Post by thebin on May 7, 2009 12:52:34 GMT -5
Nobody brings the wood quite like Will.....
"Gulliver's travels took him to the Academy of Lagado, where "professors contrive new rules and methods" for everything: "One man shall do the work of ten; a palace may be built in a week, of materials so durable as to last forever without repairing. All the fruits of the earth shall come to maturity at whatever season we think fit to choose, and increase a hundredfold more than they do at present." There was, however, the "inconvenience" that "none of these projects" had yet come to fruition and "the whole country lies miserably waste." But "instead of being discouraged," people were "fifty times more violently bent upon prosecuting their schemes," which included "extracting sunbeams out of cucumbers."
At the Academy of Obama, professors and others devise plans for extracting a new and improved automobile industry from a semi-sort-of-bankruptcy arrangement that -- if it survives judicial scrutiny; that is not certain -- will give the United Auto Workers 39 percent of General Motors, with the government owning 50 percent. During future contract negotiations, will the union's adversary be an administration that the union helped to put in power?
The UAW will own 55 percent of Chrysler, so perhaps the union will sit on both sides of the table in negotiations....
...It is Demagoguery 101 to identify an unpopular minority to blame for problems. The president has chosen to blame "speculators" -- a.k.a. investors; anyone who buys a share of a company's stock is speculating about the company's future -- for Chrysler's bankruptcy and the dubious legality of his proposal. Yet he simultaneously says he hopes that private investors will begin supplanting government as a source of capital for the companies. Breathes there an investor/speculator with such a stunted sense of risk that he or she would go into business with this capricious government?... "
jewishworldreview.com/cols/will050709.php3
"Gulliver's travels took him to the Academy of Lagado, where "professors contrive new rules and methods" for everything: "One man shall do the work of ten; a palace may be built in a week, of materials so durable as to last forever without repairing. All the fruits of the earth shall come to maturity at whatever season we think fit to choose, and increase a hundredfold more than they do at present." There was, however, the "inconvenience" that "none of these projects" had yet come to fruition and "the whole country lies miserably waste." But "instead of being discouraged," people were "fifty times more violently bent upon prosecuting their schemes," which included "extracting sunbeams out of cucumbers."
At the Academy of Obama, professors and others devise plans for extracting a new and improved automobile industry from a semi-sort-of-bankruptcy arrangement that -- if it survives judicial scrutiny; that is not certain -- will give the United Auto Workers 39 percent of General Motors, with the government owning 50 percent. During future contract negotiations, will the union's adversary be an administration that the union helped to put in power?
The UAW will own 55 percent of Chrysler, so perhaps the union will sit on both sides of the table in negotiations....
...It is Demagoguery 101 to identify an unpopular minority to blame for problems. The president has chosen to blame "speculators" -- a.k.a. investors; anyone who buys a share of a company's stock is speculating about the company's future -- for Chrysler's bankruptcy and the dubious legality of his proposal. Yet he simultaneously says he hopes that private investors will begin supplanting government as a source of capital for the companies. Breathes there an investor/speculator with such a stunted sense of risk that he or she would go into business with this capricious government?... "
jewishworldreview.com/cols/will050709.php3
