meandering thoughts on a saturday afternoon
i wrote so much during the presidential campaign that i seem to have run out of words and no other subjects interest me. the economy seems to be coming apart at the seams and washington runs hither and dither and thither and yon with nary a solution in sight.
they told us that unless the bailout was approved on that very day that civilization as we know it would end at sunset; that plagues and pestilence would overwhelm the land and all would be lost. so they passed it, all 770 billion of it and now they say that "well, our first plan was not the right plan and so we are going to do something else." paulson has released 290 billion but we don't know who got the money. we do know it wasn't us.
now they are talking about bailing out general motors because they create so many jobs. ford seems to be in a better position and i don't know about chrysler but they haven't been mentioned in the latest rumors. it seems to me that our auto companies have been married to the next quarter bottom line and have not thought about the future. they did not react to the success of the Asian car makers which came about by giving the people smaller, more fuel efficient, more reliable cars. while i would love to buy american, i have 3 honda's, a 91 civic, an 03 accord and a 07 element. the 91 is getting a little long in tooth but still runs like a top and with 500 dollars worth of work will run another ten years, the accord has 120,000 on it and i have never had a lick of trouble with it and the element is, for all purposes, brand new with less than 10k on it. when america makes a car as good as a honda i will buy it but so far i haven't seen one.
oh well. the shows here have been good and the crowds fairly large so comedy still is bringing them in. every club that i work is doing well and some of them are having record years. that fits in with the history of bad times....entertainment does well because people want a relief from the gloom and doom.
rhonda will always be gainfully employed (we hope) and so we should be able to get through the next couple of years okay until the economy comes back around...assuming that it does come back around and that the whole world doesn't just collapse under the weight of the capitalistic system gone amok. obama has his work cut out for him.
time to start getting ready for the shows. will be glad to get home and play some poker.
peace to us all.
they told us that unless the bailout was approved on that very day that civilization as we know it would end at sunset; that plagues and pestilence would overwhelm the land and all would be lost. so they passed it, all 770 billion of it and now they say that "well, our first plan was not the right plan and so we are going to do something else." paulson has released 290 billion but we don't know who got the money. we do know it wasn't us.
now they are talking about bailing out general motors because they create so many jobs. ford seems to be in a better position and i don't know about chrysler but they haven't been mentioned in the latest rumors. it seems to me that our auto companies have been married to the next quarter bottom line and have not thought about the future. they did not react to the success of the Asian car makers which came about by giving the people smaller, more fuel efficient, more reliable cars. while i would love to buy american, i have 3 honda's, a 91 civic, an 03 accord and a 07 element. the 91 is getting a little long in tooth but still runs like a top and with 500 dollars worth of work will run another ten years, the accord has 120,000 on it and i have never had a lick of trouble with it and the element is, for all purposes, brand new with less than 10k on it. when america makes a car as good as a honda i will buy it but so far i haven't seen one.
oh well. the shows here have been good and the crowds fairly large so comedy still is bringing them in. every club that i work is doing well and some of them are having record years. that fits in with the history of bad times....entertainment does well because people want a relief from the gloom and doom.
rhonda will always be gainfully employed (we hope) and so we should be able to get through the next couple of years okay until the economy comes back around...assuming that it does come back around and that the whole world doesn't just collapse under the weight of the capitalistic system gone amok. obama has his work cut out for him.
time to start getting ready for the shows. will be glad to get home and play some poker.
peace to us all.
posted by Ron Shock | 2:14 PM
1 Comments:
I agree with you completely about the quality of Hondas. I now own my second Honda and the only reason I am on number 2 is because the first one was damaged beyond repair in a car accident.
The big 3 are dinosaurs by their own design. They are the classic case of companies who stuck their heads in the sand and refused to change with the times. As a result the 40 % drop in sales they have experienced in 2008 may just be the knockout punch.
I am not a bailout fan at all; the question is how do we deal with the fallout of this. If the big 3 go under it will adversely affect 355,000 direct employees, 4.5 million employees of related industries and 1 million retirees/ spouses and their dependents. The impact would be horrendous even if we were'nt in a recession.
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