Govt gives GMAC $3.8B in new aid, boosts stake
*** begin quote ***
WASHINGTON (AP) – The government gave GMAC Financial Services another $3.8 billion in cash and took a majority stake in the auto lender, aiming to stabilize the company as it struggles with big losses in its home mortgage unit. The fresh infusion is on top of $12.5 billion in taxpayer money…
*** end quote ***
How dumb!
Time to cut the taxpayer’s losses.
# # # # #
Leave a Comment » | 
Ranting | Tagged: Bailouts | 
Permalink
Posted by reinkefj
http://www.economist.com/world/unitedstates/displayStory.cfm?story_id=15108634&source=hptextfeature
Going to America
A Ponzi scheme that works
Dec 17th 2009 | ANNANDALE, VIRGINIA AND DALLAS, TEXAS
From The Economist print edition
The greatest strength of America is that people want to live there
*** begin quote ***
When he arrived, Mr Lee was astonished by how rich nearly everyone was. He recalls his first dinner with Americans: the huge bowls and immense portions. He was startled to see lights left on in empty rooms. He is still impressed: “The roads are so wide, the cars so big, the houses so large—everything is abundant,” he says.
Yet this is not why he came, and it is not why he stayed and became a citizen. For Mr Lee, America is a land that offers “the chance to be whatever you want to be”. More prosaically, it is a place where nearly any immigrant can find a niche.
*** end quote ***
We NEED these immigrants. Everyone who wants to come and work.
Kill welfare and then there is no reason not to have them come.
Take the trash bag off the Statue of Liberty and get back to our roots.
# # # # #
Leave a Comment » | Ranting | Tagged: freedom | Permalink
Posted by reinkefj
It’s the incompetence, stupid
Last Updated: 6:50 AM, December 29, 2009
Posted: 12:42 AM, December 29, 2009
Rich Lowry
*** begin quote ***
It’s never going to be easy for a free society to defend itself from furtive enemies, but that doesn’t excuse willful obliviousness. We should move to a more Israel-style security system, devoting more energy to the intelligence and on-the-spot assessments necessary to focus on the greatest potential threats. And we should resist the civil libertarians who create pressure to narrow down the most meaningful watch lists and work to forestall adoption of more effective whole-body imaging scanners.
For its part, the Obama administration should frankly acknowledge that the “war on terror” wasn’t a Bush-Cheney construct to scare and manipulate the American public. Speaking from Hawaii, Obama sounded stalwart yesterday, but it took him 72 hours to address the incident. The administration’s body language says it would prefer to keep counterterrorism on a back-burner while it engages in the more important work of nationalizing health care and fighting global warming.
*** end quote ***
If we aren’t going to emulate the KGB in handling terrorists, then El Al seems to not have any such problems.
# # # # #
Leave a Comment » | Ranting | Tagged: Strategies | Permalink
Posted by reinkefj
http://www.lifenews.com/nat5767.html
Fake Catholic Groups Resurface in Health Care-Abortion Funding Debate
by Steven Ertelt
LifeNews.com Editor
December 11, 2009
*** begin quote ***
Washington, DC (LifeNews.com) — They led the way in confusing Catholic voters about the pro-abortion record and views of presidential candidate Barack Obama. Now the fake Catholic groups that claim to be pro-life but advance the pro-abortion agenda are back — this time in the national debate over health care and abortion funding.
Catholics United and Catholics in Alliance for the Common Good proved that adding “Catholic” to the name of an organization could get one media attention — and condemnation from pro-life Catholics who knew better.
*** end quote ***
Guess we need some official board for who can use the word “catholic”. Do Coke and Pepsi have these types of problem?
# # # # #
Leave a Comment » | Ranting | Tagged: FRAUD | Permalink
Posted by reinkefj
http://apnews.myway.com/article/20091227/D9CRN3B02.html
*** begin quote ***
WASHINGTON (AP) – Homeland Security Secretary Janet Napolitano says there is no indication that the man who attempted to destroy an airliner in Detroit on Christmas Day is part of a larger terrorist plot. Napolitano refused to say whether Umar Farouk Abdulmutallab has a connection to al-Qaida
*** end quote ***
Doesn’t anyone think she should be fired? Like the baseball manager who gets the ax for a poorly performing team, it may well not be her “fault”, but she’s the “manager”. TSA and Homeland Security “failed”; with some blame left over for Hillary and the State Department. (How did he get a visa?) Bet the next Czar of Homeland Security / TSAwill do better. (Or, they should be fired too!)
# # # # #
Leave a Comment » | Ranting | Tagged: Gooferment, Obama | Permalink
Posted by reinkefj
http://blogs.jobdig.com/wwds/2009/12/22/congress-fixes-airline-customer-service-with-new-law
Congress Fixes Airline Customer Service With New Law
Posted in December 22nd, 2009
by CAL, Curmudgeon at Large
*** begin quote ***
I would like to comment, but being Christmastime and all, there’s a risk it might make me appear to be all curmudgeonly. But, still.
Way to go, Congress. Can you imagine any other American business or institution other than the airlines so tone deaf as to ignore thousands of irate, tarmac-stuck, can’t-use-the-toilet customers? Again, thanks Congress. You fixed it. And Mr. Airline, you are lucky you didn’t get worse. You could have been shot.
*** end quote ***
May I blame the gooferment for the reason they pass a “Traveler’s Bill of Rights”?
Can we spell “regulatory capture”? That explains the FAA.
The Air Traffic Control system si generously credited to the 1950’s. Airports and their gates are a locally controlled joke.
How about if we make the airlines responsible for: the ATC, the airports, and their security?
Bet that the cost of fuel would give us a digital control system. Bet that the airports would be models of effiency and convenience. Bet that the security would be easy and transparent.
It’s the gooferment that is the problem.
Every time; every where!
# # # # #
Leave a Comment » | Ranting | Tagged: Gooferment | Permalink
Posted by reinkefj
http://www.telegraph.co.uk/news/uknews/crime/6650456/
Mother-abducted-five-year-old-daughter-and-fled-to-America-in-tug-of-love-battle.html
Mother abducted five-year-old daughter and fled to America in tug-of-love battle
A mother has abducted her five-year-old daughter and is believed to have fled to America in a bitter tug-of-love battle.
By Richard Edwards, Crime Correspondent
Published: 11:20PM GMT 16 Dec 2009
*** begin quote ***
Helen Gavaghan, 32, secretly snatched her daughter Pearl from nursery in Blackpool last December and fled abroad having changed her name by deed poll, after an acrimonious split from her partner, Henry Da Massa.
A High Court judge has declared that the child was removed illegally and allowed details of the case to be disclosed for the first time in the hope the pair can be traced.
*** end quote ***
Just like the New Jersey man who’s child was abducted by his mom, we should turn over rocks to get this child back home.
# # # # #
Leave a Comment » | Ranting | Permalink
Posted by reinkefj
http://uncabob.blogspot.com/2009/12/how-to-win-in-iraq-and-afghanistan-in.html
UncleBob’s Treehouse
Bob Wallace on Everything
Wednesday, December 16, 2009
How to Win in Iraq and Afghanistan in One Easy Step
*** begin quote ***
In one easy step, here’s how we do it: pull out completely. That’s it. Just leave. The countries will do just fine without us.
*** end quote ***
Reminds me of the lesson from the movie “War Games” — the only way to win is not to play!
# # # # #
Leave a Comment » | Ranting | Tagged: warfare | Permalink
Posted by reinkefj
http://thomsinger.blogspot.com/2009/12/whats-next.html
Monday, December 14, 2009
What’s Next?
This decade is coming to an end.
*** begin quote ***
It came in with all the attention on Y2K and is going out with our world forever changed. Many things, big and small, have morphed our society: The terrorist attacks on 9-11, the mass adoption of cell phones, and the changes in communication due to social media are just a few things that have impacted the ways we live.
*** and ***
Polaroid Photo – Don’t count Polaroid out just yet, they are looking at releasing some new products.
Bank Deposit Slips – Ummmm I still use these.
Subway Token – I live in Austin, this city has avoided any real mass transit for decades, so I have no idea.
*** end quote ***
Tokens were replaced with Metro Cards in NYC. It allows the MTA to steal back all the unused rides by tourists, lost cards, and such. Tokens used to mean something.
# – # – #
Akin to removing the country from the Gold Standard, which allowed the explosive growth of Gooferment, replacing the token with the metrocard allows the MTA to sell promises that it has no intent to deliver on.
And, close the token booths which provide some measure of persona security to the traveller.
Maybe I do need a tin foil hat?
# # # # #
# # # # #
Leave a Comment » | Ranting | Tagged: Economics | Permalink
Posted by reinkefj
A Few Notes on Climate Change
Posted by Andrei Illarionov
*** begin quote ***
20. The impact of all anthropogenic factors (not only CO2) on climate is unclear when compared with factors of nature. Therefore, the most effective strategy for humanity in responding to different types of climate change is adaptation. That approach is exactly the way that humans have reacted to the larger-scale climatic changes in the past, even though they were less prepared then for such changes. Now mankind has greater resources to adapt to lesser climate fluctuations and it is better equipped for them scientifically, technically and psychologically. The adaptation of humanity to climate changes is incomparably less costly than other options being proposed and imposed by climate alarmists. Human society has already adopted to climate change and will continue to do so as long as economy and society are vibrant and free.
*** end quote ***
“Climate Change” sounds like “barbara streisand” to me!
# # # # #
Leave a Comment » | Ranting | Permalink
Posted by reinkefj
You are currently browsing the archives for the Ranting category.
-
-
FJohn Reinke
Consultant at Technology Legacies LLC
Advisor, Computer Governance Committee at Manhattan College
Editor / Publisher at Jasper Jottings
Greater New York City Area
JJ Positraction JJ Endnotes Downsize DC
Philosophy of Liberty
I have NOT received any gagged governmental information requests
Reinke Faces Life 
You must be logged in to post a comment.