Obama Knew He Was Killing Thousands Of Jobs With Drilling Ban – Went Ahead With It Anyway
Posted by admin / Under Auto Insurance
Two months ago Federal Judge Martin Feldman threw out the Obama ban on deep-water drilling citing the huge effects this ban will have on the regions economy: The court is unable to divine or fathom a relationship between the findings and the immense scope of the moratorium. ~~~ The blanket moratorium, with no parameters, seems to assume that because one rig failed and although no one yet fully knows why, all companies and rigs drilling new wells over 500 feet also universally present an imminent danger. ~~~ An invalid agency decision to suspend drilling of wells in depths over 500...
Published on Monday 30th of August 2010 12:51:10 AM
Would you buy shares in the new GM? (WSJ POLL)
Posted by admin / Under Auto Insurance
A Poll for you
Published on Monday 30th of August 2010 12:51:10 AM
The Democrat Bailouts & The Damage They Are Doing To Our Country
Posted by admin / Under Auto Insurance
The Democrats have been trying mightily to turn attention away from their failed economic policies as millions upon millions remain unemployed. Their latest technique over the past few months? To tell us how much better off we are that they gave billions away to save banks and auto companies. Good segment with Neil Cavuto yesterday discussing this very thing: [VIDEO AT SITE] All I know is that after spending hundreds of billions to rescue banks for getting reckless, a lot of them are still reckless. And a lot of em' still aren't lending. Same with auto companies. We spent nearly...
Published on Monday 30th of August 2010 12:51:10 AM
Detroit Goes From Gloom To Economic Boom
Posted by admin / Under Auto Insurance
DETROIT — After a dismal period of huge losses and deep cuts that culminated in the Obama administration’s bailout of General Motors and Chrysler, the gloom over the American auto industry is starting to lift. snip
Published on Monday 30th of August 2010 12:51:10 AM
Obama is Wrong About Auto Bailout
Posted by admin / Under Auto Insurance
The auto bailout is a massive failure. It did not save jobs. It is a fallacy to claim that more jobs exist in an economy because particular firms have been saved from going out of business. Automobile jobs exist in the United State because of consumer demand for automobiles. Bailing out car companies does not increase demand, nor will it increase the number of cars built and sold.All the auto bailout did was shift jobs from one set of firms to others. Because GM and Chrysler are poorly managed, and are joined at the hip with the United...
Published on Monday 30th of August 2010 12:51:10 AM
The Auto Bailout Payback
Posted by admin / Under Auto Insurance
President Barack Obama went on the TV show "The View" and told the cast that all the taxpayer money his administration spent to bail out General Motors and Chrysler will be repaid. Public policy experts talk about their take on the impact of the auto bailouts.
Published on Monday 30th of August 2010 12:51:10 AM
The auto industry lives. Can we admit that government intervention worked?
Posted by admin / Under Auto Insurance
Who could have imagined that the bailout of the auto industry, one of the single most unpopular moves by the Obama administration, would become one of its best talking points? But don't for an instant imagine that the comeback of the nation's rescued car companies, particularly General Motors, will change the way we debate government's role in the economy. When it comes to almost anything the government does, ideology trumps facts, slogans trump reality, and loaded words ("socialism") trump data. Let there be no mistake: Rescuing GM and Chrysler took political courage, and I want to put in a good...
Published on Monday 30th of August 2010 12:51:10 AM
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