GOVEROTRAGEOUS: The White House hustled the Chrysler bankruptcy judge?

Tuesday, June 2, 2009

http://apps.detnews.com/apps/blogs/autosblog/index.php?blogid=746

Category: Chrysler bankruptcy
Posted by Manny Lopez (The Detroit News) on Mon, Jun 1, 2009 at 6:19 AM
Carefully orchestrated indeed

*** begin quote ***

The bankruptcy judge hearing the Chrysler case said Friday he wasn’t going to rule on the asset sale until today or Tuesday, but a call from the White House must have prompted him to move faster because he ruled in the wee hours of this morning.

See, the administration wanted to hold up Chrysler as an example of a “quick and speedy” bankruptcy, but Judge Arthur Gonzalez – deciding he needed more time to rule – put a crimp in those plans and left the White House looking at a GM filing today and Chrysler still in. Oops.

Remarkably, Gonzalez got all his work done just in time and filed his opinion after midnight to save the show.

I’m sure we’ll hear today when questioned that the White House had nothing to do with that timing, just as we’ve heard that it is not making management decisions at GM or Chrysler.

*** end quote ***

Please you expect “justice” from a government court when the President is involved?
Don’t make me laugh!
Sheeple!
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LIBERTY: “Too big to fail” is a gooferment failure

Saturday, May 30, 2009

http://www.openleft.com/showDiary.do?diaryId=12177

Break Up These Banks
by: Mike Lux
Thu Mar 12, 2009 at 17:00

*** begin quote ***

I also fundamentally agree with David Sirota that if these corporations are too big to fail, then they are too big to exist: a proposition also agreed to by the populists and progressives of the late 1800s/early 1900s, by Abe Lincoln, by Teddy Roosevelt, by FDR, by Harry Truman. Progressives of all eras have understood that corporations that grow too enormous threaten our economy and our democracy, and should be woken up into smaller entities that can’t do so much damage when they are mismanaged. The era of bank consolidation has to come to an end, and these monsters need to be broken into smaller companies just like Standard Oil was in the early 1900s.

*** end quote ***

Very good point.

“To big to fail, then they are too big”

It would seem that’s a great principle of regulation!

Wonder why none of the “brains” ever thought of it?

Could it be that the politicians need things big to get political contributions?

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MONEY: Why would anyone ever buy a bond?

Friday, May 29, 2009

http://finance.yahoo.com/news/Shelby-assails-large-govt-apf-15380626.html?.v=4

Shelby assails large gov’t role in General Motors
Top Banking panel GOP member raps large federal stake in financially beleaguered GM Corp.
    * On Friday May 29, 2009, 8:27 am EDT
    * General Motors Corporation

*** begin quote ***

WASHINGTON (AP) — Sen. Richard Shelby said Friday the government should have allowed the marketplace to decide General Motors’ fate and that the huge federal stake in the company puts Washington on “the road to socialism.”

Shelby, ranking Republican on the Banking Committee, argued that the financially beleaguered GM could have saved “lots of money” if it had chosen six months ago to file a Chapter 11 bankruptcy petition.

“What I worry about” is Washington’s large interest in the company, the senator said in a nationally broadcast network interview. “It’s basically going to be a government-owned, government-run company … a company that has been sadly run into the ground.”

*** end quote ***

IMHO, the gooferment has no right to steal from the bond holders their rightful value. It would seem that there is a Fifth Amendment (“takings”) suit here.

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RANT: Unidine or Obama’s Heathcare proxy

Monday, May 25, 2009

RANT: Unidine or Obama’s Heathcare proxy

LADIES4LIBERTY do a skit for universal dining … err, healthcare. Hey, amateur? Yes! Dead on accurate? Yes! See your local VA patron for how they feel about gooferment health care.

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GOVERNACIDE: Government Health Care? Think VA or Medicare!

Thursday, May 21, 2009

I suggest EVERYONE get active. Hillary tried to nationalize Healthcare; Obama is back to try again. I don’t know about you but I’ve seen the VA’s health care and Medicare. Canadians come to Buffalo for MRIs; it’s well documented that by the time a Canadian can get their “free” MRI, cancers have had time to metastasize and kill people. England has a booming “medical tourism” industry where the English go to India and the Far East for cheap medical care that they can’t get at home. Don’t forget that medical care is the classic economic service with an inelastic demand curve. (Demand isn’t very responsive to cost.) So, the only way that the government can control demand is with rationing. If you think that dealing with Insurance Companies is bad, try dealing with the Government. Sorry, the current system has problems, but imho they are caused by government at the State and Federal level. They have the FDA a captive of the drug companies, the AMA restrict who can “practice medicine”, and the Pharmacists have a monopoly on dispensing drug. Plus don’t forget the psuedo drug war. Sorry, but I need quality medical care for spouse. Remember, if Fritz had been in England, then he’d have been too old for dialyses. Rationing, like gas lines, will kill people. And, once “it” is started, like Social Security, Medicare, and the Medicare Drug Benefit, there will be no way to stop it. And, future generations will go broke paying for it. Argh!

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http://www.americanthinker.com/2009/05/tea_party_americans_can_stop_a.html

May 16, 2009
How to Stop a Healthcare Hijack
By J. Robert Smith

*** begin quote ***

Stop an arcane parliamentary maneuver – “reconciliation” – and the odds improve at stopping the Democrats march toward socialized medicine. But Republicans can’t do it; not alone, anyway. It’s up to the legions of Tea Partiers and average Americans to win the fight.

Reconciliation is aimed at dramatically restricting debate and banning filibuster on budget-related matters. It allows for a simple up or down vote. Senate Democrats are keeping it as an option if progress lags in recasting healthcare as a government-run enterprise. A good bet is that they’ll invoke it. Why?

Because a thorough public airing and extensive Senate debate will expose the Democrats’ plan for what it is: a demolishing of the doctor-patient relationship in favor of a politician-bureaucrat driven system; and a system all about rationing.

Democrats are quick to say that Republicans used reconciliation when they were the majority. That’s true, but it was used principally to get up or down votes on lowering taxes, not upending a huge portion of the nation’s economy.

{Extraneous Deleted}

*** end quote ***

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RANT: Votes do NOT count.

Monday, May 18, 2009

http://apnews.myway.com/article/20090513/D98573FG0.html

Report: One-fourth of overseas votes go uncounted

May 13, 3:07 AM (ET)

By JIM ABRAMS

*** begin quote ***

WASHINGTON (AP) – One out of every four ballots requested by military personnel and other Americans living overseas for the 2008 election may have gone uncounted, according to findings being released at a Senate hearing Wednesday.

*** end quote ***

Guess every vote doesn’t count. AND, they were probably voting for the “wrong candidate” any way.

Sheeple!

Propaganda and fraud.

That’s how dictatorships happen! And, we have a “two party” one now.

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GOVEROTRAGEOUS: Release if he signed papers forfeiting his property

Friday, May 8, 2009

http://www.cnn.com/2009/CRIME/05/05/texas.police.seizures/

Texas police shake down drivers, lawsuit claims

   * Police stop drivers, take their money and jewelry, alleged victims say

   * Drivers threatened with arrest, loss of children if they don’t pay up, plaintiffs say

   * Most targeted drivers are minorities who won’t fight back, lawyer says

   * Town, county officials deny any wrongdoing, say officers follow the law

updated 9:00 a.m. EDT, Wed May 6, 2009

From Gary Tuchman and Katherine Wojtecki

CNN’s “AC360°”

*** begin quote ***

TENAHA, Texas (CNN) — Roderick Daniels was traveling through East Texas in October 2007 when, he says, he was the victim of a highway robbery.

The Tennessee man says he was ordered to pull his car over and surrender his jewelry and $8,500 in cash that he had with him to buy a new car.

But Daniels couldn’t go to the police to report the incident.

The men who stopped him were the police.

Daniels was stopped on U.S. Highway 59 outside Tenaha, near the Louisiana state line. Police said he was driving 37 mph in a 35 mph zone. They hauled him off to jail and threatened him with money-laundering charges — but offered to release him if he signed papers forfeiting his property.

*** end quote ***

Well, my Luddite friend always fights with me telling me that “the police are our friends”. Not my friend, my friend. They are worse than the Mafia. At least, the Mafia doesn’t pretend that they aren’t robbing me.

These armed bureaucrats are nothing more than form filling out clean up squads. Unless they blunder into something.

(Hey, if he can exaggerate, so can I!)

It comes from the basic premise about the use of force. It all comes down to force.

Argh!

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MONEY: The dollar is a figment of your imagination

Friday, May 1, 2009

http://www.campaignforliberty.com/article.php?view=59

The Fed and the Golden Fleece
By William Anderson
Published 04/22/09

*** begin quote ***

When I teach my economics classes about money, I pass around a $10 gold coin that is a replica of those that were in circulation around 1913, the year Congress created the Federal Reserve System. The coin is made from one-half of an ounce of gold, dating from the time when the dollar was based upon a standard of $20 an ounce.

If I were to value that coin today, according to current gold prices, it would sell for more than $400, which means that according to this way of measuring the value of money, the dollar is worth about 1/40 of what it was when the Fed came into being. Now, this is not necessarily the best or most accurate measure of the decline of the dollar, but it is good enough for the purposes of this article.

*** end quote ***

Regardless of how you calculate it or the timeframe you use, the dollar is NOT a store of value.

In my book Church (page 113),  “Money is a matter of functions four, a medium, a measure, a standard, a store.”

The dollar, after the 1913 creation of the Fed, was no longer a measure, standard, or store.

As a youth, reading the Count of Monte Cristo, I dreamt of someday finding a pirate’s treasure. (Hard to imagine anyone not dreaming to find that chest, win the lotto, or such.)

Imagine instead of a chest of gold, finding a chest of dollars. When they were put in, they were valuable. Now they’re worth a fraction.

I often remember my now deceased father-in-law carrying a fifty dollar bill in his wallet ever since he was a young man. He always said: “With that, I’m never poor!” Sad to say, that each year, the value that fifty represented was inflated away. Stolen by the govenrment!

Gold is the only defense.

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RANT: Pelosi seeks to divert attention!

Thursday, April 30, 2009

http://www.bloomberg.com/apps/news?pid=20601109&sid=aE68O.jaWO4E&refer=home

Pelosi Wall Street Probe Follows Pecora After Crash (Update1)
By Mark Pittman and Laura Litvan

*** begin quote ***

April 21 (Bloomberg) — Wall Street may be heading for the deepest investigation of its practices since a congressional panel’s probe of abuses following the 1929 stock market crash.

House Speaker Nancy Pelosi plans to push for a comprehensive inquiry, saying that three-quarters of Americans want to know what led to the bankruptcy of Lehman Brothers Holdings Inc. and the collapse of Bear Stearns Cos. and Merrill Lynch & Co. She favors one patterned after Senate Banking Committee hearings led by Ferdinand Pecora starting in 1933, according to her spokesman, Nadeam Elshami.

*** end quote ***

And who investigates Congress?

Because, imho, “their fingerprints” are all over this mess — Dodd, Franks, Pelosi, and Reid!

Bush doesn’t escape clean, but they did block him.

The SEC, FTC, FDIC, and the Justice Department could have “blown the whistle”.

There’s enough blame to go around, but Pelosi is seeking to once again divert attention from her own troubles and that of her fellow congress critters.

Throw them all out!

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TECHNOLOGY: Why is an ISP different than the Power Company?

Sunday, April 26, 2009

*** begin quote ***

[Billing] Weights & Measures – Time Warner & Comcast: Exempt?

How is it that my electric company, gas company, phone company (landline & cell) water, sewer, local gas station, local supermarket, etc., etc. all abide by strict governmental regulations regarding weights & measures BUT THESE ISPs don’t?

How is it these ISPs think that they are exempt from providing accurate, metered service without oversight? How is my usage determined? Where is my meter? How is my meter calibrated? What standards are used to determine the calibration? What guarantees that my service is metered correctly and accurately.

Why is it that these ISPs think that my exceeding an arbitrary threshold warrants punitive action? If I exceed my minutes allotment on my cell plan I pay for it. If I use more water this month than last, I pay for it. If my car is almost empty I fill it and pay for it. All of these are heavily regulated by strict weights & measure standards set by the government. IMHO it’s the governments job to set and enforce these standards.

Who maintains and enforces standards for metered bandwidth? Frankly I don’t trust the ISPs to self regulate.

*** and ***

Write, call or visit your states Office of Weights & Measures and find out.

*** end quote ***

Interesting concept!

Could it be the ISPs contribute more than the other Utilities?

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