Comments on The Burd Report: The only conclusion that I can draw!

Ben said, "...he will never be able to live up to ...

2009-05-28T13:05:57.730-04:00

Ben said, "...he will never be able to live up to the expectations place upon him by a fawning electorate."

I think Obama lama ding dong had considerable influence in nourishing those expectations. "Change you can believe in." I guess he meant small change.

Exit Saint Obama, Enter Bush Lite, with apo...

2009-05-27T23:13:48.834-04:00

Exit Saint Obama, Enter Bush Lite, with apologies to Thomas Walkom in The Toronto Star here.

As to the substance of your remarks, Ben: I agree, but would add "bleating" to "fawning".

Is is Obama's fault that you are disappointed and ...

2009-05-27T21:49:29.457-04:00

Is is Obama's fault that you are disappointed and he has supporters who are unrealistic? Try to give him a break, some time on the job before your disappointment overwhelms your patience.
DJO

BB does not have hate on for BO, just a great sens...

2009-05-27T18:25:24.332-04:00

BB does not have hate on for BO, just a great sense of disappointment and the realisation that he will never be able to live up to the expectations place upon him by a fawning electorate. The only change to take place so far is the face of the prez.

I love his SC appointment!

For some unfathomable reason BB has had a hate-on ...

2009-05-27T16:16:13.366-04:00

For some unfathomable reason BB has had a hate-on for Obama for at least a year now. He can be depended upon to trash any and every move the new US President makes. This is just the latest.

If speculation's the game, have a look at my paran...

2009-05-27T16:13:10.137-04:00

If speculation's the game, have a look at my paranoia in a piece I published May 6 at m-schumann.blogspot.com - conspiracy theories will live forever because trust appears to be a thing of the past.

It is not BHers against the Union it is Obama et ...

2009-05-27T16:06:08.943-04:00

It is not BHers against the Union it is Obama et al against the union, crushing the union means a compliant and docile workforce willing to work for peanuts. The ruling classes have never been able to accept the fact that Labour can organise and effect change The BHers should have had pressure from Obama in the same proportion that the Union faced.

Is it the 'establishment' that hates unions? Or is...

2009-05-27T15:27:09.147-04:00

Is it the 'establishment' that hates unions? Or is it unions that hate the 'establishment'?

I don't really think there is any animosity involved. The friction is about cash, who gets what. Bondholders are loaning money on a contract that fixes a rate of return. That is not the case for shareholders. In the event of bankruptcy, bondholders get precedence before shareholders. Bondholders have no incentive to encourage bankruptcy because it would mean less money for them, and delayed money at that. What do they stand to gain in the current circumstances by busting the balls of a union?

The bondholders have always been the wild card in ...

2009-05-27T14:01:25.442-04:00

The bondholders have always been the wild card in this. I understand that their assets are unsecured which would mean to men that Obama could enact anything to make them come into line, including nationalisation. But the point is that the powers to be didn't hesitate to force the unions into untenable concessions but left the BHers alone? Why. Perhaps I am paranoid on this point but when the establishment hates unions is not an illogical conclusion.

Ben, that is a completely unwarranted and paranoid...

2009-05-27T13:37:34.929-04:00

Ben, that is a completely unwarranted and paranoid conclusion. Neither Obama nor Harper have any say over bond-holders and what they might do. I don't see why either would want GM to go bankrupt and further, I don't think the unions care one way or the other. Both the CAW and UAW made sure their recent agreements would work in the event of bankruptcy. It's probably better for them - more Government ownership and no ownership by bondholders would suit them better.