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Results 21 to 30 of 348

Thread: President Barack Obama Watch-The SECOND 100 Days 2009

  1. #21
    And I would have gotten away with it, too, if it hadn't been for those meddling kids and those vetters !




    Tim Geithner

    The Vetters


  2. #22
    A Modern Parable

    A Japanese company (Toyota) and an American company (Ford) decided to have a canoe race on the Missouri River. Both teams practiced long and hard to reach their peak performance before the race.

    On the big day, the Japanese won by a mile.

    The Americans, very discouraged and depressed, decided to investigate the reason for the shameful defeat. A management team made up of senior management was formed to investigate and recommend appropriate remedial actions.

    Their conclusion was the Japanese had eight people rowing and one person steering, while the American team had seven people steering and two people rowing.

    Feeling a deeper study was in order, the American management hired a consulting company and paid them a large amount of money for a second opinion.

    They advised, of course, that too many people were steering the boat, while not enough people were rowing.

    Not sure of how to utilize that information, but wanting to prevent another loss to the Japanese, the rowing team's management structure was totally reorganized to four steering supervisors, two area steering superintendents and one assistant steering superintendent.

    They also implemented a new performance system that would give the two people rowing the boat greater incentive to work harder. It was called the 'Rowing Team Quality First Program,' with meetings, dinners and lots of freebies for the rowers. There was discussion of getting new paddles, canoes and other equipment, extra vacation days for practices and bonuses. The pension program was trimmed to 'equal the competition' and some of the resultant savings were channeled into morale boosting programs, media ads, PR agents and teamwork posters.

    The next year the Japanese won by two miles.

    Humiliated, the American management laid-off one rower, halted development of a new canoe, sold all the paddles, and canceled all capital investments for new equipment. The money saved was distributed to the Senior Executives as bonuses for doing one helluva job!

    The next year, try as he might, the lone designated rower was unable to even finish the race (having no paddles) so he was laid off for unacceptable performance, all canoe equipment was sold and the next year's racing team was out-sourced.

    Sadly, the End.

    Here's something else to think about:

    Ford has spent the last thirty years moving its factories out of the US, claiming they can't make money paying American wages.

    Toyota has spent the last thirty years building more than a dozen plants inside the US.

    Before the recession:

    Toyota made billions in profits while Ford racked up billions in losses.

    Ford folks are still scratching their heads, and collecting bonuses...

    (IF THE ABOVE WEREN'T SO TRUE IT MIGHT BE FUNNY!)

  3. #23
    Guest
    <BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Rough Neighbor:Ford has spent the last thirty years moving its factories out of the US, claiming they can't make money paying American wages.
    (IF THE ABOVE WEREN'T SO TRUE IT MIGHT BE FUNNY!) </div></BLOCKQUOTE>

    If you were not so ignorant it would be funny too. Ford is governed by the UAW contracts for all workers in North America. Japanese companies are not; this is the greatest cost difference between cars manufactired in the US by domestic and foreign car companies. The UAW needs to be broken up in order for America to stay competitive. Or better yet, America should exit the auto industy completely.

  4. #24
    That's why there's a disclaimer at the end of the parable, SOM!

  5. #25
    Confirmed. It's funny and worth the effort of excerpting.

  6. #26
    <BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Rough Neighbor:
    A Modern Parable

    A Japanese company (Toyota) and an American company (Ford) decided to have a canoe race on the Missouri River. Both teams practiced long and hard to reach their peak performance before the race.

    On the big day, the Japanese won by a mile.

    The Americans, very discouraged and depressed, decided to investigate the reason for the shameful defeat. A management team made up of senior management was formed to investigate and recommend appropriate remedial actions.

    Their conclusion was the Japanese had eight people rowing and one person steering, while the American team had seven people steering and two people rowing.

    Feeling a deeper study was in order, the American management hired a consulting company and paid them a large amount of money for a second opinion.

    They advised, of course, that too many people were steering the boat, while not enough people were rowing.

    Not sure of how to utilize that information, but wanting to prevent another loss to the Japanese, the rowing team's management structure was totally reorganized to four steering supervisors, two area steering superintendents and one assistant steering superintendent.

    They also implemented a new performance system that would give the two people rowing the boat greater incentive to work harder. It was called the 'Rowing Team Quality First Program,' with meetings, dinners and lots of freebies for the rowers. There was discussion of getting new paddles, canoes and other equipment, extra vacation days for practices and bonuses. The pension program was trimmed to 'equal the competition' and some of the resultant savings were channeled into morale boosting programs, media ads, PR agents and teamwork posters.

    The next year the Japanese won by two miles.

    Humiliated, the American management laid-off one rower, halted development of a new canoe, sold all the paddles, and canceled all capital investments for new equipment. The money saved was distributed to the Senior Executives as bonuses for doing one helluva job!

    The next year, try as he might, the lone designated rower was unable to even finish the race (having no paddles) so he was laid off for unacceptable performance, all canoe equipment was sold and the next year's racing team was out-sourced.

    Sadly, the End.

    Here's something else to think about:

    Ford has spent the last thirty years moving its factories out of the US, claiming they can't make money paying American wages.

    Toyota has spent the last thirty years building more than a dozen plants inside the US.

    Before the recession:

    Toyota made billions in profits while Ford racked up billions in losses.

    Ford folks are still scratching their heads, and collecting bonuses...

    (IF THE ABOVE WEREN'T SO TRUE IT MIGHT BE FUNNY!) </div></BLOCKQUOTE>

    Actually, The Japanese team had more Stamina available Due to the lack of s E x ual Time available With their spouses. 12 hour days, 6 days a week at work. they had a 3rd oar!!! For they Did not have opportunity To give up some of that Stamina in the bedroom!! Japanese culture Nearing the end. Child Births far below Requirements To Maintain culture and Race! hey Buddy, at one time Their was a culture called Japanese. They worked long hours, Strived to be the Best, they failed To reproduce enough To be a part of The next generation! Just History. Imagine that buddy, It cost 6 dollars For a cup of coffee! . And only The very elite could experience a Hershey's Chocolate Bar!!!
    USC and Legal, Honest Immigrant Alike Must Fight Against Those That Deceive and Disrupt A Place Of Desirability! All Are Victims of Fraud, Both USC and Honest Immigrant Alike! The bad can and does make it more difficult for the good! Be careful who y

  7. #27
    Guest
    <BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by MakeItRight!:they had a 3rd oar!!! ! </div></BLOCKQUOTE>

    ROFLMAO !!!

    LOL LOL LOL

  8. #28
    <BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by 4now:
    And I would have gotten away with it, too, if it hadn't been for those meddling kids and those vetters !




    Tim Geithner

    The Vetters

    </div></BLOCKQUOTE>

    Ok. 4Now Buddy.
    We Really Need to Refrain from the Scooby doo!!! If My Mini Me Had Seen This??? that Would Have Been IT!!!!
    USC and Legal, Honest Immigrant Alike Must Fight Against Those That Deceive and Disrupt A Place Of Desirability! All Are Victims of Fraud, Both USC and Honest Immigrant Alike! The bad can and does make it more difficult for the good! Be careful who y

  9. #29
    <span class="ev_code_RED"> $200 million for contraception, and just how does that creates jobs. </span>

    Officials: Family planning money may be dropped

    By DAVID ESPO and ANDREW TAYLOR,

    WASHINGTON -House Democrats are likely to jettison family planning funds for the low-income from an $825 billion economic stimulus bill, officials said late Monday, following a personal appeal from President Barack Obama at a time the administration is courting Republican critics of the legislation.
    Several officials said a final decision was expected on Tuesday, coinciding with Obama's scheduled visit to the Capitol for separate meetings with House and Senate Republicans.
    The provision has emerged as a point of contention among Republicans, who criticize it as an example of wasteful spending that would neither create jobs nor otherwise improve the economy.
    Under the provision, states no longer would be required to obtain federal permission to offer family planning services including contraceptives under Medicaid, the health program for the low-income.
    Democrats considered the politically-potent change as congressional budget experts estimated it would take slightly longer for the overall legislation to achieve an impact on the economy than the administration projects.
    The Congressional Budget Office said the economy would feel the effects of almost two-thirds of the money over the next year and a half. The administration claims 75 percent of the funding would be absorbed in that period of time, and Obama has pledged that the bill he signs will meet that target and either save or create up to 4 million jobs.
    While the debate surrounding the overall impact of the measure pits economists and their statistics against one another, Republicans quickly seized on the family planning money as evidence that the Democrats were advancing an agenda that went beyond the economy.
    "How you can spend hundreds of millions of dollars on contraceptives how does that stimulate the economy?" House Republican Leader John Boehner, R-Ohio said on Friday after congressional leaders met with Obama at the White House. "You can go through a whole host of issues that have nothing to do with growing jobs in America and helping people keep their jobs."
    Several Democrats said Monday night that Obama had spoken personally with Rep. Henry Waxman, D-Calif., about removing the provision. Waxman is chairman of the committee with jurisdiction over Medicaid and a close ally of Speaker Nancy Pelosi, D-Calif.
    The Democrats who described the likely reversal did so on condition of anonymity, saying they were not authorized to disclose developments not yet made public.
    Obama's request to House Democrats underscores the administration's desire to signal a spirit of bipartisanship, a recurring theme for the president in his first week in office.
    Whether it also succeeds in gaining votes is unclear, particularly in the House, where the GOP leadership has advanced an alternative that consists almost exclusively of tax cuts. The only new spending in the Republican plan is to maintain the current system of up to 33 weeks in unemployment benefits for several additional months.
    By contrast, the White House-backed bill includes about $550 billion in spending and $250 billion in tax cuts.
    Much of the funding in the Democratic bill is ticketed for health care and education, as well as money to weatherize buildings and build highways and other transportation projects.
    A companion measure is making its way to the Senate floor for a vote next week, and congressional leaders have pledged to have legislation ready for Obama to sign by mid-February.
    White House Budget chief Peter Orszag said in an AP interview that he's confident that the more ambitious target can be met for getting money into circulation in the economy, especially with changes likely to be made in the bill before it reaches the White House.
    "With appropriate attention and proper management, you can both get the money out the door ... and still have well-selected projects," Orszag said.
    "I don't see how that's possible," said Sen. Thad Cochran of Mississippi, top Republican on the Senate Appropriations Committee. "They'll be just pouring money down on the ground if they achieve that goal."

  10. #30
    <span class="ev_code_RED">Well folks... he made it. UFB</span>


    Senate Confirms Geithner for Treasury

    By LAURIE KELLMAN, AP
    (Jan. 26) New York Federal Reserve Bank President Timothy Geithner won confirmation Monday as President Barack Obama's treasury secretary despite personal tax lapses that turned more than a third of the Senate against him. Obama immediately put him to work fixing an economy in "dangerous jeopardy."
    "We can't waste a day," Obama said, standing beside Geithner as he was sworn into office by Vice President Joe Biden.


    The Senate voted 60-34 to put Geithner in charge of the administration's economic team as it races to halt the worst financial slide in generations. The swearing-in followed less than an hour later, the administration seeking to emphasize that it was wasting no time in trying to address the financial crisis.

    Obama said there had been a "devastating loss in trust and confidence" in the U.S. economy.


    <span class="ev_code_RED">And putting a dishonest tax cheat in charge is going to restore our faith and confidence? GEt a grip Obama</span>

    In his remarks, Geithner said the new administration would work first to stabilize the financial system and get the economy growing again and then would move to reform the system.
    "We are at a point of maximum challenge for our economy and our country," Geithner said to a standing-room only audience in Treasury Department's ornate Cash Room. On hand were Federal Reserve Chairman Ben Bernanke and former Treasury Secretary Lawrence Summers, now director of Obama's National Economic Council.
    Referring to Geithner's tax problems, White House spokesman Robert Gibbs said Geithner had made amends he has paid the taxes and penalties and possessed the talent needed to steer the nation out of the crisis.


    Geithner, 47, served as undersecretary of the treasury for international affairs during the Clinton administration. As president of the New York Federal Reserve Bank, he's been a key player in the government's response to collapsing financial institutions and the housing and credit markets since last summer.
    The ambivalence dogging lawmakers was reflected in the fact that a third of the chamber voted against Geithner, in large part because of his failure to pay all his taxes on income received from the International Monetary Fund in 2001 and in three subsequent years.

    Ten Republicans overlooked that matter and voted for confirmation. One Republican, Sen. Arlen Specter of Pennsylvania, told reporters earlier in the day that he would vote yes, only to change his mind and vote no.

    Three Democrats and one independent voted against Geithner's confirmation, including Sen. Robert C. Byrd, D-W.Va., the longest-serving senator in history.
    "Had he not been nominated for treasury secretary, it's doubtful that he would have ever paid these taxes," Byrd said in a statement.
    For the prevailing majority, the real reason for Geithner's likely confirmation appears to be less a matter of bipartisan cooperation than political survival. Lawmakers of all stripes are eager to set the economy in the right direction long before voters judge their progress in the 2010 midterm elections.

    "People make mistakes and commit oversights," said Sen. Orrin Hatch, R-Utah. "Even the most intelligent and gifted two adjectives that certainly apply to Mr. Geithner make errors in their financial dealings."

    Even so, not everyone was convinced that the need for a speedy confirmation should trump concerns about the candidate. Sen. Susan Collins, R-Maine, didn't buy Geithner's contention that he skipped paying some taxes because he was confused by the complexities of the tax code.

    "They were described by the nominee himself as 'careless mistakes,'" Collins said in prepared remarks. "It has become clear to me that this is not merely a matter of complexity leading to mistakes, but of inexcusable negligence."

    Sen. Mike Enzi, R-Wyo., agreed and noted that his is one of the few voices of dissent.
    "Nominees for positions that do not oversee tax reporting and collection have been forced to withdraw their nomination for more minor offenses. They have been ridden out of town on a verbal rail," Enzi told the Senate. "The fact that we're in a global economic crisis is not a reason to overlook these errors."
    "The Senate," he scolded, "is not supposed to be a group of 'yes' men."


    It wasn't. Democratic Sen. Tom Harkin of Iowa lined up against the nominee, asking how someone of Geithner's "financial sophistication" could innocently not pay the taxes and then head up the agency that oversees the IRS.
    "How can Mr. Geithner speak with any credibility or authority?" Harkin said.


    Specter earlier in the day had told WHP radio in Harrisburg, Pa., that he planned to vote for confirmation, only to change his mind and vote no later in the evening.
    "I'm prepared to back Obama on this issue," Specter had said in the interview. "The economic situation is so tense right now and I don't want see us go back to square one and wait several weeks or longer for the process to bring in a new treasury secretary."
    The 10 Republicans who voted yes were Sens. Bob Corker of Tennessee, John Cornyn of Texas, Mike Crapo of Idaho, John Ensign of Nevada, Lindsey Graham of South Carolina, Judd Gregg of New Hampshire, Hatch of Utah, Richard Shelby of Alabama, Olympia Snowe of Maine and George Voinovich of Ohio.
    The Democrats voting no were Sens. Byrd, Russell Feingold of Wisconsin and Harkin of Iowa. Also voting no was Sen. Bernie Sanders, I-Vt., who caucuses with Democrats.
    Sens. Kit Bond, R-Mo., Sherrod Brown, D-Ohio, Edward M. Kennedy, D-Mass. and Ron Wyden, D-Ore., were absent. Senate seats representing Minnesota and New York are vacant.

    The Senate Finance Committee approved Geithner's confirmation in an 18-5 vote last week

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