Tag: domestic autos

So where’s Dodd’s resignation?

I have a hard time suffering fools.   How dare anyone who has been in the Congress or the Senate for the last eight years criticize the big three.  Talk about the pot calling the kettle black!

These corrupt and incompetent fools have mismanaged this country into bankruptcy.  Instead of oversight, they gave the same people who ripped off the system another 780 billion tax payer dollars without any plan or strings attached.  If anybody ought to resign because of gross mismanagement, it is the fools in DC.  


Unemployment Rates and the Domestic Automotive Industry

This very interesting map is from The Economist and one of my favorite people, manfrommiddletown.  

The Economic Policy Institute has a new report out today about the economic impact of an auto industry collapse. A previous report by the Center for Automotive Research (CAR)estimated that a total collapse of the big 3 would result in the loss of almost 3 million jobs, and $554.6 billion(4% of US GDP) in economic losses. What was missing was a state by state breakout. I’ve mocked up the state by state job losses consequences of a GM only collapse, and what would happen if the big 3 all failed.


So while AIG pays bonuses, gives raises, and sponsors sport’s team, Harry Reid and our limp dick useless Democrats continue to fiddle while the real economy burns.  With friends like these, who needs enemies.