items. It's an outgrowth of a discussion on social media. The upshot is
that the person who started this one agrees with OBAMA AND THE DEMS ON
POLICY. As regular readers of this blog know, I don't.
Bush was brought up in this discussion and to some extent, that's fair game
as he did some things I don't agree with. Chief among these were TARP and
the auto industry, aka UAW, bailout.
Before you talk about the GOP remember that the Democrats in Congress never
bothered to pass a budget last year. How shameful is that? It's plenty
shameful as it shows that the Dems aren't doing their job as responsible
leadership demands that they pass a budget. The Dems also don't want to
enact any spending cuts. They just want to spend like drunken sailors ,
something that cannot be sustained. Obama wants to re-distribute wealth by
taking it from the rich and giving it to others. That's called socialism as
he wants everyone to be equal.
Don't even get me started when it comes to the unions. They couldn't even
get card check, aka forced membership, passed in a democratically-controlled
Congress. That tells me that this is real bad, stink out loud legislation.
Membership is down and unions are desperate. Thankfully Congress didn't
reward them on that one. People see unions as Irrelevant and only
protecting the leadership of the union, not the workers.
The UAW didn't want to change things and wanted to write all the rules when
it comes to the auto companies. The bailout kept their way of doing things
in place, something that is not good. It kept a bad business model in
place. The auto companies should have been forced to go through bankruptcy
which would have been a much more orderly process than the bailouts. Keep
in mind that this was the second bailout for Chrysler. What does that tell
you about the company? It tells me that the company isn't viable. Keep in
mind that Ford didn't take the bailout. Good for them.
Unions wonder why they're irrelevant. They're irrelevant because much of
what they were created to do has already been done. Things like the
40-hour week, minimum wage and worker safety to name a few. They demand
what could be characterized as extortion wages, lavish benefits and control
over the work rules, the latter of which should be the prevue of management.
The wages and benefits cause companies to take jobs where it's cheaper to do
business, even if that means sending those jobs overseas.
Regulations are another can of worms I won't go into right now. Suffice it
to say, there are a number of reasons the situation is not good right now.
Only time and the right leadership will bring about a change.
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