Generous Motors

Mismanagement, piss poor UAW agreements and failing to recognize market trends have brought Ford and General Motors to the brink of collapse. In this day and age of bailouts, the democratic led Congress will begin discussions this coming week on another multi billion dollar bailout.

GM has 500,000 former employees on the benefit rolls. I say it is time to let the Big Three fail. Let the unions finally realize that their hyper inflated payroll rates are not going to sustain major corporations. Let GM function under Chapter 11, re-organize debt and bust the union. We are not going to get that though with the democratic led Congress and the incoming President. Payback time for the vote turnout.

The only positive thing which will happen within a few years is a Jimmy Carter Stagflation event where interest rates were 20% and the economy was in a seriously bad situation. This is coming America, none of the major media outlets are reporting the serious downsides of the Federal printing press running overtime, but if you think the economy is bad now, just wait a few years, especially once The Messiah raises taxes. All these 20 somethings who voted for The Messiah, never lived through the Carter days. Too bad Youtube, Facebook and Myspace didn't exisit in those days.

Get ready America to grab yourself up by the bootstraps even more than you have in the past year. Things are going to get rough. 2009 is going to be terrible. Get ready, take care of your own.