Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts

Friday, February 27, 2009

Nation wide protest againts Democratic policies

Do day there were nation wide protest against Democratic Policies. Are are a couple videos I took.




Here are some pictures I took.



Me taking a picture of someone.



This was put on by Bill Hennessy.

Friday, December 12, 2008

hold the ink! No bailout deal!

Well there almost was a bailout deal, but one disagreement stopped it; Whether the big three automakers should be required to make wage reductions. Currently, American automakers wages are more then the foreign makers. Republican Senators felt its necessary to cut the labor cost of the big three so they could save money. The United Auto Workers (UAW) is dead set against it. Ford said it does not need a bailout. Chrysler and General Motors said they do. I have a thought, why don't Chrysler and General Motors restructure through bankruptcy court? I thought bankruptcy was designed for business in financial trouble and needed to be relieved of there financial responsibility?
In other news, the Congressional Black Caucus (CBC) may not except Representative Elect Joseph Cao even though his district is predominately black. Cao, a Vietnamese American, felt it was a good idea to join the CBC because the black majority. The CBC has never admitted a nonblack member.

Wednesday, December 10, 2008

Bailout! Bailout! scandal

Well we have a lot of excitement in the news.
First let go over the good news. Republican candidate Anh 'Joseph' Cao just won election of congress in a recent run off election. Cao ran on ethics and health care reform.
Now the big news. The house just passed bill to bail out the auto industry. The vote went down party lines with most Democrats voting yes while most Republicans voting no. Democrats and Bush want wants to save jobs and the auto industry. Republicans want to save jobs and the auto industry as well, but but would rather have the same federal judges who deals with financial problems like this handle this. Mike Pence R-IN out lines the Republican alternative plan to only to assist federal judges help the auto industry. I have a thought, why not bankruptcy. I thought bankruptcy was the mechanism already to set up to handle this. Not to mention that a "Car Czar" will be created. We are creating Czars in democratic nation?
Finally, I got to mention that the Governor of Illinois spent time in jail. This is a national embarrassment for our political system. If votes continue to see behavior like this from our politicians, less voters will turn out a the polls.