Will GM, Chrysler go Forward or President Obama's Iraq?

Obama's sobering message to Detroit | Freep.com | Detroit Free Press

President Barack Obama, in his first visit to Michigan as chief executive officer of the outfit that now owns most of General Motors Co., did not declare victory Tuesday in the bailout of Detroit's auto industry.

"It was the right thing to do," he said of extending more than $50 billion in federal loans to give the companies a shot at surviving as leaner outfits with new management.

Obama expects GM, Chrysler Group LLC and the rest of Detroit's auto industry to go forward under their own power, without further support from Uncle Sam.

American Classic Cars

Some scary what-if questions still linger. What if the reborn GM or Chrysler-Fiat don't succeed? What if auto parts suppliers keep failing? Will Obama ride to the rescue with more taxpayer cash?

Can you imagine if a president of a corporation went in front of it's board and said, in order for us to sell more, we must put our products in fewer stores. Insane? Yes, but this is what we are with the Auto industry. It doesn't make sense to force dealerships to close, throwing more people out of work. The average dealership has about 50 employees, meaning the closing of 2,000 dealership could cost more than 100,000 jobs nationwide.

They say cutting the dealerships allows the surviving dealers to sell and service more vehicles, making them more profitable in a way that allows them to spend money on the advertising and their facilities
needed to attract sales.

Let's see, to make a company profitable borrow money you can't pay back, cut your production in half and sell your product in fewer outlets in order to make those outs more profitable. I thought the auto maker was suppose to be more profitable.
Obama had initially expected the entire process to take about 60-90 days. But a new GM has now emerged in around just 40 days since it filed for Chapter 11 on June 1 in the biggest failure of a U.S.
manufacturing company in history.
Chrysler also filed for Chapter 11 at the end of April and completed the sale of its assets to Italian
car maker Fiat SpA within about 40 days.
So now we are making fewer of the same product by the same people with less place to sell them and now the Auto Makers will be a success. President Barack Obama you now own this. Your Iraq.

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China's thriving auto industry -- 22 April 2008

Past Global Warming shows Lack of knowledge in Climate Change

Past warming shows gaps in climate knowledge - study | World | Reuters

SINGAPORE (Reuters) - A dramatic warming of the planet 55 million years ago cannot be solely explained by a surge in carbon dioxide levels, a study shows, highlighting gaps in scientists' understanding of impacts from rapid climate change.

During an event called the Palaeocene-Eocene Thermal Maximum, global temperatures rose between 5 and 9 degrees Celsius within several thousand years. The world at that time was already warmer than now with no surface ice.

"We now believe that the CO2 did not cause all the warming, that there were additional factors," said Richard Zeebe, an oceanographer with the University of Hawaii at Manoa.

I wonder if the bear is holding up a sign. If he was real he would eat them.

Al Gore; Today I challenge our nation to commit to producing 100 percent of our electricity from renewable energy and truly clean carbon-free sources within 10 years. To those who say 10 years is not enough time, I respectfully ask them to consider what the world's scientists are telling us about the risks
we face if we don't act in 10 years. To be sure, reaching the goal of 100 percent renewable and truly clean electricity within 10 years will require us to overcome many obstacles.

Solar, Windmills, Biofuels, Three complete losers. Yes they work in the class room or the lab but do they power a city? No. Do they power a subdivision? No. Do they power a house? Yes about 15% max.
Now we are to power the whole world, with new fuels, in less than 10 years.

The world must burn less diesel and wood, Nobel peace prize-winner Al Gore said yesterday, as the soot produced is accelerating the melting of ice in polar and mountainous regions.

Here is my challenge to President Barack Obama and Mr. Al Gore. If you believe in Solar, Windmills and Biofuels so much, make the largest polluter in the United States convert to them. That seems fair, right?
The U.S. Department of Defence is the largest polluter in the world, producing more hazardous wast then the five largest U.S. chemical companies combined. So lets run our national defence on solar, windmills or biofuels.

Al Gore said sceptics who refused to believe that dramatic cuts in carbon emissions could be delivered should consider the example of the young scientists in the Nasa team who put a man on the Moon on 1969. Okay Mr. Gore make me a believer before you change my life style, work on the largest polluter.
Make the U.S. military commit to running it's whole operations of of 100 percent renewable energy.

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Technorati Tags: Global Warming

GLOBAL WARMING DENIER ROY SPENCER v. SEN. BARBARA BOXER

President Obama says Lost Auto Jobs Gone Forever.

Obama to say some lost auto jobs not coming back | Markets | Markets News | Reuters

WASHINGTON, July 14 (Reuters) - U.S. President Barack Obama will say in Michigan, a state hard-hit by the downturn in the car industry, that some auto industry jobs that have been lost will not be returning.

"(The) hard truth is that some of the jobs that have been lost in the auto industry and elsewhere won't be coming back," Obama will say, according to prepared remarks released by the White House.
"They are casualties of a changing economy. And that only underscores the importance of generating new businesses and industries to replace the ones we've lost, and of preparing our workers to fill the jobs they create," Obama says in the remarks.

Henry Ford. Do you see the driving gloves?

Importance of generating new businesses and industries. Who will create these new businesses or industries. The Government? Which business has the Government created? None, they hinder the growth of Business. This is the line that not only President Obama is using but every Politician since the begining of our Country.


Out of 123,000 North American GM workers, 20,000 are scheduled to lose their jobs.
According to Peter Whoriskey in the Washington Post, "the number of cars that GM sells in the United States and builds in Mexico, China and South Korea will roughly double."


So we are going to double the builds of cars in Mexico, China and South Korea and lay off many auto makers in the rust belt. The jobs that have been lost in the auto industry and  won't be coming back are going to Mexico, China and South Korea.


As rescue attempts go, the Obama administration and its Auto Task Force are pursuing a peculiar course: They seem intent on keeping General Motors and Chrysler afloat as corporate entities by tossing more U.S. workers overboard.


On top of all that, job losses will balloon with the closing of more than 1,100 GM and 789 Chrysler dealerships, eliminating tens of thousands more jobs. “The stimulus package spends $800 billion to create jobs, while billions in loans to GM are conditioned on eliminating them.”


After months of the UAW trying to avoid a fight with Obama, in early May it began openly challenging the use of taxpayer loan money to finance the outsourcing of jobs. “We believe (GM) should have an obligation to build in this country the vehicles it will be selling in the U.S. market, thereby maintaining the maximum number of jobs in the United States,” UAW legislative director Alan Reuther wrote to the Senate.


US President Barack Obama will say in Michigan that some auto industry jobs that have been lost will not be returning. Because the good jobs are going over seas.

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Technorati Tags: Government Motors, Auto Makers

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Bankrupt GM Begins Slashing Jobs

Report, Solar Panels will not Replace Coal, Stimulus Throwing Money Away

Hit & Run > 110 Years to Pay for Those Denver Solar Panels? - Reason Magazine

President Barack Obama signed the $787 billion economic stimulus bill after touring the solar panel installation on the roof of the Denver Museum of Nature and Science.

Since the bill is loaded up with green energy goodies, the president's handlers no doubt thought that the tour made a great photo opportunity. The implied message is that instead of "a chicken in every pot," we'll get "a solar panel on every roof" with the stimulus plan.

But as nice as those panels look, just how practical are they? Well, the Denver Business Journal looked into the project last summer and found that the 465 panel 100-kilowatt installation cost $720,000 and will produce about 130,000 kilowatt-hours of electricity annually. According to the Journal, electricity from the solar array will replace between 2 and 12 per cent of the museum's electricity demand. In fact, an internal museum report says the solar panels will supply only 1 to 2 percent of the museum's electricity need.

110 Years to Pay for Those Denver Solar Panels.

Do you know most solar panels have an expected life-span of 20 to 25 years. So why before signing the $787 billion stimulus package into law on February 17, 2009, President Barack Obama and Vice President Joe Biden toured an array of solar panels on top of the Denver Museum of Nature and Science. Because this is what the government, you and I, are paying for.

Obama said "We expect you, the American people, to hold us accountable for the results," he said, citing www.recovery.gov, a website that will track the stimulus spending and allow citizens to comment and question the allocations.

According to the Denver Post's article on the event, “The sun generates enough energy on the museum rooftop to power about 30 homes.” However, that claim cannot be verified at this time, and in fact, seems to be belied by the scant information provided by the museum and other sources. Laura Holtman, Public Relations Manager for the Museum said in an email, “Because the array generates less than 5 percent of the Museum's power, [the purchased energy] is not a particularly large bill.”

Specifically, the Institute asked for:

1 ) Two years worth of electric bills prior to the installation of the solar array,
2 ) All electric bills following the completion of the installation.

The Museum denied those requests.

Blake Jones, chief executive of Namaste Solar, whose company installed 18 rows of panels, said he called other CEOs of solar companies to evaluate what they found in the stimulus bill. "The consensus is that this bill will immediately benefit companies like ours," he said.

The president used the state as a stage to talk about job creation and civic investment. He said the stimulus bill could create 60,000 jobs here and 400,000 jobs nationwide.

Now we know why the stimulus is not working. We are investing in businesses that does not product an effective product. We are investing in solar panels that will never replace coal. If it works show us the facts. let us see the electrical bills before the panels and after the panels. Al Gore panels are not working. He is using more energy. Please President Obama stop wasting our money.

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Technorati Tags: Solar Power, Stimulus

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Ron Paul on Stimulas Plan