Tag Archives: stimulus

The Car Companies – They Have It Coming

For a lot of people, (including me) it looked as if Obama is bullying the auto makers.

But before we go there, I want to talk about my personal feeling towards the “car issues”.  And this feeling of mine exist long before the financial crisis ever got into full swing.

Each month an American family buy approximately 4 or 5 DVDs, 2 or 3 books and CDs,  and probably 10 set of new clothes. So it doesn’t make any sense to me that on TV no matter what channel, there are more car commercials than commercials for DVD, books, video games, and music COMBINED. Who are these people that buy 4 or 5 cars every month? Most people I know who are in their 40’s and 50’s have owned only 2-3 cars in their lifetime.

There are way too many cars in this country

I used to live DC Metro Area. There was an HOV2 lane on 270. HOV2 lanes mean that any vehicle with more than 2 passengers is allowed to use it. You know, to speed up the traffic. The HOV2 lane, ladies and gentlemen, is always EMPTY!

That means that every car that is clogging up the other 4 lanes of the highway are all one car per person. That’s insane! People! You can’t have 1 car per 1 person. That’s just not possible. There’s barely room enough for human being on foot. We can’t make room for millions on car. There are 2 millions people in Virginia over driving age. What if all of them have cars?

BUT THEN! You say. If they want cars, how can anyone tell them not to get a car? Who are we to tell them not to buy a car? The answer is very easy.

Everybody who want big screen TV,  PS3, and super fast computer can get what they want, if they have the means to pay for it. That’s what should stop them, MONEY. Problem with the car industry? People who can’t afford to buy cars are still driving cars. That is insane. That destroyed the entire idea of Capitalism. People with bad credits are taking out loans on their cars just like people do with houses, and the insurance companies just can’t freaking handle the weight anymore.

When there are more cars, unpaid for too by the way, cities that are out of expansion room (because they are islands) like DC and Manhattan are packed with traffic. Urban areas keep expanding. More trees get cut off and more parking lot built. Oil price getting higher and higher. And when all these happened, the car companies just can’t seem to understand the problem. They were like: “We don’t have a clue. We thought our sales number are just going to go up and up and up. I thought people would buy cars forever.” They don’t have a clue.

Well, Obama is not going to take “don’t have a clue” for an answer.

Of course GM and Chrysler’s reports aren’t going to satisfy Obama administration. They live in a fantasy world. They said “people love cars and we love selling them”. Somebody please tell them that car is not like shirts and hats where you can buy many of them, store them in your closet, and used each one for the different day of the week. Car is not like that. Nobody drive Audi on Monday and drive Chevy on Tuesday.

But believe it or not, their motto was, as long as we build cars there will be people who are going to buy them. Are they going to pretend that people with worse and worse credit are able to get their hands on cars and then… oh I don’t know, pay on time?

The car companies could have given Obama a crayon drawing of the unicorn in place of their forecast. And this looks bad for Obama, having his people going in there and tell them how to run the proper company and force them to let go of unprofitable department.  But he is doing it to show that he’s not just going to abandon the companies outright, even if it means he will look like a big government posing socialist policy onto a great American company. He’s not. He’s being way too nice.

What Obama threatened the auto-makers with, I would just do it without giving them a chance. Having them running around trying to reorganize themselves knowing that it is impossible is just too damn cruel.


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All about the AIG Bonuses

AIG execs are like the people who cut trees along the beltway way during morning rush hour. Of course those tree-trimmers are not evil. It’s just that their job is making everybody else’s life a living hell. So there is a choice. Ignore other people’s plight, say “I’m just doing my own thing, don’t like it, too bad for you”, or be nice.

So why do those tree guys still work during rush hour and why do AIG refused to let go off of their bonuses?

Is there room for niceness in Capitalism?

No government can force its citizens to be nice. But is it important? There’s never a rule. What happen to a business person being called Sharks, and Cut Throat? Isn’t that cool and badass? That is why AIG is so dumbfounded. Why are people unable to tolerate their thick face selfishness all of the sudden? It’s business and it’s America. Why should I be nice?

Actually, niceness is a foundation of success for any group consists of two or more human beings.. You shouldn’t care about others’ opinion so much that you can’t be yourself. But without support, how can anyone do anything other than masturbate?

Never mind the marketing stuff you learn in Business school. Before they teach you how to count, catch a ball, and even the alphabet; the first thing adult teach you right after you started crawling and grabbing thing is to be NICE.

Niceness works in your favor in a classroom, on a bus, on your date, at your office, in congress, in Hollywood, and I am pretty sure it will be just as helpful on Wall Street.

Why is niceness important in Capitalism? Isn’t the system designed so that it would work best when a company wants to crush its competitors?

AIG is not cheating the competitors. They are cheating the PEOPLE.

The people who make AIG what they are. The people who suffer are the clients, the employees, and the government. Even if the economy magically come back into full swing tomorrow, AIG still can’t deny the fact that they are like the guy who take 4 slices of pizza and put it on his own plate, eat it in the middle of the living room, then wonder why all the other guests at the party were frowning.

Their Excuse is… They earned it

Their argument for taking billions in bonuses, bless their heart, is that the money is owed to them. What they deserve. Yet they failed to realize that the entire country is suffering. There’s a woman who make “myhusbandneedsajob.com” website. That’s how bad it gets.

Think about this way. Your aunt promised you that if you get a B, she will buy you a Playstation. You got that B, but then would you go and ask for that Playstation a few minutes right after her house just burned down.

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Cable News War: Jon Stewart vs. Jim Cramer

Jon Stewart of the Daily Show, the only remaining news program that I still “watch”, has gotten into a war with words with CNBC’s stock analyst Jim Cramer. The whole thing didn’t start with Stewart mocking Cramer out of nowhere. It actually started with a guy name Rick Santelli.

It all began with “Losers Home Owners”

Santelli is angry at President Barack Obama for giving part of the bail out money to the “losers home owners”. He said “this is America, no one wants to pay for their neighbors’ mortgage”.

To be fair, Rick, we don’t want to pay billions for banks that keep giving out loans to unqualified home owners either, but we have to do that now don’t we? For what? Oh for the good of the country. I guess even that action can also be considered as socialist-like.  Selfishness is not synonymous with Capitalism, as much as you want that to be the case so you can justify your greed.

“Winner Home Owners” don’t watch CNBC

To counter the attack on Obama, Jon Stewart attacked CNBC claiming that their wrong advices may have something to do with people losing money and not able to pay for their houses. And Stewart pretty much mocked everyone from that network in order to prove a point to Santelli, that NO ONE SAW IT COMING.  Anyway, Cramer was among those  mocked. I don’t know if Santelli gets it or not, but Jim Cramer definitely did not get it.

Jim Cramer got personal

What Jim Cramer didn’t get is that if you are going to start a verbal argument with someone in-say, a classroom, you are better off taunting jocks, nerds, cheerleaders, goths, neo-Hippies, or even the teacher. But if you are sensitive to other people’s words, don’t start a fight with a class clown. No matter how great you think your comment will be, an experienced class clown can make fun of you 10 times better and makes you feel 10 times worse.

UPDATE: Cramer went on the Daily Show March 12th 2009

A credit has to be given to Cramer, the man is not afraid of the camera. He went on so many shows after the incident, including Martha Stewart. I think despite the overall opinion that Stewart “won” the interview on The Daily Show, the whole  thing seems to be harder on him than on Cramer. Before the end of the episode, Stewart remarked: “I hope that was as uncomfortable to watch, as it was to do”. Yeah, no kidding.

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Rush Limbaugh: Conservative Messiah Complex

The Election After Math

I remember how I felt after Bush won the second election. Will we ever have another Democrat president? The entire country is Red! And there were so many studies come out, saying how Democrat never really won any election. Like, Clinton’s victory from the first Bush was because a third party was stealing votes from the Republican. etc  To sum up: there was no hope in sight.

Now, as Obama swifts the nation with his enormous popularity, it’s the Republican turn to feel lost.

The Republican Republican Democrat Democrat Cycle. Create War Create Debt, End War Fix Debt. Rinse and Repeat

They did not know what went wrong. Actually, I think they do, they just don’t want to acknowledge it because changing is not an option. So they can wait out Obama’s 8 years. Let him rescued them from this recession, and then after he finishes his second term, hope that the country is ready to have another Republican president to lower down the tax for the rich, cheat off small businesses, start a war to stimulate weapon industry, and finds more place to dig oil. You Dig?

But for now, there’s Rush Limbaugh, who is such a messiah that when RNC chairman Michael Steele criticized Limbaugh, Steele was the one who has to apologize. So, who is this Limbaugh anyway?

The Legacy of Rush Limbaugh

A college drop out radio personality, Limbaugh imitated Michael J Fox Parkinson symptoms, played a song called Barrack the Magic Negro, called soldiers who disagree with the war “phony soldiers”, and he wants Obama’s plan for the economy to fail, claiming that liberal wanted Iraq War to fail too.

I was never for even one moment happy when I heard more soldiers died in Iraq. I wanted the Iraq War to succeed. I couldn’t care less if Bush was going for his third term, when I saw Saddam statue fell down in Baghdad I was happy. And what I don’t know is, how can Limbaugh be happy if Obama fail? People are going to suffer! The economy is like this everyone will be on edge. The country will… Oh right, I forgot. To Limbaugh, caring about other people is thinking like a communist.

Conservative Is Important Part of a Two Party System

A country needs to have at least two-party system and a balance of conservative and liberal values. You can’t have one party having the upper hand all the time. If that’s the case then it’s not really a Democracy. Too much conservatives and the rich is getting richer and the poor is getting poorer (Maria Maria). Too much liberals and there is really no drive to compete, something that is needed if you want your country to excel under capitalism.

Is it wrong to be a conservative? Is it wrong to want to rise to the top and drive out your competition? Is it wrong to want to preserve old values?  Is it that wrong to want to censor some things? Is it wrong to want to kill enemy soldiers and criminals? Do you have to want to give money to poor kids wanting to get free lunch and people who lose their jobs? I think there are rooms for people who think that way in our society.. It’s not a sin to be a selfish hypocrite.

Limbaugh is not a Conservative. He’s a Neo-Con Opportunist.

But there is nothing conservative about the Neo-Cons, or the NEW Republican. Conservative by definition is against the idea of big government and want to preserve “old values.” How is… lie about war, smear people who are against them, breaking international laws, ignore a group of people in need of help during disaster, appoint idiots with no credit to important positions in the government, and let oil companies destroy our natural resources and did what can equate to pretty much rob every singlecitizens at gun point to buy expensive gas… equal to preserving old values?

Rush was a neo-con opportunist who profit from Bush Administration’s policies that was both wrong and evil. He doesn’t have an opinion of his own. He just agrees with Bush, even after Bush retract, he refused to do the same.  His head is so thick he can sell a rotten fish with a straight face, and of course bunch of white guys in suit holding a rotten fish in their hands are going to love him. At least more than they love Michael “we better get a new fish” Steele.

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Responsibility and Accountability IS NOT Socialism

I think the Conservatives, specifically the Bankers who asked for billions in bail out money but then reward themselves billions of dollars in bonuses and party with champaign and private jets after laying off millions of workers… are really pissed off at Obama. When asked by reporters on the street who are stressful over Obama (wait wait, let me laugh first. Ah ha ha ha ha) they scornfully tell the reporters with a face that looks like they get caught with their pants down “this is socialism”

It’s not Socialism. The same way just being selfish and greedy doesn’t automatically makes you a capitalist. Just an opportunist whose luck has runs out.

If You Don’t Want Government to Have A Say In How You Spend Money, Then Don’t Take Money From Them

Even in the most capitalist state, you don’t borrow money from someone without making a case, how you are going to spend it, and how you are going to pay it back. Wanting to know how you will spend it, and criticizing you for not spending it unwisely (and in a very ugly way) is not Socialism. It’ s Common Sense.

I think what the conservatives are thinking is: it’s either we can monopolize and run our competitors out of business while we make billions and billions of dollars or we are communist handing out freebies to neighbors under the watchful eyes of government.

Capitalism Will Fail If The People Keep Abusing  It

These people don’t understand middle ground. They don’t even know the meaning of the word “enough”.

They don’t understand the idea that giving to receive. I used to think like that. I think everyone should be charitable, but the government shouldn’t force you to be. But seeing how greedy these oil execs and these bankers are… I mean the people who come up with capitalist understand the healthiness of the competition but really underestimate people’s selfishness.

You can’t force selflessness on anyone, but we can’t let them run our country to the ground either. We are not communist or socialist. We don’t need them to work for the commonwealth. But if these church going so-called conservative values sons of bitches can’t even understand the idea that their own employees are starving and their neighbors have to pretty much look under their mattress for coins to buy food… while they are drinking champagne. I mean, this whole thing is unprecedented.

Everything that I thought I knew back when I was in school is all gone. I know capitalism will bring out the selfishness in people, and I know that it will be A LOT, but not this much. I hate communism and love democracy and capitalism. But these guys sure know how to abuse the hell out of the system.

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Republicans Desperately Hide Their Love for Obama

Bi-Partisanship Is Not For Someone Who Wants to Be Future President

This is not even a rumor. Republican senators and governors (especially the governors)  all wanted Obama’s Stimulus Bill to pass.  Well to be more specific, pass without them.

Here is Arlan Specter, a GOP senator who voted for the stimulus (one of the only three):

“When I came back to the cloak room after coming to the agreement a week ago today, one of my colleagues said, ‘Arlen, I’m proud of you.’ My Republican colleague said, ‘Arlen, I’m proud of you.’ I said, ‘Are you going to vote with me?’ And he said, ‘No, I might have a primary.’ And I said, ‘Well, you know very well I’m going to have a primary.’ “I think there are a lot of people in the Republican caucus who are glad to see this action taken without their fingerprints, without their participation.

(When asked how many of his Republican colleagues really supported the bill:)
“I think a sizable number. I think a good part of the caucus agrees with the person I quoted, but I wouldn’t want to begin to speculate on numbers.”

“Have a Primary” means, when they are fighting to become a president of the United States in the future, they don’t want to have a history of helping a Democrat President. Even more embarrassing, later that week GOP members of the congress could be seen wanting Obama to sign their autographs. And yet, they don’t even have the guts to help him fix the country.

I don’t see how they can twist their way around should they ever run for office. They know what the right decision was, but doesn’t have the guts to vote for it. It’s kind of funny. Democrat faced similar sitaution when they had to vote for the Iraq War. However, in that situation, they didn’t have the guts to not vote on something they know was wrong. Now the GOP guys show that they don’t have the guts to vote on what they knew was right. It doesn’t even matter if the Stimulus won’t work. The thing is, they thought it would. But still wouldn’ thelp.

This will come back to bite them in the ass.

Why I Love Obama Even Though Originally  I Wanted Hillary to Win.

Thing is, I never thought a president like this can exist. He’s like my dream president. I cheered for Hillary to beat this guy. I didn’t believe what he said before, and I thought even if he meant to accomplish all those things he will be stopped by his own advisers long before he even think about trying to change things. I mean there are rules in DC. There were the way things work and you either understand them or have to get out of town. There were the lobbyist and the interest groups at every corner of the road. If you don’t play the game their way, you can’t get things done. But if you want to be in the game, you can’t be too idealistic.

Obama just said to hell with the game.

He changed everything. Not just the obvious things we liberal has been asking for. But even more than that. He take on the banks, he takes on the past administration, he took on everyone. He doesn’t seem to care about re-election, he doesn’t care how he’s going to be remembered. He doesn’t care about the people who called him communist and cheer for him to fail. He just do it. The things that are good for the American people. There was a period between after he was elected before he sworn in, a lot of people came out and say “don’t get your hopes up on Obama. He may not be as good as we think” I think he all ready exceeds all my expectation.

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