Monday, January 25, 2010

GM's Whitacre to stay on as CEO; search dropped - Yahoo! News

GM's Whitacre to stay on as CEO; search dropped - Yahoo! News This guy has to be setting a record for the biggest welfare check. But seriously, who would even want that job? "Hello, I'm the CEO of the biggest failed company in history."

Ohio Man Arrested on Charges of Urinating on $600-Worth of Steaks - Local News | News Articles | National News | US News - FOXNews.com

Ohio Man Arrested on Charges of Urinating on $600-Worth of Steaks - Local News | News Articles | National News | US News - FOXNews.com I don't get meat at Walmart. I wonder if the steaks were worth more before or after the alleged urination and if Walmart still sold them and if the customers even noticed.

FOXNews.com - Conan O'Brien Fights Tears On Final 'Tonight Show'

FOXNews.com - Conan O'Brien Fights Tears On Final 'Tonight Show': "And although O’Brien is yet to sign with another network, he was overheard assuring pals that while his future is unknown he will certainly be “doing something.' Stay tuned." I think he'll go to Fox.

Haiti Quake Survivor Rescued After 11 Days Trapped in Rubble - The Americas - FOXNews.com

Haiti Quake Survivor Rescued After 11 Days Trapped in Rubble - The Americas - FOXNews.com: "he survived by diving under a desk during the quake and later consuming some cola, beer and cookies in the cramped space." I know some guys where this would be consider normal for them.

Feticide?

Burlington woman charged with attempting to kill fetus | GazetteOnline.com: "A Burlington woman is accused of trying to end her pregnancy by allegedly falling down stairs because police say she was mad at her husband." I cannot believe we have legalized abortion on demand, yet we still can charge for the murder of a fetus (baby in the womb). I've seen double murder charges when someone killed the mother and therefore the baby dies. But this is the first I've seen the mother charged for attempting to kill her baby while the baby is still in her womb. Of course the irony is she could have had the same thing done if she just told a "doctor" to do it for her.

Thursday, January 21, 2010

FOXNews.com - New Jobless Claims Rise More Than Expected

FOXNews.com - New Jobless Claims Rise More Than Expected: "The Labor Department said Thursday that initial claims for unemployment insurance rose by 36,000 to a seasonally adjusted 482,000. Wall Street economists had expected a small drop."
Uh-huh, uh-huh. I've noticed the press has stopped saying we are in a recovery.

Has market plateaued?

Dow Jones Industrial Average - Google Finance: "10,403.86 -199.29 (-1.88%)"

Market is moving down again for the second straight day. I believe we have plateaued and on the verge of a correction at best or beginning of the so-called "second dip" at worst. The reason I think this is because the market has not reflected true economic condidtions for the past few months. I think it is over-valued by about 2-3 thousand points (that is the Dow Jones). I also believe that investors tend to think this at some level, but have been riding out the gains for as much as possible. But the moment they believe the ride is over, I expect a precipitous drop. But I'm no stock investor and I positioned my 401K to be very safe, for now.

I guess I should mention it doesn't help that China is tightening credit and Obama is talking about punishing the Banking industry.

Wednesday, January 20, 2010

Heck-uv-a job Brownie!

I'm surprised. Never thought this would happen.

All of those Haiti relief workers being held up, because Obama's ineptness, can now be diverted to Washington DC. I know there are plenty of heart attacks happening this morning.

Monday, January 11, 2010

Dems launch defense to save Reid - Yahoo! News

This is great, because they will keep Reid's racist comments alive. Now I'm wondering if maybe they actually want Reid to quit. Trust me, this won't help Reid a bit by attacking Republicans as racist (that's a yawner) and I don't think Democrat political powers are so dumb not to know that. I'm not sure he really had a chance to get re-elected anyway. Maybe this is just cover for his probably "retirement." I hear it's hard to get a cushy million dollar a year lobbyist job if you lose re-election. Just ask Dodd.
Dems launch defense to save Reid - Yahoo! News: "Democrats are preparing to throw the race card back in the laps of Republicans as part of a counterattack designed to help save Harry Reid’s political career."

GM may reopen some factories to meet higher demand - Yahoo! News

Notice that these are not the sub-compact cars that are supposed to save GM. They are SUV's and big cars and GM can't keep up with demand. So, naturally, Government Motors is pouring whatever they have left into making teeny weeny cars that no sensible American that cares about safety will want.
GM may reopen some factories to meet higher demand - Yahoo! News: "Mark Reuss told reporters at the North American International Auto Show in Detroit that plants building the Chevrolet Equinox, GMC Terrain and Cadillac SRX crossover vehicles and the Buick LaCrosse sedan are at capacity and can't satisfy demand."

The gov't nanny

NY AG Cuomo asks 8 banks for bonus information - Yahoo! News: "'The banks made a lot of money, in some case only because taxpayers gave them a lot of money,' Cuomo said."
That's right Nanny Cuomo, this taxpayer wants his bonus also! Every taxpayer ought to get $100,000 bonus, because that's what will probably end up paying each for the Obama stimulate government stimulus.

BBC - Mark Mardell's America: Was the Senate leader being racist?

BBC - Mark Mardell's America: Was the Senate leader being racist?
After reading this article, my question is: Is this guy as racist as Reid? I know it's an opinion piece, but I can hardly believe what he's trying to defend here.

FOXNews.com - Groundbreaking Gay Marriage Trial Starts in Calif.

FOXNews.com - Groundbreaking Gay Marriage Trial Starts in Calif.: "Regardless of the outcome, the case is likely to be appealed to the U.S. Supreme Court, where it ultimately could become a landmark that determines if gay Americans have the right to marry."
Here is an example of the real issue being twisted into something it's not. It's not "gay marriage," it's who gets to define terminology, in this case for the word marriage. The constitution clearly does not speak of marriage as a right. It's up to the individual states to determine how to handle this. Do you really want a handful of appointed people deciding what our words mean? I know I don't. The implications here are far greater than same-sex marriage.
No one here is restricting the ability of any particular group from being married. It's just some don't like the way marriage is defined.

Headlines that go together, in some strange way

Obama: No Plans for Troops to Yemen

Massachusetts Police Search for Pantless Man Who Approached Young Girls

Health bill raises cost, say gov't economic experts

Slight Cost Increase in Senate Health Bill: "Senate plan to expand health coverage to 34 million more Americans would raise costs, gov't economic experts say"

Senate Democrat majority leader makes racist comment, and let off hook

Obama Accepts Reid Apology: "President says 'book is closed' after Harry Reid apologizes for having called him 'light skinned,' 'with no Negro dialect'"

Sunday, January 10, 2010

same-sex marriage and straights

Same-sex marriage ‘off table’ | GazetteOnline.com:
“We think leaders have their priorities straight, focusing on common concerns like jobs and health-care instead of issues that divide us,” Uebelhor said. “Our hope is that this doesn’t get any traction.”
"We think leaders have their priorities straight" regarding same-sex marriage. My guess is he really didn't think about this statement in regards to homosexuals. Made me chuckle.
I am glad to see the Gazette getting the terminology correct, it's same-sex marriage, not homosexual marriage, as I've seen many times before. I don't think anyone, in legal regards, has attempted to stop the marriage of a gay man to a lesbian woman. The issue here is the re-definition of marriage, which has always been the formal joining of a man and a woman. Now the courts are trying to say, no it's the formal joining between two people regardless of their gender. I don't like courts re-defining long time traditional terms at will. I think I'm in the majority on that also. And I think the Democrat leaders here in Iowa also know I'm in the majority.
And to the whining Democrats who think this is not the time to debate this because of other issues (thanks to their poor, poor economic and tax policies): We did not bring this issue to the front, that would be the Iowa Supreme Court Justices that voted to defy the will of the legislature by overturning the 1998 Defense in Marriage Act.

Friday, January 08, 2010

Iowa ethanol producer seeks bankruptcy protection | Dollars & Sense

Iowa ethanol producer seeks bankruptcy protection | Dollars & Sense: "Hawkeye Renewables, a unit of Hawkeye Energy Holdings LLC, listed $761 million in secured debt in the filing Monday in U.S. Bankruptcy Court in Wilmington, Del."

Tuesday, January 05, 2010

U.S. to End Gitmo Transfers to Yemen

U.S. to End Gitmo Transfers to Yemen: "White House says transferring prisoners to Yemen 'not a good idea' amid a resurgent Al Qaeda there"
My only comment to this is "duh."

Welcome to Obama's Economy!

Here's a list of economic news stories for starting out the new Obama year! Don't be surprised when you hear him say something like "It took Bush 8 years to drag us into this mess, it's going to take me at least that long to get us out!"


Chrysler, Ford report double-digit drops for 2009
Tue, 5 Jan 2010 09:55 am PST
AP - Automakers are glad to see the end of 2009, the worst year for U.S. sales in nearly 30 years. Full Story


Pending home sales fall 16 percent in Nov.
Tue, 5 Jan 2010 08:44 am PST
AP - The number of buyers who agreed to purchase previously occupied homes fell sharply in November, a sign sales will fall this winter, undermining last summer's recovery. Full Story


Stocks trade mixed on uneven economic reports
Tue, 5 Jan 2010 09:06 am PST
AP - The stock market zigzagged after a strong report on factory orders and a disappointing showing in home sales gave mixed signals about the economy. Full Story


Pump prices on pace to top 2009 high by weekend
Tue, 5 Jan 2010 08:46 am PST
AP - The cost of filling up the car is rising in the wake of soaring crude and by this weekend, pump prices may race past the highs for all of 2009. Full Story


Calavo Growers 4Q profit falls, sales drop
Mon, 4 Jan 2010 08:08 am PST
AP - Calavo Growers Inc. said Monday that its fiscal fourth-quarter profit fell, hurt by a significantly smaller cyclical crop of avocados from California. Full Story
Top

AIG sells Canadian mortgage insurance unit
Tue, 5 Jan 2010 09:30 am PST
AP - The Canadian mortgage insurance business of American International Group Inc. will be sold to a private investor group headed by the Ontario Teachers' Pension Plan, the groups said Tuesday. Full Story
Top

Hopes for economy drive risk appetite
Tue, 5 Jan 2010 01:13 am PST
Reuters - Optimism about the world economy buoyed global equities on Tuesday, particularly in emerging markets, but the dollar continued its weak start to 2010. Full Story
Top

Dollar mixed on mixed economic data
Tue, 5 Jan 2010 09:00 am PST
AP - The dollar edged up against the euro and British pound but fell against the Japanese yen on Tuesday as a report on U.S. home sales suggested winter problems, while data on manufacturing showed gains. Full Story


Oil price holds above 81 dollars
Tue, 5 Jan 2010 09:50 am PST
AFP - Oil prices edged higher on Tuesday, with New York crude holding above 81 dollars on increased heating fuel demand spurred by freezing weather in the northern hemisphere, analysts said. Full Story


2009 Auto Sales: Chrysler Group falls 36 percent
Tue, 5 Jan 2010 09:55 am PST
AP - Chrysler Group LLC said Tuesday its 2009 sales fell 36 percent and December sales fell 4 percent. Full Story


C-Span challenges openness of Congress

Health Care Insurance Reform Legislation Town Halls - C-SPAN: "C‑SPAN has sent a letter to House and Senate leaders asking that negotiations on the health care bill be open to cameras. News reports indicate that the leadership is considering bypassing a formal conference committee in resolving differences between House and Senate versions of the legislation. Identical bills must pass each chamber before a final bill can be sent to the President."

Hume appeals for Tiger's soul

RealClearPolitics - John Brennan & Senator Bond on "Fox News Sunday": "HUME: Tiger Woods will recover as a golfer. Whether he can recover as a person I think is a very open question, and it's a tragic situation with him. I think he's lost his family. It's not clear to me that -- whether he'll be able to have a relationship with his children. But the Tiger Woods that emerges once the news value dies out of this scandal -- the extent to which he can recover seems to me depends on his faith. He's said to be a Buddhist. I don't think that faith offers the kind of forgiveness and redemption that is offered by the Christian faith. So my message to Tiger would be, 'Tiger, turn your faith -- turn to the Christian faith and you can make a total recovery and be a great example to the world.'"

Friday, January 01, 2010

Christianity May Put U.S. Missionary in Danger in N. Korea - North Korea | Map | Government - FOXNews.com

Christianity May Put U.S. Missionary in Danger in N. Korea - North Korea | Map | Government - FOXNews.com: "SEOUL, South Korea�—� A Korean-American missionary believed detained in North Korea walked into the country carrying a Bible, intent on preaching Christianity in a country that bans illegal worship — a bold move that may put him at greater risk of harsh punishment."
May God bless Mr. Park.