Showing posts with label Auto Industry. Show all posts
Showing posts with label Auto Industry. Show all posts

Tuesday, September 20, 2011

Republicans aren't reading their Bibles


Whether you're Christian or Jewish, God makes a pretty clear case against selfish ambition and hypocrisy in both testaments of the Bible.

Source: WMX Design
Remember Cain, the first man born on Earth? Cain was cursed by the Lord for killing his brother, but Cain's first sin (one always leads to another) was selfish ambition. While his brother, Abel, sacrificed the first-born of his flock, Cain offered only defiled fruit (the assumption being that he kept the good shit – probably the chocolate-covered strawberries – for himself.)

In the Gospel of John, when the scribes and Pharisees brought to Jesus a woman who'd been accused of adultery, they cited the law of Moses, which commanded that such a woman be stoned. Jesus said to them, "Let anyone among you who is without sin be the first to throw a stone at her."

The morals of these stories are self-explanatory, but for those who aren't keeping up on their studies (I won't name names, yet), they are straightforward warnings against selfish ambition and hypocrisy.

Republicans would be wise to take note.


In last year's campaigns, Republicans ripped into Democrats for failing to perform one of Congress's most basic duties: providing money in a timely way for the operations of government. But Republicans acknowledged Thursday that they would miss the deadline they had promised to meet. They began to rush a stopgap spending bill through the House because, they said, Congress could not finish work on any of the 12 regular appropriations bills before the new fiscal year starts in two weeks, on Oct. 1... [T]he stopgap bill includes $3.65 billion in assistance for people affected by Hurricane Irene, wildfires, floods, tornadoes and other natural disasters. Of this amount, $1 billion would be offset by cutting a loan guarantee program for production of more fuel-efficient cars.

The obvious critique of GOP hypocrisy is that the same Republicans who "ripped Democrats" throughout the 2010 midterm campaign for not passing an appropriations bill on time suddenly are finding that they, too, are having a difficult time with such "basic" duties.

The greater hypocrisy, however, is that the same party that has been attacking President Obama and congressional Democrats for failing to stimulate job creation is now vying for cuts to an auto industry that just recently returned to the black"

Democrats and an auto industry expert warn the funds [Republicans] picked to pay for disaster aid is currently supporting a successful program that has pulled manufacturing jobs back from other countries and helped keep the industry alive around the eastern Midwest. Taking the money away would jeopardize that program.

Though I'm no theologian, I don't think there's anything in the Bible saying idiots don't get into heaven. That said, I bet if the Pope picked up the big red phone on his nightstand and gave the Man Upstairs a ring, He'd relay a reminder to the masses that while ignorance is not sinful, willful idiocy is definitely frowned upon.

Rep. Eric Cantor, Republican of Virginia,
House Majority Leader, Big Oil Toady
 
Fuel-efficient cars are the future. Even your average NASCAR T-shirt-wearin', Budweiser drinkin', gun totin' Texan wouldn't mind paying a little less for gasoline – especially if it meant eliminating America's dependency on foreign oil.

The problem, of course, is corporate profits. Fuel-efficient cars burn less gasoline, gasoline is made from oil, and oil is a gold mine – a gold mine that donates heavily to the Republican Party.

So far in the 2011-12 election cycle, the oil and gas lobby already has contributed $4.5 million to the GOP (compared to $670,000 to the Democratic Party).

Just as the oil and gas lobby has a role in the fuel-efficiency debate, so too does the insurance industry play a role in the disaster relief debate.

When the majority leader of the United States House of Representatives – of the "people's house" of Congress – told us, "the people," the masses and the voting public, that the federal government will provide disaster relief only after Congress agrees on another round of spending cuts, some thought it was career suicide.

In a statement to the press after a 5.8 magnitude earthquake hit Virginia on August 24, Virginia congressman and House Majority Leader Eric Cantor admitted that "the federal government does have a role in situations like this," but just how immediate or significant that response should be was up to him and the rest of the Republicans in Congress.

"[T]hose monies will be offset with appropriate savings or cost-cutting elsewhere," he said. 

When I first read this, it seemed like just one more example of anti-government right-wingers trying to tarnish the image of the U.S. government in the eyes of the American people by setting up another politically divisive, partisan and months-long congressional battle over budget issues that not only will postpone financial assistance to communities, but which also will perpetuate the idea that the federal government is incompetent, unhelpful and, in turn, unnecessary.

Since then, I've been reminded of what the Roman poet Phaedrus said: "Things are not always what they seem."

It was a less-publicized statement by Cantor that provided context to his seemingly callous, heartless, and politically motivated words:

"Obviously," he said, "the problem is that people in Virginia don't have earthquake insurance."

Earthquake insurance!

A quick perusal of OpenSecrets.org shows that Cantor's biggest contributor in the 2011-12 election cycle is... AN INSURANCE COMPANY!

The guy who's fighting to cut investments in fuel-efficient cars is not only the sixth biggest recipient of oil and gas contributions this election cycle, he's also the third largest recipient of insurance contributions.

I won't make any accusations – that's sinful – but I will make the observation that the leader of the majority party in "the people's house" of Congress is acting exactly like a pitchman for the insurance industry and a profiteer for oil companies.

It appears this disaster relief / fuel-efficiency budget cut issue isn't just about conservatives and their fiscal hawkishness. It's about money.

When you get to the Pearly Gates, ye Republicans, and St. Peter asks about how you fought so ardently to cut American investments in resource- and money-saving technologies, how you hypocritically dismissed the experts who warned that such actions would result in the very elimination of both jobs and MADE in AMERICA goods that you campaigned on in 2010, how you chose politics over the rebuilding of your own communities, and how you did all of this because your selfish ambition for campaign donations from corporate lobbyists blinded you from the suffering of those whose homes and businesses were ravaged by disasters, what will be your defense?

(Being as you're not keeping up on your Bible studies, I'll warn you not to lie. That's sinful, too.)

(Cross-posted at Muddy Politics.)

Tuesday, March 30, 2010

This was one cool cat ... RIP Donald Frey

By J. Thomas Duffy

For anyone, about 10-years-old, or older, in 1965, you couldn't escape drooling over, fantasizing about owning one, daydreaming of tooling around in the hippest, sharpest, coolest-looking automobile on the planet.

We speak, of course, about the Ford Mustang.



News came out yesterday, that the designer of the Mustang, Donald Frey, passed away.

Donald N. Frey, Designer of the Mustang, Dies at 86

Though much of the Mustang was borrowed from other Ford vehicles, including a Falcon chassis, the car developed an identity all its own for a younger generation in search of new looks and experiences. It was designed to appeal to both men and women, had a dash of elegance copied from European sports cars, and featured a galloping steed in the middle of its grille that buyers thought was, well, really cool.

Steve McQueen was almost upstaged by the souped-up Mustang he drove in the movie “Bullitt.’’

Dr. Frey and his team created the car in just 18 months, and expectations were modest when it was introduced on April 17, 1964, at the New York World’s Fair. Ford figured it would sell 80,000 Mustangs in its first year. It sold more than a million in its first two years.

[[snip]

At his death Dr. Frey owned an original Mustang, his son Christopher said, adding that he liked to drive it fast.




From the days that 'Madmen' would envy, Wikipedia offers;

At times besieged by autograph seekers for his role with the Mustang,[1] Frey had been most proud of assisting Ford in including safety improvements including disc brakes and radial tires in their lineup.[1] In 1967, TIME called Frey "Detroit’s sharpest idea man".[1]


Jonathon Ramsey, over on Autoblog, has more;

Frey, who was assistant general manager and and chief engineer of a Ford Motor Company still suffering dry heaves over the Edsel, said he watched GM put bucket seats in the Corvair and rename it Monza, and it began to pick up with customers. There was also the dinner table motivation of his kids telling him his cars stunk.

Frey's first take on the Mustang was a mid-engined convertible in 1962 which, while working with Ford General Manager Lee Iacocca, he would develop into the car introduced to the World's Fair in 1964. When the coupe predicted to sell 80,000 units a year actually sold a million-plus units in its first two years – and then sold and sold and sold – Frey became an American legend. The rest is not just history, it's the present and the future, with the Mustang certain to be a staple in the Ford portfolio for years to come.


All that, and then, what has to be the all-time greatest product placement in history;

Bullitt - Steve McQueen Famous Car Chase




RIP Donald Frey!



Bonus Auto Riffs

Retro Garlic: HuffPo Still Impacting Auto Industry

What's Good For Tesla Motors ...

Breaking News! GM Cancels UAW In Favor of Adopting Huffington Post Business Model ... Celebrities, Auto Enthusiasts and Bloggers To Build Cars For Free; Huge Spike In Profits Forecast

Obit - Avis Founder Pulls Off The Road at 92

Obituary: DeLorean Founder Dies at 80




(Cross Posted at The Garlic)

Friday, December 19, 2008

Bush, Big 3: Nope, you can't pin this on the 'little guy'

By LindaBeth

Friday Bush announced that some of the TARP funds intended for the financial industry will be used as a temporary lifeline to the Big 3 auto makers, after the Senate failed to pass the auto bailout bill last week.

From The New York Times:

The plan pumps $13.4 billion by mid-January into the companies from the fund that Congress authorized to rescue the financial industry. But the two companies have until March 31 to produce a plan for long-term profitability, including concessions from unions, creditors, suppliers and dealers. (emphasis mine)

The funding is on the condition that the union workers' wages be reduced to the level of non-unionized workers at foreign auto plants. Now I've written this before, but I'm going to say it again: there were no such stipulations given to the financial industry bailout. I'm not opposed to restrictions and conditions, but the white collar/blue collar double standard in juxtaposing the two bailouts is astounding.

For the financial bailout, no one insisted on increased regulations to ensure such abuse would not happen again, no one said that traders would need to take a commission cut, no one demanded that the financial industry take accountability and explain how this will not happen again. And it's not like this was the first time the government has stepped into the affairs of the financial sector, just like this hasn't been the first state funding given to the auto manufacturers.

What's also key here is who is required to "concede": unions, creditors, supplier, and auto dealers....hmmm, what's missing on this list? CEOs, perhaps? Why must the automakers be required become viable on the backs of the blue-collar workers who dare to earn the median income, vacation time, and health care! The average union wage is $29/hour (Factcheck.org debunks the $70/hour lie, and has a great analysis of the difference between wages earned and labor costs "per worker"). The average non-union, foreign auto maker worker makes about $24/hour, and they particpate in profit-sharing program. For example, in 2007,

Toyota Motor Corp. gave workers at its largest U.S. plant bonuses of $6,000 to $8,000, boosting the average pay at the Georgetown, KY, plant to the equivalent of $30 an hour. That compares with a $27 hourly average for UAW workers, most of whom did not receive profit-sharing checks last year.

Which means that domestic union workers and domestic plants for foreign carmakers are pretty comparable. But when times are tough, Bush is demanding that worker benefits and pay be cut, when CEOS are making ridiculous compensations despite their leadership failure. It is not the auto workers who aren't doing their jobs. Why don't we begin with making U.S. CEOs cut their pay down to what the foreign automakers earn? From USA Today:

Detroit automakers have focused on the gap between their hourly workers and those of the non-union foreign automakers in the USA. Union workers say the executive pay gap should be examined, as well.

[...]

Japanese companies are not required to break out salaries and bonuses for top executives. Instead, they lump them together. Last year, Toyota's top 37 executives earned a combined $21.6 million in salary and bonuses, according to filings with the Securities and Exchange Commission. U.K. firm Manifest Information Services, which analyzes proxy information, estimates Toyota's top executive, Hiroshi Okuda, earned $903,000 in 2006.

At Honda, the top 21 earned $11.1 million, combined, in salary and bonuses, SEC filings show.

"There is this huge gap between the average worker and the CEO, and the gap is greatest in the U.S.," Kim says. "That kind of thing might work where individual work counts the most, but in the manufacturing sector, it's all about teamwork."

This alongside the recent revelation that Bush included a one-line loophole to allow excessive executive pay in the financial bailout package. From The Washington Post:

But at the last minute, the Bush administration insisted on a one-sentence change to the provision, congressional aides said. The change stipulated that the penalty would apply only to firms that received bailout funds by selling troubled assets to the government in an auction, which was the way the Treasury Department had said it planned to use the money.

Now, however, the small change looks more like a giant loophole, according to lawmakers and legal experts. In a reversal, the Bush administration has not used auctions for any of the $335 billion committed so far from the rescue package, nor does it plan to use them in the future.

Or listen to Air America's The Daily Left report:



Even when Bush & Co. looks like he's being tough on CEOs as well, he has all his bases covered so he doesn't really have to be, and the brunt of the burden of blame can rest on the Evil unions.

Again, from FactCheck:

A final note on all this: Labor costs only account for about 10 percent of the cost of producing a vehicle. And it's not the cost of American cars that people complain about; they're already often thousands of dollars less than their Japanese counterparts.

American cars don't not sell because greedy union workers earn $4 more/hour base pay than non-union workers of foreign autos do; their health care and vacation time does not result in an equal quality, more expensive car than the Hondas and Toyotas of the world. There's clearly a problem with Detroit's business model, and the Big 3 have no one to blame but their leaders, who are getting paid a shitload for their companies' unprofitability. You can't pin this one on the little guy.

(Cross-posted to Speak Truth to Power)

Friday, December 12, 2008

Senate Republicans kill auto bridge-loan

By Creature

They really want to see the United States economy go under. And why? Because they hate unions. The enormity of this ideological blunder by Senate Republicans cannot be overstated. Overnight stocks have already tanked and the U.S. stock market is set to do the same. All eyes now look to George Bush to save the day. How fucked up is that?

Update: Ian Welsh thinks Obama can still twist a few arms. I'm not that hopeful.

(Cross-posted at State of the Day.)