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1. Fiscal Suicide: Dr. Coburn’s Got the Cure « JoHNBRoDiGaNDoTCoM
2. No Runny Eggs » Blog Archive » The Morning Scramble/Open Thread Thursday - 2/5/2009
3. Oink, oink, oink: Auto parts suppliers want $20.5 billion — But As For Me

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1. #612268
   On February 5th, 2009 at 7:08 am, Craig said:

   The line for a handout is getting longer and longer. Now it’s down the block and around the corner.

2. #612272
   On February 5th, 2009 at 7:15 am, DogBreath said:

   Everyone should just suck it up. No more personal, corporate or government welfare.

   Here in the other Washington the governor and state legislators are waiting for their bailout too. They spent like druken sailors on shore leave while the times were good and only passed the rainy day fund last year. They saved about $450M and are running a $5-6B deficit.

   (My apologies to drunken sailors everywhere.)

3. #612281
   On February 5th, 2009 at 7:49 am, maine yankee said:

   Sorry, but tis is what happens when you hitch your wagon to a falling star. ( or an edsel).

   Ya’ should a seen it comin’.

4. #612293
   On February 5th, 2009 at 8:37 am, FamilyMan said:

   so that suppliers could be paid in 10 days for delivered parts instead of the traditional 45 days.

   When I bill my wholesale customers, the invoice has always stated 30 day net. That is the accepted national standard. Why the hell should we underwrite a 10 day net?

5. #612294
   On February 5th, 2009 at 8:39 am, FamilyMan said:

   Why not underwrite a C. O. D.?

6. #612297
   On February 5th, 2009 at 8:40 am, cicerokid said:

   Wouldn’t cheese handouts be cheaper?

7. #612301
   On February 5th, 2009 at 8:45 am, ArizonaNeanderthal said:

   Throw money around and there will be many hands out to grab it. Then it becomes Push-Shove. Those companies NOT receiving bail-out money suddenly become less competitive. Cities and states are now drawing up budgets dependent on bail-out money.

   And it all fits in nicely with the Obaminites plan to control the economy. Pretty soon these Leftist will run out of our money, China will quit lending and then what will they do? Print more- inflation becomes the great destroyer of capital and savings.

   These people are NOT stupid-but they are evil.

8. #612305
   On February 5th, 2009 at 8:51 am, Danceswithdachshunds said:

   Wake me up when they get to the suppliers to auto parts suppliers’ suppliers.

9. #612307
   On February 5th, 2009 at 8:53 am, tarpon said:

   Yes soon there will be hyperinflation, remember Jimmy Carter? How does printing massive amounts of money do anything, except devalue your currency.

   Liberals are the insane class, who don’t pay taxes on the millions they bilk from others for their roledex numbers. Speaking fees, the biggest scam going.

10. #612316
    On February 5th, 2009 at 9:05 am, cabrerski said:

    Of course, the most pathetic aspect of the bailout is that once a corporation gets one, tehy will be back for more. Previous industries that have never thought of asking the government for help are not lining up. This is why we have bankruptcy laws.

    I will predict one result…more campaign contributions from these companies. Nothing is more frustrating than having our politicians’ bribes come from our tax dollars

11. #612327
    On February 5th, 2009 at 9:18 am, RedDog said:

    I guess they don’t believe in trickle down economics. They must not want to wait for the Big Three’s business to pick up.

    Dummies: Your customers buy your product when their customers buy theirs, et cetera et cetera… Get it? It’s called a marketplace not a Soviet Potemkin village.

12. #612331
    On February 5th, 2009 at 9:23 am, 24Klady said:

    Instead of controlling what CEO’s make in salaries, how about ‘Bambi restricts any company taking bailouts from contributing to any political party for the period of their payback loans? My, wouldn’t that throw a kink in campaigns!

13. #612335
    On February 5th, 2009 at 9:30 am, TXGator said:

    Well, as long as the price tag is reasonable.
    What could go wrong?

14. #612340
    On February 5th, 2009 at 9:40 am, WarTip said:

    You know, I remember the days when people could wish in one hand and the other one would fill up first. Nowadays, it looks like that is all we are going to get for our hard-earned tax dollars.

15. #612349
    On February 5th, 2009 at 9:46 am, ScoopPC11 said:

    Does anyone know where there is a list of suppliers that are asking for these handouts? I’m curious to see if the company my husband works for is on this list.

16. #612381
    On February 5th, 2009 at 10:08 am, richardbo said:

    DogBreath–#2. Apology accepted.

17. #612398
    On February 5th, 2009 at 10:22 am, Mister P said:

    Yes soon there will be hyperinflation, remember Jimmy Carter? How does printing massive amounts of money do anything, except devalue your currency.

    We are already in hyperinflation. Prices just haven’t caught up yet, as we must first go through existing inventory.

18. #612399
    On February 5th, 2009 at 10:24 am, Mister P said:

    Instead of controlling what CEO’s make in salaries, how about ‘Bambi restricts any company taking bailouts from contributing to any political party for the period of their payback loans? My, wouldn’t that throw a kink in campaigns!

    In other words, politicians would have to return all funds. Lets start with those who took Fannie Mae and Freddie Mac funds.

19. #612423
    On February 5th, 2009 at 10:42 am, Laree said:

    Imus had his brother on this morning who used to like Obama, he has some problems with the New President including this stimulus.

    http://youhavetobethistalltogoonthisride.blogspot.com/2009/02/fred-imus-proves-radio-is-still.html

20. #612475
    On February 5th, 2009 at 11:38 am, Common Sense said:

    I think I should get a bailout equal to all of the taxes I paid last year.

21. #612515
    On February 5th, 2009 at 12:17 pm, robhic said:

    Now wait just a minute. The car manufacturers are in crisis. New cars aren’t getting sold.

    So why are parts manufacturers crying? Seems like folks will be keeping their older cars longer and would need parts. No?

    So parts business should be up. I feel this is just a “why not give it a try” request.

    Everybody else is doing it…

22. #612542
    On February 5th, 2009 at 12:33 pm, madmonkphotog said:

    For asking for that money, Saturn should fix my seat warmer for free.

    Even though I’m never buying an American car again.

23. #612594
    On February 5th, 2009 at 1:00 pm, rightisright said:

    How did all these businesses stay operational before the bailouts and stingus package came along? Just curious.

24. #612597
    On February 5th, 2009 at 1:02 pm, vsatt said:

    That was my first thought too robhic

25. #612774
    On February 5th, 2009 at 2:30 pm, Danceswithdachshunds said:

    robhic said:….So why are parts manufacturers crying? Seems like folks will be keeping their older cars longer and would need parts. No?

    So parts business should be up. …

    Indeed you are correct, the after-market parts business is very much up and doing quite well in … China!

    It’s a little dated but says here -

    Statistics from the China Association of Automobile Manufacturers show that China’s exports of auto parts grew at 54 percent annually from 2000 to 2005, far outpacing the 29.5 percent rise in imports.

    (Is there much of anything at of these cheap auto parts stores that isn’t made in China?)