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Bailing Out Detroit

It looks like Congress is not buying into the tough love that Mitt Romney prescribed for the Auto Big Three in yesterday’s New York Times.
For once it is not Republicans handing out bailouts.
The Republicans in the Senate are actually asking for the auto makers to be given a loan from the Energy Department Loan Program of $25 Billion which when it is paid back will go back into the Energy Fund.
This was originally meant to assist them to re-tool for more energy efficient cars. It never happened. Dirty Harry (Reid) is not willing to go along with allowing a vote, in the Senate,
on this, by the way.

The Democrats in the House want a new loan for Detroit, which will probably come without any reorganizing strings.
The guys in the Management offices will stay in place. They will keep their corporate jets, the ones in which they flew to Washington D.C. to ask for help.
Picture this; a homeless man begging from out of the window of his Cadillac Escalade. He’s asking for a handout but he comes in a Cadillac.
What’s wrong with this picture? During the hearing someone should have looked at suit labels.
How many were off the rack from Wal-Mart, K-Mart or Sears and how many had fancy unpronounceable European designer labels?
The absolute requirement for any kind of monetary help to the Big Three should be a re-0negotiating of all Union contracts and a complete sweep of all management.
They need to look elsewhere for jobs, right now.

But that is not going to happen. The Unions will be just as powerful and the remuneration packages, which keep American Cars at a disadvantage, will remain in place.
Are we, the people, allowed to make book on the possibility of this happening again in two years; I would offer great odds, because it is going to happen again.
 We are not bailing out the auto industry and America’s Pride; we are bailing out the Unions. With every layoff, dues disappear.
The Union Bosses simply cannot afford to loose jobs. The Unions will get their way.
 It is extremely difficult to find a single Democrat in Congress who is where he is without the help of some union. Payback is a pain!

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Bailing Out The Big Three

It looks like Congress is not buying into the tough love that Mitt Romney prescribed for the Auto Big Three in yesterday’s New York Times. For once it is not Republicans handing out bailouts. The Republicans in the Senate are actually asking for the auto makers to be given a loan from the Energy Department Loan Program of $25 Billion which when it is paid back will go back into the Energy Fund. This was originally meant to assist them to re-tool for more energy efficient cars. It never happened. Dirty Harry (Reid) is not willing to go along with allowing a vote, in the Senate, on this, by the way.

The Democrats in the House want a new loan for Detroit, which will probably come without any reorganizing strings. The guys in the Management offices will stay in place. They will keep their corporate jets, the ones in which they flew to Washington D.C. to ask for help. Picture this; a homeless man begging from out of the window of his Cadillac Escalade. He’s asking for a handout but he comes in a Cadillac. What’s wrong with this picture? During the hearing someone should have looked at suit labels. How many were off the rack from Wal-Mart, K-Mart or Sears and how many had fancy unpronounceable European designer labels? The absolute requirement for any kind of monetary help to the Big Three should be a re-0negotiating of all Union contracts and a complete sweep of all management. They need to look elsewhere for jobs, right now.

But that is not going to happen. The Unions will be just as powerful and the remuneration packages, which keep American Cars at a disadvantage, will remain in place. Are we, the people, allowed to make book on the possibility of this happening again in two years; I would offer great odds, because it is going to happen again. We are not bailing out the auto industry and America’s Pride; we are bailing out the Unions. With every layoff, dues disappear. The Union Bosses simply cannot afford to loose jobs. The Unions will get their way. It is extremely difficult to find a single Democrat in Congress who is where he is without the help of some union. Payback is a pain!

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Hope We Can, Hope We Can, Hope We Can.....

As an American in awe of our system of government, I count myself honored and especially chosen to have been a part of the electoral process this time around. America, once again, established herself as a beacon on a hill. A light for others to follow so as not to be to be crushed on the rocks that frequently sink a government of the people, for the people and by the people.

I got an e-mail from someone in India, which was sent to a Yahoo Group, wherein she quoted Rabindranath Tagore who preached against a separate electorate for India’s lower castes. This lady was imploring Indians to aspire to the same high level of equality espoused and practiced by America. In two and a half months The United States of America will have man leading the country who couldn’t have eaten or drunk from the same counter as white Americans. This comes a mere forty-five years after the civil rights act was signed into law. The thought gives me goose bumps.

Our President Elect, while I share none of his ideology and will be vehemently against most of his policies, will be in my prayers. He will have a very difficult task in January when he takes office. He can deliver none of his social promises because the country is too poor right now and will be for sometime into the future. If he tries raising taxes the Republicans on the Hill will filibuster. I feel sorry for the people who elected him because there was this euphoric feeling that seconds after he lowers his right hand, their problems would disappear. I feel sorry for the youngsters who voted for him because they wanted the prices of cable TV, DVDs, movies, cars and pop-corn at the movies to come down. They actually expect him to do that. How about the lady who is expecting her problems to disappear as soon as he is sworn in? How is she going to feel after a year or two when she has the same problems? Finally, how about Move-On.Org and George Soros are they going to want pay back for getting him elected?

The next two years promise to be as entertaining as the entire Presidential Campaign. I can’t wait!

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