Archive for the ‘Economic Issues’ Category


Friday, December 12th, 2008

These people voted in favor of extending $700 billion to bail out the banking industry, which doesn’t actually make anything. But when the time comes to help one of the last industries in the country that actually makes something with roughly just 1/47 of that total, they vote against it in their drive to eliminate the UAW, and in the process, turn a recession into a depression by dramatically increasing the unemployed.

Here they are.

Bob Bennett, R-UT 
Richard Burr, R-NC 
Saxby Chambliss, R-GA 
Tom Coburn, R-OK 
Norm Coleman, R-MN 
Bob Corker, R-TN 
John Ensign, R-NV 
Chuck Grassley, R-IA 
Judd Gregg, R-NH 
Orrin Hatch, R-UT 
Kay Bailey Hutchison, R-TX 
Johnny Isakson, R-GA 
John Kyl, R-AZ 
Mel Martinez, R-FL 
John McCain, R-AZ 
Mitch McConnell, R-KY 
Lisa Murkowski, R-AK 
John Thune, R-SD

Max Baucus (D-MT) and Blanche Lincoln (D-AR) also turned their back on American labor, but they’re not pictured.

Labor cost facade

Friday, December 12th, 2008

We’ve been hearing so much about how labor costs are the reasons that the American car companies are in trouble, and that they should be brought in line with that of foreign manufacturers. So when Republicans get the chance to mandate the wages (so much for the free market..), you’d think they’d jump at the chance, right?

Well, not so much.

The automakers would [] have been required to cut wages and benefits to match the average hourly wage and benefits of Nissan, Toyota and Honda employees based in the United States, and the companies would have to impose equivalent work rules.

It was over this proposal that the talks ultimately deadlocked with Republicans demanding that the automakers meet that goal by a certain date in 2009 and Democrats and the union urging that the deadline wait until 2011 when the U.A.W. contract expires.

New York Times

Got that? That had their chance, and they reneged. Labor costs is just a facade. They want to just plain kill off the union. End of story.

Stock market 101

Friday, December 5th, 2008

If all your stocks are in this one company, you’re probably asking “what recession?”


Both funny and depressing.

The Conservative Response to the Disaster…

Tuesday, November 25th, 2008

… tax cuts.. again…

“If we’re really serious about creating jobs, what we ought to do is, we ought to eliminate the capital gains tax for the next two years on any equities that are purchased,” he said. He argued that cutting the corporate income tax would help boost employment.

John Boehner

The theory that a short-run government spending stimulus will jump-start the economy is based on old-fashioned, largely static Keynesian theories. These approaches do not adequately account for the complex dynamics of a modern international economy, or for expectations of the future that are now built into decisions in virtually every market.

John Taylor

now would be a really bad time to make union organizing easier, because it would hurt business confidence in a recession.

Rich Lowry, National Review

None of this actually makes any sense in the least.

Look, I’m not opposed to cutting taxes when we can afford to do so. But we haven’t been able to do so for quite a while. The last three Republican administrations have given us over 3/4 of the $11.3 trillion+ national debt we have, and we can’t afford to cut our revenues (truth be told, we simply can’t afford Republican administrations, but that’s beside the point… I think…)

But these guys are just laughable and pathetic. They’re the same ones who, two days after 9/11, rammed through a capital gains tax cut. In their minds, when times are good, we should cut taxes to help the economy. When times are bad, we should cut taxes to help the economy. Enough already!

Orientation/the Myth of $70/hour UAW wages.

Monday, November 24th, 2008

So we’re up and running.I have a feeling this week will bring a lot of writing opportunities, but just to hit the ground running I’ll start by copy/pasting something I wrote this past weekend.

I’ve been hearing a lot about how the possible collapse of Ford, GM and Chrysler are the fault of the UAW recently, what with their $70 hourly wages. Senator John Kyl of Arizona recently peddled this argument on FOX News. The problem, however, is that it’s patently false. 

Let’s start with the fact that it’s not $70 per hour in wages. According to Kristin Dziczek of the Center for Automative Research — who was my primary source for the figures you are about to read — average wages for workers at Chrysler, Ford, and General Motors were just $28 per hour as of 2007. That works out to a little less than $60,000 a year in gross income — hardly outrageous, particularly when you consider the physical demands of automobile assembly work and the skills most workers must acquire over the course of their careers.


[T]hen what’s the source of that $70 hourly figure? It didn’t come out of thin air. Analysts came up with it by including the cost of all employer-provided benefits — namely, health insurance and pensions — and then dividing by the number of workers. The result, they found, was that benefits for Big Three cost about $42 per hour, per employee. Add that to the wages — again, $24 per hour — and you get the $70 figure. Voila.

Except … notice something weird about this calculation? It’s not as if each active worker is getting health benefits and pensions worth $42 per hour. That would come to nearly twice his or her wages. (Talk about gold-plated coverage!) Instead, each active worker is getting benefits equal only to a fraction of that — probably around $10 per hour, according to estimates from the International Motor Vehicle Program. The number only gets to $70 an hour if you include the cost of benefits for retirees — in other words, the cost of benefits for other people.

The New Republic

This has much less to do with unions (despite the crazy union-busters’ wildest dreams) and much more to do with an awful business model. For years and years, Detroit railed spent millions of dollars paying lobbyists to whine to Congress and get them to oppose higher fuel mileage standards. At the same time they completely ignored the writing on the wall and refused to build vehicles with better gas mileage and better technology (Toyota and Honda were smart and did this, and now they’re in a much better position than anyone in Detroit). Instead of playing with the possibilities of 45-50 mpg, they were building huge, gas-guzzling SUVs and Hummers that would tear them apart once an inevitable gas crunch hits the industry.

Now Detroit finally is starting to think about flex-fuels and hybrids, but the Asians are ahead of them again, as they’re playing with technology allowing transportation on pure electricity. So even if we do bail out Detroit, as is currently being discussed, they’ll be in trouble soon enough because nobody is going to want to buy their awful product that is a) out of date b) lower quality and c) from a failing company.

Bottom line: Detroit is in trouble because of business malpractice and awful management. It has very little, if anything, to do with the UAW or any other union as organizations like Redstate, FOX, Townhall and the National Review assert over and over again.

If we’re going to bailout Detroit (and unfortunately, we will) we should make sure that a) a certain amount is required to go to fuel efficiency technology and b) Detroit is required to pay back a portion of this loan. And if this was a just world, the Detroit executives would be out of job, but I’m much too cynical to believe this will happen.

  • Hot ass grab
  • perfect penis anal hermaphrodite nude pics
  • young teen pussy gets fucked
  • young boy movies
  • porn rossian girl
  • international porn movie
  • free porn pic video
  • teenager looses defloration video porn hub
  • milf blowjob video post
  • gernany nipples free galleries
  • amle sex pics
  • monica byrne wickey bikini galleries
  • girls nike red black cleat
  • young friends naked
  • wifeys world black swimsuit tit fuck
  • free hardcore fucking galleries pictures
  • find black pussy
  • huge perfect lesbian porn
  • Stars nude photo
  • streaming wife mature amatuer interracial
  • sexy young red head pussy videos
  • irouch porn videos
  • high quality fuck pictures
  • Sexy soldier girl
  • pretty pussy milf
  • geedy videos wife
  • pornstar lesbian streaming
  • some girls fuck
  • bbw free ebony videos
  • skinny teen pussy thumbs
  • Holly madison naked pics
  • Perfect pussy fucking
  • japanese girls masturbation
  • slim huge boobs video
  • teen blowjob video online
  • ass up gallery
  • Male teen sexuality
  • couples sex technic tapes
  • young teen bathing
  • young girl first sex free video
  • position vids wife
  • sex videos men and women
  • super hero squad porn pics
  • vancouver asian girls
  • so young porngalleries
  • amateur nude photo gallery
  • Videos of hardcore sex
  • Shaved teen cock
  • blonde girls and black
  • beyond reality movie
  • live hardcore amature girls fucking webcam
  • gauge blowjob movie
  • teenage girls fucking sex toys
  • teen college gal sex
  • Hot girl taking off bra
  • big girl sex school dvd
  • indian young sex tube
  • how please wife sexually
  • Winslet sex scene
  • holly brisley video bikini
  • bille piper naked pics
  • amateur porn bondage
  • porn tube teen asian
  • sex depicted in movies
  • videos triple penetration anal
  • sexy club girls tube
  • free horny foursome pics
  • oob maine amateur sex
  • Ahmo hight nude video
  • yugioh dark magician girl hentai pics
  • free old man porn video website
  • hardcore fucking porn video
  • sexy japanes school girl tits
  • barrie pace petite
  • sex video money talks
  • ebony girls in uniform
  • free porn ass pics
  • anime girl hot video
  • all nasty mature sex tube
  • teeners movies sex hairy thai
  • lesbians hardcore licking pussy
  • wife gets bitch training
  • Girl cam sex
  • videos dick topless girl
  • girls celebrity naked
  • teen strip and orgasm vids
  • free videos of skinny emo chicks
  • pussy being cut with shears
  • xxx girl using sex toy
  • young girl backroom casting tubes
  • daughter pussy photos
  • sexy pettite blonde babes
  • michelle bass pussy
  • surprise creampie sex videos
  • free amateur wife nude ex
  • barbie griffin bikini video
  • cute anime lesbians fingering
  • Hot teen cunt
  • redhead teen bed sex
  • free porn stories young
  • sexey asian singles
  • huge black cock anal white
  • slave girls free videos
  • girls party micro bikini
  • curious young lesbians
  • over carrie blonde housewife
  • scavenger hunts for teen halloween party
  • free real amateur masturbation videos
  • hot brunette girl nice pussy
  • movie stars with porn movies
  • almost nude teen girls
  • jewish naked girls
  • xxx pics mature
  • sexy bikini vegas
  • blonde girl with great rack
  • charlize theron breasts video
  • shawnee sex video students
  • hardcore videos black lesbians
  • wife black fucked
  • fisting fat pussy
  • free galleries pornstar
  • prejean video california beauty
  • forbien teen gallerys
  • couples home sex vids
  • little little girl erotic stories
  • pics of sleeping wife
  • amber heard pussy
  • India massage sex
  • concours bikini xxx
  • free amatuer porn young naked
  • Portuguese naked girls
  • strong interracial men xxx
  • red heads sexy porn
  • young boy naked free video
  • Fuck my pussy pics
  • ass lick teen
  • black upskirt porn
  • Daughter sex videos
  • Girls swapping cum
  • black cock lovin wife
  • Sex pic gallery
  • Real lesbian sex videos
  • savannah free porn vids
  • redtube young ebony lesbos
  • funny black labrador pictures
  • asia agcaoili sex guru pics
  • say sex play in japanese
  • unsuspecting girls fuck
  • young girl fucked in ass
  • mature and boys pantyhose sex
  • couples sexy web site
  • xxx babes download
  • black cock asian anal
  • suck large dicks
  • hot mature vulva pics
  • young sex partys
  • lesbian forced to fuck man
  • costa rica amateur sex
  • teens some videos
  • pussy cumshot in mouth
  • girlfriend small tits
  • massive black cock videos
  • pics of sey naked teens
  • youngest lol porn
  • mature wife creampie video
  • homemade teen sleep over dildo movie
  • slutty cumshot facial movies
  • sexy battle girls
  • teen lesbian roommates
  • anal intercourse educational videos
  • free ebony sex porn
  • sex movies cheating
  • hairy teen pussy sloppy seconds
  • free girls otk spanking videos
  • Older lesbians video
  • brooke hogan gallery black thong bikini
  • big dick little girl tube
  • pics abnormal female nipples
  • wife cum video
  • perfect nude teen galleries
  • pics spank girls
  • movie black and white post
  • free orgasm movie
  • hot teens tpussy
  • japanese lactatin tits
  • simpson sex pictures for free
  • free sex video wife switching swapping
  • webcam sex ametuers
  • Beautiful ass girl
  • paris hilton nd sex video
  • old woman young woman adult movie
  • Nude photos of vanna white
  • teacher teen girl sex
  • free forced pantyhose sex movies
  • Little black lesbians
  • fr exploited black teens
  • black panther party denver colorado
  • innocent young virgins
  • japanese girl cosplay
  • schoolgirl strips naked
  • webcams little sister young girl
  • sexe amateur contribution
  • video casero amateur
  • gfe incalls horny petite
  • amateur webcam show video
  • black tie nights lesbian video free
  • bbbw fat pussy
  • piss and suck dick
  • amateur submitted striptease videos
  • beautiful girls tits
  • free amateur porn camille
  • shemale movies us
  • girl gets fuck hores
  • look at girls real boobs
  • Free teen lesbians
  • Sarah jane potts sex scene
  • man inspecting pussy
  • free anime lesbians porn videos
  • video blouse and tits
  • hot milfs teach girls sex
  • Beyonce vagina pics
  • girls annal sex
  • clone for sex videos
  • half black half korean
  • cute angel girl sex videos
  • redhead pussy oily
  • free cum facial movie
  • ebony lesbians free video
  • porn august night interracial
  • shit in her pussy
  • Screaming teen orgasm
  • asian search engine porn
  • erotic sensual housewife stories
  • youngest aa cup breasts virgin pics
  • girl with hand on dick
  • fee blowjob movies
  • young erect nipples
  • young cute good teen
  • nagano japan olympics
  • hiding video cameras to record sex
  • free teen thumb galleries
  • facial site xxx
  • african black girls with white men
  • movies with naked males
  • erotic sex stories in public
  • android porn movies
  • flash porn vids tied up
  • young teen group sex tube
  • great anal sex shots
  • asian japanese clothes dress
  • guys licking her pussy and ass
  • bikini teen comic
  • very very hot fuck videos
  • butt plugs and sexual benefits
  • sexy wife swapping videos
  • lesbian shower sex
  • hardcore sex videos xxx
  • annek nayler topless galleries
  • free mature anal porn vids
  • very young bbs nude girls
  • lesbian porno xx with shemale squirtting
  • black chicks sucking big white cock
  • girl sexy tits
  • girls get abused porn
  • eden pornstar videos
  • teen dorf video galleries
  • asian french kissing video
  • Straight girl lesbian
  • spankig shaved pussy teen girls
  • fat mature anal
  • free adult video closeup
  • hacked homemade sex videos
  • teen socks gallery
  • black lesbians suck tongue
  • flat chested teens fucking videos
  • britney spears butt pics
  • hermafrodita having sex with girl
  • all sex young home alone
  • carol goldnerova showing pussy
  • hot teen babes videoes
  • teenage girl nude art pictures
  • free plump butts porn
  • free hairy wet pussy
  • naked pics of idol girls
  • small and skinny granny porn movies
  • naked black bodybuilder pornnstars
  • free amateur korean girl spied on
  • black teen booty
  • Sikh nude girls
  • venus conjunct uranus anal sex
  • free milf double anal mature
  • mature old pussy
  • photo amateur sex banlieus
  • young porn first time anal
  • mother giving young son blowjob
  • mile schooler girls show there boobs
  • big breasted amateur wife victoria
  • asian free blowjob movies
  • hardcore anal sex pornhb
  • Ameture cum shot
  • signs of young girl masturbation
  • black opinions about interracial marriages
  • Lesbian cheerleader pics
  • videos on how to do sex
  • sweet cute young girl fuck
  • Nude pictures of salma hayek
  • short petite brunette