TALK & OPINIONS BY SILVIO CANTO JR.

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Archive for November 2018

Friday’s show: A chat with Joao Cerqueria author about the politics of Europe

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Written by scantojr

November 30, 2018 at 9:00 pm

Friday’s video: Obama Care enrollment is down from last year

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Written by scantojr

November 30, 2018 at 1:30 pm

The only winner of the GM bailout was Obama 2012

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Back in 2012, the Obama reelection team reminded us that they got Osama bin Laden and saved GM. 

It probably gave Obama Ohio at less than 200,000 votes out of 5 plus million cast.  It did not hurt in Michigan.  It certainly energized the unions to cast ballots for the man who “saved” their jobs.

Yes, they got Osama bin Laden.  But they didn’t really save GM or do the workers any favor on a long-term basis.

Looking back, the GM bailout was a partisan band aid.  I like what Kevin D. Williamson wrote about this:     

What did U.S. taxpayers get for their $11.2 billion bailout of GM? About ten years of business-as-usual, and one very expensive lesson.

Bailouts don’t work…

GM’s sedan business is weak because GM’s sedans are weak: Virtually all of the best-selling sedans in the United States are made by Toyota, Honda, and Nissan. 

The lower and middle sections of the market are dominated by Asia, and the high end of the market by Europe: Mercedes, Audi, BMW. GM can’t compete with the Honda Civic at its price point or with the Audi A7 at its price point. 

Consumers like what they like, and they aren’t buying what GM is selling. It isn’t winning in the dino-juice-powered market, in the electric-car market, or in the hybrid market, either: GM is not exactly what you would call a nimble corporation.

So, things are grim for GM.

On the car front, anyway. GM has a much healthier business selling trucks and SUVs, a business that it now will focus its resources on — as it should have done long ago. 

Why didn’t it do that?

With all due respect and concern for the employees out in the cold, GM should have been allowed to go into the bankruptcy courts.   

Yes, I understand that some jobs would have been lost.  However, all that the bailout did was to keep a business going that was going to eventually lay off people.

The GM bailout was a classic case of government picking winners and losers.   

A better solution would have been what they call a managed bankruptcy.  In other words, allow GM to restructure itself, leaving the courtroom as a healthier enterprise more in tune with the reality of the market.  

PS: You can listen to my show (Canto Talk) and follow me on Twitter……..

 

Written by scantojr

November 30, 2018 at 6:37 am

Thursday’s show: The Mueller probe, GM bailout, DACA & the wall plus other stories

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We will look at the Mueller probe…..where is the investigation headed?…….DACA and the wall…….Caravans and the border…….GM bailout…….George Harrison 2001…..Ernesto Lecuona 1963………….and other stories…….click to listen:

http://www.blogtalkradio.com/cantotalk/2018/11/30/the-mueller-probe-gm-bailout-daca-the-wall-plus-other-stories

//percolate.blogtalkradio.com/offsiteplayer?hostId=4735&episodeId=11092331

Written by scantojr

November 29, 2018 at 5:00 pm

Thursday’s video: The GM bailout a few years later

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November 29, 2018 at 2:00 pm

A wall plus DACA

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As we move toward 2020, the GOP has to improve its standing with Hispanics, as our friend Richard Baehr wrote here last week.

Let me make this suggestion to President Trump and the GOP: the wall plus DACA!

Negotiate the wall, plus other actions to curb illegal immigration, and legalize the so-called “DREAMers” who meet certain standards.

I like what Donald Graham wrote:

Earlier this year, the president offered to give a chance for legal status not only to nearly 700,000 “dreamers” – those undocumented immigrants [sic] brought to the United States as children – through the Deferred Action for Childhood Arrivals program but to a million others who were either too young to apply or chose not to.  (I presume that, to get legal status or a path to citizenship, all 1.7 million would have to show, as DACA recipients do, that they have never been convicted of a felony or a serious misdemeanor.)

Why not pass a simple bill: an appropriation for the wall, alongside an eventual path to citizenship for DACA recipients and long-term legal status for the rest?

It sounds like a sensible compromise to me.

President Trump gets the wall and keeps a promise.  The Democrats get DACA. 

Best of all, you do away with a contentious issue that the Democrats keep using against the GOP.

Will it happen?  I’m not sure that it will happen in the lame duck session.

However, the Democrats need to do something in the majority.  They can’t come back in 2020 and say it’s all Trump’s fault.

Also, opposing the wall is going to be a lot more difficult for Democrats after what we’ve seen on the border over the last two weeks. 

Before you tell me I’m calling for amnesty, let me repeat that many of these “DREAMers” are already here.  Many are working and going to school.  It makes no sense to keep them without a legal status any longer.  Obviously, anyone with an additional criminal background will not be approved.

So let’s think: DACA and the wall.  My guess is that most Americans will support that.

PS: You can listen to my show (Canto Talk) and follow me on Twitter.

 

Written by scantojr

November 29, 2018 at 9:20 am

Posted in US politics

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Wednesday’s show: A chat with Richard Baehr, Chief Political Correspondent American Thinker

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Written by scantojr

November 28, 2018 at 5:00 pm