Today In The USA

Last month, when the CEOs of Chrysler, Ford and GM buzzed down to Washington, D.C. with their hand out for some bail out cash they buzzed down on their corporate jets and left town with nothing in hand but their butts.

Now they are trying a different approach from riding the high horse – driving down in hybrid vehicles produced by their respective companies, promising to accept only $1 per-year in salary if the taxpayers bail them out and of course offering promises of gloom and doom if the taxpayers don’t provide a whole lotta cash to bail them out.

While it is somewhat entertaining to watch the “fat cats” grovel for a hand out from the rest of us, does anyone really believe that these guys are actually offering to work for only $1 per-year with zero stock options or other “benefits”?

And even more important, does anyone believe these guys are actually going to change their ways?

Read it at Stark Auto Warning: There’s No ‘Plan B’ and The Other Side of the $1 Salary and buy a rice burner…

After all these years it appears that George W. Bush has finally succeeded at something.

At least according to this headline:

Bush says he’s working hard on economic turmoil

And undoubtedly he has succeeded beyond anyone’s wildest dream in overseeing if not outright creating economic turmoil on a scale that has not been seen since the “Great Depression”.

How bad is it?

It is so bad that yesterday investors were buying three month Treasury Notes that carried with them a negative interest rate…

Oh well, we knew that if given sufficient time, President Bush would eventually find something that he is good at and by golly now we know it’s creating economic turmoil.

Well that and bailing out private businesses with taxpayer money, so it appears he’s succeeding at two things and at the same time, no less…