Saturday, December 06, 2008

Chrysler Should Have Been Allowed To Fail

The shameless auto executives are back begging for more money. They remind of the young man pleading his case before his sceptical parents. "Please just give me one more chance. I will be home on time and I promise to fill up the gas tank this time."

The parents retort," But son you are a mature man now. Some of your classmates have started their own families and they own a home and own their own cars. When will you grow up? We have other obligations."

Former Chrysler CEO Lee Iacocca made a sucessful plea for a government bailout some 30 years ago. And now Chrysler is back but this time with GM and Ford at the same table. Maybe if Chrysler was allowed to fail years ago, GM and Ford would have worked harder and the UAW would have learned a lesson that would have avoided todays mess?

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Monday, November 10, 2008

Bye Bye General Motors And Ford ?

Today General Motors and Ford were both downgraded by Wall Street analysts to sell. Now they tell us ! The future looks like either bankruptcy or a government- assisted bailout which in either case would leave the existing shares worthless.

The Volkswagen Bug showed up on our shores in the 1950's and the Japanese invasion of cheap, economical- to- run cars joined VW. But GM, Ford and Chrysler didn't take the hint. They continued to build expensive gas guzzlers with high profit margins . They bribed Congress to keep miles-per-gallon requirements at a low threshold and even got the lawmakers to give tax incentives to buyers of trucks and SUVs.

My take on this tactic by Detroit was that the obligations to pay the inflated demands of the United Auto Workers necessitated the high-priced autos. Now this is not the way to meet the public's changing trends toward affordability in transportation choices. Detroit went down the wrong way on a one-way street.

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Thursday, June 26, 2008

Thursday Morning With Dick And George

Early Thursday morning Dick Cheney bolts into the private quarters of George and Laura Bush. Laura is munching on a cold pizza and reading a tabloid. She doesn't notice Dick. Bush is snoring loudly from under his pillow.

Cheney almost yelling, " Get up you worthless son of a bitch. You got a speech to make ".

Bush flips him the middle finger and asks, " What speech you fat fuck, chosen people or lower taxes?"

Now Cheney is red in the face, " It's the ' I really mean to bomb Iran' speech, you little jerk monkey".

Bush with a particularly dense-look, " Didn't I do that yesterday?".

Cheney in a panic, " Yeah but the market is down over 200. Goldman Sachs just advised clients to sell General Motors, Citigroup and Wall Street brokers. Ya can't trust those filthy Yankees and Jews at that kike firm. Next they will advise sales on Halliburton and the military-industrial complex. We've got to beat the war drums."

Now an anxious Bush fires, " Gee why did'nt you tell me earlier? Hey Dick when I'm out of here can I still have that Dairy Queen in El Paso?"

"You fuckin' useful idiot, of course you can. But don't look for me or Rummy or your pickaninny to come by . Get dressed".

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Friday, May 16, 2008

Mayor Newsom Spends Too Much Time On Wrong Holes

Yesterday Mayor Gavin Newsom squeakly proclaimed from his pencil-neck, " My god, this [same-sex marriage court ruling] is now bigger than San Francisco". The crowd gushed. And so Newsless let slip his personal joy of being freed from the pedestrian jobs of a local mayor. He was back on the national stage. He was "bigger than General Motors".

Hey Newsless, all politics are local. Sure there are many homosexuals in San Francisco. But I wonder how many would rather trade in marriage possibilities for a Golden Gate Park that was not a private reserve for bums? How about fixing holes in the streets instead of right of way for cannubial sodomy or cunnilingus? How about plugging holes in the budget and fixing gaps in sound city business regulations so heterosexuals and homosexuals alike can help plan for a secure future?

Newsless wants to leave this to the next administration. And so it will be left for others to clean up. Just like the spread of AIDS and sexually transmitted diseases will be left to mother nature inspite of Newsless' stamping his foot about discrimination.

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