Saturday, December 27, 2008

christmas

Well, another Christmas has come and gone. We can now look forward to the new year.  We can hope that the new year will be more prosperous and pleasant than what we have been subjected too for the last couple of years.
     Soon we will be swearing in our new president and the new Congress will begin doing whatever it is they do between gridlock sessions and we'll see how the economy reacts. 
      I, myself, hope to get some of my many projects completed. That is, assuming, I still have a job. I am getting too old to continue to accumulate projects without finishing any of them. My Gransport needs to be back on the road and my street rod needs to get at least running under it's own power.

Friday, December 12, 2008

Bailout

Anyone else getting sick of all this bailout bullcrap? Now that the floodgates have opened with the Wall Street handouts everyone one else has gotten in line. It appears the latest one, however seems to be in doubt. That's the "Big Three" automakers for people who have gotten tired of following the soap opera.
       I know, I know, there is supposedly thousands and thousands of jobs riding on the outcome. But stop and think about it......... if there is a market for the cars someone will build them, be it GM, Ford, Chrysler, or someone new. Thus the people will have jobs producing them. If there's no jobs available it's because there's no market for the product or service. What are you going to do pay people to produce products that no one buys? Doesn't make a lot of sense to me!
      To make things even more bizarre, as if coming to beg for a handout in a multi-million dollar jet wasn't strange enough, the amounts needed are seemingly anybody's guess. First 25 billion is the number asked for, then coming back for the second round they ask for 34 billion. Now the number of 14 billion is being kicked around as the amount available. Are you kidding? GM loses more than that in less than 2 months the way they're operating now! What happens then? Give them some more money? Maybe bankruptcy and reorganization isn't a bad option.