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Mark Steyn: We're in the fast lane to Bailoutistan
Orange County Register ^ | 12/19/08 | Mark Steyn

Posted on 12/20/2008 5:55:36 AM PST by tips up

General Motors now has a market valuation about a third of Bed, Bath & Beyond, and no one says your Swash 700 Elongated Biscuit Toilet Seat Bidet is too big to fail. GM has a market capitalization of about $2.4 billion. For purposes of comparison, Toyota's market cap is $100 billion and change (the change being bigger than the whole of GM). General Motors, like the other two geezers of the Old Three, is a vast retirement home with a small money-losing auto subsidiary. The UAW is AARP in an Edsel: It has three times as many retirees and widows as "workers" (I use the term loosely). GM has 96,000 employees but provides health benefits to a million people.

(Excerpt) Read more at ocregister.com ...


TOPICS: Culture/Society; Editorial; Government; News/Current Events
KEYWORDS: 110th; bailout; marksteyn; steyn
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To: tips up
And when Gov. Girlyman has run out of state taxpayers to fleece for his ever-more-bloated bureaucracy, he'll go to Washington to plead for a federal bailout of Cantaffordya.

What Steyn does isn't writing - it's art - melting clocks art.

61 posted on 12/20/2008 9:12:07 PM PST by GOPJ (Gun Control-:- like trying to control stray dogs by neutering veterinarians.- G. Jonas)
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To: tips up; Fiddlstix; PhilDragoo; Liz; onyx; potlatch; devolve; MEG33; Grampa Dave; Lady Jag; ...
General Motors now has a market valuation about a third of Bed, Bath & Beyond, and no one says your Swash 700 Elongated Biscuit Toilet Seat Bidet is too big to fail. GM has a market capitalization of about $2.4 billion. For purposes of comparison, Toyota's market cap is $100 billion and change (the change being bigger than the whole of GM). General Motors, like the other two geezers of the Old Three, is a vast retirement home with a small money-losing auto subsidiary. The UAW is AARP in an Edsel: It has three times as many retirees and widows as "workers" (I use the term loosely). GM has 96,000 employees but provides health benefits to a million people.

- - - - - - - -

Classic Mark Steyn!!!

Ping! Ping! Ping!

62 posted on 12/20/2008 11:04:46 PM PST by MeekOneGOP (Obama, WHO is Bill Ayers and WHY are you still friends with him? Please RSVP asap!)
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To: knews_hound

Ad Hoosiermama to that list please.


63 posted on 12/21/2008 12:05:20 AM PST by hoosiermama (Berg is a liberal democrat. Keyes is a conservative. Obama is bringing us together already!)
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To: MeekOneGOP
What a great piece by Steyn!

Of course, that's not unexpected. ;o)


"The UAW is AARP in an Edsel: It has three times as many retirees and widows as "workers" (I use the term loosely). GM has 96,000 employees but provides health benefits to a million people."


Nail...meet head.

64 posted on 12/21/2008 12:11:29 AM PST by dixiechick2000 (Tagline lost due to the lack of a bailout.)
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To: dixiechick2000

Yes! That is EXACTLY the line that grabbed me too!!

Steyn is GREAT!!!

Well ... time to head out for the day.

Have a super day! :^D


65 posted on 12/21/2008 8:05:41 AM PST by MeekOneGOP (Obama, WHO is Bill Ayers and WHY are you still friends with him? Please RSVP asap!)
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To: tips up

Does anyone else hear Mark Steyn’s voice when reading his work? Followed by “It’s a Marshmallow World”?


66 posted on 12/21/2008 8:09:40 AM PST by Cinnamon Girl (G-d Bless President Bush. He kept us safe.)
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To: MeekOneGOP

good read!
thanks for the ping


67 posted on 12/21/2008 11:47:11 AM PST by FBD (My carbon footprint is bigger then yours)
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To: Popman

Here’s a little piece of heaven. Duet by Dinah Shore and Ella Fitzgerald, from the Dinah Shore Show:

http://www.youtube.com/watch?v=Skth17Ky-HA


68 posted on 12/21/2008 12:26:40 PM PST by GVnana ("I once dressed as Tina Fey for Halloween." - Sarah Palin)
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To: FBD

You bet!

Thank YOU. :^D


69 posted on 12/21/2008 11:01:23 PM PST by MeekOneGOP (Obama, WHO is Bill Ayers and WHY are you still friends with him? Please RSVP asap!)
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To: MeekOneGOP

Thank you for the ping, Meek!

Ping, ping, ping for Mark Steyn!


70 posted on 12/21/2008 11:12:13 PM PST by Slip18
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To: Slip18

Thank you!

I love this guy.

I am a talk show junkie. When the Dallas Stars pre-empt
Laura Ingraham or Mark Levin on WBAP, I click over to
local 660AM KSKY radio and listen to Hugh Hewitt and
Dennis Miller. Hugh Hewitt has Steyn on his show a LOT,
and he is as good on the air waves as he is to read let
me tell you !!!!

:^D


71 posted on 12/21/2008 11:25:51 PM PST by MeekOneGOP (Obama, WHO is Bill Ayers and WHY are you still friends with him? Please RSVP asap!)
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To: y'all

WBAP 820AM, of course!

http://www.wbap.com/


72 posted on 12/21/2008 11:35:24 PM PST by MeekOneGOP (Obama, WHO is Bill Ayers and WHY are you still friends with him? Please RSVP asap!)
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To: MeekOneGOP
Steyn's on-air banter contains more thunderous artillery and crackling small arms fire than the entire Ken Burn's Civil War series.
73 posted on 12/21/2008 11:39:47 PM PST by PhilDragoo (Hussein: Islamo-Commie from Kenya)
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To: PhilDragoo

Amen! Yesssssssirrreeee !!


74 posted on 12/22/2008 7:41:11 AM PST by MeekOneGOP (Obama, WHO is Bill Ayers and WHY are you still friends with him? Please RSVP asap!)
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To: tips up
GM has 96,000 employees but provides health benefits to a million people.

Makes it pretty obvious who really is behind the push for Gubmint (Socialized) Health care.

On that alone, they'd save a fortune. I wonder how many other industries are in similar straits?

75 posted on 12/22/2008 7:43:43 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Mrs. Don-o
I laughed too as I read this article, intoxicated by Mark Steyn's brilliant wit, but also felt like crying a bit, sobered by the thorny realities embedded within his florid prose. We are in great trouble as a nation, and Mark Steyn, our greatest living writer, lays it out plainly for all to see.

Is it still possible to satirize that which is not merely absurd, but quite literally insane? Granted, Folly is funny. Human beings do possess a great capacity for self-delusion, the mockery of which has provided artists many fertile fields to work over the centuries. But what happens when an entire culture falls prey to reckless behavior and short-sightedness? When willful fantasy becomes the dominant path and reality only an inconvenient detour?

It is only human to laugh at our own foibles, but at some point the joke is, and will be, on us.

76 posted on 12/22/2008 5:28:49 PM PST by andy58-in-nh (Liberty has few friends, many enemies, and no adequate substitute.)
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To: tips up

BTTT for anyone who missed it.


77 posted on 12/23/2008 5:28:12 AM PST by mewzilla (In politics the middle way is none at all. John Adams)
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