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Tuesday, December 09, 2008


 

Offensive quote of the day


"Everyone is going to get a haircut—management, bond holders, labor, dealers."

- Nancy Pelosi
Straight out of the "law, in its majesty, forbids rich and poor equally from sleeping under bridges" school of "fairness." Yes, workers and management should each get a 20% pay cut. Workers salaries will go from $40,000 to $32,000, and management salaries will go from $1,000,000 to $800,000. The latter will really have to suck it up. Why, they'll have to drop down to premium brands from ultra-premium brands. Maybe stay at a four-star hotel once instead of only five-stars.

The workers in the auto industry who Pelosi was referring to here have already conceded giveback after giveback. One more "haircut" and they'll be completely bald.


Why stop here? There's more...

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