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Posts archive for: November, 2009
  • Judge: Army Corps of Engineers Failed Re: New Orleans Levees!

    A District Court Judge, Stanwood Duval, has ruled that the Army Corps of Engineers were negligent in maintaining the levee system which gave way in New Orleans, during Hurricane Katrina. The Mississippi Gulf Outlet broke through and flooded the parishes, causing massive damage to homes and death to many residents in the wake of the storm. The families who were involved will now possibly have some remedy to the losses they suffered during the terrible tragedy.

    The CBO has concluded that the health care bill which is being deliberated in the Senate will cost eight-hundred and forty-nine billion dollars, and will save the government, one-hundred and twenty-seven billion dollars over ten years. The health care bill reportedly will cover another thirty-one million Americans and will mean that 94% of Americans will be covered with the bill's passage.

    President Obama returned home from his trip to Asia, with a reported new
    agreement with China, for greater cooperation between the two countries.

    Attorney General Eric Holder and Treasury Secretary Timothy Geithner announced the set up of a new special task force to fight financial crimes. Secretary Geithner stated that the financial system needs to be overhauled.

    On this past Saturday, a free health care clinic was held in New Orleans, Louisiana, where 1,000 individuals were served and another 900 were signed up for future care. The National Association of Free Clinics and MSNBC's Keith Obermann of Countdown coordinated the operation along with the Lt. Governor, Bill Halfer of Louisiana. There will be two more free clinics held, one in Little Rock, Arkansas on November 21, and another in Kansas City, Mo., on December 9 and 10.
    If you wish to volunteer to help or wish to register for treatment, please call 877-236-7617 or go to www.freeclinic.us.

    The Senate will be voting on the health care reform bill, as to whether to introduce it on the floor for debate and passage this Saturday. Now would be a good time to call your respective Senator and voice your opinion, pro or con. Senator Max Baucus was called home with a family emergency, it is not clear if he will be back by Saturday to cast his vote. Senator Mitch McConnell, Senate minority leader, has formally announced that he will try his very best to slow this bill down. This while forty-five thousand Americans die annually without the benefit of health care.

    Senator Robert Byrd, Democrat of West Virginia, now stands as the longest serving senator, with 56 years, 319 days of service. He will be 92 years old on Friday of this week. Congratulations to Senator Byrd, stay well until this vote is completed and longer.

    A group of doctors has come out with a recommendation that women between the ages of 40 and 49 should not have mammograms. The group feels that starting at age 50 would be the best time for screening for possible breast cancer. They should then have them every two years. Some doctors are telling women to ignore the recommendation and continue to get screened, that the earlier cancer is detected, the better the chances are for treating the disease.

    The Federal Government, namely the IRS, is reporting success in the
    crackdown on those illegally putting income in offshore bank accounts. There are reportedly 14,700 individuals who will be given amnesty, and there will be billions of tax revenue generated through the program.

    The Ford Fusion was named the car of the year.

    There will be a shortage of pumpkins this year, reportedly because of heavy rains damaging the crops.

    Former Governor Sarah Palin is off and running with her new book tour, people are standing in line for hours to see their heroine and to purchase her very controversial book, which many are calling a fabrication. Newsweek's cover has a picture of her in running shorts, with the caption "How do You Solve a Problem Like Sarah Palin"? Palin says the cover is sexist and that the article is out of context. Is the
    saying one man or woman's truth may be another man or woman's fiction?

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    Be willing to give more and accept less, until possibly the next time.

  • Hi, hi

    ....just shiver me timbers :o)....as they say... we're awaiting too. Take care. GBH's in the meantime. xxxM

  • U. S. House of Representatives: Passes Health Care Reform Bill!

    On a historical Saturday night in the U. S. Congress, two-hundred and nineteen Democrats and one Republican voted to pass the health care reform bill. The final total 220-215 to make the bill a law. House speaker Nancy Pelosi praised the leadership of the committee chairs in completing the remarkable passage of the bill. The bill would take away an insurance companies ability to refuse coverage for people with pre-existing conditions, also the companies will not be able to take away coverage if you get sick. Young people will be able to stay on their parents insurance plan until they are 27 years of age, the doughnut holes in coverage for seniors will be closed, the public option will be included in the plan, people will be able to chose the best health care plan for themselves. The cost at this point is reported at 1.1 trillion dollars, the plan will now provide health coverage for an additional 36 million Americans. The AARP and the American Medical Association backed the plan. The next hurdle will be the Senate where Senator "No Go" Joe stands at the gate. There may just be too strong a wave for Senator Lieberman to hold up the passage of this historical bill. We shall see. Congratulations to Speaker Pelosi and the Democrats for having the backbone to move forward on behalf of the American people.

    The soldier who is the suspect in the mass shooting at Fort Hood, Texas has been taken off of the ventilator, but is still in intensive care.
    Thirty people were reported wounded and thirteen were killed. Malik Nadal Hasan is a Muslim, who reportedly did not like the wars, complained, but was scheduled to go to Afghanistan. He is a military psychiatrist, but is said to have had trouble taking to the soldiers about their service in the wars. It has been said that the police had been looking into Hasan's actions for months. There reportedly may be others involved in the shooting. Flags are being flown at half-staff at the White House.

    The USS New York, a battleship made from the steel from the buildings destroyed in the 9/11 attacks, will be put into action in the ongoing wars.

    The eight thousand dollar tax credit for first time U. S. home buyers has been extended.

    Iran reportedly has said that they will not ship uranium out of the country for processing.

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    Hard choices may not be the easiest thing to do, but in the long run may be the best decision.

  • Afghanistan Run-off Election Canceled! Karzai Wins!

    The run-off election, in Afghanistan was canceled, after President Karzai's opponent, Dr. Abdullah Abdullah withdrew from the race on Sunday. He withdrew, reports say because he felt the election had been corrupt. But many say he withdrew because he knew he would not win. The election commission then canceled the run-off election, giving Mr. Karzai
    another five year term as President of Afghanistan. President Obama acknowledged the election of Mr. Karzai. Secretary of State Hillary Clinton had said that the United States government would support the elected president prior to the run-off election. President Obama is still deliberating with advisers, as to what the U. S. strategy will be in that country and how many troops will be sent to Afghanistan in 2010.

    President Obama is set to sign a defense spending bill, increasing the pay of U. S. service men and women.

    CIT group has filed for bankruptcy, under Chapter 11. This is the largest bankruptcy so far in U. S. history. The company intends to restructure its debt, and continue to operate while doing so. The asset total of the company is reported as seventy-one billion dollars versus sixty-four billion dollars in debt. CIT is the financier for two-thousand vendors who supply merchandise for three-hundred thousand stores, many of which are gearing up for the critical holiday shopping season. The shareholders are reportedly on board with the company in its plan to restructure the debt of the company.

    Tuesday will have a number of elections held around the country. Two governor races, in Virginia and New Jersey are high on the radar screen. In Virginia, the Republican candidate, McDonnell is leading the Democrat, Deeds by at least 11 percentage points. Eighteen percent of the people are reportedly undecided in Virginia. In New Jersey, Governor Corzine and Mr. Christie, his Republican opponent are 5 points apart with the Republican leading. In New York's 23rd Congressional District, the Republican candidate, Dede Scazzafavi was forced out by Republicans supporting the Conservative candidate, Doug Hoffman and by
    problems reportedly raising money. She dropped out of the race over the weekend and was convinced to support the democratic candidate, Bill Owens, she even made robo calls, for Mr. Owens, asking her supporters to vote for him. The race is 41% for Hoffman, 36% for Owens with 18%
    undecided, as of today.

    Senator Joe Lieberman said on Sunday's Face the Nation, he is still planning to do everything he can to block the passage of the health care reform bill, if it contains the public option. He further said on the show, that nothing would be better the passing the bill with the public option. Wonder if the two-million dollars plus, he received in campaign funds from the insurance companies, has anything to do with his decision? Or perhaps the fact that his wife sits on the board of one of the largest insurance companies in the country. You think?

    Pending U. S. home sales rose the most in three years.

    Existing home sales dropped by 3.5% in the United States.

    Consumer confidence dropped in September, in the U. S.

    Jay Leno reportedly said that if they asked him to come back to the Tonight Show, he would.

    Source AP

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    Do your homework, but two stocks show promise: SCSS up 2496% recently, on the NASDAQ, last read $6.49. Select Comfort Corporation, market cap., 293.1 million. Also ATSG up 1761%, on the NASDAQ, last quote $3.35, market cap., 208.89 million. AirTransport Service Group, Inc. Date of quotes 10.16.09 Reference: Smarttrend.com

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