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	<title>Comments on: Oh My God, They Admitted It</title>
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		<title>By: Ms. Edie Boudreau, P</title>
		<link>http://blog.heritage.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-10012</link>
		<dc:creator>Ms. Edie Boudreau, P</dc:creator>
		<pubDate>Sun, 30 Nov 2008 16:48:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.foundry.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-10012</guid>
		<description>Bailouts are the fourth error committed by our govt. Carter signed the Community Reinvestment Act (CRA), which started bad loans, Clinton reinforced the CRA, which made it worse, and Obama&#039;s ACORN manipulated and terrorised lenders into giving loans to underemployed people that they knew wouldn&#039;t be paid.  
 
However, everyone was happy because Fannie Mae &amp; Freddy Mac bought all of them, and the Democrats stopped regulatory or investigative bills that Republicans tried to pass. Corrupt politicans &amp; Wall St. CEOs have filled their pockets all along, betraying the responsible people who have paid their own way. Now they have hung the Bailout noose around our necks &amp; those of our descendents. The Big 3 have to file bankruptcy to reorganize &amp; rid themselves of corrupt union regulations, or they will be history. We cannot bail them out too.  
 
It is time that American citizens revolted against our corrupt politicans. Have Pelosi &amp; Reid recalled by their constituents; put Barney Frank, Chris Dodd, Frank Raines, Paulson, et al., in prison, and get back all the illegal money that they and the Wall St. CEOs took with them.  
 
Insist this country become Energy Independent ASAP through drilling, clean coal, nuclear reactors, &amp; other unsubsidized means--which includes ethanol, which the govt. is subsidizing via sugar, corn, etc. crops, which also raises the price of our food. This will save $700 Billion a year to pay down our debt. 
 
Turn welfare (except for the sick/elderly), into workfare (jobs that illegals are working because &#039;Americans&#039; won&#039;t do them), and offer training for higher-paid skills to collectors on their own time. Soon enough they will choose to learn jobs that pay more than minimum wage.  Enforce our immigration laws by deporting current prisoners and all those committing new crimes, strengthen the Border fence, and jail businesses that hire illegals. That will soon benefit our social programs. 
 
Americans have to become pro-active and stop being victims!! </description>
		<content:encoded><![CDATA[<p>Bailouts are the fourth error committed by our govt. Carter signed the Community Reinvestment Act (CRA), which started bad loans, Clinton reinforced the CRA, which made it worse, and Obama&#039;s ACORN manipulated and terrorised lenders into giving loans to underemployed people that they knew wouldn&#039;t be paid. </p>
<p>However, everyone was happy because Fannie Mae &amp; Freddy Mac bought all of them, and the Democrats stopped regulatory or investigative bills that Republicans tried to pass. Corrupt politicans &amp; Wall St. CEOs have filled their pockets all along, betraying the responsible people who have paid their own way. Now they have hung the Bailout noose around our necks &amp; those of our descendents. The Big 3 have to file bankruptcy to reorganize &amp; rid themselves of corrupt union regulations, or they will be history. We cannot bail them out too. </p>
<p>It is time that American citizens revolted against our corrupt politicans. Have Pelosi &amp; Reid recalled by their constituents; put Barney Frank, Chris Dodd, Frank Raines, Paulson, et al., in prison, and get back all the illegal money that they and the Wall St. CEOs took with them. </p>
<p>Insist this country become Energy Independent ASAP through drilling, clean coal, nuclear reactors, &amp; other unsubsidized means&#8211;which includes ethanol, which the govt. is subsidizing via sugar, corn, etc. crops, which also raises the price of our food. This will save $700 Billion a year to pay down our debt.</p>
<p>Turn welfare (except for the sick/elderly), into workfare (jobs that illegals are working because &#039;Americans&#039; won&#039;t do them), and offer training for higher-paid skills to collectors on their own time. Soon enough they will choose to learn jobs that pay more than minimum wage.  Enforce our immigration laws by deporting current prisoners and all those committing new crimes, strengthen the Border fence, and jail businesses that hire illegals. That will soon benefit our social programs.</p>
<p>Americans have to become pro-active and stop being victims!!</p>
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		<title>By: Ms. Edie Boudreau, P</title>
		<link>http://blog.heritage.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-10013</link>
		<dc:creator>Ms. Edie Boudreau, P</dc:creator>
		<pubDate>Sun, 30 Nov 2008 16:48:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.foundry.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-10013</guid>
		<description>Bailouts are the fourth error committed by our govt. Carter signed the Community Reinvestment Act (CRA), which started bad loans, Clinton reinforced the CRA, which made it worse, and Obama&#039;s ACORN manipulated and terrorised lenders into giving loans to underemployed people that they knew wouldn&#039;t be paid.  
 
However, everyone was happy because Fannie Mae &amp; Freddy Mac bought all of them, and the Democrats stopped regulatory or investigative bills that Republicans tried to pass. Corrupt politicans &amp; Wall St. CEOs have filled their pockets all along, betraying the responsible people who have paid their own way. Now they have hung the Bailout noose around our necks &amp; those of our descendents. The Big 3 have to file bankruptcy to reorganize &amp; rid themselves of corrupt union regulations, or they will be history. We cannot bail them out too.  
 
It is time that American citizens revolted against our corrupt politicans. Have Pelosi &amp; Reid recalled by their constituents; put Barney Frank, Chris Dodd, Frank Raines, Paulson, et al., in prison, and get back all the illegal money that they and the Wall St. CEOs took with them.  
 
Insist this country become Energy Independent ASAP through drilling, clean coal, nuclear reactors, &amp; other unsubsidized means--which includes ethanol, which the govt. is subsidizing via sugar, corn, etc. crops, which also raises the price of our food. This will save $700 Billion a year to pay down our debt. 
 
Turn welfare (except for the sick/elderly), into workfare (jobs that illegals are working because &#039;Americans&#039; won&#039;t do them), and offer training for higher-paid skills to collectors on their own time. Soon enough they will choose to learn jobs that pay more than minimum wage.  Enforce our immigration laws by deporting current prisoners and all those committing new crimes, strengthen the Border fence, and jail businesses that hire illegals. That will soon benefit our social programs. 
 
Americans have to become pro-active and stop being victims!! </description>
		<content:encoded><![CDATA[<p>Bailouts are the fourth error committed by our govt. Carter signed the Community Reinvestment Act (CRA), which started bad loans, Clinton reinforced the CRA, which made it worse, and Obama&#039;s ACORN manipulated and terrorised lenders into giving loans to underemployed people that they knew wouldn&#039;t be paid. </p>
<p>However, everyone was happy because Fannie Mae &amp; Freddy Mac bought all of them, and the Democrats stopped regulatory or investigative bills that Republicans tried to pass. Corrupt politicans &amp; Wall St. CEOs have filled their pockets all along, betraying the responsible people who have paid their own way. Now they have hung the Bailout noose around our necks &amp; those of our descendents. The Big 3 have to file bankruptcy to reorganize &amp; rid themselves of corrupt union regulations, or they will be history. We cannot bail them out too. </p>
<p>It is time that American citizens revolted against our corrupt politicans. Have Pelosi &amp; Reid recalled by their constituents; put Barney Frank, Chris Dodd, Frank Raines, Paulson, et al., in prison, and get back all the illegal money that they and the Wall St. CEOs took with them. </p>
<p>Insist this country become Energy Independent ASAP through drilling, clean coal, nuclear reactors, &amp; other unsubsidized means&#8211;which includes ethanol, which the govt. is subsidizing via sugar, corn, etc. crops, which also raises the price of our food. This will save $700 Billion a year to pay down our debt.</p>
<p>Turn welfare (except for the sick/elderly), into workfare (jobs that illegals are working because &#039;Americans&#039; won&#039;t do them), and offer training for higher-paid skills to collectors on their own time. Soon enough they will choose to learn jobs that pay more than minimum wage.  Enforce our immigration laws by deporting current prisoners and all those committing new crimes, strengthen the Border fence, and jail businesses that hire illegals. That will soon benefit our social programs.</p>
<p>Americans have to become pro-active and stop being victims!!</p>
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		<title>By: Debra Lee, Pittsburg</title>
		<link>http://blog.heritage.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9827</link>
		<dc:creator>Debra Lee, Pittsburg</dc:creator>
		<pubDate>Tue, 25 Nov 2008 23:42:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.foundry.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9827</guid>
		<description>I think unions ruined this country, but they&#039;re not the only thing that did.  Doctors, lawyers and CEO&#039;s make way too much money, but no one cared until the little guy got tired of not having and now they want anything/ something and to sit on their butts while they collect it.  The USA needs to rethink who they put into office and make them accountable.  Once this happens, we can concentrate on what else in Washington needs fixed, including Unions. </description>
		<content:encoded><![CDATA[<p>I think unions ruined this country, but they&#039;re not the only thing that did.  Doctors, lawyers and CEO&#039;s make way too much money, but no one cared until the little guy got tired of not having and now they want anything/ something and to sit on their butts while they collect it.  The USA needs to rethink who they put into office and make them accountable.  Once this happens, we can concentrate on what else in Washington needs fixed, including Unions.</p>
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		<title>By: duelles</title>
		<link>http://blog.heritage.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9689</link>
		<dc:creator>duelles</dc:creator>
		<pubDate>Mon, 24 Nov 2008 15:10:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.foundry.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9689</guid>
		<description>Doug Lang writes: 
What is that in the sky? Science. Pure Science, that really only can be done on a scale of Government financed projects. Pure science endowment is, perhaps one of the few things Gov&#039;t can do well. The private sector benefits a great deal from the work we do in space. Undeniably. 
 Companies that have mismanaged themselves, made bad Union deals, fail to lobby against federal Idiots and CAFE  are in deep trouble. They need not have the financial commitments they have. If it is cheaper to procure parts from other countries and assemble here, well DUH! That is the new business model for success. 
You want change. Or do you want to preserve and send us back in time? Surprising at how progressive conservative economics can be! </description>
		<content:encoded><![CDATA[<p>Doug Lang writes:</p>
<p>What is that in the sky? Science. Pure Science, that really only can be done on a scale of Government financed projects. Pure science endowment is, perhaps one of the few things Gov&#039;t can do well. The private sector benefits a great deal from the work we do in space. Undeniably.</p>
<p> Companies that have mismanaged themselves, made bad Union deals, fail to lobby against federal Idiots and CAFE  are in deep trouble. They need not have the financial commitments they have. If it is cheaper to procure parts from other countries and assemble here, well DUH! That is the new business model for success.</p>
<p>You want change. Or do you want to preserve and send us back in time? Surprising at how progressive conservative economics can be!</p>
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		<title>By: duelles</title>
		<link>http://blog.heritage.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9685</link>
		<dc:creator>duelles</dc:creator>
		<pubDate>Mon, 24 Nov 2008 14:33:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.foundry.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9685</guid>
		<description>m.smyth medina ohio _ I feel good about your salary. But the cost to Ford of you working is about $22/ hour MORE than the Toyota workers. As an investor- which you need to keep you job, this is how I vote - I am more likely to invest in Toyota or even Tata for that matter. 
It is simply the old buggy whip scenario. 
THe world has &quot;changed&quot; with more than the last election. As a residential remodeler, my business plan, materials, suppliers, labor force has changed over the past 35 years. This is how I make money to invest! Change. </description>
		<content:encoded><![CDATA[<p>m.smyth medina ohio _ I feel good about your salary. But the cost to Ford of you working is about $22/ hour MORE than the Toyota workers. As an investor- which you need to keep you job, this is how I vote &#8211; I am more likely to invest in Toyota or even Tata for that matter.</p>
<p>It is simply the old buggy whip scenario.</p>
<p>THe world has &quot;changed&quot; with more than the last election. As a residential remodeler, my business plan, materials, suppliers, labor force has changed over the past 35 years. This is how I make money to invest! Change.</p>
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		<title>By: SJK, Stockbridge, GA</title>
		<link>http://blog.heritage.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9682</link>
		<dc:creator>SJK, Stockbridge, GA</dc:creator>
		<pubDate>Mon, 24 Nov 2008 13:24:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.foundry.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9682</guid>
		<description>We have always had a tug-of-war between the worker and management in this country. I am not in favor of management taking advantage of the worker-we&#039;ve had many incidents in our history of this. But, the UAW is no doubt the tail wagging the dog here. You have to be very low on brain power (or a member of the socialist/marxist party, formerly the Democrat Party)not to be able to understand what is going on. 
  
Allright, Barney and Nancy, et al, go ahead and give the big three their money. But note this...I will NEVER, EVER!! BUY A ANOTHER GM, FORD, OR CHRYSLER PRODUCT (And I&#039;m a NASCAR fan!). I WILL WORK TIRELESSLY TO INFLUENCE AS MANY OTHERS AS I CAN NOT TO BUY THEIR PRODUCTS. If enough of us band together to apply the right economic pressure in a large enough dose, we can destroy the UAW and their commie benefactors in our &quot;new government of change&quot;.  
 
Well now, I feel better! </description>
		<content:encoded><![CDATA[<p>We have always had a tug-of-war between the worker and management in this country. I am not in favor of management taking advantage of the worker-we&#039;ve had many incidents in our history of this. But, the UAW is no doubt the tail wagging the dog here. You have to be very low on brain power (or a member of the socialist/marxist party, formerly the Democrat Party)not to be able to understand what is going on.</p>
<p>Allright, Barney and Nancy, et al, go ahead and give the big three their money. But note this&#8230;I will NEVER, EVER!! BUY A ANOTHER GM, FORD, OR CHRYSLER PRODUCT (And I&#039;m a NASCAR fan!). I WILL WORK TIRELESSLY TO INFLUENCE AS MANY OTHERS AS I CAN NOT TO BUY THEIR PRODUCTS. If enough of us band together to apply the right economic pressure in a large enough dose, we can destroy the UAW and their commie benefactors in our &quot;new government of change&quot;. </p>
<p>Well now, I feel better!</p>
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		<title>By: Michael Hill</title>
		<link>http://blog.heritage.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9681</link>
		<dc:creator>Michael Hill</dc:creator>
		<pubDate>Mon, 24 Nov 2008 13:21:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.foundry.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9681</guid>
		<description>I am a skilled worker UAW card in my pocket and make 18.35/hr.If working for the big three means I deserve more money send me the application! Never have union talks neared what they get.I just completed 30 years employment only 10 to go! </description>
		<content:encoded><![CDATA[<p>I am a skilled worker UAW card in my pocket and make 18.35/hr.If working for the big three means I deserve more money send me the application! Never have union talks neared what they get.I just completed 30 years employment only 10 to go!</p>
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		<title>By: Mark G</title>
		<link>http://blog.heritage.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9680</link>
		<dc:creator>Mark G</dc:creator>
		<pubDate>Mon, 24 Nov 2008 13:18:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.foundry.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9680</guid>
		<description>The 3 must get rid of the union baggage.  Unions are the problems - everywhere.  They produce inferior products, expensive.  Be it education or automobiles, they have ruined the very fabric of what made this country - the greatest country on earth.  Ban Unions, bring individual prosperity back. </description>
		<content:encoded><![CDATA[<p>The 3 must get rid of the union baggage.  Unions are the problems &#8211; everywhere.  They produce inferior products, expensive.  Be it education or automobiles, they have ruined the very fabric of what made this country &#8211; the greatest country on earth.  Ban Unions, bring individual prosperity back.</p>
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		<title>By: C.Cusmano, Detroit,M</title>
		<link>http://blog.heritage.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9677</link>
		<dc:creator>C.Cusmano, Detroit,M</dc:creator>
		<pubDate>Mon, 24 Nov 2008 12:29:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.foundry.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9677</guid>
		<description>We see the result of a cascade of a socialistic agenda from the democrats in congress these last two years.  What caused this problem?  Frannie Mae and Freddie forcing lending to people unable to afford a payback, banks drying up lending, resulting in media hysteria about a recession and of course consumers not buying large ticket items.  If we have money to buy toxic loans from the banks, we certainly have money to loan the Big Three. The Dow dropped almost 2,000 points after Obama was elected, they understood that he is a socialist with a socialistic agenda. Not good for capitalistic economy.  Oh well, we made it through Carter. </description>
		<content:encoded><![CDATA[<p>We see the result of a cascade of a socialistic agenda from the democrats in congress these last two years.  What caused this problem?  Frannie Mae and Freddie forcing lending to people unable to afford a payback, banks drying up lending, resulting in media hysteria about a recession and of course consumers not buying large ticket items.  If we have money to buy toxic loans from the banks, we certainly have money to loan the Big Three. The Dow dropped almost 2,000 points after Obama was elected, they understood that he is a socialist with a socialistic agenda. Not good for capitalistic economy.  Oh well, we made it through Carter.</p>
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		<title>By: B. Bennett, Calif</title>
		<link>http://blog.heritage.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9669</link>
		<dc:creator>B. Bennett, Calif</dc:creator>
		<pubDate>Mon, 24 Nov 2008 09:41:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.foundry.org/2008/11/21/oh-my-god-they-admitted-it-2/#comment-9669</guid>
		<description>The CEOs&#039; of the &quot;big 3&quot; are not the whole problem. The board of directors (bod)and stock holders must also take  responsibility for the financial problems. Either the bod or the stock holders need to force changes in the management planning. I heard one of the talking heads say the other day that one of the &quot;big 3&quot; had lost billions in the last year. If this is true then the bod and/or the stock holders need to replace the CEO and staff.  
 
I know for myself the pension funds that pay my monthly income was removed from the funds used to operate the business thus is not a financial burden to the company&#039;s ongoing business expenses. This has worked for my company since this separation of funds was initiated back in the late 70s. </description>
		<content:encoded><![CDATA[<p>The CEOs&#039; of the &quot;big 3&quot; are not the whole problem. The board of directors (bod)and stock holders must also take  responsibility for the financial problems. Either the bod or the stock holders need to force changes in the management planning. I heard one of the talking heads say the other day that one of the &quot;big 3&quot; had lost billions in the last year. If this is true then the bod and/or the stock holders need to replace the CEO and staff. </p>
<p>I know for myself the pension funds that pay my monthly income was removed from the funds used to operate the business thus is not a financial burden to the company&#039;s ongoing business expenses. This has worked for my company since this separation of funds was initiated back in the late 70s.</p>
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