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Posts archive for: March, 2009
  • President Obama Presents Afghanistan Future Plan!

    President Barack Obama presented an outline for his plan to
    deal with the Afghanistan/Pakistan problem. H sees the two regions as joined. If we cannot solve the problems in Pakistan, with the factions warring against the United States and the Paistan Govrernment, to the point that the Pakistan Government may not stand, our efforts in Afghanistan may be for naught. The President said that he wanted to send an additional four thousand troops along with the seventeen thousand already approved by the Bush Administration last year. The four thousand troops will be
    training the Afghans. There will be nine hundred civilians who will be sent to assist in the country's construction as well. The military will be trying to peel off the good Taliban in Afghanistan,it will be harder, because no one knows them nor where they are located. So far there has not been a massive shift to the USby these people.
    President Obama also said that there will be benchmarks to measure the progress in the region. Ambassador Richard Holbrooke will be the special envoy for both of the regions.
    There will be an election in Afghanistan in August of this year. We will not dictate the future of Afghanistan, the President said. We must also, he said stablize Pakistan.

    The President will outline a rescue plan for the automobile industry on Monday.

    The Pentagon will send troops to North dakota to assist with the flooding from the Red River. The river is supposed to crest at 42 feet, much higher than ever before.
    With the temperatures dropping to one degree. the river is supposed to freeze and that will cause more problems when the temperature rises.

    There is a report that dogs and cats cause 86,000 falls
    each year, that require emergency care, for their owners.

    The Labor Department reported that seven states, in the United States, reached a level of 10% unemployment.

    There has been a lawsuit file aganist the executives of AIG, who received bonuses. Those excutives are still going to fight to keep their bonuses.

    U. S. Treasury Department is investigating financial
    institutions, which may have back dated capital requirements.

    Google will be cutting 200 jobs.

    GM reportedly may not meet the deadline for the Government
    specified benchmarks set on the finacial aid package.

    Consumer confidence rose slightly, reportedly in February.

    Newsmaker Erving Levine passed away, he was 86, and suffered from prostate cancer.

    India is reportedly building a car called the "Tata", at a cost to the public of two thousand to two thousand five
    hundred. The car will have one windshield wiper, engine in the rear, no air conditioning, and barely anything else. If it comes over here it may be a winner, if it doesn't tip over.

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    Soft and right is good, loud and wrong is so bad.

  • Republican's Alternative Plan: Published Without Details!

    Weeks ago, Representative John Boehner, Minority Leader in the House of Representatives for the Republicans, said on camera, that they would present an alternative plan to the President's budget. Well today, hot off the presses, the plan was distributed, to all interested parties, the press included. The problem is the plan had not one detail, it was all in narrative form, and read like a rehash of the policies of the past eight years. Reporters were laughing on camera, at the lack of substantive numbers and contrasts to the President's budget, that should have been in the report. Ut was in essence a waste of printed paper. The Republican spokeman said the numbers will be announced next week. What was the problem with waiting until next week to bring out the entire plan?

    Secretary of State Hillary Clinton traveled to
    Mexico City, on her third trip as the Secretary of State. While there she spoke to Andrea Mitchell of NBC news, and said that basically, if there were not such a demand in the United States for drugs, there might not be such a drug war going on at the border of Mexico and the United States. We would agree, but now what do you do? Legalize the stuff or kill everybody involved with trafficing it as Pat Buchanan alluded to?

    Add former Secretary Condolezza Rice's name to those Republicans who think that they should not be criticizing
    President Obama, as former Vice-President Cheney has, but
    keeping silent and giving the President their loyalty. She said on Jay Leno's show, that she thought Obama would do a good job as President.

    Two tornados hit in Mississippi, damaging or destroying
    about a dozen homes, seventeen people were injured, but thankfully no deaths were reported.

    Governor Sarah Palin likes to make news, speaking to a group of Republicans, she stated that just before her speech at the Republican Convention, she was looking for someone to hold hands and pray with, from the McCain camp, and she could not find a single soul. She was the only holy person around, from the sound of her message. Somewhere we heard that when you pray you go into the closet, no need to announce your supplication to God. If she wanted to pray, pray woman. Poor John McCain, he unleashed a devil in a red dress upon us, she'll never shut up.

    Today Treasury Secretary Geithner testified before Congress, outlining the Administration's intention to overhaul the financial system, so that what has happened in the past will not happen in the future.

    he FBI is reportedly putting a freeze on the assets of Bernard Madoff's brother Peter, including his 4.6 million dollar home.

    North Korea is setting up to launch a missile,
    April 4, which Secretary of State Clinton says will be against U. N. regulations and will be provocative on the part of the North Koreans, and will probably require some action against the country.

    The latest person to withdraw as a nominee, for the Obama Administration, is the EPA Director, seems the vetting process is too arduous.

    The mother of the eight babies, is getting slammed by her former nurses, who were to help with the children but are no longer assisting her. These women are reportedly saying that the mother pays little attention to her babies, she goes shopping according to them, and when she comes back, she does not check in on the babies to see what happened while she was gone, and other things that they found neglectful of the children. What was it thst she said after the delivery of the eight babies, "she wanted all the babies", she diidn't say she wanted to take care of them properly. Please let the babies be saved by somebody soon.

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    Sometime in the future, the galloping horse of history will pass by, will you get on? (Chris Matthews)

  • President Obama: "We Are Moving in The Right Direction!"

    President Obama held a prime time news conference last evening. He addressed reporters and took about thirteen questions. The Administration's goal for last night, according to reports was to, reassure Americans regarding the programs being put in place to address the economic woes of the country, and that there is progress, to push the President's budget, and to answer questions pertaining to the overall plan and direction of said plan. It is thought by some, although not confirmed by the Administration, that President Obama is going to take the Reconilation route for passage of his budget, that is to say he will not try to get 60 votes in the Senate, only 50 plus the Vice-President's vote and move the budget through. Mr Obama's theme throughout has been, "we can't wait". He has also said that the plan being implemented by his Administration is showing signs of the country moving in the right direction. Indeed there are reports of banks loosening up the credit lines and making loans, and with the new leg of private industry, and Government combining to relieve the banks of the so called "toxic assets", movement may be spurred even more.

    Go to recovery.gov for more information on the implementation of the economic recovery plan.

    A USA Today poll reportedly showed that only 7% of Americans blame President Obama for the mess on Wall Streeet with the bonuses, and the return of the bonuses. This prompted one perosn in the government, who will be unnamed to say that Mr. Obama is not enjoying a honeymoon, he's on a "Magic Carpet Ride". Two other polls show President Obama's approval rating at 63% and 64%, nice work if you can get it, it has only been two months, there wil be plenty of time for the lowering of the absolute luv.

    Treasury Secretary Geithner testified before Congress along with Federal Reserve Chief Ben Bernanke. One point that Secretary Geithner made was that it would be a goood idea, if the Government had the capacity to take ove major companiues on the verge of possible failure, which are not banks, such as AIG, and provide a more systematic manner of restructuring the company, in essence, so that it doesn't disrupt the entire ecconomy. Much like the FDIC, when it takes over failing banks, closes them, sells them or reopens them without total disruption in the system.

    Secretary of State Hillary Clinton will visit Mexico City, this week. Her agenda may just include discussinons about the border war involving the drug cartels.

    President Obama declared the state of North Dakota a disaster
    area, due to the flooding that the state is experienceing. The red river is supposed to crest on Friday, millions of sandbags are being filled by volunteers, to try to hold off the rising waters.

    The consensus by four Republican Representatives is that it would be better if the former Vice-President, Dick Cheney, exited the stage and leave running the country to those who will be in charge ant not those like him, who were in charge, in the past. Those Republicans were John Duncan and Zack Wamp of Tennessee, Mark Kirk of Illinois and Thaddeus McCotter of Michigan. They are not too happy according to their statements with the Vice-President trying to talk down the Obama Administration's efforts regarding National Security. Here you have four men with class and logic and another with a sense of pure denial. Good job guys.

    The United Nations has issued a report condemning Israel, for the actions it took in invading the Gaza Strip and the violence and destruction caused by the decision to do so.

    Former Governor of Illinois, Rod Blagojevich, will be substituting for a radio talk show host today. He will be taking questions from his listening audience.

    Newt Gingrich stuck his head into the wind and decided to criticize Notre Dame, for inviting President Obama to speak at its commencement, because Mr. Obama's policies are so against Catholicism. Mr. Gingrich is supposedly pondering returning to his faith of being a Catholic. One television commentator
    give a brief history of Mr. Gingrich's marital affairs, number one, left his first wife, while she was hospitalized for another woman, he left his second wife after cheating with another woman, whom he married. What faith did you say you espoused to, Mr. Gingrich? Better watch those glass houses.

    It is reported that Goldman Sachs may return the TARP funds it received from the government.

    Lance Armstrong, will reportedly have surgery to stablize his broken collarbone.

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    If someone won't listen to you, praise them, they will hear every word you say from then on. (From the late Allen Luden)

  • President Obama vs His Cousin: Vice-President Cheney!

    Lest we forget President Obama is distantly related to former Vice-President Dick Cheney. Obama is also distantly related to about six past presidents, therefore we do not think that it is by accident, that he has come to this place in time. So it is very interesting when former Vice-President Cheney starts to try to make the administration that he served in, the only one in current times which has kept the United States safe by implementing torture techniques to try to obtain information from terrorists, and that the Obama Administration is making the country less safe by ending torture techniques approved by the Bush-Cheney team, it smacks of hypocrisy, and revisionist history. On 60 Minutes on this past Sunday, President Obama said, in essence that the things that Vice-President alluded to, had no basis in fact. That what their policies did, was to stir up great anti-American hatred around the world, making us less safe. Mr. Obama asked a rhetorical question, how many terrorists have been convicted and sentenced out of Guantanamo, or brought to justice. The answer is zero. One person is on trial at the current time. Mr. Obama believes as he was stating on 60 Minutes, that we can maintain our country's sense of diginity and constitutional correctness, and still keep our country safe and secure. His cousin, Mr. Cheney would surely disagree.

    Treasury Secretary Geithner offered up the administration's bank solvency plan today, stating that the government and private industry would join, in purchasing the toxic assets from the banks which owned them, estimated at one trillion dollars plus, by some. The FDIC would back up the purchases. Both entities would share the profits and the losses. The stock market exhaled and bounced up some 497 points by the close of the day. Wall Street was glad there was a plan at last. It may not be the best plan, but at least there is something in place to try to stop the inertia at the banks, which are not lending to the public, in a meaningful manner.

    CNN reports that community banks are prospering, two, one in Long Island, New York, and one in Philadelphia, have seen their deposits increase or double. Hanover Community Bank in New York has grown so much that they are considering opening another branch. Valley Green Bank in Philadelphia, three years in existence met the requirement of FDIC, which insures its
    depositors. Both banks concentrate on the people of their respective communities.

    Attorney General Andrew Cuomo, says that nine of ten AIG employess who received bonuses, have given them back. Mr. Cuomo is expecting more to give back their bonuses.

    Attorney says Madoff's assets total at least one billion dollars.

    Newspapers are failing all over the country, as the economy
    keeps shrinking, and consumers turn to the internet for their news reports.

    Lance Armstrong, fell during a ride in Spain and broke his collarbone. The injury may hinder Mr. Armstrong's comeback and his Tour De' France participation in July of this year. He will meet with doctors, according to reports, to determine if he needs surgery.

    Vermont Senate has voted to legalize same-sex marriages.

    Bruce Willis has married his model-actress girlfriend.

    David Letterman and his lady, have tied the legal knot,
    after dating since 1986, they have a five year old son.
    They married in Montana on Thursday of last week.

    The town of Fargo, North Dakota is in danger of being over taken by flood waters from the Red River. One to two more inches of rain is expected. The river is expected to crest sometime on Friday. They need volunteers to help with sandbags. They are running out of time. Six thousand homes are effected, reportedly they need one million or more sandbags.

    A small plane crashed in Montana, near Butte. The reports are that the plane was supposed to carry only 11 passengers, but there were fourteen individuals, seven children and seven adults, all of whom perished on board.

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    Ladies, if it is not too late, never leave your purse on the floor, near your seat at the movies.

  • Secretary Geithner's Plan: Government and Private Funds to be Used!

    It has been reported that, Monday, Treasury Secretary Geithner will unveil a plan to assist the banks to begin lending again, more aggressively. The plan involves using Government funds and also private funds combined to purchase the toxic assets, of those banks which have them on their books. This will free the banks to use the monies they have available to increase their lending. Without knowing the value of the toxic assets on their books, the banks were reluctant to make new loans, not knowing how much would have to be written off and taken as a loss on their books. This method, if enacted, will free up capital to used to grant loans of all types. It has also been reported that upon hearing that the plan had been completed, the banks have begun lending again. The cost of the toxic assets is estimated at one tillion dollars.

    President Obama made remarks to the extent, that if Secretary Tim Geithner, were to submit his resignation, he would say to him "sorry buddy, you've still got the job".

    The Democratic National Committee met over the week-end to
    mobilize the people from the e-mail list gathered by the Obama campaign during the primary and general election. The committee will urge people to becoime advocstes for President Obama's budget, his health care plan, and new energy sources.

    The President spoke to Small Business Executives and expresssed a desire to create a system, whereby small business loans will be scrutized and granted, outside the purvues of the banking system.

    A financial disclosure form reportedly, showed that President Obama intends to write a non-fiction book after he leaves office.

    In case you missed it, Fox commentator Laura Ingraham said Meghan McCain was a "plus sized model", McCain reportedly
    shot back "kiss my plus sized a.....", on the View, without a bleep. Well!

    Some Hedge Fund investors have hired private investigators to side-step operators like Madoff.

    Some are saying the "Bull Market" rally has begun, we say, like we know something special, "too soon". Time will tell. One White House economist said Sunday, the problems in the market should bottom out by the end of this year.

    Security at Sydney Airport may be increased, after gang killing at check-in.

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    Sometimes you do need to rock the boat.

  • Senate: No Increase in Excise Tax For AIG Executives!

    The bill to increase the excise tax on the bonuses for those at AIG, which was put forth, and passed by the House of Representsatives, was sent to the Senate, where it was put on hold. The bill was designed to tax the bonuses of the executives of AIG and possibly others, up to 90%. The bill is thought by many to be unconstitutional, one reason is that it is an expo facto bill, one being put in effect "after the fact", which Article 9 of the Constitution does not allow. The executives of AIG are beginning to return the bonuses, which has been a result partly of the threat of increasing the excise tax up to 90%. Therefore, there may not need to be an effort to pass a bill which is unconstitutional to begin with.

    The Obama Administration is said to be seeking new and stronger oversight over banks and Wall Street firms and other financial institutions, specifically targeted at salaries.

    President Obama issued a video tape, with a message to Iran, that the United States will try to work out their differences with Iran through diplomacy, also he said in essence it does not further the cause of diplomacy by issuing threats.

    Treasury Secretary Geithner reportedly, completed plan to remove toxic assets from the banks, and spurs lending by the banks.

    It has been reported that although the United States has given the African countries, one trillion dollars in aid, over 50% of the countries in Africa remain in poverty and debt ridden.

    During Pope Benedict's trip to Angola, two people were trampled to death, just before the Pope was to give his speech. The Vatican issued a statement of remorse from the Pope regarding the incident.

    One of the two women journalists, being held by the North Korean Government, is reportedly the sister of journalist Lisa Ling.

    Chrysler is seeking another five billion dollars in assistance from the Federal Government, by March 31. It has been reported
    that if Chrysler receives the funds, it should be able to exist as a stand alone company, this according to the Wall Street Journal.

    Conneticut's Attorney General has reported that the AIG bonuses actually total two-hundred and ten million dollars, not the one-hundred and sixty-five million dollars as originally reported.

    A bridge in Biloxi, Mississippi has collapsed.

    China's five hundred and eighty-six billion dollar stimulus, may boost its economy by as much as 1.9%, according to reports.

    France has been welcomed back into NATO's Military Command, by the United States, after a 45 year hiatus.

    The EU leaders, agree to double its assistance to troubled, stressed states, and is seen as a boost to the East.

    If you love chocolate, check out www.chocolatefarm.com. A twelve year old girl and her brother are earning money for college, by selling chocolate candy treats, and a recipe book.

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    A thirst for knowledge, will always leave you wanting more.

  • Judges to Madoff: Stay in Jail!

    Three appeal court judges, heard Bernard Madoff's lawyer's make the best case that they could, to request that the court allow Mr. Madoff leave jail and go back to his penthouse, to await his sentencing on June 16th. The judges listened to their story, went into deliberation and came back with a resounding "no"! The appeal court judges agreed with the lower court's ruling that Mr. Madoff should be in jail until his sentence is handed down.

    The state of Vermont lawmakers, unanimously has introduced a bill, legalizing same sex marriage.

    Mission accomplished! The solar wings have been attached to the International Space Station successfully. The Discovery
    shuttle will be on its way back in a short time. Good Job!

    President Obama released a video with a message to Iran.

    President Obama will be meeting with Governor Edward Rendell of Pennsylvania, Mayor Michael Bloomberg, of New York and the Governor of California to discuss transportation issues.

    First Lady Michelle Obama, has broken ground at the White House, to plant a vegetable garden. This is reporedly the first such garden since Eleanor Roosevelt planted a Victory Garden.

    Fed Chairman Ben Bernanke has announced, reportedly that the banks in the United States will need $750 billion dollars in additional capital in order to restructure.

    The Republicans reportedly, thus far this year, have raised more funds than the Democrats, $5.1 million, to $3.2 million for the Democrats. It is said that the Democrats got a late start.

    The public has given Democrats and Republicans the same chance of receiving their generic vote. Forty-two percentage points each, as to who they would vote for in 2010.

    The Greek Merchant Marines reported, that a Greek ship has beeb seized in the Gulf of Aden, off the coast of Somalia, by pirates.

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    It is not necessary that you be loud, in order to be profound.

  • Dems Open Trap Door, Republicans Fall Right In!

    The loud uproar over the huge bonuses receieved by AIG executives continued today, with calls for Treasury Secretary Geithner's resignation, and President Obama standing firmly behind him, not waivering in his support. The Republicans kept trying to throw blame on the Obama administration for allowing the bonuses to be paid by AIG, while the company received TARP money for a bailout. But, the bill allowing it, was a part of the previous administration and occurred in September 2008, prior to Obama being elected as President, so that dog doesn't bark. But the power play of the day was a move by Speaker Nancy Pelosi and Representative Barney Frank, who introduced a bill in the House, affixing an Excise Tax of up to 90% on the bonuses that AIG executives received. The bill was going to pass with only the Democrats, when the Republicans not wanting to appear to allow the executives to keep the money, jumped on board, over 80 of them and backed the bill. The big problem is the bill is unconstitutional. No bill can be written expo facto, "after the fact", nor can you pass a Bill of Attainer, one directed at specific individuals, according to Article 9 of the Constitution. All lawmakers must or should know this, the Republicans were tricked into voting for an ubconstitutional bill, which will never get to the Senate. Just last week the Rebublicans were shouting to the hills, "you can't cap executives salaries, it is against our great capitalistic system", in essence. What a crowd, not to
    memtion the Democrats playibg games in the Congress, just to make the Republicans look like hypocrites, and that they did.

    AIG delivered the names of the executives who received the bonuses to the Attorney General of New York, Andrew Cuomo.

    If interested in home affordability, and information regarding same, go to www.makinghomesaffordable.gov, set up by the Obama administration for the public.

    President Obama held another town hall meeting in California, and visited an Electric Vehicle Technical Center. Thursday night the President appeared on the Jay Leno show, the first time an elected president did so. Others were on the comedy shows while they were running for office. President Obama will appear on Sixty Minutes on this Sunday, and will hold a press conference early next week. His budget is the main item on his agenda.

    The Government will give auto parts suppliers, five billion dollars in assistance, to try to prop them up, until they can become solvent.

    According to Representative John Lewis, of Georgia, 13 companies, who received bailout money, owe $220 million dollars in back taxes. They also lied to Congress about that fact according to reports.

    The lights were dimmed on New York's Broadway on Wednesday night for Actor Ron Silver, and Thursday night at 8 p.m., for Actress Nastasha Richardson.

    Jay Leno will host a second free show in Detroit, Michigan, for those who are unemployed.

    FedEx will extend job cuts and pay cuts, as profits fall 75%.

    Americans drove less in January, making it the 14th month in a row, as the economy slows down.

    Two women journalists taking pictures on the North Korean
    border, were detained by North Korean soldiers, according to a report by a group of missionaries.

    This week marks the sixth year anniversary of the beginning of the Iraq war.

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    You can never be accused of talking too much, as long as what you are saying is of some importance to someone.

  • Stage & Film Star, Natasha Richardson Dies After Ski Accident!

    Natasha Richardson, wife of Liam Neeson, and daughter of Vanessa Redgrave, has died after a fall, on a ski slope in Canada. when she hit her head. Ms Richardson initially, as reported, was laughing after, the fall on Mobday and everyone including her, thought that she was fine. She began to have a severe headache, and was taken to the hospital, where things turned tragically worse, and she was brain dead, before too long, on Tuesday. It was reported that she was kept alive, on life support, after being declared brain dead, so that they could transport her home, so her two children could say good-bye to their mother. It was also reported that she was not wearing a helmet at the time of the fall and head injury. She was 45 years of age. She won a Tony for her performance in Caberet.

    Actress Jessica Lange, has been hospitalized after a fall.

    The Washington Post has reported that ther will be a "civilian surge" into Afghanistan. Civilian officials will be sent as part of a larger strategy, fifty people to start and more gradually to the region.

    President Obama is reportedly going to endorse a U. N. Declaration, calling for world-wide decriminalization of homosexuality. Former President Bush refused to endorse such a declaration.

    President Obama held a town hall meeting in Costa Mesa, California, where among other things, he outlined why we could not just let large entities such as AIG fail. The President will also appear on Jay Leno's show on Thursday night.

    Former President Bush has reportedly said that he will not criticize President Obama, "he deserves my silence". The former President will be writing a book outlining the twelve most difficult decisions he made during his presidency.

    Senator Evan Byah, Democrat of Indiana, and fourteen other Democrats have formed a moderate group, to deal with making sure the Government uses fiscal responsibility when it comes to the budget, and any other areas.

    The House of Representatives, will reportedly meet tomorrow to draw up a new bill to tax the bonuses of the executives at AIG.

    A big mystery was solved today, when Senator Chris Dodd confessed that his staff had been told by the Obama administration to take out the language in the bill relating to the non-funding of the executive bonuses, because of concern about the legality of the contracts binding the payment of the bonuses. Senator Dodd, Head of the Senate Banking Committee, had previously said he basically knew nothing about the language being taken out. He was naturally sorry for his inadmission to what he was asked. Would that be a lie?

    The CEO of AIG, Edward Liddy, testified before a House Sub-committee today, and said that he had asked those who received over one-hundred thousand dollars, to give back at least one-half of the bonus money. He said many of them were willing to return the money. mr. Liddy took over in 2008 for the Government, and is receiving a one-dollar salary, and trying to wind the company down without having the very toxic part of the company blow up, and cause much damage to the economy, more than it already has. There was a report that some of the executives were given bonuses to retain them, because they threatened to take secrets of AIG to other companies. They left anyway in some cases. Jail time on the menu anyone?

    The Federal Reserve is aggressively going to drive down all types of debt, by investing one trillion dollars into long term U. S. Treasuries, and also buying bonds from Fannie Mae.

    The accountant for Bernard Madoff, David Friehling, was charged, reportedly with six criminal counts, including securities fraud, and filing false audit reports. He was released on 2.5 million dollars bail. The FBI is said to be going after thirty million dollars lent to the Madoff sons.

    A judge has ordered that Bank of America must turn over the records detailing the Merrill Lynch bonuses, to the Attorney General of New York, Andrew Cuomo.

    The Discovery launched safely with the Space Station, and two astronauts will reportedly attach the three million dollar, solar wings to the station.

    Three hundred Federal Agents, reportedly will be sent to the Southwestern, Mexican/U.S. border, in order to try to stem the violence being caused by the drug gangs coming across the border.

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    Believe, until there is a valid reason to disbelieve.

  • Firestorms and Millions! Will AIG Pay the Piper?

    There has been an eruption of a huge magnitude. AIG disclosed in early 2008, reportedly that there were bonuses of one-hundred and sixty-five million, scheduled by contract to be paid to certain employees. Problem is, no one paid any attention until now, when AIG has receved billions of dollars in bailout money from the Federal Governmnet. The Government now has an 80% share in AIG at this time, according to Democrat Barney Frank, who says that we should (Congress), not be acting like the ones who gave AIG the billions of dollars, but like those who own AIG, with a 80% share, and
    force them to return the money given to them, so that it can be returned to the taxpayers. Senator Chuck Grassley, went even further, he said in essence, "that AIG executives should get on their knees, and beg for forgiveness, or else just commit suicide". Senator Grassley later said that he did not really mean that they should kill themselves. Senator Chuck Schumer said it is disgraceful, unacceptable, and offensive to the taxpayers, that AIG should give that money back, and if they don't return the money the Government will do it for them. Senator Max Backus is looking into how high of an Excise tax can be levied, on the bonuses received. Is that legal, to target specific individuals for a higher rate of tax? Why not, since AIG paid the bonuses, and received the billions in bailout money, request that they return the equilivant of the bonuses paid?

    President Obama and the Prime Minister of Ireland held a special annual St. Patrick's Day ceremony at the White House and then went to a special lucheon.

    President Obama selected Pittsburgh Steelers owner, Dan Rooney, to be Ambassador to Ireland today.

    Supreme Court Justice, Ruth Gisberg, will begin chemo therapy treatment as a precaution, near the end of the month. She said that she would not be missing any of the court's sessions.

    Discovery docked today with the Space Station, the shuttle tokk solar wings to the station.

    Former President George Bush made his first post presidential speech today in Calgary. He had to have very special security, and used an underground tunnel to get to his destination, after the speech.

    The woman who was attacked by a chimpanzee, will reportedly file a fifty million dollar lawsuit against the animal's owner. The woman's face was multilated and she almost lost her life according to reports. The chimpanzee had to be killed.

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    Show compassion, even when you are the party, who has been wronged, forgiving makes you stronger.

  • AIG Under Fire! Bonuses Being Challenged!

    President Barack Obama took the time during his address on Monday to Small Business Executives, to wonder out loud, how AIG could pay individuals bonues for failure? AIG has accepted billions in bailout money from the Government, althought it came reportedly from the Federal Reserve and not the Treasury Department. Now the company has contractural obligations it says it must meet, which require the company to pay millions in bonuses to its employees. New York's Attorney General, Andrew Cuomo, has issued a subpoena to the company requesting data related to the bonuses. AIG may have no choice but to provide the information. Reportedly President Obama is going to try to recoup the one-hundred and sixty-five million dollars being given as bonuses, by AIG.

    President Obama has revealed that he has Irish heritage, in view of St. Patrick's Day tomorrow, how much, a whopping 3.1%,
    through a great, great, great, great grandfather.

    Federal Reserve Chairman, Ben Bernanke, reportedly may have to make massive asset purchases, to counter deeper contractions in the economy.

    Washington, D. C. is suffering from a huge rise in HIV/AIDS,
    so much so that reportedly, the area has more people with AIDS than some African countries.

    Madoff ponzi scheme victims may receive less than ten million
    dollars, from the sale of Madoff's businesses. The FBI is trying to freeze the assets of his wife Ruth, said to total ninety-two million.

    Vice-President Cheney's wife Lynne, was hospitalized after she fainted.

    U. S. Housing starts fell to their lowest point, while foreclosures soared.

    The United States Government, is calling for further political reconcilation in Pakistan.

    The United States military shot down an Iranian drone, which was flying within Iraqi airspace.

    Jim Rogers, noted investment analyst, noted that the United States bailouts will add to the risk of a global depression.

    Madza will seek aid from the Japanese Government, after the companies losses in slaes.

    Former Vice-President Cheney, in an interview on "The State of the Nation" on CNN, with John King, tried to stir up fear. that the Obama administration is risking the United States safety, by not continuing the policies of the Bush
    administration. Also how does he justify the Iraqi war, his answer "stuff happens". Would somebody, somewhere give this man a job or please let him know as Lawrence O'Donnell said on MSNBC's Rachael Maddow, that the more the voices of the Bush administration try to revise history and fear monger, the more they remind the American people of how bad they were when they were in office.

    Actor Ron Silver has died of cancer at the age of 62.

    The Red Cross is reporting on the torture carried out in the CIA jails.

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    Folic acid is reported to be an aid in memory retention.

  • Citigroup Introduces Short Term Program!

    This is a bit dated, but Citgroup has introduced a short-term program to help those facing foreclosure. It is basically an unemployment assist program. Those who have lost their jobs and are collecting unemployment, but cannot maintain their mortgage payments due to the reduction in income, are being allowed to pay $500 per month, for a three month period, with the possibility of a longer term. The modification is being
    co-ordinated through the FDIC. This will be a bridge for some homeowners, until they hopefully retrun to the work force.
    The mortages must be owned by Citi-morgage, and must be conforming loans.

    Court papers disclose that Bernard Madoff's properities are almost all in his wife Ruth's name, Their net worth at the end of 2008 was reportedly $823 million dollars. They have two yatchs, one called "Sitting Bull", the other "Little Bull". How cute.

    The NAACP has decided to sue Bank of America and Wells Fargo, for what they call forcing sub-prime mortgages on miniority people.

    The Washington Post commentary on Michael Steele, new RNC chairman, is that it would be "symbolic suicide" for the Republicans to get ride of Mr. Steele. Since when do the Republicans listen to logic??

    Howard K. Smith and the two doctors who provided prescription drugs to Anna Nicole Smith, surrender to the police and were releashed on twenty thousand dollars bail. They were arrested on eleven counts of conspiracy and distribution of illegal drugs, related to Ms. Smith's death.

    One very lucky woman took a trip to a casino, and played, at the end of the evening, according to reports, she was sixty-seven thousand dollars richer. The good and bad thing was that she was collecting unemployment compensation.

    There is a young male flight attendant on Southwest Airlines, who gives the passengers a treat by rapping the instructions for the safety issues, exit strategy, etc., on the plane. He gets the passengers involved by having them clap their habds and stomp their feet. Some of the passengers reported that
    this was the first time they ever paid attention to the instructions. Good job guy. if interested he is posted on You-tube as well.

    The Treasury Department, according to reports, is looking to aid small businesses, more dramatically.

    OPEC decided against a fourth cut in oil production, said to be concerned about the economy.

    Pakistan bows to protestors by reinstating judges, lifting ban on protests.

    Bishop Tutu, Nobel Peace Prize winner,and Ireland's Robinson, call for investigation of Gaza crimes.

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    Always look for new seas to sail in life.

  • Still the Same!

    In a small towm some time ago, a woman would stop at the only General Store to purchase her weekly needed items. The owner had a talking parrot which sat on its perch behind the counter. Each time the woman came into the store, she asked the owner for the things she needed he would put them on the counter, anything not out front, the ownerwould go to the back of the store to retrieve. Whenever the owner would go to the back of the store, the parrot would say out loud,"you are so ugly". The woman tried to ignore him most of the time, but it started to get on her nerves, so she told the store owner about it, the owner said he would try to get the parrot to stop saying what he said to her, but he was not sure that the parrot would stop.

    The next time the woman came into the store, about two weeks later, she told the owner what she wanted, he gathered everything up on the counter, those things that were kept on the shelves in the back, the owner as usual went to the back of the store to get them. While the owner was in the back,
    the parrot did not say anything. The woman was amazed, but was happy not to hear the parrot saying his awful words. She paid the owner and took her things, started walking toward the door, as she opened the door to leave, she could not resist
    looking back at the parrot, the parrot looked at her and said "you know!"

    Laughing never hurt anyone, especially if you laugh at yourself.

  • China to U. S.: Guarantee Our Repayments!

    This week the Chinese made verbal reference to the fact that the country of China was "worried" about the United States Treasuries. In essence whether the United States will be able,
    under the current economic conditions to repay China, the money that is owed when the U. S. Treasury bills and bonds that China owns mature. China's investment amounts to one trillion dollars, according to some sources. President Obama responded by stating, as reported, that there are no safer investments in the world than U. S. Treasuries.

    The stock market had four days of positive closings, as a result of positive news from three large banks which reported profitability for the beginning of the year. Bank of America, J. P. Morgan and Citigroup were the three entities. There are indications that the markets sense that the monies infused into the system by the Congress, the Federal Reserve and the Treasury Department, are showing signs of working.

    A report was made, that the Bush administration was six months late in its inception of a bank rescue plan.

    The Obama administration announced that they would no longer call people, "enemy combatants" in order to keep them as prisioners in Guantanamo Bay.

    Lawyers for Bernard Madoff, will file an appeal to have Mr. Madoff released from jail on bail. The man pleaded guilty for gosh sakes. Is this a joke? One more little item, the Madoff's net worth has been reported at $826 million dollars at the end of 2008.

    Reportedly a former SEC lawyer has been indicted on stock manipulation.

    The late Anna Nicole Smith's companion, Howard K. Smith and two of her doctors, have been charged with 11 counts of conspiracy and illegal distribution of prescription drugs, in relation to her death.

    Senior Presidential Economic Advisor, Larry Summers. stated today that from reports, consumer spending appears to have stablized.

    The launch of Discovery will take place on Sunday, reportedly, at 7:30 p.m., according to reports from NASA.

    There is a possibility that the amusement park, Six Flags will file for bankruptcy.

    Reports show that the stock market lost 40% of its value during 2008, and Americans lost 17.9% of their net worth, during the same period.

    California teachers are protesting, because they face layoffs of some 29,000 in their profession.

    N. J. Nets Basketball team, will be moving to Brooklyn, New York. The move will take place in 2011.

    Some potential refugees of Iraq, who once were considering coming to the United States, are now rethinking their decision, due to the economic situation currently in effect, in the U. S.

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    Stand for something, or you will fall for anything. (stolen from somewhere)

  • Shoe Thrower at Bush : Three Years in Prison!

    The Iraqi reporter who threw his shoes at President Bush during a press conference in Iraq with the President of Iraq, was sentenced to three years in prison for trying to abuse the President of the United States. Prior to the demise of Saddam Hussian, the reporter would have been put to death for doing the same thing. Mr. Bush ducked both of the shoes, during the incident. The Press Secretary for Mr. Bush, was not so lucky,
    she was hit in the face by one of the Secret Service Agents trying to get to the President, and had a very bad black eye for days after the incident.

    Bill Gates made the top of the list for Forbes billionaire list.

    Bernard Madoff was in court today, he pleaded guilty and the judge revoked his bail and sent him off to jail to await sentencing on the 16th of June. There was applause when the judge revoked his bail. He faces up to 170 years in jail.

    Bank of America reports making a profit and will not need any additional Government funds.

    J. P. Morgan also reported a profit for early 2009.

    The third bank reporting a profit was Citigroup, for the first two months of 2009. After all the talk of nationalization of the banks by the Federal Government, the big banks are scrambling to achieve stability to prove that they are able to survive without Government intervention. Scared
    straight? Not interested in the Government telling them how much of a bonus they could pay or receive, there is an all out urgency to get their houses in order.

    GM reported as well that it is cutting costs and will not need the additional funds promised it by the Government.

    Michael Steele continues to put his foot in his mouth, today he reported said as a Republican, that he though having an abortion, in essence should be an individual choice. What did you say? That's not the Republican way. So by the afternoon, reportedly, he now wants a ban on all abortions. If Mr. Steele lasts through June, as head of the RNC, it should be interesting.

    The news continued today among the chattering classes about the fact that Author Seymour Hearsh is writing a book describing the covert assassination rings that the former Vice-President ran which was alledgedly called "The Joint Special Operations Committee", and ran with the CIA. The CIA says the report is not true. Others say that mr. Hearsh has enough credibility, that you can not disgard what he says without checking the sources. After hearing the reports Senator Patrick leahy, who is already calling for a truth committee, is sad to be interested in knowing what this new information is about. Other senators' ears perking up as well.

    One source has said that the Sears Tower has been renamed the Willis Tower.What's that about?

    GE had its credit rating reduced, but was deemed to be stable and its stock price rose today.

    Former Governor Elliot Spitzer is said to be back in Washington, D. C., and is working in real estate.

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    Calm is a good word.

  • Speaker Pelosi: Another Stimulus May be Needed!

    Speaker of the House, Nancy Pelosi, reportedly has said that another stimulus package may be needed for the economy. The
    tax cuts for those working will soon show up in the checks of those who are effected. Those on Social Security reportedly will receive a check for $250 for each recipient, in May or June of this year.

    The White House announced a new Council on Women and Girls, to
    determine the health and economic issues which effect females and how they can be improved.

    President Obama formally announced his desire to have a world-wide stimulus for the economies. The issue will certainly be
    on the table at the G-20 meeting on April, 4.

    The new head of the RNC, Michael Steele is reportedly facing a "no confidence vote", with, according to reports, Senator John McCain looking to take the position, if it is vacated.
    We find that so hard to believe, not the Steele part, just the McCain part, but who knows?

    At a forum last evening, author and columnist Seymour Hearst,
    mentioned that he is in the process of completing a new book, which outlines how the former Vice-President Dick Cheney, orchestrated "assassination rings" around the world, set up to carry out assassinations. If this is truth, this book will certainly be a block buster. It just keeps on coming.

    The "imperfect" bill, as the President called it, of four-hundred and ten billion dollars was signed today by President Obama behind closed doors at the White House, assuring that the Governmant would have money to complete its business for this fiscal year.

    The space shuttle launch Discovery, was scrubbed today, due to a fuel tank problem.

    AT&T will reportedly hire three thousand people during 2009.

    United Technologies will cut eleven thousand jobs, according to reports.

    Four states reported an unemployment rate of 10% in January. Those states were California, South Carolina, Michigan and Rhode island.

    Prosecutors in the Bernard Madoff case, are trying to get Mr. Madoff to make restitution of one-hundred and seventy billion dollars, to those who lost money by investing in his firm, which was alledgedly running a ponzi scheme.

    The Government will still build a virtual fence along the Mexico/U. S. border, according to reports.

    Governor Sarah Palin's daughter Bristol and her fiancee, reportedly have mutually decided to call off their engagement.

    Jay Leno will be performing in Detroit for people who are unemployed and he will give away free tickets to those who wish to attend. The event is labeled "Jay Leno's Stimulus Plan".

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    If you bare your soul, please make sure the receiver is worthy of your revelations.

  • Bernanke vs Buffett: The Battle of the "B's"!

    Yesterday, Warren Buffet said the economy had fallen off a cliff, and that we were in a Pearl Harbor economic situation, today Fed Chairman Ben Benanke decided to let his voice be heard, and he in essence stated that the economy is in a bad position, but it will get better, in fact in his estimation, it should start to recover, by the end of 2009. He was assisted by Citigroup reporting that for the first two months of 2009, the company showed a profit. The stock market wanting some reassurance that a change is on the way, rose to 379 points. The overseas markets followed suit overnight.

    The Democrats are pleading with the President to "hurry, please hurry". Nice if there was a magic bullet to solve all this in a moments time.

    Bernard Madoff reportedly, will plead guilty on Thursday at court proceedings, to eleven charges ranging from wire fraud to perjury, and face 150 years in prison. Sources say he will not have to disclose anything that he has not already disclosed if he does plead guilty to the charges. Twelve people who proven by documentation that they had invested with Mr. Madoff's firm, but had not withdrawn any money at all, and had lost their investments, will recieve checks reportedly totalling one-half million dollars.

    An Illinois Sheriff is bringing a lawsuit against the nationally known Craig's List of internet fame, for listing the services of prostitutes. The ladies' ads read that they will accept 150 flowers for an hour's service. The Sheriff said that they had made 200 arrests, but the ads continue.
    Freedom of speech?

    AIG reportedly paid their bailout money to overseas banks and for public relations services.

    The Maytag Corporation has voluntarily recalled 1.6 million refrigerators, which may have an electrical problem, which could create a fire hazard. So far sixteen incidents have occurred, ranging from smoke damage to major kitchen damage. The Maytag website: www.repair.maytag.com Recall hotline
    800-638-2772.

    Sixteen patients in the Army have been exposed to a mis-managed
    insulin needle program, and tested positive for Hephatitis C.

    The National Museum of American History revealed after verifying, that the story which said that there was a message engraved in President Abraham Lincoln's pocket watch, was indeed true. The engraved message read "Jonathan Dillon, April 13, 1861. Fort Sumpter was attacked by the rebels on the above date, thank God we have a Government." It was Lincoln's everyday pocket watch, one of the presidents only valuable possessions he bought with him from Springfield, Illinois, to the White House, said Harry Rubenstein, curator of the museum's politics and reform division.

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    Carry your own load, but remember to stop and rest a while,
    when you are weary.

  • Warren Buffett: "Economy Has Fallen Off Cliff!"

    The supreme investment guru, Warren Buffett, gave an interview in which he stated that the economy has fallen off a cliff. He added that in order to inspire confidence, which is needed now,
    the Obama administration has to have and put forth a clear message. The Republicans, Mr. Buffett continued need to realize that we have one President and they should stand behind him, in essence.

    The World Bank reports that trade to hit its lowest point in 80 years.

    President Obama today signed an Executive Order lifting the ban on federally funded embryonic stem cell research. University laboratories are said to be some of the many beneficiaries. Nancy Reagan put out a statement in support of the President's action.

    Wary Muslins reportedly seek more than "gestures"
    as President Obama seeks a new way forward.

    Newt Gingrich stated that it is irrational for someone to wish that the President would fail, that would mean, Mr. Gingrich said, that we all would fail, the country would fail.

    Senator Ted Kennedy was joined by a host of friends and relatives, at the Kennedy Center last evening, for a celebration of his 77th birthday.

    Senators Richard Shelby and John McCain echoed the same sentiments by stating separtately that some of the big banks should be allowed to fail, if they cannot survive. Has anyone ever heard of a feasibility study, what would be the possible ramifications if this should occur. Was it not said after Lehman Brothers went into bankruptcy, that it should not have occurred, that it triggered many negative finacial overtures.
    According to Senator Shelby, the big "bad" banks should be buried. Are we walking around with blinders on, spouting out things that make no sense? On the other hand how much more money can the government afford to give the banks to assure solvency?

    Bernard Madoff's wife has secured her own lawyer. She wants to keep the penthouse that she lives in reportedly, and some sixty million dollars, which is supposedly her own money. Question, what money paid for the penthouse? Did she or did she not work for and with her husband? How did she earn the sixty million dollars? If anything that sixty million dollars or whatever the amount she is fighting to keep, should be distributed to some of the older people who lost all of their savings in her husband's alledged ponzi scam.

    Credit card delinquencies reportedly fell in the U. S.

    Hedge funds may cut a reported twenty thousand jobs, during 2009, as losses cut fees.

    GE shares fell a record 54% during 2008.

    The Chinese were accused by the Pentagon of harassing an unarmed U. S. Naval surveilance ship, in International waters. The report said that the Chinese waved flags at the ship and told them to leave the area.

    Bejing police, are on high alert as the 50th anniversary of the Tibetian uprising takes place.

    EU rejects U. S. spending call, said it is time to monitor the spending, plan to warn Germany on spending.

    Mexico reports highest core inflation since 2007.

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    Heard this in a movie: If pro is the opposite of con, what is the opposite of progress? Congress.

  • Global Economy Shrinks: First Time Since World War II!

    It's not "chicken little" time yet, but for the first time since World War II, the global economy has shrunk. A world wide slowdown in consumer spending, business closing, lack of bank lending and other factors, has lead to a global slowdown in economies which has ultimately has caused, reportedly, a
    shrinkage in the global economy.

    The World Bank reports that Emerging Markets will face a funding gap of seven-hundred billion dollars.

    Analysts report that a depression dynamic is taking hold as trade and the banking systems revisit the 1930's.

    Nineteen of the largest banks in the U. S. are undergoing stess tests, the final report will be released next month.

    Senator Chuck Schumer of New York and Senator Lindsey Graham of South Carolina, are promoting the idea, of the Government taking some control over certain of the banks.

    Senator John McCain has reportedly stated, that Congress should not give any more aid to GM, he said that the company should be allowed to file for bankruptcy.

    Warren Buffett reportedly lost some one-hundred and nineteen billion dollars.

    Circuit City closed its doors today, thirty-four thousand people lost their jobs, five hundred stores worldwide are gone.

    Some states in the United States are pushing for sovereignty.
    Please tell us they are among the only four, out of fifty with surpluses. Otherwise please sit down and be quiet, we are methaphorically on the Titanic, with the possibility of being rescued and you have a big old wooden raft, what's a matter you? Or is it six in one hand and half a dozen in the other?

    Asian stocks start the week higher.

    North Korea orders its army to be combat ready, ahead of U. S./South Korea drills.

    British Airways debt is reduced to junk status, remains on negative watch.

    New Zealand construction declines, housing prices fall to four year low.

    Lloyds may cut jobs as three hundred and sixty billion dollar asset guarantee, gives state control.

    A-Rod, Eric Rodrequis reportedly will undergo hip surgery.

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    Always try to carry a little natural pill of happiness in your pocket, to be used whenever needed for a natural high.

  • President Obama to Announce "Reversal on Stem Cell Ban!"

    On Friday, the Obama administration gave notice that on Monday, President Obama will sign an Executive Order which would reverse the ban on stem cell research. Much excitement has been sparked over the potential reversal, which will prompt much more research into finding new cures for many diseases.

    The First Family of the United States will travel to Europe, reportedly sometime in March.

    After one of the nominees for Surgeon General, withdrew his name for consideration, the Democrats are pushing for former Governor Howard Dean to be considered for the position. He is a physician by profession. Governor Dean was also the orginator
    of the idea of pursuing a 50 state strategy during the election, which was adopted by the Obama team and turned into a success.

    Former Secretary James Baker is said to have promoted the idea, although he does not like it, of the Federal Government
    taking over some ot the teethering banks on a temporary basis.
    Senator John kerry said that there must be a resturucturing
    of the banks in order to recapitalize them, without having the Govenment take full control.

    Federal Reserve Chairman Bernanke stated that the Fed will "forcefully" deploy all of its tools to revive the U. S. economy.

    For a period of time the United States Treasury has been printing money without a gold backing, now it is reported the the British will be starting the same practice. Join the monopoly game while its operating.

    The U. S. Airports will receive one billion dollars from the stimulus funds.

    Surging unemployment figures pressure Obama administration to take more action. Rate now at 8.1% in United States.

    Freedom Bank of Georgia seized by FDIC, toll for 2009 bank closings now at seventeen.

    Merrill's probe of the million dollar bonuses, being stymied by Bank of America says Attorney General of New York, Andrew Cuomo.

    Former First Lady Barbara Bush is being moved from the intensive care unity, at Methodist Hospital.

    Former basketball star Charles Barkley began his three day jail sentence for drunk driving. Wonder how many authographs will be given out?

    Former Governor Rod Blagojevich has lost his bid, to have U. S. Attorney Fitzgerald removed from his criminal case.

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    What you say can have an effect, but what you do will have a much, more lasting effect. Do good if you can.

  • Washington Post: Iconic U. S. Firms are Crumbling!

    The U. S. economy continues to struggle with businesses closing and layoffs being announced each week. The Labor Department announced on Friday, that 651 thousnad people lost their jobs during the month of February. The unemployment rate ticked up to 8.1%. The Washington Post reports that some of the largest, well known, iconic firms are crumbling. GM announced yesterday that it may seek bankruptcy protection. The stocks of some of those well known U. S. companies are in the tank, so to speak, CNBC's financial reports show that AIG is trading at 0.35 cents per share, Citigroup at $1.02, GM at 0.86, and Bank of America at 3.17 per share as of Friday. A fire sale indeed.

    The Senate, according to leader Harry Reid, is one vote shy of the number needed to pass the four-hundred and ten billion dollar budget bill. Senator elect Al Franken of Minnesota, is especially needed to move things along.

    Secretary of State Hillary Clinton proposed an International Summit on Afghanistan, lead by the United Nations, which would include Pakistan and Iran.

    President Obama will be crossing the pond to meet with the Queen of England prior to the G-20 Summit, on April 4. The Queen will have met with twelve presidents so far during her reign.

    Two Treasury Department nominees, withdrew their names from consideration this week, along with Dr. Sanjay Gutha, medical correspondent, for CNN, who was under consideration for the Surgeon General position in the Obama administration.

    Twelve percent of Americans with mortgages, were one month late or reportedly in foreclosure, at the end of 2008.

    Author Ben Sherwood, has written a book entitled, "The Survivors Club". Book depicts how you can decide what type survivor you are, then how you can best weather the coming or current storm in the economy. MSNBC.Com has a test to help you determine what type you are. The book seems to be highly informative.

    Asian stocks continued their decline as wall Street fell to its
    lowest level in 12 years.

    The FDIC, which insures consumers deposits, in Federal banks, is in need of five hundred billion dollars. The Senate will move to replenish the corporation's coffers, reportedly, with the funds.

    A member of the RNC has sent a memo, requesting that the new chairman, Michael Steele, resign from the position of head of the Republican National Committee. The word is that the riff between Mr. Steele and Russ Limbaugh has been a distraction. Also the GOP leaders are complaining that (hope this is correct), the controversy is distracting from Obama's policies. Mr. Steele countered by sending out one million in funds to those in the party hierarchy, to calm the storm.

    Circuit City has announced that all its stores worldwide, will close their doors on Sunday, March 8.

    Bernard Madoff is set to make a plea deal with the authorities,
    according to sources.

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    Suffering from arthritis, try a supplement called Alfalfa, 500 mg, recommended by a health food specialist. All natural, no medicine, no side effects. Once you try it, Puritan's Pride
    has sales of buy one get one free, through the mail, 1-800-645-1030. Check with your doctor, if you have any concern.

  • U. S. Budget Bill of $410 Billion Held Up-Votes Missing!

    The Democrats were trying to get the budget bill passed without a lot of noise, but the bill was put on hold today. Democrats and Republicans pulled back after many voices came out against the number of earmarks and the cost that had been included in the bill. Some eight thousand earmarks are said to be in the bill. Most held over from the previous sessions of Congress. The lawmakers will try to pull the bill together, making adjustment where necessary.

    President Obama held a Health Care Summit today, with many doctors, nurses, health care professionsla and Congressional and Senate members to begin the process of putting together
    a Universal Health Care Plan. Most of the attendess were impressed with the outcome of the summit, there have beeb similiar beginnings in the past. The one theme that was voiced was that they all had to keep the process moving forward to fulfill the goal being undertaken.

    GM announced that it will be impossible for the company to continue to operate while suffering such hugh losses. The compnay needs to undergo a major restructuring or else they may have no choice but to file bankruptcy.

    One day after the news of former first lady, Barbara Bush's heart operation, Actor Robin Williams will reportedly undergo the same type of operation, replacement of a heart valve. He too experienced shortness of breath, and will be hospitalized to take care of the problem. Mrs. Bush is said to be recuperating, the doctors are said to want her to begin walking right away, to get the valve to respond as quickly as possible. Things usually go in threes.

    Michael Jackson made an announcement today, that he would begin a final tour beginning in July of this year. There will be ten venues, he kept saying "this is it" many times during his announcement.

    Jerry Seinfeld will be returning to television with a new show.

    Mariska Harigty of Law and Order was hospitalised on Wednesday, with a partially collapsed lung.

    Doctor Sanjay Gupta of CNN, has reportedly removed his name from consideration as the U. S. Surgeon General for the Obama administration. Doctor Gupta spoke to Anderson Cooper of AC360, saying it was for personal reasons. He would not be able to perform surgeries anymore if he took the position, if selected, in addition he and his wife are expecting a third child, and he would have to travel back and forth to his home, which could pose a problem as well. Decision made.

    Joe the "plumber" is said to be suing three state officials, who he alledges revealed some of his personal information, after John McCain made him famous on his campaign. My question, will John McCain be named in the suit?

    Terrell Owens has been released from the Dallas Cowboys, with three years and twenty-seven million dollars left on his contract.

    There has reportedly been a major shift in the Census, one-quarter of all kindergartners are Hispanic.

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    A hand held, gives warmth as well as receives warmth.

  • Major Heart Valve Replacement for Barbara Bush!

    Former first lady Barbara Bush, suffered from shortness of breath last week, and was taken to the hospital. It was determined that one of the valves in her heart had hardened and needed to be replaced. It was stated by a spokesman at Methodist Hospital, where she is recuperating, that a pig's valve was used in the process, to replace the defective valve. She is said to be doing fine, after the two and one-half hour operation, today, and is expected to be released in seven to ten days.

    Politico.com uncovered an alledged plot by Democratic strategists James Carville and Puul Bagala, to set radio commentator Rush Limbaugh up as the de facto leader of the Republican party. It seems that a poll taken in 2008, with Mr. Limbaugh's name included gave him a stronger unfavorable rating than Reverand Jermiah Wright or William Ayers, who were used by the Republicans against President Obama during the election cycle in 2008. Then all of a sudden, Mr. Limbaugh
    suprised everyone by saying he hoped that Mr. Obama failed.
    Mr. Bagala said on AC360 on CNN, that he does not work for the White House and the Obama administration has many other things to do than talk about Mr. Limbaugh. But Rush is enjoying his role in all of this without regard to what it may be doing to the Republicans, his ratings are his main concern. His latest ploy was to invite the President to come to his studio to debate him, without notes or teleprompter. All we can say is, wait for it Rush.

    The Prime Minister of England spoke before a Joint Session of Congress today, after meeting with President Obama at the White House yesterday. Prime Minister Brown was received very warmly by the members, with standing ovations and applause throughout the speech. He recommitted his country toward working out whatever problems the two countries face today. He also announced that the Queen of England had bestowed Knighthood on Senator Edward Kennedy. Senator Kennedy later accepted the honor in the name of the voiceless and in the spirit it was conveyed. Mr. Kennedy will not be able to call himself Sir.

    The Obama daughters were happy to find a new swing set and a tent for their pleasure, right outside the Oval office, on the White House lawn.

    Secretary of State Clinton met with the leader of the Palestinians, Mr. Abbas, to try to forge an agreement between the Israelis and the Palestianians, toward having peaceful states in the area for each of the groups. The meeting took place today.

    The House Democrats have put an agreement together, whereby Harriet Meiers and Karl Rove will testify before a Congressional committee, regarding the firing of the nine State Attorney Generals, during the Bush administration. No details regarding an open session or immunity for the two were announced.

    Senator John McCain's daughter said that she is having a hard time on the dating front, post election. She stated that she hates to have someone date her, only to brag that he was out with a Senator's daughter. Megan McCain does not like obsessive men either. Listen up guys.

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    Take the time to enjoy the quiet.

  • U. S. Government Plan to Assist Homeowners Announced!

    The Obama administration, announced this morning, their plan, which has been put in place today, to assist homeowners who are having problems, refinancing or paying their mortgages. There are two parts to the plan, one helps those people who are current on their payments, but are unable to refinance their loans because the loan amount is more than the value of the home, homes which are called "underwater". As long as the loan is conforming, not a jumbo, or on a secondary property, they will be allowed to refinance their loan, based on certain qualifications. The second set of people are those who are behind on their mortgages, not yet in foreclosure. Their interest rates and payments may be reduced so that they will be able to make their payments, again based on certain qualifacations. The loans must also be under Freddie Mac or Fannie Mae. For more detail on the programs please visit: www.hud.gov or www.ustres.gov. Please call your lender and discuss the programs with them as well.

  • Coast Guard Search for Three Men in Florida Waters Called Off!

    The search for the three missing men, whose twenty foot boat capsized fifty miles off the coast of Florida, was called off. The baot capsized around five o'clock on Saturday, according to the sole surivor of the accident, who is suffering from exhaustion and dehydration. He was found sitting on top ot the boat's hull. The Coast Guard spokesman stated that they are very confident that if there were other survivors in the water, they would have bean found. A single life jacket was found some fifteen miles S. E. of where the boat was located. Friends are asking helicopter pilots who want to volunteer to send e-mails.The families of the three men, two of whom are NFL players, are still hopeful that they will survive somehow. Sincere prayers go out to them.

    The CIA is accused of destroying tapes, which showed the techniques used in questioning suspected terrorists. An ongoing investigation is taking place.

    In another instance, there were memos disclosed regarding the Bush administrations use of the same techniques, there is a Justice Departemnt investigation being undertaken, to see if the Attorneyies who issued the memos, somehow violated the Canon of Ethics, when the memos were issued.

    At the White House today president Obama and Prime Minister
    Gordon Brown met to discuss what is being termed a "Global New Deal". Mr. Brown has previously said he wants to talk to President Obama about global warming, the global economy, the financial situation nd any other pertinent issues regarding the two countrys. The Global Summit of the G-20 will be held April 4.

    The U. S. military forces are growing due to the recession and lack of jobs.

    Citigroup is instituting a program to help their customers, who are unemployed and are facing foreclosure, to somehow save their homes, while working through the problem.

    An arrest has been made in the Chandra Levy murder case. The man, a Salvadorian immigrant, who is serving a ten year sentence, for attacking two other women in the same park where Ms Levy was found. The man was scheduled to be released from prison soon.

    An asteroid, the size of a ten story building, whizzed by the earth, thankfully.

    A bus carrying the Sri Lanka cricket team, was ambushed by twelve gunmen, in Pakistan. The driver of the bus and seven policeman, guarding the team were killed. Members of the cricket team were wounded, but none killed.

    A massive diagram of Marine One, the President's helicopter was discovered in a computer in Iran. It is thought that the diagram was secured by tapping into a personal computer sharing system, that the designer of the helicoper had in his personal computer. Three other instances of compromising Federal information were found in Yehem, Syria and China, in the past.

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    Determine and define your mission, before you take your first
    step.

  • AIG Worries Investors, Dow Down Below 7,000!

    Blue Monday was evident today, after AIG reported a loss od some sixtey-two billion dollars in the fourth quarter of 2008, the largest loss in corporate history in a quarter in the United States. Then HSBC announced it will cut sixty-seven hundred employees, after profits tumble. The confidence factor is at a very low ebb and nay-sayers about the President's plans to try to turn the counrtys economy around are not helping to lift spirits. The Federal Government supplied a fourth infusion of capital into AIG, which has been unable to sell some of its assets to give itself time to try to survive. Some are saying AIG should be allowed to fail, but others point to Lehman Brothers failure and how that was a very negative force in the market and may have been the wrong thing to do.
    AIG was unregulated, not required to have reserves for possible losses of their insured clients. When the financial institutions started to fall one by one, AIG was the insurance company with the responsibility to shore up the backfield. It ran out of cash and was ready to collapse. The Federal Government is still of a mind to keep the company afloat. The cost may be beyond what would be feasible, but being too large to fail is not feasible either.

    Rush Limbaugh is trying to fill the vacuuum left by the Republican leadership which is missing in action. His mis-quoting of the Consitution over the week-end and other blow hard statements as to wanting the President's policies to fail, because he feels it would be an end to capitalisma as we know it. Mr. Limbaugh also wants to know who in the Democratic party knows that the policies being enacted will succeed, who, he wants to know has done this before? Well Mr. Limbaugh when have we had such a combination of problems before, and what is your or your parties' answer. We have only heard criticism, for criticism's sake. Show me the money or shut up. David Frum a conservertive commentator stated that Mr. Limbaugh is a person with, in essence, dubious drug related problems, mulitiple marital problems, who wants to smoke big cigars, ride in big planes and practice self-indulgence. Why should he be the one to be the face of the Repiblican party, Mr. Frum seems to be saying. Well, the Democrts are very happy, we are sure to let Rush be the voice and the face of the party.

    Very bad boating accident in Florida over the week-end, where four friends set out on a fishing trip in clear weather, only to have the weather change to where six to nine foot swells caused the boat to capsize. One of the four was rescued, Nick Schulyer, who managed to cling to the side of the overturned boat. He was wearing a life jacket, he suffered cuts and
    bruises but otherwise may be alright. The other three who include two NFL players, Corey Smith and Marquois Cooper, along with a friend, Willian Beekley are still missing. The families became concerned on Sunday when they had not returned from the fishing trip. Another friend was contacted and he told the Coast Guard where he thought the four would be, the Coast Guard went to the area and managed to find one of the men. They will continue to search the area where he was found, looking for the other three men.

    President Obama selected Governor Kathleen Sebelius of Kansas,
    to be the nominee for Secretary of Health and Human Services.

    Former Governor Rod Blagojevich has secured abook contract. He has promise to reveal the "dark side" of polictics.

    U. S. manufacturing fell for the 13th month in a row.

    Thirty-one million families are on food stamps in the United States.

    U. S. anti-missile defense under review.

    Twenty-seven percent of American people losing sleep over economic pronlems, there has been a seven percent in sleep medication.

    The EU rejects the rescue of Eastern Europe, is said to be looking for aid and open market accessibiliity. Summit is to be held April 4, for twenty nations including the United States. Growing economic woes threaten on Europe.

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    Always be true to yourself, by keeping your own secrets.

  • Light Fare!

    New York Post gossip columnist, Liz Smith was terminated by the paper from her job. She will now devote more time, according to her statement during an interview on CNN, to writing on the web for her website wowowow for women. The lady is 86 and still going strong.

    Celebrity Apprentice, hosted by Donald Thrump, held it first show of the season, on Sunday evening. The two groups were broken down into the men versus the women. The project was to bake and sell the most cupcakes, not necessarily volume but total revenue. Joan Rivers was the project manager of the women, and Herschel Walker was the manger for the men. The two groups choose names and each went to work at a bakery, preparing the cupcakes for sale. The guys made the worst cupcakes, not adding enough sugar, and eventually lost fifteen thousand dollars, which was given by Mr. Thrump to the group, who made the best tasting cupcake. The owner of a bakery was the taste test judge. She choose the women's cupcake, and said the men's sample cupcake was horrible. Starting off, most of the men worked together, but in the kitchen Andrew Dice Clay stated he did not want to bake cupcakes, so he went off to stir up customers with his celebrity on a radio station. The next day the sale started, on the streets of New York. People were buying one cupcake for one thousand dollars from both sides. The women had a model who knew Hugh Hefner, and got him to give a huge check, two of her friends bought a box of cupcakes for nine thousand dollars. In the end the women had sales of sixty-one thousand dollars, they won the taste test, total for charity of seventy-six thousand dollars. The men lost with sales of forty-nine thousand dollars. Andrew Dice Clay was fired for basically not being a team player.

    Mitt Romney came out of the CPAC meeting over the weekend with the Republican base, with a 20% showing in a straw poll, for the choice of who you would support for the nominee in 2012.
    A job fair was also held at the meeting for people who had been recently laid off.

    Over the week-end, job fairs were held at sports stadiums, and amusement parks. Six Flags of America held one in Washington, D. C., Citi-Stadium, and Yankee Stadium also held fairs looking for people to work in the sports world.

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    Actions may speak louder than words, but a good word at the right time is a great help as well.

  • Winter Storm Will Blast Atlantic Coast!

    It appears that we will get seemingly, all of winter, dropped on us at one time, here on the East Coast tomorrow through Monday morning. Not complaining, it's been a relatively mild winter for some. The predictions are for 7-12 inches in some areas of the U. S. Atlantic Coast, with worse in the New England areas. Stay home if you can.

    President Obama says he expects a fight to get his 3.55 trillion dollar budget passed. No s---t! Apologies.

    Berkshire profits plunge 96% as Buffett writes down his derivitives positions. Mr. Buffett reportedly said that the economy will be "in shambles" this year, promises a recovery.
    Thanks Mr. Buffett.

    HSBC will consider selling 17 billion in new stock, in order to bolster its capital.

    Citgroup's third Government rescue will most likely not be its last, according to analysts.

    Volkswagen will reportedly cut 16,500 temporary jobs worldwide, this year, as sales drop.

    Sunoco's Refinery Union is threatening to strike tomorrow, as contract talks stall.

    Reports are that AIG will report a 60 billion dollar loss on Monday, it is also facing a problem selling its assets.

    The FBI reports, the Government has located 250 million dollars of the alledged ponzi scheming, Stanford firms's assets.

    Ed McMahon has been hospitalized, it is reported that he is suffering from bone cancer.

    Paul Harvey, great radio broadcaster for six decades, has died at 90 years of age.

    President Karzai of Alfghanistan, has advanced the country's presidential election by four months.

    China's economy, according to Wen, is showing signs of recovery, with the input of $585 billion dollar stimulus.

    Nordic countries plunge into recession as Global Export Markets collapse.

    Chavez orders National Guard to seize Venezuela's rice processing companies. First step towards what??

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