Bush leaves GM on life support for Obama:
Today's announcement of a $17.4 Billion loan to GM and Chrysler marks another milestone on the road to nowhere currently being followed by the current administration. Under the terms of the loan, "If the firms have not attained viability by March 31, 2009, the loan will be called and all funds returned to the Treasury," Meanwhile,another caveat to the deal is that workers' wages will have to be reduced to make them as competitive as those in Japan and Korea. Oh and the corporate jet has to go as well. This passes for a plan these days. Who are they trying to kid? GM and Chrysler will need this money just to keep the lights on until March before the inevitable industry collapse. [...]A Message From the Auto Industry:
This whole deal is nothing but Political posturing by Bush and Paulson who would like to finish the year with an illusory aura of fiscal responsibility. They don't want the consequences of the $250 Billion in credit default swaps tied to GM to happen on their watch and prefer to leave it to the next administration.
You wouldn't buy our shitty cars. So we'll be taking your money anyway.People Begging on their Knees for a Job at the Dump:
Wanted: Laborer willing to work 10-hour days outdoors in the stench and dust of the Pinellas County landfill. That’s year-round, so you’ll really enjoy the summer months when the landfill is ripest.As an added bonus, we also provide this useful link, for those who'd like to extend their personal thanks to Geedubya, for his careful 8-year stewardship over the U.S. economy:
Starting salary: $9.50 an hour, plus benefits.
Sound like the job for you? With the economy crashing and unemployment rising in the Tampa Bay area, 136 people, most out of work, answered yes last month and applied for three such jobs.
“At one point I actually had a line of people 10 feet out the door waiting to talk to me,” said Scott Hanus, an operations manager for Veolia Environmental Services, which runs the landfill. “I actually had some people down on their knees begging me.” [...]
Some who applied had college degrees, Hanus said, and many had recently been laid off or seen their companies shut down. The three people hired had a fair amount of experience working outdoors and solid customer skills, Hanus said. They started Dec. 8. [...]
“It was pretty hard watching so many people hurting,” Hanus said.
Thanks a lot, George Bush!
Well...?
