You know, the more I read the first part of Peter M. DeLorenzo’s Dec. 11 On The Table segment over at Autoextremist (quoting)…
Editor-in-Chief’s Note: People expected me to comment on the U.S. Government finally selling off its remaining shares of General Motors on Tuesday, but I said all I had to say about it in a previous column in November – “The Implosion of Detroit, Five Years After.” The fact that it’s done is helpful to a lot of people at GM, especially the True Believers who kept the product faith against some incredible odds and delivered outstanding work over these last five years. Now, some of those people may get paid a little more. And some new talent may be able to be wooed by GM with competitive salaries. So there’s that. Is the company’s incredibly tone deaf and relentlessly ill-equipped CEO riding off into the sunset with cash in hand? You bet, that was a given from the very beginning. Remember, it was all about the money to Captain Queeg and his merry band of carpetbaggers. But is it going to be better? Read my column this week. – PMD
…the more I really hope General Motors, (a) has continued success in the future and (b)embarrasses Mr. DeLorenzo for writing such drivel for in my opinion, he’s one of the worst automotive
writers hacks out there in the journalistic world.
….and no, I ain’t apologizing for it, either!
…in an amidst all the hustle-and-bustle of the Christmas season, it’s good to relax and remember that Christmas is a lot more than its’ become in recent memory…
As much as I can’t stand the House leadership most days, once in a while they actually do manage to stand on the side of the angels…
The House of Representatives approved a modest budget agreement that would essentially forestall the threat of a government shutdown through late 2015 in a Thursday evening vote.
The budget framework, which enjoys the support of President Barack Obama, passed in a 332 to 94 vote, an overwhelming show of bipartisan unity that trumped the token opposition from 62 conservative Republicans. The Senate could approve the legislation next week.
The budget represented a modest compromise that didn’t satisfy either party. Speaker John Boehner had chastised conservatives and outside advocacy groups for mobilizing against the deal before its terms were finalized.
“Is it perfect? Does it go far enough? No, not at all,” the speaker said in a floor speech before the vote. “But this budget is a positive step in that direction; it’s progress.”(NBC Politics)
For what it’s worth, Democrats’ weren’t exactly thrilled about it as well…
Democrats weren’t fully mollified, either: Minority Leader Nancy Pelosi, Calif., encouraged fellow Democrats to “embrace the suck” and support the measure during a closed-door meeting at the Capitol on Thursday.(NBC Politics)
So, what was in the budget deal?
- For starters, there is no “Grand Bargain” kind of deal as in months past; both Paul Ryan & Patty Murray, the architects of the budget deal, have both said this and by-and-large, they were right
- There are modest increases in discretionary spending (including increases in spending on Head Start, medical research and military training)
- There were no increases in income tax rates; however, fees in several areas did increases, most notably those involving airline fees and airline excise taxes
- Finally, this a long-term budget deal that takes away the potential of future government shutdowns through the end of FY 2014 (i.e. through 30 Sept. 2014)
Now, is this a good deal? FWIW, its’ not the best deal that could be gotten; for instance, there aren’t, at present, extensions in long-term unemployment insurance, included in this agreement, but given the often stop-start nature of past agreements, it is better than past agreements and that is an improvement over past budget deals.
….just testing to see if my posts are coming up on Twitter…
Update: Yes they are…unfortunately, I’ve now got to manually share each post with the world… *shakes head*
Considering the mini-argument I’ve been having over on WATWD over the actions of several RP characters, I’m starting to understand once again why I was voted “Least Likely To Make Friends & Win-Influence People” by classmates of mine in high school years ago..
…there’s a few that come to mind…just saying.