Mish's Global Economic Trend Analysis Financial Discussion Blog:
Vallejo Bankruptcy Plan Offers Unsecured Creditors 5-20%;
JPMorgan CEO Forecasts More Municipal Bankruptcies;
Bernanke Will Not Rescue Cities
"Vallejo is using federal bankruptcy laws to stick it to unsecured creditors. Please consider Vallejo Plan Would Give Unsecured Creditors 5 to 20 Cents on the Dollar"
Saturday, January 22, 2011
Wal-Mart In Unions' Cross Hairs
Wal-Mart In Unions' Cross Hairs - Investors.com
"Organized Labor: The union idea of civil discourse is to protest outside opponents' private homes.
Now union supporters are targeting a developer , with fliers showing a bull's-eye and his home address.
Cue the chirping crickets.
That will be the soundtrack for mainstream media reaction to the latest example of thuggery perpetrated by Wal-Mart opponents who are not happy that the non-union retailer wants to build a Wal-Mart-anchored development on the site of an abandoned Chevy dealership in Washington, D.C.
The development would employ up to 1,200 people in a city with 10.2% unemployment."
"Organized Labor: The union idea of civil discourse is to protest outside opponents' private homes.
Now union supporters are targeting a developer , with fliers showing a bull's-eye and his home address.
Cue the chirping crickets.
That will be the soundtrack for mainstream media reaction to the latest example of thuggery perpetrated by Wal-Mart opponents who are not happy that the non-union retailer wants to build a Wal-Mart-anchored development on the site of an abandoned Chevy dealership in Washington, D.C.
The development would employ up to 1,200 people in a city with 10.2% unemployment."
What The Heck Happened to the Anti-War Movement?
What The Heck Happened to the Anti-War Movement?
"Remember those hoary days of raucous protest when anti-war protesters sent thousands of people into the streets sometimes with only a days notice?
Now consider this: have you seen any of these giant protests since 2008 presidential election?"
"Remember those hoary days of raucous protest when anti-war protesters sent thousands of people into the streets sometimes with only a days notice?
Now consider this: have you seen any of these giant protests since 2008 presidential election?"
Obama's Internet passport
"The White House cybersecurity adviser joined Commerce Secretary Gary Locke on Jan. 7 to announce what amounts to a national ID card for the Internet.
....Their plan is straightforward.
Instead of logging onto Facebook or one's bank using separate passwords established with each individual company or website, the White House will take the lead in developing what it calls an "identity ecosystem" that will centralize personal information and credentials.
This government-approved system would issue a smart card or similar device that would confirm an individual's identity when making online credit-card purchases, accessing electronic health care records, posting "anonymous" blog entries or even logging onto one's own home computer, according to administration documents."
Imagine if this was the Bush administration.
What is with libs who scream bloody murder at imagined swat teams in libraries but not a peep when the current regime wants into every computer and phone in the land?
It is not so frightening that Omama and his henchmen would concoct such a plan.
We've read their books and listened to their speeches.
What is terrifying is the entire MSM and all the usual free speech/privacy voices who went postal with the mild in comparison, Patriot Act are totally silent.
Does the left really prefer totalitarian government if it's run by Obama?
The perfect merge of the IRS and the thought police.
1984 anyone?
Friday, January 21, 2011
Olbermann gone!
Twitter / HowardKurtz: It is true. MSNBC contract ...
"It is true.
MSNBC contract has ended.
Olbermann is outta there.
Lawrence O'Donnell moves to 8, the Ed Show to 10"
Interesting in that Krazy Keith has the best non-Fox numbers of any cable host:
NEWS RACE
THURS. JAN. 20, 2011
FOXNEWS O'REILLY 2,918,000
FOXNEWS HANNITY 2,079,000
FOXNEWS BAIER 1,940,000
FOXNEWS SHEP 1,786,000
FOXNEWS BECK 1,780,000
FOXNEWS GRETA 1,460,000
MSNBC OLBERMANN 1,106,000
CNN PIERS 1,025,000
MSNBC MADDOW 976,000
MSNBC O'DONNELL 855,000
MSNBC SCHULTZ 760,000
CNN COOPER 740,000
MSNBC HARDBALL 700,000
"It is true.
MSNBC contract has ended.
Olbermann is outta there.
Lawrence O'Donnell moves to 8, the Ed Show to 10"
Interesting in that Krazy Keith has the best non-Fox numbers of any cable host:
NEWS RACE
THURS. JAN. 20, 2011
FOXNEWS O'REILLY 2,918,000
FOXNEWS HANNITY 2,079,000
FOXNEWS BAIER 1,940,000
FOXNEWS SHEP 1,786,000
FOXNEWS BECK 1,780,000
FOXNEWS GRETA 1,460,000
MSNBC OLBERMANN 1,106,000
CNN PIERS 1,025,000
MSNBC MADDOW 976,000
MSNBC O'DONNELL 855,000
MSNBC SCHULTZ 760,000
CNN COOPER 740,000
MSNBC HARDBALL 700,000
Accounting Tweak Could Save Fed From Losses
"'Any future losses the Fed may incur will now show up as a negative liability as opposed to a reduction in Fed capital, thereby making a negative capital situation technically impossible,'"
Sort of like saying a 300 pound man is now "thin"?
What color of clothes is our new emperor now wearing?
Muskegon weenies rule!
"The Gillette Sand Dune Visitor Center at P.J. Hoffmaster State Park in Muskegon is offering guided snowshoe hikes on Saturdays, beginning Jan. 15 through Feb. 26, with a special moonlight hike offered Friday, Feb. 18, at 7 p.m."
Honeybunch and I have been cruising the eastern Caribbean the last few weeks and just returned so we were really excited to go on our first snowshoe trek this year.
Well, we checked it out and it's cancelled tomorrow because it's gonna be....cold!
Gimme a break!!!!
What a bunch of pussies!
I guess they're worried they'll be in some lib lawyer's crosshares! (bunny speak-we don't want to offend sensitive libs with "crosshairs")
We're goin' tomorrow anyway.
Good golly....
Grand Rapids not just sick, it's dying
Newsweek: Grand Rapids not just sick, it's dying MLive.com
"Grand Rapids landed in tough company Friday, as one of the top 10 dying U.S. cities.
The No. 10 rank was a blow for a city trying hard to be cool.
The latest massage of census data came from Newsweek magazine.
Who did we beat?
No. 9 Flint, No. 8 South Bend, and No. 7 Detroit.
No, duh."
So I guess it's a good thing Muskegon has less than 100,000 residents?
"Grand Rapids landed in tough company Friday, as one of the top 10 dying U.S. cities.
The No. 10 rank was a blow for a city trying hard to be cool.
The latest massage of census data came from Newsweek magazine.
Who did we beat?
No. 9 Flint, No. 8 South Bend, and No. 7 Detroit.
No, duh."
So I guess it's a good thing Muskegon has less than 100,000 residents?
A bunch of new posts at MuskegonTaxpayersAlliance
Lotto winner, Senate poll, new Irish bar and more!
http://muskegontaxpayers.blogspot.com/
http://muskegontaxpayers.blogspot.com/
USDA Approves Green, Bio-Based Product Label
USDA Approves Green, Bio-Based Product Label : NPR
"SHOGREN: Companies already have introduced thousands of products made from plants or animals instead of petroleum.
That's because of a law that requires the federal government to buy such products if they exist and are affordable.
Mr. STEPHEN CENSKY (Chief Executive Officer, American Soybean Association): We probably would not see the growth of these products without this program.
......SHOGREN: Using bio-based products is supposed to reduce greenhouse gas emissions and dependence on foreign oil.
But, of course, lots of petroleum goes into fertilizers, tractors and irrigation machines.
The government isn't taking that into account when it decides whether a product qualifies for its new label."
"SHOGREN: Companies already have introduced thousands of products made from plants or animals instead of petroleum.
That's because of a law that requires the federal government to buy such products if they exist and are affordable.
Mr. STEPHEN CENSKY (Chief Executive Officer, American Soybean Association): We probably would not see the growth of these products without this program.
......SHOGREN: Using bio-based products is supposed to reduce greenhouse gas emissions and dependence on foreign oil.
But, of course, lots of petroleum goes into fertilizers, tractors and irrigation machines.
The government isn't taking that into account when it decides whether a product qualifies for its new label."
State visit by China's President Hu Jintao yielded little in the way of trade concessions or commitment to human rights
State visit by China's President Hu Jintao yielded little in the way of trade concessions or commitment to human rights - NYPOST.com
"Yes, those were white bird feathers sticking out of the tiger's mouth at the lavish state dinner hosted by President Obama at the White House this week."
"Yes, those were white bird feathers sticking out of the tiger's mouth at the lavish state dinner hosted by President Obama at the White House this week."
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