Re: More
From: Brian E. Buxton (BrianBuxtonBuxtonMotorsports.com)
Date: Wed, 27 May 2009 09:21:09 -0700 (PDT)
Here is another good article about BO and his "payback trail."


At the top right hand corner of Page 17 of the New York Post of January
24th, 2009, was a short column entitled "Replacing Michelle" in the National
Review "The Week" column. I found this interesting, so here it is, word for
word, as it appeared:

Some employees are simply irreplaceable. Take Michelle Obama: The University
of Chicago Medical center hired her in 2002 to run "programs for community
relations, neighborhood outreach, volunteer recruitment, staff diversity and
minority contracting".

In 2005 , the hospital raised her salary from $120,000 to $317,000 -- nearly
twice what her husband made as a Senator.

Oh, did we mention that her husband had just become a US Senator? He sure
had. Requested a $1 million earmark for the UC Medical Center, in fact. Way
to network Michelle!

But now that Mrs. Obama has resigned, the hospital says her position will
remain unfilled. How can that be, if the work she did was vital enough to be
worth $317,000?

We can think of only one explanation: Senator Roland Burris's wife wasn't
interested.
Let me add that Michelle's position was a half time, 20 hour a week job. And
to think they were critical of Blagoyovich's wife for taking $100,000 in
fuzzy real estate commission.

My thoughts: How did this bit of quid pro quo corruption escape the sharp
reporters that dug through Sarah Palin's garbage and kindergarten files?


Brian



LarryT wrote:

Jim suggested <<Get the UAW to accede to MAJOR wage/benefit concessions at all
    of the big 3 - this includes some of the retiree pensions as well.>>

OK, IMHO, this would never happen. As payback for delivering the large block of union votes to the obama bandwagon the union leadership ended up with a lot of cash to fund union mandates

Here's a telling quote I found - "While Detroit's big three automakers grovel for a tax-funded bailout, 14 U.S-based, international automakers announced last year's additional investments of $39.3 billion in 69 facilities that employ 92,700 people with an annual payroll of $6.3 billion.

Why are the U.S.-based international automakers *expanding*, while Detroit's big three are grasping for a life-saving handout? The answer, of course, is labor *unions*; only two facilities of the U.S.-based international automakers are unionized, one in California, the other in Illinois. All the others are union-free and are doing quite well.

The big three domestic automakers have already been granted $25 billion to retool. Now, they want another $50 billion, half of which is needed to fund union-mandated benefits."

IMO unions were a good thing in the teens and 20s of the last century when the industrial revolution was really rolling along. Child labor, very long work weeks (for hourly workers - mgmnt has always worked unGodly hours) ;-p and other problems gave unions a reason for being. However, once these critical changes were made, the unions had to demand more & more regardless of the need in order to justify their own existence.

So far I haven't heard about any large unions making any concessions - at a time when GM is struggling to stay out of bankruptcy the unions should be sharing the pain.

***But most of all - the US Taxpayer should NOT be expected to pay for union mandated needs!! ***




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----- Original Message ----- From: <clyderomero [at] worldnet.att.net>
To: "Larry Turner" <l02turner [at] comcast.net>
Cc: <ferrari [at] ferrarilist.com>
Sent: Wednesday, May 27, 2009 6:52 AM
Subject: Re: [Ferrari] More


No its 50 Miles to qual
Sent via BlackBerry by AT&T

-----Original Message-----
From: Jim Conforti <lndshrk [at] xmission.com>

Date: Tue, 26 May 2009 21:26:30
To: clyde<clyderomero [at] worldnet.att.net>
Cc: <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] More


At 08:36 PM 5/26/2009, you wrote:
I am just a simple engineer...  I am still busy stacking whatever
singles I can find and trying to extrapolate how high they would stand
if I had a billion of them...
Well, according to my micrometer - and concurrence of the US BEP
fresh US currency is 0.11mm thick.  A lot of people (even on this
list) have never seen $100k in cash - never mind a million - so
the concept of a BILLION is generally "just a number" to (too) many.

0.11mm * 1E9/(1.61 * 1E6) = 68+ miles

Technically, if you CLIMBED that 68+ mile high stack of money you
would in fact qualify as an ASTRONAUT since the boundary is around
62 miles.

As to Chrysler - there was only ONE viable solution that would
result in it's continued existance.

Allow Chrysler to cast off it's union contracts and cut it's labor
costs drastically.

It was never going to happen.

The UAW is simply too greedy.

While we can argue as to the minutiae of what the "average" UAW worker
makes - they make about DOUBLE what they should.  When you have forklift
operators making over $100k/annum - something is WRONG.

A "smart bail out" would have done the following.

1) Get the UAW to accede to MAJOR wage/benefit concessions at all
   of the big 3 - this includes some of the retiree pensions as well.

2) Use federal dollars to buy down any debts (mortgages/etc) of
the workers/retirees so affected - to leave them in a relatively similar
   place post wage-decrease.  I would also go so far as to say that we
   (the taxpayer) should pick of the tab for the college education of the
   children of any worker so affected.

3) Bridge loans to get at least 2 of the big 3 thru this.

4) There is no 4 - we don't need Government Motors.

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  • Re: More, (continued)

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