Category Archives: Economy
The Chevy Cobalt is being recalled because the ignition shuts off while the vehicle is running! None of the solutions to fix it represented an “acceptable business case“, according to General Motors. Thirteen people have died so far. GM warns this can be caused by too heavy a key ring.
So, as your life passes before your eyes while barreling downhill at 80mph without power, or airbags, please keep in mind… your key ring is too damn heavy.
Acceptable Business Case
On the other hand you could have kept your key ring and GM could have fixed the problem with a 57 cent part.
At least they’re not blowing your bail out money.
Pressuring Putin over Ukraine is tricky. It’s a tough sell to squeeze the Russian economy because much of Europe depends on Putin for fuel. But what about American dependency on Russia for a way back to earth?
Russian Rocket Rides
Ever since NASA put the Space Shuttle up on blocks in 2011, with no replacement, the U.S. has paid 70 million a pop for Russian rocket rides.
In his continuing effort to avoid Congress, President Obama met with state governors on Monday. He stressed that they can can do practical and popular things together, like raise the minimum wage. He’s already flown solo raising the minimum for federal contract workers.
Minimum Wage Economy
Louisiana Governor Bobby Jindal responded that the Obama economy is a minimum wage economy. Jay Carney said Jindal prefers a $7.25 economy.The Office of Management and Budget says raising the minimum wage will cost 500, 000 jobs.
Meanwhile, the economy in North Dakota is booming. Wages there are soaring for workers who do the one thing the president hates most – produce fossil fuels.
The Obamas hosted a state dinner this week for the tax cutting socialist president of France, Francois Hollande. The menu featured dry aged ribeye beef, quail eggs, caviar, chocolate cake, ice cream, fudge, shortbread cookies and cotton candy.