Posts Tagged ‘ford’

The Auto Industry Bail Out

January 29th, 2009

by LJ James

I ask what is going on here in the USA? I am not a financial genius and I could be wrong but this is the way I see it. First we bailed out the banks because they gave out too many bad loans. These people who are financial geniuses gave out loans to people who could not afford them, hoping things would get better and the people could pay their Bills. Basically what they did was gambling. Its like me going to Las Vegas betting over and over on red figuring it will come up eventually and when it never does and I lose all my Money. I then go and ask for all of it back plus more! The Banks who gave the Mortgages where given a bail out of around 600 Billion Dollars so they could stay in business. Now as I have read for around half of that the Government could have paid off all those bad loans and helped poor American Families keep their homes. If all the bad loans where paid then would not that take care of all the Banks problems? Instead they gave super rich bankers who mad bad choices lots of Money so they can continue to make the same decisions that failed before and live their incredible lives that most of us can only dream about.

Now we have the same thing going on with the Auto industry. I do not understand why we would bail them out. It seems to me that if you run a business and you fail, well then you fail. Aren’t these the same auto makers who over charge us for their cars? I can not believe none these manufactures can make a car that will last much longer and run on less gas or some other type of cheaper fuel. The Auto industry and the men who run it have been a major controlling factor in the world for many years. Aren’t these the same Auto Tycoons that we have heard stories about them keeping all the new smaller car companies from starting up or “buying up” any competitor who comes up with a better Motor Vehicle for over the last half century? The story of Tucker and his dream of making a better car for hard working Americans, Was that not a true Story?

If these Auto Companies where left to go out of Business many Americans who work at these Companies factories would lose their jobs. I do care and understand that it would be very hard on them. Right now is a tough time for all Americans. But I believe that before the dust could even settle from these companies collapse, We would have many small car manufactures starting up making much better cars at lower prices. These cars would last many years longer then the current ones we drive and I can only guess would run much further on a gallon of gas or some other cheaper fuel source. I would bet that fuel would be much better for the environment. Soon after with the huge super powerful big Three of the auto industry no longer in control and maybe crushing any small start up auto manufacturers, We would have hundreds of small car companies all across the Country and soon many more jobs for everyone along with much better automobiles to drive around in that burn cleaner fuels. Who knows maybe we could even get those dam flying cars we where all promised as Kids!

This is a hard time for this country. I think it is evident in the choices the American people have made as of recent, that we now know we can no longer have the same people in power making the same mistakes. These companies and the people that have been controlling this Country have lead us down this road. It looks to me that now that we have reached the end of the road and there is a cliff. Those that have been leading us are now asking us all to trust them and jump off that cliff and fill in the gap so they can walk over us and allow them to continue leading the way !

The idea of this country has always been if you can build a better Mouse trap you can become a Millionaire.What it looks like to me is these people did not allow any one else to build a better Mouse trap. Then they sold the only traps available making them so they would last only a short time, While charging a real high price for them. It has got to the point where the people can not afford to buy new Mouse traps when the old ones brake and have decided they will either try to fix the old ones or just live with the mice. They need their money for other things more important then new Mouse Traps. Now like in the case of the auto Companies they are asking the Government to give them the Money the people can no longer afford to spend on their products.

Now is not the Money they are asking to be given the hard earned Money the Government has taken from the same people in Taxes who can no longer afford to buy these products! These Companies are getting the hard earned Money of the American People who can no longer afford to buy these over priced Vehicles, That last a much shorter time then the ones made 50 years ago. Now our Government who has been over taxing us for years is thinking about giving away 15 Billion dollars of our money.

What charities and programs are we going to have to cut so these Auto tycoons who have houses all over the world, Their own private Jets and pretty much anything they have ever wanted continue to get richer? Will this money come from our Schools? What about the Hungry Children of the USA? What about all those people who are out of work and those that are going to lose their homes the banks are foreclosing on? I bet 15 Billion dollars could really help them out.

America is the land of dreams. It is the Country where a man can be poor one day and rich the next if he has a good idea. There is nothing that says if you have a great Idea and then you make a Mistake and lose everything the Government will bail you out! We are not helping the poor Auto factory workers here, They most likely will loose his jobs any way. We are only helping the Rich Auto Tycoons to be able to pay for all their many luxuries! Do I think our Government will bail them out? Well to that all I have to say is take a look at who funded many of today’s politicians campaign and then you will have your answer?

Again I am not a financial Genius and I may have this all wrong I am only Your Bro L.J. James AmericanBikerX.com

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St. Patrick School Car Show

January 28th, 2009

by LJ James

One of my Favorite parts of being a freelance writer is the Diversity of events I get to cover. On Sunday April 20Th 2008, One such Event was the St. Patrick School Car Show in Smithtown NY. When I arrived the host of the Event John Forlenza welcomed me in and thanked me for Covering the event.

One of the First things that caught my eye was the “Dukes of Hazzard” General Lee Replica Charger, I even got to sit in it Yee Haw!!! Then I was off walking around Checking everything out like the Kyle Petty and Dale Earnhardt Replica NASCAR’s, The 007 Lotus Esprit Submarine from the Movie “The Spy who Loved Me” ,The Billy Joel Motorcycle Collection presented by Light House H-D, Monster Trucks, Classic and Modern Cars and Hot-Rods, KITT from the TV show Knight Rider (KITT is a little Conceded in person as he wouldn’t even talk to me!!!) Herbie the Love Bug, The Batmobile and so much more!

I also Got to See “Elvis” perform a Couple of Songs Live! This event was planned out well for the Men who’s wives’ and Kids aren’t into Cars! To keep them busy while Dad walked around checking everything out the Wives and Kids in attendance got to enjoy the air Bouncer, air Slides, shows,Food and the many vendors On hand!

I got to meet and say Hi to the Men and Women of the Exceeding Limits Truck Club and I also got to meet New friends of mine Chris and Mike from Motormouth Radio, Check them out at motormouthradio.com .

For only $5 Admission per Adult and Children Free this was an Affordable day of fun the whole Family Could really enjoy!!! Keep an eye out for this event again next year and I’ll see you there!!!

Your Bro L.J. James AmericanBikerX.com Radio Show at BikerLowdown.com

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The American economy as viewed from a broad

November 15th, 2008

And that broad would be me. Every two weeks, the paper I used to write for publishes an all-sports tabloid that’s given out for free, and I deliver them to the stores and schools in my part of the county.

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The American economy as viewed from a broad

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