Got Your Ammo?

What the hell happened? GM is now owned by the US government, Canadian government, the UAW and the poor suckers who held onto GM'S debt. So Chrysler filed for bankruptcy and alerted their dealers by a dear fuck you letter. GM is in the process of reorganizing and the USG having an over 50 percent ownership in the company is well very scary. You see government takes over work like this. They take over, say they won't get involved, and won't make decisions; they always do. Hitler did the same thing in the 30's and we got the Volkswagen. Not a bad car now but Americans have been about individuality and I'm not sure another round of Henry Ford's 1st Assembly line models would work.

President Obama said these workers must sacrifice their lives for the future. A country such as ours, that ask our youngest and poorest to sacrifice their lives elsewhere, must also sacrifice their economic well being for the future.?

Sounds a little sketchy to me.

Who is this American Dream for then?



On the other hand, the private sector says they don't want government involved in business. Well guess what. Ya fucked up. You got too greedy, got on your knees in front of congress and opened your mouth; so deal with the after taste.


An example of the soullessness of some folks is Madoff. Took 50 billion dollars from people and still smiles and walk around as if he did nothing. Must be a great feeling to have no guilt.


China, please don't call in your debt! Everyone acts as if China is a loan shark and they'll call in their loan and we'll lose the house. Well, they lose everything too. It's a relationship that's built like a bridge and either side, lender or borrower would be stupid enough to try to tear it down.

Dick Cheney, where the hell did you come from. Oh, thanks for yesterday stating there was no connection between Hussein and Al Quada. You know alot of people thought that, a couple million as I recall in the streets. But hey, what do we know. Just the stupid masses.

Who Runs the Republican Party? I'm not sure they know either.

George Bush and Bill Clinton in Canada. Blah

If you got your gun, but no ammo, better get some before it gets removed from the shelves.

SONIA SOTOMAYER. Not wise to make a blatant racist comment. I agree with Rush Limbaugh on that, that's how wrong I think her comment was made. I also disagree with her notion policy is made on the court.

The New Leader of North Korea, well soon leader, is 25 and his mother is Japanese.

That will be interesting times.

Pakistan is taking care of their extremism problem; 8 fucking years later.

We need to get Bin Laden, I'm starting to think he's not real like Max Headroom from the 80's Coke Commercial. I was somewhat of a Cokeologist in my day too.

Israel is not cooperating, but I see US pulling away from them. There's alot going on and these are some troubling times.

Whole towns will be shutting down. Stripper Applications will be up. Alcoholism up. It'll be a drunk unemployed whorry USA for a while.

We either get up out of this economic downturn or we fall apart. Theres the only two options left.


So remember, if you haven't pick up some ammo.

GM, Chrysler and UAW

Chrysler is a privately owned corporation which Cerberus Capital Management owns over 80% of the firm and surprisingly, they also own 51% of GMAC Financing. The company itself has over 24 billion dollars in assets, yet will let Chrysler fall in order to get funding from the government to back it. It's amazing how large companies can get money from the government for simply being inefficient.

From Cerberus Chairman, John Snow,

Prepared Remarks of John W. Snow Chairman, Cerberus Capital Management Before
the National Press Club
July 18, 2007I want to thank Jerry Zremski, the
National Press Club president, for that very kind introduction.
When I was
last here back in 2004 in a former capacity, I talked about the incredible
resilience of our economy, the way it recovers and grows, and how it was such a
marvel of innovation. Well, much has happened since, but those fundamental
truths have prevailed.
Then, it was about using good tax policy to increase
investment, get the economy moving again, and thereby creating lots of good
jobs. Now, back in private life, I’m still excited to be talking about restoring
innovation and dynamism in our economy. And still, the key is the role of
investment. But now I have an insider’s view on what I believe is the best hope
for restoring our industrial base in this country: the growing role of private
investment in our economy.
I want to share with you today my thoughts about
this growing role, and in particular, about the return of Chrysler to American
ownership, brought about by private investment. I believe this has a lot to say
about how America can regain its competitive edge, and keep lots of good high
paying jobs here in this country. We’re also bringing a fresh face and a new
perspective to the auto industry—an industry that, truth be told, has lost some
of its standing and credibility here in the nation’s capital. So I’ll be sharing
some frank talk from a newcomer’s viewpoint.

So just last year they were talking about PRIVATE INVESTMENT, yet now they want PUBLIC MONEY. I say NO THANKS.

GM, who last year made a net income of -38.732 billion is asking for money as well. Let me get this straight, companies that can't manage to make a profit, are getting more money to repeat the same steps and come ask for money again? Doesn't make sense to me.

The UAW, who's unionized employees make on average $32.16 an hour plus $15 an hour in terms of benefits and the such including legacy retirement cost the company's $74.00 per hour per employee and the ironic thing is they have lost substantial ground and dug graves for many of the company's they unionized. The Great lie is that only 10 percent of expenses for unionized companies. Very not true based on info EVERYWHERE.

Fun Fact. Employees at Non-Union automobile plants make $45.00 an hour and their company's are not failing. Imagine that.

Protecting a worker is not done by bankrupting the company.

Obeying, Ducking and Sharing

It seems like to me, that the media hasn't done their usual criticism of an incoming president and are still la la la Obama.

He even made up a magical office and nothing?

No jumping the gun(he wouldn't literally), nothing at all.

Just going along with it.

I understand the love affair academia has with him.

Of course they do.

Every thing seems great in theory, but application is another story.

There is some reports that a member of his transition team, an old rep from Michigan, David Bonior, who is a known Socialist(DSA to be exact), and preaches the idea of a North American Union, will be chosen as Labor Secretary.

That's not the only scary part. Obama bailed out of Congress a day before they were meeting with Detroit Execs.

What else will he bail out(pun intended)?

Standing up at the time would have shown people he cared. He already won the election, why not do your job that for the last two years you have neglected, with your constituents getting the short end of the stick.


I say , Yes, I voted for Obama and my vote wasn't free. The cost will be extreme criticism.

I'll be very critical of every move he makes and lately he has been making any good ones.

from The DSA Website:

Democratic Socialists believe that both the economy and society should be run
democratically—to meet public needs, not to make profits for a few. To achieve a
more just society, many structures of our government and economy must be
radically transformed through greater economic and social democracy so that
ordinary Americans can participate in the many decisions that affect our lives.

Our next Secretary of Labor Agrees.

Where The GOP went SOL

The White House is gone. Congress has been gone for two years. Traditional Red States have gone Blue.

Republican's Gilded Age was the Reagan Years. Small Government, low taxes and less government interference in the life of the citizens. All I hear lately is about Reagan. As if the party is stuck in this 1980's mind frame and unable to accept the fact that the country as a whole has moved more liberal in ideology and concern to social welfare.

Big Government. It happened. I don't think Bush wanted it to happen, but Sept. 11 did change the game. The creation of the Department of Homeland Security was a necessity.

No Child Left Behind was not. Not only was it government involvement wholly on the local level, it went against the major tenure of State's Rights and accountability measured with respect to those on the local level. From the GOP Website:

Education is a parental right, a state and local responsibility, and a national strategic interest.

So to have the Fed's tell the local level how to run their schools is mind boggling.

Although the Constitution assigns the federal government no role in local education, Washington’s authority over the nation’s schools has increased dramatically. In less than a decade, annual federal funding has shot up 41 percent to almost $25 billion, while the regulatory burden on state and local governments has risen by about 6.7 million hours – and added $141 million in costs – during that time. We call for a review of Department of Education programs and administration to identify and eliminate ineffective programs, to respect the role of states, and to better meet state needs.

Exactly. The Constitution assigns no role for the federal government in local education. Enough said on that.


The GOP is the Party of Pro-Life. So how can you have individuals representing the Republican Party who are Pro-Choice? You can't. Again you lose Credibility.
From the GOP Website:

Faithful to the first guarantee of the Declaration of Independence, we assert the inherent dignity and sanctity of all human life and affirm that the unborn child has a fundamental individual right to life which cannot be infringed. We support a human life amendment to the Constitution, and we endorse legislation to make clear that the Fourteenth Amendment’s protections apply to unborn children. We oppose using public revenues to promote or perform abortion and will not fund organizations which advocate it. We support the appointment of judges who respect traditional family values and the sanctity and dignity of innocent human life.

Yet again, we find a party that doesn't hold up its own ideals.

It is written in their Platform, yet not followed in its Politics.

Immigration. What a mess. You say you want it to end, but lets not forget Reagan gave Amnesty to millions of illegals in the 1980's. That can not be forgotten.

You can't say you want safeguards, then at the same time, people like McCain and others want Amnesty for illegals. Again, going against your platform.
From the GOP Website:

We oppose amnesty. The rule of law suffers if government policies encourage or reward illegal activity. The American people's rejection of en masse legalizations is especially appropriate given the federal government's past failures to enforce the law.

Republican Party, the reason you lost the government is not because the Democratic Party is better, but because their message is in line with their actual platform and has been CONSISTENT.

So take some time off and find yourself. You have 4 years.

This "Change" We hear of.

History was made. Barack Obama was Elected President of the United States. True to the Liberal ideal of Bigger Government, he even made a New office, The Office of The President Elect. Now during the campaign he promised the people that our government will "Change" and "Change" and "Change". I do not want to kill peoples adoration towards him or his socialist ideals( if you didn't know that, you should really research your candidate before you vote), but the only "Change" that happens fast usually ends in a Revolution or Tyranny. It cannot just occur. I have asked alot of people, at work and on the street if I see them with an Obama shirt on," What does Change mean to you?". It's sad when I get an answer that is vague. The usual answer was, "Change means to me that the government will be different."

Another response was( and one I will never forget), "So the government gives me money."

I feel most of those who voted for Obama will be disappointed. The media supported halo will eventually turn and in that, he'll fall from grace. From his own victory speech, with the inclusion of "We may not get there in one year or even one term, but America -- I have never been more hopeful than I am tonight that we will get there. " Sadly, he was running for 2012 in that statement. That upset me. To those that voted for Obama, check out the new site. http://change.gov/


The Agenda Posted on the Site:

The Agenda

President-Elect Obama and Vice President-Elect Biden have developed innovative approaches to challenge the status quo in Washington and to bring about the kind of change America needs.

The Obama Administration has a comprehensive and detailed agenda to carry out its policies. The principal priorities of the Obama Administration include: a plan to revive the economy, to fix our health care, education, and social security systems, to define a clear path to energy independence, to end the war in Iraq responsibly and finish our mission in Afghanistan, and to work with our allies to prevent Iran from developing a nuclear weapon, among many other domestic and foreign policy objectives.

Here's some Quick Suggestions:

Economy- Since Spitzer had all his charges dropped, put him in charge of SEC, after all it was some angry bankers who tipped off government officials which led to his resignation.

Health Care- Have a non-voting government official on the boards of major insurance companies.

Create loan programs for those who have medical bills more than 20,000 dollars to prevent bankruptcy. We did it for Wall Street.

Education- Have uniformity among all schools in the US.

Social Security- Remove the Cap on Payroll Tax. Problem Solved.

Energy- Government involvement in some type of Manhattan Project. Unemployment is 6.5 percent, put them people to work. Also take people who can work, who are on Welfare.


Iraq, Iran, and Afghanistan- Don't screw up. Listen to the Generals. Give them what they need.

All in all, nothing much will Change. Thats what's great about our government. Those Checks and Balances to prevent Change from occuring briskly.

The Change that will happen is we will just be a little farther left than we are right now. Then in 4-8 years, we will be going more towards the Center, then a little farther right.

As if Jefferson Studied Madhyamaka.

5 Days

5 Days until Barack Obama is elected, or 5 days until the Republicans narrowly win election, such as the case in 2000. Though, in some parts of me I am glad we had a Republican President in 2001, when the WTC and Pentagon was attacked. Sometimes it is not good to make friends with people who rather have you destroyed. In the last 8 years, our country has gone down in every world standing. No one likes us. No one likes the richest most powerful nation in the world anyways. We stand alone at a grand juncture, such as Rome did. How Rome fell was excessive spending, which led to debt as a result of military expansionism, which led to great wars and exhausted treasury. Lets also remember, Rome's faulter had to to do with terrorist acts that launched most of these campaigns into the North and East.

It all goes back to David and Golieth. It only takes a stone to take down a giant, and it only takes a plane to take down an empire.

We are going into a Socialist Government that helps the majority of the citizens. The problem I have always had with Socialism, is that, where does it stop? Where does the government stop protecting the citizens from themselves and allow them to faulter? The 700 Billion Dollar Bill was ridiculous. The reason this country got so wealthy, has to do with many things. Our one time isolation, which bred new ideas, and built a new economy, as well as the rest of the world destroying themselves over and over again. The main point that sticks out, is the idea that in America, you can have nothing and make something of yourself. If you are willing to take the RISK, you can be that CEO with a 20 million dollar Bonus. If you take the RISK, you can have your stock double or triple. The problem is if you remove the RISK than, where is the REWARD, it is simply not there. France and other countries with higher levels of government involvement in daily life, are not the #1 country in the world, is because the RISK and REWARD are taking out of the equation. Life becomes simple, and why try to find a way to make a million dollars, when you can sit and get drunk, while being a on 5 week paid vacation.

I am for Obama for President. Though, I hope the method of Checks and Balances doesn't slip us into full blown Government Babysitting.

The problem with Democracy, is it gives the people their own power to put themselves in Tyranny. Sadly, throughout history, the voice to put those in power, lead to those elected taking the voice away.

CapiSocialism

Free Market. Limited Free Market. Not Free Market. We have the Fed Chairman Bernanke and Secretary of the Treasury Paulson asking for 700 billion dollars, and yet the plan was only 3 pages long. Here it is:

Published: September 20, 2008
LEGISLATIVE PROPOSAL FOR TREASURY
AUTHORITY
TO PURCHASE MORTGAGE-RELATED ASSETS
Section 1. Short
Title.
This Act may be cited as ____________________.
Sec. 2. Purchases of
Mortgage-Related Assets.
(a) Authority to Purchase.--The Secretary is
authorized to purchase, and to make and fund commitments to purchase, on such
terms and conditions as determined by the Secretary, mortgage-related assets
from any financial institution having its headquarters in the United
States.
(b) Necessary Actions.--The Secretary is authorized to take such
actions as the Secretary deems necessary to carry out the authorities in this
Act, including, without limitation:
(1) appointing such employees as may be
required to carry out the authorities in this Act and defining their duties;
(2) entering into contracts, including contracts for services authorized by
section 3109 of title 5, United States Code, without regard to any other
provision of law regarding public contracts;
(3) designating financial
institutions as financial agents of the Government, and they shall perform all
such reasonable duties related to this Act as financial agents of the Government
as may be required of them;
(4) establishing vehicles that are authorized,
subject to supervision by the Secretary, to purchase mortgage-related assets and
issue obligations; and
(5) issuing such regulations and other guidance as may
be necessary or appropriate to define terms or carry out the authorities of this
Act.
Sec. 3. Considerations.
In exercising the authorities granted in
this Act, the Secretary shall take into consideration means for--
(1)
providing stability or preventing disruption to the financial markets or banking
system; and
(2) protecting the taxpayer.
Sec. 4. Reports to
Congress.
Within three months of the first exercise of the authority granted
in section 2(a), and semiannually thereafter, the Secretary shall report to the
Committees on the Budget, Financial Services, and Ways and Means of the House of
Representatives and the Committees on the Budget, Finance, and Banking, Housing,
and Urban Affairs of the Senate with respect to the authorities exercised under
this Act and the considerations required by section 3.
Sec. 5. Rights;
Management; Sale of Mortgage-Related Assets.
(a) Exercise of Rights.--The
Secretary may, at any time, exercise any rights received in connection with
mortgage-related assets purchased under this Act.
(b) Management of
Mortgage-Related Assets.--The Secretary shall have authority to manage
mortgage-related assets purchased under this Act, including revenues and
portfolio risks therefrom.
(c) Sale of Mortgage-Related Assets.--The
Secretary may, at any time, upon terms and conditions and at prices determined
by the Secretary, sell, or enter into securities loans, repurchase transactions
or other financial transactions in regard to, any mortgage-related asset
purchased under this Act.
(d) Application of Sunset to Mortgage-Related
Assets.--The authority of the Secretary to hold any mortgage-related asset
purchased under this Act before the termination date in section 9, or to
purchase or fund the purchase of a mortgage-related asset under a commitment
entered into before the termination date in section 9, is not subject to the
provisions of section 9.
Sec. 6. Maximum Amount of Authorized
Purchases.
The Secretary’s authority to purchase mortgage-related assets
under this Act shall be limited to $700,000,000,000 outstanding at any one
time
Sec. 7. Funding.
For the purpose of the authorities granted in this
Act, and for the costs of administering those authorities, the Secretary may use
the proceeds of the sale of any securities issued under chapter 31 of title 31,
United States Code, and the purposes for which securities may be issued under
chapter 31 of title 31, United States Code, are extended to include actions
authorized by this Act, including the payment of administrative expenses. Any
funds expended for actions authorized by this Act, including the payment of
administrative expenses, shall be deemed appropriated at the time of such
expenditure.
Sec. 8. Review.
Decisions by the Secretary pursuant to the
authority of this Act are non-reviewable and committed to agency discretion, and
may not be reviewed by any court of law or any administrative agency.
Sec. 9.
Termination of Authority.
The authorities under this Act, with the exception
of authorities granted in sections 2(b)(5), 5 and 7, shall terminate two years
from the date of enactment of this Act.
Sec. 10. Increase in Statutory Limit
on the Public Debt.
Subsection (b) of section 3101 of title 31, United States
Code, is amended by striking out the dollar limitation contained in such
subsection and inserting in lieu thereof $11,315,000,000,000.
Sec. 11. Credit
Reform.
The costs of purchases of mortgage-related assets made under section
2(a) of this Act shall be determined as provided under the Federal Credit Reform
Act of 1990, as applicable.
Sec. 12. Definitions.
For purposes of this
section, the following definitions shall apply:
(1) Mortgage-Related
Assets.--The term “mortgage-related assets” means residential or commercial
mortgages and any securities, obligations, or other instruments that are based
on or related to such mortgages, that in each case was originated or issued on
or before September 17, 2008.
(2) Secretary.--The term “Secretary” means the
Secretary of the Treasury.
(3) United States.--The term “United States”
means the States, territories, and possessions of the United States and the
District of Columbia.

To get a used car has more paperwork.

The best part is:

Sec. 8. Review.
Decisions by the Secretary pursuant to the authority of
this Act are non-reviewable and committed to agency discretion, and may not be
reviewed by any court of law or any administrative agency.

So how we got into this mess was not enough oversight. That's what was said. Now even the government doesn't want to be held accountable.

This country was based on the belief of limited government interference in the market place. Now we are becoming what we have tried to withhold from ourselves, through better or worse.

Socialism is a political philosophy advocating substantial public involvement, through government ownership, in the means of production and distribution.

"Isn't it ironic, don't you think?"