CUT UP YOUR AMERICAN EXPRESS CARD!!!

13 11 2008

Not sure what the rest of the world thinks but I’d highly suggest that if you have an American Express Card that you dump them as credit card company.  This company decided that to take full advantage of the government bail out plan that it would switch it’s company platform and now become a bank holding company.  What a crock of @#$%!!!!!  americanexpress All they really did was make themselves available for a free hand out.  The Feds should be held responsible and quit frankly I think Bush should be outraged that they let this happen.  Fire Bernanke, he’s an idiot in my humble opinion.  While I first supported the bail out because I think the rubber had finally hit the road and the Bush Administration had no choice…perhaps no balls would be the best way of putting it, I’m getting a bit tired of hearing how this bail out is being used…mind you for all the wrong ways.  Perhaps the car industries should just fold, take their losses and find a better means of trying to make it work.  Housing industry took a huge hit, it’s not screaming for a free handout.  Why don’t we offer some REAL incentive for people to buy cars now, 2008 & 2009!  0% financing is great, money off, pretty good, but hows about deducting the entire first years worth of car payments off your taxes?  We need much better stimulas packages NOW vs. 50 billion that in the end won’t stop the bleeding.  Buying cars NOW helps the economy rebound, buying houses NOW will help the financial institutions.  MORE REGULATION IS NOT THE SOLUTION, hell most of the troubled companies were regulated to the hill in the first place (Freddie Mac/Fannie Mae) it didn’t help.

American Express has been granted bank holding company status by the Federal Reserve. In a press release issued following the Fed’s announcement this afternoon, Amex said that “qualifying as a bank holding company will provide American Express maximum flexibility and stability in this challenging economic environment. It aligns American Express’ regulatory status with other companies in the financial services industry, further diversifies the Company’s funding sources and access to capital, and provides opportunities to expand its deposit-taking capabilities.”

“Given the continued volatility in the financial markets, we want to be best positioned to take advantage of the various programs the federal government has introduced or may introduce to support U.S. financial institutions… (that’s code for we want more free money)


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Categories : American Express, Bail Out, Ben Bernanke, Bush, Corporate Theft, Federal Reserve, Feds, Holding Companies

Pelosi - Smoking Dope & Rubbin Oil

12 11 2008

Was in West Lafayette yesterday and paid $1.88 at a BP Petroleum station!!!  I thought for sure it was a miss print.  Nope, it was the real deal.  Once I left Lake County the gas prices started to fall at a pretty fast rate.  Additives in Porter & Lake county spike the price up anywhere from $.07-$.12 per gallon.  bp-gas-price1If we didn’t have this rediculeous law (which at least in Porter County I hear we are trying to get removed), that would bring it down to about $2.08, $2.07.  Where is the next $.20+ hike?  Are we getting royalty screwed up here in NW Indiana?  I couldn’t fill up for much less than $60 during the peak time this summer.  I filled up for $31 yesterday.  WOW, there is a huge swing.  While the gas prices hurt certain economic factors, it does put more money into the pockets of the consumers each week.  Now this might be a better stimulas package than the Nancy “my god I have cramps” Pelosi has recommended.

Oil prices fell to near a 20-month low of $60 a barrel Tuesday as hopes waned that a huge Chinese spending plan will do much to avert a prolonged slowdown in the global economy.

Light, sweet crude for December delivery was down $1.95 to $60.46 a barrel in electronic trading on the New York Mercantile Exchange by midday in Europe. Earlier in the session, it fell as low as $59.32 before rebounding.

The contract overnight rose $1.37 to settle at $62.41.

In London, December Brent crude fell $1.84 to $57.21 a barrel on the ICE Futures exchange.

Oil closed at $60.77 on Nov. 6, the lowest closing price since March 2007, and has fallen about 59 percent since reaching a record $147.27 in mid-July.


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Categories : Gas Prices Nancy Pelosi, Lake County, Northwest Indiana, Oil Prices, Porter County, crude oil prices, stimulas package

Is the Magazine Business Going Dead?

12 11 2008

Original Article

U.S. News & World Report is getting out of the newsmagazine business and going all digital.

While you and still order the magazine in its original print version and they will continue to have printed us-news-reportpieces, the majority of the magazine will be available on-line.  The financially struggling magazine, which cut back to biweekly publication earlier this year, now plans to reinvent itself on the Web. While it will publish one print edition each month, according to staffers briefed on the decision, these will be entirely devoted to consumer guides — such as its annual rankings of colleges and hospitals — and contain no other news.

The Washington-based magazine, owned by real estate developer Mort Zuckerman, has long been outsold by Time and Newsweek, and several rounds of layoffs in recent years have left U.S. News a shell of its former self. High-profile writers such as Roger Simon, now with Politico, were let go.


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Categories : Adverting, Communications, US News & World Report Magazine, digital media, financial struggling magazines, magazine printing, printing, printing dead

And The Beat Goes On

5 11 2008

Barack Wins…now he really has a dilemma, he’ll be the president and there isn’t going to be many places he’s going to be able to hide.  The jig is up, the blame game is over and now you’re going have to “fix it”.  That’s what you told the American people Obama, that’s the change you’ve preached and I’m going toWall Street hold you to it.  You’ll spin and lean back and forth but at the end of the day, all that talk will end up right back at your door step.

 

To the House and Senate, I’d love to see you do what Barack has done…

PUSH THE YELLOW BUTTON AND VOTE PRESENT!!,  All kidding aside, let every one of these crazy far-left lunatics be accountable for every Socialistic program they will try and push through.  Let them look into the mirror and tell them that blaming the 8 years of Bush is no longer an excuse. When they use this argument, oh and they certainly will because you can’t move coconuts that fast to launder all the money it’s going to take to solve the problems”…say to them “you said you’d fix it, now do it…that was the promise!!!

To the Republican Party – Re-tool for 4 years from now and find two or three candidates that will fit the times.  I was in the music industry for awhile and you didn’t release a new group that wasn’t playing the type of music that was currently being listen to, or at least on the verge of hitting it big.  Barrack was perfect for these economic times.  Race played an advantage but only in a political sense; mind you he pulled huge numbers with young, white, affluent communities within the key swing states of Ohio, Indiana, Pennsylvania, Florida, Colorado, Virginia & Nevada…all red states in 2004, now blue states in 2008.  That is a massive switch, one the Republicans better get a grip on come the next election.

To Barack – He only convince about half the America public that “change” was going to happen.  He has a real fight now to 1, make that change happen.  2, make it happen for the right reasons…and 3, make the other 50% of the Americans not get so mad that they revolt should his voting record of far left liberalism be the change he decides.  I think he’ll have to swing center left to convince people that they didn’t make a mistake should their taxes go up rather than down within the $250k, $200k, $150k or less tax bracket it eventually falls under.  He now will feel the pressure of a target on his back and I hope there are some people still left on capital hill that will hold this guys feet to the fire.  Oh sorry Barack, you ran a great “political campaign”, you told enough people what they wanted to hear in a climate that was fertile for the birth of the presidency!  Let’s see how long you’ll be attached to the nipple!

To Main Stream Media – there should be some odds in Vegas as to how long it will take for MSM to tear down their own creation.  I give it to the summer when we’ll see some kind of rebuke of what is happening.  They delivered the 15% they had to give Barack the edge, never really questioned any of the discrepancies Obama had on any issue and decided that the values and credentials that the rest of us hold dear in making this choice didn’t matter.  It’s the times we live in and hopefully not the times that will continue.

 

To The American Public – Take off your rose colored glasses and look at the world we live in.  Take more stock in the values we hold dear when choosing anyone for an office that represents you…the highest office in the land should be #1.  Make your voice heard and not just stand on the sidelines and complain.  The senate and house bills that will start to filter in once Barack gets his feet wet in Washington will have massive socialist wording, agendas and appeal as the end all to be all problem fixers.  THEIR NOT, their free hand outs that caused the lending industry to destroy the home industry…same freebees that were signed into legislation during the Carter & Clinton administrations.  Hold your representatives responsible and tell them if they don’t take a good hard look at these bills that you’ll vote them out of office in a heart beat.  The NRA said guns sales were up 30% on Saturday, WOW, that’s a big number!


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Categories : 2008 Election, 2008 Election Results, 2008 President Elect, 2009 Concerns, American Values, Democratic Foolishness, General Election Thoughts, Mainstream Media, Obama Wins

No Spin For Experience

4 11 2008

Well it that time, Election Tuesday.  While many will have already made up their minds who’ll they’ll vote for, some may still have lingering doubts.  Gang, if there was ever a time to pause when thinking about voting for the highest office in the land, it is now!  The direction of this country and the future our children will inherite, may greatly depend on the next four years…not only in the policy’s that are made, here, in the US, but the direction a president takes us and how this direction shapes world opinion for years to come.  Their is no replacement for experience when it comes to tackling the huge issues that face the next president.  Without this experience, one can not make the sound and clear decisions that this country needs.  VOTE FOR MCCAIN - VOTE FOR LEADERSHIP & VOTE FOR A STABLE AMERICA


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Categories : 2008 Election, Election Day, Experience, Issues of 2008 Election, John McCain, Leadership, Obama, State of America, Vote for McCain, Vote for Obama, politics

Bankrupt The Coal Industry

3 11 2008

Heard these comments that were grabbed from a San Fransisco interview concerning Obama’s views on the coal industry, his cap & trade issue & more regulatory bureaucracy.  This to create a so called “new market” to keep the coal industries from not building or expanding here in the US, thus not creating any new jobs.  We’re all for a clean environment but not at the risk of shutting down industry, or encouraging small businesses to work with the coal industry.  As a community organizer I’m convinced he has no clue on American economics. There is no stimulus here, just more red tape for the coal industry to jump through.  Barack then has the audacityto claim that he’ll stop the company’s who are getting the tax breaks for sending jobs overseas.  If you wanted to build a coal plant or any other business for that matter, where would you build it?  There is no incentive for the small business owners to take the risk at staring a business, creating jobs if all that Obama’s philosophy is the create more legislation for business to work through.  Just thought the people in Ohio, Indiana, Pennsylvania, Virginia, and Colorado should take a listen prior to voting tomorrow.


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Categories : 2008 Election, Bankrupt Coal Industry, Barack Obama, Clean Coal, Coal Producing States, Colorado, Indiana, Issues of 2008 Election, Ohio, Pennsylvania, Regulations, Virginia

WHAT FOREIGN POLICY EXPERIENCE?

3 11 2008

#2 - There Isn’t Any Experience, Foreign Policy or Any Other Place!!!!!!!!!!!!!!!!!!!!


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Categories : 2008 Election, 2008 Election Concerns, 2008 Presidental Credentials, Barack Obama, Foreign Policy, Lack of Experience, McCain

Conflict-Ridden Change & Tax Superflation

3 11 2008

#4 - Divisive Politics

#3 - Taxes, Spending, More Taxes, Less Jobs, Small Businesses Shut Down


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Categories : 2008 Election, Barack Obama, Change, Issues of 2008 Election, McCain, Small Business, Spending, Taxes

Bailout Funds Being Spent In Ways Congress Never Foresaw

31 10 2008

Original Article

Had to throw this one into the mix.  Was this what the bailout plan had in mind?  Is this healthy for banks to be doing this with thei billions of dollars they were given?

WASHINGTON — After a bruising battle to get it through a doubting Congress, the Bush administration’s $700 billion Wall Street rescue plan to purchase distressed mortgages and other bad assets has morphed into something else entirely.

Today the Emergency Economic Stabilization Plan, signed by President Bush on Oct. 3, involves the government taking direct equity stakes in banks, and at least one bank used the money to buy a rival. The taxpayer money’s also expected to be used to buy stakes in life insurance companies, and may soon even go to help two struggling Detroit automakers merge….


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Categories : Bailout Plan, Emergency Economic Stabilization Plan, Mortgage Relief, Mortgages, Results of Bailout Plan, Wall Street, rescue plan

Mainstream? Checks & Balances?

31 10 2008

The polls are tightening (as we knew they would) and may, as we draw closer to walking in that booth to cast our vote, are beginning to see just how little experience Barack has.  Why did Clinton the other day get up and reinforce this, because it’s true, he hasn’t had enough congressional experience to lead a nation.  His time in the senate alone isn’t enough time to really run for much more than another term as senator…THAT’s IT.  He has surrounded himself with lots of people who talk in his ear (alot of questionable views and actions mind you) becasue he hasn’t had the experience to understand the complexities of the issues.  The outcome of his decisions, should he be able to make one (he chose present 130 times when in the Illinois Senate, that’s not a yes or no, it’s a maybe) may be devastating for future generations to come.  Take pause people, your vote for Obama would be a vote for a person who hasn’t been around the heavy, intense congressional warfare of issues.  He has swung to and on many ideas leaving us to ponder what his true beliefs really are…his record is not long nor has he past any MAJOR legislation when an senator.  That’s not an opinion, just just PLAN, GOOD OLD AMERICAN FACT!

#6 - OUT OF TOUCH FROM MAINSTREAM AMERICA

#5 - A COMPLETE TAKE OVER


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Categories : 2008 Election, Barack Obama, Democracy, Illinois Senate, Obama Mainstream, Obama's Views

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