Posts Tagged ‘Economy’

Senator Harry Reid D-NV released a statement recently stating that “Republicans Have No Interest in Keeping Domestic Auto Industry Alive and Saving Millions of American Jobs” (Thursday, Dec 11, 2008)

Partisan is one thing, but no thinking individual, no matter their political persuasion, would believe this a true statement.  It is time for this childish, politics as usual, behavior, especially by the leader of the U. S. Senate, to stop.  THAT would be change to believe in.

Republicans are just as concerned as Democrats about jobs, manufacturing and the economy.  It serves no good purpose to make these type statements – rather drives people apart when we need to work together.

I came of age watching the Steel industry go through similar diastrous collapse.  The industry moved further and further from global competitiveness due to unrealistic labor agreements (which both management and union leadership BOTH signed) around both compensation and work rules. Later, overbearing environmental regulation which did too much too fast, added insult to injury.  It has never fully recovered.  The UMWA (mineworkeres) and the USWA (steelworkers) are a shell of their former stature.  I believe valuable lessons can be learned from that experience.

The question now is how soon the UAW will resemble other formerly powerful unions in American history or if they will find a way to retrench and rebuild.

No one in Washington nor Congress came to the rescue of the steel industry.  While it is different, there IS a steel industry in the U. S. today.  Another example is the railroads.  In this case, the federal government intervened heavily, resulting in ConRail (freight) and AmTrak (passenger) lines.  To this day AmTrak continues to be a drain on the U. S. Treasury ANNUALLY, having NEVER shown a profit and constantly coming back to Congress for more money.

It is time to realize that bankruptcy courts/law have developed over centuries to handle just these type of situations and that politicians need to let them work – whether it is in financial markets or any other economic sector.

It is not pleasant, but it is reality.  Perhaps Labor and Management can both learn this lesson.  You certainly don’t find it in MBA programs!

Its all the liberals in the Senate and House that have hijacked our country according to this video on YouTube.com, and are now trying to blame BUSH? Ha!

Do Dems think the majority of thinking Americans are stupid?
(No, we think they arrogantly believe that the majority of Americans are; that’s the vote they cultivate with their slick PR and style over substance approach to politics!)

But, on the other hand perhaps they do.

Watch the YouTube video below and learn. The problem is liberal socialists in our government. (The question is why, of course, and we will wait until quieter times prevail before addressing that topic)

View the video below by clicking an arrow in the image (Note it is not for the faint of heart nor those in a hurry).

In an article entitled “Murphy, Manion square off in wide-ranging debates” by Gary Weckselblatt of The Intelligencer, also reprinted on the Vote Manion Website, Weckselblatt recounted the positions taken at two recent debates between Tom Manion, the Candidate, and Patrick Murphy, the Incumbent. Both are vying for the 8th Pennsylvania seat in the US Congress.

According to the article:

“They discussed everything from the economy to energy, Social Security to abortion, the deficit to health care, and for good measure threw in the Iraq war and the Middle East.

“Bucks County Democratic Congressman Patrick Murphy and Republican challenger Tom Manion went at it for three hours in two separate debates Sunday.
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