Obama Administration Threatens Harley-Davidson And Other Automotive Companies

whitehousecyrilhuzeblog1Companies without a Bank status, but authorized, under their state-issued charters, to collect federally insured deposits, offer credit cards, make loans and process financial transactions are called “Industrial Loan Companies” (ILC). Harley-Davidson, via its lending arm, is one of them. Under their ILC status these companies don’t face as much scrutiny as traditional banks regulated by the U.S. government. So, knowing the excesses of our banks, you imagine the “financial freedom” that these companies enjoy.

President Barack Obama wants to oblige these companies to register as bank-holding companies with the Federal Reserve, facing the same banks stricter oversight. If they refuse or don’t qualify with the Fed’s requirements, the government wants these companies to sell off their lending arms. So, if Harley would refuse, the company would no more be able to lend money to the buyers of its bikes. If Harley lending division would pass the Fed’s requirement and accept the status of bank-holding company, purchase loans would be tougher to get. Of course, you can expect a big fight with Treasury Secretary Timothy Geithner to have this administration proposal removed.

What do you think? Should Harley-Davidson lending practises be supervised by the government? If not, when in financial difficulties, should Harley be bailed out by our government with taxpayers money?

60 Responses to “Obama Administration Threatens Harley-Davidson And Other Automotive Companies”


  1. 1 Patrick Jul 10th, 2009 at 7:52 pm

    Great post. Harley should not be a bank and be supervised by the govt. If Harley makes subprime loans and lose money , no bailout. Let the company die and a new one being born from the remaining viable assets. It’s called capitalism on which this country was founded.

  2. 2 Brandon Jul 10th, 2009 at 7:57 pm

    Less government. By all means.

  3. 3 Brett Jul 10th, 2009 at 9:12 pm

    I agree. GM & AIG shouldn’t have been helped either. All these companies are just looking for an easy way out of their troubles & get more money to keep their billionaire owners living their fat cat life.

    Let the Harley employees take over again like in the 80’s. Willie G’s greed got them where they are & I still don’t believe they are in as rough of shape as they claim. Time to scale back. The bike boom is done. You can’t keep trying to live like it’s still going strong.

    No more government. This isn’t the USSR. Back to being America.

  4. 4 FUJI Jul 10th, 2009 at 9:45 pm

    If a company [ manufactuer ] wants to have their own lending, finance co [ state loop hole ] to sell their product so it may be but don’t come crying for federal aid [ FDIC ] when it all goe’s south.

  5. 5 nicker Jul 10th, 2009 at 9:55 pm

    If HD goes the way of the Obama, does that mean Barny Frank could make em sell scooters to those who can’t afford em………???

    Just wondering
    -nicker-

  6. 6 Indian Rider Jul 11th, 2009 at 12:32 am

    who cares! Harley ain’t special.. little waddle in their own republican mistakes!

  7. 7 DOG Jul 11th, 2009 at 6:45 am

    KEEP THE GOVERNMENT OUT OF THE BUSINESS AND OUT OF OUR LIVES THIS COUNTRY WOULD BE BETTER OFF

  8. 8 Scott Jul 11th, 2009 at 7:24 am

    This all fits right in with the grand scheme of socialism. Now that the “government” owns 60% of General Motors they feel they know what is best for business. I used to say borrowing from GE Capital Credit was like make a pact with the devil. Now that the government is in the loan business the terms are even worse. You got to love the ultimatum. Do business with us or your alternative will be worse. This reminds me of organized crime insurance schemes.

  9. 9 isaac Jul 11th, 2009 at 7:33 am

    Harley can’t have it both ways! Stay out of my business but bail me out if I make poor business decisions! NO WAY!!

  10. 10 Jim Jul 11th, 2009 at 7:49 am

    I can’t believe that America thinks that anything the president has done is ok. We have laws established in this country for all these situations. Why don’t we follow them? The government has NO business in private business. The people of this country need to wake up! BO is a socialist communist. America needs to do a little history homework. Look at people like Stalin and Hitler and you will see what is going on. Also, take some time and google “FEMA Concentration Camps”. If that’s not a wake up call, then you need to see your proctoligist to have your head examined! Tax payers should not be paying for any of what’s going on in this country. Our children and grand children have a fairly dim outlook because of it.

    Good reading: Ted, White, and Blue by Ted Nugent. AWESOME BOOK!

    Jim

  11. 11 Grayhawk Jul 11th, 2009 at 7:54 am

    Industrial Loan Banks do fall under FED and FDIC regulations in almost all cases to my limited knowledge, their parent Companies do not; Eaglemark Savings does, their parent company, H-D does not and should not be Federally Controlled by banking regulations specific no more than if your business is an incorporated business that has subsideraries should all entities of your business be controlled and overseen by the same and all and especially the Federal Government. This all flared up when special interest became concerned when Walmart applied because of concern they would dominate in the banking industry as they do in retail environment, far cry from HD in size and impact thus the grandfather and $100 m caps if I read that right?
    Target is one and has not been an issue, Walmart does the same now/gets around it now thru long term contracts with other banking entities operating within their stores just not their bank with them as parent and resultant shared/reduced/lesser profit resultanting shared with said contracting banking entities.

    Less government not more government, good government not miss-managed government and companies, enforcement of regulations already in place not more regulations. New and additional government rules/regs/oversight/ big brothering you support today to burden others from a perceived viewpoint of for the good and damning of them usually ends up giving you and yours less freedom and more oversght and burdens at some point in your future not readily apparent at the time or as presented as the issue, watch what you wish for. Always read between the lines and look behind the curtain to see who the puppetiers are that are pulling the strings and why and to what end. Just my read. You make your choices.

    Grayhawk

    Both sides of the issue below via applicable links in respect to what an Industralized bank is, what the FDIC Advisory Commitee has said in respect to, what the FDIC regs are as applicable, and lastly a specific news review of one mentioned:

    http://en.wikipedia.org/wiki/Industrial_loan_company

    http://www.fdic.gov/about/learn/advisorycommittee/ilc060204.html

    http://www.fdic.gov/regulations/examinations/supervisory/insights/sisum04/industrial_loans.html

    http://www.newsreview.com/reno/content?oid=46880

  12. 12 Stroker Jul 11th, 2009 at 8:03 am

    Jim, Hitler was socialo-communist???? LOL, LOL, LOL..

  13. 13 BD Jul 11th, 2009 at 9:37 am

    Keep the goverment out of business and our lives PERIOD!!! Everyone needs to remember these things on elction day. Most all of the politicians are crooks regardless of party so out with the old and in with the new each election. No more good ol boy network. All incumbants out.

  14. 14 Icy Jul 11th, 2009 at 10:25 am

    Hey BD,
    The election was last November. Too late now and by the time the next one rolls around there will be no turning things around. Most all of the politicians are crooks regardless of party has a lot of truth to it but last election at least we had a choice to vote for a American president but people didn’t give a shit.

  15. 15 Jim C Jul 11th, 2009 at 10:41 am

    Wow,I understand one side of the argument as to why they are doing what they are and I understand the other side of the argument as to why Govt should not be getting involved like they are. I believe they should be getting involved to a certain extent only to the point that what happened with the economy doesn’t happen again. I believe it happened because too many GREEDY individuals took advantage of loop holes within the laws to steal from those around them,ect. My problem with the scenario is where do you stop? It is also obvious that those same GREEDY individuals and/or companies/special interest groups are involved in the decision making process to ensure that in some ways they will be able to continue on with business as usual.
    It was said that change is needed and that is why Obama was elected. I did not vote for him but when he was elected,I said that as an American,I needed to be behind him and any decisions he was going to make. I believe that we all need to stick together as a nation especially in the context of how the rest of the world views us. My concern with all of the changes being decided on and voted in is to how much influence the GREEDY individuals/special interest groups/companies has had and continues to have in these changes that we all will have to live with. I have lost my confidence/belief that what is right will overcome what is wrong more times than not.
    The argument that if HD goes along with the govt and then fails,then HD would be eligible for assistance is just wrong. Govt is not perfect and who is too say that the way HD makes loans now is wrong? I don’t know the answers tho it seems like they are moving pretty fast and making a lot of different changes. I suppose they are getting this stuff done as it is usually much easier to get things changed earlier in the Presidency rather than later in his term. Too bad that time can’t be stopped for a littlebit so as to be able to go back and scrutinize what has been done and be able to change the different things that need to be tweaked,ect.
    The U.S.A. needs to stay a free nation. A Govt that does the right thing by its people. A Govt that is by the people,for the people,ect. Kinda idealistic on my part but the more we can get back to those principles the better we will all be. I can’t stand a thief or a liar and unfortunately we have too many thiefs and liars tht have figured out how to change the laws to benefit themselves.
    Just my .02

  16. 16 Knucklehead Jul 11th, 2009 at 11:34 am

    I believe in how this country works. But NOT in the direction it is headed. The man said in his campaign he’d change our great country and he is. He told us in that political babble he’d socialize us. And he is. I did not vote for him. I not blind.

  17. 17 Jeff Nicklus Jul 11th, 2009 at 12:17 pm
  18. 18 J. Pierce Jul 11th, 2009 at 1:01 pm

    Stay on the motorcycle topic, Jeff Niklus and stop your far right propaganda.

  19. 19 JC Jul 11th, 2009 at 1:23 pm

    The 2010 elections are coming……I hope we get it right this time and then finish it off in 2012…
    Why in the H*ll would we want to move toward socialism, higher taxes and government controlled everything?
    Isn’t that why we fought for our independence in the first place? I just don’t get it and unfortunately our kids are going to pay the price.

  20. 20 Jeff Nicklus Jul 11th, 2009 at 1:37 pm

    Comrade J. Pierce,

    That is on topic! So shove it!

    Over & Out,

    Jeff

  21. 21 Icy Jul 11th, 2009 at 3:56 pm

    Jeff,
    Thanks for posting the info on Osama Obama . I had already checked that out but everyone needs to this.

    And J. Pierce ,
    Go crawl back into the hole you crawled out of.

  22. 22 Kevin Langley Jul 11th, 2009 at 4:27 pm

    Right wing poltical pundits, you are a waste of netspace.

  23. 23 Jeff Nicklus Jul 11th, 2009 at 5:22 pm

    Kevin,

    Spoken like a true Democrat! Bet you support the “Fairness Doctrine” … right? The only way to beat them is to silence them … right?

    Over & Out,

    Jeff

  24. 24 Icy Jul 11th, 2009 at 8:45 pm

    Kevin ,
    What are you ? Ignorant !

  25. 25 Kevin Langley Jul 11th, 2009 at 9:53 pm

    More educated than you. Studied political science and can tell you for sure that you understand nothing about politics. How do you explain that all other republican countries fighting the same recession have almost the same political aproach than Obama. Can you answer this one? I repeat, they have republican presidents. I am sure you never traveled abroad, ignorant dude.

  26. 26 nicker Jul 11th, 2009 at 10:40 pm

    Jim C.

    RE:
    “…I have lost my confidence/belief that what is right will overcome what is wrong more times than not…”

    Yes sir.
    Welcome to reality.

    -nicker-

  27. 27 nicker Jul 11th, 2009 at 11:00 pm

    Kevin L.

    Reality Check:
    DARPA “Right wing poltical pundits” built your beloved “netspace.”
    (Not Al –my-father-was-a-lacky-for-Stalin’s-bag-man,-Armand-Hammer– Gore)

    And, -BTW- it had to be dummed-down with GUI “poke-n-hope” interfaces so that the “More educated” could use it.

    -nicker-

  28. 28 Boss Hawg Jul 12th, 2009 at 12:52 am

    Jeff Buddy,

    You go Man! Check out this link…the comments couldn’t come from a fairer man.

    http://www.fwditon.com/fwd/view/5997

    Boss Hawg

  29. 29 Icy Jul 12th, 2009 at 8:03 am

    Kevin Langley … your nothing more than an educated fool.

  30. 30 Woody Jul 12th, 2009 at 9:03 am

    Calm down and don’t hog the popcorn, guys. This is gonna look like an oil discussion soon 🙂
    The danger in arguing with a clown is that he may be doing the same thing 😉

  31. 31 RJ Jul 12th, 2009 at 11:57 am

    thank god for people like Jeff and Boss!!

  32. 32 Woody Jul 12th, 2009 at 12:20 pm
  33. 33 Woody Jul 12th, 2009 at 12:23 pm

    FWIW, I’m watching an excellent financial show on ch 10 (PBS Milwaukee) and yup, we’re screwed. But I’m not gonna preach because none of you is really in a position to change anything until the next election at which time if we get the same quality candidates to choose from………………………

  34. 34 Jeff Nicklus Jul 12th, 2009 at 2:15 pm

    Kevin,

    Please enlighten me as to what other countries and Presidents of those countries you reference.

    FYI: I would be happy to compare my education with yours and yes, I have traveled the world! One more thing Comrade, in the words of “Dorothy” …”There is no place like home!”

    Boss,

    I have received that email in the past … how true it is, however, the situation we now find ourselves embroiled in has nothing to do with race ….. this is all about a Political Ideology and what is in the best interest of The United States of America. I am most interested to hear what Mr. “I studied Political Science” above has to say. I am certain he will name one socialist country after another … if he even responds.

    Going to the Black Hills this year? If so make sure you stop by and say hello.

    Over & Out,

    Jeff

  35. 35 G. De Larosa Jul 12th, 2009 at 2:58 pm

    Jeff Nicklus,

    You are educated? Prove it. Which countries below are right now governed by a party in the center, center right & right? (The President & the Prime Minister may belong to 2 opposite parties). How many offer universal health insurance. How many offer it since more than 50 years? Which countries are considered to offer the best medical prestations in the world for the cheapest price? Which of these countries are right now, like here, helping their banks/ airlines/auto manufacturers/etc by lending taxpayer money.. What is the official jobless rates of these countries. Do your homework. You will learn something. At least, that Texas is not the center of the world.

    Ausria Heinz FISCHER
    -Bulgaria Georgi PARVANOV
    -Cyprus Tassos PAPADOPOULOS
    -Czech Republic Mirek Topolánek (prime minister)
    -Denmark Anders Fogh Rasmussen (prime minister)
    -Estonia Toomas ILVES
    -Finland Tarja HALONEN
    -France Nicolas SARKOZY
    -Germany Horst KOEHLER
    – United Kingdom Gordon Brown (prime minister)
    -Greece Karolos PAPOULIAS
    -Hungary Laszlo SOLYOM
    -Reppublic of Irland Mary MCALEESE
    -Italy Giorgio NAPOLITANO
    -Latvia Valdis ZATLERS
    -Lithuania Valdas ADAMKUS
    – Luxembourg Jean-Claude JUNCKER (prime minister)
    -Malta Edward FENECH ADAMI
    Netherlands Jan Peter Balkenende (prime minister)
    Poland Lech KACZYNSKI
    Portugal Anibal Antonio CAVACO SILVA
    Romania Traian Băsescu
    Slovakia Ivan GASPAROVIC
    Slovenia Janez DRNOVSEK
    Spain José Luis Rodríguez Zapatero (prime minister)
    Sweden Fredrik REINFELDT (prime minister)

  36. 36 nicker Jul 12th, 2009 at 3:48 pm

    G. DeLa….

    RE:
    “….Which countries below are right now governed by a party in the center, center right & right?…”

    What you or they call them selves or their government (Hitler called himself a National Socialist). What’s more interesting is how these people’s governments work for their constituents.

    For example: In the UK the have no tolerance for “self defense”…. Even a stake knife is considered an illegal weapon.

    We all know this so regardless of the political “labels” anyone places on them.
    Bottom-lien, they are not the sort-a place we’re interested in living.
    That’s the real world knowledge that’s required to stay free, not some Poli-Sci esoterica.

    RE:
    “…How many offer universal health insurance. How many offer it since more than 50 years? Which countries are considered to offer the best medical prestations in the world for the cheapest price …”

    Once again, the issue here is not about what you or they call it, rather the issue is over how it works, what it costs, and how it’s funded.

    I’m not at all interested in how many people are being “covered.”
    I’m interested in the quality of the service that is available at the time it is needed.

    None of us care that 100% of Cubans can get free asparin.
    Far more important is can they get an MRI when they need it?

    That’s my political metric for a free society, how it works for me, not what anyone calls it.

    And, -BTW- i was born in Europe and managed to escape the “Socialist Quagmire.”
    If you think it’s so cool, be my guest and go live there.
    But leave the rest of us alone.

    -nicker-

  37. 37 Grayhawk Jul 12th, 2009 at 5:14 pm

    G. De La, one doesn’t have to be educated to play games, you only proved your educated enough to google but maybe not to interperate same charts, I am sure of one thing your right about ; Europe is not comprised of the same breakdown as Texas in political persuasions but one might bet a few of the Countries on that list that aren’t any bigger or as big as a couple cities and their metro areas in Texas might wish they had Texas economics going on about now even in the mist of the threatening economical environment in Texas.

    Sometimes it takes one that has lived in places outside what we take for granted to see what we might become if we keep changing for the perceived popular movements of the moment.

    Most of the info you seek is on link below but it is for sure not my outlook for a better America and quite a few of their imigrants have come here despite all our faults. America can/has – be/been brought to its knees in an OPEC and Speculators driven oil price spiked heartbeat and the popping of a housing bubble that should never have been enabled by the corrupt entitled/leveraged/over extended of us to the levels of the unsustainable, when all happens in the same snapshot in time the train comes to a screeching halt. Only good side is it exposing every Ponzi Schemer, manipulator , crooked power seeking politically empowered self serving special interest puppets for what they are, bad side it is at the expense of America it’s and our futures, yours included maybe.

    Time to fix it it but not revert to centuries old failings of economic styles. God Bless Texas.

    http://www.elections2009-results.eu/en/index_en.html

    Grayhawk

  38. 38 G. De LaRosa Jul 12th, 2009 at 8:07 pm

    Eactly what I thought. None of you has any cross-border political knowledge or understanding. Nicker and Graywawk.

    1- The links you indicate give you the European election results. It’s a party election. It’s not a representation of who is the President (or Prime Minister) in each country! Far from it. A country may have a Republican President and a Democrat party representation in the European parliament. In addition there are from 3 to 12 political different parties in each European country.

    2- Universal Health coverage in Europe is a system by repartition, like retirement. Everybody pays a percentage of his income with a ceiling. Everybody is covered at 100% all his life with no exclusion possible for pre-existing condition. Anyone can get any treatment, of his choice any time, immediately as many times he may need. Contrary to what the US Republicans pretend, nobody has ever to wait for any approval from a doctor or government to be treated. It’s usual US republican propaganda to protect the pharmaceutical companies financing their elections. Europe has overall a much higher level of quality prestations than the US. Germany, UK, France have some of the largest pharmaceutical companies in the world,

    3- Explain to me why a medication coming from a US pharmaceutical company is sold in Europe at 10% of the American price? I tell you why. Because no US or local pharmaceutical company can lobby any government in Europe (because of the universal health system). By law, no commercial entity can finance any party.

    4- 60% of bankruptcies in the US are linked to medical bills. In Europe: 0%. Btw there are no bankruptcy laws for individuals because they don’t need them.

    5- Kevin Langley is right. The most important european countries with a governing republican majority support and adopted the same economic measures that we know here as applied by President Obama. None of them, like Obama, think that it is fair to bailout those who created the mess. But unfortunately, there is no other choice. All G20 and G8 meetings include requests of its members that President Obama impose new regulations to Wall Street, Banks and Insurance companies because the mess was exported by the US to the rest of the world via foreign banks. And I want to add another example. There is no credit card debts in Europe because Europeans use (92% of them) debit cards, not revolving credit cards considered dumb financial instruments, except for banks of couse. There are no ELOC in Europe, So foreclosures are almost unknown. For this, it is a very healthy system. Not for everything, but for all the above, yes. I can also talk about the negative if you wish, but is it a motorcycle website?

    If you wonder, I am born here, live here, but work part time and is paid in Europe with all its benefits. I don’t say that Europe is better for everything, but none of l what you say is true.

  39. 39 nicker Jul 12th, 2009 at 9:03 pm

    G. Del….

    RE:
    “…because the mess was exported by the US to the rest of the world via foreign banks…”

    Yes, because the US liberals tried to game the free market with unrealistic requirements.
    And the market simply acted on those requirements to suit it’s purposes (which is to make money, not redistribute capital).

    RE:
    “… european countries with a governing republican majority support and adopted the same economic measures that we know here as applied by President Obama…”

    Sure, because they don’t want a market solution, they want a Government management solution. And they want the bad debt they purchased from the US to be backed up (bailed out).

    RE:
    “…Universal Health coverage in Europe is a system by repartition…”

    Yes, and like any under funded retirement system, the end-user will be shorted to make up that loss (see England).

    RE:
    “…Explain to me why a medication coming from a US pharmaceutical company is sold in Europe at 10% of the American price? …”

    Simple, Lawyers, Lawyers, Lawyers……
    The cost and liability of drug development here is going through th roof. So, the drug Mfg.s are now moving off shore.

    RE:
    “…60% of bankruptcies in the US are linked to medical bills. In Europe: 0%. Btw there are no bankruptcy laws for individuals because they don’t need them….”

    Don’t know those stats…. ???
    But, judging from my extended family living in Germany, If it hadn’t been for my Uncle’s building up a robust Engineering Company after the war, today my cousin (an Astro-Physicist) wouldn’t be able to afford the house he lives in.

    The part of the familiy that got trapped behind the Iron Curtain after the war is living a third world existence.

    They haven’t had the ability to over extend themselves financially. For an individual to go bankrupt in that context is not as relevant as it is here in the US.

    -nicker-

  40. 40 Icy Jul 12th, 2009 at 9:33 pm

    G. De Larosa ,
    You are another educated fool on the loose.
    Screw YOU I’m From Texas

  41. 41 G. De LaRosa Jul 12th, 2009 at 9:39 pm

    Nicker. Very disappointed by your poor answers. You seem very confused. And now you talk about the part of your family trapped behind the Berlin Wall. What communism has to do with Obama policies? It’s not the subject. Evidently you don’t understand very much about our country politics and know zip about today’s Western Europe. End of the discussion till’ you educate yourself with an open mind.

  42. 42 Grayhawk Jul 12th, 2009 at 10:18 pm

    Silly me, you got me G. De la, I did not know the Presidents and the Prime Ministers Governed, I thought they were of the Admistrative branches I always was under the premise the Congress’s and Legislative branches/seats of governments governed unless under a dictatorship.

    Plus I said most can be refernced if you read it before you started your hyper ventilating gotcha in type. The point with the one link and no it was not plural links referenced thus was making my point with respect to one point of reference not each and every one even the uneducated understands that and that you do not necessarily have to have worldly educations as such to list a few countries and look up the elected names and party ties just google each point of interest and you usually can get the info you want and a pretty good education awaits you if you read thru rhetoric and stick to resultant facts.

    Thus the Presidents and Prime Ministers political affililations are just a click away if you need self humor or gratification as such your attempted baiting of Jeff was ridiculous. A child like homework assignment request you presented maybe I am off base maybe it was just your homework listing you were merely outsourcing help on.

    Nicker seems to have crossed a border or two by choice as his rebuttal points reflect. I have been abroad a bit myself and love the historical beauty of a lot of places in the world and their cultural contributions to all but just happen to think America is still where I choose to be.

    As far as your bailout point you might find if you sought it out that some of the first in line receipiants for and of the Banking and Wall Street bailout funds were not of the United States. But not many acknowledged same point. Not all Wall Street Companies are American solitaire some have no American affiliations other than the tapping of what was the worlds biggest economy; AIG’s International make-up maybe for one?

    I sure hope your not naive to the point you do not think Europeon leaders are not influenced by commerical interest because of law. Both sides of the pond are culpable.

  43. 43 Jeff Nicklus Jul 13th, 2009 at 9:41 am

    Nicker, Grayhawk & Icy,

    Damn, I knew I should have gotten on my computer last night instead of watching the NHRA Finals from Denver ….. you guys have picked all the fresh meat off the bones of poor G. DeLaRosa.

    One thing I might add: “G” maybe the President of The United States as well as ALL of the European leaders should come to Austin, Texas and sit down and look closely at this state and how we operate. Texas operates on a BALANCED BUDGET, without the need of personal income tax, or corporate income tax, no one is dying on the streets from lack of medical care and God knows we are taking care of a tremendous number of illegal aliens here. Further, numbers just released this morning show that new small business start ups, in the Great State of Texas, were up during the last 12 months (even in light of the current economic state in this country and the world) crime numbers state wide are down and, are you ready for this ….. Texas will bank a SURPLUS of apx $9 Billion Dollars this fiscal year. All this with a Republican Governor and Congress …… imagine that!

    Wish I could stay longer guys but it is Monday after all and we do have a little event in the Black Hills coming up that we have to get ready for. You are coming “G” aren’t you?

    Over & Out,

    Jeff

  44. 44 Walt Lumpkin Jul 13th, 2009 at 9:46 am

    Hey guys. It is not in your best interest to continue to argue your points with G. De Larosa.
    Obviously none of us are intelligent enough to understand the brilliance before us. I suggest
    we all chip in and buy him a plane ticket (one way) to any of these great countries he lauds
    over the capitalist inspired US. I bow to you comrade GDL. Long live Marx, Lenin and Stalin.
    Their system worked out so well for their citizens.

  45. 45 customfighterer Jul 13th, 2009 at 11:07 am

    soooo why dont you all just come out and say openly that your racist and proud?

  46. 46 Jeff Nicklus Jul 13th, 2009 at 11:28 am

    Customfighterer,

    Anyone who doesn’t like or agree with the Great Messiah has to be a bigot or racist huh. That is bad when you have no more argument in you than that. Go back under your rock and wait for your new marching orders from Washington!

    Over & Out,

    Jeff

  47. 47 Walt Lumpkin Jul 13th, 2009 at 12:00 pm

    Customfighterer: You have to be a shallow individual to assume disagreement with someone of a different ethnic background makes someone a racist. I know Teddy Kennedy is an alcoholic,
    drug addicted, womanizing scion of a family whose source of wealth was aiding and abetting
    orgaized criminals during prohibition. He is also guilty of at least vehicular homicide and drunk driving. I guess my disdain for him makes me anti-Irish?

  48. 48 Jeff Nicklus Jul 13th, 2009 at 12:56 pm

    Walt,

    Now you have gone and done it! There will be NO Green Beanie for you at this years St. Patricks Day Parade!

    Over & Out,

    Jeff

  49. 49 Obamabot Jul 13th, 2009 at 1:57 pm

    CHANGE!

  50. 50 Jeff Nicklus Jul 13th, 2009 at 5:06 pm

    I am sorry (Not Really) I have to pass this along for my liberal friends….

    Sometimes you are encouraged about our country’s future when you see something like this. Specifically, there is an annual contest at Texas A&M University calling for the most appropriate definition of a contemporary term.

    This year’s term was “Political Correctness.”

    The winner wrote:

    “Political correctness is a doctrine, fostered by a delusional, illogical minority,
    and rabidly promoted by an unscrupulous mainstream media, which holds forth
    the proposition that it is entirely possible to pick up a turd by the clean end.”

    ….and that my friends nails that!

    Over & Out,

    Jeff

  51. 51 RJ Jul 13th, 2009 at 7:55 pm

    I just wanna know where the next “white” bike week will be held…but I suppose that would be racist right?

  52. 52 nicker Jul 14th, 2009 at 2:25 am

    Walt,

    RE:
    “…I suggest
    we all chip in and buy him a plane ticket (one way) to any of these great countries he lauds
    over the capitalist inspired US…”

    Le-me suggest this an an alternative:
    To all those “bikers” who want to live in a Socialist state, instead of trying to transform the country into their image of utopia how about letting them create their own Commune.

    They get a lawyer to draw up a contract by which they can function communally.
    Throw their pay checks and everything they own into the hat and Live The Dream.
    It’s been tired before (Onida Colony, Jones Town, Israil …..).

    Hay G. De La…. go do that, then get back to us about “change.”

    -nicker-

  53. 53 Jeff Nicklus Jul 14th, 2009 at 3:57 pm

    Nicker,

    It was my thinking that just a place, as you reference, already exists, it is caled: “The People Republic of California” …. it is time for you to move to Texas my friend!

    Over & Out,

    Jeff

  54. 54 nicker Jul 14th, 2009 at 9:11 pm

    Jeff,

    I hear ya, my friend…….. 🙁
    But can’t give up the ship just yet.

    Finally finished putting in a new redwood deck and dock..
    – over 2000 screw
    – each screw countersunk 1/4 inch
    – each needed a wooden plug cut
    – each plug had-ta be glued into place over it’s screw
    – and belt sanded flush
    – then the entire deck was sanded flat & stained

    Am in the process of finishing off the Art-deco railing.
    Will put the Redwood top-rail in place after i come back from this year’s ride.

    -BTW-
    This year we’re going back up into Montana (hopefully no more snow storms) and may swing through Sturgis on the way back home.
    Could see ya there….????

    -nicker-

  55. 55 willie Jul 14th, 2009 at 11:30 pm

    OBAMA IS A SOCIALIST…………….. GOD BLESS THE USA .

  56. 56 Jeff Nicklus Jul 15th, 2009 at 9:47 am

    Nicker,

    We are set up in Lead at the Manual Brothers Park … hope you can make it!

    Over & Out,

    Jeff

  57. 57 Jeff Nicklus Jul 15th, 2009 at 9:53 am

    I received this info from a friend earlier this morning and I thought it worth mentioning ….

    Hold on to your wallets if you have acheived any success whatsoever. The new “Health Care Reform” bill that no one has read completely contains the following:

    1. Small business with payroll of $250,000+ will pay an additional 8% payroll tax to fund the HCR. That is in addition to the 7.4% SSI and other state and local payroll taxes just for the priviledge of employing someone.

    2. An individual making $250,000+ ($300,000 couple) will pay a 1% surtax. It is not enough that people in this income bracket already pay 90% of the federal taxes paid.

    3. An individual making $1 Million+ will pay a 5.4% surtax. (Actually I read this morning that this figure has been lowered to $450,000!)

    As onerous as this is the bottom line is that if the proposed taxes above do not generate the money necessary to pay for ObamaCare the taxes will double in short order.

    And more frightening is that this is another 1000 page plus bill that has been presented at the last minute with no public input and none of those voting for it have even read it. Don’t care if you are Dem or Rep that fact alone should scare the hell out of you.

    And you supporters who say Obama is not a socialist. Karl Marx would be so proud.
    “From those with the means to those with the need.”

    Over & Out,

    Jeff

  58. 58 Ritchie Jul 16th, 2009 at 9:31 am

    Everyone that voted for this BS will tell you ” I don’t think they don’t care about the people or the country, they are trying to do the right thing “. I would recommend watching “Freedom to Fascism” and keep an eye out for Ron Paull. I do not recall who said this but here it is ” The only way for evil to succeed is for good men to do nothing ” wake up out there !

  59. 59 auto news Dec 15th, 2011 at 10:34 am

    I?ve learn a few excellent stuff here. Definitely price bookmarking for revisiting. I wonder how a lot attempt you put to create one of these wonderful informative website.

  1. 1 Obama Administration Threatens Harley-Davidson And Other … « Automotive Blog Pingback on Jul 11th, 2009 at 7:02 am
Comments are currently closed.
Cyril Huze