Talk Amongst Yourselves Today, Jello Heads

I’m afraid there’s no to time to post today. I have a final exam this afternoon for my online class, and no matter how many classes I take (or teach), or no matter how many degrees or certificates I decide I must have (yeah, I’ve got a couple), I will never get over “test anxiety.” So even though I have lots of posts rolling around in my head right now (big 3 auto execs drive to DC? Big whoop! Just another example of how clueless they and how much they need to be told what to do!), I kind of need to focus elsewhere today.

So think good thoughts for me today between 2 and 5 pm (that’s EST, Tengrain). And until I’m back here tomorrow, please visit

All My Favorite Troublemakers and Rabble-Rousers

(Over there) finger_pointing_027

Advertisements

4 comments

  1. Big 3 Bailout?

    Today’s the day that the Big 3 automotive CEOs return to the Senate to beg for a bailout. For instance, GM is asking for $18 Billion, and, to show sincerity, the GM President drove his two other buddies from Michigan to DC in a hybrid Chevy Malibu. And he has joined them in saying he’d settle for a $1.00 salary this year (but has not mentioned any multi-million dollar bonuses or stock option plans.)

    The $18 Billion is a problem that Michael Moore pointed out on the television last night, since GM’s share value is only $6 Billion … they are asking for 3 times what the company is worth.

    As Moore says, if that is the financial situation then we are not bailing them out, we are buying the company… and if we do that, shouldn’t we be determining what they are going to build? Shouldn’t we be determining who they can and cannot lay off? Shouldn’t we function as owners and not suckers?

    Harry Reid doesn’t think the votes are there in the Senate to approve this. I don’t know if this keeps Paulson from handing some of the Treasury’s $700 Billion to GM or Ford or Chrysler… or if he can legally.

    The word is that if one of the Big 3 goes out of business it will trigger a move from recession to depression. Of this is true, we are set for a bumpy ride into the Obama Administration.

    Under The LobsterScope

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s