The success of Scott Walker

  • Posted by a hidden member.
    Log in to view his profile

    Feb 14, 2012 3:40 PM GMT
    http://www.weeklystandard.com/articles/great-scott_626645.html
  • Posted by a hidden member.
    Log in to view his profile

    Feb 14, 2012 4:31 PM GMT
    And he's been staying enough away from social issues for my comfort. Good governor. He is saving our state fiscally while other states around us like Illinois are fast turning to shit.
  • roadbikeRob

    Posts: 14380

    Feb 14, 2012 4:45 PM GMT
    As long as he doesn't start backing initiatives from the narrow minded, bible thumping screwballs and he sticks to financial and economic issues, Scott Walker could go down in history as a good, effective governor for Wisconsin. As for states that have gone to shit, Illinois isn't alone. Add both Michigan and New York to the list.
  • mke_bt

    Posts: 707

    Feb 14, 2012 9:10 PM GMT

    Yep, Scott "John Doe" Walker is doing a great job. No worries about anything coming back to bite him in the ass.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 14, 2012 9:12 PM GMT
    mke_bt said
    Yep, Scott "John Doe" Walker is doing a great job. No worries about anything coming back to bite him in the ass.


    Whoever runs against him, as a result of the recall, will still lose.
  • mke_bt

    Posts: 707

    Feb 14, 2012 9:18 PM GMT
    mocktwinkie said
    mke_bt said
    Yep, Scott "John Doe" Walker is doing a great job. No worries about anything coming back to bite him in the ass.


    Whoever runs against him, as a result of the recall, will still lose.


    Seriously? What's the count up to now on felony charges against people in his inner circle? I will admit that Kathleen Falk is a crappy candidate. It will be interesting to see where the John Doe investigation eventually leads. So far it has lead to people very close to him.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 14, 2012 11:17 PM GMT
    mocktwinkie saidAnd he's been staying enough away from social issues for my comfort. Good governor. He is saving our state fiscally while other states around us like Illinois are fast turning to shit.


    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail, as much as the loans go against my conservatism. In THIS instance it was the right thing to do IMO.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 14, 2012 11:19 PM GMT
    mke_bt said
    Yep, Scott "John Doe" Walker is doing a great job. No worries about anything coming back to bite him in the ass.


    Yep, so far it's looking like in the long run it will turn out ok.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 14, 2012 11:20 PM GMT
    roadbikeRob saidAs long as he doesn't start backing initiatives from the narrow minded, bible thumping screwballs and he sticks to financial and economic issues, Scott Walker could go down in history as a good, effective governor for Wisconsin. As for states that have gone to shit, Illinois isn't alone. Add both Michigan and New York to the list.


    Better take a new look fresh at Michigan and Rick Snyder
  • GQjock

    Posts: 11649

    Feb 14, 2012 11:26 PM GMT
    Oh deary me ... but He's still getting recalled

    You can retype all the rightwing blurbs you want cause they cost Lottsa money
    But there are WAY more than enough signatures to haul his ass out for recall

    icon_cool.gift
  • GQjock

    Posts: 11649

    Feb 16, 2012 1:24 PM GMT
    News flash .... Wisconsin budget shortfall one hundred and forty million dollars

    ......... Mortgage loan settlement .... Banks pay one hundred and forty million for people they wrongly foreclosed upon

    News flaws update .... walker takes said settlement money to make up for shortfall

    icon_biggrin.gif

    Ooooh boy he's gonna be booted and booted bad
  • CuriousJockAZ

    Posts: 19138

    Feb 16, 2012 2:24 PM GMT
    freedomisntfree said
    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail...



    We will never really know how much different the picture would have been had GM & Chrysler been allowed to fail and forced to restructure. For all we know their recovery may have been longer lived had that been the route we took. It remains to be seen if the bailouts themselves were a real fix, or simply a band-aid put on the problem that will rear its ugly head again down the road.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 16, 2012 2:56 PM GMT
    freedomisntfree said
    mocktwinkie saidAnd he's been staying enough away from social issues for my comfort. Good governor. He is saving our state fiscally while other states around us like Illinois are fast turning to shit.


    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail, as much as the loans go against my conservatism. In THIS instance it was the right thing to do IMO.




    ----------------------------------------------------------------------------------------------


    FreedomGEEZER, is this your way of conceding that the Government can play a part in working with Private interprise for the sake of its Citizens, with good results ?



    As for Walkers Success, His budget would have looked a hell of a lot better without the give aways I understand he gave to his corporate funders. They won't be much help against all those people who want to see walker --- 'take a hike' away from Madison.

    Unions are far from perfect, but we can lay the success of the middle class at their feet, now that they are failing so are the middle class. Walker for a short time thought he was going to lead the US as an example of Union busting, but after seeing the results, the same tactics failed in Ohio and Walker is already on the receiving end of his tactics. Blowback is paying him in spades.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 16, 2012 4:00 PM GMT
    CuriousJockAZ said
    freedomisntfree said
    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail...

    We will never really know how much different the picture would have been had GM & Chrysler been allowed to fail and forced to restructure. For all we know their recovery may have been longer lived had that been the route we took. It remains to be seen if the bailouts themselves were a real fix, or simply a band-aid put on the problem that will rear its ugly head again down the road.

    I think the "allowed to fail" rhetoric is misleading. One alternative would have been a Chapter 11 process, providing for restructuring without putting the UAW in an ownership position, screwing other investors.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 16, 2012 4:15 PM GMT
    socalfitness said
    CuriousJockAZ said
    freedomisntfree said
    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail...

    We will never really know how much different the picture would have been had GM & Chrysler been allowed to fail and forced to restructure. For all we know their recovery may have been longer lived had that been the route we took. It remains to be seen if the bailouts themselves were a real fix, or simply a band-aid put on the problem that will rear its ugly head again down the road.

    I think the "allowed to fail" rhetoric is misleading. One alternative would have been a Chapter 11 process, providing for restructuring without putting the UAW in an ownership position, screwing other investors.



    --------------------------------------------------------------


    Wa Wa Wa !!!! SoCal, what's the matter, are the plans that saved GM and Chrystler working out to well for your liking? Would you be more pleased if it were Wall Street making big on the comeback instead of Union Workers?
  • GQjock

    Posts: 11649

    Feb 16, 2012 6:03 PM GMT
    socalfitness said
    CuriousJockAZ said
    freedomisntfree said
    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail...

    We will never really know how much different the picture would have been had GM & Chrysler been allowed to fail and forced to restructure. For all we know their recovery may have been longer lived had that been the route we took. It remains to be seen if the bailouts themselves were a real fix, or simply a band-aid put on the problem that will rear its ugly head again down the road.

    I think the "allowed to fail" rhetoric is misleading. One alternative would have been a Chapter 11 process, providing for restructuring without putting the UAW in an ownership position, screwing other investors.


    Oh I love the attempt of glossing over of history
    We're calling it "restructuring" now?
    Because when GM came to the government for help during the republican created fiscal crisis.... What was heard was a big F**k you from every single republican out there
    And if GM failed thousands would have been put out of work IMMEDIATELY
    And then the supply chain for GM related parts let alone ancillary businesses would have suffered irreparably
    But bless your little rightwing history twisting hearts
    You got your ass handed to you by Obama ...... The auto industry was saved by him
    And no matter what you say is Never gonna change that fact
  • Posted by a hidden member.
    Log in to view his profile

    Feb 16, 2012 7:17 PM GMT
    GQjock said
    socalfitness said
    CuriousJockAZ said
    freedomisntfree said
    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail...

    We will never really know how much different the picture would have been had GM & Chrysler been allowed to fail and forced to restructure. For all we know their recovery may have been longer lived had that been the route we took. It remains to be seen if the bailouts themselves were a real fix, or simply a band-aid put on the problem that will rear its ugly head again down the road.

    I think the "allowed to fail" rhetoric is misleading. One alternative would have been a Chapter 11 process, providing for restructuring without putting the UAW in an ownership position, screwing other investors.


    Oh I love the attempt of glossing over of history
    We're calling it "restructuring" now?
    Because when GM came to the government for help during the republican created fiscal crisis.... What was heard was a big F**k you from every single republican out there
    And if GM failed thousands would have been put out of work IMMEDIATELY
    And then the supply chain for GM related parts let alone ancillary businesses would have suffered irreparably
    But bless your little rightwing history twisting hearts
    You got your ass handed to you by Obama ...... The auto industry was saved by him
    And no matter what you say is Never gonna change that fact

    Your response is completely irrelevant to the comment I made.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 16, 2012 7:53 PM GMT
    CuriousJockAZ said
    freedomisntfree said
    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail...



    We will never really know how much different the picture would have been had GM & Chrysler been allowed to fail and forced to restructure. For all we know their recovery may have been longer lived had that been the route we took. It remains to be seen if the bailouts themselves were a real fix, or simply a band-aid put on the problem that will rear its ugly head again down the road.


    Not this time. It wouldn't have worked. I'm sure you realize the size of the DIP package required to pull them through an 11. We had no lenders. The only source was TARP funds or equivalent.

    I had lenders pulling out at the 178th day of exchanges and that’s after they’ve already issued a formal commitment. And given California lender liability laws, that was a pretty risky move. But after my clients paid Fed and state cap gains of several hundred thousand bucks, there was nothing left with which to sue.

    It would have more likely gone down like Saab. You know that I agree with Obama on almost nothing except for his role as president assassin a few times and this, but this I really agree with.

    http://media.gm.com/media/us/en/gm/news.detail.html/content/Pages/news/emergency_news/0216_4Q_earnings
  • Posted by a hidden member.
    Log in to view his profile

    Feb 16, 2012 7:58 PM GMT
    socalfitness said
    CuriousJockAZ said
    freedomisntfree said
    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail...

    We will never really know how much different the picture would have been had GM & Chrysler been allowed to fail and forced to restructure. For all we know their recovery may have been longer lived had that been the route we took. It remains to be seen if the bailouts themselves were a real fix, or simply a band-aid put on the problem that will rear its ugly head again down the road.

    I think the "allowed to fail" rhetoric is misleading. One alternative would have been a Chapter 11 process, providing for restructuring without putting the UAW in an ownership position, screwing other investors.


    "One alternative would have been a Chapter 11 process,"

    Sounds nice, but where's the DIP financing coming from circa 2009? As ugly as this is, there was no other way. It would have quickly ended up a 7 and then pick through the pieces.
  • Posted by a hidden member.
    Log in to view his profile

    Feb 16, 2012 9:07 PM GMT
    freedomisntfree said
    socalfitness said
    CuriousJockAZ said
    freedomisntfree said
    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail...

    We will never really know how much different the picture would have been had GM & Chrysler been allowed to fail and forced to restructure. For all we know their recovery may have been longer lived had that been the route we took. It remains to be seen if the bailouts themselves were a real fix, or simply a band-aid put on the problem that will rear its ugly head again down the road.

    I think the "allowed to fail" rhetoric is misleading. One alternative would have been a Chapter 11 process, providing for restructuring without putting the UAW in an ownership position, screwing other investors.


    "One alternative would have been a Chapter 11 process,"

    Sounds nice, but where's the DIP financing coming from circa 2009? As ugly as this is, there was no other way. It would have quickly ended up a 7 and then pick through the pieces.

    Could have had some govt funding. Similar to what occurred but via an established process that addressed all investors fairly versus the awards to govt friends.
  • GQjock

    Posts: 11649

    Feb 16, 2012 9:31 PM GMT
    socalfitness said
    GQjock said
    socalfitness said
    CuriousJockAZ said
    freedomisntfree said
    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail...

    We will never really know how much different the picture would have been had GM & Chrysler been allowed to fail and forced to restructure. For all we know their recovery may have been longer lived had that been the route we took. It remains to be seen if the bailouts themselves were a real fix, or simply a band-aid put on the problem that will rear its ugly head again down the road.

    I think the "allowed to fail" rhetoric is misleading. One alternative would have been a Chapter 11 process, providing for restructuring without putting the UAW in an ownership position, screwing other investors.


    Oh I love the attempt of glossing over of history
    We're calling it "restructuring" now?
    Because when GM came to the government for help during the republican created fiscal crisis.... What was heard was a big F**k you from every single republican out there
    And if GM failed thousands would have been put out of work IMMEDIATELY
    And then the supply chain for GM related parts let alone ancillary businesses would have suffered irreparably
    But bless your little rightwing history twisting hearts
    You got your ass handed to you by Obama ...... The auto industry was saved by him
    And no matter what you say is Never gonna change that fact

    Your response is completely irrelevant to the comment I made.


    Why?
    Your statement concerning a RESTRUCTURING alternative
    Is EXACTLY what I was talking about
    Call it restructuring
    Allowed to fail
    chapter 11
    .... It still is a F**k you in no uncertain terms

    And BTW?
    There was a RESTRUCTURING .... Mr Obama shook up the top CEOs at GM
    Remember? .... Some of them didn't have a job when the government took the fiscal helm
    And I don't think we could have had a better outcome as of today .......
    Where is GM right now?
    How many jobs were saved ?
    How many businesses would have folded or Ben put in dire straits if GM was allowed to fail?

  • Posted by a hidden member.
    Log in to view his profile

    Feb 17, 2012 12:09 AM GMT
    socalfitness said
    freedomisntfree said
    socalfitness said
    CuriousJockAZ said
    freedomisntfree said
    And I'm sure you've read about Rick Snyder and Michigan .... a SURPLUS in Michigan, but frankly some or much of that credit goes to Bush and Obama with the GM & Chrysler loans. It would have been a much different picture had they been allowed to fail...

    We will never really know how much different the picture would have been had GM & Chrysler been allowed to fail and forced to restructure. For all we know their recovery may have been longer lived had that been the route we took. It remains to be seen if the bailouts themselves were a real fix, or simply a band-aid put on the problem that will rear its ugly head again down the road.

    I think the "allowed to fail" rhetoric is misleading. One alternative would have been a Chapter 11 process, providing for restructuring without putting the UAW in an ownership position, screwing other investors.


    "One alternative would have been a Chapter 11 process,"

    Sounds nice, but where's the DIP financing coming from circa 2009? As ugly as this is, there was no other way. It would have quickly ended up a 7 and then pick through the pieces.

    Could have had some govt funding. Similar to what occurred but via an established process that addressed all investors fairly versus the awards to govt friends.


    "all investors fairly versus the awards to govt friends"

    I understand what you’re saying about the union. That’s much of the reason we have both GMC and Chevy trucks and lost Pontiac. And you know what a sore spot that is with me.

    ""Could have had some govt funding. "

    I don’t know how you define ‘some’, but it requires more than ‘some’ to see such an R&D heavy industry such as the auto industry through this. True, maybe they could have made it with some little shreds of the company left, but what would be on the showroom floors today if they were that starved for R&D cash over the last three years? One of the first things that would have gone permanently would have been the C7, and the C6 has been out since fall 2004. You’re enough of a car guy that you know what this would have done to MCEs and replacements and given that there is a four year cycle for a complete redo, they eventually would bite it again. It would have been like watching Packard up to 1958.

    Instead the help from BOTH the Bush and Obama administrations gave this entire industry, plus all of the tier one through three suppliers, a new lease on life. The job multiplier effect due to manufacturing is huge. Shit I’m doing a 200,000 sq ft assembly plant here for a tier one so a wee bit of this is even coming my way. And I’ve bought or leased 61 new American cars in my lifetime so around it goes.

    Disclaimer: I am heavily biased because of the huge number of lifelong personal friends in this industry, both white and blue collar, union and non union.