It's not economics, it's the first rule of plumbing.

Chit runs downhill.

And guess where we're all standing.

 

On the one hand, they should have never been bailed out. On the other hand, now that they have been, they are in some way under more government control than they bargained for. The next thing you know, the people in these companies who are helping them claw their way out of the hole, will not be rewarded and will leave these companies. The companies will be left with people who aren't talented or worse, people the government puts in place. I thought I heard that the guy put at the top of GM has little to no experience in running such a huge company. It was a while ago and I'm not 100% on that one.

 

At this point it stinks of **** germany to almost high hell.The 2 party system needs to go its a monopoly of corporation self interests an doesnt work for the average Jo.only designed an turned into for the blue bloods.There I've said it now if they haul my buttaway to the concentration fema camps its out there lol.They shouldnt of bailed any 1 out if Joes pizza down the street needed a bailout the banks would laugh em out of the building an tell em to get the hell out of here.

 

I believe that some, if not all of these people that are getting the pay cuts will be getting some company stock in place of their pay, with the restriction placed on it that they have to hold it for a minimum of 4 years. This way if the stock goes up yhey will make money, if it goes down they lose money.
Kind of a performance based compensation, and an incentive to ensure the company does well.

 

From Friday's PatriotPost: We have known for many years that Democrats view the Constitution as an obstacle to their goals, not as something to be revered or upheld -- despite their repeated oaths to do just that. And as Mark Alexander warned last week, our Constitution is on life support.

More evidence of the trauma inflicted by our elected "representatives" surfaced this week when CNSNews.com asked the only truly relevant question in the health care debate: Where in the Constitution is the authority to mandate that Americans buy health insurance?
Sen. Patrick Leahy (D-VT) was befuddled and deflected:
CNSNews.com: Where, in your opinion, does the Constitution give specific authority for Congress to give an individual mandate for health insurance?
Leahy: We have plenty of authority. Are you saying there is no authority?
CNSNews.com: I'm asking-
Leahy: Why would you say there is no authority? I mean, there's no question there's authority, nobody questions that.

While Leahy's answer is both defensive and outrageously arrogant, in a sense, he's right: Not enough voters question the constitutional authority for anything Congress does. Even Republicans too often simply declare, "Me too, only a little less," instead of abiding by the Constitution.

The interviewer persisted, however, and again asked the question. Leahy dodged, saying, "Where do we have the authority to set speed limits on an interstate highway? The federal government does that on federal highways." He then walked away.

So to get this straight, Leahy defended Congress' unconstitutional attempt to take over one sixth of the U.S. economy by citing another unconstitutional law that was justly repealed 14 years ago.

House Majority Leader Steny Hoyer (D-MD) answered the question by saying, "Well, in promoting the general welfare the Constitution obviously gives broad authority to Congress to effect [a mandate that individuals must buy health insurance]. The end that we're trying to effect is to make health care affordable, so I think clearly this is within our constitutional responsibility."

On the contrary, in 1994, the Congressional Budget Office reported that a mandate forcing Americans to buy insurance would be an "unprecedented form of federal action. The government has never required people to buy any good or service as a condition of lawful residence in the United States."

According to Hoyer and his accomplices, however, the General Welfare Clause in the Constitution empowers Congress not only to "promote the general Welfare," but to provide it, demand it and enforce it.

But House Speaker Nancy Pelosi (D-CA) was the worst offender. "Madam Speaker," CNSNews.com asked, "where specifically does the Constitution grant Congress the authority to enact an individual health insurance mandate?" Her brief reply spoke volumes about the Left's contempt for the Constitution and the Rule of Law: "Are you serious? Are you serious?" She then ignored the question and moved on to the next one. Her spokesman later added, "You can put this on the record: That is not a serious question. That is not a serious question."

 

Bravo sir!

 

WAKE UP PEOPLE!

This is NOT a Democrat or Republican problem...... I cannot stand when I hear people saying the Demo-rats are the ONLY one to stomp on The Constitution. This is the biggest pile of ignorance being trumpeted by the "Conservatives" ......

Conservatives? Please.....Modern Republicans are NOT "Conservatives" ....not even close. The biggest injustices done to The Constitution have been perpetrated by Republicans over the past 25 years, NOT the Demo-RATS....... George Bush and his "Patriot Act" were more harmful to our freedoms than any 10,000 pieces of legislation before it.

So if you want to wallow in ignorance with the new "Republicans" go right ahead. Because YOU will be just guilty for the downfall of America as the Demo-RATS......

The Democrats are screwing up and the Republicans are flailing in the air, looking to morons like Rush Limp-jaw to be some sort of pathetic savior. The Republicans have become the "NO" party.....a bunch of morons sitting around saying "NO" while offering little to ZERO constructive calculation to the problem. They are all focused on hating Obama rather than trying to build their own party back up..... And in that all the good GOP members are jumping ship....Look how many political upstarts are suddenly leaving the Republican party and jumping into the I-line ...... sad......

Every time the Republicans get in office, the real "Conservatives" shudder because they know that the modern GOP has no idea what it really means to be "Conservative" ......We lost WAY more freedom under Reagan, Bush I, Bush II than we did under Clinton or Carter. If you think otherwise you DO NOT follow politics very closely....... and that is what happens.... Those who profess themselves "Conservative" go into a shell when a Republican is elected..... So the Rush Limp-Jaws of the World stop paying attention, get all stupid, and suddenly are OK with every piece of paper they tape over The Constitution.....

Trust is a funny thing like that.....keep your friends close but your enemies closer.....we will never learn....ever.....

 

The gist of the column was simply that, in this case, they saw no Constitutional conflict with taking over healthcare even though you and I would. I wasn't posting it to bash Democrats. I vote for one on my local level who votes as I feel almost every vote. Can't ask for a better state rep. The column was pointing out the attitude that the politicians in Washington DC can pretty much do whatever they want. And it it tramples on the Constitution, oh well... I still hold that it would be great if we could ever get back to only having tax levies for national defense. I guess I could include roadways to as the interstate system was created in part to be able to land aircraft and move military equipment around if war ever came to our shores.

 

Huhhh. Strange stuff.

Where was all the great "constitutional" concern during the Bush years? Funny, not much conversation about the constitution then, and the outrageous assault against it. But it was in the name of "national security", right.....It's almost comical what the leaders of the right wing can get their followers to suddenly be concerned about and rally around. If you've got constitutional concerns you should have spoken up years ago. Come up with something legitimate to complain about, please.

If you're trying to follow the Constitution to the letter....good luck. It was purposely written to allow for future interpretation. That's what the Supreme Court is all about, right? The "founding fathers" were not so stupid as to think this would be the letter of the law for eternity. Times change, my friend and so do the laws. As much as some strangers want to go back to 1776, it ain't going to happen. Focus your energy on something positive in your life or somebody else's....join a club or volunteer your time.

--------------------------------

Let's not forget everybody:

5 trilliion dollar debt Obama was left with, an economy in shambles headed by 8 years of Republican rule, and the inherited mis-managed war "effort" in Afghanistan by Cheney et al. God bless ya.

When Bush came to power, the national debt was $5.73 trillion. When he left, it was nearly $11 trillion. That's a difference of $5 trillion. You conservatives sure are conservative.

 

You nailed it Rancher. This is why all the talk about the government taking control is such a bunch of BS. They'll figure out a way to get their money. Don't you all be too concerned for the poor executives.