Goodbye Barry - Welcome Home AMERICA!

Showing posts with label Bailout. Show all posts
Showing posts with label Bailout. Show all posts

Sunday, September 27, 2009

If You Go Down To D.C. Today...

Socialists Picnic
(to the tune of "Teddy Bears Picnic")

If you go down to D.C. today

You’re sure of a big surprise.

If you go down to D.C. today

You’d better go in disguise.


For ev’ry nut that ever there was

Will gather there for certain, because

Today’s the day the socialists have their picnic.


Ev’ry socialist who’s been good

Is sure of a treat today.

There’s lots of marvelous stimulus

And bailout games to play.


Beneath the dome where nobody sees,

They’ll plead and beg as long as they please

That’s the way the liberals get their health care.


Picnic time for socialists

The little socialists are having a lovely time today

Watch them, catch them unawares

And see them legislate your job away.


See them gaily gad about

They'll throw our borders out;

They never have any cares;

At six o’clock the unions and lob’yists

Will buy their ev’ry vote,

Because they’re good little socialists.


If you go down to D.C. today

You’d better not go alone.

The left is running D.C. today

You may as well stay at home.


Don’t read that bill just sign it instead

It’s dark and stinks where they have their head,

Today’s the day the liberals have their picnic.

Thursday, July 23, 2009

Conservative Kiosk Not Allowed At Mall

Here's an interesting story from WCNC in Charlotte, N.C.. The upshot of this story is that a man opened a kiosk in the Concord Mills Mall in the spring of 2009, only to be told that he would not be allowed to renew his lease upon expiration the last day of July 2009. What was he making available to the public that was so horrific the mall no longer desired his business? Was he selling pornography? Drugs? Alcohol without a license? No, he was offering none of those things.

Loren Spivack, the owner of the kiosk, was selling items critical of King Barack Obama's administration. Among the items he offered for sale were poster and bumper stickers bearing slogans like:

"Impeach Obama."

"Al Qaeda's favorite days: 9/11/01 and 11/04/08."

"Work Harder. Obama needs the money."

At least one passerby found them racist and bigoted, and took time to tell the mall in a letter and a letter to the editor of the Charlotte Observer. Racist?? I don't see anything racist in those political statements. There is no use of the of the dreaded "N" word, nor is there any reference to Obama being half white or the first gray president of the USA.

What I do see is an expression of disagreement with the outcome of the 2008 election and with the extravagant disbursal of taxpayer money by an administration too stupid to put any restrictions of use on the bailout contracts - if the government lawyers even bothered to make contracts! Perhaps that was just payback for financial support during the campaign...

I love our Constitution, because it guarantees us protection from so many things... and guarantees us protection of many other things. In fact, our founders felt it was so important to protect our RIGHTS to freedom of religion, freedom of speech (and by extension, freedom of expression) and freedom of the press, that they guaranteed those freedoms in the very 1st Amendment! I used to work in Concord N.C., 40-odd years ago, and I recall those folks as being God-fearing, freedom- and Constitution-loving Americans. Looks like they all died or moved away... and were replaced by yellow-bellied, left-wing, California Democrats. (We have America's left-wing, liberal, public education system to thank for those attitudes.)

For all the things our Constitution guarantees us, nowhere does it guarantee - or even suggest - that we have a right to never be offended. Here's an unusually clever idea - if you find things in a store that you find personally offensive... DON'T SHOP THERE! Organize a boycott, picket the store - exercise your 1st Amendment right to express your feelings about their products. In a free market economy, you have choices as to where you wish to spend your money. If enough people share your point of view, then the issue will become self-correcting when the store goes out of business in 6 months. Don't go whining to daddy about, "How dare they sell something with which I disagree... oh yeah, and I find it offensive as well!" As a margin note, I should also mention that the owner of the mall group, Mel Simon, is known as a generous contributor to Democratic causes and politicians, including Barack Obama.

Personally, I hope that Loren Spivack gets a first rate attorney, and sues the mall ownership into bankruptcy. For the complete story go to (copy-n-paste):
http://www.wcnc.com/news/topstories/stories/wcnc-072109-mrn-freemarketwarrior. 63b5b ce2.html

Sunday, March 15, 2009

AIG Receives $173 BILLION Bailout, Pays $165 MILLION in Executive Bonusues

But the government is unclear what, if anything, they can do to cut the bonuses since the contracts seem legally binding. Contracts? Was there a contract with the people of the United States that said "We will bail you out if you fail?" No, there was not! The standard, but unwritten contract that exists between the people, or the government, and any "for profit" business, is: "If you fail, you go under. Tough noogies! You didn't share your profits with us, dont expect us to share your losses."

Can anybody tell me of one time in history when financial failure was rewarded with public money? The difference between today's bailout of numerous organizations, and the Chrysler bailout of 1980, is that the Chrysler bailout of 1980 was a government loan which, under Lee Iacocca's leadership, was repaid in 1983.

Is this current bailout a loan? I have yet to hear the word "loan" used in any sentence containing the word "bailout" thusfar. Let's assume it is a loan ... has anybody ever seen a lender that doesn't set the conditions of the loan being made? Is our government so incompetent, that with the legal minds of the entire Department Of Justice at their disposal, they failed to set those conditions? Conditions such as: "No company funded vacations or retreats for so long as the loan is in force and carries an outstanding balance."; "No expenditures for transportation beyond the cost of a business class seat, on a regularly scheduled commercial airline flight to the destination, or beyond the cost of an economy rental car while at the destination."; "Per diem will be reimbursed at the prevailing military rate of $70 for lodging and $39 for meals and incidentals and accommodations at the destination city will not exceed those rated as 3-star."; "Any and all contractual references to bonuses, scheduled pay increases, and severance pay (Golden Parachutes) are, effective this date, null and void, and without continuing effect."; "Effective immediately and throughout the active life of this loan agreement, the salaries of the CEO and CFO are to be no more than 1% of the net profit shown by the company. Other executive salaries are not to exceed $75,000 per annum, and all union employees will take an immediate 25% cut in pay. Non-union employees will be paid no more than 90% of the new union wage for similar jobs and years of service.", and so on! Where does it say that recipients of a public bailout must be allowed to continue amassing business, operating, and labor expenses as usual? That's what got them into financial distress in the first place! Where is it written that once they receive bailout funds, they can spend them in any manner they desire? It is only "written" when reasonable conditions are unwritten! Our government, by failing to specify conditions for use of the bailout money, thereby failed to protect our investment in the future of these - now (technically) "publicly owned" - corporate entities.

When did it become incumbent upon the taxpayers to reward corporate mismanagement and fiscal irresponsibility?

I must have not seen that memo ... did you?