Posted on: February 20, 2009 9:42 am
Edited on: February 20, 2009 9:44 am

Ford Wins! GM/Chrysler read last rights

So here we are, just 2 months after GM and Chrysler sucked $15,000,000,000 from the U.S. tax payer, they are back looking for another 20+.  So 15 billion could only keep them afloat for 2 months, what good is another 20 going to do?  Get them by till April, when they will be looking for another 20 billion? 

Through it all, Ford has said thanks but no thanks to Tax payer money (at least at this time).  In doing so, not only have they saved face, but quite possibly the reputation of their brand.  Let's be perfectly honest here folks, after knowing GM and Chrysler needed our money just to keep their doors open, how confident are you in their future?  Makes you want to just run out and spend your hard earned cash on a new Malibu doesn't it.  Fact is most Americans don't want to support a welfare case, and that is exactly what GM and Chrysler have become.  Much by their own doing. 

Restructure their product line, that was the case made for the Auto Bailout.  Borrow money so they can survive, and restructure their product line to meet the current market.  Is this a Joke?  What market, smaller cars?  GM already has 7 vehicles that get 30+ miles per gallon.  Do you want to see them?  Don't go to a parking lot.  Don't go on the highway.  They are not there.  You have to go to a dealership, they are chuck full of them.  NOBODY IS BUYING THEM!  Americans don't want cheap, small cars.  Even with $4.00 a gallon gas, they didn't sell.  Sure Toyotas and Hondas did, but even they took a hard hit this past year, and these companies have dominated the small car market for the past 2 decades.  No American family, with 2 small kids in car seats, wants to try and cram all their stuff in a Aveo and go on vacation.  They simply don't fit. 

The answer isn't some new miracle product that will draw people in on a buying craze.  Certainly not in the current economy.  The answer is restructuring the manufacturing and selling process so they can make a profit.  That is both on the worker and executive level.  Until they do, they will continue to lose money per sale.  They just better home they haven't completely soiled their name brand to the American people.

Thumbs up to Ford.  Even though they are hurting, and they are, they had the balls to say we will weather this storm on our own.  And we will rebound!  Now just don't go making a liar out of me and come running to Obama with a cup in your hand.

Posted on: December 1, 2008 2:10 pm

Recession!!!, Does any one get it?

This past week I made a trip out to some stores.  I was at Patriots place, along side Gillette Stadium to make some very modest purchases.  And while I was there, strolling through the mall, Bass Pro Shops, the restaurants I could not help but notice the people.  Lots of bags, boxes, packages.  Waits to get a table in some of the restaurants.  Some big money purchases at BPS.  And while this is all good for the economy and Christmas spirit it just kept popping up in my mind.  Morons, we are in a recession.  Foreclosures, unemployment, lost investment revenue.  Yet none of it seems to sink in.  People are going about their business, charging up a storm.  I won't even get into my chaotic experience at Tors'R'us.  Yikes.  Are people completely numb to the warning signs around them?   The whole experience left me somewhat perplexed.  Are things not as bad as we keep hearing?  Or, more likely, are people spending had over fist money they don't have.  Now I know the expected numbers for holiday spending are low, but being out this past week, it sure didn't seem it.  I hope the best for all this Holiday season.  May it truly be a Merry Christmas for all.  But the overall experience left me a tad bit concerned about the American way of life, and where it may be headed.
Posted on: November 18, 2008 11:34 am

America First, or last?

The big upturn in the U.S. economy was due to technology.  Advances in computer and electronic technology launched a consumer spending boom.  All of a sudden people saw amazing changes in computers, video games, phones, T.V.'s car luxuries, and everything else with an electronic component.  With more money being spent, more jobs were created, stocks rose, in short prosperity. 

Then globalized markets came.  Jobs outsourced, China came onto the world stage, manufacturing stalled, and consumer confidence crashed.  This was followed up by two wars, the Housing crash, and a subsequent stock market fall. 

Today we face a new challenge.  We have a 10 trillion dollar deficit, manufacturing makes up only 10% of U.S. jobs, we are tied down in two wars, have an energy crisis.  China has become the worlds largest creditor, manufacturer, and boasts a 262 billion dollar trade surplus.  Add to this the impending import of Chinese cars into the U.S. (the nail in the coffin for U.S. car manufacturers).   And now China is poised to soon begin the construction and export of commercial aircraft. 

The United States is in peril.  "Our", and I use the world painfully, newly elected president needs to focus on the task at hand, and not social justice.  People are hurting, but things are guaranteed to get worse.  Throwing a Band-Aid on the wound is not the answer, we need to change the entire course of the nation.  The United States needs a long term policy change on economics.  Globalization has been the death to American Industry.  What The United States needs is a Nationalization of American pride.  Re-imposing of tariffs on imports.  Harsh prosecution of white collar crimes.  And the removal of U.S. troops and dollars in non-U.S. interests.  American needs to follow, in part, the example that China showed us.  That is a United States First policy to rebuild our economy and strengthen our financial security.  Anything less is a waste.

Posted on: November 6, 2008 10:38 am

How McCain failed the Republican Party

Congratulations President elect Obama.  I will never support you, but you won in an electoral landslide, and that is an accomplishment in it's self.  The real Loser here is John McCain (both literally and metaphorically).  Watching his campaign was like watching a disturbing video of a crime being committed.  This Blog would have to be 10,000 words in include all the tactical blunders along the way, but worse, there seemed to be no strategy for winning.  A few of the gaffs along the way however included his public address of how the economy is sound, the day before it was revealed to the world it wasn't.  But this from I presidential candidate who said while on the trail the economy is not his strong point.  Some advice, never publicly admit a weakness when running for president.  The people don't want to relate, they want to believe in their candidates ability to lead.  Lets also not forget his run back to Washington for the bail out debates.  The day any conservative puts his name behind a $840,000,000,000 government handout, we can not even pretend he is still a conservative.  And enough with Joe the Plummer.  It made a good impact at first, but when you over play these issues, they lose their effectiveness.

The real blunder and failure was Sarah Palin.  Although not the blundering idiot portrayed to us by the media, she was completely unqualified for the office of Vice President and not up to speed on both domestic and foreign policy issues.  She accomplished the goal, capitalize on the Hilary independents, and gain more votes.  But McCain failed to grasp the obvious, the popular vote is meaningless.  Obama only captured 52% of the popular vote, but cleaned house on the electoral map.  Sarah Palin did not deliver one single state to the McCain Campaign. 

McCain should have been a better scholar of History, following the path that other presidents lead in tough elections.  Lincoln chose a bipartisan ticket in choosing Andrew Johnson (Democrat) as his running mate.  Kennedy chose LBJ, despite the fact that the two loathed each other.  Reagan chose Bush 41 when it appeared he did not have the republican base locked.  Bush 43 chose Cheney to give his ticket experience and credibility.  And Obama chose Biden, despite the harshly negative comments Biden lashed out towards Obama during the Primary.  McCain should have chose Mitt Romney.  His experience, credibility, and business knowledge would have brought tremendous gain to the ticket.  Plus Romney was strong with independents in key battle ground states.

In the up and coming months, McCain will try and reposition himself as the "Maverick" senator, and we will see much of the blame thrown on Palin.  But truth be told, McCain chose his VP.  McCain put together his campaign staff.  And McCain is the one to bare the tag of loser.  When a republican candidate for President loses the vote of a die hard conservative like mine, does he really expect to win undecided votes?

The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com