Tuesday, December 9, 2008

Bailout madness

The Communist Party of America A group of Radical Marxists The Democratic Congressional Caucus together with collaborators conspirators traitors The White House have settled on a plan to use $15 billion of taxpayer funds to bail out the inefficient and chronically mismanaged 'Big Three' auto companies, with a Soviet Commissionaire "Car Czar" micromanaging almost every aspect of their operation. ATR's Grover Norquist, however, demonstrates that the proposal is far closer to fascism than communist. The United Auto Workers union, meanwhile, is planning to seek a stake in General Motors and a seat on its board in exchange for "concessions" for its overpaid members. No doubt if the proposal isn't granted, Detroit will revert to 65 Million BC, cities will die; national security will be jeopardized; millions will lose their jobs; tens of millions will watch their 401-Ks vanish. Heritage by the way proved today that autoworkers at the Big Three are some of the most highly paid workers in America, costing the Big Three over $70 an hour in wages and current and future benefits.


On State Bailouts, Nick Gillespie has a great analysis on "the idea that government can bootstrap the economy out its funk by hiring two guys to dig a hole and a couple more to fill it in"


Also from Reason, this great clip asks "where's my bailout":



video

0 comments: