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40480. jexster - 11/23/2008 1:40:58 AM

It started a week ago.

Josh Marshall suddenly stopped campaigning for the Wonkers bailout and started writing about "drift"

Josh Marshall kept it up for a couple of days....then his pal Krugman in his Friday column....now Robert Reich writing at


YOU GUESSED IT


It's a plot I tell ya

40481. jexster - 11/23/2008 1:44:15 AM

I think that the present and PAST GM execs who caused this mess should join Robert Rubin on the Black Pearl and the rotten lot of em should walk the plank


aaarrggh

40482. arkymalarky - 11/23/2008 2:04:28 AM

Well I certainly agree with that.

40483. jexster - 11/23/2008 2:14:06 AM

From Queen Bee to Beeyatch

40484. jexster - 11/23/2008 2:20:39 AM

As Reich rightly and righteously notes in another post today at TPM, it would truly be a crime if Wizzer's Citigroup buds at the Country Club of Darien got bailed out while Honkers and his pals have their yatchs repo'ed

40485. jexster - 11/23/2008 5:12:43 AM

If I had my druthers right now we would convene a special session of Congress, amend the Constitution and move up the inauguration from Jan. 20 to Thanksgiving Day. Forget the inaugural balls; we can’t afford them. Forget the grandstands; we don’t need them. Just get me a Supreme Court justice and a Bible, and let’s swear in Barack Obama right now — by choice — with the same haste we did — by necessity — with L.B.J. in the back of Air Force One. What we can do now, though, said the Congressional scholar Norman Ornstein, co-author of “The Broken Branch,” is “ask President Bush to appoint Tim Geithner, Barack Obama’s proposed Treasury secretary, immediately.” Make him a Bush appointment and let him take over next week

Friedman

40486. jexster - 11/23/2008 6:49:31 PM

Grand Old White People's Party Leaves Its Negroes on the Back Porch

The lefties don't want you to know the inconvenient truth - MLK was a republican

40487. jexster - 11/23/2008 6:52:51 PM

40488. arkymalarky - 11/23/2008 7:45:19 PM

Interesting on Late Edition with Steve Forbes and Robert Reich. Forbes said something I thought sounded sensible: the gvt now owns Fannie and Freddie, so refinance and offer new mortgages at 4.5% for 30 years.

Don't know much about economy, but is it possible to reverse what's already been done with mark to market, even assuming that would be a good thing?

40489. alistairConnor - 11/23/2008 8:13:56 PM

The car makers want government money?

Government should buy them.

Their current product lines are mostly unsaleable; developing new, smaller cars will take five years. Instead, develop electic cars,
but more importantly : buy licenses to make trains and street cars. Use all that technology and skilled workforce to create infrastructure.

40490. David Ehrenstein - 11/23/2008 8:54:00 PM



40491. arkymalarky - 11/23/2008 9:01:18 PM

That's what I keep thinking, Alistair--that it's a shame to dump the talent and equipment right when we're looking at the need for a massive transportation transition. Whatever they decide, a wholesale removal of the current CEOs should be part of the deal.

40492. arkymalarky - 11/23/2008 9:05:26 PM

I agree, Max. Obviously they can't sustain at three. Merge with strong gvt regulation and support and a focus on green technology and let the company go independent once it's paid back the gvt.I think that should be the case with any business that takes gvt money.

40493. David Ehrenstein - 11/23/2008 9:21:51 PM

Latest FaBlog: More in Anger Than in Sorrow

40494. wonkers2 - 11/23/2008 11:57:12 PM

It would be really stupid and irresponsible, not to mention unfair, to allow a couple or three American auto companies go under as we enter the deepest recession since the thirties and after we've set aside $700 billion for the clowns on Wall Street that are responsible for the world crisis and $180 billion for the crooks and morons at AIG. The business about the "private jets" is a cheap shot. Company planes are common and can and do serve a legitimate purpose. It was poor judgment for them to fly three planes to D.C. They should have flown down in one plane or if they wanted to pander to the pundits and bloviating Congressmen they should have flown coach on a budget airline.

40495. jexster - 11/24/2008 12:02:51 AM

Not to mention that 40 bucks of every autoworker's paycheck goes to finance Wonkers pension and health care benefits not to mention those of the rest of the incompetent retired execs who now want YOU to keep them in the style to which they have become accustomed

OR ELSE

or else what assholes

PS..In the unlikely event that any of you are in the market for a new car or if you have driven a Ford lately

quality automobile right here

40496. jexster - 11/24/2008 12:04:07 AM

I say we nationalize the auto industry just as we've done the banks and strip all current and past salarymen of all pensions and benefits


Let em live like the rest of us

40497. jexster - 11/24/2008 12:09:14 AM

The worst mistake Wonkers EVER made (after retirement) was picking me up in a rented Lincoln; immediately launching N2 the 30 year old Detroit whine about imports, and then taking me to lunch at the ST. FRANCIS YACHT CLUB where he admitted, albeit in hushed tones, that he'd been JEWED


Free for lunch Arky?

40498. judithathome - 11/24/2008 12:19:30 AM

I am loving my 2009 Hyundai Sonata Limited...just utilized the heated seats this week and I can highly recommend it for people in the NORTH!

Ten year warranty, GPS, X/M radio, and looks JUST like an eighty thousand dollar BMW. I know, because my friend bought his Beemer the same week I got my Hyundai and was amazed at how similar they are.

40499. jexster - 11/24/2008 12:56:55 AM

Sweet!

Bet you're happy you didn't listen to Wonkers the Welfare Queen and shelled out shekels for a fucking Malibu!

Judith didn't fall off the turnip truck last night

Anyone else have a My-Momma-Din-Raise-No-Fool story to share?

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