Another Episode of Wingnut Fail

Filed in National by on June 9, 2009

There they go again.

Republicans’ Maximum Leader Rush Limbaugh is trying to manufacture a new bit of outrage, this time to boycott GM.

That’s right — boycott General Motors.

Clearly these repubs have not spent any time mapping out where the GM plants will survive. And clearly these repubs don’t give a damn about whether Americans actually work or not. Even better though, they haven’t given a single thought as to all of the Republican GM car dealers that would be even more squeezed than they are now. But they probably have their goto “statistics” guy cherrypicking some more data to try to prove that Obama forced everyone to boycott GOP owned dealerships or something.

Bet they aren’t boycotting the TARP banks or AIG or even the conventional mortgages (backed by Fannie and Freddie!) that most of them have. But every single one of them would pony up for a Chinese-made Hummer though.

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"You don't make progress by standing on the sidelines, whimpering and complaining. You make progress by implementing ideas." -Shirley Chisholm

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  1. Boycott GM? | Iowa Liberal | June 9, 2009
  1. pandora says:

    Wait a minute… I thought they were just upset about certain GM dealerships closing. I’m so confused!

    Are they now really going with Don’t Buy American?

  2. callerRick says:

    “Clearly these repubs have not spent any time mapping out where the GM plants will survive…”

    China?

    Even though I’m fairly conservative, I don’t really listen to Limbaugh, unless I happen to be in the car when he’s on-the-air, so I don’t really have a horse in this race. However, a quick observation.

    Limbaugh’s radio network is not unlike this forum- a place for like-minded individuals to hear what they want to hear (or, read what they want to read). Limbaugh is a master businessman, and his business (estimated to be around 20-million listeners daily) is enhanced by controversy. And who generates that controversy? His bitterest foes!

    Incredible. Limbaugh must be laughing all the way to the bank.

  3. Gee, Limbaugh’s in it for money. I’m shocked.

  4. I have predicted GM will be gone in ten years and the truth is the money we spent so far ($60 billion) has been largely wasted.

    Truth is Obama has dug GM a hole it can’t get out of. His appeasement in bankruptcy court to skew existing law to pay off a political group is a disaster.

    The President is in charge of the FUBAR economy and has no idea how to get out of the mess he started.

    Need proof? The new Chairman is a guy from AT&T who was a moderate failure and the White House approved the pick based on his ‘corporate’ experience. So much for change.

    Limbaugh is radio talk show host, Obama is a President who is ruining every company he touches.

    Mike Protack

  5. The Limbaugh Republicans are invested in having everything fail. I guess that’s what they consider patriotism.

  6. cassandra_m says:

    This economy if FUBAR because George Bush and his cronies — cheered on by the Protacks and other GOP enablers of the world — broke it. We all started officially seeing the effects of that breaking in December 2007.

    Too bad Mr. Short Bench wasn’t so interested in calling Bush a failure.

  7. Geezer says:

    cR: Our beef isn’t with El Drugbo making money. It’s with followers who think he’s a fount of wisdom.

  8. callerRick says:

    Socialism always fails; thus, Socialism isn’t ‘patriotic.’

    Were Madison and Jefferson, et. al., ‘patriotic?’ Read Article I., Section 8., of the U.S. Constitution and the last few paragraphs of Federalist #41.

  9. cassandra_m says:

    Well since socialism isn’t what’s on offer (and you apparently wouldn’t know it if you saw it anyway), you can consider yourself as part of the Wingnut Fail of the Day cRick. You are free to take that crap to your radio handlers who are delighted to speak to people who haven’t a single clue.

  10. Geezer says:

    “Socialism always fails; thus, Socialism isn’t ‘patriotic.’ ”

    Frontrunner for stupidest comment of the week.

  11. I’m sure Rick will give back his Social Security, Medicare, public schooling, interstate highways, etc. any day now.

  12. FSP says:

    I wouldn’t buy another GM product, but not because of Rush. I think of it more as rewarding Ford for being a better company and being able to survive without taking tax money.

  13. FSP says:

    “I’m sure Rick will give back his Social Security, Medicare, public schooling, interstate highways, etc. any day now.”

    Are you admitting that GM is now a federal program?

  14. RSmitty says:

    @ callerRick (#2):
    China?

    I thought there was a recent announcement that rescinded the plan to manufacture in China due to the nasty PR pushback. I could be wrong in the total detail, but I know I heard something on the radio to some extent of this.

  15. RSmitty says:

    @FSP (#12):
    Quite a few of us bloggers on different sides have noted throughout all of this that Ford has absolutely been the better player, let alone, maybe by miracle, has been making huge stides in quality and safety. By all means, I do agree that they should reap some benefit from consumers, but you can’t coerce gratitude. Well, I know a pilotician who may try that, but most people can’t do it.

  16. FSP says:

    “By all means, I do agree that they should reap some benefit from consumers, but you can’t coerce gratitude”

    No coercion. Thank God people are still able to freely choose what car to buy. If people want to buy a Chevy to offer some support to Obama, that’s completely fine. Me, I’m buying a Ford next. (Hopefully not until my car hits 200,000 on the odometer, that is.)

  17. cassandra_m says:

    Ford has been the better player because they were more aggressive about restructuring earlier AND they arranged for a massive credit line back in 2006. If people don’t start buying cars, Ford is in the same place as the other two within a year. Besides, last I heard, Ford has a deal with the Feds for a $9billion line of credit if they need it — like if people don’t start buying cars soon.

  18. jason330 says:

    This reminds me of the Jensen show teaser in yesterday’s AM drive.

    He quoted the President saying that the US government was not going to run GM – then he broke off the quote and said something like “That means the goverment is going to run GM.”

    Hilarious.

    I know I shouldn’t continue to be surprised how proudly, stridently clueless conservatives are these days.

    I shouldn’t be surprised when they act like George Bush was great and Obama created this economic mess all in the past 150 or so days.

    And yet I am. I expect everyone to have at least a passing familiarity with reality. Silly of me, I know.

  19. cassandra_m says:

    Are you admitting that GM is now a federal program?

    Runner up for the stupidest comment of the week.

  20. FSP says:

    “I shouldn’t be surprised when they act like George Bush was great and Obama created this economic mess all in the past 150 or so days.”

    Definitely not in the last 150 days. The economic downturn happened on George Bush’s watch and was created by a myriad of nonpartisan factors, pushed along by both parties.

    That said, there is clear evidence that the Obama administration’s ‘borrow and print’ strategy has made things worse. Case in point is the bond market getting freaked by the debt and causing mortgage rates to rise, further delaying the rebound in the real estate market.

    Unemployment is higher now than the administration predicted it would go WITHOUT the ‘stimulus’ bill.

    At some point, this administration’s going to have to accept some responsibility and stop blaming Bush for everything.

  21. FSP says:

    Rick was complaining about GM, and you said “I’m sure Rick will give back his Social Security, Medicare, public schooling, interstate highways, etc. any day now.”

    Way I read it, that’s definitely equating GM with federal programs. Maybe I’m mistaken or reading it wrong.

  22. jason330 says:

    That said, there is clear evidence that the Obama administration’s ‘borrow and print’ strategy has made things worse.

    Lie.

    Case in point is the bond market getting freaked by the debt and causing mortgage rates to rise, further delaying the rebound in the real estate market.

    Bullshit. The bond market get freaked by the fact that it is impossible to value equities thanks to Bush.

    At some point, this administration’s going to have to accept some responsibility and stop blaming Bush for everything.

    No. Wrong again. It will take decades to clean up after Bush. We know you loved him, buit he sucked ass. Face it.

  23. RSmitty says:

    Case in point is the bond market getting freaked by the debt and causing mortgage rates to rise, further delaying the rebound in the real estate market.

    Bullshit. The bond market get freaked by the fact that it is impossible to value equities thanks to Bush.

    Actually, J, your desire to constantly rub Dave’s face in whatever backfired on you on this point. Any trading house or individual trader that deals with bonds has pretty much in the media said exactly what Dave said in that point, about what is spooking the market. Nothing was said about Obama or Bush (by the traders), but they certainly have cited the uncertain debt load and the money-“inventory”.

  24. Von Cracker says:

    All their words mean shit, unless they start boycotting Unilever, Philips and the like…

    …meaning all those massive Euro-conglomerates.

    Otherwise – stop bitching like a little baby, take your fist out of your own asshole, and joint the home team and come in for the big win, losers.

  25. FSP says:

    “All their words mean shit, unless they start boycotting Unilever, Philips and the like.. meaning all those massive Euro-conglomerates.”

    Including Bud, Miller & Coors…

  26. Von Cracker says:

    Correctomundo.

  27. Geezer says:

    FSP: Wouldn’t touch that crap now, or when it was owned by Americans, either.

    “The economic downturn happened on George Bush’s watch and was created by a myriad of nonpartisan factors, pushed along by both parties.”

    The fact that both parties joined the deregulation party doesn’t change the fact that you conservatives were the ones pushing the idea. But then, accuracy seldom impacts conservative talking points — for example, they now despise cap-and-trade, even though it’s their favored approach (over straight-out regulation).

    If any of you are well-off enough to buy your next car based on anything but its value and performance, God bless you.

  28. I think it must be hard to keep up with what conservatives are boycotting these days.

    No, I’m not admitting GM is a federal program. Don’t play dumb.

  29. FSP says:

    “for example, they now despise cap-and-trade, even though it’s their favored approach (over straight-out regulation).”

    I don’t. If you’re going to tax (which is what cap and trade is), I think it should be a straight carbon tax. Creating something that can be traded, with all the games that traders play) is a huge, stupid mistake.

  30. FSP says:

    “No, I’m not admitting GM is a federal program. Don’t play dumb.”

    It’s not an act. I really am dumb. Ask around.

  31. Geezer says:

    “Creating something that can be traded, with all the games that traders play) is a huge, stupid mistake.”

    So you’re against the idea in all areas, or just on the carbon tax?

    Whether or not you personally like it, the idea still comes from the “let the marketplace rule” bunch.

  32. FSP says:

    “So you’re against the idea in all areas, or just on the carbon tax?”

    Definitely against the creation of a market for taxation. It defies the laws of the marketplace.

  33. Geezer says:

    Sorry. Didn’t mean to push “replay” on discredited conservative economics lessons.

  34. Von Cracker says:

    I wasn’t aware that a tax can also be a commodity.

  35. FSP says:

    “I wasn’t aware that a tax can also be a commodity.”

    It shouldn’t be.

    And Geezer, the free market has been so bastardized at this point that a lot of old rules don’t apply. But I would hope that reasonable people could agree that creating a market for tax derivatives is a bad idea.

  36. h. says:

    People have been “boycotting” GM & Chrysler (and even Ford) to some extent for years.

    Boycotting anything is a joke. When was the last time it worked? What businesses have failed due to a boycott? But if it makes you feel warm & fuzzy inside, have at it.

  37. Geezer says:

    FSP: Why? It worked for acid rain. They aren’t “derivatives.” They’re permits. Cap and trade simply lets the industry players deal with each other instead of lobbying the government.

    Beyond that, there is no such thing as a “free market.” All markets are regulated in some fashion. To pretend otherwise is to establish the perfect as the enemy of the good.

  38. cassandra_m says:

    Geezer is absolutely right. Cap and Trade worked incredibly well (and still works) to reduce the contaminants that produced acid rain.

  39. FSP says:

    “Why? It worked for acid rain. They aren’t “derivatives.” They’re permits. Cap and trade simply lets the industry players deal with each other instead of lobbying the government.”

    It worked in instances like acid rain and gasoline lead, but this is basically all energy. The price fluctuation for energy will be like Mr. Toad’s Wild Ride. Also, there is an amazing capacity for profiteering through manipulation of the permits.

    The better scenario in my book is a large carbon tax paired with an equal reduction in the payroll tax. Why not have an outright tax instead of the inherent fluctuations and abuse in attaching a complex scheme to the entire energy sector?

  40. cassandra_m says:

    Real data on the SO2 and NOx cap and trade programs.

    It worked in instances like acid rain and gasoline lead, but this is basically all energy. The price fluctuation for energy will be like Mr. Toad’s Wild Ride. Also, there is an amazing capacity for profiteering through manipulation of the permits.

    Translation : I have no idea what I’m talking about here.

    C’mon FSP — you aren’t even trying here. There is a real argument to be made for a carbon tax rather than a cap and trade program, but you need to actually make it.

  41. Von Cracker says:

    You obviously do not know your history, h.

    Boycotts of all stripes have worked in the past…..

    Economical – Hell – the American Revolution, for one. American merchants boycotting British goods – your effing Tea Party! WANK-WANK!

    Societal – Montgomery Bus Boycott.

    Consumer – Kellogg’s, Nestle, Coca-cola, and numerous energy and chemical companies.

    But hey, if it makes you all warm and fuzzy and such…..

  42. FSP says:

    My position, BTW, is supported by the head of the Sierra Club and the head of ExxonMobil, among any others, including the Pigou Club and the Carbon Tax Center.

  43. anonone says:

    Actually, FSP has a valid point regarding carbon cap and trade. Sulfur (acid rain) emissions are much easier to quantify and trade than carbon emissions.

  44. FSP says:

    “Translation : I have no idea what I’m talking about here.”

    Yeah, because it would be CRAZY to think that traders would manipulate for profit’s sake at the expense of the population. What was I thinking?!

  45. cassandra_m says:

    And this isn’t quite precise:

    Any trading house or individual trader that deals with bonds has pretty much in the media said exactly what Dave said in that point, about what is spooking the market

    What you hear of this is a very stupid reduction of a a bunch of points that Bernanke made recently:

    However, in recent weeks, yields on longer-term Treasury securities and fixed-rate mortgages have risen. These increases appear to reflect concerns about large federal deficits but also other causes, including greater optimism about the economic outlook, a reversal of flight-to-quality flows, and technical factors related to the hedging of mortgage holdings.

    And the brilliant Martin Wolf (not your average cable TV screamer) would also beg to differ

  46. cassandra_m says:

    Sulfur (acid rain) emissions are much easier to quantify and trade than carbon emissions.

    Not really — especially since the initial efforts here are going to be for stationary sources.

    The SO2 and NOx traders seem to have done their business in an above board fashion. Just because a few might misuse it doesn’t make the concept completely wrong. Like speed limits.

  47. h. says:

    I wasn’t talking about boycott’s of “all stripes” fucknut. Give me one example of a boycott leading to the bankruptcy, or failure of a business in the last 100yrs. And I’m not talking about a Wheaties boycott for taking Michael Phelps off the front of the box.

    I guess you can insert Walgreens for GM in this post.

  48. Von Cracker says:

    Boycotts are about pain not death.

    Fucknut, very clever…now go back to playing with your 2 inch clit.

  49. anonone says:

    FSP,

    Speaking of Wing Nut failures, did you happen to read David A’s comments last night in support of the North Korean government (or any government) imprisonment and torture of American journalists?

    Personally, I think it was more despicable than anything Mr Knotts ever published on your site.

    I wondering why you provide a forum for someone who advocates support for brutal totalitarian regimes imprisoning American journalists? Could there be a position more opposite to American ideals of a freedom, human rights, and freedom of the press than that?

  50. cassandra_m says:

    Hey A1 — your questions to FSP on this thread are off topic. Can’t you ask him these questions on the appropriate place on FSP’s blog?

  51. Von Cracker says:

    h. gets all pissy-like when you destroy the premise of his argument.

    Typical.

  52. anonone says:

    Hey c_m,

    OK, but what does the cap and trade discussion have to do with wing nut fail and boycotting GM?

  53. h. says:

    Just lowering myself to your angry man liberal standards. And it’s 3in.

  54. cassandra_m says:

    A1 — cap and trade doesn’t have all that much to do with boycotting GM, but you’ll notice that the conversation drifted to that in a peaceable manner. Your question to FSP is just about throwing bombs at him — a topic that may be of interest to you and maybe to FSP, but probably not to anyone else.

  55. Von Cracker says:

    yeah, angry enough to kill a doctor and such…

    la-de-da.

  56. anonone says:

    c_m,

    That was hardly “throwing bombs.”

    I was sincerely interested in his answer.

  57. cassandra_m says:

    So you can’t ask him on his own blog? Where there are alot more people who might be interested in his answer?

  58. callerRick says:

    “Well since socialism isn’t what’s on offer (and you apparently wouldn’t know it if you saw it anyway).”

    Really? Would you feel better if I call the nationalization of banks and industry fascism?