Coming hot on the heels of speculation that some Jeep production may be moved to China comes a bombshell from a Bloomberg report. Fiat is now considering moving Chrysler and Jeep production to Italy.
According to the piece, “To counter the severe slump in European sales, (Fiat CEO Sergio) Marchionne is considering building Chrysler models in Italy, including Jeeps, for export to North America. The Italian government is evaluating tax rebates on export goods to help Fiat. Marchionne may announce details of his plan as soon as Oct. 30, the people said.”
So, let’s be real clear here, we are talking about vehicles that will be built in Italy and exported to America. The evidence is clear that Fiat is looking at ways to move production of vehicles from the US to elsewhere, whether it be China or Italy, costing American jobs. This is becoming indisputable, despite outcries from certain parties to the contrary.
Mitt Romney has rightfully criticized the Obama Administration for handing over Chrysler to the Italians and now leaving the fate of American workers in the hands of Fiat management. Fiat is not a healthy company and the auto industry is in as great a risk as ever. The insistence that all is well by those with political motivations does not mask the danger. More jobs are at risk of being lost and more taxpayer money may be lost as well.
Let’s face it, the auto bailouts were not well thought out. Perhaps General Motors’ CEO, Dan Akerson, said it best when he said, “The good thing about our bankruptcy is that it took only 39 days. The bad news is that bankruptcy took only 39 days. If we had been there longer, people would have asked these questions and looked at these things.”
The whole auto industry bailout process was rushed through with the wrong primary motivation of protecting the politically powerful UAW’s interests. The Obama Administration never considered that giving Chrysler to Fiat was not a great idea and could eventually hurt the same UAW workers it was trying to protect. Manufacturers like Chrysler and GM are at a competitive disadvantage due to UAW obligations that were not properly addressed in the bankruptcy process. The industry is more competitive than ever and the government does not seem to be the best innovators to lead the sector to real health. This truth is very likely to become more apparent when the political season ends.
What Makes Free Birth Control Expensive
Initially, when my local pharmacy informed me that the nine dollar co-pay on my birth control was now waived, I was surprised. When they went on to ask for my grocery card to give me gas points on the birth control I didn’t pay for, I was appalled. Free birth control and gas points sound picture-perfect, if you ignore the long term ripple effect.
Memorably, Milton Friedman said it best, “There is no such thing as a free lunch.” If insurance companies are mandated to provide free services at the pharmacy or doctor’s office, they have to bill the recipient later through higher premiums to compensate for the added expense. Sky-high premiums are already expected to take effect for many starting next year; the plan my family and I are on will see a dismal increase of 27 percent.
If you aren’t already seeing a frustrating shade of blue, there are also twenty new tax hikes on families and small businesses scheduled in 2013 and onward courtesy of Obamacare.
Simply put, through increased insurance premiums and taxes, I’ll be paying for my birth control and for those around me several times over when I could have paid a measly nine dollars a month. My budget will tighten because our government and the Sandra Flukes of the world refuse to heed a basic life principal: Nothing is free; no matter how many times the government mandates otherwise.
The Law of Unintended Consequences hits again!
Coal is enjoying a renaissance, with the highest consumption of the fuel since the late 1960s. The unexpected development threatens to put climate change targets out of reach – and much of the reason is the rise of a supposedly “green” fuel, natural gas.
The controversial use of shale gas in the US, where it now makes up a quarter of electricity generation, has brought down carbon emissions there – but the greenhouse gases have simply been exported elsewhere, meaning no net gain for the planet, research by the Guardian and other sources has found.
As gas power has replaced coal in the US, the excess coal has pushed down prices on world markets, sparking a bonanza for the high-carbon fuel. Last year, coal had its best year in more than four decades, according to the World Coal Association.
Please review the following chart. At the bottom, I have a suggestion for any Republican candidate, representative or pundit who is asked why they are “politicizing” Benghazi.
Continue reading HERE.
Last week USA Today ran a series on green energy. There was a lot of wading through the reeds in the paper’s thorough investigation. One reed was LEED, the Leadership in Energy and Environmental Design, a green building certification program that has been adopted by 13 federal agencies and most of the states.
Has LEED made a difference in saving energy? No. But it has been a boon for consultants and self-anointed green experts.
From USA Today:
LEED’s growth has been driven partly by the building council itself, a 13,000-member non-profit chiefly run by architects, builders and building suppliers. Many specialize in — and profit from — the type of design the council certifies and promotes. The council collects up to $35,000 in fees for each LEED certification.
The most popular LEED option — earned in 99.7% of the buildings — has no direct environmental benefit but generates millions of dollars for the building council by giving one point if a design team has a LEED expert. People become experts by passing a LEED course and paying $550 to $800 to a non-profit that the building council created in 2007.
The building council gets 5% of those fees — $3.3 million from 2008 through 2010, council tax records show. The council rewards the inclusion of LEED experts to encourage building designers to learn about LEED.
More than 90% of the buildings got points for using indoor paints, adhesives and flooring that aim to protect occupants’ health by emitting fewer contaminants. Widely used, the materials add little cost or effort and have no impact outside the building.
What else? Well, 26 percent of the LEED buildings are federally-owned–so you are paying for this largess and transfer of wealth to the hardly-impoverished consulting class.
Voter’s Pocket-Guide to Benghazigate
Read it all HERE.
Just a big thought here. Can you imagine the outrage coming from the media if the entire Benghazi episode happened while Bush or another republican was president? Yet the same media are doing their best to deflect any and all blame from obama to someone else (like republicans, the funny part). Yes, blaming republicans for making what happened a political item! Geesh.
Are you surprised that Vogue’s Anna Wintour is squeezing fashionistas to go all out for Obama? It makes sense, since the icy-eyed editrix knows style, and Obama certainly has a presidential style that’s all his own. After all, Obama is the only commander-in-chief to ever manipulate Americans into getting killed so that he can kill the Constitution.
We first saw Obama’s murderous stylings in Operation Fast and Furious, a brazenly criminal scheme in which he cuddled up to Mexican drug gangs, giving them thousands of state-of-the-art firearms. Obama’s narco-killer partners then obligingly used their new presents to murder U.S. Border Patrol Agent Brian Terry and ICE Agent Jaime Zapata, as well as hundreds of Mexican men, women and children.
The grieving parents of the four Americans just slaughtered in Libya might want to contact the parents of slain ICE Agent Jaime Zapata and get the name of their lawyer. Mary and Amador Zapata have filed a $25 million wrongful death suit against the U.S. government, claiming that Jaime Zapata informed his supervisors he had misgivings about the safety of his Mexican trip, but was ordered to go anyway. “All of these legitimate concerns were put aside… and agents Avila and Zapata were required to follow orders,” the lawyers wrote. Sources say Zapata was investigating Fast and Furious at the time of his murder.
Sound familiar? It should, because Obama has now refined his Fast and Furious killing techniques into the wildly successful butchery of Benghazi. Let’s review what we know. First, Obama denied repeated requests for more security from the increasingly desperate Libyan ambassador, Christopher Stevens. Second, he blithely skipped 60% of his intelligence briefings, including every single one in the critical week leading up to 9/11. (Just to be consistent, he also skipped his briefing on 9/12, the day after the murders of Ambassador Stevens and three other brave Americans.)
And, in a moment that will surely go down in American history, on 9/11/12, when terrorists launched their fatal attack on our Benghazi consulate, Obama denied any military support to the surrounded Americans, ensuring that they would die. As Tyrone Woods, Glenn Doherty, Sean Smith, and Ambassador Stevens engaged in a brutal seven-hour battle to the death, Obama abandoned them to waft off to a contented night’s sleep in his feather-soft presidential bed.
The next day, Obama awoke to the rousing news that his ambassador had been raped, killed, and dragged through the Libyan streets by a triumphant mob. With his Mission Accomplished, Obama celebrated by jetting off to Las Vegas, later yukking it up with David Letterman and partying with Jay-Z and Beyoncé.
“They refused to pull the trigger,” said Charles Woods, father of the murdered ex-Navy SEAL, Tyrone. “Those people who made the decision and who knew about the decision and lied about it are murderers of my son.”
The tragedy of brave heroes like Tyrone Woods, Glenn Doherty, Brian Terry, and Jaime Zapata is that they were doomed to serve under Barack Hussein Obama. And Obama’s signature style is to foment bloody anti-American chaos abroad that justifies ditching the Constitution at home.
It’s a constant irritant for aspiring tyrants like Obama that we Americans retain a certain fondness for the Constitution. The solution is to bully us out of it with vivid theatrics that lead to hysterical moral hectoring. So Fast and Furious became the prop to shame Americans into abandoning our Second Amendment right to bear arms. Always glad to help, Obama’s media operatives repeated his cynically contrived claim that “90 percent of the guns recovered in Mexico come from the United States, many from gun shops that lay in our shared border. So we have responsibilities as well.”
And now we get to Obama’s recent Libyan charade. Both he and Secretary of State Hillary Clinton immediately pretended to believe that the murderous 9/11 terrorist attacks on our Mideast embassies were caused by Americans’ excessive use of free speech. Everything had been lovingly prepared for such an eventuality. An obscure anti-Mohammed YouTube video by an unknown filmmaker had been pre-selected (and possibly doctored) to serve as scapegoat.
And so, as our Cairo embassy was assaulted by terrorists, Obama’s minions were primed to go: tweeting an apology to the homicidal mobs outside their doors that “The Embassy of the United States in Cairo condemns the continuing efforts by misguided individuals to hurt the religious feelings of Muslims.” Hillary followed through, using taxpayer funds to broadcast apologies for American free speech on Pakistani television, and Obama grandly materialized before the UN to proclaim the single strangest sentence ever uttered by an American president: “The future must not belong to those who slander the prophet of Islam.”
And, thus, with a midnight knock on his California door, the offending filmmaker was arrested and hustled into federal custody until after the election. Remember the first reports about his ethnic identity? We were told he was an “Israeli Jew” whose film was funded by “100 Jewish donors.” How marvelous it would have been for Obama if he could have successfully convinced us that brave Americans were killed because of incitement by rich Jews!
Alas for Obama, that particular story fell apart, but his attack on our First Amendment rights proceeded beautifully with the help of his celebrity acolytes. George Clooney handsomely pouted that freedom of speech was “unfortunate” because it allowed “idiots” such as the jailed filmmaker to speak. And Bette Midler tweeted her sincere hopes that the filmmaker would be “charged with murder.”