Posts Tagged ‘government-industrial-complex



01
Jun
09

yet another example of ayn rand’s ‘atlas shrugged’ playing out in real world

these types of posts could become commonplace if the gov-ment continues to take over industry + putting no-experience beauracrats in charge…

excerpt:

WASHINGTON — It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism.

But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.

Nor, for that matter, had he given much thought to what ailed an industry that had been in decline ever since he was born. A bit laconic and looking every bit the just-out-of-graduate-school student adjusting to life in the West Wing — “he’s got this beard that appears and disappears,” says Steven Rattner, one of the leaders of President Obama’s automotive task force — Mr. Deese was thrown into the auto industry’s maelstrom as soon the election-night parties ended.

http://www.nytimes.com/2009/06/01/business/01deese.html?_r=4&emc=eta1

Advertisements
30
May
09

the onion sums up the reality of obama’s first 100 days…

Obama Revises Campaign Promise Of ‘Change’ To ‘Relatively Minor Readjustments In Certain Favorable Policy Areas’

WASHINGTON—In a slight shift from his campaign trail promise, President Obama announced Monday that his administration’s message of “Change” has been modified to the somewhat more restrained slogan “Relatively Minor Readjustments in Certain Favorable Policy Areas.” “Today, Americans face a great many challenges, and I hear your desperate calls for barely measurable and largely symbolic improvements in the status quo,” said Obama, who vowed never to waver in his fight for every last infinitesimal nudge forward on the controversial issues of torture and the military ban on homosexuals. “Remember: Yes we can, if by that you mean tiptoeing around potentially unpopular decisions that could alienate a large segment of the populace.” Washington insiders said that, while the new mottos are certainly in keeping with Obama’s pledge of government transparency, they are significantly less catchy.

http://www.theonion.com/content/news_briefs/obama_revises_campaign?utm_source=onion_rss_daily

29
May
09

ralph nader on gov’t-industrial complex GM bailout

just a prelude of the central planning to come????

http://online.wsj.com/article/SB124355327992064463.html

excerpt: 4) Why is the task force permitting GM to increase manufacturing overseas for export back into the U.S.? Under the GM reorganization plan, the company will rely increasingly on overseas plants to make cars for sale in the U.S., with cars made in low-wage countries like Mexico rising from 15% to 23% of GM sales here. For the first time, GM plans to export cars from China to the U.S. in what is a harbinger of the company’s future business model. What is the conceivable rationale for permitting GM to increase manufacturing overseas — especially in dictatorships, for export back into the U.S. — when preserving jobs and industry is the avowed goal of this immense taxpayer bailout?

14
May
09

real world vs. government bureaucrat world

excerpt: 

Across the private sector, workers are swallowing hard as their employers freeze salaries, cancel bonuses, and institute longer work days. America’s employees can see for themselves how steeply business has fallen off, which is why many are accepting cost-saving measures with equanimity — especially compared to workers in France, where riots and plant takeovers have become regular news.

[Commentary] AP

Government workers protest in California, March 13.

But then there is the U.S. public sector, where the mood seems very European these days. In New Jersey, which faces a $3.3 billion budget deficit, angry state workers have demonstrated in Trenton and taken Gov. Jon Corzine to court over his plan to require unpaid furloughs for public employees. In New York, public-sector unions have hit the airwaves with caustic ads denouncing Gov. David Paterson’s promise to lay off state workers if they continue refusing to forgo wage hikes as part of an effort to close a $17.7 billion deficit. In Los Angeles County, where the schools face a budget deficit of nearly $600 million, school employees have balked at a salary freeze and vowed to oppose any layoffs that the board of education says it will have to pursue if workers don’t agree to concessions.

Call it a tale of two economies. Private-sector workers — unionized and nonunion alike — can largely see that without compromises they may be forced to join unemployment lines. Not so in the public sector.

http://online.wsj.com/article/SB124227027965718333.html




rss feed (click icon below)

Advertisements