Bonfire of the Absurdities in News New Format

Obama gives another sweetheart deal to his friends at GE

Obama gives another sweetheart deal to his cronies at GE. There’s no need for Kansas City Southern railroad (KSU) to go to capital markets for financing when it can tap the U.S. government for a “sweetheart deal” for 30 new GE locomotives. “This is not an industrial policy. It’s crony capitalism of the very worst kind.” Also a big wet kiss to GE for buying Volts.

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Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (5)

likwidlizard says:

February 25, 2012 at 8:12 pm

Are these locomotives going to be the new Super-rail machines running on that trillion dallor railway everybody is all in favor for?
Progressive Hemrrhoid says:

February 25, 2012 at 9:05 am

If these locomotives are anything like the rest of the useless Chinese made garbage that GE makes, they won't last a year without blowing up.
- poppajoe49 says:
  
  February 25, 2012 at 5:46 pm
  
  Did GE design the batteries and motor for the Volt?
Joe Redfield says:

February 24, 2012 at 4:48 pm

Are they solar powered locomotives?
- poppajoe49 says:
  
  February 25, 2012 at 5:55 am
  
  No, methane. They get it from all the bullshit coming out of the White House.