Showing posts with label General Motors. Show all posts
Showing posts with label General Motors. Show all posts
Saturday, April 24, 2010
GM- A Example of What Happens When Government Runs Industry
GM has finally paid back the TARP bailout. The new CEO, Ed Whitacre , created a TV ad congratulating themselves on their progress. The Gaffe-O-Matic Vice President likewise continued with the happiness reporting. As it turned out, all of this was intended simply to blow sunshine up our ass.
Yes, we've been "had" again by the Obama administration, and its newest acquisition, GM (Government Motors). GM paid the taxpayers back with....are you ready...OUR OWN FREAKING MONEY!! GM took money out of a taxpayer funded escrow account, and paid us back with our own money. They are still operating at a loss, and have no earnings.
I've said this before, and I'll say it again. If any Conservative buys a GM car, your doing nothing but subsidizing Socialism. The UAW, which builds these cars, finances the DNC. The DNC has been taken over by Socialists, so any purchase of a GM car goes to that purpose.
I will never buy another GM car. This is a lifetime commitment for me. I will encourage all members of my family and friends to do likewise. The overtaxed US taxpayer will be facing huge deficits for decades to come, and Federal financing of GM is simply throwing good money down a deep and nasty rat hole. Don't ever let the Government convince you again that any business is too big to fail.
Wednesday, March 10, 2010
A Different Kind of Communist Party...Odds and Ends
The fraud, waste, and abuse inside Obama's Simulus Package continues to astound me. Labeled as shovel ready projects, we are funding important projects such as the preservation of bug collections, cocaine for monkeys, and other such nonsense. I told you so. See Porkulus again, in the must see section of this website.
We conservatives must also decide whether or not we are going to continue to subsidize the UAW by purchasing GM automobiles. After our 401Ks were raped by this organization, and old GM stock rendered worthless, every Union member got a bailout and issued new GM stock. The rest of us, well...suck it up. The UAW continues to subsidize the Socialist Democrat Party, so if you buy GM, you're subsidizing Communism in the USA in my humble opinion. The direct Government attacks on Toyota are also interesting theater, if I were a conspiracy theorist.
Geert Wilders, the Dutch politician, is under siege in his own country. He is being place on trial for speaking out against the encroachment of Islam in his country. He is right. Europe is slowly being overrun by these seventh century neanderthals, and Geert on trial for expressing his views on the subject. European men over the centuries have become cowards and appeasers. As Churchill used to chide, they feed the alligator hoping it will eat them last. This type of thing is coming to a USA theater near you in the form hate crime legislation. If you speak out against illegal immigration or gay marriage, you might find yourself in jail. Geert Wilders is a hero. Europe is the socialist model our socialist President so admires.
Sunday, October 4, 2009
The Death of the WE Car and Zombie Motors

Wall Street Journal's former Detroit reporter Paul Ingrassia, reports on the failed marriage between the UAW and GM management:
"Saturn's chief UAW apostle was Donald Ephlin, the visionary head of the union's GM department who passed away in 2000. Ephlin strongly believed that Detroit's auto makers and the UAW had to change from confrontation to collaboration.
Thus the Saturn contract, built on the Memorandum of Understanding, eliminated most of the work rules that strictly limit the tasks UAW members can perform. Workers would be called "technicians" and get just 80% of standard UAW wages but would share in Saturn's profits, allowing them to earn more if Saturn succeeded. Most Saturn executives and managers would be assigned a UAW counterpart, and the two would share in key decisions.
The latter provision was overly idealistic, but certainly an improvement over constant and costly combat. Nonetheless, Saturn's labor innovations were attacked by UAW traditionalists, who coined the term "Ephlinism" to describe Saturn's heresies. Ephlin retired, on the defensive, in 1989. Mr. Smith retired a year later, his reputation besmirched by GM's chronic underperformance, just before Saturn built its first cars".
Okay...the Saturn...the WE car (womens entertainment) car concept...with "no hassle" negotiation. Sweet, kind, and plastic. If any male wanted to chop at least an inch off his manhood, driving a WE car was the road to that end. No one can resurrect this stinking corpse, and GM is a zombie eatting off the living tissue of the American taxpayer. In fact, Detroit is the "Land of the Zombies". The economy didn't destroy the auto industry, the UAW and bad management did.
"Saturn's chief UAW apostle was Donald Ephlin, the visionary head of the union's GM department who passed away in 2000. Ephlin strongly believed that Detroit's auto makers and the UAW had to change from confrontation to collaboration.
Thus the Saturn contract, built on the Memorandum of Understanding, eliminated most of the work rules that strictly limit the tasks UAW members can perform. Workers would be called "technicians" and get just 80% of standard UAW wages but would share in Saturn's profits, allowing them to earn more if Saturn succeeded. Most Saturn executives and managers would be assigned a UAW counterpart, and the two would share in key decisions.
The latter provision was overly idealistic, but certainly an improvement over constant and costly combat. Nonetheless, Saturn's labor innovations were attacked by UAW traditionalists, who coined the term "Ephlinism" to describe Saturn's heresies. Ephlin retired, on the defensive, in 1989. Mr. Smith retired a year later, his reputation besmirched by GM's chronic underperformance, just before Saturn built its first cars".
Okay...the Saturn...the WE car (womens entertainment) car concept...with "no hassle" negotiation. Sweet, kind, and plastic. If any male wanted to chop at least an inch off his manhood, driving a WE car was the road to that end. No one can resurrect this stinking corpse, and GM is a zombie eatting off the living tissue of the American taxpayer. In fact, Detroit is the "Land of the Zombies". The economy didn't destroy the auto industry, the UAW and bad management did.
Sunday, September 27, 2009
May the Best Car Win...But Still, the Taxpayer Looses.

Government Motors, formerly General Motors, has a new add campaign offering a 60 day money back guarantee on their products. The idea, of course, is to reduce consumer risk in buying one of their cars over foreign products with a better reputation of quality and economy. Its certainly about time, but I have a major problem with it.
The problem is that its still a nationalized Government owned company. I'm still outraged that this Company came to the imperial Congress asking for our money to compensate for their mismanagement, but also from Union hacks to preserve their unsustainable benefits. All of us who owned mutual funds inside 401K plans that held old GM stock were thrown under the bus. No bail out for us, as old GM stock was rendered worthless. Not only did old GM stockholders pay taxes that bailed GM out; they paid again in old GM worthless stock.
Screw GM. I will never buy another GM car as long as I live, or as long as its a Government owned nationalized industry. Anything the UAW manufactures that WE purchase turns into subsidies to the DNC jackass party. I encourage others not to reward both the Government and the Unions that subsidized the DNC. Screw the Imperial Congress too, who didn't listen to us when we told them to stop bailing out badly managed companies. Screw them all.
The problem is that its still a nationalized Government owned company. I'm still outraged that this Company came to the imperial Congress asking for our money to compensate for their mismanagement, but also from Union hacks to preserve their unsustainable benefits. All of us who owned mutual funds inside 401K plans that held old GM stock were thrown under the bus. No bail out for us, as old GM stock was rendered worthless. Not only did old GM stockholders pay taxes that bailed GM out; they paid again in old GM worthless stock.
Screw GM. I will never buy another GM car as long as I live, or as long as its a Government owned nationalized industry. Anything the UAW manufactures that WE purchase turns into subsidies to the DNC jackass party. I encourage others not to reward both the Government and the Unions that subsidized the DNC. Screw the Imperial Congress too, who didn't listen to us when we told them to stop bailing out badly managed companies. Screw them all.
Wednesday, August 19, 2009
The $40,000 Economy Car

The cars featured are "the kind of cars the Obama administration has been pushing: small cars with high fuel economy, hybrid technology, “alternative fuel” capability, etc." says Alex Epstein of the Ayn Rand Center, who doesn't see this as the exciting turnaround GM does.
"GM has already gone down a less extreme version of this road — and it proved to be the road to bankruptcy. Induced by irrational government fuel economy laws and union laws to make myriad small, fuel-efficient cars with overpaid union workers, GM lost enormous amounts of money. By contrast, GM and other American automakers made money on larger, safer, more luxurious cars (which could more easily absorb the higher labor costs) including SUVs and Muscle Cars — cars the administration decries".
Government Motors, building overpriced, under powered, UAW built pieces of crap. Lets all sing the Internationale.... The much awaited Chevy Volt comes in at a whooping 40K. Gotta pay Union wages adding,...of course... the Soprano's "skim".
No self respecting conservative should be caught dead or alive in one. If you buy one however, bring an extra long extension cord. Oh by the way....don't you have to plug it into one of those outlet thingies...and aren't those damn things powered by a belching coal fired power plant in many areas of the country?
"GM has already gone down a less extreme version of this road — and it proved to be the road to bankruptcy. Induced by irrational government fuel economy laws and union laws to make myriad small, fuel-efficient cars with overpaid union workers, GM lost enormous amounts of money. By contrast, GM and other American automakers made money on larger, safer, more luxurious cars (which could more easily absorb the higher labor costs) including SUVs and Muscle Cars — cars the administration decries".
Government Motors, building overpriced, under powered, UAW built pieces of crap. Lets all sing the Internationale.... The much awaited Chevy Volt comes in at a whooping 40K. Gotta pay Union wages adding,...of course... the Soprano's "skim".
No self respecting conservative should be caught dead or alive in one. If you buy one however, bring an extra long extension cord. Oh by the way....don't you have to plug it into one of those outlet thingies...and aren't those damn things powered by a belching coal fired power plant in many areas of the country?
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