The Systematic Draining of America's Economy, Culture, and Pride.
The bailout soup line is getting longer and longer. Heck, it is around the block. It seems since the automakers got their chuck of bailout cash that more and more groups are getting into the action.
Now property developers and managers are letting the government know that thousands of hotels, shopping malls, and commercial buildings are headed into foreclosure and bankruptcy unless the government steps in and helps. [Read more...]
Consider it an end to an era. 8-tracks, cassette tapes, and now the VHS tape are all going the way of the dinosaur. The last of the VHS suppliers, Distribution Video Audio Inc, is shipping the last of its VHS inventory and closing its doors.
The last major film released on VHS was “A History of Violence” in 2006 (get ready for that to be a Trivia question in the future). Ironically enough [Read more...]
The secret is finally out. Where did all the money come from? Bill Clinton has disclosed the 208,000 donors to the Clinton foundation and presidential library. This was largely a requirement for Hillary to take the Secretary of State position and show no “outside influences.”
In total Clinton’s foundation raised at least $41 million from foreign governments (good to know when you are about to be Secretary of State). [Read more...]
I think I have to turn my wife in. I am puzzled about what action to take or even what entity I am suppose to report her actions to. You see my cereal has been replaced.
I am a sucker for sugar cereals. Not just for breakfast, they make an excellent afternoon snack. Lucky Charms is a good stand by. As is Captain Crunch. I have to give the edge to Lucky Charms because you can have three times as many bowls before you destroy the roof of your mouth (Captain Crunch is a killer in that department). [Read more...]
The Federal Open Market Committee decided today to establish a target range for the federal funds rate of 0 to 1/4 percent. Now if that seems low to you that would be because it is. If that seems “too low” to you, you would once again be right…it is. [Read more...]
Ok, I think I have had enough. The Federal Reserve is looking at taking a new tactic on repairing the economy by addressing credit card use (and debt). The Fed will vote on Thursday “on sweeping reform of the credit card industry.”
I am not going to get into a “who is responsible” debate but I am going to say, for the most part, excess credit card debt is a choice. Yea, yea, I know, plenty of people have it rough and had to turn to credit cards – but that is the minority. Go back five years and there were plenty of big screen televisions and vacations thrown on those cards. Now you bail them out? [Read more...]
Let’s face it, we need help. Detroit needs someone with innovation. You know, someone with new ideas. Let’s take a bad guy, give him some legitimate responsibility and watch the automakers in Detroit sore (or surf) to new levels.
My nomination? [Read more...]
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