Showing posts with label GM takeover. Show all posts
Showing posts with label GM takeover. Show all posts

"Change is hard," so says Obama. It always is when Anarchy is the pathway for that "change." [See our list of Obama "firsts']

Obama tells activists ‘change is hard,’ in video message to Netroots Nation
By Meghashyam Mali - 06/10/12 08:36 AM ET  The Hill
President Obama taped a surprise video message for activists attending the progressive Netroots Nation conference, telling them that "change is hard, but we've seen it’s possible.     Four years ago, we came together because we shared a simple belief — that people who love their country can change it. And you have," he said.
"I know it hasn’t always been easy. I know the petty political fights in Washington can be frustrating, and believe me, I know that. But I hope you’ll look back and think about the fact that everything you did, step-by-step and day by day, has helped bring about the changes we’ve fought for. . . . . . .
Editor's notes:  it seems incredible that one would have to issue this reminder but such seems to be the case. Those who listen to Obama --  and, really,  Obama followers have little else to do but listen  --  seem to believe that "hope and change" began with the Slickmeister.  
Obama is moving the country in the same direction he and many of his predecessors  have directed for decades.  There is absolutely nothing new about the gay marriage issue,  or the Environmentalist Army or "universal health care,"  or the notion of wealth redistribution or the anti war movement  --  oops,  I forgot,  he is not anti-war,  just anti Bush's war --  or the social antics of Marxism's cradle-to-grave mentality.  
And the "hard" part?  That is because he is trying to accomplish what the masses do not want.  
Make note of the fact that he won the 2008 election with a 7 point margin and an approval rating of 65%.  This Rasmussen chart is a graft of those who strongly support his efforts and presidential policies.  Those who strongly disapprove have outnumbered those who are his strongest supporters every day of his administration since and including June 30,  2009 !!!  
Will the election be a close call?  I don't think so,  but many disagree.  If I remember correctly,  that is what they said about the Scott Walker recall election of last Tuesday. There was not a single poll taken that showed Walker winning against the recall by anything other than "the margin of error."  Instead,  he won by a very solid 7 %  --  same margin of victory Obama experienced in his first presidential election.  
Christmas 2009 and the White House tree/
shades of the Maoist, Anita Dunn.  
The folks oppose his assault on the Catholic Church and Evangelical values.  He lost the war with the Bain Capital thing and his attack on stay-at-home moms.  ObamaCare is so unpopular,  that it,  alone,  might cost him re-election.  He has a clown for a Vice President and some of the worst financial advisors in American history. Under his genius,  the US financial system was downgraded for the first time.  He is the first to meet with the press, in private and daily meetings throughout most of his first year in office.   He is the first president to give up secret information belonging to our allies  (England and Israel).  He is the first to hire Maoists and Marxists into our White House.  No president has ever aspired to ruling over church hiring practices before the "Christian,"  Barack Hussein Obama (Hosanna Tabor Lutheran vs EEOC),  or ordered people off their land using powers that he claims are above judicial review  (Sacketts vs the EPA).  He is the first president to take over a private company,  GM, and, in the same action,  destroy the retirement incomes of thousands of teachers and police,  primary GM bond holders all,  with legal rights under established contract law,  legalese that were ignored by this Anarchist in our White House.  He is our first president to have a "Mao" ornament hanging from the White House Christmas tree  --  an act that lead to a band on future photos of the Christmas tree.  He is the president who will be credited with allowing Iran to "go nuclear."  He is the first to have federal agents killed because of the idiocy of one of his DOJ gun-running programs.  He is the first to replace "harsh interrogations" with anonymous drone killings.  He is the first president in our history to meet with an avoid socialist/progressive movement in Netroots Nation  (understand that "progressive" is kinder, gentler term for "socialist."    He is the first president in our history to facilitate a "kill list" and to personally manage that list. He is the first president in the history of our country,  to order the name of "Jesus" covered over as a condition of a speech given at Georgetown University in 2009.  
May 7, 2009, Obama gives a commencement speech on the
campus of this [very] liberal Roman Catholic college, but not
before ordering the symbols for the name "Jesus" covered
over . . . . . . . . . .  and this Jesuit school bowed to his pagan
demand  (link to story)

I could go on,  but the point is made:  things are hard for this novice in our White House because this expansive list of "firsts."  We can only hope that on the first of next year,  we need to be able to celebrate the end of his term as "president."  
_____________________________

End notes:  Netroots Nation

From Wikipedia:  


Netroots Nation is a political convention for American progressive political activists, originally organized by readers and writers of Daily Kos, a liberal political blog. It was previously called YearlyKos. The 7th Annual Netroots Nation conference will be held in Providence, Rhode Island from June 7-10.[1]
The origin of Netroots Nation is traced to a time when a tremendous and growing number of citizens gathered every day in the virtual world to raise their collective voice and proactively influence their government. That group is broadly called theNetroots and has since grown to include progressive organizations and politicians who use new media technologies to communicate with their constituents. The convention rebranded to Netroots Nation in 2007 in an effort to more accurately reflect the makeup of its audience and mission of implementing programs that teach and empower Netroots communities to effect change in the public sphere.
The first ever Netroots UK (http://www.netrootsuk.org) was held in January 2011. The second Netroots UK will be held June 30, 2012 in London.
Netroots Sweden (http://www.socialdemokraterna.se/netroots) was held April 27-29 in Stockholm.
Netroots Nation is a joint project between Netroots Nation, a non-profit non-partisan organization that aligns itself with the Democratic Party, with support from the Netroots Foundation.

Don't you love that last sentence:  " . . . . non-partisan organization that aligns itself with the Democratic Party . . . . . "  Just more BS from the Left, and to think there are those who don't see the contradiction.  


Report out today challenges the so-called "benefits" of the Obama auto takeover. America lost 68,000 in that deal.

Editor's notes: A report to be officially released later today, Monday, by the special inspector general for the government's bailout program, raises questions as to whether the Obama administration's "auto task force" considered job losses from dealership closings while pressuring the companies to reduce costs.

According to the report ( PDF: Audit findings ), Treasury did not show why the dealership deletions were "either necessary for the sake of the companies' economic survival or prudent for the sake of the nation's economic recovery," per Neil Barofsky, the special inspector general for the Troubled Asset Relief Program, the "$787 billion" ** stimulus program known as TARP. CNN calls Barofsky the "bailout watchdog," and that is exactly what he is. Again, Barofsky is the "special inspector general for TARP" and has clashed with Treasury before over other issues. He has received investigative requests from the Left Wing Nut, Alan Grayson (D- Fl), last year, as well as Darrell Issa (R- CA) with regard to the Administration's decision making process for the dolling out of 2 billion dollars of Stimulus money to several states (but not all states equally).

"Treasury [code for "Obama" - jds ] made a series of decisions that may have substantially contributed to the accelerated shuttering of thousands of small businesses potentially adding tens of thousands of workers to the already lengthy unemployment rolls — all based on a theory and without sufficient consideration of the decisions' broader economic impact," the report said.

Darrell Issa, the ranking minority member of the U.S. House Committee on Oversight and Government Reform, believes the report evidences the suspicion that the push to close Chrysler and GM dealerships within days of the Obama decision to take over these companies did nothing to insure the survival of these companies -- on this, we (Midknight Review) are talking [specifically] about the haste of these decisions as well as the individual decisions, themselves. Understand that the Collectivist Regime of Obama and Company used the need for "immediate action" to get its way with the February '09 Stimulus, the '09 Omnibus bill of $460b, the idiocy of the year long healthcare legislative process *** and the July '10 passage of the socalled "Wall Street reform bill." When "panic" and "immediacy" were added to these legislative processes, the ability to evaluate the resulting legislative restructuring was taken away. The result ?? Obama and his Marxist buds were able to accomplish much of their agenda without outsiders -- as in the rest of Congress and the American people it representes -- having a voice in the matter or a view of what was really happening.

Since the Obama-forced takeover of GM and Chrysler in February 2009, dealership related shutdowns have cost 35,300 jobs, a decline of about 3.3% per U.S. Bureau of Labor Statistics. In addition to these private sector jobs (sales and service) , U.S. auto manufacturing has lost more than 32,700 jobs in the same period for a total of 68,000 jobs lost by April of 2009. Understand that in the middle of a recession, Obama destroyed 68,000 jobs all for the purpose of implementing his "fundamental transformation" of this great nation. This is not to mention the loss of millions of dollars to retirement funds of police and teacher unions invested as primary stockholders in the two auto companies. These unions lost 60 cents on the dollar, according to economic estimates.

We were led to believe that the 85 billion dollar price tag for this takeover would be repaid by the auto manufacturers which were now owned by their unions. We have discovered of late that less than 7billion will be paid back. In March of this year (2010's "first quarter'), GM put out that they had paid back the required 6.6 billion "5 years ahead of schedule" and the simple minded Lefties bought into this obvious lie (PERMALINK).

Know that Conservative pundits including Midknight Review, did not fall for this idiocy. GM had lost money in each of the 4 quarters of 2009 including a 3.4billion dollar loss in the last quarter of that year (Bloomberg reports) and, then, suddenly had enough "profit" to pay back the socalled 6.6 billion dollar loan from the American Government in the first quarter of this year !!!!?? We rather believe that the money came from funds made available to the Administration in legislation passed on Dec 24 of 2009 giving our new found Marxist friend of the people unfettered access to Fannie and Freddie.

End notes:
** What is laughingly called the "$787 billion Stimulus" in February of 2009 has ballooned to $914 billion, including 3 unemployment benefit allocations since the passage of the Stimulus - fast approaching 20% over budget in just 17 months.

*** Understand that the healthcare bill was/is little more than a 2700 page outline of its final statement. It is not that we do not know what is in the bill because we have not read the thing. Rather, we do not know what is in the bill because IT HAS NOT BEEN WRITTEN as of this date. Businesses cannot plan their strategies because NO ONE KNOWS how the bill will work, how many agencies will actually be counted into the mix, how the IRS will manage to police the bill's enforcement, the final cost of the bill (not even close on this one.) or the written content of the bill !!!

(c) J David Smithson
Midknight Review
Posted 1.53 am July 19, 2010
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