Monday, December 8, 2014

Mr Chenevert....Working hard for the money.....Not really!

Proving the point that rich people are rich because they work harder…… we look at the FORMER CEO of United Technologies Louis Chenevert. 

Last month Mr. Chenevert resigned as CEO of United Technologies…… not because he was a hard worker, but rather because he was NOT a hard worker. 

Turns out he cared more about his latest, greatest, and biggest yacht then he did about running his company. 

Someone noticed this little problem and mentioned it to him.  He didn’t like that, and to prove how hard he likes to work he quit.  But don’t cry (wipe those tears) because he left the company with piles and piles and piles of money.  $172,000,000.00 to be exact. 

See it pays to not work hard.  Mr. Chenevert is living proof.

He is even leaving the company with a $32,000,000.00 Pension.  You remember pensions…… those are the things your parents had.  Well that was before CEO’s (like Mr Chenevert) got rid of them all.  Well they got rid of them for you.  They kept them alive and well for themselves.  See there are rules that apply to you…… and then there are rules that apply to them.  What you find is they are not exactly the same rules.

Mr. Chenevert bought a 63-foot Hatteras motor yacht in 2003.   (Embarrassing….Nobody is going to take him seriously with a 63 foot yacht.  What a joke.)

He sold it after he had a new 85-foot vessel custom built by Horizon Yacht Co. at a factory in Kaohsiung, Taiwan. (85 feet is OK….. but are we going to get serious at some point.  He must have been the laughing stock of his neighborhood with this weak effort.)
Mr. Chenevert sold his second yacht last year after listing it for $3.3 million and is having a new, bigger one built by Horizon at the same factory. Mr. Chenevert stopped there to check in on the yacht's progress from Nov. 10 to Nov. 12, a person familiar with the matter said.
The new vessel, a 110-foot-long P110, is being customized for Mr. Chenevert, the person said. The standard model can accommodate between 16 and 20 passengers, features an enclosed "sky lounge" above the main deck and is powered by twin 1,600 horsepowerCaterpillar engines.  (Now we are getting somewhere.  He may now be unemployed but he is well positioned to parrrr-tay!  Round up the ladies and head out to sea.  He earned it. 
Pay no attention to the F-35 engine that blew up on the runway…That is no longer his problem.  Let someone else deal with that.  Pop the Champaign and lets go….)

http://www.bloomberg.com/news/2014-11-25/united-technologies-chenevert-leaves-with-172-million-package.html

Friday, November 21, 2014

Obama Sounds Exactly Like George W Bush.....

Barack Obama = George W Bush.

They are the same guy.  They say the same things.  They have the same approval ratings.

People Hated George W.  People hate Barack Obama. 

If people didn’t like George W, but love Barack Obama they are only kidding themselves. 

There is no escaping the reality that Republicans and Democrats are the exact same thing.

If you are looking for real change you will eventually realize it is never coming.  Not this election, or the next election, or any election. 

The only thing that is coming is more of the same.  So enjoy!


http://time.com/3394383/barack-obama-george-bush-midterm-elections/

Wednesday, November 19, 2014

Fukushima Radiation Off California.....

Fukushima Radiation now detectable off the coast of California. But don’t worry it is in tiny, tiny, very tiny amounts. Almost not even worth mentioning.
Oh… also millions of star fish are “melting” in the Pacific Ocean as well. But that has nothing whatsoever to do with radiation. That is just a virus. Melting viruses are very common, nothing you need to worry about.

Saturday, November 15, 2014

China's New Stealth.....

President Obama is in China this week which is the perfect time for China to flaunt their new Stealth Fighter.
The technology for their fighter was stolen directly from US defense contractors. They have been hacking and stealing US technology for years. They go in to any US computer network and take the high tech information they want, and then leave. The Americans are too inept to prevent it.
So if you think the Chinese fighter looks similar to the F-35 now you know why.
Of course the Chinese have been stealing Stealth Technology since the 90’s.
This is what I wrote on the topic in 2011.
Why The US Bombed The Chinese Embassy In 1999
In 1999 the United States (Under NATO) bombed Belgrade to stop Slobodan Milosevic from carrying out Genocide.
NATO bombed bridges, roads, power grids, and trains. All infrastructure was destroyed forcing hardship on the Serbian people and pressure on Milosevic to go. Eventually it worked.
During the bombing the US "accidentally" bombed the Chinese Embassy (Oops). At the time the US insisted it was an accident. The US said the CIA was using "old maps". That was the equivalent of says the dog ate my homework.
China was furious. President Clinton apologized over and over but the Chinese would never accept. China staged demonstrations outside the US embassies creating damage and fear.http://future.state.gov/where/stories/events/44252.htm
Eventually everyone moved on.
At the time It made no sense how the US could accidentally bomb anything. This bombing was carried out by the B2 Stealth Bomber. The most sophisticated bomber in the US inventory. It used the most sophisticated JDAM bombs which are satellite guided and use GPS technology.
While NATO oversaw all other bombing runs this particular run was carried out by the CIA. The only bombing run in the campaign carried out by the CIA. The bomber even left directly out of Whiteman AFB inMissouri. All the other bombers flew out of Europe. Supposedly it was going to blow up a warehouse full of weapons but it used 5 bombs. (kinda excessive)
At the time none of it made sense. Today it makes perfect sense.
Two months before the bombing of the Chinese embassy the first US F117 stealth fighter was shot down.
It was a big deal.
The US was using the same flying lanes in and out of Serbia. That predictability made it an easier target for the Serbs. Because the Stealth fighter is black it could be seen flying against clouds at night. With some luck the Serbs managed to knock it down.
Normally the US would go in and bomb the wreckage to ensure secret technology didn't fall into the wrong hands. Knocking down the F117 was such a big deal all the local towns people came out to dance on it. It was broadcast on TV around the world making it impossible for the US to drop bombs. Killing innocent villagers would have been a PR nightmare.
What wasn't clear at the time was Chinese agents ran in to collect all the parts. They paid villagers to hand over what they collected. Those parts most likely ended up at the Chinese embassy. That is why (in my opinion) the Chinese Embassy was bombed two months later in the middle of the night.
They were probably trying to destroy the F117 parts. They failed.
12 years later that technology has found it's way into the new Chinese Stealth Fighter.

Wednesday, November 12, 2014

Wall Street Banks Still Behaving Badly......

$3,300,000,000.00 fines to punish more bad behavior by Wall Street Banks. Even though they promised to behave, and be good corporate citizens, after the US Taxpayers rushed in to bail out all their terrible decisions.
What we now see is the bad behavior continued on. They said new regulations would not be necessary.
See regulations only stand in the way of corruption and fraud. As soon as they could start behaving badly (again) they did.
Try not to look surprises.
Between 2008 and 2013, lax controls at the banks allowed traders to share confidential information and collude with their counterparts at other institutions in an effort to fix rates and increase profits.
British regulators said traders used private online chatrooms to coordinate their buying and selling to shift currency prices in their favor, aiming to making a profit for their banks at the expense of clients.
The traders called themselves "the players", "the 3 musketeers" and the "the A-team."
The FCA said that the banks had failed to manage obvious risks, and that traders were allowed to behave unacceptably.
It is possible that the banks and individual employees will also face criminal charges (good) in both the U.K. and U.S. over attempts to manipulate the rates.

Tuesday, November 11, 2014

Airbags

Airbags are not a new idea. They have been around since the 70’s but (back then) were not widely embraced by the public. The public was not keen on the idea of something exploding in their face….You know to keep them safe. This didn’t seem like a great idea and it was not widely embraced.
It wasn’t until Chrysler came out with this commercial (in the late 80’s) where they showed America exactly what an airbag was.
After this ad (and similar commercials) educated the public to exactly what an airbag was, and how it worked, that air bags gained wide spread acceptance.
People liked the idea of a big fluffy pillow unfolding in front of them to keep them safe. That wasn’t an explosion at all, and it certainly wasn’t something that needed to be feared. It looked especially inviting when shown in super slow motion.
Today Airbars are found in all cars, but it seems we have come full circle. Now we find out the explosion (in your face) sometimes will kill you. The disintegrated canisters can indeed shoot metal fragments through the fluffy bag and into your head or neck. It is especially disturbing that this was known (and hidden from the public) for years. 14 million cars have now been recalled.
Maybe Chrysler should start reshowing their old commercial to reassure people that fluffy pillows are still all good.
Until then you might want to avoid having an accident. As appealing as it may seem to experience the fluffy pillow, as it turns out they may still kill you. So drive safe.

Tuesday, November 4, 2014

Saudi Arabia Bringing US Cheaper Oil......

The price of gas is plummeting and we have Saudi Arabia to thank for it. Make sure you send them a thank you note.
There is a war going on in the Oil industry. It is the old guard (Opec) VS the new guard (USA’s drill baby drill, and the Canadian Oil sands).
All the drill baby drilling America has done is clobbered Opecs dominance. But Opec has a silver bullet.

See producing oil in Saudi Arabia is significantly cheaper than producing it through Fracking (in the United States). Likewise the oil sands have a very high productions cost.
When a barrel of oil sells for $100.00, it enables Fracking (and Oil sands) to be done. Financially it makes sense. But if Oil is $70.00 a barrel suddenly it is a lot less profitable. The lower the price the harder it is to produce through fracking.
If the price remains low it will mean US oil wells will be shut down. Exploration will be halted. Saudi Arabia is well aware and flooding the US market to help the cause.
In the short run Opec countries will also take a hit. In the long run (if US production is halted) they will once again be top dog. Better to be top dog at $50.00 a barrel (and have no competition) then make $100.00 a barrel and compete with US production.
That is the move, and we are all the beneficiaries.
It is Ironic because we were told if we want cheap oil we need to rid ourselves of Mideast oil. Today the reality is we are getting cheaper oil because of the Mideast.

Saturday, November 1, 2014

Corporate Welfare Alive And Well Before The Election......

What we hear is the State Of Ct is not a good state to do business. The taxes are too high and the regulations are too much.
What we see is the State Of CT handing out free money to corporations all the time.
Corporations like Praxair receiving $30 million dollars.
This is the same Praxair that reported record profits just months ago. Record profits meaning more profit than the company has ever made before. Yet the same company turns their pockets inside out and insists on government welfare to fund their business.
When it comes to funding CT schools we are told there is no money for that. Schools must be cut.
But money for corporations (making record profits) there is always money for that.
But companies paying taxes….HAHAHAHA No way. Paying taxes is a burden.
Companies receiving tax payer money though….Yes please. Hand it over.
“The Department of Economic and Community Development will provide a $10 million FORGIVABLE loan”
Raise your hand if you have ever received a “forgivable loan”. What bank is handing those out? I have a car loan but guess what…It is not forgiveable. It is forgiveable once I pay it all off with interest. My mortgage is not forgivable either. The bank expects all that money back too.
Only a corporation can receive a forgivable loan, because it is funded with your tax dollars.
After these corporations receive all the free “forgivable” money they are only too happy to tell you how annoying the government is.

Saturday, October 18, 2014

Janet Yellen Sees The Problem Too.

Janet Yellen came to the same conclusion I came to.
The Rich are getting richer and the poor are getting poorer. See you thought I just make this stuff up.
The Fed Chairman agrees with me. How nice. Now is the Fed going to do anything to fix the problem? Of course not….don’t be silly. But acknowledging it is always a nice first step.
Federal Reserve Chair Janet Yellen on Friday expressed deep concern over widening economic inequality in the country
Yellen said steady growth in inequality over the past several decades represents the most sustained rise since the 19th century. Living standards for most Americans have been “stagnant,” while those at the very top have enjoyed significant wealth and income gains
“I think it is appropriate to ask whether this trend is compatible with values rooted in our nation’s history, among them the high value Americans have traditionally placed on equality of opportunity,
Yellen listed four factors that can influence economic opportunity: investing in education for young children, making college more affordable, encouraging entrepreneurship and building inheritance.
(She forgot the part about not sending all your jobs to Communist Red China and India. I am sure she meant to say that though.)
the Fed has been frequently criticized for exacerbating the country’s yawning disparity in wealth as its easy-money policies helped Wall Street rebound quickly from the financial crisis.
(That is true….It is Janets fault the rich have all the money. She hopes you don’t notice her role in that though. Just look away.)
Yellen did not address in her prepared text whether the Fed has contributed to inequality. (The Fed has contributed) Nor did she weigh in on whether it may actually be slowing down economic growth, (Of course it is slowing down economic growth….If all the money is in the hands of a couple of hundred people, and they are not putting that money back into the economy, then how is the economy supposed to grow?) an idea that is gaining traction among economists but which remains controversial.
former Fed governor Kevin Warsh called the central bank’s actions a form of “reverse Robin Hood” (Take it from the poor and hand it to the rich….That is pretty much what has been happening.)
Yellen pointed to Fed data showing that the bottom half of homeowners by wealth lost 61 percent of the equity in their homes between 2007 and 2013. The top 5 percent lost 20 percent.
During testimony on Capitol Hill in February, she called the problem “one of the most disturbing trends facing the nation
Inequality has risen to the point that it seems to me worthwhile for the U.S. to seriously consider taking the risk of making our economy more rewarding for more of the people,

Wednesday, October 15, 2014

Walmart Already projecting another Year of Failure......

Walmart already warning that unemployed Americans will not be buying their made in Communist Red China merchandise this year either. 

They didn’t buy it last year.  They didn’t buy it the year before last year.  They won’t be buying it next year either. 

You (Walmart) can save all the money in the world by laying off American workers, and moving productions to communist Red China. But at the end of the day you (Walmart) will be the big loser. 

When the doors get locked, and the cash drawers are counted, what they always see is the money that was projected (hoped) would be there, is not there. 

In the past the bad news came out in January.  This year we are not even at Halloween and Walmart is already putting up the white flag of surrender.  They already see (what I see) that is unemployed Americans will not be buying their made in Red China merchandise. 

Nice try…But you fail.

http://www.nytimes.com/2014/10/16/business/walmart-lowers-its-sales-outlook-as-holiday-forecasts-darken.html?_r=0

Ebola...20 years to get prepared...But did they?

As our country struggles to deal with the threat of Ebola I am reminded of this 48 hours program I watched in 1994.  It is all about how the United States is not prepared for a viral outbreak and it highlights Ebola. 

That was 20 years ago. 

It seems in the 20 years since this show aired not a lot has changed.  It seems the country is still not prepared.

Lets hope in the coming weeks the country does what it failed to do in the last two decades and gets better prepared.

https://www.youtube.com/watch?v=MjTSYW3nVwA

Saturday, October 11, 2014

Wal-Mart Dumping Their Healthcare expense onto the Taxpayer......

Wal-Mart just announced their 30,000 part time employees would be losing their health insurance.
As I stated before, the entire point of Obama Care is to end employer provided healthcare. Obama Care provides the framework for that to happen. As we see, it is happening.
In 2009 Wal-Mart supported President Obamas plan for Obama Care. Many employers were against the idea, but Wal-Mart was a big cheerleader. Wonder why…..
At the time Wal-Mart bragged about how companies should be forced to provide healthcare. Wal-Mart worked hard to portray themselves as the good guy…..looking out for the workers.
To Wal-Mart’s glee Obama Care did pass.
In 2013 it became noticeable that Wal-Mart was only hiring part time workers. If you wanted a full time job, don’t apply at Wal-Mart. Wal-Mart was only hiring part time….Huh, I wonder why……
This week it became obvious why, as all their part time employees were told they were on their own.
The good news is because Wal-Mart pays so poorly, and because their workers are all part time…… they would be eligible for Obama Care subsidies. So instead of Wal-Mart paying for their employees healthcare, now taxpayers can pick up the tab.
Corporations love when taxpayers pick up the tab. It is the best! Wal-Mart couldn’t be happier. Their plan (to dump their expenses on the taxpayer) took a few years but was finally realized.
Once again the worker (and the taxpayer) get screwed.

Tuesday, October 7, 2014

AIG Lawsuit....Pure Balls

AIG’s Former CEO Hank Greenberg is suing the US Government for $40,000,000,000.00. 

He is suing because the US Governments bailout of his company caused the stock price to go down. 

Hank Greenberg was the largest share holder in AIG.  So Hank lost the most money.  Hank is very upset about this.  He wants you to pay for it.

The stock did not go down because the government bailed out the company.  The stock went down because Hanks leadership was so incredibly poor.  The company was driven into the ground while Hank was behind the wheel.

If the government didn’t bail out AIG, what would their stock price be?  The government didn’t bail out Lehman Brothers…Have you bought any of their stock recently?  Is anyone suing the government? 

The government didn’t bail out Bear Sterns….Any idea what their stock price looks like today?

So the government spends $185,000,000,000.00 bailing out AIG.  The bailout is agreed to (and signed off on) by Hank Greenberg. 

AIG proceeds to take hundreds of millions (of that money) to pay corporate bonuses.  Then because the stock price went down (due to their sh*tty management) now they want the tax payer to cover the cost of the lost stock value too. 

Pure balls……

Hank also thinks it is unfair that the government demanded an interest rate no lower then 12%.  Somehow to hank this is outrageous.  Millions of Americans hold credit cards with interest rates between 15-35%.  Nobody is suing because of that outrage. 

That is how people are treated all the time by big corporations.  But when it happens to a corporation…Oh man then there is a lot of sulking.

The judge should crumple up the lawsuit and throw it in Hank Greenbergs face.  He should then slam his gavel on the bench and yell “GET OUT”!

http://money.cnn.com/2014/10/06/news/companies/aig-geithner-bernanke-paulson/

Monday, October 6, 2014

Skyrocketing Cancer Drugs.....

Pharmaceutical companies gouging patients with skyrocketing prescription drug costs.
George W Bush was Mr. conservative. Conservatives HATE government spending. Conservatives HATE entitlement programs.
Yet in 2006 George W Bush passed Medicare Part D. One of the biggest entitlement programs in a generation. This program provides old people with pharmaceuticals, paid for by the tax payer.
Now why would Bush do that? Well because the Pharmaceutical industry pays billions to the politicians.
Pharmaceutical companies want to sell expensive drugs. Old people need expensive drugs. Unfortunately old people don’t have money. But the government always has money.
So Big Pharma gives the old people the drugs. The government gives the pharmaceutical companies the cash. Everyone is happy.
Written into Medicare Part D is the inability for the government to put price controls, or negotiate on price. The price is whatever the industry says it is, and that is it.
The politicians passed the law (as they were instructed) and now we have skyrocketing prices.
The same drugs can be found (outside of the United States) for 50 to 80% lower Prices. Other countries have price controls.
The American pharmaceutical scam works best with Cancer Drugs. You have cancer..... so you can either pay the outrageous price, or you can Die. Good luck with your decision.

Rich Giving Less, Middle Class Giving More........

Sure rich people have more money than at any time in the history of planet Earth. So what? That doesn’t mean any of it is going to charity. F-** that! Money only has value if you keep it for yourself. Let the less fortunate figure it out on their own. Not your problem.
Yes it is true that Ronald Reagan told you it would all trickle down. Unfortunately Reagan lied to you. It never trickles.
Meanwhile the struggling middle class is giving more money to charity anyway. Sure the jobs are all going away, and the money is all drying up….. but who cares. There is always enough to help the less fortunate.

Saturday, October 4, 2014

Unbelievable Unemployment Numbers Just In Time......

The other day the jobs report came out and it was unbelievably positive.  The keyword being unbelievable. 


The August jobs report was dreadful, but magically one month later it is all peaches and cream. 

That works out great because in another 30 days there is a huge mid term election.  A positive jobs report will make everyone want to run and reelect the Republicans and Democrats doing such a fantastic job.

If you remember two years ago (almost to the day) there was another huge election.  The Sept 2012 jobs report came out and was also unbelievably spectacular. 

The August 2012 report was dreadful too, but again (right before the election) everything became rosey. 

In 2012 Jack Welsh (former rock star CEO of GE) said the Obama unemployment numbers must be fixed. 


If anyone knows what real unemployement looks like it is Jack Welsh.  He pretty much invented Unemployment.  His nick name at GE was Neutron Jack.  Like the Neutron Bomb, Jack made all the employees disappear, but the buildings all remained.  At GE Jack laid off over 100,000 people.  It didn’t even make him blink.  He never met a worker he didn’t want to terminate.  Wall Street cheered every time he did it.  He was revered.  Jack knew the only thing that matter (in business) was the stock going up.  The easiest way to accomplish that is layoffs.

Anyway, when Jack said the numbers were fixed people made fun of poor jack.  But in November 2012 (after the election) it was announced the numbers were indeed manipulated, and the government investigated.


So are the numbers in 2014 fake too?  You can decide for yourself.

Thursday, October 2, 2014

JP Morgan loses 76 million customer records......

Here we go again. 

December 2013 Target announces losing 40 million customer accounts due to their crappy outsourced IT.

Sept 2014 Home Depot announces losing 60 million customer accounts due to their crappy outsourced IT.

October 2014 JP Morgan announcing losing 75 million customer accounts due to their crappy outsourced IT.

Notice a trend?


Here JP Morgan is announcing they are sending more IT work to India.  Home Depot did the same thing.  Target did the same thing.  They all ended up with the exact same results.

Notice a trend?


You thought JP Morgan was only incompetent when it came to the financial crisis.  You didn’t even know their incompetence extended right into their IT dept too. 

Yup JP Morgan might be too big to fail…. but they are not too big to be completely incompetent.

All these companies love to pretend how secure they all are.  But the reality is they have no idea how to secure their networks.  Neither do their outsourced workers in India.  Hackers were in the JP Morgan network for a month before anyone had any idea something was a miss.  That is not good.

When Target screwed up who really cared…I mean middle class people shop there.  But JP Morgan has the fat cats.  The big tycoons.  The fat cats are not going to take kindly to JP Morgan saving a buck (by going to India) resulting in all their clients financial data being compromised.  I bet there will be a lot of yelling.

US Defending Democracy By Doing Nothing

We are always told the United States defends Democracy around the world. Historically that has been true.
When then the Soviet Union threatened Western Europe the United States was there. We are still there.
When communism threatened the Korean peninsula, the United States was there. We are still there.
When communism threatened Vietnam, the United States was there. We lost that one though. Can’t win them all.
When Communism threated Cuba the United States took action.
Today Communism is threatening Hong Kong, and the United States is nowhere to be found. Obama doesn’t say a word about it.
I am not saying the United States should drop 70K troops into Hong Kong. But President Obama could stand in front of the Presidential podium (With the American Flag behind him) and pledge his support for the protestors. Words the President Of The United States speak carry a lot of weight. But of course Obama is not going to do any such thing.
The thought of Chinese tanks mowing down innocent (peaceful) Democracy protestors is a scary one. But not as scary (for Obama) as Wal-Mart stores having empty shelves 3 months before Christmas. Oh shudder that thought.
If the Chinese ships stop showing up (at the port of San Diego) full of merchandise, that is the most horrific thought there is. Blood can be washed off the streets. That is not even a problem. But a dismal 4th quarter…I hyperventilate just thinking about it.
So the Hong Kong protestors will remain on their own. Obama will remain facing the other way whistling. China will bide their time before ending the nonsense…...Democracy please…. And CEO’s across American will pray Communist Red China continues filling those cargo ships full or crap.

The NFL Gets 12 Billion More......

After Ray Rice knocked out his girlfriend, and Adrian Peterson whipped his kid with a stick, people wondered why Roger Goodell still has a job.
Here are 12 Billion reasons why Roger Goodell still has a job.
1 TV deal = 12 Billion Dollars. The NFL has lots of TV deals. Roger Goodell oversaw all of them.
As long as the money continues to roll in, Roger Goodells job security will be bullet proof.

The Billionaires want all the beaches too.......

Not only do the Billionaires want ALL the money for themselves. They also want all the beaches too.
If average people want to go to the beach they are free to fill their bath tubs and pretend.
The coastline is for the rich people.

Tuesday, September 30, 2014

The Forbes 400....And Everyone Else.

More info on the rich getting richer.
People never get tired of seeing how well a small minority of people (400 to be exact) are doing as everyone else struggles.
If you want to be on the Forbes 400 list you need at least $1,500,000,000.00. So empty out that piggy bank and start counting. Maybe this is the year you will finally make it. Last year you could have snuck on the list with a mere $1,300,000,000.00. But as we all know the rich keep getting richer, and richer, and richer. That is what happens in a tough economy. Next year don’t be surprised when the amount goes up again. So keep counting those pennies.
The 400 wealthiest Americans are worth $2,290,000,000,000.00. Think about that….. 400 people. 2.2 trillion bucks. Up $270 Billion from last years list. That = the GDP of brazil. A country of 200 million people.
The average net worth of the Forbes 400 is $5.7 Billion. $700 Million more than last year which is a RECORD HIGH. 303 people on the list have more money than a year ago (good for them). 36 people have less money (break out the violins). 26 people fell off the list (losers). 6 people died (Big time losers).
Meanwhile as the rich sit around counting their piles of money….. in the real world wages are down 23% since 2008. $93,000,000,000.00 in lost wages for the regular folk. They should have worked harder.
73% of metro area households earn less than $35,000 a year.

Bill Gates....Money For nothing....

When talking about income inequality, and the rich getting richer, while the poor get poorer…..The rich (and Fox news) love to say Rich people are richer because they work harder.
You would be rich too if only you weren’t so incredibly lazy. Don’t blame hard working rich people for having all the money. They earned their money.
Then they tell you all about how poor people (are poor) because they just want to sit around and do nothing while money is given to them.
Poor people are a disgrace compared to the hard working rich man.
To illustrate this point we look at the richest Man in the World…. Mr. Bill Gates. According to Forbes he currently has $81,000,000,000.00.
He has that money because every day he gets up and goes to work….Oh wait…. actually he doesn’t do that at all. Actually he is retired. He has been retired for 14 years.
Most people, when they retire, don’t end up with more money 14 years later. But Bill does.
Not only does Bill not work, but he also spends everyday giving away his money……And he still has Billions more then you. How embarrassing for you.
You go to work everyday. He doesn’t go to work ever. He still makes Billions and billions and billions more. You should be ashamed.
This all proves the point that rich people have more money because they work harder.
When Bill retired (in 2000) he actually lost his ranking as the worlds richest man.
Working was not as profitable (for Bill) as not working.
In 2000 Bill only had $51,000,000,000.00. He has made 30 Billion (more) not going to work. Isn’t that how it works for everyone?
But that is not all. If you believe Bill (which I don’t) he has also given away 30 Billion.
So add the 30 Billion, to the 81 billion, and Bill actually has made 111 Billion. Take the 111 and minus the 51 (he made when he worked) and you see Bill Gates has made 60 Billion Dollars in retirement. Doesn’t everybody?
Just the money he has made in retirement would make Bill Gates the second richest person on the planet.
5 billion people on the planet…. and Bill makes more then all of them….. all while not doing anything.
Must be nice. Poor people should take notice.

Friday, September 26, 2014

High Tech Repo Man......

The starter interrupt device, a small piece of technology that can disable a car if a borrower is just one day late in making a payment.

The rise in the devices comes amid a surge in auto loans given to subprime borrowers, or people with credit scores below 640. About one-third of all auto loans are now given to subprime borrowers, up from slightly more than one-quarter in 2010, according to Equifax.

"payment assurance devices," the technology allows the repo man to shut down a car if a subprime borrower is even one day late in making a payment.

Many starter interrupt devices require a borrower to enter a code provided by the dealer each month, after they've made an on-time payment. If the payments are missed, the lender can remotely shut off the car's starter, and then use the device's GPS to track down the vehicle and repossess.

about 2 million vehicles now equipped with the devices,

complaints are arising, with some borrowers saying their cars have been shut off while idling and even while driving on the freeway, 

The ability for lenders to shut off cars remotely may strike some consumers as unethical, and some examples cited in The Times raise questions about the safety of the devices.

"No middle-class person would ever be hounded for being a day late," Robert Swearingen, a lawyer with Legal Services of Eastern Missouri, told the publication. "But for poor people, there is a debt collector right there in the car with them."

http://www.cbsnews.com/news/why-the-repo-man-can-remotely-shut-off-your-car-engine/

Monday, September 22, 2014

Liberals not Liking Hillary Clinton.....

Much of the criticism of Hillary Clinton comes from the liberal base of the Democratic Party.  Hillary is thought to be too cozy with big business, and the Wall Street elite. 

To see this is true all you have to do is look at the Clinton Global Initiative conference going on right now in New York City.  It is a who’s who of corporate and world elite. 

If you are not incredibly rich, and completely connected, you will not be attending the Clinton Global Initiative.  Average people are not welcome there.


One of the issues liberals care about is the proliferation of genetically modified foods (GMO).  People don’t like them, and nobody wants to eat them.  Unfortunately Hillary Clinton does like them (for you…. not for her) and supports them often. 

Here Hillary is in June giving a 65 minute speech on how great GMO’s are.  Not only does she love them, but she wants taxpayers to subsidize them.  The industry was all smiles listening to Hillary.


When you look at the corporate sponsors of the Clinton Global Initiative you will see Monsanto.  The king of the GMO movement is only too happy to help support the Clinton political machine.  Monsanto supports Hillary, and Hillary supports Monsanto. 

Not only is Monsanto a corporate sponsor, but their CEO is also a speaker. Oh goody.

So if you don’t like GMO make sure you don’t support Hillary.

Do you like fracking?  You know…. where they pump toxic chemicals in the ground to release natural gas.  The ground water gets contaminated.  Earthquakes break out.  It is a great deal for companies like Exxon Mobil.  So to nobody’s surprise look who is also sponsoring the Clinton Global Initiative….Hey it is Exxon Mobil. Where do you think Hillary is going to come down on Fracking?

Do you like big greedy Wall Street banks?  So does Hillary.  They are all there in NYC sponsoring the Clintons.  Goldman Sachs is there.  JP Morgan is there.  Barclays is there.  Deutsche Bank is there.  Remember when taxpayers had to bail out these big banks.  Well the architect of that bailout was Mr. Hank Paulson, and he is also there. 

It makes sense since Bill Clinton deregulated the Banks.  Then the banks shot themselves in the foot.  Then Hank Paulson bailed them all out (with your money).  Now they are all in NYC sipping Champaign with the Clintons.  I am sure there is a ton of back slaps, as they reminisce on how they screwed it all up, and then made you pay for it.

Well 2016 is coming soon, so make sure you remember all of these things when you go into the voting booth.  Hillary and corporate America are counting on your support.  So if you don’t like any of these things…… make sure you find Hillary’s name and then vote for somebody else.

Tuesday, September 16, 2014

Budweiser is pissed with NFL.....

You can’t watch an NFL football game (over the last 30 years) without seeing a Budweiser Commercial.
Budweiser and the NFL go hand in hand.
$200,000,000.00 in sponsorship of NFL games per year.

Right now Budweiser is not happy with all the Unconscious girlfriends, and beaten 4 year olds.
So while bruised pictures (of a whipped and beaten 4 year old) might not impress Roger Goodell…..When Budweiser slams their fist on the table top, and asks what the hell is going on around here…..You bet your sweet ass Roger Goodells head will whip around to see what just happened.
Budweiser being pissed will be measured on the ricter scale, that is for sure.
The only thing the NFL notices is $$$$$$$. If beating your 4 year old affects the $$$$$$ coming in, then change will come.
If beating your 4 year old doesn’t affect the $$$$$$ then everyone has a green light to continue beating.
I think in the NFL corporate offices right now they are passing around the TUMS.

Adrian Peterson is going to Play this weekend why?

On August 28th Roger Goodell stood in front of the gathered media and admitted he made a mistake. He didn’t take seriously (enough) a woman getting punch unconscious in an elevator. He said he and his league would do better.
Now 3 weeks later he has a chance to do better…...but will he.
If he does (do better) it means he will take the best running back in the NFL and sit him down for beating his 4 year old child.
The Minnesota Vikings did sit Adrian Peterson for one game. They hoped that would be enough to shut everyone up. They hoped the media would nod in approval and move onto other things.
Yesterday they reinstated Peterson and he is expected to play this Sunday. Their excuse is the legal process needs to be completed before more NFL punishment is administered.
But why?
There is no dispute Adrian Peterson beat his 4 year old with a tree branch. He has admitted he did it. The discrepancy is whether beating a 4 year old (with a tree branch) is an acceptable punishment, or a crime.
The 4 year olds mother looked at the bruises on the boys, arms, legs, butt, and decided he needed to go to a doctor.
The doctor looked at the 4 olds injuries and decided Child Protective Services needed to be called.
Child protective services looked at the injuries and decided the Police Department needed to be called.
The Police department looked at the injuries and decided the Prosecutor needed to be notified.
The prosecutor looked at the injuries and decided a Grand Jury needed to be formed.
The Grand Jury looked at the injuries and decided an indictment was in order.
Everyone who has looked at this beaten 4 year old concluded the exact same thing. Everyone except the Minnesota Vikings and Roger Goodell that is.
The whole world watched Roger on August 28th promise to do the right thing. The whole world is Watching Roger today and waiting for it to happen.

Tuesday, September 9, 2014

Home Depots Outsourcing Debacle....Hope you are not mad.

Home Depot is investigating what could be the biggest data breach EVER. Bigger then the Target debacle from last year.
Possibly 60 million customers affected. If you bought anything on a credit or debit card in the last year congrats….You personal information could be at risk.
To understand why this happens just read the article from 2011. Tells you everything you need to know.
Save money by outsourcing overseas because it always ends great. Americans lose jobs…..Fantastic! Consumers have all their personal information put at jeopardy. Yay!!!!
But hey….That is a small price to pay for Home Depot to save money. Hope that fertilizer was worth it.
Anytime there is a National debacle just follow the outsourcing.
Now, U.S. firms are quietly moving high-paying accounting, finance and human resource jobs offshore.
American companies have slashed 2.9 million jobs in the United States. At the same time, they have created 2.4 million jobs for people overseas.
Home Depot has laid off thousands of workers, including hundreds at its worldwide corporate headquarters in Vinings in Cobb County. At the same time, it's hiring hundreds of workers thousands of miles away.
Federal Labor Department records show Home Depot has moved jobs from Vinings to India.
Companies usually keep outsourcing details a secret, but two Home Depot executives taped a testimonial posted online for the outsourcing company in India now is handling some of their accounting functions.
On the testimonial, one executive said, "Really what I was looking for was the same thing at less cost."
Another executive appeared to claim that workers offshore are more competent, saying, "They manage our processes much better. They do the processes better than we would have ever done them here."
Home Depot declined a Channel 2 Action News request for an interview.
"I think Georgians who go to Home Depot to purchase materials would be offended to know that Home Depot is sending jobs to India and laying off people in Vinings," said State Sen. Nan Orock.
Not only are jobs going overseas, so is personal financial information. Atlanta-based Equifax is routing calls and credit files to an overseas contractor in places like Jamaica, Costa Rica

Wednesday, September 3, 2014

Miller Lites White Can.......

The power of marketing.
Miller Lite went back to their old white can and sales went up. People thought Miller Lite actually improved their product. People thought the beer even tasted better. In fact it is the same crappy beer it has always been….Just in a white can. No matter, people like it and are buying it….. so the White can will remain.
A few years ago Tropicana Orange Juice replaced their iconic Orange with a straw poked outinto it with a different look. The result was outrage and sales of Tropicana plummeted. This caused the quick return of the orange with the straw poked out the side.
The take away here is that the product means nothing. But your packaging better be right.