Monday, December 15, 2008

Of Pirates and Spinners

Captain 'Roid is really pissed off. When last seen, the intrepid Captain was begging her mother to make a new flag for the CPS Nargle proclaiming the "End of the United Nations." According to a report on tonight's BBC America newscast, the UN has signed some declaration allowing countries to pursue the pirates onto Somalian land. Now admittedly, Somalia is a failed state and its sovereignty is open to debate. But to allow other countries, including Iran, China, Great Britain, and the US (talk about politics and pirates making strange bedfellows!!!!) to invade in pursuit of the pirates?? Hopefully all those military men will review Blackhawk Down before doing the same foolish thing.....And why does the US, beacon of religious freedom and defender of the right to democratic processes, so fear an Islamic government in Somalia?? Isn't Islam one of the "Great Religions" alongside Christianity, Judaism, Taoism, Buddhism, etc?? Or is all this "Islamic terrorists are radical extremists" just a smoke screen and the US is really at war with Muslims-----shades of Richard the Lion-Heart and the Crusades...........

Do you remember The Spinners from the '70's and that massively "great" song "Rubber Band Man"?? Actually, I detest that song but all the "oldies" stations seem fixated on it.

But those aren't "the spinners" I'm writing about. I'm thinking about the auto-bailout/union busters and whether the Kennedys are more deserving of power as a dynasty than the Clintons, if MSNBC be believed.

GM and Chrysler are doing worse than Packard did in the 1950's. They hemorrhage cash, blowing through billions a month. Their management has been about as in tune to the needs of the average buyer and the concerns about the deleterious effects of automotive emissions on the decaying of the Earth's atmosphere as Bush and Cheney have been to telling the truth about Al-Qaeda in Iraq, let alone the total misinterpretation of the WMD intelligence.
Now, depending whom one reads, we are either headed for, or are already in, the worst economic downturn since the Great Depression. The government has bailed out the financial fat-cats but balks at doing the same for the auto-making fat-cats. The problem is that there are a lot of not-so-fat-cats that would be a lot more hurt by the death of the Big 3. About 1 in 10 American jobs is tied to the auto industry---from parts providers to transportation firms to the workers at the car plants themselves. If we want to see Great Depression type unemployment numbers (like around 25%), then let's allow the Big 3 shut down and add that 10% who lose their jobs to the present 11% without jobs. (I realize the current "official" unemployment rate is about 6% but that does NOT include part-time employees who'd like full-time jobs or those who have stopped trying to find work. That number is over 11%.) That's 21% unemployment. Wouldn't take many, if any, more Citibank job cuts to put us well over that 25% threshold.

But some Senators blame all the failings of the auto industry on the wage disparity between the union workers up north and the non-union laborers in the foreign plants south of the Mason-Dixon line. Taking a real crisis and scapegoating people who will lose their livelihoods to avoid taking action while changing the focus of the argument to something totally non-related is major SPIN!! Even if a UAW member makes $71.00 an hour, that's only $150,000/year!!! And that's nowhere near what an executive at either an auto maker or a financial firm makes!!!! As a matter of fact, it's 1.5% of the 10-million dollar paychecks and bonuses common in executive suites or a Major League Baseball locker room. So let's not blame the union. Deny the bail-out if you don't think management can turn around these companies but let's stop the b.s.

So Caroline Kennedy Schlossberg threw her hat into the ring for the US Senate seat formerly warmed by former first-lady Hilary Clinton (all this assumes she gets confirmed for Secretary of State and resigns). Caroline has a lot going for her. First, her maiden name is Kennedy. She's the only surviving child of JFK and Jackie. She's a major upgrade in looks from Mrs. Clinton and I think she's also better looking than Sarah McPalin (remember her??). So give her the job already. But first we need to watch interminable hours of every Clintonista with an axe to grind and all the MSNBC "analysts" and commentators who need to justify their salaries since the election is over stir up controversy. Who cares if Andrew Cuomo is divorced from one of Caroline's cousins?? What possible effect does it have on her qualifications for the Senate, which are about the same as Hilary's when she was first elected----a member of a family that was in the White House as well as being a lawyer. And Caroline even had a pony at 1600 Pennsylvania Avenue!!!!
So enjoy "Rubber Band Man" when you hear it and wish we only had to deal with the musical Spinners instead of the bozo spinners masquerading as learned gentlemen. Hang on to your money and hope January 20 comes faster. But keep your shoes handy just in case...........

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