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news this morning PDF Print
Written by editor   
Tuesday, 31 March 2009

 

 3/31/2009

    I got here before 7 this morning.  IF I get started before 5 then I can take I95 and save 5 bucks in tolls maybe a little more and still get here before 7. Going home though the turnpike is the only way. I95 really clogs up. There are a lot more trucks on 95 too. They serve hot breakfast here too. Ahhh, sunrise and biscuits and gravy. It doesn’t get any better.  Well it does, but just not here. 

 

Not much on the news this morning, just talk about Obama firing the CEO of GM. He had no right to do that. No power. The government does not run the private company. There was no constitutional basis for what he did. No constitutional authority to assume the warranty obligations of GM either.  Obama is acting like Mussolini.  

 

We survived 30 years ago when the steel industry died. It was touted as advancement by many. Let the Koreans make the dirty steel, mine the coal and run the furnaces.  We were going to be a service economy, developing intellectual capital, it was the information age. The end of bricks and mortar.  Now the Democrats and their handlers, Organized Labor, are trying to turn all that around.  In Great Britain they had a car industry to rival ours. British Leyland. Morris Garage, Land Rover, Rolls Royce, Bentley, Jaguar,  Aston Martin, Hillman, Triumph, Lotus, Austin, Austin Healey, and others. Theirs collapsed. The Asian automakers ate their lunch. Their world did not end. Why is there such a fuss about saving GM, there was no fuss at all about saving US Steel.   Funny too, in all the talk about GM and Chrysler failing there has not been one word, not one, about the new car company Tesla Motors. What could they do with a few billion dollars?  Companies die and new ones are born. Obama was all about change, but he is resisting it, change that is, as he protects the vested interests that got him elected.  It's getting pretty obvious who owns Obama and the Federal Government. It’s organized labor (and I thought it was organized crime :-)). Of course George Soros is making a bundle as Obama drives the market up and down predictably with his rhetoric.  ACORN is doing pretty well too.  But overall it looks to me like Obama is sinking in his own incompetence. The major media still run cover for him, but it is only a matter of time before they distance themselves from him and eventually turn on him. When they do, he will be in real trouble.

 

Speaking of trouble… Obama's brother in Kenya, the one living in a box,  is not doing so well. Rumor is that he has cholera.  And his auntie is fighting deportation from the US. I guess they both should have given Obama a few million dollars for his campaign. LOL There are obviously two kinds of people in this world, friends of Obama and the rest of us.  

 

Funny too, when a company is doing poorly the government grants a loan to the  private company they want partial ownership and control of the company.  But when times are good and the oil companies make record profits, the government steps in and takes their profits with a windfall profits tax, giving the company absolutely nothing in return. As always with the government, its  heads they win and tails you lose. Government is raw power, force, and unrestrained greed.

 

Perhaps Alex de Tocqueville was spot on when he said, " The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money." Obama is certainly there.

Last Updated ( Tuesday, 31 March 2009 )
 
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