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Posts Tagged ‘Congress’
The Ken Burns’ America: The Congress
Sunday, September 5th, 2010LG Kf700 Launched at the World Mobile Congress
Wednesday, September 1st, 2010LG KF700
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Should Congress Bail Out the Big Three?
Saturday, August 28th, 2010First Class is not even good enough for CEO’s three largest automakers, Rick Wagoner of General Motors, Alan Mulally of Ford Motor Co., and Robert Nardelli of Chrysler Corp. Each CEO was flying in style one of their luxury business jets hope to present their arguments in Washington that the automotive industry in cash and $ 25000000000 needed to prevent taxpayers’ money in bankruptcy.
Wagoner, GM had $ 36,000,000 luxury, flew 10 to $ 12 billion for GM to put one at the expense of his failing business an estimated $ 20,000 for the trip to Washington! Even when the company is short of cash, drives a fleet of eight jets Ford Motor executives for their work. GM and Ford say that there was a business decision on their private jets to fly CEOs and is not negotiable. This is a slap in the face of taxpayers, “said Tom Schatz, president of Citizens against government waste. When the Union of Automobile Workers (UAW) for the costs is around $ 2,000, the cost of a car added responsibility, one wonders how the legacy of several executive added to the cost!
Detroit automakers nearly $ 18000000000 in cash last quarter burned through $ 7000000000 for GM, Chrysler and $ 3000000000 7 7000000000 Ford GM said, the funds just before the end of 2008, and declared that Chrysler would be difficult to survive without help.
The CEO said that what Congress has limited that they continued to fail is now the global financial crisis, the availability of credit and falling sales. They said that their problem is not their business nor their long-term strategies, but the financial situation, we are now. However, for years held the “Big Three buildings, what they wanted, without regard to the economy of the world around them and the needs of consumers, cheaper and safer cars have started to prefer better mileage. At the same time, foreign automakers building more efficient, more reliable and more fuel efficient Cars were. The truth is that the U.S. auto industry had fallen asleep, mostly.
Whatever your political persuasion, no one thinks that the car company executives do a good job. It is difficult to have sympathy for an industry that has been treated so rudely. People are afraid they will take that money and continue the same stupid decisions they made in 25 years. They descend, they say. Taxpayers’ money is up in smoke when added to poor management by example. The money to bail out GM go to a plant 300 billion U.S. dollars to build St. Petersburg in Russia, continues SUV! Consolidation and reorganization will end up with jobs abroad! Companies fail to take their place every day and others. We’re still cars, but they will not be made by American companies!
Suffice it to say, but there is so much to lose. If only one car manufacturer has declared bankruptcy, if we, the workers and materials and components and the people who produce and share work at car dealerships, some U.S. estimates, the loss of jobs in the coming years as high as second five million. A stop GM alone could push the unemployment rate in the United States next year to include May 9 percent. According to forecasts, the collapse of GM would cost the government 200 billion dollars for expenses related to unemployment insurance and other programs are connected. Other statistics show that the reduction in resistance of 50% of U.S. carmaker’s operations result in the loss of 108 billion dollars of federal, provincial and local tax revenues over three years. Therefore, some argue that it is a choice between $ 25000000000 in loans now lost more than once or billions of dollars in taxes in the future. An estimated 850,000 retirees and their dependent families, pensions and health care on the Big Three. The Big Three contributing 21000000000 per year to Social Security and Medicare. If we all companies that depend on the automotive industry, and we talk about one tenth of the labor market of the United States.
Japanese and Koreans are setting up factories in the United States. Do we want them to pick up any slack? We bail out Wall Street plutocrats, and major banks. Decelerated the American auto industry die more to write the economic future of the planet. The truth is that our auto industry important for our country and its industrial base. A production capacity lost when needed in the war, just not a threat to national security. If this is true, why do not we believe that as President Roosevelt in the Second World War?
President Roosevelt took the American workers engaged in the manufacture of what was needed. Yes, we can bail them out, but with large series. Just ask for a map of “sustainability and accountability” is not good enough. We may require “radical” changes. Then leave the ball in their court, they may be liable if they refuse to comply. ” Off with their hands. “You can do it or leave it. Otherwise, we can the consequences of the fall now, because if such an agreement is not done, America will lose the industry anyway with the taxpayers’ money.
What are these “radical” changes? The incompetent managers must be replaced. The buck stops here! No golden parachutes. No sub-contracting. The government owes the decision, the voting stock, to ensure that the industry will help us build an efficient transportation system, and create affordable, fuel efficient cars that are environmentally friendly. Of course, all these operations must be performed in the country. In playing its role in reducing our dependence on foreign oil, the car companies to become part of a solution as desired. Such a conversion would help the U.S. economy in myriad ways, and I’m sure most of us would be pleased to see taxpayer money being used for this purpose. Codde Adware
PS. More than anything, what would really help the car manufacturer is a national health care plan. There are many controversies, so this should be the subject of another article.
The US Government is not an Independent Self Funded Entity – Regardless of How the 535 Members of Congress are Acting
Wednesday, August 25th, 2010
monthly Hugh G. BodellOver recent years because of conversations with friends, relatives, colleagues and acquaintances, I have an amazing, but more important is the terrifying result came. It seems to be a perception that the United States government funds that were emerging in storage or are used by some private stash must save to any device or in financial difficulty. This comment is really to be a bipartisan piece. My concern is not who is the cause of any group or cure our current economic problems are. My goal is apparent between the 306 million citizens of this great country and billions of dollars away, or committed by a collection of 535 men in the control of the environment and women to address some call the Congress, I demand self-appointed chief financial officer. First, let me present the foundation is, in my comment today. Whatever the economic system in which we live, capitalism, as amended capitalism / socialism or socialism in its own right is the only source of wealth of the people. Non-financial corporations, non-industrial enterprises, service providers and not certainly not the government. Each asset in the economic infrastructure of our country begins with the individual effort and its services, some of these efforts. The Big Three need cash, like individuals, the type normally buy one of their vehicles will not or can not have failed to raise the necessary funds. Taxes, these three giants would normally be paid to various levels of government will not be paid because they make profits because people, individuals are not buying their products. Builders will not buy their product because the trucks, buildings, no buyers, because once again, are people who usually tend to buy their buildings would be unwilling or even can not have failed to raise the necessary funds. So, if spending does Charlie or Charlene citizens, regardless of what they do not buy, the result is not made and taxes are not paid. If taxes are not paid for support under this body as an amorphous government no money for their bailouts without end. Where do they get that they are borrowing the loan and realize the balance of every living soul in the United States. True, you need the money that the 535 brokers are financial rescue banks, brokerage houses, car manufacturers continue to borrow, and who gets on the line. I truly believe that if the American public began to see public spending at a more personal level, called the chief financial officer out of control of Congress would find itself in hot water they deserve. So I’ll try to do here, “personal.” Remember, through this exercise that the taxpayers only get the U.S. Treasury, which will be repaid term debt must be paid by the individual listed , whether income, sales, property, etc., the source of workers, men and women of this country are the only company lines through which passes the money.’s start with what the previous issues of binge eating 23rd December 2008 due to the national debt is about $ 10. 612 trillionTo see that many in their entirety frightening $ 10.611.615.687.668 Now, I should add that the money that the rescue plan is not included in the above, and leave it where it really is $ 1. trillionTherefore 000 535 as financial agent now committed to your future income to repay $ 11. trillionNow 612 can add estimate elect Barack Obama, Bailout Increased / recovery, the government needs to borrow $ 3. trillionSo 000 somewhere between now and summer 2009, the citizens of this great country will to different lenders in the world $ 14. 612 of the population of this country trillionThe 306 million today, why every man, woman and child, from sea to shining sea is due $ 47,751. 63 to put this figure even closer to home, the average American household has the second 59 souls in him, according to the U.S. Census Bureau, the average family size per household is in the hole for $ 123,676. 73 of the summer, and he got nothing, for 123 Main, hell, you do not even know you need. It is imperative that you have to think at this point in this term, because you pay it back. We have already established that taxpayer money does the U.S. Treasury from a company ultimately a person do good, that tax dollars paid by the rich. Those of the rich, a life that are supported dividends… these are just another dividend distribution of profits by selling you, the individual products or services. All the same with artists, athletes, businessmen, etc., when you do not buy their music, games or buy their products and services, it is simply not rich, so they not pay enormous taxes. Harry Truman said of his work as president of the United States, “The buck stops here.” Now, any citizen of the United States in the enormous commitment that make the 535 loan brokers with your money, property, and thus begin to realize your future and “the responsibility to look here. I would really feel that this comment has been a success when people start to read the table of their own specific budget. With the $ 11. 612 trillion, we have the responsibility of the total population of the United States from today, all souls, for $ 37,947. 71 of 535 loan brokers debt that you have committed. Each time you listen to commit the financial agent of another trillion divided by the number of inhabitants, 306 million euros, adding to the $ 37.947. 71 and multiply by the number of people in your household. before, the most honest, people who work that this nation is built to go all night can say, “” My biggest creditor is a group of incompetent snails, which made me a loan without my permission, I just back there and the government on their side, to pay me. I’m in this fix because 535 incompetent, self-appointed agent signed my name in the financial loan agreement, not theirs, mine. “Then they vote out of office before the bankruptcy all 535 of them! Hugh G. Bodell is a freelance writer and native New Yorker who knows many things, but not an expert… Well, maybe few. Feel free to visit him at http://www. ghughbodell. com
Presidents & Congress Ignoring the Constitution – Judge Napolitano
Saturday, August 21st, 2010
Is the government we have today what the founders had in mind? Everyone in government takes an oath to uphold the Constitution, but few do so. Beginning with John Adams, and proceeding to Abraham Lincoln, Woodrow Wilson, and George W. Bush, congress has enacted and the President has signed laws that have criminalized political speech, suspended Habeas Corpus, compelled support for war, forbade the freedom of contract, allowed the government to spy on Americans without a search warrant, and use tax payer dollars to shore up failing private banks. All of this legislation is so obviously in conflict with the plain words of the Constitution, that one wonders how Congress gets away with it. The truth is, that the Constitution grants Congress 17 specific delegated powers, and commands in the 9th and 10th Amendments, that the powers not articulated and thus not delegated by the Constitution to the Congress, must be reserved to the states and the people. What’s more, Congress can only use it’s delegated powers to legislate for what we call the general welfare. Meaning it cannot spend tax dollars on individuals or selected groups, but only for all of us. And, Congress cannot deny the equal protection of the laws, thus, it must treat similarly situated entities in a similar manner. It is clear that the framers wrote a constitution, as a result of which, contracts would be enforced, risk would be real, choices would be free and have consequences, and private property would be …
The American Congress Reader
Wednesday, August 18th, 2010 Product b> The U.S. Congress
Reader is a complement to the popular and recently updated U.S. Congress undergraduate textbooks. From the same author, on Capitol Hill experience and nationally recognized scholarship has a clear understanding and analysis of the inner workings of Congress is there, do not drive the best scientific work on parties and systems committee, leadership, coordination and activity of soil to expand and illuminate the essential features of the T.. . more>> a>
Congress OK to cancel ACORN funding: appeals court
Saturday, August 14th, 2010Congress OK to cancel ACORN funding: appeals court
An appeals court today upheld a decision by Congress to cancel funding for the controversial ACORN activist group last year in the wake of a secret-video scandal. The federal Second Circuit Court of Appeals in Manhattan overturned a lower-court ruling that said the move violated the Constitution by punishing ACORN…
Read more on New York Post
The Broken Branch: How Congress Is Failing America and How to Get It Back on Track
Tuesday, August 10th, 2010 Product b> offers
The Broken Branch is both a brilliant diagnosis of the cause of the decline of the Congress and a plan for much needed change, two experts who understand politics and revere our institutions, but believe that the Congress has become deeply dysfunctional. Mann and Ornstein, two of the most renowned researchers in the nation and the wise government and the policy to the historical roots of the disease in light of the current Congress, the review of 40 years continuous DEM. . . more>> a>
The Broken Branch: How Congress Is Failing America and How to Get It Back on Track
Tell Congress No On The Trader Tax
Tuesday, August 3rd, 2010Here in BigTrends we rarely venture into politics, unless we analyze the possible reactions to political events in terms of business opportunities. We prefer to see the benefits for our customers and graphical analysis Feelings then worry about what politicians do.
However, a congressman from New York a bill is dangerous for traders and active investors, as we have proposed ourselves, our newsletter readers, our Premium Advisory subscribers, we’re coaching. Enough for us to join them through a link on the website that allows you to petition against the adoption of the proposal and will introduce you to automatically email your senators and congressmen. The Bill H. R. 1068 imposes in fact a 0th 25% VAT on the purchase and sale of financial instruments such as stocks, options and futures. Although it may seem small, it could lead to travel round trip from $ 50 to buy 100 shares of AAPL amount, for example. And with all the trades you make.
When you go to this site, you will find more information on the bill and how to sign the petition to his office and e-mails / letters to send to Congress. http://www. Congress rally. com: 80/no2tradertax/1536/tell-congres-to-block-trader-tax/Here some opinions on this proposal and Price Headley BigTrends team of portfolio managers:
Price Headley, President:
I see the possibility, Trade and Invest as a true symbol of capitalism and freedom, which helped to increase across America in the last two centuries. As if the swing, which was our socialist government was not offensive enough for our ancestors and all Americans who work hard, the idea of a tax on investment decisions are among the stupidest things ever in Washington (yes, right up there with the ridiculous ban short selling in September – see how well that worked, too?). A tax on all actvity trading limit would be sensitive to the frequency of trading decisions, and thus market liquidity would be seriously affected. I hope you all we click the link BigTrends join and sign the petition to protect your voting choice, to score as many or little as you wish, without imposing additional state. (More below)
Bob Lang, Portfolio Manager: This will have an impact and be very negative on retailers. The currency and futures markets, which were a source of liquidity and balance sheet, or suffer the consequences will be enormous benefits. The government’s response to the reactionary past is not greed at the heart of Wall Street problems. Once again the government has big bully for small operators, by restricting market access to rich. Andrew Hart, Portfolio Manager: This administration is the method, a scapegoat for the financial difficulties to find and it is likely backfire. From my point of view, taxing all businesses (profit and loss), liquidity is more. By raising the costs of transactions, many merchants, owners of small businesses, trade can stop or reduce the Common Shares traded / contracts. Reduced liquidity may have far-reaching implications, as we have seen in the credit markets in late 2008.
Moby Waller, Portfolio Manager:
While there is certainly anger against Wall Street to Main Street because of the dust bag Madoff the world and for other reasons, an additional tax on active investors is not the answer. A bill like this actually decrease the volume of trade and may impede a possible resumption of the market in a new bull market that will lift all boats (and 401k, etc.). It will not help the industry in financial difficulty which is the subject of much of our current financial mess. I would actually favor a reduction (or suspension) in taxes on capital gains on securities transactions (both long and short term) increase as a means to markets due to the activity of increased buying. Scott Downing, portfolio manager:
As we have seen in the past, create a tax shift in supply and demand. If this tax is imposed on traders, banks and brokers will have to reduce their margins to offset the tax because they are trying to stick to dealers in the game we already know that banks and brokers straight lines that now, this is not a good solution to the problem. As the government continues to lend money to businesses and shareholdings in these companies, it is most traders want to stay away from markets, because they can not predict the government’s next action. The tax is ultimately takes us further from the free flow of capital market, which stimulates the economy of our country, that the current recession.
Once again, we invite you to visit the website linked above, and sign the petition urging Congress not to put this law has changed.
Trade Now
Price Headley
U.s. Automaker Ceos: Congress Should Address Skewed Japanese Yen
Friday, July 30th, 2010Chief Executive Officer of DaimlerChrysler USA, Ford Motor Company and General Motors deal Corporation inspirited Congress a few days on key issues on the yen and undervalued oblique Japan during a summit “Industry” by the Senate U.S. Democratic Policy Conference on Capitol Hill led.
Alan Mulally, president and CEO of Ford Motor Company, said that during the Forum in an open market, the value of currencies should be impartially determined and not determined in advance by the government. He said that China is the recent emphasis that Japan is deeply concerned about the automotive industry. He added that the U.S. government to the Japanese government to allow the yen to go back to their fair value because of its need for asymmetric yen is one reason why a large deficit in the auto industry in the United States.
Stephen Collins, President of the Automotive Trade Policy (ATPC) has reported that almost all major currencies except the yen has been hugely appreciated against the dollar. In fact, the Japanese yen has a very diluted – as opposed to the state of global capital markets – the dollar and other currencies of major industrialized countries.
Collins added that serious disruption and destruction of U.S. carmaker is caused by the yen wrong. In 20 years, the Japanese yen has now reached its lowest value. He explained that the yen depreciated readers subsidize billions of dollars into the Japanese auto firms, the results for increasing exports of Japanese vehicles and parts direct. The long-term, Collins added that Japan is by car, truck, SUV and exports reached U.S. in order to be noise to the second of five million vehicles this year.
The CEO of DaimlerChrysler USA, Ford and General Motors said in the forum with the Congress that they support Senator Debbie Stabenow deeply legislation – S. 1021st
The law requires the U.S. Treasury to take strong measures at the bilateral level – reaching the international level – is correct realignment of the Japanese yen with other OECD countries.
Collins found that Congress made an important action in this case, the resolution in any manner, misalignment of the yen, the most important elements of competitiveness in the U.S. auto industry.
About Automotive Trade Policy Council, Inc. (ATPC)
In Washington, DC – Association nonprofit professional Automotive Trade Policy Council, Inc. (ATPC) represents the common international economic, business interests and investment policies of its member companies: DaimlerChrysler Corporation Ford Motor Company and General Motors Corporation.
About General Motors Corporation
Even GM or GMC, General Motors Corporation has announced the second (after Toyota) largest car manufacturer in sales as in 2007. Manufacturer of cars and quality parts, has approximately 284,000 employees worldwide GMC.
It was founded in 1908, in Flint, Michigan, and has its headquarters in the Renaissance Center in Detroit, Michigan, USA. In Zurich, Switzerland is their European headquarters. The U.S. auto maker produces its cars and trucks in 33 countries.
GM cars and trucks under the Buick, Cadillac, Chevrolet, GMC Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn and Vauxhall brands sold.
GM parts like GMC grill and accessories on the market under GM Performance Parts, GM Goodwrench and ACDelco brands through GM Service and Parts Operations, has announced that GM dealerships and distributors all deliveries worldwide . The United States is GM’s largest national market. This is achieved by China, Canada, the United Kingdom and Germany.
GM builds No. 1 when it comes to Strategic Vision’s Total Quality Index (TQI) comes.
About Ford Motor Company
Ford Motor Company is an American multinational. On the basis of vehicle sales worldwide, is the automaker’s third-largest in the world after the leaders of Toyota and GM.
Ford was the second largest manufacturer in the United States seventh with 5 Market share percent, after General Motors 24th with 6 percent, but ahead of Toyota’s 15th 4 percent and DaimlerChrysler with 14 4 percent. It was after the 2006 documents. In 2007, Ford was the place to seventh American-based companies in various Fortune 500. This was based on the total income, which amounted to $ 160. € 1 billion.
Based in Dearborn, Mich., a suburb of Detroit, the automaker was founded by Henry Ford and incorporated in June 16, 1903. Its global brands, including Lincoln and Mercury, the U.S., Jaguar and Land Rover in the United Kingdom, Sweden and Volvo. Ford also owns a majority of third-party control of Mazda.
In addition to producing quality products, Ford is one of the ten largest companies worldwide in terms of revenue.
About DaimlerChrysler
A German Car Corporation, DaimlerChrysler is the fifth largest automaker in the world. It produces cars and trucks under various brand names like Chrysler, Dodge, Jeep, Mercedes-Benz, Smart, Maybach, Mopar and GEM.


