Framing the Dialogue

Posts Tagged ‘bankruptcy’

Hey Arnold

Arnold Ahlert

Many times as I read an article I find a few sentences that capture the essence of the piece. In “Phrase-e-ology” I’ll post some thought followed by key phrases. As always I’ll have a link (in blue) to the original article.

I had this thought and included it in my My Country Tis of Me posting a few days ago.  I heard a talk show discussing this very thing I had mentioned about the Republicans giving Obama everything he wants thus pinning everything on him.  I know it sounds suicidal, but Mr. Arnold Ahlert posted the same thing, but in more detail and he did it two days before my post, though I hadn’t seen his until tonight.  Here are some key phrases and as always read the linked article…in two parts.

Funding Kerflufle

As TEA party, conservative (and even Andrew Cuomo) governors take swings at trying to prevent their states from bankruptcy all options to balance budgets are on the table. Unfortunately for many previously “favored” programs raising taxes in a crippled economy will not go over well with the voters and so axes are swinging toward their tax dollars or teat if you wish.

General Motor$

I was somewhat surprised to read that General Motors is planning to sell stock sometime in the near future a little over a year from its “bankruptcy.”  I used the parenthesis around bankruptcy because what the Obama Administration did for General Motors was not a typical bankruptcy.  Investors were not protected or given preference as was their right;

Ford Draws Short Straw

Henry-FordAbout 75 percent of the members of the United Auto Workers Union rejected a deal that would have given concessions to the Ford Motor Company.  The concessions were reported to be similar to those given to GM (Government Motors) and Chrysler after they received large sums of bailout money.  Ford Motor Company did not take government help and has emerged as the strongest of the “Big 3” American automakers.  Ford was the only U.S. automaker not to file bankruptcy…yet.