers HATE to go into the five-boroughs that make up New York City.
See how I bally-hoo about visiting the Boeing Complex in Everett, Washington. I'm the same guy whose NLRB gave Boeing so much 'heartburn' about building a manufacturing facility in Charleston, South Carolina, lying about moving jobs from Everett to Charleston!! This was little more than favoring one of my largest blocks of support, the union membership over private industry!!So that’s why we launched an all-hands-on-deck effort. We brought together the brightest academic minds, the boldest business leaders, the most dedicated public servants from our science and our technology agencies all with one big goal: a renaissance in American manufacturing. We called it the Advanced Manufacturing Partnership. The Advanced Manufacturing Partnership. And today, we’re building on it. I’m laying out my plans for a new National Network of Manufacturing Innovation –- and these are going to be institutes of manufacturing excellence where some of our most advanced engineering schools and our most innovative manufacturers collaborate on new ideas, new technology, new methods, new processes. And if this sounds familiar, that’s because what you’re about to do right here at Crosspointe. Later this summer, the Commonwealth Center for Advanced Manufacturing will open its doors. And it’s a partnership between manufacturers, including this one, UVA, Virginia Tech, Virginia State University. VSU is a little overrepresented here, obviously the Commonwealth and the federal government. So think of this as a place where companies can share access to cutting-edge capabilities. At the same time, students and workers are picking up new skills, they’re training on state-of-the-art equipment; they’re solving some of the most important challenges facing our manufacturers.
You just got all this brain power and skill and experience coming together in this hub, and that makes the whole greater than the sum of its parts. It allows everybody to learn from each other and figure out how we’re going to do things even better. It’s going to help get that next great idea from a paper or a computer to the lab, to the factory, to the global marketplace. And that’s especially important for the one in three Americans in manufacturing who work for a small business that doesn’t always have access to resources like these. Obviously, big companies -- the Boeings, the Intels, the Rolls Royces -- they’ve got the resources, the capital, to be able to create these platforms. But some of the small to medium-sized businesses, it’s a little bit harder. So this gives them access and allows them to take part in this new renaissance of American inventiveness. And we’ve got to build these institutes all across the country -- all across the country. I don’t want it just here at Crosspointe, I want it everywhere. To do that, we need Congress to act. Hmm. It’s true. But that doesn’t mean we have to hold our breath. We’re not going to wait -- we’re going to go ahead on our own. Later this year, we’re going to choose the winner of a competition for a pilot institute for manufacturing innovation -- help them get started. With that pilot in place, we’ll keep on pushing Congress to do the right thing because this is the kind of approach that can succeed, but we’ve got to have this all across the country. I want everybody thinking about how are we making the best products; how are we harnessing the new ideas and making sure they’re located here in the United States. And sparking this network of innovation across the country – it will create jobs and it will keep America in the manufacturing game. Of course, there’s more we can do to seize this moment of opportunity to create new jobs and manufacturing here in America. We’ve got to do everything we can to encourage more companies to make the decision to invest in America and bring jobs back from overseas. And we’re starting to see companies do that. They’re starting to realize this is the place with the best workers, the best ideas, the best universities. This is the place to be. We've got to give them a little more encouragement. Right now, companies get tax breaks for moving jobs and profits overseas. Companies that choose to invest in America, they get hit with one of the highest tax rates in the world. Does that make any sense? It makes no sense. Everybody knows it. So it's time to stop rewarding businesses that ship jobs overseas; reward companies that create good jobs right here in the United States of America. That's how our tax code can work. That's how our tax code should work.
And let’s make sure all our workers have the skills that companies like this one are looking for -- because we've got to have folks engaged in lifelong learning. The days when you started out at 20 at one company and you just kept on doing the same thing for 40 years -- that's not going to happen anymore. So even if -- as I was meeting some of the folks here, they had been in the industry, they'd been machinists, they'd been in manufacturing for years. But they're constantly upgrading their skills and retraining. And some of them had been laid off and had gone back to school before they came to this company. And so we've got to make sure those opportunities for people mid-career and onward, that they can constantly go back to a community college and retool so that they can make sure they're qualified for the jobs of tomorrow. At a time when so many Americans are looking for work, no job opening should go unfilled just because people didn’t have an opportunity to get the training they needed. And that’s why I've asked Congress, join me in a national commitment to train 2 million Americans with the skills that will lead directly to a job -- right now. We need to create more partnerships like the one this plant has with John Tyler Community College. We should give more community colleges the resources they need. I want them to be community career centers -- places that teach people skills that companies are looking for right now, from data management to the kind of high-tech manufacturing that's being done at this facility. So day by day, we’re restoring this economy from crisis. But we can’t stop there. We've got to make this economy ready for tomorrow. Day by day, we’re creating new jobs, but we can’t stop there -- not until everybody who’s out there pounding the pavement, sending out their résumés has a chance to land one of those jobs.
See where I'm going, here?!? I fully intend to be--hopefully, with the exception of the 'FDR Depression'--as remembered as President Franklin Roosevelt. To that end, I've developed and initiated nearly as many 'alphabet agencies' as FDR did. The whole idea here is to grow the federal bureaucracy as quickly and as large as is possible given the distinct probability that I'll rule for only four years. With the proliferation of owe-bama 'alphabet agencies' there will be more and more control, more and more wealth re-distribution with fewer and fewer individual rights!! No one can doubt that I favor a college education for every graduating high school senior. What few understand is.... in most cases college is not necessary, in more-than-just-a-few cases, college is not the best choice for particular graduates. As Justin Case is fond of saying:
"More college graduates hire plumbers than plumbers who hire college graduates!"
Every day we’re producing more oil and gas than we have in years, but we can’t stop there. I want our businesses to lead the world in clean energy, too. We’ve got the best colleges and universities in the world, but we can’t stop there. I want to make sure more of our students can afford to go to those colleges and universities. Everybody knows we’ve got the best workers on Earth, but we can't stop there. We’ve got to make sure the middle class doesn’t just survive these times, we want them to thrive. We want them to dream big dreams and to feel confident about the future. I did not run for this office just to get back to where we were. I ran for this office to get us to where we need to be. And I promise you we will get there. Some of these challenges may take a year; some may take one term; some may take a decade -- but we're going to get there. Because when we work together, we know what we’re capable of. We’ve got the tools, we've got the know-how, we've got the toughness to overcome any obstacle. And when we come together and combine our creativity and our optimism and our willingness to work hard, and if we're harnessing our brainpower and our manpower, our horsepower, I promise you we will thrive again. We will get to where we need to go. And we will leave behind an economy that is built to last. We will make this another American century.
This on-going "oil-and-gas" kerfuffle nothing more than the socio-fascists whining-and-bitching about all the damage done to the environment, the ecology, the atmosphere. Hell, even the dumbest hill-billy in the country can understand that humans do not have the power to destroy any one or all of the aforementioned sectors of life on earth. The earth was 'engineered'--by some superior being--to be self-sustaining. Let's take the Gulf Oil Spill precipitated by the Deepwater Horizon as an example. At my behest, the national pamphleteer 'corpse' invested millions-of-dollars and thousands-of-hours in helicopter flights over the oil spill zones looking for the scum that accumulates on the water's surface. After the initial sightings, they became fewer and fewer. The regime kept the reason as quiet as possible for as long as possible, but it finally came to light. There's a type of algae that thrives on crude oil!! Who'da thunk it?!? There went our best defense for curtailing any drilling permits, deep water, shallow water or on land!!
The regime continues to prove--with each subsequent multi-million dollar gift--'green energy' in their current states, are unsustainable.
We give 'em money; they file for bankruptcy!!
'Green energy' within the auto industry is equally unsustainable. The Chevy Volt is selling so well that GM temporarily curtailed production for 6-8 weeks. Not only does the car not sell with a $7,500 federal bribe; the bribe will be increased to $10,000-maybe that will boost sales. Why buy a car with a range of 25-35 miles on electric motors when--with an additional 10-grand--you could be driving a Chevrolet Corvette!! We socio-fascists fully intend to drag America--kicking and screaming--back into the 'horse-and-buggy' era, albeit in style. What I mean by that is: Once the stratospheric fuel prices preclude buying vehicles with internal combustion engines--and with Volt-type vehicles--a day's travel will be taken back to that of farmers and their buggies.
My regime will continue to press socio-fascism as the American 'norm!' We used it during the recent presidential election with the New Black Panthers' Voter Intimidation Unit as well as the SEIU's "Purple People Beaters."
Monday, November 7, 2011
This'n'That; November Seventh #1; Thugs To Get More?!?
Auto 'VEBA' Bailout?!?
[VEBA-Voluntary Employee Beneficiary Association; A form of trust fund permitted under U.S. tax law for the sole purpose of providing employee benefits.]
Remember back when "Clown Prince ZERO-bama, the Narcissist" determined--surely with George Soros' help--that General Motors was too big to fail and would be converted to 'Government Motors' with a federal bailout?!? Some of the terms of that PORKulus deal were:
Now, the unions' difficulty in funding the current and retired auto workers' pension funds seems to be leading them back to the owe-bama 'treasure chest!' The unions are looking to modify their PORKulus bailout agreement to suck even more money out of the taxpayer!
Never before have I considered myself an anarchist! I'm certainly leaning in that direction, given the absolutely--if not unlawful,--unethical actions of practically every politician in the District of Corruption. The males and females that are sworn to serve yours and my interests and to support and defend OUR Constitution, are failing miserably!!
Vote all the bastards, OUT!!
Til Nex'Time....
[VEBA-Voluntary Employee Beneficiary Association; A form of trust fund permitted under U.S. tax law for the sole purpose of providing employee benefits.]
Remember back when "Clown Prince ZERO-bama, the Narcissist" determined--surely with George Soros' help--that General Motors was too big to fail and would be converted to 'Government Motors' with a federal bailout?!? Some of the terms of that PORKulus deal were:
Screw the private-sector GM bondholders with a buyback of mere cents on the dollar;
Screw additional GM suppliers, dealers and other private investors in favor of paying off the auto unions for their campaign and election support;
A re-issue of 'Government Motors' stock with the socio-fascists awarding the auto unions 17% of the new stock to additionally benefit the auto unions' retirement funds.
Now, the unions' difficulty in funding the current and retired auto workers' pension funds seems to be leading them back to the owe-bama 'treasure chest!' The unions are looking to modify their PORKulus bailout agreement to suck even more money out of the taxpayer!
Never before have I considered myself an anarchist! I'm certainly leaning in that direction, given the absolutely--if not unlawful,--unethical actions of practically every politician in the District of Corruption. The males and females that are sworn to serve yours and my interests and to support and defend OUR Constitution, are failing miserably!!
Vote all the bastards, OUT!!
Til Nex'Time....
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