…And Barack Obama Decides The US Government Is Going Into the Auto Warranty Business…
Not sure what other signs we need that Obama is pursuing a national-socialist economy, but his latest hare-brained scheme is to get the US Government in the auto-warranty business… I guess Barack Obama can add another title to his portfolio, Car Czar ABC One, the president will announce a new government-backed warranty program for all [...]
Barack Obama Gives New Meaning To The Term ‘Bungler’…
Awesome article detailing Obama’s major bungles since becoming President. Of course the dismissal of Rick Wagoner, GM CEO, despite claiming that Nation Socialism is not his economic policy adds yet another bungle to this list . Charleston Daily Mail So many errors by President Obama, so little time. Maybe he should take a little time off. [...]
GM To Invest $1 Billion from Bailout fund in Brazil…
I have nothing against Brazil or Brazilians, but why are funds which were meant to keep US companies afloat short term being used to invest long term in the economy of another nation? Yeah I am for free trade, and lower production costs, but this is insanity. Latin America Herald Tribune General Motors plans to [...]
George Bush- “Auto industry bailout is not imminent…”
Thankfully, it seems Dubya has finally figured out that bailing out the Auto industry is like taking a large sum of money and throwing it in a bottomless pit. The essesnce of the free enterprise system is that profitable companies survive and excel, less profitable ones fail and go out of business. Detroit has chosen [...]
Yikes… UAW Contract has 2,215 Pages…
Any wonder why Detroit is so far behind when it comes to profit? I’ll tell you this much, those 2,215 pages don’t include much regarding efficiency and competitiveness. What you’ll find are hundreds of rules, regulations, and letters of understanding that have hamstrung the auto companies for years. Laborpains.org Posted by PUMA Pundit
