Wednesday, May 25, 2011

The truth behind Chrysler’s fake auto bailout pay back | Conn Carroll | Beltway Confidential | Washington Examiner

The truth behind Chrysler’s fake auto bailout pay back | Conn Carroll | Beltway Confidential | Washington Examiner: "It is not every day that the White House and Democratic National Committee celebrate a supposedly private company’s debt restructuring plan, but such is the marriage of big government and big business under the Obama administration. The New York Times reports: “Chrysler said Tuesday that it had paid back $7.6 billion in loans from the American and Canadian governments, marking another significant step in the revival of the company, the smallest of the Detroit automakers.”"

9% Unemployment, $14 Trillion In Debt, & No Budget… It’s Bonus Time! | The Blaze

9% Unemployment, $14 Trillion In Debt, & No Budget… It’s Bonus Time! | The Blaze: "Let’s role play a little situation. (Try not to make the obvious comparisons to Congress.)

Your company is hemorrhaging cash, falling deeper into debt than even your accountants can imagine.
You choose to INCREASE spending, claiming “ya gotta spend money to make money.”
You are also so busy arguing with middle management that you can’t find time to make a budget that might get you back on track.
It appears that your job is about to be eliminated.
There is only one thing left to do – give bonuses to as many employees as possible"