Tag Archives: Senator Corker

Just Say No

Car people are nothing, if not salesmen.

NO. It stands alone as a complete sentence.

Salesmen know how to take NO for an answer.

The three Super Salesmen who flew into Washington on private jets to cajole Congress for billions of dollars Gimme Money for Detroit should be told in no uncertain terms NO, NO and NO.

Roll the tape to hear Senator Corker (R-TN) ask about their overseas EXPANSION.

Yeah, well, that’s ’cause we’re making money overseas. Duh, explain the Automakers Extraordinaire.

Can’t you transfer the needed funds from your overseas Money Makers to your stateside Losers?

Yeah, well, we’re expecting those operations to be affected as the crisis Goes Global.

Ah, so they want ANTICIPATORY protection?

Us, too.

Many of our personal financial woes are expected to worsen in 2009.

By Detroit Logic, for those of us whose portfolios have already taken a 40% hit and who apprehend additional setbacks in 2009, the Government should either waive our tax bills or bail us out. We are gratified that Hank the Bank has learned what we already knew, that it will not much help us if he buys stock in our devalued assets. We, too, prefer straight cash infusions.

What the hell kind of way is this to run a business OR a country? If THIS is our Change, if THIS is our new direction then, by all means, run the country like Detroit…it practically guarantees Gridlock. Gridlock is hell, as a rule. But if the options that lie ahead are a multi-car pile-up or driving off a cliff, Gridlock is Grace.

It defies Reason that the only people in Washington who know what they’re doing are up to no good, but it also defies Reason to ignore evidence.

Defiers R Us.

Congressional Weenies

I have been watching Congressional hearings on C-SPAN, notably Kucinich’s on hedge fund regulation and Dodd’s on ANOTHER bailout for Detroit.

Senator Bob Corker, Republican out of Tennessee is on the right track. Then he apologized for being harsh.

Senator Jon Tester, Democrat out of Montana, is further along the right track.  Man oh man, he NAILED ‘em, and he DIDN’T apologize.  Good on him.

But Senator Chris Dodd, Democrat out of Connecticut…who has some ‘splaining to do about his OWN perks from naughty naughty Countrwide…he was full of THANKS to the Three Caballeros, “You’ve been very very patient.”  Something about four hours.

Big Shots Wagoner at GM, Nardelli at Chrysler and Mullaly at Ford have been very very patient with US?

Perhaps Senator Chris Dodd is extra gracious to the Begging Billionaires BECAUSE of the personal benefits that he enjoyed as a member of smarmy Anthony Mozilo’s V.I.P. club over at Countrywide…the predatory lender (except to Congressmen, then a BENEFICENT lender) that fell so early in this Market Mayhem as to have nearly been forgotten in all the excitement.

The brief 30 or so minutes that I just watched will provide fodder for the next dozen posts, at least.

Big Three Bullshit ABOUNDS.  As to Gettelfinger, please.

Senator Corker: “How long do automakers pay autoworkers roughly 95% of their salary if a plant is idle?”

United Auto Workers President Ron Gettelfinger: “I don’t know.”

‘Nuf said. 

It seems to me that it is only a matter of sorting out which politicians and executives are incompetent, and which are complicit.