November 2008
33 posts
GM, Ford Executives Say No To $1 Salary In...
squashed:
southpol:
Auto Industry Execs (the ones on the private jets) say:
WASHINGTON -(Dow Jones)- The chief executives of General Motors Corp. (GM) and Ford Motor Co. (F) said Wednesday they wouldn’t accept a $1 salary in exchange for government aid to their imperiled companies, as the head of the former Chrysler Corp. did a generation ago.
“I’m willing to do what I’ve been doing,”...
Forwards
It titillates me when I see that I have new messages in my gmail account. Everyday I open it up and get excited to read what others have sent. However, there a couple of things that really piss me off about my email account.
1. Getting forwards from people that feel like they are obligated to forward them to you, because it says something like “Jesus would want everyone to hear about...
Obama is an addict!!
There is a problem with our president to be, and most of you are probably not aware of it. Barack Obama has a deep and dark secret that he doesn’t want anyone to know, and I am hoping that you will not think differently of him because of it. We all know that Obama at one point puffed a little ganja, but did you know that he currently has an addiction that people say is worse than Heroin? ...
Detroit
jeffmiller:
Given I choice, I’d rather the Government buy something than just give money away.
Instead of giving the automakers $50 billion, suppose the Government were to simply place orders for 1.5 million hybrid vehicles at $35,000 each. The Government could replace every car it owns and then some, Detroit would have a huge order to make profits on, and the action would have a significant...
Destroying Value
jeffmiller:
This is rather fascinating:
Over the past decade, the capital destruction by GM has been breathtaking, on a greater scale than documented by Mr. Jensen for the 1980s. GM has invested $310 billion in its business between 1998 and 2007. The total depreciation of GM’s physical plant during this period was $128 billion, meaning that a net $182 billion of society’s capital has been pumped...
Big 3 Bailout and PORK
Does anyone have an idea of how much this will actually cost? There is a lot of talk of needing Republican support for this to happen. Which, in my opinion means there will be some additional money (pork) added to this potential 50 Billion dollar transaction. Republicans and special interest groups are going to want something in return for voting on this bill. One of the biggest things that...
What Would Happen . . .
jeffmiller:
What would happen if we don’t bailout the auto industry? Would we stop making cars in America? Would three million jobs disappear?
If we choose not to bailout the auto industry, I would expect one of these two things will likely happen:
1. The auto companies declare bankruptcy, just like a ton of other companies have. During the bankruptcy, they renegotiate their obligations,...
Viagra and GM
With all the recent talks about GM and the other big wigs needed to be bailed out, I found a interesting read. Viagra is covered for employees of GM, which cost the employer 17 million dollars a year! Each pill has a ticket price of $17.00, a deal if you need to get a hard on I reckon. This is even more reason as to why I am not in favor of a bail out. They have mismanaged their business,...
Cool Chart of What Presidents Have Done in Their... →
(via jeffmiller)
This is pretty awesome! Check it out!
Wait for it....
squashed:
Tim Mctee has made a list of “Obama’s Mistakes.” While I support efforts to hold a President accountable, I wish people would ask themselves, “Am I actually concerned about something or am I just a partisan hack?” I have no doubt that Obama will make some mistakes as President—but it’s a little early to start ennumerating them. He hasn’t had time to make any world-shaking decisions one...
Counting Obamas Mistakes
It seems like every person in the country has a tally of all the negative things President Bush has done during his administration. Too long in Iraq, out of control spending, awful public speaker, etc. The list goes on and on like a bad chick flick. Well now that Senator Obama has been elected into office, and will begin the first of the year, I’m going to keep a running tally on his...
President Elect Obama
This is an historic time in American history, and I am proud to say that I am a part of it! I do not agree with Senator Obama on most of the stuff he has been talking about for the past 2 years, but I am still proud to be an American. Dr. Martin Luther King had a dream, that we would all be equal, and I believe that this is a step in the right direction. Congrats Mr. Obama, I will be praying...
Obama's Nevada campaign director just died →
ithinkiblog:
frangry:
OK, this is getting strange… (via spiegelman)
definitely getting strange
SO HE IS KILLING EVERYONE? WTF?
Grandma Obama
Well, I am very sorry that Obamas Grandmother has passed away. However, let me say what many are thinking are probably won’t say. HOW FRICKEN CONVINIENT! 1 day before the election she kicks the bucket. Something just doesn’t sound ethical or sound about this story. Could have just happened, but politicians do outrageous things at times when they want power! Just a thought! I...
Mannequin Orgy
ithinkiblog:
A burglar Attempts 3-Way (not the phone thing) with Mannequins in a German department store.
click the image or here for the story
