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GM's Dilemma

One of the overriding themes of the Obama Administration has been abject hatred towards executive pay. Celebrities and athletes should continue to be paid $5-$50 million a year through a recession, but for a CEO who creates jobs, drives the economic recovery and achieves real gains to do so is criminal. The anti-competitive Ayn Randian hatred of those better than you is right at the surface these days. Now, Government Motors has to hire a new CEO. They want someone from outside GM. I want to watch this one. Who is willing to work for 500 different bosses (the US Senate., the UAW, Obama and Obama's team of political thugs) with no clear objective: are you meant to be building better cars? Saving American jobs? Is the company a company or a welfare program like Amtrak, the Long Island Railroad, Fannie and Freddie, and the Post Office? But really, what I want to see is what they are willing to pay. Ford hired Allan Mullaly from Boeing with a huge salary. Was he worth it? Initially it ...

Iraqi Shoe Thrower ducks shoe

This is actually pretty hilarious, and amazingly happened in France.. the irony of the guy getting all pissed off that someone threw a shoe at him is classic. Watch the latest business video at FOXBusiness.com

Obama gets put in place by Dem Senator

In a worrying sign, a Democratic Senator recently felt the need to remind our Philosopher King President what exactly were the limits of his constitutional authority after Obama claimed he would agree to cut US emissions by 17% by 2020 for the Copenhagen summit: Sen. Jim Webb, D-Va., reminded the president of his limits in a letter he sent to the White House last week after Obama announced he would travel to Copenhagen and lay out America's goals for cutting greenhouse gas emissions by 17 percent from 2005 levels by 2020. "I would like to express my concern regarding reports that the administration may believe it has the unilateral power to commit the government of the United States to certain standards that may be agreed upon (in Denmark). ... The phrase 'politically binding' has been used," Webb wrote. "As you well know from your time in the Senate, only specific legislation agreed upon in the Congress, or a treaty ratified by the Senate, could actually ...

Ford's Foreign Invasion

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Ford makes some great vehicles in Europe. And finally, they are coming over here. Specifically, I am talking about the fantastic Mondeo (one of the best sedans in the world), the Fiesta (one of the best small cars in the world - and a global bestseller for years), the C-Max (upsized tall wagon fiesta), and the Transit (delivery van). They *should* all be making their way to the US. The first will be the Fiesta, which you should take a look at because, compared to every other small car out there, it looks good. Damn good. And gets 40mpg. And drives well. And had the best car review in the history of car reviews courtesy of Top Gear (getting chased through a mall by a Corvette, participating in a beach landing with the marines, fitting a zebra head in the trunk, etc.) And now I will tell you why I will never, ever buy one. It comes with a nice little engine with an estimated 119 horsepower and 109 ft.-lbs. of torque. Ok, not a lot, but this is a little fuel efficient kind of car. The ki...

Fanboys for Climate Change: WTF BBC?

I normally like the BBC. I read them regularly, and for a government agency, I generally respect their independent viewpoint and editorial integrity. Except on climate change. I have almost never seen such biased and slanted coverage of the issue. The BBC is the ultimate fanboy for human caused climate change with constant articles about how the world is about to end and huge amounts of spin on anything such as the CRU email debacle. From their idiotic calculator I played with not long ago which gave alternative energy as the cheapest energy source for all of the UK's energy needs in 2020 to their unending stream of articles on trying to cover up the huge failure the CRU, they seem to be a organ of the UN and IPCC rather than independent news. Their coverage of the CRU emails is pretty funny. They are trying to cover their bases by saying that the emails dont really mean anything, giving the following quote: '"Opposition groups are taking passages out of context to try to ...

Government Motors fires second CEO in 6mo

In a not very good sign, GM has fired their new CEO who came in to replace Rick Wagoneer after Obama asked Rick to step down. In this case there is no detail yet on why the firing/leaving took place. There is some speculation that he was fired by his UAW overlords for not taking his second required 45minute break of the day, exclaiming "aren't two 15minute breaks, a 45minute break and a 2hr lunch enough already???" The second part of that story, it must be said, has not been corroborated.

Coming in from the Cold: Climate Sceptics move mainstream

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The "global consensus" on climate change is increasingly being exposed for what it is: a sham. Thanks in part to the recent hacking of emails at one of the centers for climate shamatoligy, the skeptics so long lambasted and blacklisted are now having their rightful say. Sunlight it is said is the best disinfectant. This should continue a trend already going on: increased reluctance on the part of the public to swallow the global warming charade. "Just 57 percent think there is solid evidence the world is getting warmer, down 20 points in just three years, a new poll says" was the result from a Pew poll a few weeks ago. Two must read articles today: The first I will just link, it is basically why the climate change scam has been foisted on us, and the simple answer is money, specifically huge amounts of research money going to the cabal that created the mirage. http://online.wsj.com/article/SB10001424052748703939404574566124250205490.html?mod=loomia&loomia_si=t0:...