GM Sells Hummer to Chinese; Predict GM will be all Chinese

I couldn’t have been more right. I predicted on 1 June 2009, that GM would be sold to the Chinese and the second indicator just occurred. Headline reads: “GM to sell Hummer to Chinese company.” Here’s what AP had to say about the transaction.

General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand to a Chinese manufacturer, while also revealing that it has potential buyers for its Saturn and Saab brands.

GM has an agreement to sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China, said a person briefed on the deal.

The Detroit automaker announced Tuesday morning that it had a memorandum of understanding to sell the brand of rugged SUVs, but it didn’t identify the buyer. A formal announcement of the buyer was to be made Tuesday afternoon, said the person briefed on the deal. The person spoke on condition of anonymity because the details have not been made public.

This is just the finishing blows to US manufacturing. When the global elites are finished with us, we will have nothing, and what we had will be spread all across the third world so there will be in their minds  universal economic equality. But what we will get is neo-feudalism, meaning, back to the dark ages for us. We will return to a place and time that our ancestors fled.

This is what the “one party” of Washington and New York is bringing upon us. This is what Lord Obama said when there had to be a world economic sharing.

I am no fortune teller; all I am is a man with a little education and access to the internet. They tell it all; all we have to do is read what they say, and then the map appears before you.

Wait, the Amero is coming, along with the North American Union; just wait.

It’s all there my friends, the oligarchs are telling us their plan, you just have take the time and read about it, but it is truly there for you to see.

Ohio Democrats Might Be Right About Kasich

Well here we go, red flags are going up folks, and with a revelation I was not aware of in which Mr. Kasich was formerly employed by the infamous Lehman Brothers.  We owe it to ourselves and our state to go through this guy’s past with a fine tooth comb.

This from the Associated Press:

Kasich, who served in Congress for 18 years before taking a managing director’s job at former investment firm Lehman Brothers in New York City in 2001, said Gov. Ted Strickland had gone begging to the federal government for financial help instead of looking inward in trying to solve the state’s problems. …

Redfern also criticized Kasich for failing to reveal his salary and any bonuses he may have received at Lehman Brothers. …

In the race for governor, Ohioans have a choice between someone who was managing director at a Wall Street firm whose collapse led to our economic crisis and someone who has worked to turn our economy around, create jobs and invest in our future,” Ohio Democratic Party Chairman Chris Redfern said in a statement.

Well, I am not jumping on the Kasich band wagon. The track record for the Republicans is atrocious. I would advise any conservative bloggers out there looking for any sliver of light to wait and see; remember prudence is central to conservatism.

Right now I do not want a New Yorker or some Washingtonian to be my state chief executive. I want a 100 percent Buckeye, not some carpetbagger, to use an old term, that left Ohio long ago like so many of the political class, seeking profits from the taxpayers’ backs and under the table with special interests. Lehman Brothers are the lowest of the low and if Mr. Kasich was part of the financial debacle, which we know today started during the late 80s and early 90s, then we should have full disclosure and a vetting process.

The key word here is prudence my friends, prudence.

Update: Weapons of Mass Discussion has another red flag.  Mr. Kasich it’s about intergity.  Bloggers and citizens of Ohio, it’s about prudence and wisdom.

NCR to Depart Ohio Looking for Talent

There is a story making the wires this morning that radically characterizes Ohio’s economic situation. The Dayton based company NCR, National Cash Register, will move its headquarters to Georgia in the near future. The reason given by a company official is that they simply cannot find any talent in Ohio…wow!

So faced with this news, what does our socialist governor Ted Strickland do; well, to offer $31.1 million in incentives, whatever that means. And what does Kettering’s favorite absent son, Jon Husted, have to say about this, considering this is supposed his district after all;  well Husted says,

“‘We have on multiple occasions reached out to NCR in an attempt to identify ways to secure their jobs and grow and be successful in Ohio,’ Husted said Monday evening. ‘I am not willing to give up hope.’”

Well that’s a bona-fide statement from a true statesman…cough cough.

We have a multi-faceted problem demonstrated by the NCR’s move: First the talent they are talking about is not the dimwitted kids our university system pumps out, but the mobile professionals that live in geographic business clusters. Our Midwestern region was once an industrial cluster, but sadly through a multitude of reasons from unions, government’s over-regulations and taxes, to executive mismanagement, companies left this region, and in some case the US entirely, not that I’m telling you something you didn’t already know. But remember, when Strickland, and his hand puppet Fingerhut, float the malarkey about pumping more money into our university system as result of this loss, you’ll know he is full of crap.

It has nothing to do with our education. Actually, we do a fairly good job exporting educated people than we do importing them. And that goes for our primary and secondary schools, which are ranked 15th in the nation.  Yet this jack-ass Strickland has all the sheeple in the state thinking the problem is with our education. And of course the other jack-asses, Jon Husted and Bill Evans, quietly go along with Strickland because of their narcissism, but I digress…

Another point that must have had a major impact on NCR’s decision, which is taxation overhead from local, county and state governments. Certainly if NCR had lower overhead resulting from taxation, both applied to the company and their employees, chances are good they might have stayed. But without sitting in the boardroom it’s hard to tell, but I would be willing to make a bet on this assumption.

Now that leads to a question about Kettering’s favorite stray son and Ohio’s sorry business climate, which in case you have been sleeping through is between 45th and 48th in the country. So what has Mr. Husted done to fix the problem other than hope? Nothing, he actually furthered the problem along with many in the Ohio Republican Party so he could get to the next rung of the political class ladder; just like my resident moron Steve Austria.

So what is the bottom-line to fixing this problem; remove the state income tax, remove the regulatory impediments preventing business growth, lower business taxes significantly below our neighboring states and get it on par with the growth states in the south and west, eliminate government spending, and reduce the size of our city, county and state governments. This is the only way Ohio will be able to keep what little business this state has. No government hand out or tax abatement will work, only honest to goodness state fiscal discipline and responsibility will fix our massive problem.