When government competes … nothing is fair.
Toyota is the target and it has no chance against the Obama administration. Toyota is non-union and needs to be taught a lesson.
Ford will be next in one way or another … simply because it is successful.
It happens because government is never a competitor .. it is a [...]
Wed. 2/24 Update:
From the Detroit News … FBI searches 3 local auto suppliers .. and you guessed it… they are tied to Toyota.
Wed. 2/23
Let’s beat on Toyota … because we can.
That seems to be the logic in this administration.
Oh .. Obama is far away from the center but you know he is the center of [...]
It took a while … but.. better late than never? Wall Street sends message to Dems…..
General Motors … Obama Motors.. has its top 25 executive’s pay set by the Federal Treasury. GM still waiting for approval of CEO’s pay.. two months after he was appointed by the Treasury department.
The moral of the [...]
Ford Motor Company announced a profit yesterday after hard work by all people involved in every aspect of the company.
The UAW voted against a Ford proposal that would have brought Ford into the same realm as government owned and controlled General Motors and Chrysler .. with the members essentially saying they didn’t care how uneven [...]
White House cuts exec pay by 90% .
That is right. Ninety percent.
Outrageous.
Where does the Constitution give anyone the right to cut anyone’s pay other than the employee of that person whose pay is in question?
Obama has “bailed out ” these companies with the skewered idea that it therefore gives him control over them … forcing [...]
Steve Rattner … a person with no experience ever in car production or car company management … walked in to denigrate General Motors and Chrysler and now has chosen to do the same to one of the top men in the industry ever .. Rick Wagoner.
Wagoner’s departure was “a bigger part of the story than [...]
Sixty Minutes had the following on their show on Sunday, October 4th.
Mark Dreier: The Swindler
Hard Time
The fact that Mark Dreier is a swindler is undisputed. What does strike home is how what he did could parallel what Obama did to General Motors and Chrysler.
Of course … it wasn’t money swindled directly .. or was it?
The [...]
The bankruptcy judge in the General Motors case rejected all pleas to hold his decisions till further claims have been inspected.. such as those of crash victims and in investors.
A surprise?
Oh no. What is a surprise is that the judge even bothered to go thorugh the motion of this whole farce. It would have saved [...]
It comes out now … the already known truth .. that Obama had decided long before setting the table for Chrysler that there was no way Chrysler would not be allowed to do anything but go into bankruptcy so that he … Obama … could have his plans for Chrysler be put into place .. [...]
Also tagged chrysler, chrysler bankruptcy, General Motors bankruptchy, Michelle in Paris, Obama auto control, Obama MotorsObama is supposed to be for the little guy.. right?
General Motors UAW employees were asked to give concessions in the battle for General Motors’ survival. The sad thing is no matter what …General Motors will not survive. Obama Motors will take over… already has of course.
In the meantime …. the UAW employees were asked to [...]
As General Motors battles for its life … the handwriting is already on the wall.
Nothing will stop it from being forced into bankruptcy.
The UAW agreed to big concessions in a desperate last minute gasp to save this great company… but the ominous hand over it all seems to say .. “do as you wish… [...]
The saying was if the car companies coughed .. the country got a cold.
Now the car compnanies are being taken over … by the government.
Does anyone seriously think this is where Obama will stop?
He has taken over Chrysler … given it to the UAW … and to Fiat who in turn has pronmised to make [...]
