« | »

Why Obama ‘Bailed Out’ The Auto Makers

From his second autobiography, The Audacity Of Hope – Thoughts On Reclaiming The American Dream, pp 99-100:

Chapter Five – Opportunity

… So far, the Bush Administration’s energy policy has been focused on subsidies to big oil companies and expanded drilling—coupled with token investments in the development of alternative fuels. This approach might make economic sense if America harbored plentiful and untapped oil supplies that could meet its needs (and if oil companies weren’t experiencing record profits). But such supplies don’t exist. The United States has 3 percent of the world’s oil reserves. We use 25 percent of the world’s oil. We can’t drill our way out of the problem.

What we can do is create renewable, cleaner energy sources for the twenty-first century. Instead of subsidizing the oil industry, we should end every single tax break the industry currently receives and demand that 1 percent of the revenues from oil companies with over $1 billion in quarterly profits go toward financing alternative energy research and the necessary infrastructure. Not only would such a project pay huge economic, foreign policy, and environmental dividends—it could be the vehicle by which we train an entire new generation of American scientists and engineers and a source of new export industries and high-wage jobs…

Take the issue of fuel-efficiency standards. Had we steadily raised those standards over the past two decades, when gas was cheap, U.S. automakers might have invested in new, fuel-efficient models instead of gas-guzzling SUVs—making them more competitive as gas prices rose. Instead, we’re seeing Japanese competitors run circles around Detroit. Toyota plans to sell one hundred thousand of their popular Priuses in 2006, while GM’s hybrid won’t even hit the market until 2007. And we can expect companies like Toyota to outcompete U.S automakers in the burgeoning Chinese market since China already has higher fuel-efficiency standards than we do.

The bottom line is that fuel-efficient cars and alternative fuels like E85, a fuel formulated with 85 percent ethanol, represent the future of the auto industry. It is a future American car companies can attain if we start making some tough choices now. For years U.S. automakers and the UAW have resisted higher fuel-efficiency standards because retooling costs money, and Detroit is already struggling under huge retiree health-care costs and stiff competition. So during my first year in the Senate I proposed legislation I called "Health Care for Hybrids." The bill makes a deal with U.S. automakers: In exchange for federal financial assistance in meeting the health-care costs of retired autoworkers, the Big Three would reinvest these savings into developing more fuel-efficient vehicles

This was written back in 2006.

And, lest we forget, the auto bailouts were largely Mr. Obama’s idea in the first place.

Everything else has been a charade.

This article was posted by Steve Gilbert on Thursday, June 25th, 2009. Comments are currently closed.

23 Responses to “Why Obama ‘Bailed Out’ The Auto Makers”

  1. Liberals Demise

    Universal Health Care for the auto industry?
    Oh …..I see! It all makes perfect sense to me now!! (sarc)

  2. proreason

    The fool will someday be recognized as certifiably insane.

    • tranquil.night

      PR you linked that article from the American Thinker on the economic report thread but I thought it applied here as well. Firstly, while Obama wrote what seems to be a blueprint for the auto bailout it probably wasn’t his idea. TARP was crafted by and for Goldman Sachs, which had been tarnishing GMs stock all year with the most fatalistic outlooks. Goldman Sachs’ report on GM is where the first number of $22 billion from TARP was determined to be needed for the ailing auto maker to survive. It obviously failed by plan.

      As the thinker pointed out, gas had an important role to play in this. It was the trigger for the domino effect and continues to be the conduit for the spiral. Had the democrats allowed us to access the oil reserves that O’blah-blah writes we don’t have, we may have achieved a modicum of energy independence. However, since they didn’t, it allowed Saudi Arabia and friends of the left to control prices and join in on this little master plan to tip the scales of our fragile economy. I’m still researching how exactly they got control of oil prices like that

    • proreason

      t.n: I noticed your posts earlier about Sachs. They seem to be acting as the financial arm of the Moron’s Cabal.

      And oil, of course, is key.

      Sadly, we have enough for several centuries…..offshore and in oil shale. It does require some improved technology to keep the price reasonable, but that technology is far closer to realization than the wet-dreams about wind and solar technology.

      And to tie the bow, merely drilling and investing a billion or two in shale extraction technology would have saved the auto industry in a flash.

      But it has never been about saving anything, has it? It’s about power and punishing Obamy’s perceived enemies…..us.

    • pdsand

      They sure made a boatload of cash betting on oil futures last year. And I know their “investment analysis” arm or whatever raised a lot of eyebrows because they kept forecasting $200, $250 a barrel oil, all the while the investment arm was investing heavily, billions, and something like 10% of the oil futures market.

    • neocon mom

      “The fool will someday be recognized as certifiably insane.”

      He is the fool that liberalism built. Hopefully by the time he’s through he’ll have discredited statism as much as Hitler’s legacy destroyed any shred of national pride held by Germans.

  3. Reality Bytes

    The Audacity of This Dope!

  4. pdsand

    “Instead of subsidizing the oil industry, we should end every single tax break the industry currently receives and demand that 1 percent of the revenues from oil companies with over $1 billion in quarterly profits go toward financing alternative energy research and the necessary infrastructure”

    1 percent of the revenues? Obviously it’s meant to appear as a mere pittance and an imminently reasonable demand, but I personally cannot fathom what a large amount of money that would be, and I’m sure it would well exceed their profits.

    • BigOil

      Profits for the oil industry are generally just under 10% of revenues. Therefore, his 1% tax is actually a 10% tax on profits.

      This tax will result in less oil production – which is his ultimate goal.

  5. canary

    I didn’t know Hillary broke her elbow. She didn’t get to meet with Angelina Jolie, but did meet have meeting with Israel leader, agitating him, meddling in our friends business. Now she’s going to have surgery on what is said to be a very small fracture. Now are we sure that’s necessary. tsk tsk.

  6. Wamp

    PR,

    You wrote, “But it has never been about saving anything, has it? It’s about power and punishing Obamy’s perceived enemies…..us.”

    While I would say that you are correct with the ‘power’ issue as being number one, I have been thinking that ‘it” is more about the following (perhaps just fleshing out what you say more succintly?): Obama is rushing to push through, as seen in the stimulus package, as fast as he can, before they can be thoughtfully scrutinized and explored, populist fixes that he can then claim as monumental (and they are, on the face of it) gov’t solutions to age-old problems, all of which are directly credited to him, and to be used and bankrolled as political capital, SO he can then marginalize us, as you said, ensuring a legacy that sets the tone for generations to come (when/where does he build his Nurnberg?), and so that he can then rape and pillage this nation, and perhaps the constitution, to ensure we are powerless to do anything but PAY PAY PAY, for he and his elitist cabal to rule and reap all the lucre their bottomless egos can ingest.

    Slam the big stuff through fast and unchecked, and then easily withstand the furor he knows is inevitable when the stuff hits the fan, and he and the tax-evading, power-whoring, corrupt sidekicks are financially and legally impregnable “smilin’ and wavin’…settin there, on that sack of seeds.” (Jim Stafford, ‘Wildwood Weed’)

    • proreason

      Wamp. I agree with all that.

      The only element missing from your thoughts is the revenge angle, which a number of commentators, including Rush, believe is a big part of what The Moron is doing.

      My spin on it is that he was abandoned by his father, abandoned by his mother, disliked by the grandparents who were forced to raise him, caught between races, caught between religions, and caught between cultures.

      He’s as pissed off as a human being can be, with some justification.

      But he has channeled that anger and taken advantage of his assets, which are mainly the things he is pissed off about (multi-racial, multi-cultural, angry liberal), and hit the ultimate jackpot.

      Now he wants revenge. That’s why he is so sanguine while the economy is swirling into the depths, and why he refuses to compromise the ultra-fringe-looney agenda he hid from his inane upporters to get elected.

      Not only doesn’t he care who is hurt (i.e., achievers who have worked hard to succeed, seniors who deserve good medical care, middle class white people with families to raise, black families who need role models rather than handouts, etc., etc.), he RELISHES the opportunity to punish us for the “sins” of forefathers who weren’t nice to people who were the same color as his father (ignoring, of course, the fact that his father’s ancestors never suffered those indignities.)

    • Rusty Shackleford

      Pro,

      Another fair and accurate assessment of Blammo. Anger is an odd animal and throughout history has been used for many things. Some say it was the source of Napoleon’s greatness.

      Sure, the guy has plenty to be sore about, but don’t we all? Isn’t it called “life” that allows one kid with talent to be the star of the football team while the other has a broken ankle and has to sit out when the college scouts come looking?

      And I agree that that’s where his “agenda” stems from. It’s not really a plan so much as it is a case of acting out. A political tantrum. He’s “showing us” that “we can’t diss him and get away with it”.

      There was another such angry politician, as we know, in 1933 who at first used the legal method to vent his anger, and then resorted to “other means” and I wonder if this “president” has the same amount of rage. Personally, I happen to think he’s not mentally well due to that rage. It is a most blinding form of condition.

      So far we’ve only had glimpses of it and this guy strikes me as the non-confrontational, passive-aggressive type who pulls a stunt that you can never be sure if he did it, but he’s there, in the shadows, lurking and laughing at someone else’s pain; Revenge in his eyes for some injustice, real or imagined.

      That’s why he studied law, with his whole thrust being how to get back at people. Not that he’s the first to ever do that, of course, but the first to become a president with such a vast locker of resources to manipulate the system into a downward spiral that he neither cares about nor wants to help. His money is secure, and that’s my ultimate point.

      To find his real personality, as with many things, follow the money. See where he spends it and where he gets it from. As a side note, I think it is despicable that he moonlights and writes books and makes multimillion dollar deals while in office. It’s also an indicator of his “me-ism”.

      I don’t think, for one minute, that he wouldn’t throw his own family under the bus if he felt they were a liability. Lucky for them the news media is willing to further his image by doting on them. I actually think he really doesn’t like them. Most people that angry don’t like those who are supposed to be closest to them because they can see their weaknesses and lay them bare.

      You’re right, Pro….so very, very right.

      And if WE can see the angry little boy that he is, I wonder what the real mental health experts can observe and tell us. I would love for even O’Reilly to have an expert, or several, tell us if only to confirm our suspicions.

  7. neocon mom

    Wow. Pandering to big labor, senior citizens and corn producers (ie Iowa, pre-election season) while demonizing industry and Republicans. In just a few paragraphs. I give him credit for making ill-conceived policies sound appealing to many different demographics.
    The trouble for Obama is that at some point all of those groups are going to want to see returns. (He didn’t do well by the seniors this week when he suggested that it might be wiser for grandma to seek palliative care instead of that pacemaker.)

  8. Rusty Shackleford

    “The bottom line is that fuel-efficient cars and alternative fuels like E85, a fuel formulated with 85 percent ethanol, represent the future of the auto industry.”

    Here, Blammo displays his overwhelming ignorance of basic science. Years ago, when the ethanol thing was becoming a fashionable topic of conversation, I quickly did some mental math and realized that there just isn’t enough real estate, let alone MONEY to attain this type of “auto industry future”.

    See: http://healthandenergy.com/ethanol.htm

    “David Pimental, a leading Cornell University agricultural expert, has calculated that powering the average U.S. automobile for one year on ethanol (blended with gasoline) derived from corn would require 11 acres of farmland, the same space needed to grow a year’s supply of food for seven people. ”

    IN this article, David clearly spells out that we would simply be burning our food supply in our cars. To that, I’m sure barry has some slick, smarmy dull-witted “answer” but the bottom line is ethanol is unsustainable.

    As to his efficiency standards, though I see that GM etc hasn’t been producing the most efficient vehicles these days, what the idiot fails to realize, again, that this is not 1970 where 98% of all the vehicles on the road in the US, are US made. Foreign cars, usually of much higher MPG ratings are all over our roads now. In fact, Toyota out-sold Ford in 2008, I believe in the US. And, if it already hasn’t happened, Toyota is poised to become the largest automaker in the world.

    Now, add to the mix, Hyundai, Honda, Subaru, Kia, and many other manufacturers whose MPG numbers are quite a bit higher than the US big three. And you have to count the number sold in the US and do a percentage analysis. That is to say, how many are on the US roads vs how many are US made and thus come up with an ACCURATE accounting of their output.

    *As a side note, some states have “smog sniffers” stationed at “strategic locations” throughout their highway systems. Once they realized that since virtually all cars on the highways have electronic ignition, etc, it is unlikely that any given vehicle will be putting out much higher emissions than is considered “acceptable”. Just as in Phoenix, where I used to live, the failure rate for emissions testing is quite low, thus indicating to me that the long lines, fees, annoyance factor is just another government boondoggle to get money. The citizen MUST pay at the smog check station….in CASH only. While sitting in line, I often notice that in a two hour period or more, NO cars fail in front of me……or maybe one. So extrapolating out, the percentage of cars that emit too much is very, very low.

    Government waste.

    Now, add to that, an ETHANOL burning car puts out up to 30% more CO2 than a gasoline car. How does this mesh with the new carbon tax? Well, on the face of it, it becomes glaringly obvious to even the most causal observer.

    But, this “flex fuel” bullshit is just that. What the end result is, is that internal combustion engines, designed to burn gasoline, just don’t like ethanol. Plus it decreases mileage by a high percentage. My fuel-hog of a pickup, in top mechanical condition, gets 16-17 mpg on gasoline. On gas mixed with ethanol….13 mpg. Yup, I noticed it right away.

    And, on cost alone, as outlined by Mr Pimental, it is already over a buck a gallon before it’s even harvested.

    Yeah, ethanol is a great idea….not.

    But, finally we get to the fundamental problem. Liberals are generally NOT scientists. The two are almost virtually mutually exclusive for in order to be a scientist worth your mettle, you have to have learned critical thinking. Therefore, the ability to be objective in your observations and draw the correct conclusions. I remember 8th grade science and the lecture we got on how to observe change, note the change and ask why the change took place. However, also noting that many of my “peers” were emotionally driven and science was “boring”.

    In a microcosm, that explains a lot. Few go into science because it’s “boring” but that boring science and math gave us digital technology, which gave us not only GPS, but cellphones, home computers, and virtually every major new hi-tech device in the past 20 years or longer.

    Meanwhile, as more American students prefer “soft” degrees like political science or “human studies”, whatever the f*** THAT is, our edge in technology loses more and more ground.

    So, when you put it all together, you have a lack of understanding of the science of biofuels, its effect on the environment, its cost and the ultimate, logical conclusion that it is too expensive but even before that, it’s geographically unsustainable. There just isn’t enough real-estate to grow the raw materials…and even if there was, the cost is so prohibitive as to make it ridiculously impractical.

    Now combine that with a mass populace that has always been in the commercially emotional stimulus zone…that sound-bite world again…where nobody’s a loser, everybody gets to play, no score kept and also…whitey=bad, big business=bad, republicans=bad etc, etc and you have a formula for being able to make the monumentally stupidest of things sound rational.

    But to me, it’s no different than the day I had the conversation with a first year engineering student at a major aviation university tell me “I can feel the cold radiating off the wall”. I could not….not for one minute…explain to him that cold doesn’t radiate. He also didn’t believe that ice evaporates without melting. A first year engineering student…and his ignorance wasn’t unique. But it gets to the root of the problem.

    There used to be “teachable moments” and younger folks would listen to the explanation but now, instead of being the typical know-it-all who needs a lesson…they are the typical know-it-all’s who refuse to recognize the truth. Admittedly, many go through such programs and do fine. But that one student gave me an indicator of how it’s unfashionable to go against the grain of conventional thinking and entertain that they might be wrong.

    Thus, a society, coddled in the comfort zone of never having to fail, never grows.

    And it is the source of much of our problems today. Inability to anticipate, inability to grasp reality and refusal to admit failure.

    More simply put: “prior planning prevents piss-poor performance”.

    So instead we have “experts” who are no more expert than I am, who are more inclined to find “results” that please them and meet the agenda rather than approach things with a skeptical bent. Additionally, for the “scientists” who support the “climate change” BS….well, it’s quite simple. Thier very existence depends on funding. And much of that is federal funding..so it’s simple survival…but our lapdog media will not do any real investigative reporting to find this out and if they did, they wouldn’t tell the public about it.

    So where we sit is basically wallowing in our own ignorance. Many mechanisms had to happen for that to occur. Our overly liberal education system, permissive parenting, lack of challenging the child both in and outside the home, and we have reached the pinnacle of what such a mindset can bring us. A federal government that, as far as I can see, is so well-versed at lying that it’s completely ignored, blatant crooks, cheats and categorically inept leadership; A national press that sees no wrong since it fits with their own mindset and a huge segment of the general populace that thinks hope and change are real, tangible things because their earliest education encouraged them to “feel good about themselves” thus they naturally gravitate to the non-critical words.

    The words that make them feel good.

  9. retire05

    Rusty, this is all pie-in-the-sky logic. There is no answer to “clean” energy today. When clean energy becomes cost effective, it will be because the market developes it, not the government forcing it on us.

    What a shock will be felt in D.C. when the tin earred elites realize that they have killed millions of America jobs only to watch China and India take those jobs and increase their carbon pollution to the earth. How many coal fired plants is China building every year?

    China realizes that workers wearing masks do not riot. But workers, not wearing masks but with no jobs, do.

  10. joeblough

    Go here and read this:

    American Thinker: Obama, the African Colonial By L.E. Ikenga
    http://www.americanthinker.com.....onial.html

    Essential reading for anybody that is trying to understand that character in the oval office.

  11. Rusty Shackleford

    Yes. Yes it is. I guess more to my point is that if I, who I consider only “adequately” educated, can see all this, why is it so hard for Joe Bag-o-donuts to see it? Drawing a cynical, but possibly loical conclusion, yes, as a society we are that ignorant; We ARE that unaware; We ARE that gullible.

    D’ja very feel like the only sane man in an insane world? Like all the village is laughing at you while you build an ark?

    Only in this case, “I told ya so” will fall on largely deaf ears….for when, as YOU say, it all falls into the crapper, good ol’ Brian Williams and Catie Obama will be saying “In an unanticipated change of events…” or some such.

    In my young life, I have tried to nail it down to a single common denominator as to why logical, practical, well-thought-out arguments don’t work and I’ve looked at how we’ve programed ourselves through television, through the way media is presented, through how we interact with one another and it comes down to lack of critical thinking.

    I was fortunate to know a great many of my ancestors who were born ranging from 1899 to 1917. Their uptake, were they alive today, would be stark disbelief. Even if they were democrats, they would be in utter befuddlement over this government. Many of said ancestors were immigrants from the UK. I remember while in school, I was lamenting having to learn the words to an important originating document such as the Declaration of Independence, or Bill Of Rights, etc. I only had to learn one paragraph and was hating the assignment. My grandad, in his 70’s at the time who emigrated from England, rattled off the preamble to the Declaration of Independence in quick fashion. I stood there dumbfounded. He had to learn it when in immigrant school in order to get his citizenship. He learned it in the 20’s and never forgot it. He sat there smiling.

    I did the assignment.

    Kids are not required to learn such things anymore. And critical thinking has vanished from both school and home.

    We seem to be a nation of jello-ridden emotion-ites.

    Thanks to my being exposed to my elders, and evaluating it often against my school system, which in the 70’s was still pretty conservative, the two worked well together. But when I substitute taught in the 90’s….I was shocked at how much damage had been done. Eye-opening to say the least.

    Pie-in-the-sky or not, there just doesn’t seem to be enough highly qualified experts to put the myth to sleep. So we head down this flowery path singing tra-la-la not realizing that at the end is a giant spider that will eat us.

    And when it does…the blame will rest squarely on the democrats. But at what cost? We all have to take a drive with these fools because it’s the only ride in town? I have chosen to walk but the current, as we all can see here, is taking us with it.

    The Japanese must be looking at us shaking their heads saying, “Uh oh….that once great nation has too many idiots running the show”.

    And we don’t learn about how nations become great….which is by educating the masses so they can accomplish remarkable things. Even in our own case. How was it we went to the Moon? Certainly not with the college grads we have now. Excellence was expected then…now…mediocrity is simply okie-dokie with everyone.

    *sigh*

    I am so sad that even a puppy couldn’t cheer me up.

    • jobeth

      Rusty, other than the fact that nearly all my ancestors have been traced back to before the REV I could have written what you just did. My ancestry has left a mark of patriotism on me that is very deep and hurts horribly as I look at what we have now.

      Like yours, my parents were democrats…and union members. But back in the years when the democrats were of a whole ‘nother mindset. And when unions were actually LOCAL. To fight unfair unsafe conditions and not national where a union local on the east coast gets a pimple on their butt the entire nation goes down. Not to continually kill the profit of a company. (Workers are entitled to the agreed upon wage…not part of the profits)

      Thanks for writing this. I am also beside myself with anger, and grief…yep…grief. It’s like watching a loved one self inflict life threatening wounds on them-self.

      My poor British husband came here in 1999 ready for a non socialized way of life. Cruel joke isn’t it.

    • neocon mom

      Rusty,
      Conservatism is sometimes a slow-growing seed. That’s because it grows deep roots before sprouting up through the soil.

      I remember my 9th grade civics teacher (Mr. Kenneth Brown) posing a question to me about Social Security; why should his father work hard all of his life, pay into the system and not even get back what was put in? His ultimate point was that such a scheme actually punishes hard work. I was loath to admit what a good point it was; I had no response. But I grew up in a yellow dog Democrat household.

      Then came college. I’d decided to attend one of the most liberal colleges in the nation. I hated it, the sanctimony, the weirdness, the hatred for America and the love of Marxism. I was still very much cynical, but opted for a vocational education instead.

      I could go on about learning about life through experience; on the job and in my personal life. One by one the liberal sacred cows were slaughtered. The seed planted in 9th grade took root and sprouted and is incredibly hearty.

      The truth is more powerful than liberalism and has an uncanny way of always shining through. People at some point willfully deceive themselves.

  12. proreason

    “why is it so hard for Joe Bag-o-donuts to see it?”

    emotion trumps reason

  13. joeblough

    In point of fact, America has been importing European philosophy and European culture for a very long time now.

    And I am not talking about ancient 100-greatest-books type guys, I am talking about the last two centuries of weirdo intellectual crackpots and mental poison-peddlers — starting from Rousseau and Kant, of course, but going on to Hegel, Marx, Freud and all the other hoity-toity idiots that brought European culture to a crashing halt in WWII.

    It goes back to our first 100, indeed our first 50 years.

    The ordinary people who made it in America (apart from and after the founders themselves) were practical minded spirits who had no time to waste on what they saw as airy ineffectual mental masturbation peddled under the name of philosophy. They had been soured on the grossly unrealistic aspects of European mental life and had been set free here to create a world of decency and hope for ordinary people.

    The down side was that it gave many of them a somewhat anti-intellectual, anti-high-culture outlook — but tainted with a faint sense of guilt.

    There’s no denying that the pioneering environment was as brilliant as it was rough and often coarse. And yet it left many of them feeling a little guilty, a little inferior toward the culture and traditions of the old country — and that discomfort set a certain tone, a certain predisposition toward things European.

    Worse yet, I don’t think it was deeply enough appreciated by enough people that America desperately needed to found its own high culture, rooted in the intellectual streams that had fed into the making of the revolution and the constitution.

    Nor do I think that the warnings issued by de Toqueville have ever been taken seriously enough by enough people as the clarion call to action that they should have been.

    That left the field empty to be taken over by middle-brow types who could do no better than to import used European crap.

    Second generation elites with time on their hands certainly didn’t know any better, and lacked the clarity and acumen of their industrialist and agrarian forebears. They actually financed the filling of the American universities with Euro-trash and Euro-trash ideas.

    Who do you think was teaching at the colleges attended by the “Progressives” of the Wilson era (the intellectual antecedents of today’s Chomsky-rotted intellectual defectives) who other than imported European middle-brows and their fans?

    Not that America hasn’t produced brilliant intellects of its own. But it did not produce distinctively American schools of thought, informed by our worldly success, our unique individualism, our cold appreciation of factual reality and our originally sunny view of the possibilities of life. Schools of thought, moreover, that should have been promoted and preserved by the very universities that today are cesspools of toxic mental rot.

    THERE IS A TRICKLE DOWN EFFECT!

    By the time the soviet commies got here with their programs of subversion, the American popular mind had already been weakened by generations of intellectuals brought up on a diet of European mind rot. It was fertile ground for them and they must have been astounded by the degree and speed of their success.

    Walk down most American streets today and say “From each according to his abilities and to each according to his needs” and you’ll just get nodding heads and approving glances.

    Walk into any American philosophy class and announce that there is no way that the human mind can know the absolute truth about reality and that society is the ultimate arbiter of what is good and what is true and you’ll get an A in the course.

    Even Eugene Weber, the historian, announced in “The Western Tradition” lecture tapes, that he thinks we may be coming into one of those periods in which reason and rationality may be going out of fashion.

    Irreversible? Perhaps not. And it certainly would be fitting for Americans to turn the tide.

    But it’s going to take a lot of inventiveness, and what used to be called American go-getter spirit, know-how and stick-to-itivenes to pull it off.

    It’s not a sure thing.

    • proreason

      Great post, joeblouogh.

      “Not that America hasn’t produced brilliant intellects of its own. ”

      Instead, American culture produced Eli Whitney, Thomas Edison, Alexander Graham Bell, the Wright Brothers, Henry Ford, William Boeing, Steve Jobs and Wazniak, Jonas Salk, and untold numbers of lesser known entrepreneurial geniuses who actually invented and built life-changing products instead of mentally jacking off.

      And by the way, don’t discount the intellectual brilliance of the Founding Fathers (almost all of whom also had to make a living). History has proven that they tower over any intellectuals of any era.




« Front Page | To Top
« | »