YOU WANT GOVERNMENT MONEY? OK, THEN YOU HAVE TO PLAY BY GOVERNMENT RULES.

GOVERNMENT MOTORS

DETROIT (AP) - Time and time again, General Motors Corp. board of directors reaffirmed its support for Chairman and CEO Rick Wagoner, even as the company piled up billions of dollars in losses and begged for government loans to stay alive.

But Wagoner is now a high-profile casualty of government intervention, forced out as part of the Obama administration's effort to save the century-old auto giant.

Wagoner, 56, who spent 32 years with GM working all over the world, stepped down effective immediately, the company said in a statement early Monday. He was replaced as CEO by Fritz Henderson, the company's vice chairman and chief operating officer.

What you have here is the government making decisions for a Board of Directors/Stockholders. But since the government is propping-up GM with money, they should have a say.

Do you think the government is going to hand you money and not have strings attached?? GET USED TO IT! I hope other companies, and their executives, are paying attention.

Oh, by the way:

GM shares tumbled 86 cents, or 24 percent, to $2.76 in premarket trading Monday.
That should make GM stockholders happy!!

WHERE IS THE AMERICAN DANIEL HANNAN?

Listen to English Parliament member Daniel Hannan address Prime Minister Brown.

BOY, WOULDN'T THAT SECURED BORDER WITH MEXICO COME IN HANDY RIGHT NOW!!!

WE DON'T NEED A WALL TO SECURE OUR BORDERS!

That was Obama and Hillary campaign-speak in 2008

Today we are being told that everything that is happening on the border is our fault.
YEAH, BECAUSE WE DON'T HAVE A SECURED BORDER!

Mexican gangs are bringing drugs to the US because we have an insatiable appetite for drugs.
NOT IF WE HAD A SECURED BORDER.

US guns are being used by drug gangs.
NOT IF WE HAD A SECURED BORDER.

Drug gangs are infiltrating our towns.
NOT IF WE HAD A SECURED BORDER.

Americans along the border are under attack.
NOT IF WE HAD A SECURED BORDER.

This administration, and its members fought tooth and nail against border security.
Ok, now it's your problem to fix.

(Reuters) – FedEx Corp is threatening to cancel the purchase of billions of dollars worth of new Boeing Co cargo planes if Congress passes a law that would make it easier for unions to organize at the package-delivery company, the Wall Street Journal said.

I love it! A company with the b*lls to challenge Congress and the unions thugs on the Employee Free Choice Act, which should be called the Employee Coercion Plan.
I hope other companies, large and small, are paying attention.

As promised during his campaign, Obama is moving forward with his OBAMA YOUTH SQUAD. Yesterday, the US House took the first step in organizing Obama's dream of a youth service corp.
As reported by Free Republic.
The House passed the Generations Invigorating Volunteerism and Education Act yesterday which includes disturbing language indicating young people will be forced to undertake mandatory national service programs as fears about President Barack Obama’s promised “civilian national security force” intensify.

The Generations Invigorating Volunteerism and Education Act, known as the GIVE Act, was passed yesterday by a 321-105 margin and now goes to the Senate.

Under section 6104 of the bill, entitled “Duties,” in subsection B6, the legislation states that a commission will be set up to investigate, “Whether a workable, fair, and reasonable mandatory service requirement for all able young people could be developed, and how such a requirement could be implemented in a manner that would strengthen the social fabric of the Nation and overcome civic challenges by bringing together people from diverse economic, ethnic, and educational backgrounds.”

Section 120 of the bill also discusses the “Youth Engagement Zone Program” and states that “service learning” will be “a mandatory part of the curriculum in all of the secondary schools served by the local educational agency”.

“The legislation, slated to cost $6 billion over five years, would create 175,000 “new service opportunities” under AmeriCorps, bringing the number of participants in the national program to 250,000. It would also create additional “corps” to expand the reach of volunteerism into new sectors, including a Clean Energy Corps, Education Corps, Healthy Futures Corps and Veterans Service Corps, and it expands the National Civilian Community Corps to focus on additional areas like disaster relief and energy conservation,”

That doesn't sound much like "volunteerism" does it?
LOOK OVER THERE! AIG!

WELL ISN'T THIS A REAL SHOCKER??

Goldman Sachs eyes repaying TARP in month: report

March 24, 2009 9:18 AM ET

NEW YORK (Reuters) - Goldman Sachs Group Inc hopes to pay back the $10 billion it took from the U.S. government's $700 billion Troubled Asset Relief Program within a month, The New York Times said on Tuesday, citing people involved in the process.

The urgency to repay the money follows last week's uproar over bonuses paid to executives at the insurer American International Group Inc , and revelations that Goldman was the largest recipient of government money stemming from its role as an AIG counterparty, the newspaper said.

Goldman Sachs spokesman Ed Canaday declined to comment.

A growing number of TARP recipients have said they plan to repay their money or do so as fast as possible.

Some have complained that investors perceive TARP recipients as not being strong enough to operate on their own. YA THINK?

Others have complained about the government's unilateral ability to impose new restrictions on TARP recipients, including limitations on bonuses that could prompt thousands of employees to leave. REALLY?

Repaying TARP money would also spare recipients of making dividend payouts to taxpayers. For Goldman and most other recipients, the annual payout is 5 percent.

I fully expect the Feds to block this and any early payment. Watch.

IT'S THE INVESTORS STUPID!

I'm reading the papers this weekend and everywhere I look, this administration continues to vilify business and Wall Street.
From AIG bonuses, 'unscrupulous' residential lending, to even the same old worn out drum-beat about evil Wal-Mart destroying America, all I read and hear is anti business, and anti capitalism.
So imagine my surprise when this morning I crack open the WSJ and there is Timmy Geithner saying: "Our judgment is that the best way to get through this is if we can work with the markets." "We don't want the government to assume all the risk. We want the private sector to work with us." OH REALLY! You are asking investors to partner-up with you?
Why in God's name would investors such as hedge funds and private-equity firms purchase shares in a company that is now a subsidiary of the Federal Government? Why would they want to participate in a 'troubled asset' program that is run by the government? A government that will change the rules mid-stream, as is happening with Congress's moves to cap Wall Street bonuses for firms receiving financial aid?
Needless to say, I don't manage a hedge fund, but if I did, there is no way I'd risk any capital with this bunch.

HONEST, WORKING, TAX PAYING, AMERICANS ARE SCREWED!

Last night, Jay Leno did what most reporters have been unwilling to do: Ask Obama a straight- forward question about the AIG bonuses.

Jay asked him this:

"Well, here’s something that kind of scared me. Today they passed this thing that says we’re going to tax 90 percent of these bonuses. And the part that scares me is, I mean, you’re a good guy — if the government decides they don’t like a guy, all of a sudden, hey, we’re going to tax you and then, boom, and it passes. I mean, that seems a little scary as a taxpayer."

Obama didn't bother to answer the question, but responded with this:

"I think that the best way to handle this is to make sure that you’ve closed the door before the horse gets out of the barn. … The change I’d like to see in terms of tax policy is that we have a system, going back to where we were back in the 1990s, where you and I who are doing pretty well pay a little bit more to pay for health care, to pay for energy, to make sure that kids can go to college who aren’t as fortunate as our — as my kids might be. Those are the kinds of measured steps that we can take"

This my friends, is a confiscatory tax policy and music to a Socialist's ear.

As Margaret Thatcher once said:
“The problem with socialism is that you eventually, run out of other people’s money.”

HEY COACH!

"Somebody said that we're not in President Obama's Final Four, and as much as I respect what he's doing, really, the economy is something that he should focus on, probably more than the brackets," Duke coach Mike Krzyzewski said from the Blue Devils' first-round site in Greensboro, N.C.

Excuse me coach, but given what the great and mighty Messiah is doing to our economic future, I'd rather have him focus on freakin basketball!

LET'S SEE HOW WE'RE DOING.

Here is what was predicted on Monday, November 03, 2008

Today's comments are in RED

Here's what's coming with the Obama victory.

-Amnesty for 12 million to 20 million illegal aliens and a drive to make them citizens and registered voters.
Just wait and see. Take a look

-Border security will no longer be an issue, and America will have a virtual open border with Mexico. Unfortunately, illegal aliens won't be coming for jobs, as I see 13% unemployment on the immediate horizon. They will be coming for the FEDERAL AND STATE FREEBIES.
CHECK!

-Taxes will be raised on the top 5 percent of wage-earners, who now carry 60 percent of the U.S. income tax burden, and tens of millions of checks will be sent out to the 40 percent of wage-earners who pay no federal income tax.
CHECK!

-Social Security taxes will be raised on the most successful among us, and capital gains taxes will be raised from 15 percent to 20 percent. The Bush tax cuts will be repealed, and death taxes reimposed.
Almost CHECK!


-Two or three more liberal activists will be named to the Supreme Court. U.S. district and appellate courts will be stacked with Ruth Bader Ginsburg clones.
NO-BRAINER

-The homosexual marriages that state judges have forced California, Massachusetts and Connecticut to recognize, an Obama Congress and Obama court will require all 50 states to recognize.

- Expect automatic annual increases in minimum wage.
Do you doubt this will happen?

-Affirmative action — hiring and promotions based on race, sex and sexual orientation until specified quotas are reached — will be rigorously enforced throughout the U.S. government and private sector.

-Universal health insurance will be enacted, covering legal and illegal immigrants, providing another powerful magnet for the world to come to America................for all the wrong reasons.
Almost CHECK!

-A federal bailout of states and municipalities to keep state and local governments spending could come in early 2009. Expect huge increases in Real Estate taxes across the board.

-The Fairness Doctrine will be ushered in, and conservative talk radio will move to satellite radio.
It's coming!

-The first trillion-dollar deficit will be run in the first year of an Obama presidency. It will be the first of many.
CHECK
Not bad! And we are only 3 months into the Obama administration.

WHAT! HOW CAN THIS BE????

PITTSBURGH (AP) - Today, Caterpillar Inc. announced plans to lay off more than 2,400 employees at five plants in Illinois, Indiana and Georgia as the heavy equipment maker continues to cut costs amid the global economic downturn.

This has to be a mistake because on February 11, 2009 President Barack Obama told the nation that heavy-equipment maker Caterpillar had informed him it will rehire some of the thousands of workers it has laid off in recent weeks if Congress passes an economic stimulus bill.

Oh, I forgot that when asked about the rehiring Obama talked about, Caterpillar CEO James Owens said: "I think, realistically, no. The honest reality is we're probably going to have more layoffs before we start hiring again."

LET'S LOOK AROUND THE WORLD.

1. AP - A long-simmering trade dispute boiled over into sanctions on Monday after Mexico said it would raise tariffs on $2.4bn of US exports in retaliation for ending a pilot program to allow Mexican trucks on American roads.

2. TOKYO (Reuters) - North Korea is slowing down even more the pace of taking apart a controversial nuclear plant, complaining it has not received promised energy aid. The report comes as regional tension mounts over the North's plan to launch a rocket between April 4 and 8.

3. MOSCOW (Reuters) - A Russian general said on Saturday Venezuela has offered the use of its La Orchila island airfield for Russian strategic bombers on long-range flights.

4. (Reuters) - A U.N. committee accused Iran on Tuesday of violating a U.N. ban on importing or exporting arms by trying to ship weapons-related material in a vessel that was seized by authorities in Cyprus. Some diplomats believe the material were bound for Lebanon or Gaza.

Looks like there's a bunch of bad-guys testing us.
Have no fear, we have Hillary at State and Leon Panetta heading the CIA.

EPIC HYPOCRICY

In an attempt to try to close the New York State deficit, Gov. David Patterson threatened to cancel the 35% tax credit for films shot in the Big Apple.

Upon hearing this, ultra left-wing liberal Alec Baldwin replied: "I'm telling you right now, if these tax breaks are not reinstated into the budget, film production in this town is going to collapse, and television is going to collapse and it's all going to go to California."

Believe it or not, Mr. Baldwin's views are shared across the movie industry, which has lobbyists pleading in state capitals across the country for most-favored-tax status. The reality is that Hollywood productions are highly mobile and can film just about anywhere. So they have taken to shopping around the country -- and the world -- for the most lucrative tax avoidance deal. YES, TAX AVOIDANCE DEAL.

The Hollywood studios are ruthless capitalists and are expert at playing state suitors against one another. In the midst of California's recent $42 billion budget showdown, producers threatened to leave the state if the legislature didn't offer more inducements. So lawmakers in Sacramento capitulated and gave the industry a new $250 million deal to stay put.
The Motion Picture Production and Distribution industry last year gave $14 million in political contributions: 89% went to pro-tax Democrats.

TOH to the WSJ

OBAMA ADMINISTRATION BEATS-UP ON D.C. KIDS!!

Today, President Obama signed the spending bill and told Washington DC kids and his Education Sec. Arne Duncan to STICK IT!

Last week, Education Secretary Arne Duncan said that poor children getting vouchers to attend private schools in the District of Columbia should be allowed to stay there, but by signing the bill, Obama has denied those poor children an education............ much like the one his girls are getting.

"I don't think it makes sense to take kids out of a school where they're happy and safe and satisfied and learning," Duncan said. "I think those kids need to stay in their school."

Maybe the president is only trying to reduce the size of his daughter's classes??

What a guy!

JUST WHAT THE ECONOMIC GROWTH DOCTOR ORDERED!

Small, mid-sized, and big business look at the White House and Congress and see nothing but enemies, dark clouds, and conflicting signals.
Economists and business leaders are looking for some direction from the folks in charge.

This is just the ticket for job creation and a great way to instill confidence in the business community.

THE ORACLE FROM OMAHA?????

Billionaire Buffett backs Obama for president

Monday, 19 May 2008

Warren Buffett, the world's richest man, is backing Barak Obama for US president.

Buffett said he had offered support to both Obama and Democratic rival Hillary Clinton but that since it appeared Obama would win the party's nomination, 'I will be very happy if he is elected president. He is my choice,' he said.

It's been almost a year since those words were spoken. Today, Mr. Buffett is singing quite a different tune.

Warren Buffett said yesterday that the US economy had “fallen off a cliff”, describing the current crisis as “an economic Pearl Harbor”

Mr Buffett also spoke of the growing fears over Mr Obama’s muddled approach to the central issue in solving the economic crisis: what to do with the banks.

Did he say, growing fears? Welcome to the club, Mr. Buffett!

Of course anyone can make mistakes, but was it a secret that Obama had no qualifications to be president? NO! Yet, we find Buffett openly endorsing him. Would Buffett have offered Obama a job at Brekshire Hathaway? Is Obama qualified to work at Berkshire Hathaway? Let's take a look.

MARCH 9, 2009 - Business Wire, Inc.​, a wholly-owned subsidiary of Fortune 13 Berkshire Hathaway Corp.​, seeks a competitive, proven sales manager to manage two local sales teams in selling news distribution and internet services to public companies (esp.​ Fortune 1000) and PR and IR firms throughout Northern California.​

Required Skills:

· Proven track record in sales, including exceeding quota requirements and growing a sales territory

· Superior sales management skills

· Superior written and verbal communication skills

· Excellent organizational and planning skills

· Technical skills and computer literacy; proficiency in standard business applications (i.​e.​, MS Word, Excel, PowerPoint, ACT, Web, etc.​)

· 7 or more years outside sales experience (w/​ 3+​ as sales manager)

Bachelors degree and experience in related field such as investor relations, public relations, new media or journalism desirable.​

So, for a sales manager position, Berkshire Hathaway is requiring "a proven track record" and at least 7 years experience. Could Obama get that job?

Let's look some more.

Business Analyst

XTRA Lease, a subsidiary of Berkshire Hathaway Inc.​, is one of the largest independent transportation equipment leasing companies in North America.​ XTRA's principal business is to provide various term operating leases for truck trailers.​

· Gather and document business requirement as defined by business owners.​

· Organize and conduct design sessions with individual users or groups of users to validate business requirements.​

· Provide daily support to application users and Help Desk personnel regarding questions and issue resolution about production systems.​

· Design enhancements to existing application user interfaces and complex batch programming processes.​

· Plan and coordinate system and acceptance testing, including the development of detailed test cases, execution of the tests with users and coordinate test results.​

· Develop and maintain required system documentation and training materials.​

· Support small business systems in Microsoft Access.​

· Understand data base structures and use Microsoft Reporting Services and Report Builder reporting tools as requested for ad hoc reports.

Education

· Bachelor’s degree in Computer Science.

Experience

· 7 or more years of Information Technology Experience

There's that experience thing again!

Could Obama get this job? Doubt it!

In the Berkshire Hathaway

world, experience and a track record is a must.

In the Berkshire Hathaway world, Obama

couldn't get hired for a sales job let alone

an executive position. Yet for the most

important position in the entire

world, Mr. Buffett gives him a pass.

SOME ORACLE!!!

AS THE OBAMA ADMINISTRATION

continues its assault on Wall Street and American capitalism, I must remind my LibDem friends, especially those in academia, that there are consequences to these attacks and the complete lack of economic confidence in the Obama administration.


According to The Cornell Alumni Magazine, Cornell’s endowment, which was valued at $6.1 billion on June 30, 2008, fell 27 percent during the second half of 2008.

Returns on Dartmouth’s endowment had dropped by 18 percent, or $700 million, as of Dec. 31, College officials disclosed on Thursday. The loss will require the College to implement staff layoffs, according to vice president of finance and administration Adam Keller.

Santa Clara University: As former President Paul Locatelli, S.J., prepared to leave for a working sabbatical, he had one last announcement to make to the campus community, and it wasn't a pleasant one.
In a letter addressed to students and parents, Locatelli explained that the university's endowment has been in a state of decline over the past year.

In a letter to students, faculty and staff, Princeton President Shirley M. Tilghman said university officials will seek to cut $50 million in spending for the 2009-10 academic year because of a rapidly-shrinking endowment.

Harvard endowment recently reported a 22% drop in the funds value from a year ago. The 22% drop does not include the drop in assets which are managed by external managers. Those numbers have not come in yet and they are expected to add to the decline. 22% may be a conservative estimate.

A report to the UNC-Chapel Hill Board of Trustees on Thursday revealed that the endowment, worth $2.5 billion in July, had lost 13 percent of its value, or about $320 million.

"It's certainly the toughest time I've experienced," Jon King, president of the UNC Investment Fund, said Thursday at a meeting of UNC-CH trustees. The fund manages private money donated to UNC-Chapel Hill.

LET'S START FRIDAY ON A POSITIVE NOTE!!!!

Seeing how there is a tremendous amount of gloom and doom out there, not that it isn't justified, a friend of mine has suggested a fool-proof way of starting your day on a very very positive note.

Here's what you do:

1. Open a new file in your computer.

2. Name it 'Barack Obama'.

3. Send it to the Recycle Bin.

4. Empty the Recycle Bin.

5. Your PC will ask you: 'Do you really want to get rid of 'Barack Obama?'

6. Firmly Click 'Yes.'

GOOD! - Tomorrow we'll do Nancy Pelosi!

Aaaaaaaah. Go ahead and tell me you don't feel better?

THIS IS SO COOL!

You want to read the daily newspapers from all over the world? NOW YOU CAN!

One of the most interesting sites I have ever seen.

Just put your mouse on a city anywhere in the world and the daily newspaper headlines pop up... Double click and the page gets larger.... I thought you -would like to know about this site, if you don't already. I also found you can read the entire paper on some if you click on the right place.
There is a downside...................................................you can easily spend a lot of time there!!!!

I'm not a W supporter, and honestly believe that the nation is where it is because of him and his departure from conservatism...........................especially economic conservatism.
This however is VERY TELLING.



A tip of the hat to babalublog

SHOCK AND OH OH!!!!!

Given the length to which the Obama Administration has demonized the business community for just about everything that has gone wrong economically, and given the sneaky way this administration has rolled out, or should I say, JAMMED its policies, it should come as no surprise that the markets have tumbled nearly 33% since the coronation. Eh, I mean, election.
The market does not like what is emanating from the White House. From higher taxes, over-regulation, and wild federal spending, the market is giving this administration a big thumbs down
But, does this administration care about Wall St. and the markets? Personally, I don’t think they give 2 $hits!
With each day that goes by, I am convinced that this administration, in order to ram their radical economic agenda, has and is purposely hell bent on scaring the American public and terrifying the market. SHOCK AND OH OH!
Didn’t little White House Chief of Staff Rahm Emanuel admit as much when he stated: "you never want a serious crisis to go to waste." Sure he did.
The Obama Administration is more than delighted to fan the flames of crisis; thus creating a climate where this radical agenda can be passed and implemented.

DID HE REALLY SAY THAT?

Yesterday, in an attempt to inject confidence in the markets, Pres. Obama said the following:

"On the other hand, what you're now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."

Eh, Mr. President. I think it's Price to Earnings. Better known as the PE Ratio.

Yes sir! Don't you just want to pick-up the phone, call your broker, and buy some of those "potentially good deal" stocks?

Two questions Mr. President:

1. What stocks look attractive to you right now?

2. A long term perspective??? How long, sir?

*crickets, crickets*

Oh by the way! Since the election, the Dow has dropped 2,900 points or nearly 1/3 of its value.

NOW THAT, MY FRIENDS, IS CHANGE YOU CAN BELIEVE IN.

CHANGE YOU CAN TAKE TO THE BANK!

THIS HAS TO BE A JOKE? RIGHT?

MOSCOW, March 2 - Washington has told Moscow that Russian help in resolving Iran's nuclear program would make its missile shield plans for Europe unnecessary, a Russian daily said on Monday, citing White House sources.

BWAAA HAAA HAAAA! Does anyone in their right mind think Obama has the balls to go through with a missile shield??? OH GOD! This idiot gets more hilariously stupid every day!!! Putin along with the entire world are laughing their ass off because they know he's PLAYING CARDS HE DOESN'T HAVE!!
As a typical liberal, this guy is cutting military spending and wants nothing to do with anything as forward-thinking as a missile shield. It's waaaay too Reagan.........................and everybody knows it!
I'm sure that folks in Tel-Aviv are feeling a whole lot more secure by this announcement.

---------------------------------------------------------------------

OH MY GOD!!!! I'M A FREAKIN SAGE!!!!!
A MINUTE AGO, PUTIN TOLD OBAMA-THE FEARLESS TO STICK IT!

Russian President Dmitry Medvedev said Tuesday that it was "not productive" to link talks over a US missile defense system in Europe with Iran's suspected nuclear program as proposed by Washington.

BWAAAA HAAAA HAAAA! NICE MOVE MR. PRESIDENT!

President Barack Obama is set to sign a $410 billion spending bill with some 9,000 earmarks — a practice he repeatedly criticized on the campaign trail last year.

Dismissing the congressional pork as “last year’s business,’’ White House chief of staff Rahm Emanuel said Sunday that the president wasn’t happy with the earmarks. But, Emanuel said, Obama would nevertheless sign the bill.

MORE BULL$HIT FROM THE OBAMA ADMINISTRATION!!