Wednesday, January 27, 2010

Bill Gates The Trader

http://online.wsj.com/article/SB10001424052748703410004575028931978304078.html?mod=WSJ_business_whatsNews

Bill Gates sides with Communist Red China. What a surprise.... I told you months ago he is personally responsible for all this hacking. Why wouldn't he step forward and defend his Communists friends. "efforts to censor the Internet have been very limited," Yeah right.......

Bill Gates (and Microsoft) the big heroes to China. Meanwhile Secretary of State Clinton is the villain for promoting free speech.

If this was 1950 Gates would be thrown in jail for his treason. He would be labeled a Communist Sympathizer. Today he is simply ogled as a genius. I miss the old days.

Nobody knows nothing.....Everyone is blameless

In 2008 Hank Paulson was the king. Responsible for all the government bailout money with no oversight. Just the way he wanted in.
http://www.reuters.com/article/idUSTRE48N7PS20080924


Now in 2010 nobody knows nothing about nothing. Geitner wasn't involved, Bernanke wasn't involved. Paulson wasn't involved. Nobody was involved. Congress wants answers. The same Congress that handed over all the money (with no restrictions) in the first place. Now it is OK for them to sit on their thrones and point fingers. I have seen more credibility in a 3 stooges skit then watching these clowns.
http://www.marketwatch.com/story/geithner-paulson-defend-182-bln-aig-bailout-2010-01-27?reflink=MW_news_stmp
"Paulson said he wasn't involved in any of the decisions about AIG's public disclosure of AIG payments."
"The Fed's Bernanke also said in a letter Wednesday that he was not "directly" involved in negotiations with the AIG counterparties"

Geitner said "I had no role in making decisions regarding what to disclose about the specific financial terms...of payments to counterparties,"

Everyone is blameless.

Bay Bridge

In October the Bay Bridge in California is closed for emergency repairs.
http://www.oregonlive.com/news/index.ssf/2009/10/emergency_repairs_keep_san_fra.html

California unemployment rate is 12.4%
http://abcnews.go.com/Business/wireStory?id=9637486

In Pennsylvania (where they make steel) things are real bad too.
http://www.pennlive.com/editorials/index.ssf/2010/01/specter_job-creating_revocover.html

So where do they go to get steel to repair the Bay Bridge? Of course China..... Where else would they get it from.
http://www.kcbs.com/Steel-for-New-Bay-Bridge-Span-Arrives-from-China/6181721

Tonight Obama will stand in front of the country and try to explain why the economy is still falling apart. It shouldn't be hard to explain. He should look out at Congress and let them all know they have 12 months left before they are all run out of Washington.

Tuesday, January 26, 2010

80 Billion more

What? 800 Billion didn't fix the problem. OK well then we will throw more money at it. Here is 80 billion more. Take that...... Keep throwing money at the problem in hopes that it will go away. No matter that the strategy has failed for 10 years. Just keep right on doing it.

http://voices.washingtonpost.com/44/2010/01/senate-democrats-eye-80b-jobs.html

Thursday, January 21, 2010

Going the wrong way.....

http://www.nytimes.com/2010/01/22/us/politics/22scotus.html

Wow you thought we were screwed before.

Now that the court is opening up the spigot for corporations to flood money into campaigns "We the people" are going to be screwed like never before.

This is a colossally bad decision.

Wednesday, January 20, 2010

They just don't get it.......

http://www.msnbc.msn.com/id/34951597/ns/business-world_business/

They just don't get it...... It boggles the fricken mind.

"Hey look there is an out of control fire..... quick throw some gasoline on it. Hurry up more gasoline is needed. Throw it on there."

That is basically what this amounts too. This retarded thinking is why Obama stupid jobs summits never lead to more jobs. Because these are the azz holes he invites to wine and dine while discussing what must be done.

One year later they still don't get it...

Why did Liberal Mass just hand Ted Kennedy's Senate Seat to a Republican? (A state that is 3:1 Democrat over Republican) It is because Obama and the Democrats still don't get it. It is because this story http://www.nytimes.com/2010/01/19/business/19glass.html keeps getting written over and over. The industries change but the story is always the same. Until this story stops being written the Democrats will continue to get voted out. That will be followed by the Republicans who will also continue to be voted out. Since both parties are exactly the same - unapologetic slaves of corporate America. And since the last thing corporate America cares about is the fate of America. Back and forth it will go until somebody finally fixes the only issue that matters. I think it is going to be a long wait.

Thursday, January 14, 2010

Tuesday, January 12, 2010

Friday, January 8, 2010

Boeing dollars down 90%

http://seattletimes.nwsource.com/html/businesstechnology/2010729991_boeing08.html

That is because they had to pay Billions in penalties for non delivery of the 787. If you read the article it says production of the 737 and 777 were at record levels (those are the planes that are built in the USA and actually get delivered). The 787 outsourced around the world and 2 1/2 years behind schedule still hasn't made the company a dime and in fact it costs them every month.

Mckinsey

McKinsey is a consulting company that specializes in sending US jobs overseas.
http://www.mckinseyquarterly.com/Economic_Studies/Productivity_Performance/Exploding_the_myths_of_offshoring_1453

One of their top executives is now going to jail for insider trading. This makes me very happy. Anytime you can take a McKinsey executive and stick him in jail it is a good day for the American people.
http://www.marketwatch.com/story/ex-mckinsey-partner-pleads-guilty-in-galleon-case-2010-01-07

Thursday, January 7, 2010

System overload....

Looks like that 800 billion dollar stimulus plan is really getting people back to work.

http://www.wfsb.com/news/22178010/detail.html

Wednesday, January 6, 2010

Cable Rates going up

Cable rates going up and up and up and up and up......
http://money.cnn.com/2010/01/06/news/companies/cable_bill_cost_increase/

That is what happens when they deregulate. Deregulation fails for the consumer 100% of the time. There is no exception to that rule.
http://broadcastengineering.com/news/broadcasting_cable_deregulation_failure/

Prices are going up even though profits are already through the roof.
http://www.nytimes.com/2009/08/07/technology/companies/07comcast.html

Obama the Liar

http://www.nypost.com/p/news/national/obama_falls_short_on_campaign_promise_5gFAG1TwuLUSW6Mn7h6hWN