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Varchild2008 (83.74)

Pres. Obama: World's Sickest April Fools Joke

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March 30, 2009 – Comments (27)

Do I think the GM chief should resign?  Yes.
Do I think Pres. Obama did it in the right way?  NO!!!

President Obama is not only acting like "Dictator in Chief" lately...waltzing around with 100% authoritarian power to do whatever he wants with only CHINA as the check and balance.

But...President Obama is incredibly beyond stupid and idiotic and the wrong man for the job when it comes to the Automotive Sector.  We don't need some environmentalist, Private Sector Hate-Job, walking around telling Auto companys to build and sell more GREEN cars instead of cars that people want.

How in the blazing heck is the automotive sector to survive under the dictatorship authority of a Federal Government gone wild demanding Environmentalism over Profitability?

GM and Chrysler should have been restructured in Bankruptcy Court a looooooooooong time ago!!

Instead.. We have the Obama solution....  Demand the impossible!!  Demand people will actually go out and actually want one of these rinky dink "GREEN" cars and trucks and SUVs.

No way... No how...

I am truly frightenend that what I said months ago before Obama was officially president will happen and that is the FEDs will force buyers to buy these GREEN vehicles nobody wants by making it a federal crime to drive the cars and vehicles you do love to drive.....

AKA:  "Thou must drive in a vehicle that does 30+ miles to the gallon by such and such a day or you are a FELON."

27 Comments – Post Your Own

#1) On March 30, 2009 at 11:54 AM, kdakota630 (29.56) wrote:

This blog ought to generate a number of interesting comments.  I'm going to be following this.

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#2) On March 30, 2009 at 11:58 AM, pete4357 (98.94) wrote:

Doubling tax on gasoline would be a better way of encouraging people to 'want' smaller, more efficient cars. 30+ mpg is a joke. The standard should be 60. I agree that GM should have been declared bankrupt years ago.

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#3) On March 30, 2009 at 11:59 AM, outoffocus (23.02) wrote:

If GM hadn't gone had in hand to Congress, they would have GONE bankrupt along time ago.  GM brought this on themselves.

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#4) On March 30, 2009 at 12:03 PM, JTShideler (78.27) wrote:

I think bankruptcy is a better choice then making a deal with the devils in Washington, whose strings come only after you accepted the money.

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#5) On March 30, 2009 at 12:05 PM, sp84 (< 20) wrote:

The economy needs to be revitalized by new technology and innovation. GM and Chrysler have been doing the same old thing for too long now, which is why they are in their current situation. And let's face it, right now most of the people cannot be bothered with cars that have high HP. They WANT cars that can save them money. You are not the majority, you are the exception!

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#6) On March 30, 2009 at 12:09 PM, ericrandalls (26.03) wrote:

"these GREEN vehicles nobody wants"

Wha'?

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#7) On March 30, 2009 at 12:17 PM, Lewis68 (< 20) wrote:

People WANT cars with high HP. If you don't believe me, just pay attention to foreign car makers (i.e. Honda Toyota) that having been increasing HP for years.

The problem is that GREEN IDIOTS will not let us drill for oil. Then we could have the cars we want, AND cheap gas.

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#8) On March 30, 2009 at 12:18 PM, lquadland10 (< 20) wrote:

Welcome to the NEW WORLD ORDER>  You can thank the WORLD BANK> The G 20 and our IMF After all it was congressman Obama back in the day before he bacame president who voted to hog tie the car makers. Then he voted for the banks to rob us and to be able to be to big to fail. The CFR member along with his team. CFR and tri lateral partners are running the country. This all started in 1913 with the formation of the FED> Carter Regan Bush Clinton Bush and Obama. They are all the same. NEW WORLD ORDER PRESDINTS> you really need to catch up. Go to the alex jones show and the info wars.com to catch up. They will tell us 6 mos to a year what they are going to do. Then Alex Jones tells us. Gives us 6 mos to year to prepair. George Sores playing both sides. Bildenburgs Rothchild and Rockafeller and United Nations are the ones you really need to watch. It is all following their plan. Obama is just their new puppit. After all he is Dick Chaneys cousin. Bush and Chaney are cousins. It is all in the family.

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#9) On March 30, 2009 at 12:43 PM, farmnut1985 (34.23) wrote:

GM, Chrysler, and Ford are all guilty of the situation they are in.  Ford is in the least worst shape as they have made some bold moves such as paying off debt to the UAW in the form of Ford stock which time will tell if it was a good or bad move.  Most of the issues with these companies is that they allowed the UAW to control them and poor management for decades.  The main reason for the emergence of toyota and honda is that fact that they build simple and highly reliable cars at a higher profitability margin because of good employee treatment and the lack of a union. 

http://www.washingtonpost.com/wp-dyn/content/article/2009/03/30/AR2009033001239.html

On to my main point.  Obama has gone too far, the CEO of GM needed to be replaced, but it is not his duty to make it happen.  I think in the next month you will see all companies that accepted money from the government will do even worse on the stock market due to the fear of government control.  Bush should have never done the first bailout and now Obama should stay out as well, but wherever this man sees that he can gain more power, the dictator takes it.  The above link was a good article on GM.  I found it interesting that Obama rejected the restructuring proposals of GM despite the fact that experts of the auto industry said it was a realistic proposal saying

Their plan has "got to be one that's realistically designed to weather this storm and to emerge at the other end much more lean, mean, and competitive than it currently is," he said

Well President Obama, take some of your own advice and look at your proposed budget.  The governement has checked major corporations power to do things, time somebody checked the governments power to control private business.

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#10) On March 30, 2009 at 12:55 PM, synergize (30.09) wrote:

you are getting very personal...building green cars has nothing to do with you not being able to drive the car that you love...it's just business as usual. the more alternatives the better. if you want us to drive the same car that you love, that's dictatorship and that's a joke.

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#11) On March 30, 2009 at 1:03 PM, Hudarios (< 20) wrote:

Don't worry.  When the government takeover is complete, Congressional Motors will provide every family with their own 2-cylindar car - along with a rice cooker.

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#12) On March 30, 2009 at 1:25 PM, WeenTang (56.53) wrote:

I love Obama saying "Let me be clear, this administration has no interest in running the auto industry" the day after he decided Wagoner wasn't the right man for the job and forced GM to fire him.  How does he get away with this stuff???

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#13) On March 30, 2009 at 1:27 PM, farmnut1985 (34.23) wrote:

Hodarius..... all I can say is awsome!  Can't wait till the new congressional model comes out, probably two models, a two cylinder, and a 16 cylinder model for the congressment to haul all of their pork around.

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#14) On March 30, 2009 at 1:49 PM, devoish (98.37) wrote:

People WANT cars with high HP. If you don't believe me, just pay attention to foreign car makers (i.e. Honda Toyota) that having been increasing HP for years.

The problem is that GREEN IDIOTS will not let us drill for oil. Then we could have the cars we want, AND cheap gas.

All the car makers have been increasing horsepower for years. And fuel economy with it.

They all have and use the same tools. Variable valve timing, multi valve cylinders, more precise fuel and spark control, intake runner controls, direct fuel injection, high swirl combustion etc.

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#15) On March 30, 2009 at 1:57 PM, biotechmgr (34.65) wrote:

I may be in minority but I do like and own the Prius. I loved getting 45 to 50 mpg while gas was at $4. I still like burning less fuel. I can be green and be satisfied with vehicle which is simply a means of transport not a reflection of my ego needing to be fed.

President O has stepped over a line, hawking GM cars on TV!?! A little less than presidential. However I thought Wagoner needed to go.

 

 

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#16) On March 30, 2009 at 1:58 PM, bostoncelitcs (41.81) wrote:

Drill......Baby.......Drill!!

If you are thinking that our dependence on foreign fossil fuel has no connection to our national security..............Think again bozo!!

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#17) On March 30, 2009 at 1:58 PM, paintjockey (22.58) wrote:

I wish it were as funny as some of your commits. The joke is you may not be able to afford a two-cylinder car or the rice for the rice cooker. If history is a teacher, we are very bad students of her lessons. Governemt always spends more, does less, and takes freedom away when it intrudes into the economy. That is why we once had a Constitution, solid currency, and were able to build a free and uniquely prosperous nation. Oh well, you do not know what you had until it is gone.Say by by!

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#18) On March 30, 2009 at 2:04 PM, cbwang888 (25.95) wrote:

Politicians know how to run business more than the current folks @ GM?

This is definitely NOT good for US economy. 

 

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#19) On March 30, 2009 at 2:33 PM, tonylogan1 (28.10) wrote:

I had not thought of the up-side of socialism...

Discounted rice cookers sound pretty sweet!

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#20) On March 30, 2009 at 5:01 PM, mingusdew (96.47) wrote:

"I love Obama saying "Let me be clear, this administration has no interest in running the auto industry" the day after he decided Wagoner wasn't the right man for the job and forced GM to fire him.  How does he get away with this stuff???"

 

I agree, WeenTang.  When it comes to "say one thing, do another" Obama is probably one of the worst offenders I've ever seen.  Granted I'm not old enough to have too broad a perspective, Obama is still awful at staying consistent with anything he says.  To me this is a clear indicator he's just another puppet president.  Does not give me any confidence at all in the future faced by our country, especially considering his willingness to butt right into the business matters of once private institutions. His administration keeps this up, and it's just going to choke already floundering companies with endless bureaucracy.

Buckle your seatbelts, the next 4 years won't be easy at this rate.

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#21) On March 30, 2009 at 5:12 PM, brentan0 (66.59) wrote:

Wow. Imposing conditions on government aid makes the President a "dictator?"

All that's happening here is what any investor should do. "Show me how you're going to make money with the resources I give you. If your case isn't convincing, then I'll invest my resources elsewhere. If I don't have confidence in the leadership of the people who are supposed to make it happen, then I'll take my resources elsewhere."

And the company has the option to comply, or get by without that investor's involvement. 

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#22) On March 30, 2009 at 5:55 PM, lenri (70.90) wrote:

Reading this was the most fun I had all day.

I, too, think that Congressional Motors will introduce the "new and improved" green car. It will run on bullsh*t. It should get 200 mpg and solve all our energy problems.

In my opinion this was the dumbest move of this administration. If Obamamama wanted Wagoner gone why not do it they way it always is done. Quietly demand changes or no more money. Wagoner would have resigned and saved face. Coming out the way he did makes Obama look like Hugo Chavez. Either this president is very naive and unskilled or he is revealing his true intentions towards the business sector. Apparently judging by the stock market's dive most people believe the latter. I believe both are true.

GM is now the "Peugeot" of the US. I am buying all of my pickups from Ford in the future. GREEN this!!!!

 

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#23) On March 30, 2009 at 6:05 PM, JSFMIKE (< 20) wrote:

1. Obama inherited this money mess from 8 years of Bush. And Bush's cronies knew the collapse was coming months ago.

2. Graham's bill allowed Wall Street companies to become banks, sell stocks and derivatives, and rate their own selling products in house. They cared less about less about investors getting a fair deal.

3. AIG and Lehman Brothers were two of the biggest pushers of oil speculation which brought us $ 4 gas at the pumps. They cared less about getting high mpg cars built.

4. GM kept pushing cars out of tired, old plants that were inefficient by a labor force that demanded more and more with each contract beyond any reasonable sense. They got Congress to put tariffs on Japanese imports a few years ago to raise prices. Then they raised their own prices to match the imports so they could bilk us out of more money.

5. The Honda folks, for example only allow a minimum of options within a car model, like the Accord. The LX is the bottom and the only other model is the EX. To get any goodies, you buy a package like the EX-L that gives you leather seats but also other stuff you might not want to pay for. There is only 8 configurations of Accords total. But you're stuck.That cuts their cost to build cars. GM on the other hand offers options for everything on each car so each car is totally different from any other coming down the line. There may be 100's of configs of one model car. No wonder it costs so much to build.

6. The Gov't, Wall Street, GM, etc got every one into this mess for one reason. It's called GREED! The legislatures need big bucks to run their campaigns and also be sure they can retire rich, even if they get kicked out of office. Wall Street companies thought every dollar was theirs. And companies like GM believed their own PR and thought they could take anything they wanted without reprecussions.

7. Just think back to 1979 and the "gas crisis" when the US couldn't find fuel at the pumps. Then we saw low, low HP engines in sedans called Mustangs and we were supposed to believe they were like the bad boys of 1969, even at a higher price. In the meantime, ships sat off the US coasts out of sight filled with oil to be refined when the price got high enough. A billion dollar, brand new refinery was built near Santa Barbara, CA but couldn't refine anything becasue the environmentalists were fighting over whether an underwater pipeline or small tankers should be used to bring the oil from offshore drilling platforms.

Quite frankly this whole mess is about GREED being masked as so many things. Most of the previous comments show me you guys don't have a clue what is really going on. Obama has been in office 2 months. All this mess has taken a whole lot longer than that to get us to this point. By the way, GM, Honda, Toyota, Fiat, etc all make parts for each other and then some. There is no truly American car or Japanese car or anything else. Wagner is probably happy to retire and take his golden parachute with him.

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#24) On March 30, 2009 at 6:59 PM, rofgile (99.31) wrote:

The car corporations have had a complete lack of vision in the US.  Last year, when gas prices hit $4.00/gallon we saw the first of the car makers problems.  They had put their energy into building big gas guzzler cars, which suddenly became unpopular.

Gas is cheap now because the world economy is depressed, but where will it be 1 year, 2 years, 5 years, and 10 years from now?  I would predict flat or down over the next 1-2 years, but 5 years and 10 years I think we will be seeing $4.00 and higher gas.  The US taking the lead on fuel efficient vehicles will put us ahead when the next change happens.

Eventually, we'll have markets like China, India, and Russia buying cars.  Can the world handle a doubling in the number of cars being used daily with our current car emissions and gas consumption per car?  Nope.

The US's only hope to surviving in the next 20-50 years is to take the lead in fuel efficiency, energy efficiency, information technology, water purification, and health care.  These are where we currently are among the leaders, and where we could continue to innovate and lead.  If we give up these industries, we'll have nothing.  We'll be a service industry country buying all our cars, appliances, and computers from other countries with a weaking dollar.  We'll be screwed.

-Rof 

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#25) On March 30, 2009 at 10:19 PM, AbstractMotion (53.39) wrote:

Yeah generally I'm not a big fan of the government simply intervening here, but I think it's fine in this situation.  When you ask or need money from the government as a measure of last resort you leave yourself at their mercy.  Wagoner has run GM horribly for years now and failed to fix obvious structucal problems with the company during his tenure there.  Normally I'd say there shouldn't be a big issue made of it publicly, but I do believe the President is in a bit of a bind with all this outrage regarding executives lately.  I'd rather he make some public show that an incompetent CEO has to go at this point then to potentially give in to some knee jerk reaction that would make the private sector as profitable as the public.

 

Regarding hybrid vehicles and such, personally I believe the technology just isn't there yet.  That's partially because the demand wasn't there in the market for years in the US, but also because technology had been immature.  People would definitely buy a hybrid if they preformed on par with a normal vehicle and had better fuel economy.  A car may get 55 mpg, but if that comes at the cost of passenger space, storage space or it costs significantly more then people just won't make the switch.  We're just starting to see hybrid models of things like the civic and fusion and even then the mileage gains aren't nearly as impressive as a Prius.  It'd take years for the fuel gains to offset the price difference currently even at $4 gasoline.  So I for one believe that technology just isn't there yet.

 

Also I think a gas tax is a horrible way to get these vechiles adopted given the tools the government has at their disposal.  It's just floated so often because oddly enough it's the most profitable solution for the government itself.  Fuel standards are so far behind in the US compared to the rest of the developed world as is, there's really no reason not to raise them aside from lobbying interests.   Our government should be fostering the development and adoption of these vehicles, not penalizing people who really don't have much better options given what the market is providing.

 

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#26) On March 31, 2009 at 2:00 AM, born2fool56 (< 20) wrote:

Obama was elected on an anti-Bush vote. so, he wants to out-bush bush by spending at 3X the rate of Bush! Bush was no fiscal conservative, that's obvious. i don't think we wanted Bush cubed. he's way not reading the tea leaves & hopefully he'll be one & done. this guy has never run anything & the press covered for him, now we're going to be taxed like crazy with this cap & trade bull. that will really help out the average person.

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#27) On March 31, 2009 at 5:03 AM, AnomaLee (28.59) wrote:

How in the blazing heck is the automotive sector to survive under the dictatorship authority of a Federal Government gone wild demanding Environmentalism over Profitability?

How were they going to survive under their management? Read below

GM and Chrysler should have been restructured in Bankruptcy Court a looooooooooong time ago!!

So, why is Ford not on capitol demanding funds as well? [The end]

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