Editor’s note: This playlist contains each segment in sequence — except for segment three. For some reason the code would not sequence properly. So you can find segment three in the related links section below.
Tag: Rush Limbaugh
Ford Pulls its Weight Without Bailout Funds: Surpasses Toyota in May sales
“The people saying they don’t want to buy anything at General Motors are not mad at General Motors. They don’t want to patronize Obama. They don’t want to do anything to make Obama’s policies work! This is an untold story, by the way. Of course, the government-controlled media is not gonna report anything like this but there are a lot of people who are not going to buy from Chrysler or General Motors as long as it is perceived Barack Obama is running it, because people do not want his policy to work here because this is antithetical to the American economic way of life. The government does not own car companies; the government does not design cars, not in a country that works. So people aren’t going to buy products from companies that Obama runs.” ~ Rush Limbaugh
Amid bankruptcies and forecasts of Detroit doom, one of the Big Three is hanging tough. Ford tough.
Once defined by the revolutionary Model T, Ford is motoring on without federal bailouts, Treasury-led restructurings or bankruptcy judges.
Ford Motor Co.’s U.S. market share grew last month, and sales surpassed even mighty Toyota’s. Ford’s shares have outperformed those of Honda and Toyota over the past year. Shares of archrival General Motors Corp., now in bankruptcy, are nearly worthless.
Shareholders and analysts see pluses and minuses in Ford’s decision to steer clear of government interference.
“Ford [may] be able to prevail taking the high ground and not taking government money,” said John Chevedden of Redondo Beach, Calif., who owns 600 shares of Ford stock. Mr. Chevedden said he purchased the stock “at a dip,” so he hasn’t lost any money on his investment.
He called himself “cautiously hopeful” based on production increases and Ford’s upbeat annual report released last month. He thinks Ford will benefit from the downsizing of GM and Chrysler LLC – as its production increases are designed to do.
Mr. Chevedden said he was more concerned with the overall economy than with Ford.
“The concern is just about the market in general, whether it’s going to rebound or if people will just buy less cars,” he said.
Tom Whited, a financial adviser for Edward Jones Investments in Plymouth, Mich., said such uncertainties keep him from recommending Ford stock even though the shares have performed better than expected.
“There are so many question marks around the Detroit auto industry in general that I think there are better options,” he said.
Mr. Whited also worries that Ford will have difficulty competing with Chrysler and GM after they come out of their bankruptcies “debt free.”
The company’s decision to go it alone prompted shareholder Jason Kozlowski of Toledo, Ohio, to buy Ford stock three months ago.
“I’m thinking because they didn’t take the bailout money, because they decided to do their own thing, that they will eventually pull out of it,” he said. “It looks like they’re going to hold their own.”
Auto analyst Colin Langan of UBS, which does investment banking for Ford, agreed.
Mr. Langan said Ford will benefit in the long run by avoiding the involvement of the government and the United Auto Workers union in its restructuring, giving it more flexibility and the ability to focus on profits.
“I think [GM’s bankruptcy] is an opportunity for Ford to stand out from U.S. competitors,” Mr. Langan said.
Ford’s increasing global presence, as well as the scheduled U.S. arrival of new models like the Fiesta next year, bode well for the company’s future.
“I really looked at [Ford’s] prior turnarounds and elements in past successful turnarounds, and every turnaround has had a new product,” Mr. Langan said.
“I think there are definite, clear opportunities for Ford to gain market share.”
Indeed, Ford’s U.S. market share in May reached its highest level since 2006, rising to 17.4 percent from 15.2 percent a year ago. But Ford spokesman Bill Collins said GM’s bankruptcy has not affected Ford’s plans.
“Things have not changed in the way we’re running the business,” Mr. Collins said.
Ford’s domestic sales totaled 155,994 vehicles last month as its Fusion hybrid and Flex crossover models set sales records. Ford even outsold Japanese rival Toyota, which notched 135,661 U.S. sales. Ford’s May results were the best since July, when it sold 161,530 vehicles.
With investors still wary of stocks and especially shares of automakers, Ford’s common stock has surged from a low of $1.26 last year to close at a 52-week high of $6.41 on Tuesday. Ford shares, while virtually unchanged over the past year, have handily outperformed those of Japanese rivals Toyota and Honda, whose shares have fallen 24 percent and 18 percent, respectively.
What Was Obama Thinking?
Once again you have to go to the British press to find a piece like this. The White House Correspondents’ Dinner was just another example of Liberal distortion with a dose of hate speech. Watch “Barack the Magic Negro”, in the video below, doing the diplomatic thing by laughing at the thought of someone wishing Rush Limbaugh dead.
What was Wanda Sykes thinking? Perhaps more to the point, what was President Barack Obama thinking when he laughed and smiled as the comedienne wished Rush Limbaugh dead?
Although the Left is reporting her White House Correspondents’ Dinner speech as “taking shots” at Limbaugh and mocking everyone, that’s a gross misrepresentation of what turned into a hateful and disgusting diatribe.
I was at the dinner and I began by laughing at Sykes’s gentle teases about the press loving Obama so much they never capture him on film smoking but often seem to get him on the beach.
It was amusing when she quipped that Obama trying so hard to be all things to all men that the next thing is he’ll be seen mowing the White House lawn.
But the speech took a very ugly turn when she laid into Limbaugh.
This is what she said: “Rush Limbaugh said he hopes this administration fails, so you’re saying, ‘I hope America fails’, you’re, like, ‘I dont care about people losing their homes, their jobs, our soldiers in Iraq’. He just wants the country to fail. To me, that’s treason.
“He’s not saying anything differently than what Osama bin Laden is saying. You know, you might want to look into this, sir, because I think Rush Limbaugh was the 20th hijacker. But he was just so strung out on OxyContin he missed his flight.”
She then concluded: “Rush Limbaugh, I hope the country fails, I hope his kidneys fail, how about that? He needs a good waterboarding, that’s what he needs.” Obama seemed to think this bit was pretty hilarious, grinning and chuckling and turning to share the “joke” with the person sitting on his right.
There’s not much room for differing interpretations of what Sykes said. She called Limbaugh a terrorist and a traitor, suggested that he be tortured and wished him dead.
What was his crime? Hoping that Obama’s policies – which he views as socialist – will fail.
That’s way, way beyond reasoned debate or comedy and Obama’s reaction to it was astonishing.
Imagine if a comedian “joked” that Obama was a terrorist who was guilty of treason and should be tortured and allowed to die. There would justifiably be an outcry.
But when the “joke” comes from a liberal, Obama-supporting comedienne and the target is a right-winger then the likes of Hilary Rosen and Donna Brazile are on CNN saying it’s just comedy and Limbaugh is “fair game”.
And Obama laughing when someone wishes Limbaugh dead? Hard to take from the man who promised a new era of civility and elevated debate in Washington.
Watch the video. What do you think?
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