May each of you have the heart to conceive, the understanding to direct, and the hand to execute works that will leave the world a little better for your having been here. -- Ronald Reagan

Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts

Saturday, February 13, 2010

Cars, Appliances and Cell Phones

What happens when the government buys car companies? For one, they are in competition, and in this case our government has borrowed taxpayer money (on credit since we don't have the money) to buy GM (aka 'government motors') and Chrysler, and they're losing money. The fix? Something only the power of government can do, destroy its very successful competitor with the heavy hand of its power.

Toyota is doing a recall. There are defects, the government claims, with the gas pedal of many Toyota models. The defects are unproven, and can't be replicated, yet the government has ordered Toyota to recall, involving about 56% of all Toyota and Lexus models, costing the company about $2.5 billion a month. Toyota is claiming the recall is voluntary, but Transportation Secretary Ray LaHood says Obama ordered it? Toyota has shut down its U.S. plants and stopped selling eight of its models, making this the largest recall in history. Watch for sharks (aka lawyers) to start their feeding frenzy soon.

Toyota is non-union, GM and Chrysler union. Unions were and are the biggest contributors to Obama. Toyota beats the pants off GM and Chrysler in sales. The alleged "defect" is known as SUA – sudden unintended acceleration. GM and Chrysler have had complaints about SUA and there were no recalls of their cars. The gas pedal in question is supplied by The American Company (CTS of Elkhart, Ind.), and they also supply Honda, Ford, GM and Chrysler. So only the pedals supplied to Toyota have a problem and the ones supplied to GM and Chrysler work okay? Just askin'.

Breaking news. The Obama administration released yesterday (Friday) that there's going to be a 'cash for clunkers' style program for appliances. Take your old appliance in and get an "Energy Star" product and get a government rebate. This will cost another $300 million that we don't have. Some connections. NBC and MSNBC are huge campaigners, contributors, and supporters of the Obama administration. They even had 'green' broadcasts with lowered lighting and pro-global warming propaganda recently. NBC is owned by GE, which is one of the most popular appliance manufacturers. They are also major investors and manufacturers of windmills and solar panels, getting huge huge huge government subsidies doing so. Think their appliance sales may be spiking here shortly? Just askin'.

Finally, the people that objected to the 'Patriot Act', and listening to overseas conversations with terrorists, will by executive order, have their cell phone monitored, yet are strangely silent. The Obama administration wants to track each and every citizen's cell phone, arguing that warrantless tracking is permitted because Americans enjoy no "reasonable expectation of privacy". "U.S. Department of Justice lawyers say that "a customer's Fourth Amendment rights are not violated when the phone company reveals to the government its own records" that show where a mobile device placed and received calls." Quotes from CNET, full article here. Can you imagine the outcry of the Dems and Jurassic Press if the Bush administration had said that by executive order that citizens have no expectation of privacy and they can be tracked by the government? Just askin'.

Originally posted on The Windrose Hotel

Tuesday, April 28, 2009

From the Back Lot

GE/NBC threw all their resources behind getting Obama elected. They have been the most aggressive with their 'green' program. Including that stupid embarrassing Sunday night football show they did without lights or something. Everyone but Oberman must have been hugely embarrassed. So what's up with a news (hack hack cough cough) station/program doing something like this so blatantly? GE stock has dropped from fifty something bucks a share when Immelt took over to about fourteen dollars a share now. He still has a job. It all has to do with the green of being green. GE is lobbying to get bailout money. GE is pushing for cap and trade. Think your utility bills are high now? Wait until the government charges the utility companies whatever they want to meet cap and trade requirements. This carbon tax will be passed on to you. Can you say triple bill? GE also has huge investments in windmill technology and the manufacture of them. GE is using its support of Obama and the Dems through the use of NBC/MSNBC news to influence politics to get gigantic government contracts. Immelt does that successfully, he saves GE and NBC, and as corrupt and despicable as it is....

The other back lot story is the US Government, under the direction of our Dear Leader, is buying common stock in major corporations. The government is set to control 51 percent of GM, and along with the unions', read government, ownership, majority ownership belongs to the government. The new Chrysler deal gives the unions', read government, control of 55 percent ownership, through common stock. The government is buying common stock here too, but I'm unclear how much.

Do you think this just happened accidentally? Obama is a socialist, is following Saul Alinsky's Rules for Radicals, and his purpose is to take over business and nationalize it all.

Anyone want to show me in the Constitution where it says the government can use taxpayer money to buy businesses and run them? WTF???? How much more of our money and liberty need to be stolen by the government, I don't care which party, before the American people wake up? Good Grief.