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Archive for November 2008

More Bailouts: Auto Industry

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This is getting ridiculous. I ranted about the bailouts before, I’ll do it again. SAY NO TO THE BAILOUTS! Now, Pelosi and Co. want to bailout the auto industry. ARE THEY FREAKIN’ NUTS!?! The most sensible comment on this actually came out of the White House:

White House spokeswoman Dana Perino said the companies had made business decisions “over the years that have led to this situation, but we have gone as far as we can with the authority Congress has given in order to help industries.”

While companies like Toyota and Honda were spending money on R&D for efficient, hybrid cars, Detroit was spending money on Hummers and gas guzzling trucks.

Now they want help because they made some stupid choices over the years. And to top it off, the freakin Dems are pushing for this bailout. This, on top of the news that the Wallstreet companies that received bailout money continue to spend on huge bonuses. In fact, news came out that AIG, which recently asked for more bailout money, spent $343,000 for a two day “sales meeting” at luxury resort in Arizona:

The company had already been under criticism for spending $440,000 for a weeklong retreat in California for top-performing insurance agents, just days after the U.S. government stepped in to save the company with a $85 billion taxpayer-funded loan.

But on Monday, ABC News reported on an AIG sales meeting at a luxury resort in Phoenix last week that cost $343,000.

“AIG made significant efforts to disguise the conference, making sure there were no AIG logos or signs anywhere on the property.

“An AIG spokesperson said there were no AIG markers in order to minimize signage costs and to lower the company’s profile.

“A hotel employee told (ABC), ‘We can’t even say the word (AIG).’”

Write to your representive in Congress and tell them NO MORE TAXPAYER FUNDED BAILOUTS!

Written by rabidliberal

November 12, 2008 at 11:16 am

2004: Realignment, Now More than Ever

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An 2004 article by Fred Barnes in The Weekly Standard, after the Republican victories in the House, Senate, and with Bush being reelected, exclaiming how the Republican majority was “expected to last for years, maybe decades”.

Listen to Walter Dean Burnham, professor emeritus at University of Texas at Austin, who is the nation’s leading theorist of realignment, the shift of political power from one party to another. The 2004 election, he says, “consolidates it all”–that is, it solidifies the trend that has favored Republicans over the past decade. To Burnham, it means there’s “a stable pattern” of Republican rule. “If Republicans keep playing the religious card along with the terrorism card, this could last a long time,” he says.

Democrats will have enormous difficulty overcoming “the huge weight of Republican strength,” he says.

Rove, leery of claiming too much for Republicans, said on Meet the Press on November 7 that “there are no permanent majorities in American politics.”

For Republicans to slip into minority status again, [Burnham] says, it would take a monumental party split like that in 1912 or “a colossal increase in the pain level” of Americans as happened with the Great Depression. Neither is likely.

The point of the article, IMHO, is that nothing is permanent and anything can change in an instant. Even for Democrats. So unless Obama can truely usher in an era of bipartisanship, we’re doomed to repeat history.

Written by rabidliberal

November 5, 2008 at 2:55 pm

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