GM Continues to Kick Ass

GM aka General Motors aka Government Owners continues to KICK ASS! The trash on the right was praying for GM to fail just to make Obama look bad.  The fact is, while traitor vulture capitalist Mitt Romney was wanting the US car makers to go down the tube,the auto bailout the Bush administration already had the auto bailout in the works.  Obama merely expanded it. The righties Mitt Romney and Paul Ryan are not only stupid and wrong, they are also anti-Amercan subversive corporatists.

Perhaps the greatest glutton mobile ever made!

I can here my fatlings oinking now, "Thats all well and good Fat Bastard but where's the fat angle" and to that I respond, "The fat friendly Chevy Tahoe and the fat friedly Cadillac Escalade" And for the medium sized oinkers they have the impressive Cadillac CTS and the award winning Chevy Impala. For the thinlings they have the Chevy Volt, the world's best selling plug in hybrid.

GM's Future Is So Bright

For master investor Warren Buffett, cars are in and groceries are out.

The chairman of Berkshire Hathaway Inc. has sharply boosted his stake in General Motors, while cutting stakes in packaged food companies Kraft and Mondelez.

As of June 30, Berkshire had 40 million shares of the auto maker, according to a filing on Thursday with the Securities and Exchange Commission. That's up 60 percent from the stake Berkshire reported March 31.

Buffett is buying GM shares as the U.S. government is winding down its position in the automaker that resulted from the tax-payer bailout of GM in 2009. The government took a 61 percent majority stake in the company with about 500 million shares. At the end of 2012, the Treasury announced that it would begin exiting its position and hopefully be done with GM ownership by the beginning of 2014.

The United Auto Worker's healthcare trust is also a significant stakeholder, having swapped what GM owed it before the bankruptcy for shares in the company.

The Treasury reported last month that it has received net proceeds of about $877 million in July from its GM sell-off, which follows a sale of about $2 billion in June.

After Berkshire Hathaway, the next leading institutional shareholders are Vanguard Group with 35.6 million shares and State Street with 30.2 million shares.

The federal government now holds 136 million shares, a little more than a quarter of the 500 million share stake it took after the 2009 bankruptcy, in return for a $49.5 billion bailout.

Investor interest in GM has risen in recent months. Why? Reviews of GM's vehicles in the last two years by analysts and the media have been almost entirely terrific--Cadillac ATS, Chevrolet Cruze, Sonic, Impala and Silverado. The company is no longer burdened by dysfunctional brands like Pontiac and Saturn. It no longer is plowing cash into oppressive healthcare liabilities. And its China business is very strong -- much stronger than Ford's.

GM is benefiting from many third-party endorsements. J.D. Power and Associates in June said GM was the top-ranked automaker on its Initial Quality Survey for the first time ever. Last month, Consumer Reports magazine declared the Chevrolet Impala the market's best sedan.

GM shares have lagged the bull market that started in early 2009. But it recently hit a 52-week high of $37.71 after hitting a low of $19 in mid 2012. Some analysts have out a price target of $45 on GM shares.

Analysts and institutional investors like Buffett who watch GM have been generally positive about the lean operation that chairman and CEO Dan Akerson has run.

"Frankly, it's been a tough four years coming out the financial crisis we were in and a little bit of validation here and there is OK. But we've got a lot of work to do, and we've got to keep our heads down here and keep it going," GM President Mark Reuss told reporters this week at the Pebble Beach Concours d' Elegance.

If there is one area that GM is still struggling with it's the company's European operation. The Opel and Vauxhall brands are weak players and Europe has only this week officially emerged from economic recession, according to economic statistics reported by the European Union. That indicates that maybe Europe has hit bottom and is poised to start a climb back.

Buffett appears to be betting that the worst is behind GM, and following his long-standing advice of buying low and holding long when it comes to stocks.


Read More About GM's Impressive Comeback HERE.

Gifts for Gluttons

Okay okay I get it it's Christmas but I,Fat Bastard  am inspired by the wonderful and not so wonderful Christmas gifts that I have received. There are some wonderful gifts that will be great appreciated by the fat and greedy glutton but there are some gifts that should never be given to a big fat greedy glutton like me, Fat Bastard.

Greedy gluttonous fatlings should never be gifted with certain gifts such as exercise equipment or footwear with laces. Only loafers for loafers. The positive side of this is that gifts for the greedy glutton are plentiful. We can thank our accommodating fat centric society for all the wonderful things that people like. The list is endless. Booze is never a bad idea but when selecting some sort of alcoholic product for  your glutton make it something special like a liquor such as Southern Comfort or Bailey's Irish Cream. Kahlúa is always a good idea. You can never go wrong with candy but if you can afford 5 pounds of Godiva chocolates and go for quantity and by a 5 pound box of some other assorted candies. Cheese cheese cheese... There there is a full spectrum of cheeses from good old American cheddar, port wine cheese, Monterey Jack, Brie, Gorgonzola, Limburger, Munster, provolone, Greek feta, and good old fat girl Fromunda cheese.




A favorite of all fatty's is a good old-fashioned hickory farms sampler pack containing crackers sausages hard soft and spreadable cheeses. A good stocking stuffer is a can of cheese whiz. Other than vegetables there are very few foods that fatlings will not eat. In fact, fatlings genetically consider vegetables to be food. Another good choice for a glutton is a gift card to a restaurant fatties like best and they are as follows; Denny's, McDonald's, Olive Garden, O'Charley's, international House of pancakes, Arby's, Burger King,  Hardee's,  KFC, Golden Corral, Cracker Barrel... you get the point.

 A lot of fattys like practical gifts and some of the  practical gifts that come to mind are things like butt wands,  gifts for the bath, portable bidet  for the BBW's,  talcum powder, a showerhead, seatbelt extenders,  a  bib,  loafers and door grease are all good practical gifts that will be appreciated by any glutton.




 There are also some extravagant gifts that a glutton will just love.  As you know, we fatlings  are plagued by an epidemic of double flushing the toilet.  Sometimes it takes more than a double or even a triple flush will not send the giant herds of a glutton to their final resting place. I, fat bastard have written extensively on methods of unclogging toilets but the ultimate solution for clogged toilets are bigger toilets. There are some very large bariatric toilets that can handle almost any volume of feces of fatlings can put in them. Your glutton will cry tears of joy when he wakes up on Christmas morning and find that Santa and his elves have installed a supersized toilet that can also double as a wading pool for children.





 Perhaps the most favorite automobile of a glutton is a Cadillac Escalade or one of its variants. These giant SUVs are in every way the best motor vehicle for a big fat glutton.

Cadillac Escalade is the Fatillac of Cadillacs