Wednesday, February 4, 2009
Wednesday, December 10, 2008
Trouble for the Auto Industry Bailout
Reports indicate that there is less confidence that the auto indusrty bailout will be passed. Many Republicans and some Democrats question whether the bailout bill will use taxpayer's dollars effectively. The Bloomberg article Democrats Back Off Prediction of Automaker Bailout Approval describes the latest version of the bill.
This, however, does not address the inherent problems with these businesses. Preventing the "paying dividends and owning or leasing corporate jets, and pay and bonuses" addresses none of the major problems with these companies. A limit on excesses misses the basic fact that these are failed companies, who can't garner loans from anyone other than Congress. The only check or change that this bill implements is 'a car czar'; the powers of which Chairman Barney Frank tried to explain...
So this 'car czar' a likely member of the Commerce Department will be apparently appointed by President Bush then replaced by the future President Obama, and he shall be granted 'head knocking abilities'.
Chairman Frank went on to state that the auto industry will likely need to be granted more money in the future, something Speaker Pelosi has also stated. This does not instill confidence that this bailout will be anything but a waste of money.
A few basic questions for lawmakers...
How will this money fix the failed business policies of the auto industry?
How many bailouts and/or how much money will be paid to the automakers total?
What's wrong with bankruptcy?
What are the requirements for being granted a government bailout?
This is still not an rational solution. Ask your representatives not to support this bailout bill, and make them at least answer the basic question, 'how will this money fix the problems that the auto industry faces?'
Contact Your Senator
Contact Your Congressman
Continued Problems with the Automaker Bailout
The Democratic proposal would let the president appoint a so-called car czar to oversee industry restructuring, and give taxpayers stock warrants equal to 20 percent of the loans. It would prohibit the automakers from paying dividends and owning or leasing corporate jets, and pay and bonuses would be limited.
This, however, does not address the inherent problems with these businesses. Preventing the "paying dividends and owning or leasing corporate jets, and pay and bonuses" addresses none of the major problems with these companies. A limit on excesses misses the basic fact that these are failed companies, who can't garner loans from anyone other than Congress. The only check or change that this bill implements is 'a car czar'; the powers of which Chairman Barney Frank tried to explain...
‘Head-Knocking’
Frank told reporters today the bill would give the car czar “a great deal of head-knocking ability” with “a lot of the powers that you would get in bankruptcy.”
The official would have the power to veto participating automakers’ plans to invest abroad, Frank said. Lawmakers want to ensure the companies don’t “take American taxpayer dollars and expand in other countries rather than here, or shut down a plant in America while expanding a plant elsewhere,” he said.
Because Bush and President-elect Barack Obama are unlikely to agree on a czar, Obama will likely replace Bush’s pick as soon as he takes office, Frank said. The Bush administration has said the official should come from the Commerce Department.
So this 'car czar' a likely member of the Commerce Department will be apparently appointed by President Bush then replaced by the future President Obama, and he shall be granted 'head knocking abilities'.
Chairman Frank went on to state that the auto industry will likely need to be granted more money in the future, something Speaker Pelosi has also stated. This does not instill confidence that this bailout will be anything but a waste of money.
A few basic questions for lawmakers...
How will this money fix the failed business policies of the auto industry?
How many bailouts and/or how much money will be paid to the automakers total?
What's wrong with bankruptcy?
What are the requirements for being granted a government bailout?
This is still not an rational solution. Ask your representatives not to support this bailout bill, and make them at least answer the basic question, 'how will this money fix the problems that the auto industry faces?'
Contact Your Senator
Contact Your Congressman
Continued Problems with the Automaker Bailout
Tuesday, December 9, 2008
New Blogs etc
I started blogging this election cycle as a way to support Senator McCain for President. Now that race has ended, I'm interested in blogging at different sites for different purposes. I will continue my original site Broad Side of the Barn as a light hearted site with some useful resources, however, it is in serious need of updating. Blog topics typically will fall under the heading of internet or politics, but other topics will be addressed as well. Some of these sites are derivatives of ones set up during the election, many of them still need significant work. Here are the blogs I plan on posting to and developing at this time. Thank you for visiting.
Here are a variety of other sites of interest. The Maine Tool Room, Dr. Dog Health Care, Blogs for Victory, USA.gov, Network for Good, The Red Cross, The Smithsonian, Zannel, AARA News Service, Real Clear Politics, Joe Lieberman, Righty Blogs
Wednesday, July 30, 2008
McCain Obama News Links
The Audacity of Ego - Boston Globe
Obama’s Prayerful Stagecraft – National Review Online
McCain Gains On Obama in Poll – ABC News
Why You Think Obama Is Dangerous – Canada Free Press
McCain Wins Rochester Again – Fosters Democrat
McCain campaign: Obama shortchanged injured troops - AP
John McCain: One Prisoner of War's Fresh Appraisal of U.S. in 1973 – US News and World Report
Why Obama snubbed the troops: no photo op allowed - Hot Air
Obama: I Have Become a Symbol - Washington Post
McCain Promotes Drilling for Oil Off the US Coast – USA Today
Women voters aren't warming to 'cool' Obama – Chicago Sun
Obama’s Prayerful Stagecraft – National Review Online
McCain Gains On Obama in Poll – ABC News
Why You Think Obama Is Dangerous – Canada Free Press
McCain Wins Rochester Again – Fosters Democrat
McCain campaign: Obama shortchanged injured troops - AP
John McCain: One Prisoner of War's Fresh Appraisal of U.S. in 1973 – US News and World Report
Why Obama snubbed the troops: no photo op allowed - Hot Air
Obama: I Have Become a Symbol - Washington Post
McCain Promotes Drilling for Oil Off the US Coast – USA Today
Women voters aren't warming to 'cool' Obama – Chicago Sun
Thursday, July 17, 2008
Sunday, May 11, 2008
Importance of Linking
A Blogger Tip from McCain Blogger Resources
The importance of linking is not only the traffic generated through that link, but links are a key element of how search engines determine the importance and ranking of a site. With a group of like the McCain/MV08 bloggers, it is simply beneficial to all involved to give another site in the network, your buddy, a friendly, or well-liked site a link. Here are some ways people like to link...
The Quote: "The House of Representatives faces a historic choice next week when it votes on whether or not to pass the New GI Bill. This vote decides whether our nation will honor its newest generation of veterans and invest in the future of the men and women who have been serving in harm's way. We need your help." from Mad Irish Man's Conservative Consortium
The Plug: Here a couple new blogs worth checking out...
McCain Independents focuses on Snator McCain's support among Independent voters.
Now Hampshire - New Hampshire news and politics.
The Story: John McCain shows support from a wide range of groups including Blue Dog Democrats, Independent Voters, Jewish Voters, McCain Moms, Libertarian Voters, Rudy Supporters, Veteran Voters, and Asian American Voters making up a broad coalition of voters.
*Also and example of keyword links.
Keyword Links: In it's simplest form these links use relevant keywords to link to sites or particular pages within a site. This can help a site/page win over particular keywords. They can be within the context of an article or simply as a random group of words as follows...
Bassoon Profiler Bassoon Reed Profiler Bassoon Reed Carver Oboe Gouge Machine Oboe Gouger Oboe Reed Gouger Dog Lawn Dog Lawn Spots Natural Flea Collar Dog Insect Collar Cat Glucosamine Purple States
The importance of linking is not only the traffic generated through that link, but links are a key element of how search engines determine the importance and ranking of a site. With a group of like the McCain/MV08 bloggers, it is simply beneficial to all involved to give another site in the network, your buddy, a friendly, or well-liked site a link. Here are some ways people like to link...
The Quote: "The House of Representatives faces a historic choice next week when it votes on whether or not to pass the New GI Bill. This vote decides whether our nation will honor its newest generation of veterans and invest in the future of the men and women who have been serving in harm's way. We need your help." from Mad Irish Man's Conservative Consortium
The Plug: Here a couple new blogs worth checking out...
McCain Independents focuses on Snator McCain's support among Independent voters.
Now Hampshire - New Hampshire news and politics.
The Story: John McCain shows support from a wide range of groups including Blue Dog Democrats, Independent Voters, Jewish Voters, McCain Moms, Libertarian Voters, Rudy Supporters, Veteran Voters, and Asian American Voters making up a broad coalition of voters.
*Also and example of keyword links.
Keyword Links: In it's simplest form these links use relevant keywords to link to sites or particular pages within a site. This can help a site/page win over particular keywords. They can be within the context of an article or simply as a random group of words as follows...
Bassoon Profiler Bassoon Reed Profiler Bassoon Reed Carver Oboe Gouge Machine Oboe Gouger Oboe Reed Gouger Dog Lawn Dog Lawn Spots Natural Flea Collar Dog Insect Collar Cat Glucosamine Purple States
Friday, March 21, 2008
Patience Please
Web Inqiry and its parent site Broad Side of the Barn are under going changes/construction. Please be patient a useful active blog will be up an running shortly.
Subscribe to:
Posts (Atom)
