Tag Archives: Corruption

Who did Obama pick to handle the re-organization of General Motors?

Look!Obama is appointing the best and the brightest person possible to oversee the bankruptcy re-organization of GM!

First, you need to know about Obama’s take-over of GM, which is pure communism.

Here’s the story from CNSNews:

Without the prior approval of Congress or any legislation authorizing the act, President Obama plans to announce on Monday that the federal government will take a 60-percent ownership stake in General Motors as part of a bankruptcy and reorganization plan for the company.

The White House on Sunday night announced that the plan will require the federal government to provide another $30 billion of taxpayer money to General Motors, on top of the $20 billion in aid the federal government already has given the company.

And guess who Obama’s picked to supervise the bankruptcy and reorganization?

Here’s the left-wing New York Times article: (H/T Hot Air)

It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism.

But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.

Nor, for that matter, had he given much thought to what ailed an industry that had been in decline ever since he was born. A bit laconic and looking every bit the just-out-of-graduate-school student adjusting to life in the West Wing — “he’s got this beard that appears and disappears,” says Steven Rattner, one of the leaders of President Obama’s automotive task force — Mr. Deese was thrown into the auto industry’s maelstrom as soon the election-night parties ended.

“There was a time between Nov. 4 and mid-February when I was the only full-time member of the auto task force,” Mr. Deese, a special assistant to the president for economic policy, acknowledged recently as he hurried between his desk at the White House and the Treasury building next door. “It was a little scary.”

Ed Morrissey comments:

Scary?  Well, yes, and not just for Mr. Deese, whose executive experience actually is less than Obama’s.  He’s never run any business, let alone worked in the auto industry.  He joined the Hillary Clinton campaign by taking a hiatus from law school, which he began after working as an assistant to Gene Sperling, now an advisor to Tim Geithner.  His entire resume consists of campaign work.

Perhaps Deese will do a good job, but I’m not terribly sanguine about the prospects of GM prospering under the guidance of someone who hasn’t ever met a payroll or sold a car.  A President who took his own job seriously would never have appointed a second-tier adviser to this position. A national media who took their jobs seriously wouldn’t let him get away with it, and don’t count this NYT piece in their favor.  They give a glowing report to this political-hackery appointment.

Heck of a job, Deesie!

Nice Deb has reactions from around the blogosphere here. Here’s one from the Heritage Foundation:

Will the new majority owner of General Motors — the United States Government — take an active role in managing the firm as it struggles for viability? In a statement earlier today, President Obama insisted that the government wouldn’t impose it’s own political agenda on GM.

“What we are not doing, what I have no interest in doing, is running GM,” he declared. Calling the government a “reluctant shareholder”, he declared that “GM will be run by a private board of directors and management team with a track record in American manufacturing that reflects a commitment to innovation and quality…They and not the government will call the shots and make the decisions about how to turn this company around… When a difficult decision has to be made like where to open a new plant or what type of new car to make, the new GM, not the US government will make that decision”.

This sounds reassuring, but in fact this non-interference pledge was broken even before he started speaking, as the White House was already trumpeting a pledge extracted from GM to “build a new small car in an idled UAW factory”, furthering the President’s environmental goals as well as pleasing his labor allies.

I think a law student/Hillary campaign lackey is the best candidate available. He’s a Democrat, at least, so you know you’re getting superior economic reasoning power. And GM just asked for another 30 billion, presumably to pay for their union member pensions and benefits. What do you expect when the President and Democrat Congress are running trillion-dollar deficits?

His Supreme Court nominee has similar qualifications. She’s Hispanic and female – female and Hispanic. And she thinks her sex and race will make her a better judge than white male candidates. The best and brightest!

CRISIS! British politicians caught abusing expense accounts

I remember when Stephen Harper took over from the corrupt left-wing Liberal party in Canada, the first thing he did was to pass the Federal Accountability Act, which requires all expense claims to posted on government web sites for the public to see. Conservative MPs could be seen having business meetings at Subway, while Liberals bilked the public for thousands for various junkets. I was so happy for the Canadians.

But the Conservative Party isn’t running things in secular socialist Britain…

Muddling Towards Maturity posted on the whole sordid story, which appeared in the National Review.

David Pryce-Jones writes:

It turns out that the Blair-Brown Labour government could not bring itself to raise salaries for MPs, but instead set up “the system” of allowances that were privileged and kept secret. An MP could claim thousands of pounds more or less on his own say-so, with shaky receipts for dubious expenditure, and the result is that some have built property portfolios worth a million pounds or more.

Supervising this milking of “the system” was Michael Martin, the Speaker. In the early days of Tony Blair, this man was press-ganged into a job for which he was unfit. An old hardline socialist and trade-union man, he saw himself as defender of entitlements rather than liberty and proper government. He put in outrageous claims for himself and his wife. He did his very best to suppress information about the embezzling and spivery going on under him, in the classic manner of a trade unionist getting whatever he could for his comrades.

READ. THE. WHOLE. THING.

And Muddling also linked to this updated story in the New York Post, entitled “The Mother of All British Scandals”.

…A government minister, one of the richest men in the House of Commons, claimed $150,000 from the taxpayer to finance the mortgage on a “second home.” (He already had seven.) A leading Tory repaired the moat around his stately home on expenses.

Sometimes, the claims were trivial and comically embarrassing: tampons, diapers, the repair of leaky pipes, ice-cube trays ($2.50), hair straighteners ($150) and Scotch eggs ($1.25). Taxpayers unknowingly rented two pornographic movies for the husband of another Cabinet minister. A Tory spokesman on “skills and education” hired an electrician to change his light bulbs. (Cost to the taxpayer? About $225.)

The worst claims bordered on the fraudulent — and some stepped over that border. One MP claimed mortgage-interest payments of about $17,000 on a house that had no mortgage. Another took $55,000 in expenses on a necessary “second home” near Parliament, when his primary home was only a few hundred yards away.

Many MPs “flipped” — i.e., changed their homes from primary to secondary in order to receive second-home allowances. One MP flipped three times and got more than $150,000 of public money.

…Prime Minister Gordon Brown claimed $8,000 to pay for his brother to clean his London apartment. My favorite example, though, is the case of Sinn Fein MPs from Northern Ireland who claimed about $750,000 in expenses to attend a Parliament that they refuse to attend on principle.

This is absolutely amazing. Read the whole thing!

Ed West has more on this story. First of all, the British government hands out taxpayer money to lobbying firms, in order to be lobbied for policies they really want to enact anyway. And here, he talks more about solutions to the problem of government entitlements.

Unemployment rate tracking above Obama’s projection

I have an idea. Let’s put a Democrat ACORN lawyer in charge of the economy during a recession caused by Democrats and ACORN. What could go wrong?

This: (From Hot Air, H/T Ace of Spades)

Barack Obama pushed for almost $800 billion in stimulus spending by claiming that it would save or create millions of jobs this year.  Critics pointed out that most of the spending started in 2010 and more than half of it came in 2011 or later, calling the stimulus useless at best for salvaging jobs, let alone creating them.  The White House has quietly agreed with its critics, according to the New York Times, and now says it expects to see no hiring rebound in 2009.

I can’t believe what I’m reading. Are you telling me that the Marxist-in-Chief blew trillions of taxpayer dollars on big government wastefulness, and he created NO JOBS?

Hot Air continues:

We just got done hearing Obama take credit for saving 150,000 jobs — which his administration never documented.  Now we’re hearing that the stimulus package demanded by Obama and passed over near-unanimous Republican objections won’t actually make any difference at all.  The cure, Obama and his team now admit, is private-sector growth.

Take a look at the numbers below. We are getting worse unemployment numbers for Mr. Teleprompter than if he had never spent a dime of taxpayer money at all.

Chart by Geoff from Innocent Bystanders
Chart by Geoff from Innocent Bystanders

Hot Air explains:

Actually, only the red indicators come from Geoff.  The chart itself comes from page 5 of an analysis prepared by Romer and Obama’s council of economic advisers in support of the $787 billion Porkulus plan.

We’re already past 8.8%, well on the way to 9.5%, above her predictions in either case.  They predicted that the upper curve would occur without spending $800 billion on government make-work, and that passage would prevent the severe spike in unemployment.  Now Romer admits that the upper curve will happen anyway.

Remember under George W. Bush, when unemployment averaged about 5% over the course of his two terms? Yeah, I miss him too.