econarchy

Well then, that makes it easy.

Don’t survive.

You, and your Union employees, do not deserve one more dime of taxpayer money. Your cars are crap and your workers are overpaid extortion artists.

Good riddance to GM.

Too bad the liberals will never, ever let GM fail. They rely too heavily on Union support to let that happen. So the liberals will bail them out with taxpayer money to buy the Union vote. Don’t believe me? Just wait. They are probably already pulling out the checkbook.

You can read more about the disaster that is GM, but I wouldn’t if I were you. It will only make you mad.

Wow! Thank goodness that the messiah and his cadre of liberal politicians swooped and rescued us from certain financial disaster! The “stimulus” bill has been signed into law.

There is only one problem - you may fool the majority of Americans because, well, let’s face it - there are a lot of stupid Americans. But you cannot fool the Markets, and the Markets know that this stimulus is nothing but BS Government Spending and European-style Socialism wrapped up in a pretty wrapper called “Economic Stimulus.” It isn’t a stimulus for anything other than the liberal agenda to replace the free markets with more government.

It reminds me of the Simpsons episode where Lisa becomes President and wants to pass a tax increase, but her advisers  caution her that they need to call it something else so that the Americans support it. So they decide to call it a “temporary income adjustment” and everyone loves the idea. Even 10 years ago the writers of the Simpsons understood that if you take a piece of crap and call it something nice, Americans will support it. That is what we have with the “economic stimulus” bill. This bill was probably written 30 years ago when Carter  was President and this is the first chance the Liberals have had to actually pass the thing. It is garbage. It is Socialism. It won’t help the economy (by the liberals own admission) and we will be paying for it for years.

Face it - Liberals need a bad economy. It supports their agenda of forcing more people to be dependent on the government. And the higher the unemployment and the worse the economy, the more people become dependent on liberal programs. So bad economy = good news for Obama and the liberals. You probably wouldn’t like to work for a company that pays the CEO based on how poorly the company performs, but that is exactly what we have with the liberals that are running our country. The worse it gets, the better for them.

Sucks, doesn’t it?

The White House is officially “dampening” the stimulus expectations. Despite campaigning on the promise of change, and millions of new jobs, and free gas, and no more war, and an end to all foreclosures, etc etc….. , Obama is now taking it all back and saying he basically has no @#$%ing clue what is going on or how to fix it. Which is probably exactly what we should expect from someone with 2 years of actual work experience and a Cabinet of tree-hugging, Prius-driving, ivory-tower liberal goons.

But helping all the lazy peoples of this country feels good, and that is what matters, right? I mean, isn’t the government’s job to just, like, help people and stuff?

However, the realities of Economics never stopped Obama from making a bunch of crazy promises. As it turns out, all of his campaign promises were all a load of crap. Granted, those of us in this country with, you know, jobs and intelligence and logic and stuff, already had this figured out. But for all the white-guilt crowd, the lazy-unemployed crowd, the “green”-crowd, and the others - Whoops! Looks like your Messiah can’t fix all your problems after all! Whooda thunk it?!

WASHINGTON (Reuters)- President Barack Obama’s aides warned Americans on Sunday not to expect instant miracles from the $787 billion economic stimulus bill he will sign this week, but said it would help eventually.

White House spokesman Robert Gibbs used similar language on CBS’ “Face the Nation.”

“I don’t think there’s any doubt that we’ve seen this economy has gotten worse just in the last few months. The acceleration in job loss probably means that this economy is going to get worse before it gets better,” he said.

Obama himself said last week that if he failed to heal the economy, he would be out of a job by 2012, when he faces re-election.

At least you got that last part right, Obama!

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If you have Sirius and/or XM, you will know what I am talking about. Sirius is struggling, and I know why. Here are the problems they need to fix:

- You have talkative DJs. Why on earth do you pay people to talk on satellite radio?! Trust me when I say that NOBODY pays $12 a month to listen to your DJ’s talk.

- The DJs you have are idiots. Here is how you save money - just play music!!! If we wanted to listen to stupid DJs talk about BS we would listen to free FM radio. Just play music and fire your talent. You can have one dude making $12 an hour sit and watch the computers playing music on 100 channels.

- Integrate XM and Sirius already. Why aren’t the channels aligned? The stations I listen to on XM in my car are on different channels than Sirius at my house. You could have aligned the channels in 10 minutes. What is the problem?

- Pay your “talent” based on ratings. Poll listeners to see how many are actually listening to Stern, Opie and Anthony, etc and pay them accordingly. Stern isn’t bringing in enough money to cover his costs, and that is a fact.

- Did I mention your annoying DJs? Why the @#$% did Sirius and XM think that we want to listen to the same annoying DJ prattle that we get inundated with on FM radio!? Fire the #$*@ing DJs on your music channels already. How Sirius figures that people want to listen to annoying DJs on their music channels is beyond me.

- Quit changing the programming every 4 days. Get Sirius and XM receivers on the same channels, with the same programming, and then leave it that way. Change it once a year or so if necessary, but stop the constant changing. Having to reprogram all of my radios 5 times a month is getting very old.

- Fire the DJs on the music channels. They suck. Big time.

Sirius CEO, Mel Karmazin

If you don’t get your act together, you are going to be out of business. In 5 years every single car on the road will have an iPod adapter and (gasp) maybe even mobile broadband which connects to FREE internet radio. You better fix your stupid problems and fast. Oh, and tell your CEO to start putting on some sun block and scale down the visits to the tanning salon to once a day, maximum.

Cars that nobody wants, unsustainable labor costs…. Detroit is doomed and it is downright foolish for the taxpayers to keep it alive. Today we heard that the Unions are talking with GM again after closing down discussions over the weekend. The Unions are a joke. The very fact that we let any group collude to fix wages is absolute insanity, but we do. The US auto companies have had no choice but to cave to the extortion tactics of the Unions for the past 50 years, and they have been suffering ever since. Nobody in their right mind would suggest that the US auto makers are on par with the Imports, and the Unions are largely the reason why. Bailing them out now is just a band aid on a severed artery. Without finding workers that are willing to work for the actual value of unskilled labor, say $10 an hour, the US auto makers have no chance. They also need to invest heavily in automation - something the Unions have prevented for decades.

Unions are the kryptonite to productivity and efficiency, and that is a FACT. Nothing would make me happier than to see Detroit and all it’s Unions flushed down the crapper. Illiterate, uneducated auto workers earning $100k+ per year….. sickening.

So why let Detroit fail, but bail out the banks? The reason is simple - we don’t need American cars, but we need the American banking system. Banks keep EVERY buisiness afloat. They keep the entire economy afloat. Banks need bailed out and, as much as I hate to admit it, banks should probably be Nationalized. Or at the very least, much more seriously regulated.

Even fastidious Conservatives like me understand that certain things need to be managed by the Government. Things like the Military, police, fire departments and yes, Banks, are probably best managed as a public good.

However, unlike all those other public goods I mentioned, we need competition in the banking industry. Therefore the answer is probably much more highly-controlled Government oversight. We all agree that banks cannot act without any rules, because when they do we see people acting only for their own best interests and that is what got us here to begin with. Since we all rely on the banks for the very fundamental stability of the government we need to be able to have confidence in them. And they cannot act with such a high level of risk as they did over the last decade.

So let Detroit fall straight into the pot, but save the banks. But save them with a whole lot of strings attached. No more 25 yr old MBAs with 3 months of work experience sitting on Wall Street earning $2 Million a year to take stupid bets. Regulate the banks and flip off Detroit.