Need to Vent

Obama motors (once GM or Chrysler) will provide $7,500 to buy a car, that is more than most people pay in taxes (83.4% pay less taxes), but not a Ford. Is Ford not a car? Let's see. No government investment -no government control - no union ownership - it looks like a car, but it lacks some parts - those that require a subsidy to keep it running. How can it run otherwise? I just don't understand and my name is Obama and I am all for Unions. More Union ownership - and I'll lead the way. I will have no hand in operations, but I will choose the CEO, tell you where to advertise, tell you what to make, require gas milage standards, but other than that - well there may be a few more things - but managers you just go out there and manage the Company.

Oh yes, and more jobs in the U.S.; Chevy - move those parts manufactured in China to the U.S. UAW wants that. What Givafinger says is - if it's going to be sold here it's got to be built here. Cost more - not to worry - Okay, my friend in the White House will just subsidize more. We are going to make America's Obama car company as efficient (and made in the USA) as Amtrak which the government has been running since - can't remember, but it has been a long, long time. Losses - oh yes it loses money, but there are members of congress that like stops made in their districts. We can justify those loses - or a least vote to cover them.

George F. Will (columnist) calls the GM bailout a jobs program for the UAW. Good point!

Investors with secured bonds deserve less than the unsecured creditors. Can't you see they haven't made the same sacrifices as UAW? What? Is accepting less than 30 cents on a dollar not a sacrifice. But they will say yes to the sacrifce and not complain. Why? Because they also have TARP to cover them and if they want any they have to play the Obama-game.

A Good economy - Recovery on Track per Obama's latest teleprompter readings - on its way to recovery. Our goal was 8% unemployment. We are at 9.4%. His tea leaf is a lot different than most peoples. Or his telepromter readings were written over a month ago hoping that by now we would be at 8%. This is from a man that can't understand why the cost of our Government's borrowings are increasing. Dah!

Is Washington really serious when it talks about fiscal responsibility?

Phew! I feel better. November 2010 can't come soon enough.