On 30/12/2009 6:43 PM, nom=de=plume wrote:
wrote in message
...
On 30/12/2009 10:13 AM, John H wrote:
On Tue, 29 Dec 2009 20:45:20 -0700,
wrote:

On 29/12/2009 8:41 PM, Bill McKee wrote:
http://sports.espn.go.com/ncf/news/story?id=4725887

What with 10-20% unemployment, terrorists, economic melt down, they
schedule
hearings on a college football playoff system.

Fire them all for incompetence!

They want to play football so they can fumble it and not cost $100
billion. Might be progress for the dim-wits. Either that or they ran
out of credit.

No, they want to esblish an Office of Football Management, with it's
own Czar and several thousand underlings. They'll show how well it
works, and then establish the same for baseball, basketball, hockey,
and socker. Maybe rugby also. Then they'll need a Department of Sports
Control with another cabinet member and a few thousand more
underlings.

It's the socialist way.

I hope they play football.

As they are now going to pork more money into GMAC to hell bailout Warren
Buffet. Now poeple can't afford boats. Many loosing their jobs and
homes, even families because they fall short of cash to pay bills in this
failing economy of debt and corruption.

And they continue to use the tax system to bailout corrupt corporations
and banks where the executives need to be so fired for gross negligence.
No accountability, SOX was a huge waste of time.. not enforced. Not one
GM, Chrysler or banker has even been charged for the fraud. I say fraud
as GM even had a successful class action judgement for mistatement of the
books, and Wagoner gets a $20M pension.

Think, 4-5 years ago GMAC bragged how much money it had. Wonder where it
went? If I were president I would send in accounting forensic experts and
turn GM& GMAC upside down.

This so stinks. I will not buy a GM, GMAC, Chrysler, Carlyle, Cerberus,
CAW/UAW piece of crap again...makes me so mad.


It is very frustrating... I understand the economics of why they're doing it
I suppose, but it still stinks. Wagoner should get nothing.

I own an ancient Ford pickup and my "real" car is German, which impresses me
and the occasional client. I never much liked GM's offerings.

Unfortunately the road to hell is paved with good intentions. What is
it morally or ethically correct to tax people for corprations with
malace and negligence operate a company beyond bankruptcy and in a
material way that is in fact fraud?

What justifies it? Saving a few jobs? For what this is costing the
taxpayers it would be cheaper to put them all on unemployment benefits
for 10 years or more if needed and conficate the assets in chapter 7 for
recovery of what is left.

And who is bailing out he other 98% that lost jobs? How many will loose
jobs, have lower wages, lesser prospect for decades as the mountain of
liberal debt gets a good tax rape on business and individual taxes? On,
banks will win, that is why the biggest debtor, goverment wants them.

I don't think it is about jobs. It is about congress/government not
doing the job of shutting down the GMs and the Chrylsers some 5 to 8
years ago as they have been bankrupt for a very long time. It is about
rich cats like Buffet and the client lists of Carlyle and Cerberus
calling politicians with gentle conversations about who to donate to.
It is about spining a good BS story that GM is too big to die.

GM isn't too big to die. At least two other larger companies than GM
died without bailouts and the sky didn't fall. Thousands of others have
died and it doesn't even make the papers. Many died and unemployed
thousands without bailouts before GM bankruptcy because they couldn't
force GM to pay it's damned bills.

In part, this is about a growning reality that the American system has
become corrupt. No different than a Chavez or Castro. Castro
nationalized. How does Chavez taking Connoco Phillips assets and asking
people to work for less and different than what Washington DC is doing
with taxations and GM/GMAC and others?

Freaking bunch of hypocrits.