Wednesday, November 19, 2008

The Big Three will be in your pocket soon....

while the lame duck session of Congress airs the woes of the Big Three, while at the same time, hiding the true causes.... as sure as 'The One' will be 'da Pres, they'll get into your billfold. From The Thinker:

Expect an early Obama bailout of the Big Three
By C. Edmund Wright

The chances of any meaningful bailout of the Big Three U.S. auto makers are shrinking rapidly in this lame duck session of Congress. With George Bush in the White House and somewhat slimmer Democrat majorities on the Hill, the very fatty pound of flesh the unions want is not possible now. This week's Congressional shenanigans are just chumming the waters and to allow the networks to have all Thanksgiving and Christmas to run "woe is me" stories about the wonderful hard working union families facing economic extinction after the holidays.

That will set the stage for what is sure to be the first big battle of Obamunism. And it is a hugely important battle for the future of business in this country. Forget this little distraction about Hillary and the Secretary of State job. If the Obamunists (my name for the hard core leftists who support Obama and on certain days, Obama himself) can get everything they want regarding the auto industry and widespread forced unionization via the misnamed Employee Free Choice Act that would abolish the secret ballot in unionization elections, this country will be plunged into Euro-socialism faster than Hillary and Bill could have dreamed with their ill-fated "Hillary Care" in 1993.

It's the leftist tri-fecta. Nationalization of industry, explosive union membership growth and job-killing green initiatives in one fell swoop.

And this is what the Obamunists really want. Why else would Obama install Governor Jennifer Granholm and former congressman David Bonior, both of Michigan, on his economic team? These are two key architects of the worst economy in the nation, and they are now in positions of power and influence for Obamanomics. This is not what Mark Cuban had in mind when he issued his suggestions this week via the Huffington Post.

Michigan has been in recession for a number of years, and was running a 9% unemployment rate while the rest of the nation was around 5% or less. This is a state that has elected pro-green and pro-labor liberal upon liberal for years, and they can't seem to figure out "why George Bush has ruined their economy." It never dawns on them that gasoline costs run amok due to
environmental laws, not to mention unsustainable union compensation, might have anything to do with it.






You don't have to be a rocket scientist to see the problem! Nor need you be a Mensa to see the solution..... Chapter 11 re-organization and restructuring for all three companies. Reworked union contracts, realistic pays and benefits..... But you can bet it ain't gonna happen. This second $25,000,000,000 Billion will just go for operating costs (wages and retirement pay) and then they'll be back.......... How sick is all this?

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