Do you find it amusing that our Congress is criticizing our Auto Makers about being financially responsible?
September 28, 2011
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Posted by admin
Hi,I did the following:
Question: Do you find it amusing that our Congress is criticizing our Auto Makers about being financially responsible?
I agree, it is more hypocritical than amusing, even when using amusing as sarcasm.
How frustrating has our government become?
The following is the answer:
Answer by CAVEMAN THINKING {RULES}
Thats is funny
Answer by leavin#1
http://ca.youtube.com/watch?v=P772Eb63qIY
Totally ridiculous for the Government to criticize anyone about money or morality.
Answer by hironymus
The pot calling the kettle black. It has been a long time since Congress has done anything intelligent.
Answer by Der Fuhrer Adolf Obama
No, I find it hypocritical and pathetic. Congress and the entire federal government has indebted this nation yet they are trying to tell the auto industry how to run THEIR business. Good grief!!
Answer by 1984
Another indication that Government isn’t the answer.
When you look at a free market you’ll see that like nature itself it maintains its health by cleaning and ridding itself of the failures in the system.
If a species can’t adapt it becomes extinct
If a company can’t compete it goes out of business.
Either way this concept of the survival of the fittest ensures the health and survival of the planet and a healthy business environment in which the whole prospers and multiplies as a natural result to its successful adaptations.
In Government you see the reverse as it strives to adjust the natural order by ensuring the survival of endangered species, businesses and agencies which are not efficient enough to survive on their own .
The Market fears that this Governmental inefficiency and waste will finally cause this countries economy to be brought to it’s knees from excessive regulation, control and a wrongheaded political agenda’s that supports the notion that if you throw enough money (yours) at the problem you can fix it.
And we want to hand these guys more power to control and regulate the market and control our personal lives?
They should have been charged with high crimes and misdemeanors for their bail-out nation plans and misuse and management of our money.
I mean would you want or allow these guys to stay on the board of directors in your coop or condo, the company you work for ….?
Help !
Be Afraid 1984
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Categories: humorous story
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Tags: About, Amusing, Auto, Being, congress, criticizing, financially, Find, Makers, responsible, That
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it is amusing, like a 10 year old chastising an 8 year old.
what balls!!
Not amusing as much as hypocritical. The first bailout was done in such hurry without enough restrictions and oversight. Now, everybody has their hand out. Where is it going to end?
Especially considering Auto Makers are doing it with private money, while Congress is irresponsible with public funds.
I blame the democrats in congress, they are at fault. Thank you barney frank and others.
I find it reprehensible. Congress has irresponsibly squandered trillions of taxpayers’ money on an unconstitutional, illegal, immoral ‘war’ – and now on $ 8.5 TRILLION in ‘bail outs’ to arrogant investment brokers, swindling mortgage lenders, incompetent bankers, greedy hedge fund speculators, pompous insurance conglomerates and – now – capricious auto manufacturers. Next we’ll see the newspaper conglomerates lining up for their corporate welfare checks, followed by pharmaceutical giants and mega-million-dollar medical firms.
The long-term impact of all this ‘bail out’ money is staggering. Such give-aways will NOT strengthen the economy. It only serves to provide soft landings for the fat cats once we hit rock bottom (which, I predict, will happen by October, 2009 as we sink into the worst economic depression in U.S. history).
GM’s CEO said, “Bankruptcy is not an option.” BULL! Let the big Three go belly up. Toyota, Honda, Nissan and other ‘foreign’ car makers have dozens of profitable auto plants in the U.S.A. because they don’t have the corporate cultures that the “big three” have. You don’t see their CEOs flying around in corporate jets, earning 600 – 800 times more than the assembly line workers.
Better that we let these gluttonous ‘big three’ automakers fail. Then the government could make low-cost loans to small groups of private investors who could – for example – buy the Buick Division and build a car that lasts for 20 years and gets 200 mpg. Or let a small group of investors buy the Pontiac Division and create a car that runs on compressed air.
The government would have been better off to give every legal U.S. household earning less than $ 50,000 a year a ‘stimulus check’ for $ 100,000.00. Not only would it have been far less costly – it would have stimulated the economy because people would have spent that money on new cars, new appliances, homes, and other things.
This ‘bail out’ scam is the worst crime ever perpetrated on the U.S. taxpayers. Members of Congress who agreed to give away these trillions of dollars to greedy business leaders deserve to be impeached for high crimes against the American people.
The ‘bigger’ any organization, corporation or government gets, the less manageable it becomes and the fewer people benefit from it.
That’s the lesson we need to learn from this economic fiasco. “Big” isn’t best; indeed, “small” is much better. Had there been sixty “small” auto manufacturers in the U.S. instead of three “big” ones, we wouldn’t be in this mess. -RKO- 12/06/08