[Rhodes22-list] Weekend reading, not sailing, some might call it political, just educational

[Brad Haslett]

Ed,

Never have I been so proud of a politician from Tennessee as I am of
Senator Corker for killing the Detroit bailout.  His "unreasonable"
demand was that the UAW accept US based Toyota/Nissan/Honda wages in
2009 and not in 2011.  How unreasonable was that?  In reality, that's
just the tip of the iceberg.  The devil is always in the details - the
meat of the problem is in work rules and benefits.  But, the UAW
wouldn't budge on the simplest of compromises.  Let the  Big Three
follow the path of the passenger airlines - Chapter 11.

Cheney & Bush, et al, are dead wrong on this issue.  Who cares if
they're perceived as the Hoover 2 administration.  Steyn is correct,
it was Hoover and FDR's policies that prolonged the recovery from the
1929 crash (read Amity Shlaes "The Forgotten Man").

Paul Volcker said back in the 70's, "you can't legislate away the
business cycle" (and my economics prof. in grad school repeated it
every class).  Hey, isn't Volker coming back into power?  If we don't
keep a close eye on this, the incoming administration will use the
current cycle as an excuse to shove more socialism down our throats,
or up our arses. Thank goodness for people like Senator Corker.  Now
the MSM is calling him "far right wing".  BS, having common sense is a
more appropriate description.

Brad

On Sat, Dec 13, 2008 at 7:35 AM, Tootle <ekroposki at charter.net> wrote:
>
> I get all sorts of emails, this web site was contained in one:
>
> http://www.alipac.us/article3815.html
>
> And some so called political rhetoric:  "Let's switch gears here for a
> second. Apparently Dick Cheney, in a closed door Senate GOP lunch on
> Wednesday, warned the GOP, quote, that it will be Herbert Hoover time if aid
> to the industry was rejected for the bailout of the big three. This is
> exactly the same kind of stuff that they were saying about the bank bailout,
> but now they're saying it about GM. What do you think about what's going on
> right now,?' [Glen Beck]
>
> Reply to question: "Well, I think there's no end to this bailout. It's
> bailout without end. We need to find a way to bailout from the bailout and
> actually, with respect to Dick Cheney, I think he's got it actually wrong
> here. You know, it's very interesting to me, speaking as a foreigner, but
> the Americans always talk about the great depression. In other countries,
> they talk about it as a depression. It started in 1929, the worst was over
> in three or four years. What prolonged it in the United States was both
> Herbert Hoover and FDR over in overinterfering in the economy to impede
> recovery. That's why it's a great depression in the United States and it's
> just a depression everywhere else." Mark Steyn
>
> Ed K
> addendum:  "Sextant: an entertaining, albeit expensive, device, which,
> together with a good atlas, is of use in introducing the boatman to many
> interesting areas on the earth's surface which he and his craft are not
> within 1,000 nautical miles of." Beard and McKie
>
> --
> View this message in context: http://www.nabble.com/Weekend-reading%2C-not-sailing%2C-some-might-call-it-political%2C-just-educational-tp20990243p20990243.html
> Sent from the Rhodes 22 mailing list archive at Nabble.com.
>
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