UPDATE...F-35 STILL COMPLETELY SUCKS.....AND YOU ARE STILL PAYING FOR IT.......

In case the last 15 years of bad news (concerning the F-35) wasn't enough for you (please don't despair) we have even more bad news to share.  YAYYYY!!!!!!

Make some popcorn and enjoy.

http://news.nationalpost.com/news/u-s-risks-building-more-than-500-f-35-fighter-jets-before-testing-how-they-work-in-combat

Tests of how Lockheed Martin Corp.’s F-35 will perform in combat won’t begin until at least August 2018  

(IT IS ALREADY YEARS AND YEARS AND YEARS BEHIND SCHEDULE AND NOW IT WILL BE MANY MORE YEARS BEFORE THEY EVEN TEST TO SEE IF IT WORKS.)

more than 500 of the fighter jets may be built before the assessment is complete, according to the Pentagon’s test office.  

(IT IS NOT TESTED.....THE TESTS THEY HAVE DONE HAVE ALL FAILED.......BUT LETS KEEP RIGHT ON BUILDING THEM.  SURE...WHY NOT)

“These aircraft will require a still-to-be-determined list of modifications”  

(SPEND A GAZILLION DOLLARS TO BUILD THEM ALL WRONG THE FIRST TIME....... AND THEN SPEND ANOTHER GAZILLION DOLLARS TO FIX THEM ALL LATER.  SURE...WHY NOT)

“However, these modifications may be unaffordable for the services as they consider the cost of upgrading these early lots of aircraft while the program continues to increase production rates in a fiscally constrained environment.”  

(OH DON'T YOU WORRY YOUR PRETTY LITTLE HEAD.....THERE IS ALWAYS MORE TAX DOLLARS AVAILABLE FOR THE PENTAGON.  THEY WILL JUST TAKE THE MONEY FROM THE POOR PEOPLE.  WHEN IT COMES TO BUILDING WEAPONS THE GOVERNMENT NEVER RUNS OUT OF MONEY.  IT IS ALL GOOD.)

The costliest U.S. weapons program, at a projected $391 billion, (IT WILL BE A LOT HIGHER THAN THAT) the F-35 is being produced even as it’s still being developed, a strategy a top Pentagon official once called “acquisition malpractice.”  

(IT IS CALLED "ACQUISITION MALPRACTICE" AND YET IT IS STILL BEING ALLOWED TO HAPPEN.   SURE....WHY NOT.)

Despite the plane’s many problems, (THE IMPORTANT WORD IS "MANY") “F-35 production rates have been allowed to steadily increase to large rates,”  

(BUILD THE SH*TTY PLANES EVEN FASTER.....HURRY UP.......BEFORE SOMEONE WAKES UP AND STOPS US FROM THIS ONGOING TAXPAYER THEFT. )

Gilmore said the delay in testing stems from flaws in the “3F” software that gives the F-35 its full combat capability.  

(FLAWS = SH*TTY OUTSOURCED PROGRAMMERS F*CKED IT ALL UP.  PLUS THE COMMUNIST CHINESE HACKED IN AND STOLE ALL THE PLANS ANYWAY.   THAT HAPPENED IN 2009 SO NOW IT ALL HAS TO BE RECODED A SECOND TIME.  IT IS NICE OF YOU TO PAY FOR IT ALL A SECOND TIME TOO.  YOU ARE VERY GENEROUS.)

Testing of the software isn’t likely to be completed until at least January 2018, or 15 months behind the October 2016 date set when the program was reorganized in 2012.  

(SO IN 2012 THE DEADLINES WERE ALL MISSED AND THEY "REORGANIZED" (SET NEW DEADLINES) FOR 2016...... BUT OF COURSE THAT DATE IS NEVER GOING TO HAPPEN EITHER....... SO THEY KEEP KICKING THE CAN DOWN THE ROAD.  WHAT IS ANOTHER TWO YEARS......  SURE....WHY NOT.)

The F-35 is a flying computer, with more than 8 million lines of software code. 

(8 MILLION LINES OF SOFTWARE CODE THE COMMUNIST CHINESE HAVE ALREADY STOLEN.)

The F-35’s $55 billion development phase is evaluating how well aircraft and systems meet contract specifications and military requirements. 

(THEY DON'T NEED TO TEST ANYTHING....I CAN ALREADY TELL YOU THE PLANE IS A TOTAL PIECE OF SH*T.   IT IS GOING TO FAIL ALL THE TESTS.  KICKING THE CAN DOWN THE ROAD WON'T CHANGE THE REALITY.  THE REALITY IS (AND HAS ALWAYS BEEN) THE F-35 COMPLETELY SUCKS...  BUT BY ALL MEANS KEEP SPENDING MORE AND MORE MONEY ON IT.  WHY NOT)

The next milestone for the F-35 is supposed to be an Air Force declaration by August that its version of the F-35 has initial combat capability.  The Air Force last month told a Joint Chiefs of Staff weapons review group it rated that date as jeopardized, or “red,” because of “inherited deficiencies” with its “Block 3i” software and “new avionics stability problems,”   

(TRANSLATION....DON'T HOLD YOUR BREATH.....THE NEXT MILESTONE WILL BE MISSED JUST LIKE ALL THE MILESTONES HAVE BEEN MISSED.  THE ONLY CONSISTENCY IN THE F-35 PROGRAM IS MISSED DEADLINES AND WASTED MONEY.)

the 3i “software has been continually improved.” Deficiencies in air-to-air and air-to-ground mission sets “were addressed and resolved,”  

(THEY TELL YOU IT HAS BEEN RESOLVED BUT LETS NOT TEST IT COMPLETELY FOR TWO MORE YEARS....SURE......WHY NOT)

Other F-35 flaws cited by Gilmore in his report:

– A fuel system deficiency on all three models of the plane that limits their maneuverability when carrying a full load of gas.  

(THE MOST SOPHISTICATED COMPUTER AIDED DESIGN PROGRAMS IN THE WORLD AND THEY STILL DIDN'T KNOW THAT WHEN YOU FILL THE GAS TANK THE PLANE WOULD FLY DIFFERENTLY.........OH WELL THIS IS NOT HARD TO OVERCOME.....JUST FILL THE TANK 1/4.  MOST DOG FIGHTS WON'T LAST THAT LONG ANYWAY BEFORE THE F-35 IS BLOWN OUT OF THE SKY.  SO DON'T WASTE THE FUEL.....TAXPAYERS PAY FOR FUEL.....LETS SAVE THE TAXPAYERS SOME MONEY.)

– A diagnostic system, called “ALIS,” that continues “to demonstrate poor accuracy and a high false alarm rate.”  

(POOR ACCURACY IS TO BE EXPECT ON THE MOST EXPENSIVE WEAPONS PROGRAM IN HISTORY.  HEY YOU GET WHAT YOU PAY FOR.)

– Cracks in wing spars discovered in October on the Navy version of the F-35 and “damage to a significant number of fasteners and grommets” found during testing of the Marine Corps model.  

(CRACKS AND DAMAGE IS TO BE EXPECT ON THE MOST EXPENSIVE WEAPONS PROGRAM IN HISTORY.  HEY YOU GET WHAT YOU PAY FOR.)

– A lack of high-fidelity simulators to rehearse combat missions and specialized data for each major geographic area that pilots will use to test sensors and track enemy radar.  

(YES SIMULATORS WILL BE VERY IMPORTANT......THEY WILL NEED TO PRACTICE ALL THE WAYS THEY WILL BE GETTING BLOWN OUT OF THE SKY.)

– A pilot escape system that could kill ejecting pilots who weigh 136 pounds or less by breaking their necks.   

(PILOTS WILL HAVE A DECISION TO MAKE ONCE THEY ARE SPIRALING TOWARDS THE EARTH....DO THEY PULL THE EJECTION HANDLE AND SNAP THEIR NECK?  OR DO THEY JUST STAY WITH THE PLANE AND HOPE THE CRASH ISN'T TOO TERRIBLE.  FROM WHAT I HAVE READ ABOUT THE HORRIBLE EJECTION SEAT I WOULD RECOMMEND JUST STAYING WITH THE PLANE.)

– F-35s were available 51 percent of the time required for training and flight tests in 2015, an increase from 37 percent in 2013.  

(WOW..... 49% OF THE TIME THE F-35 WAS NOT READY ........ AND THAT IS A HUGE IMPROVEMENT......I GUESS YOU GET WHAT YOU PAY FOR....OR NOT)

Johnson Controls...Screwing America and Getting Rich Doing It........

Johnson Controls is merging with Tyco to avoid paying US taxes.  The largest inversion case yet.

http://www.usatoday.com/story/money/2016/01/25/johnson-controls-tyco-international-merger/79289344/

Because of the merger the CEO will be awarded $20,000,000.00.  I am so happy for him.

http://www.jsonline.com/business/merger-provides-20-million-bonus-and-stock-for-johnson-controls-ceo-b99659936z1-366779881.html

The company will save $150,000,000.00 not paying US taxes. 

Why should Johnson Controls have to pay US taxes.  Not like the US Taxpayer ever did anything for Johnson Controls.  Not like President Obama went to Johnson Controls and handed them piles of money.

http://www.cnsnews.com/news/article/obama-visits-corporation-where-his-stimulus-created-green-jobs-2-million-job

In 2009 when President Obama was acting like Santa Claus  (going around the country handing out Billions and Billions of your tax dollars) while pretending to fix the US economy...... one of the places Obama went was Johnson Controls.  

Johnson Controls was given $300,000,000.00 (Happy birthday) of your tax dollars.  The result of that welfare was the creation of 150 jobs.  That comes out to $2,000,000.00 per job.  The jobs didn't pay that much money (Don't be silly) that is just what they were given.  A free gift from Uncle Sam.

In Sept Johnson Controls announced a new partnership with Communist Red China.

http://www.prnewswire.com/news-releases/johnson-controls-partners-with-baic-to-expand-in-chinese-automotive-battery-market-300142083.html

Also In Sept Johnson Controls announced they are laying off 3000 employees.   Hire 150 people in 2009 (Take the government money) and layoff 3000 people in 2015.  The Obama recovery is working well.

http://www.jsonline.com/business/johnson-controls-plans-to-cut-3000-from-salaried-workforce-b99579277z1-328185581.html

Now Johnson Controls will no longer pay any US taxes.  You and your family can make up for the lost revenue......Right after you finish paying for the 300 million tacked onto the US National debt in 2009.

Any questions?

GENERAL MOTORS....MADE IN COMMUNIST RED CHINA.......

GENERAL MOTORS IMPORTING CARS FROM COMMUNIST RED CHINA TO SELL TO YOU. GOD BLESS AMERICA……

DO YOU REMEMBER WHEN THE COMMUNIST GOVERNMENT OF CHINA BAILED OUT GENERAL MOTORS?

YEAH….. I DON’T REMEMBER THAT EITHER.

WHAT I DO REMEMBER IS THE UNEMPLOYED TAXPAYERS OF THE UNITED STATES BAILING OUT GENERAL MOTORS. OBAMA PULLED THAT ARMOURED TRUCK UP TO THE GM HEADQUARTERS AND OUT OF THE BACK WENT BILLIONS AND BILLIONS AND BILLIONS AND BILLIONS AND BILLIONS OF YOUR TAX DOLLARS. THEY PILED IT UP NICE AND HIGH AS ALL THE EXECUTIVES DWELLED.

WELL…… THIS IS THE THANKS YOU GET.

BECAUSE OF GM DETROIT SUFFERED THE LARGEST CITY BANKRUPTSY IN HISTORY.

BECAUSE OF GM PEOPLE IN DETROIT ARE TODAY DRINKING TAINTED WATER.

THE PEOPLE DRINKING THE TAINTED WATER RECEIVED NO BAILOUT. BUT THE IDIOT EXECUTIVES WHO DROVE THE LARGEST US COMPANY INTO RUIN STILL ALL GOT PAID HANDSOMELY THOUGH.

ON THE FRONT OF THE NEW MADE IN COMMUNIST RED CHINA BUICK WILL BE THEIR CLASSIC RED WHITE AND BLUE LOGO. MAKE SURE YOU GIGGLE WHEN YOU SEE IT ON THE DEALERSHIP LOT. GIGGLE BECAUSE IT IS FUNNY. MAKE SURE YOU CLEARLY EXPLAIN TO THE BUICK DEALER THAT YOU ARE NOT EVER GOING TO PURCHASE THAT CAR. CLEARLY EXPLAIN THAT YOU ONLY BUY CARS MADE IN THE UNITED STATES OF AMERICAN. THAT IS WHY YOU WILL BE BUYING A HONDA MADE IN OHIO OR ALABAMA.

NO MATTER WHAT THEY TELL YOU THE FACT REMAINS AN AMERICAN CAR MADE IN COMMUNIST CHINA IS NOT AN AMERICAN CAR. US TAX PAYERS SHOULD NEVER AGAIN BAIL ANY OF THESE COMPANIES OUT.

FOR YEARS CAR COMPANIES WERE NOT BRAVE ENOUGH TO BUILD A CAR IN COMMUNIST RED CHINA BECAUSE THE CHINESE QUALITY IS SO POOR. I GUESS SINCE GM QUALITY HAS ALWAYS BEEN POOR ANYWAY THEY DON’T SEE ANY REASON NOT TO PROCEED. THAT IS LEADERSHIP RIGHT THERE.

NOW YOU WATCH ALL THE OTHER “AMERICAN” CAR COMPANIES FOLLOW THIS LEAD. YOU SHOULD SHOW YOUR APPROVAL OF THIS NEW PRACTICE BY LEAVING THEIR CARS ON THE LOT. BUYING THEM SENDS THE WRONG MESSAGE.

http://www.usatoday.com/story/money/cars/2015/12/04/gm-buick-china-suv/76801652/

Disney World Replacing American Workers.....

DISNEY WORLD.....

It is the happiest place on Earth.......

Unless you are an American IT worker.

If you are an American IT worker you can go to Hell. But first train your replacement worker.

Then follow Tinkerbell to the front gate and get out.

http://money.cnn.com/2016/01/25/technology/disney-h1b-workers/index.html?iid=ob_homepage_tech_pool&iid=obnetwork

They were told they had 90 days to train their replacements: Foreigners on H-1B visas, the most common visa for high-skilled foreign workers. If they didn't agree, they weren't eligible for bonuses or severance packages.

Up to 300 workers also lost their jobs.

The lawsuits, filed in a Tampa federal court Monday, charge Disney and two global consulting companies, HCL and Cognizant, for colluding to break the law.

Both HCL and Cognizant are outsourcing companies, known for submitting a high volume of H-1B petitions each year. By law, H-1B workers can't replace American workers, and the suit alleges that that's exactly what the three companies did.

Blackwell said Disney is not the only company using outsourcing firms to hire immigrants to replace American workers. (All the companies do this all the time. Get rid of your American workers any way you can. Just get rid of them)

Typically, companies require employees to sign a severance agreement preventing them from suing or speaking out about the firm. She said some companies will offer as much as $20,000. (Take the money and shut your mouth)

"Disney didn't have that. (Stupid) They failed to put the 'You can't sue, you cant talk' clause," Blackwell told CNNMoney.

"We want to show America that this is what's happening right under your nose," (In Case you haven't read Andrews other 25,000 posts where he has pointed this practice out to you)

Moore applied to several jobs at the company, interviewed for them, and was told that the jobs were only for H-1B holders or foreigners. (American workers can go to hell)

For its part, Disney said it's done nothing wrong. (Insert Goofy's laugh here)

Bernie Sanders Was Right Way Back In 2003.....

Bernie Sanders kicking the sh*t out of Alan Greenspan in 2003.  When the rest of the world was worshiping the ground that Greenspan Walked Bernie saw the truth.

Eventually Greenspan saw the truth too.....Once the economy collapsed.

https://www.youtube.com/watch?v=WJaW32ZTyKE

A-10 is saved.....For Now.

They are not going to retire the A-10.

They were going to retire them because it is an effective aircraft, which everyone loves, and is cheap to operate. These positive attributes made it a target for retirement.

They wanted to used the money on the boondoggle F-35. They want to use all the money (every penny) on the F-35.

The problem is the F-35 doesn't work and completely sucks. So the bureaucrats love spending money on it but the soldiers (who fight the wars) would rather look up and see an A-10 protecting them.

It is not like the pentagon to care what the troops want but in this case they did.....So good for them.

They should retire the F-35 and bring back all the other planes they have already retired. You know the ones which actually worked.

http://www.defenseone.com/technology/2016/01/Air-Force-to-delay-a-10/125105/

Obama went to Detroit.....And Ignored Flint.

The people of Flint Michigan are drinking (and have been drinking) tainted river water.

The reason they are drinking tainted river water is because 28 years ago General Motors closed most of the factories (In Flint) and moved the jobs to Mexico. This plunged Flint into a financial disaster that they have never recovered from.

Since the 100,000 remaining residents of Flint are dirt poor (40% live below the poverty line) it didn’t really matter if they were given filthy water. Nobody gives a sh*t about poor people especially not the Republican governor.

So to save money dirty river water was used in place of clean (more expensive) drinking water. The complaints rolled in but nobody cared. The water smelled bad, it tasted bad, and it made people sick. People even died…… and still nobody cared.

Yesterday President Obama was in Detroit. He went out to lunch. He went to the Auto Show. He bragged about how well GM is doing. What Obama didn’t do was go to Flint and look the poor people in the eye. He could have gone…..But who wants to deal with a bunch of whiney complaining poor people. Certainly not Obama. He could have gone and promised Billions to fix the problem. He could have said the people of America are with you, and will stay with you until this is fixed. But that is not what he did.

Instead he would rather go hang out with GM. The company who created all the problems in Flint to begin with. The company who made the worlds worst business decisions and ended up in Bankruptcy.

Obama bailed out GM. He handed them billions and billions and billions of dollars….Courtesy of the American taxpayer. GM closed more plants, they laid off more workers, and they cut union benefits.

Today Obama gloats about how well GM is doing. He doesn’t gloat about how well Flint is doing. The people of Flint got no bailout, nor will they get any. The people of Flint are on their own. Good luck to them. Obama boarded his private 747 and flew away. God Bless.

IBM Failing......

The strategy was straight forward.

Get rid of your high priced American workers. Replace them with low cost foreign workers. Count all the incoming money. Profits will soar and the world will be a better place.

So lets check and see how it is going at IBM.

http://www.reuters.com/…/us-ibm-results-research-idUSKCN0UY…

International Business Machines Corp's shares touched a five-year low (OOOOOHH…… NOT GOOD) on Wednesday, a day after the company forecast weak earnings, (OUCH) underscoring challenges (Challenges = Foreign replacement workers not doing so great) in its software business as it transitions to new growth areas.

The company's shares were down 6 percent. (Down 6%????)

IBM forecast 2016 adjusted earnings of "at least" $13.50 per share, below (BELOW) the average analyst estimate of $15 per share, and reported a drop in revenue

(DROP IN REVENUE IS NOT GOOD. YOU ARE SUPPOSED TO MAKE MORE MONEY….NOT LESS.) for the fifteenth straight quarter. (FIFTEEN STRAIGHT QUARTERS OF MAKING LESS MONEY!!!!!! HOLY CR*P… THAT IS TERRIBLE.)

Revenue at IBM's software business, which accounts for more than a quarter of the company's revenue, fell about 11 percent

(DOWN 11%.... MAYBE NOBODY WILL NOTICE THAT ALL THE LAYOFFS, AND ALL THE OFFSHORING DIDN’T LEAD TO A BETTER PLACE. YOU DON’T NEED TO WORRY THOUGH BECAUSE THE CEO WAS STILL PAID A FORTUNE. SHE MADE MILLIONS……EVERYONE LOVES PAYING MILLIONS FOR FAILURE. MAKES YOU FEEL GOOD.)

"We continue to think that the software segment represents the largest risk to ongoing top- and bottom-line financial performance, and thus also IBM shares,

(FUNNY THEY DIDN’T THINK THERE WAS “RISK” WHEN THEY SENT THE JOBS TO THE OTHER SIDE OF THE GLOBE. NOW THAT THE JOBS ARE THERE, AND THE RESULTS ARE HORRIBLE, THE PREDICTIONS FOR THE FUTURE ARE ALSO HORRIBLE…….GOOD…..I AM GLAD.)

IBM has been restructuring its business to focus on high-margin products such as cloud, mobile security and big data, but has failed to make up the shortfall with newer initiatives.

(THE OPERATIVE WORD IS “FAILED”. IBM HAS “FAILED”. GOT THAT?)

Up to Tuesday's close, IBM stock lost 40 percent (40%!!!!!!!) of its market value since touching a record-high.

(I HOPE IT KEEPS GOING DOWN. THAT IS WHAT YOU GET FOR DOING STUPID THINGS.)

The Hottest Year Ever......Again!

If only there was some evidence Climate Change was real………

It is not that Republicans don’t want to believe Climate Change is real they just need to see some proof.

If only we had some.

http://www.cbsnews.com/…/noaa-2015-was-the-hottest-year-on…/

the final tally is in and 2015 has officially been declared the hottest year since modern record keeping began in 1880.

Last year's temperatures burned through the previous record, with 2015 topping 2014 by 0.23 degrees Fahrenheit, the National Oceanic and Atmospheric Administration (NOAA) announced Wednesday.

The report found that Earth's average surface temperature has risen about 1.8 degrees F since the late 19th century, driven mainly by increased man-made emissions like the increased presence of carbon dioxide being pumped into the atmosphere.

Historically, most of the Earth's warming took place in the past 35 years, with 15 of the 16 warmest years on record occurring only since 2001.

"While one degree might not mean very much to you basically on a daily cycle, it really gets noticed by the planet and the systems on the planet."

"We actually anticipate that 2016 might also be a record warm year, and that will be the first time that we've had three record warm years in a row in the whole record,"

"When NASA first started talking about global warming, it was in 1988. 1988 was also a record year. But with the record in now for 2015, 1988 is not even in the top 20 of warmest years."

Hillary's More Than Top Secret Emails.....

There are secrets. Then there are Top Secrets….. which are really secret. Then there are secrets that are even more secret than top secret….. and those secrets are really (really) secret.

Hillary had the even more than top secret (secrets) on her personal email server.

So while she told you there was no classified information on her home email server….Well we now see that she lied.

That is what Hillary does. She lies.

http://www.theguardian.com/…/hillary-clinton-classified-ema…

Some of the classified emails found on former secretary of state Hillary Clinton’s home server were even more sensitive than top secret, according to an inspector general for the intelligence community.

Inspector general Charles McCullough sent a letter to lawmakers last Friday saying that several dozen additional classified emails have been found, including ones containing information from so-called “special access programs”.

Intelligence officials say special access programs have a higher classification than top secret because they are about highly sensitive programs and could reveal sources of information.

Clinton provided the server to the FBI in August. She has said she did not send or receive information that was classified at the time via her personal email account.

Bill Took The Money.....Hillary OKed The Treason...... Just Another Day For The Clintons.....

People wonder why Hillary Clinton used private email as Secretary of State.  

Well if you were enriching your family at the expense of your countries national security you would want to use Private email too.  

Bill took all the money and Hillary Green lighted Putin gaining control of Americans Uranium mines.  

Shhhhh don't tell anyone.

http://www.nytimes.com/2015/04/24/us/cash-flowed-to-clinton-foundation-as-russians-pressed-for-control-of-uranium-company.html?_r=1

At the heart of the tale are several men, leaders of the Canadian mining industry, who have been major donors to the charitable endeavors of former President Bill Clinton and his family. Members of that group built, financed and eventually sold off to the Russians a company that would become known as Uranium One.

Beyond mines in Kazakhstan that are among the most lucrative in the world, the sale gave the Russians control of one-fifth of all uranium production capacity in the United States.

Since uranium is considered a strategic asset, with implications for national security, the deal had to be approved by a committee composed of representatives from a number of United States government agencies. Among the agencies that eventually signed off was the State Department, then headed by Mr. Clinton’s wife, Hillary Rodham Clinton.

As the Russians gradually assumed control of Uranium One in three separate transactions from 2009 to 2013, Canadian records show, a flow of cash made its way to the Clinton Foundation. 

Uranium One’s chairman used his family foundation to make four donations totaling $2.35 million. Those contributions were not publicly disclosed by the Clintons, despite an agreement Mrs. Clinton had struck with the Obama White House to publicly identify all donors. Other people with ties to the company made donations as well.

And shortly after the Russians announced their intention to acquire a majority stake in Uranium One, Mr. Clinton received $500,000 for a Moscow speech from a Russian investment bank with links to the Kremlin that was promoting Uranium One stock.

At the time, both Rosatom and the United States government made promises intended to ease concerns about ceding control of the company’s assets to the Russians. Those promises have been repeatedly broken, records show.

Bailout For The Oil Industry??????WHAT!!!!!

The oil industry would like a US Tax payer bailout. How nice!

The same oil industry that just a few years back were making RECORD profits. Not record profits just in the oil industry. They were making record profits for all of human history.

Exxon made more profit than any company in the history of planet Earth. They did that while enjoying all kinds of tax breaks. The oil industry as a whole hardly pays any taxes at all. Little people pay taxes. Irrelevant people pay taxes. Gigantic oil companies should not be forced to help the common good.

The right wingers said if you want cheaper gas they need to drill baby drill. So they did. Earth quakes happened. Contaminated drinking water happened. But the new oil has meant lower prices. But now if you are not going to give all your money at the gas pump they want you to still give it to them through your taxes.

One way or another they want your money.

They tell you it is all about free markets. Let the free market decide. They say that until the free market decides to take away their profit and then they are not such big fans of the free market.

They say keep the government out of it. The only thing the government does is screw things up. They say that until the profits go bye bye and then they can't suckle up to the government bosom fast enough.

When poor people need government help the right wingers tell them to go to h*ll. It is every man for himself. Figure it out on your own. Don't look to the government for any thing.

They say that until the price of oil goes from $110.00 to $28.00 and then suddenly the government is their best friend. Then suddenly the government is the answer. Not the answer for poor people....They can still go to hell. But definitely the answer for super rich oil companies having a tough year.

Run to the government as fast as you can. Put your hand out for some of that free government money. Push the poor people out of the way and make yourself first in line. That is how it is done.

Poor people in Detroit are drinking lead tainted water and dying (10 dead so far) because the government would not bail out the poor people. If the government ever does bail out the fat cat oil guys there will be hell to pay you can be sure.

http://money.cnn.com/2016/01/14/investing/oil-bailout-us-washington/

62 PEOPLE HAVE AS MUCH MONEY AS HALF THE WORLD.......

Good News.........

62 people now have as much wealth as HALF THE WORLD.

http://money.cnn.com/2016/01/17/news/economy/oxfam-wealth/index.html

The wealthiest have seen their net worth soar over the five years ending in 2015.

Back in 2010, it took 388 mega-rich people to own as much as half the world.  (PROGRESS)

And the Top 1% own more than everyone else combined -- a milestone reached in 2015.  (OBAMAS POLICIES HAVE WORKED.....THE RICH ARE A LOT RICHER.)

The top 62 saw their net worth rise by more half a trillion dollars between 2010 and 2015, while the 3.6 billion people in the bottom half of the heap lost a trillion dollars.

"Wealth is moving rapidly to concentrate at the tippy, tippy top of the pyramid

The poorest 20% of the world -- who live below the extreme poverty line, living on less than $1.90 a day -- barely saw their incomes budge between 1988 and 2011, while the most prosperous 10% enjoyed a 46% jump.

Obama Plan To Fix The Middle Class.....More Unemployment Insurance.....

Obamas top priority this year is to pass the Trans Pacific Trade Agreement.  

Obama knows this agreement will kills many US Jobs.  He does not try to hide this fact.  He can't wait to do it.  

Republicans pretend they will stop this trade agreement but they will not stop it because Republicans LOVE killing US jobs just as much as the Democrats.  

Obama knows that once you lose your job (to his trade agreement) IF you should find another job it will probably pay you less money.  You don't need to worry though because Obama wants to set up new unemployment insurance "Scheme" to help you adjust to your new poorer lifestyle.

After 7 years of telling you he will fix the economy.....Telling you he will fix the dying middle class........ his final solution is more unemployment insurance.  Inspiring......

https://www.washingtonpost.com/politics/obama-to-propose-new-unemployment-insurance-plan-in-budget/2016/01/16/6e84caae-bc5e-11e5-b682-4bb4dd403c7d_story.html


President Obama will include a new wage insurance scheme in his budget next month that would provide supplemental payments to workers who lose their jobs and end up taking new ones at lower salaries.

The wage insurance payments could temporarily cushion the financial blow to displaced middle-class workers, including those hurt by free trade, globalization. 

(NOTICE FREE TRADE NEVER HURTS THE UPPER CLASS.  JUST THE MIDDLE CLASS GETS HAMMERED.  THE MONEY THAT USED TO GO TO THE MIDDLE CLASS WILL BE REDISTRIBUTED TO THE UPPER CLASS.  OBAMA FULLY SUPPORTS THIS AS DO THE REPUBLICANS.)

The president’s budget proposal will also include new protections for others who lose their jobs and training plans to help them get back to work quickly.  

(ONCE YOU LEARN HOW TO PUT FRIES IN THE FRY COOKER YOU WILL BE ON YOUR WAY.) 

The White House said Saturday that the wage insurance plan would replace half of a worker’s lost wages, up to $10,000 over two years, for those earning up to $50,000 a year.  

(SO CORPORATE AMERICA KILLS US MIDDLE CLASS JOBS AND POCKETS THE MONEY FOR THEMSELVES.  THE US TAX PAYER COVERS THE DIFFERENCE.  THE MONEY WILL BE TACKED ONTO THE NATIONAL DEBT WHICH YOU AND YOUR KIDS WILL PAY FOR LATER WHEN THEY CUT YOUR SOCIAL SECURITY. YOU LOSE ON THE FRONT END AND THEN YOU LOSE AGAIN ON THE BACK END.GREAT ISN'T IT?)

Many economists have backed wage insurance as a way to address falling incomes among the middle class 

(THESE ARE THE SAME ECONOMISTS WHO SAID FREE TRADE IS A GREAT THING AND WILL HELP THE ECONOMY.)

Fiat Chrysler Lying About Their Sales......

Fiat and Chrysler are lying to you about how well they are doing.  

If Chrysler sells a lot of cars then people buy their stock.  If people buy their stock the stock price goes up and their executives get rich.  

If nobody buys their cars then nobody buys their stock and executives get fired.

So what do you do if you aren't selling enough cars?  You LIE......  Make up the numbers.......  Falsify reports...........  This is capitalism baby......Telling the truth does not make people rich.  Fraud makes people rich.  

Fraud is exactly what Fiat Chrysler is doing to make you believe their company is doing great.  

Pay no attention to what is going on behind the curtain.

http://www.autonews.com/article/20160113/RETAIL01/160119818/dealerships-accuse-fiat-chrysler-of-falsifying-u.s.-sales

Two Fiat Chrysler dealerships that are part of a suburban Chicago auto group filed a civil racketeering suit against FCA, alleging the company offered dealers large amounts of money to report unsold vehicles as sold.

The federal suit, filed Tuesday in Chicago by two dealerships in the Napleton Automotive Group, alleges, among other claims, that FCA conspired with certain dealers to inflate the automaker’s monthly U.S. sales reports. The company has posted 69 consecutive monthly year-over-year gains after recovering from its U.S.-steered bankruptcy. 

The suit, filed by Kevin Hyde, an assistant general counsel for the dealerships, alleges that dealers were paid to report the false sales on the last day of the sales month and then “back out” or unwind the sales the following business day “before the factory warranty on the vehicles could be processed and start to run.”

The suit alleges that FCA officials were aware of the false reporting of sales and rewarded local managers for hitting sales targets -- even though the company knew the sales goals had only been met via false sales reports.

It says FCA directly benefited from the practice “as it results in the inflation of the number of year-over-year sales which, in turn, create the appearance that FCA’s performance is better than, in reality, it actually is.”

FCA officials, including CEO Sergio Marchionne, touted the monthly sales streak at the Detroit auto show this week. It's the longest current U.S. streak of any automaker. 

Fiat Chrysler shares at one point fell by nearly 10 percent in Milan today following theAutomotive News report of the suit, several news outlets said. The stock finished Milan trading down 8 percent to $6.84. FCA shares later in the day dropped 4 percent on the New York Stock Exchange to close at $7.53 a share.

one of the automaker’s business center managers at one point offered Edward Napleton $20,000 “to falsely report the sales of 40 new vehicles” at the end of an unspecified month.

The suit goes on to allege that the offer was made to Edward Napleton by the business center manager after one of the dealer’s subordinates had earlier agreed -- and falsely reported -- the sale of 16 new vehicles without Edward Napleton’s knowledge. The 40-vehicle offer was rejected by Napleton, the suit says, but led the dealer principal to discover the earlier 16-vehicle inflated sales report.

The suit says the $20,000 payment from FCA was to be disguised “as a co-op advertising credit to the dealer’s account” so as not to trigger a sales audit and expose the practice.

The suit further alleges that another Chrysler Jeep Dodge Ram dealer that directly competes with Napleton Chrysler Jeep Dodge Ram conspired with FCA and reported 85 false new vehicle delivery reports. As a result, the unnamed second dealership received “tens of thousands of dollars as an illicit reward for their complicity in the scheme.”

The suit also alleges that FCA rewarded dealers who had falsely reported sales of hot-selling vehicles by allocating more of them to sell in subsequent months -- despite the fact that the vehicles reported as sold were not actually sold.

FCA’s “pattern of conduct towards its dealers has been one of coercion and threats of termination having nothing to do with the actual performance of its dealers.”

The suit alleges that FCA manipulates an internal metric it calls MSR, or minimum sales responsibility, to threaten dealers who do not achieve sales goals. The suit says FCA “has not used MSR so much as a tool to evaluate dealers, but rather to cover up its practice of multi-tier pricing.”

It alleges that FCA also uses its MSR metric “to directly control and otherwise intimidate dealers to bow [to] its will under the constant threat of the termination of their dealerships for contrived defaults in FCA’s Dealer Agreement.”