Showing posts with label auto companies. Show all posts
Showing posts with label auto companies. Show all posts

Wednesday, July 1, 2009

Roots of Liberalism

FORBES.COM by Peter Robinson - The movement may be 100 years old, but conservative ideas are even more deeply rooted in America's history. ∴ A near quadrupling of the federal deficit in 2009 alone. The nationalization of the Detroit automakers. The reduction of the biggest banks in the country to mere factotums. Plans to force legislation through Congress this very summer that would amount to a government takeover of health care, which makes up one-seventh of the entire economy. ∴ May I ask a question? Where does President Barack Obama's agenda come from? Read Robinson's answer at Forbes... Read More......

Saturday, June 6, 2009

Will Obama Break His Promise not to Run GM?

Or is [it] just that Congress didn't get the message? Read more at ProfessorBainbridge.com...

Read also: "GM = Amtrak?" at ProfessorBainbridge.com... Read More......

Monday, December 22, 2008

Humor: Congressional Motors

"All new for 2012, the Pelosi GTxi SS/Rt Sport Edition is the mandatory American car so advanced it took $100 billion and an entire Congress to design it." (Includes ad display)

It's in the way you dress. The way you boogie down. The way you sign your unemployment check. You're a man who likes to do things your own way. And on those special odd-numbered Saturdays when driving is permitted, you want it in your car. It's that special feeling of a zero-emissions wind at your back and a road ahead meandering with possibilities. The kind of feeling you get behind the wheel of the Pelosi GTxi SS/Rt Sport Edition from Congressional Motors.

All new for 2012, the Pelosi GTxi SS/Rt Sport Edition is the mandatory American car so advanced it took $100 billion and an entire Congress to design it. We started with same reliable 7-way hybrid ethanol-biodeisel-electric-clean coal-wind-solar-pedal power plant behind the base model Pelosi, but packed it with extra oomph and the sassy styling pizazz that tells the world that 1974 Detroit is back again -- with a vengeance.

We've subsidized the features you want and taxed away the rest. With its advanced Al Gore-designed V-3 under the hood pumping out 22.5 thumping, carbon-neutral ponies of Detroit muscle, you'll never be late for the Disco or the Day Labor Shelter. Engage the pedal drive or strap on the optional jumbo mizzenmast, and the GTxi SS/Rt Sport Edition easily exceeds 2016 CAFE mileage standards. At an estimated 268 MPG, that's a savings of nearly $1800 per week in fuel cost over the 2011 Pelosi.

Even with increased performance we didn't skimp on safety. With 11-point passenger racing harnesses, 15-way airbags, and mandatory hockey helmet, you'll have the security knowing that you could survive a 45 MPH collision even if the GTxi SS/Rt were capable of that kind of illegal speed.

But the changes don't stop there. Sporty mag-style hubcaps and an all-new aggressive wedge shape designed by CM's Chief Stylist Ted Kennedy slices through the wind like an omnibus spending bill. It even features an airtight undercarriage to keep you and a passenger afloat up to 15 minutes -- even in the choppy waters of a Cape Cod inlet. Available a rainbow of color choices to match any wardrobe, from Harvest Avocado to French Mustard.

Inside, a luxurious all-velour interior designed by Barney Frank features thoughtful appointments like in-dash condom dispenser and detachable vibrating shift knob. A special high capacity hatchback holds up to 300 aluminum cans, meaning fewer trips to the redemption center. And the standard 3 speaker Fairness ActoPhonic FM low-band sound system means you'll never miss a segment of NPR again.

Best of all, the Pelosi GTxi SS/Rt is made right here in the U.S.A. by fully card-checked unionized workers and Detroit's famous visionary jet-set managers. Even if you don't own one, you can enjoy the patriotic satisfaction that you're supporting the high wages, good benefits, and generous political donations that are once again making the American car industry the envy of the world.

But why not buy one anyway? With an MSRP starting at only $629,999.99, it's affordable too. Don't forget to ask about dealer incentives, rebates, tax credits, and wealth redistribution plans for customers from dozens of qualifying special interest groups. Plus easy-pay financing programs from Fannie Mae.

So take the bus to your local CM dealer today and find out why the Pelosi GTxi SS/Rt Sport Edition is the only car endorsed by President Barack Obama. One test drive will convince you that you'd choose it over the import brands. Even if they were still legal.
(Hat tip: John Detweiler and Iowahawk)
Here's another bit of automotive inventiveness.
Read More......

Saturday, December 20, 2008

Auto bailout approved by Bush administration

The Patriot Post, Friday Digest, Vol. 08 No. 51 - President George W. Bush announced Friday morning that the White House will include General Motors and Chrysler in the Treasury Department's fiscal bailout plan. The automakers will receive $13,4 billion in emergency loans now, plus another $4 billion in February contingent on the companies undertaking reorganization dictated by the federal government. Among the conditions is Tennessee Republican Sen. Bob Corker's proposal that the automakers negotiate wage and benefit cuts with the United Auto Workers to better align them with competition from foreign companies making autos here in the United States, but that requirement is non-binding. GM and Chrysler must also limit executive pay and eliminate their corporate jets. On 30 March, GM and Chrysler will be made to give account of their condition.

"These are not ordinary circumstances, in the midst of a financial crisis and a recession allowing the US auto industry to collapse is not a responsible action," the president said, adding, "Chapter 11 is unlikely to work for the American automakers at this time." Fair-weather capitalism is also unlikely to work at any time. Read More......

Thursday, December 18, 2008

The Other American Auto Industry

The Weekly Standard, 12/22/2008, Volume 014, Issue 14, by Fred Barnes
Plenty of car makers make a go of it in this country--they're just non-union and not headquartered in Detroit. Read article at the Weekly Standard... Read More......

Friday, December 12, 2008

Wage Demands Sink Auto Bailout In Senate

WASHINGTON (CBS News) ― A $14 billion emergency bailout for U.S. automakers collapsed in the Senate Thursday night after the United Auto Workers refused to accede to Republican demands for swift wage cuts. The proposal failed in a 52-35 procedural vote, reports CBS News Capitol Hill producer John Nolen. It needed 60 votes to move forward. The collapse came after bipartisan talks on the auto rescue broke down over GOP demands that the United Auto Workers union agree to steep wage cuts by 2009 to bring their pay into line with Japanese carmakers. Read more at CBS4Denver... Read More......