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Monday, November 17, 2008

The Auto Industry Bailout with a Main Street Twist

Whether or not to bailout the beleaguered auto industry was all the talk of the Sunday talk shows. Most folks think the American Auto industry has been playing a poor game of catch up to Asian car markers and has caused most if not all of the problems they find themselves in. While their is a huge consensus for the causes of the auto industry debacle, the real debate centers around whether or not the government should bail them out. Lots of different bailout schemes are being touted, but none of them seem to have much to offer the American Public. So here is my suggestion, if we want to save our auto industry, let's give every American who buys an American car a $2000 refundable tax credit in the year of purchase--in addition, why not guarantee car loans to qualified buyers at a 6 percent interest rate. If folks could get a car loan at 6 percent and a $2000 refundable tax credit for buying American made cars, we'd all be lining up to trade in our cars for new ones. Everybody wins.

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Gas Prices

Gas Prices
Getting Gassed

Ricochet Rabbit Reports It All--


01/12/2009 Gas Price Safeway $1.99
12/01/2008 Gas Price Safeway $1.89
11/23/2008 Gas Price Safeway $1.96
11/16/2008 Gas Price Safeway $2.16
10/21/2008 Gas Price Safeway $2.86
10/01/2008 Gas Price Safeway $3.38
09/14/08 Gas Price at Safeway $3.79
08/11/08 Gas Price Shell Olympia $3.99
08/02/08 Gas Price at Tacoma $ $3.98
07/24/08 Gas Prices at Safeway $4.15
07/01/08 Gas Prices at CostCo $4.19
07/14/08 Gas Prices at CostCo $4.22

Oh My Gosh! Can This Be True?

Down The Rabbit Hole

15. NPR lays off 7 percent of its work force and cancels 2 progrms
14. Governor of Illinois is arrested
13. Los Angles Tribune declares bankruptcy
12. Chicago Tribune declares bankruptcy
11.16,000 jobs at Sony
10. 3400 Washington Mutual employees lose their jobs
9. Citibank gets another bail out
8. Circuit City seeks bankruptcy protection
7. AIG--on government life support
6. Merrill Lynch adopted by Bank of America
5. Leyman Brothers--dead
4. Freddie Max--on government life support
3. Fannie Mae--on government life support
2. Free checked luggage on the Airlines.
1. Free coffee, tea, soda, and water on the Airlines.

New From the Garden



2. Washington workers receiving L & I will receive a 5.018% cost of living raise beginning July 1. As a state worker for nearly 25 years, I can tell you I've NEVER seen a 5.018% raise of any kind.

1. IRS mileage rate for 1/08 through 6/30/08 is $0.505 beginning 7/1/08 it goes to $0.585 supposedly until the end of the year. But it is not beyond the realm of possibility that it could up again if gas prices continued to climb. July 1 2008


FLACK OR FRICTION

FLACK: The inability to have sex is a disability protected by the federal anti-discrimination laws. I can't make this stuff up.

This ruling by the appellate court gives a state department employee another chance at overseas employment. What I don't get and hopefully someone will explain this to me, is how being sexually incapacitated is related to State Department employment, or more particularity overseas State Department employment.


FLACK:
Oh really, Proctor and Gamble won its case in the U.K.--Pringles are NOT potato chips. So says Proctor and Gamble and the UK courts agree. They have only 42% potato products in them and are not fried but rather baked from a dough. This makes it a food and not a snack--which means no 17.5% sales take for the U.K.

FRICTION----
What is this big hoopla about 900 cases of salmonella poisoning over a six-week-period over the entire nation. I mean, sure, I sorry that 900 folks got sick---but I gotta believe that is about average. Frankly, I think we have bigger problems to solve---a whole lot more than 900 people are feeling the wounds of too high gas prices, too high food prices, and a president who says "he feels our pain". Even if we find out how this salmonella was spread--it won't stop salmonella--it will happen again--it's nature. So call me and alarm me when it is 900 people in one city that are sick---that is a REAL problem.

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