Well..it is Monday and I have not done this for a few weeks so I figure now is as good a time as any…
Here are my random (sarcastic) thoughts for this week.
According to the AP over 10,000 Stimulus checks in the United States went out to dead people. 10,000! (Now that is what I call economic hope and the way to recovery…right along with the multi million dollar sculpture in Miami that was funded through the same stimulus…next time I am in Miami I am certain I will look at it, walk immediately to the nearest store, open my wallet and spend! )
Chrysler and GM began closing dealerships across the United States in an effort to cut back a money losing business model. Some estimates state that over 700 dealerships will be closed by each. Chrysler is currently in bankruptcy and GM is considered to soon follow. (OK, did I miss something? I thought we were giving the companies bailout money to avoid this?….oh yeah…now I remember. 76% of Americans told the government they did not think it would work and guess what…WE were right. Once again the reason why the US Government is qualified to handle anything in business…this includes health care…they will screw it up too! Hey at least they got AIG right…didn’t they?)
According to USA Today several Property and Casualty Insurance Companies including Allstate, Ameriprise (hidden in parent American Express), Hartford, Principal Financial, Prudential and Lincoln Financial are set to now receive TARP funds to stay afloat. (Our treasury is once again proving how stupid they are…what in the crap are they thinking? Here is the problem in a nutshell…the reason these companies are struggling is because these companies are not operating properly. If I do not run my business properly I lose money..simple. I don’t get a bail out. What I fail to understand is why we continue to support companies who do not understand the most basic principal of running a business, a Capital Account. This is a magical little thing you keep extra cash in just in case times get a little tough…and yet you idiots who run these companies and get millions of dollars to do so do not know something that is oh so simple. Here is what I am going to do….I WILL NOT TO BUSINESS GOING FORWARD WITH ANY COMPANY ACCEPTING BAILOUT MONEY…Joining me?)
OK, enough about government and economy. Alec Baldwin made a comment on the Late Show regarding the need for mail order bride from the Philippines or maybe Russia. A Phillipinian Senator (it is Phillipinian right…not Phillapinoian or Phillapinacolada) outranged by the joke said that if Baldwin ever traveled to the country he would experience outrage and a beating. (Wow…big threats…I think his ex-wife Bassinger is probably administering more of a beating than he would ever face in the Philippines…then again there is probably no worry…who visits the Philippines? )
Enough said….you got any random thoughts to add for the day?
What about me?
This is my page and my chance to share with you all the crap I dream up on a daily basis. Here are the simple facts that make up my existence..live in Nashville...avid Hockey fan (one step from face painting), father of a 6 year old (genius child- she takes after me..I mean my wife), husband (I'm pretty sure my wife would kick me out if she could figure out how), and "normal" Christian. What is normal you ask? You tell me. I think I know what normal is but then again, we all think we are the normal ones.
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May 18, 2009 at 10:40 am
I find it fascinating that any government will “bail out” businesses that are failing because of bad business practices. Right now in Canada the government has put conditions are their money… i.e., GM is being told to hammer out a viable working contract with the employees, including lower salaries and benefits, before a specified deadline or there is no government money forthcoming. The union is angry about it, but they’re at the table, hopefully working out a deal.
Seems like we’re in a “grasshopper-mentality” society these days — the world owes me a living even if I don’t deserve help. ::shaking head::
May 18, 2009 at 3:00 pm
It’s actually “Filipino”…go figure.
May 18, 2009 at 3:54 pm
See what I mean?
May 18, 2009 at 10:40 pm
If I were from the Phillipines, I’d want to be called a Phillapinacolada!
May 19, 2009 at 10:36 am
That’s Philippinacolada! – Picky, i know. i’m like that.
( Double ‘p’, single ‘l’ and with an ‘i’ or several)
But well done on the Filipino – it would of course be FilipinA if the outraged person in question was of the female gender (and sometimes it can be VERY hard to tell over there!)
<B
May 19, 2009 at 12:59 am
Random thought: Its actually Tuesday now here, when its still Mond. there.
May 19, 2009 at 10:50 am
The real problem i think Mr Obama is actually capable of ’spotting’ in this Crisis ( unlike any current politician has had to face in terms of speed and severity, leaving them a little ‘on the hop’) is that in the last ten to twenty years many US companies ( and even a few non-US ones – shock horror!) have grown so large that to allow one to fail would potentially trigger a ‘landslide’ of dependent companies crashing/massive loss of jobs/ loss of economic assess that could see an already desperately indebted US become totally bankrupt causing untol misery and hardship like you have never known.
i think that’s why Obama thinks throwing money at these global enterprises, who in all truth should have made such massive amounts of profit over the last period of 18 years of world economic ‘boom times’ they should be swimming in capital by now and would not need any bailing out by the always the first to get ’stuck’ with the cost tax-payers who just ‘work’ for a living while the execs are laughing all the way to their retirement homes in the Bahamas or Cayman’s, was worth the massive price you guys just paid… and will continue paying off debt for the rest of your days.
!0 trillion in US foreign debt and counting – doubling to over 21 trillion by 2019 – depressing!
and the bulk of it comes down to GW’s ‘policies’ of the last 8 years, dropping the pay as you go principles – not BO’s.
<B