Friday, September 2, 2011

America Sings the Blues…Go Gibson Go!

Wow, yet another news laden week! Two major private sector business stories became breaking news and both on the same day to boot. Not good news for Obama or his upcoming jobs speech to Congress.


First let’s discuss the iconic Gibson guitar company. OMG came to mind when I listened intently yesterday to the interview between Gibson CEO Henry Juszkiewicz and Glenn Beck. The guitar executive’s explanation of how U.S. federal agents bluntly informed company officers that they’d be better off shipping their manufacturing labor overseas produced in me an eerie feeling of doomsday foreshadowing. And then it got better. The Feds went one step further and told the Gibson CEO (in writing nonetheless) that the Company’s “problem” could go away if Gibson shipped its manufacturing to Madagascar. Holy government collusion Batman!

But then you have to wonder…is this really so out of the ordinary?

Considering how embroiled the Federal government has become in private sector business, it’s really more of a surprise that stories similar to this don’t rise to the surface more often.

Okay, I could launch right into blaming today’s media and its inherent denial of how destructive Obama’s policies are—but that’s another post altogether.

Then there’s the story of Obama’s environmental energy darling Solyndra.Just 12 months ago the President told us Solyndra was going to be the next best thing. What a big fat bummer; this solar company sweetheart has been forced to file for bankruptcy leaving 1,100 people out of work and taxpayers obligated for $535 million in federal loans. That’s right, we — as in you and me — paid them to fail. How’s that for stimulus?

The comments under The Washington Post Solyndra story are replete with passion. Ranging from statements like “Renewable haters! Now's your chance to cackle and dance around the cinders decrying "libs" whatever those may be,” to “Buying votes, stopping pollution, throwing around our taxes and federal stimulus money so he looks and sounds good to liberals is not only a waste of money it is killing real jobs and real companies. These ‘green’ jobs need to stand on their own as viable economic companies not subsidized tax-payer boondoggles. Wake up America, vote all these Democrats, Marxist liberals (and Republican Rhinos too) out of power. We cannot afford another 4 years!!”

Making an already dreary situation even worse, ‘this unbelievable stretch of bad economic luck’ (according to some of my more liberal friends) comes less than one week before Obama’s infamous jobs plan, where he’s scheduled to talk (yet again) to America and the joint branches of Congress.

Big question: does EUG have the stomach to watch the Obama jobs plan press conference next week? It’s been some time since I watched the Prez speak at Americans so I just might dial in. I hear he might focus his jobs plan speech on rebuilding schools.

It’s an ironic topic coming from the former IL Senator who ignored the elementary school children in Cook County who asked for a normal-length school day (days shortened but Cook County public school teacher salaries apparently not so shoddy). Looks like the unions won that battle, big surprise.

I suppose if I am not thoroughly and mentally exhausted after the GOP debate on Wednesday night I will watch. Can’t wait for Obama’s justification for today’s breaking news: no jobs added in August, unemployment still at 9.1%. (Hint: it’s all Bush’s fault).

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