Monday, April 6, 2009

Who is going to blink...and a dog named Sophie

- New GM Boss Softens Opposition to Bankruptcy

They in effect fired the GM CEO and now the new guy says. "Okay I'm not afraid of bankruptcy. If you don't play ball with me, I'll put the company into bankruptcy." If the government wanted that, we could have saved a few billion by not doing the bailout at all. Those bailouts lay right at this new administration's feet. It isn't going to look too cool for the administration if even after the bailout billions the company goes under. It's going to look bad to those unions, who have bet their existence on this administration.

So who do you think will blink. I expect the new plan will be just wonderful, even if it's the same one the last guy had. The last one was a roman firing. You know throw them to the lions to appease the masses kind of thing.

This ceo is has played the B card back at them. So let's see who blinks.


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Less I be accused of only bad news like the hacks, let me pay tribute to a dog named Sophie Tucker. She got washed overboard on a sailboat. She swam five of those silly nautical miles, then managed to survive on a deserted island for four months before the rangers account of a last dog made it to the papers. The owner happened to read that account and contacted the rangers. Yep it was the right dog no doubt about it.

So my hat is off to you Sophie. You survived some really bad shit without a bailout. Good girl

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