The Conservative Cave
Current Events => Economics => Topic started by: franksolich on May 28, 2009, 11:32:08 AM
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http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Furor-grows-over-partisan-car-dealer-closings-46261447.html
Oh my.
Why am I not surprised?
Furor grows over partisan car dealer closings
Evidence appears to be mounting that the Obama administration has systematically targeted for closing Chrysler dealers who contributed to Repubicans. What started earlier this week as mainly a rumbling on the Right side of the Blogosphere has gathered some steam today with revelations that among the dealers being shut down are a GOP congressman and closing of competitors to a dealership chain partly owned by former Clinton White House chief of staff Mack McLarty.
The basic issue raised here is this: How do we account for the fact millions of dollars were contributed to GOP candidates by Chrysler who are being closed by the government, but only one has been found so far that is being closed that contributed to the Obama campaign in 2008?
Florida Rep. Vern Buchanan learned from a House colleague that his Venice, Florida, dealership is on the hit list. Buchanan also has a Nissan franchise paired with the Chrysler facility in Venice.
"It's an outrage. It's not about me. I'm going to be fine," said Buchanan, the dealership's majority owner. "You're talking over 100,000 jobs. We're supposed to be in the business of creating jobs, not killing jobs," Buchanan told News 10, a local Florida television station.
Buchanan, who succeeded former Rep. Katharine Harris in 2006, reportedly learned of his dealership's termination from Rep.Candace Miller, R-MI. Buchanan owns a total of 23 dealerships in Florida and North Carolina.....
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We have to tread lightly with this issue, especially since the reportage is not entirely in...
...but it could be substantial.
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Where there's smoke, there's fire, kids. This is the "hope and change" people voted for. Say what you want about Clinton, but even he wasn't this brazen.
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Michelle Malkin was on FNC this morning talking about this.
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Where there's smoke, there's fire, kids. This is the "hope and change" people voted for. Say what you want about Clinton, but even he wasn't this brazen.
I think the most egregious abuse of power from Clinton was the FBI files--some 500 in number--being found in the possession of an "aide" who had heretofore literally been a bar bouncer.
That's scary-nasty mud-slinging but--IF true--this is a whole new level. He can't send the police to shutdown they-who-dare so he just coops the parent company and revokes franchise licenses.
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I'm still waiting to see which plants GM and Chrysler close after the dust settles. Will they all come from "red" states or will some from "blue" states be closed?
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I'm still waiting to see which plants GM and Chrysler close after the dust settles. Will they all come from "red" states or will some from "blue" states be closed?
Hells bells...have you seen how creditors were given .30/$1 and told to suck it while the unions had their stakes doubled?
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Hells bells...have you seen how creditors were given .30/$1 and told to suck it while the unions had their stakes doubled?
Yep, and any union controlled company is going to have trouble getting loans and selling bonds just for that reason. Secured bond holders were told to suck it, by 0Bama and accused of being greedy.
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Come on y'all.
You didn't actually expect a community ACORN organizer to play fair did ya?
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Yep, and any union controlled company is going to have trouble getting loans and selling bonds just for that reason. Secured bond holders were told to suck it, by 0Bama and accused of being greedy.
There was a related story where several hedge funds and major capital investors have already stated they won't be investing in companies which utilize large unionized labor pools.
Guess what else that leaves out, kids? Brainstorm and see what all you can come up with.
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There was a related story where several hedge funds and major capital investors have already stated they won't be investing in companies which utilize large unionized labor pools.
Guess what else that leaves out, kids? Brainstorm and see what all you can come up with.
For starters, the car companies when they need cash for research on meeting the new CAFE standards. That's going to hurt Ford the most, since the government already has a vested interest in the unions , I mean in GM and Chrysler, the fed will keep pumping our money into them.
Then I can see a big problem with any new "green energy" companies that get government grants. No one else will want to invest in them, because most likely they'll be forced to be unionized by 0Bama.
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Whatdya mean forced to unionize? They already are. Ditto with the "regular" utilities, road construction on all but the smallest contractors--and even those will be forced to pay "prevailing" wages, etc., etc., etc...
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I heard of this on a local talk radio show. Sounds credible to me.