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Socialistic undertones, Jim. Socialistic undertones.
Welcome to the real world…

OK. I see it’s time to beat up on the greedy capitalists.

First reg, with my headline “Socialism moves on as planned”, it was unintentionally misleading. I meant it to refer to President Obama’s plan’s for Chrysler, and, likely to follow soon, GM plan for survival. Not some grand plan for Socialism to replace Capitalism.

He, and we, were thrust into very difficult circumstances by out-of-control (regulation) capitalism, not socialism. But I do believe his approach to solving these car company troubles, already there before the economic disaster btw, has socialistic undertones. The bedrock of a free and dynamic economy is law enforcement of contracts between a lender(without lenders we have no capital) and a borrower(without borrowers we have no homeowners or jobs). Preferred lenders are lenders, typically 401k or retirement funds of other companies employees, that have been invested in secured bonds at much lower interest rate and on the laws contract promise if a company fails, they to be the ‘first’ to be paid, not the failing company’s employees for godsake.

I know it was the extremism of the Bush, etc, pro-capitals regimes that handed us this financial disaster, due to their equally faulty ideology of purely free unregulated capitalism craziness. And they got what was coming to them, loss of power. But it is not helping our country, and I reserve the right to criticize what needs critiqued, to use capitalism craziness as an opportunity to increase the damage with some socialism craziness.

This is not the time to hand out money we do not have for more non-job-creating social freebies, further indebting and weaking our ability to restore lenders/investors confidence to risk money for future business/jobs growth. This is not the time to be showing governments willingness to break basic contract law, scaring the hell out of lenders/ investors willingness to invest in our home loans and job creating businesses needed for recovery of this serious economic slump.

My position is we must demoralize with harsh criticism extremists on both sides of the political spectrum in order to restore and maintain sanity for the large majority in the middle. I want President Obama to be holding hearings on why and how the f–king crooks on Wall Street were able to pull off the biggest bank heists in history. I want to see some of these bastards sweating before congressional hearings, trying to get to the bottom of this disaster, so we can pass laws to stop it in the future. I want them investigate by the DOJ and I want to see many of them doing the penguin walk in full chains before Judges. This is were I want President Obama’s DOJ Lawyers spending their time for Christsake!

Senior creditors: Chrysler deal violates 5th Amendment

Next, watch Obama try to pack the Supreme Court.

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Just for you, reg.

The Latest Democrat Response to FOX News
Obama was tricked!!!!
He did not intend to bow to the Saudi king. Check the photo closely!
(LINK to photo)

In fact the “centralized government” failed miserably to do the right thing when SUVs were exempted from CAFE standards. Democrats are complicit in this near-criminal end-run around environmental standards that were gained during the Carter Era along with Republicans. The “centralized government” gave way to corporate AND self-interested, short-term union power when push came to shove.

All I can say is that on most things JIMMY CARTER WAS RIGHT. With a couple of terrible major exceptions – i.e. giving the nod to Islamic extremists in Afhganistan, who were actually WORSE than the Russians (although nobody gives a shit, I was of the opinion at the time we were throwing in with the greater of two evils), and opening the doors to the era of de-regulation, which over the long run actually corrupted and weakened US business.

On the car-marker front: it wasn’t ideology or the UAW that was insisting Chrysler build only big gas guzzlers. Chrysler management was following the short-term profits on trucks and mini vans. Based on the hope of cheap gas forever. Just like GM. (And btw, it wasn’t the UAW that scrapped GM’s EV1 10 years ago – think how much further along the Volt might be today…) Although something should be said for when the housing market tanked it dried up the construction industry. The truck market was a very predictable victim.
But here’s the real point, and it’s got nothing to do with ideology. The bond holders had their chance. They should have read the writing on the wall when Wagoner got axed. A government BK was clearly in view on the horizon. The UAW has been dealing with this mess based on reality and they’re very shrewd at the negotiating table. They’ve shown a willingness to sacrifice and make concessions to stay alive. No doubt because of that, President Obama won’t throw the workers overboard. That’s admirable. Gettelfinger and the UAW have played a weak hand fairly well. That’s more than Chrysler, or GM, can say.

Socialism moves along as planned.

The current government, after charging billions on the peoples charge cards to support unsupportable union paychecks and benefits that have brought Chrysler to its knees

Jim. Rather than your sticking your fingers down your throat to regurgitate the Fox News vomit as what got splattered above…I heartily recommend you and those with the same political bulemia undergo a little course of theraputic torture…you know…just enough to make you talk sense and tell the truth.

Yep, those were heady days for Jim R. and his undeclared, it’s-war-when-I-say-it-is” war(s). Or John McCain to the lady who asked him, how will we know when the war is over?: It’s over when the President says it is.” And they’re beating up on poor Condi Rice…..

Today’s Daily Howler does a nice job reminding us how the likes of Chris Matthews (born again, praise Jesus!) got us into this mess, while they’re none too swift champions like Marc Cooper cheered them on. How did an idiot like Bush get to be President? Well, there is Cooper’s “it’s all Bill Clinton’s fault” approach.

Alas, they’re is also everything every “equal opportunity offender” like Cooper spent those years writing. Obviously, had Al Gore been elected these torture policies would have never seen the light of day. So the guilt of those like Coop who told us both sides were the same can never be fairly ignored.

I think the founders to specific exception to this notion, but didn’t restrict it to just one party.

Guys like you are the real anti-patriots pal. It’s guys like you, with no allegiance to any principle of any kind, who really threaten the long-term prospects of the republic.

Power is limited for a reason. The last eight years should make that point very obvious.

I can’t imagine a more “self-destructive moral extremism” on the part of Glenn Beck idiots screaming “Socialism!”

You guys are even dumber than I thought you were when you were living in the Bush-Cheney Asshole of Doom…

Enjoy life at the margins of America.

Incidentally, when did you take this position ? Oh yeah – backed into a corner….

I say bring it on…please. I fully trust the common sense of the people to define what is torture, as opposed to self destructive moral extremism. It will be the best event I can think of to guarantee the current party a one term rule.

The current government, after charging billions on the peoples charge cards to support unsupportable union paychecks and benefits that have brought Chrysler to its knees, is trying to force an agreement with preferred stock and bond holder investors, that under standard contract law are the ‘first’ in line to recover any value left in a bankrupted company, that gives the Union the preferred controlling share instead while handing the company management over to a foreign company that will not only benefit from the debt put on American’s charge cards, but will continue to get more charge card debt as needed to support the unsupportable paychecks and benefits of the UAW and the new foreign management.

And why you would logically ask a President would want to do such a thing? Because it is another ideological belief that workers must not lose jobs and Chrysler is to blame for building automobiles the environmentally conscience Americans didn’t want. It is ideological belief that the Americans want smaller Italian cars and Fiat will provide them at American investors and taxpayers expense.

It is an ideological belief that a centralized government knows what the people want, and if they don’t, by god it’s what’s good for them and they cannot be trusted to make important choices for themselves. It is an ideology well known and well tried throughout history. In it’s milder form it is known as Socialism. In it’s extreme form it is known as Communism.

As history has shown, it is an ideology built on an impressive idea, all for one and one for all, with central government enforcing this grand idea. And it is a grand and worthy idea that can and does grip the conscience of our good side. The problem is, as history has shown over and over, it fails miserably favor of another idea that recognizes an even more powerful motivator of human nature. Freedom and self pursuit.

finally – a president we can believe in.