Blog Archives
Refusing Bailout Money, Ford Proves to be Tough in Troubled Times
Times have been tough for the automotive industry over the past few years. While some have resorted to taking government bailouts to stay afloat, there has been one company, in particular, that has changed their business strategy and relied on innovation to push ahead. Ford Motor Company did not take any money from the government, and they have profited from this move by placing more of an emphasis on innovation and marketing. One marketing approach has been their ads, which focus on real Ford owners saying why they have purchased from the company. The below ad features a new F-150 owner, Chris, who purchased his truck for the fact that the company was not bailed out by the government.
His name is Chris. After he sits down the “reporters” bark “Chris, Chris.” One asks him to explain why “was buying American important to you.”
Sitting and looking sincere and serious, Chris says: “I wasn’t going to buy another car that was bailed out by our government. I was going to buy from a manufacturer that’s standing on their own: win, lose, or draw. That’s what America is about is taking the chance to succeed and understanding when you fail that you gotta’ pick yourself up and go back to work. Ford is that company for me.” [
Source]
Now, why would I focus on Ford so heavily? Maybe, it is because I am biased. My father was a former Ford mechanic and I drive a Ford, which I love due to obvious reasons. Another reason is that taxpayers will be losing money to the government bailout of GM and Chrysler at the tune of $14 billion, and this is not chunk change by any means. It is not the government’s role to bail businesses or industries out when they are failing, rather it is up to the CEOs of the organizations to refresh their business strategies and focus on new ideas that will appeal to their consumer base.
Cross posted at Bearing Drift
The Push for Government Transparency is Growing
Today, Sunshine Review launched a new website called Sunshine Standard, which is a new online platform designed for legislators and activists that will become a national model for launching transparency reforms across the country and will assist Americans in holding their legislators accountable.
Mike Barnhart, President of Sunshine Review, said in a statement:
“Most state and local governments do not embrace transparency. Even fewer proactively share information.”
Transparency exists largely at the munificence of officials, with the burden of negotiating complex and costly FOIA petitions resting squarely on the shoulders of citizens and journalists.
Barnhart stressed that “state and local governments, and school districts, have an affirmative obligation to transparency reforms that proactively share the information people need to hold officials accountable for how tax money is spent and how the people’s business is conducted. We must set the bar for state and local government transparency.
Sunshine Standard is a guide to these reforms being implemented across the country.”
Sunshine Standard model transparency legislation was endorsed by state legislators, who attended the American Legislative Exchange Council (ALEC) Annual Meeting earlier this year.
Transparency, at the local, state, and federal levels, is needed now more than ever. When Barack Obama was campaigning for President in 2008, he promised the nation that he would allow people to access a more transparent government. Unfortunately, this has been a promise that has been mostly unfulfilled by the President and Congress.
Cross posted at Bearing Drift
Coke Snorting Monkeys–Another Project of the American Recovery and Reinvestment Act
Leave it to the Federal government when it comes to spending the taxpayers’ dollars. They spend wastefully and yet wonder why taxpayers are so heated when they find out how their money is being used. Thanks to Senators John McCain (R-Ariz.) and Tom Coburn (R-Okla.), we now know some of the projects funded by the American Recovery and Reinvestment Act of 2009.
For example, did you know that the ARRA provided $144,541 to study coke snorting monkeys? Ironic, don’t you think? The government would rather know how monkeys react to cocaine (which seems odd considering that it is illegal to possess/use cocaine legally in the United States), instead of addressing the $14 trillion plus deficit.
Test Monkey: Hmmm…I wonder how coke will affect my acrobatic talents
This act also gave money to some other wasteful projects:
- Restoring one of the nation’s least visited parks, located on a remote island…total $13.3 million
- Upgraded office space and indoor parking for Kansas politicians…total $39.7 million plus
- Constructing a power plant that will not open for two years…total $308 million
- Capturing ants (yup, only in San Francisco…must be all the flowers in the bureaucrat’s hair)…total $1.9 million
- Do you like to dance or get your groove on? ARRA funds interactive dance software development at a cost of $762,372
So far, with Democrats in control of Congress and President Obama, spending money on wasteful programs seems to be the solution to our economic woes. However, it is leading us into an even greater depression.
'Colombianization' of Mexico
Christian Science Monitor has more.
Violence in Mexico escalates:
Last week’s Mexico car bomb in the border town of Cuidad Juarez killed three. It is the first known use of a car bomb against authorities and marks a troubling new level of violence in the country’s brutal drug war.
The significance: Mexico is in complete free-fall, with violence spilling over to the U.S. side of the border. With U.S. law enforcement personnel (such as Sheriff Babeu of Pinal County, Arizona receiving death threats), when will this scene be reenacted in the U.S.?
Congress Must Reduce Government Spending
Guest Post by Congressman Bob Goodlatte
Just days ago President Obama’s National Commission on Fiscal Responsibility and Reform met for the first time. At that meeting Federal Reserve Chairman Ben Bernanke expressed extreme concern over the effect of out-of-control government spending on the future of our nation’s struggling economy. Bernanke warned that “even after economic and financial conditions have returned to normal, in the absence of further policy actions, the federal budget appears set to remain on an unsustainable path.” This same message was previously delivered by Peter Orszag, the President’s Director of the Office of Management and Budget. When speaking to a group at New York University he said “deficits of this size are serious and ultimately unsustainable.”
The federal budget deficit is projected to exceed $1 trillion for the next two fiscal years and exceed $800 billion annually for at least the next decade. While Chairman Bernanke and Director Orszag are right, their warning is not consistent with their actions. They promoted the government purchase of private businesses and assets in the TARP legislation, wasteful spending in the so-called stimulus bill and a $1.6 trillion shortfall in the budget for next year. We simply cannot continue down this fiscally irresponsible path. It is time Congress takes control of spending instead of letting it control the Congress.
Last week, with the support of an overwhelming majority of Republicans in the House, I introduced legislation aimed at saving taxpayer money and reducing the deficit by reforming the often abused earmark process. In an effort to rein in government spending, the House Republican Conference recently adopted a party rule that instills a year-long moratorium on Members obtaining earmarks in the appropriations process. While this is a positive step, more must be done to actually save taxpayers’ money. Earmarks are only a very small percentage, less than one percent, of government spending but irresponsible earmarks are emblematic of a larger problem and indicate the lack of scrutiny and tough decision making that Congress applies to the entire government budget and spending process. My legislation calls on House Democrats to join House Republicans in a one year moratorium on all earmarks and directs total discretionary spending to be reduced by the same amount saved by this earmark moratorium.
Additionally, I have introduced bipartisan legislation which forces Congress to enact fiscally responsible spending measures and reduce the deficit by requiring that total spending for any fiscal year not exceed total receipts. By requiring the federal government to balance the budget it ensures that Congress and the President are held accountable to the American taxpayers.
Working to reduce government spending is a significant undertaking and one to which I remain firmly dedicated even in a Congress where excessive spending runs rampant. Congress must balance the budget and ultimately eliminating the debt by being good stewards of taxpayer money. I believe it is our duty as Members of Congress to exercise great care and responsibility in managing our spending priorities and I will continue working to make sure the hard-earned dollars of my constituents are handled responsibly in Congress and that wasteful government spending is stopped.
Important Poll
Stevens Miller (you know…the Dulles District Supervisor, who also ran against Tom Rust and lost) is in the news once again. This time, The Loudoun Independent has a poll asking who would be the first Loudoun County supervisor you would vote out of office. The last I checked Miller was leading the pack in being the most likely voted out. Ouch!
So, go vote today! Stevens Miller…not even for dogcatcher!
Stopping Job Killing Energy Regulations and Taxes
Guest Post by Congressman Bob Goodlatte
Late last year the Environmental Protection Agency (EPA) took the first steps toward a national energy tax by writing anti-growth regulations that make carbon dioxide – something that is necessary to sustain life on earth – a regulated pollutant under the Clean Air Act. This backdoor attempt to institute a national energy tax will stifle economic growth and kill jobs, especially in the manufacturing, transportation, energy, and agricultural sectors. Now more than ever, with the national unemployment rate hovering around 10 percent and 15 million Americans looking for work, these harmful rules must be stopped.
The EPA’s regulations represent a clear and present danger to our economy and to all of our efforts to provide the conditions for job growth and prosperity. These new regulations will cost hundreds of billions of dollars to implement and would ultimately affect millions of small sources of emissions such as hotels, hospitals, churches, farms, office buildings, restaurants, and other small businesses. These rules will inject uncertainty into the economy, delay or halt new construction, and deter investment. Citing the negative impact to their states, these regulations are strongly opposed by several States’ Governors, Attorneys General, environmental agencies, and agricultural agencies.
The unelected bureaucrats at the EPA should not be creating national energy policy for our country and so I have joined with Republicans and Democrats in both the House and Senate in supporting legislation which would prevent the implementation of these job-killing regulations posed by the EPA.
Instead of passing regulations which will simply raise energy costs and ship jobs overseas, our nation needs an “all of the above” solution to cleaning up the environment, lowering energy costs, and creating more American jobs. We need comprehensive energy legislation which reduces our dangerous dependence on foreign energy and puts millions of Americans to work. We must encourage innovation within the energy market to create the renewable fuel options and energy careers of tomorrow, promote greater conservation and efficiency by providing incentives for easing energy demand and creating a cleaner, more sustainable environment and increase the production of American energy by responsibly utilizing all available resources and technologies and streamlining burdensome regulations.
America’s economy is intrinsically linked to the availability and affordability of energy. During this economic slow-down we should be adopting policies that seek to rebuild our economy and create more jobs; we need reliable and affordable energy supplies. Unfortunately, the new regulations the EPA is pushing would only further cripple our economy. Instead of government mandates and bureaucracy we should focus on policies that support technological advances and consumer choices. The bottom line is that we need policies which encourage investment in environmentally sound, cost-effective practices without stifling innovation and setting our economy further back.
To contact me about this or any other matter, please visit my website at www.goodlatte.house.gov.
Could Virginia's Term Limits for Governor be ending?
Cato at Delmarva Dealings writes that Bob McDonnell is proposing the end of a one-term governorship. In a practice that has gone back to the time of Thomas Jefferson, why so quick to eliminate term limits?
