Should Michigan keep its drunken driving threshold at .08 percent BAC? (with poll) | MLive.com
"Another factor: Michigan could lose an estimated $50 million a year in federal highway funding if the state allows the threshold to bounce back up to .10.
All states have drunken driving thresholds set at .08 to be in compliance with federal standards and keep their federal highway money."
Monday, February 18, 2013
Michigan's average gas price inches closer to $4 per gallon
Michigan's average gas price inches closer to $4 per gallon | MLive.com
"Michigan has the 7th highest average gas price in the nation "
"Michigan has the 7th highest average gas price in the nation "
Presidents Day: A look at the presidents who have visited the Muskegon area
Presidents Day: A look at the presidents who have visited the Muskegon area | MLive.com:
"Richard Nixon helped dedicate Walker Arena as part of a campaign stop when he was vice president in 1960. Nixon also visited the new Holiday Inn at Hoyt and Seaway in Muskegon Heights on June 8, 1964. "
"Richard Nixon helped dedicate Walker Arena as part of a campaign stop when he was vice president in 1960. Nixon also visited the new Holiday Inn at Hoyt and Seaway in Muskegon Heights on June 8, 1964. "
Sunday, February 17, 2013
Presidents Day:GM flounders
Presidents Day: Government vacations, Islamists flourish, GM flounders | Washington Times Communities:
Rescue Madness: GM Seems Headed Backwards to Bankruptcy
When I look through recent disclosures made by General Motors, I think of Monty Python’s John Cleese in the famous “dead parrot” sketch:
Looking at available “facts”, General Motors today is not technically “dead”—however, alarm bells are ringing off the hook.
In 2012, consolidated Automotive revenues grew by slightly less than 1 % from $ 148.9 billion to $ 150.3 billion. Automotive gross margin fell from a puny 12.4% in 2011 to 6.7%,
in 2012. Operating income before goodwill impairment charges fell from $ 6.9 billion to an operating loss of $ 3.2 billion.
Pretax income after all charges plummeted from $ 6.0 billion to a staggering loss of $ 30.3 billion.
Moreover, these consolidated results were produced while the largest unit, GM North America, increased its capacity utilization rate from 95.6% to 97.5%.
No manufacturing business is viable at such levels for long and few American businesses have already been as coddled by various governments.
In 2012, consolidated Automotive revenues grew by slightly less than 1 % from $ 148.9 billion to $ 150.3 billion. Automotive gross margin fell from a puny 12.4% in 2011 to 6.7%,
in 2012. Operating income before goodwill impairment charges fell from $ 6.9 billion to an operating loss of $ 3.2 billion.
Pretax income after all charges plummeted from $ 6.0 billion to a staggering loss of $ 30.3 billion.
Moreover, these consolidated results were produced while the largest unit, GM North America, increased its capacity utilization rate from 95.6% to 97.5%.
No manufacturing business is viable at such levels for long and few American businesses have already been as coddled by various governments.
If you cannot sell/lease vehicles when money is essentially free, how can you hope to do so as rates correct back up as they have started to do since July 2012?
Analysis that is more complete will have to wait until the first week of March when GM releases its Annual Report on Form 10-K.
Analysis that is more complete will have to wait until the first week of March when GM releases its Annual Report on Form 10-K.
Rest assured that informed investors will not be celebrating even if entrenched unions, managers and politicians dare to gloat.
Bailing out a structurally challenged vehicle producer using borrowed taxpayer funds, without fully addressing competitive weaknesses has not restored the fortunes of General Motors.
» DHS Purchases 21.6 Million More Rounds of Ammunition
» DHS Purchases 21.6 Million More Rounds of Ammunition Alex Jones' Infowars: There's a war on for your mind!:
"To put that in perspective, during the height of active battle operations in Iraq, US soldiers used 5.5 million rounds of ammunition a month.
Extrapolating the figures, the DHS has purchased enough bullets over the last 10 months to wage a full scale war for almost 30 years."
"To put that in perspective, during the height of active battle operations in Iraq, US soldiers used 5.5 million rounds of ammunition a month.
Extrapolating the figures, the DHS has purchased enough bullets over the last 10 months to wage a full scale war for almost 30 years."
Sale of personal gene data condemned as ‘unethical and dangerous’
Sale of personal gene data condemned as ‘unethical and dangerous’ | The Raw Story
"Private firms will soon be able to buy people’s medical and genetic data without their consent and, in certain cases, acquire personal information that might enable them to identify individuals.
The revelation, which contradicts government claims that such material would be completely anonymous, has raised fears that pharmaceutical firms and insurance companies will be able to determine the identities of people susceptible to particular diseases.
It has prompted claims that fundamental changes to the use of NHS patient data are being introduced without adequate public debate or regulatory oversight."
"Private firms will soon be able to buy people’s medical and genetic data without their consent and, in certain cases, acquire personal information that might enable them to identify individuals.
The revelation, which contradicts government claims that such material would be completely anonymous, has raised fears that pharmaceutical firms and insurance companies will be able to determine the identities of people susceptible to particular diseases.
It has prompted claims that fundamental changes to the use of NHS patient data are being introduced without adequate public debate or regulatory oversight."
Strange Facts about America’s ‘Poor’
Strange Facts about America’s ‘Poor’ - By Robert Rector - The Corner - National Review Online
"In a recent Rasmussen poll, adults agreed (by a ratio of six to one) that “a family that is adequately fed and living in a house or apartment that is in good repair” is not poor.
By that simple test, about 80 percent of the Census Bureau’s “poor” people would not be considered poor by their fellow Americans.
In the same Rasmussen poll, however, 73 percent said poverty was a severe problem.
Why the disconnect?
The answer: Public perception of poverty in the U.S. is governed by the mainstream media, which invariably depicts the Census Bureau’s tens of millions of poor people as chronically hungry and malnourished, homeless or barely hanging on in overcrowded, dilapidated housing. "
"In a recent Rasmussen poll, adults agreed (by a ratio of six to one) that “a family that is adequately fed and living in a house or apartment that is in good repair” is not poor.
By that simple test, about 80 percent of the Census Bureau’s “poor” people would not be considered poor by their fellow Americans.
In the same Rasmussen poll, however, 73 percent said poverty was a severe problem.
Why the disconnect?
The answer: Public perception of poverty in the U.S. is governed by the mainstream media, which invariably depicts the Census Bureau’s tens of millions of poor people as chronically hungry and malnourished, homeless or barely hanging on in overcrowded, dilapidated housing. "
Global-warming zealots to ban ice makers
Global-warming zealots to ban ice makers - Washington Times Ice makers are the latest target in the left’s ongoing war against the conveniences of modern life.
Earlier this month, the National Institute of Standards and Technology (NIST) issued a report that may condemn this essential household item to the contraband list that already includes functional light bulbs, toilets, washing machines and showerheads.
Bumped from 2011
Earlier this month, the National Institute of Standards and Technology (NIST) issued a report that may condemn this essential household item to the contraband list that already includes functional light bulbs, toilets, washing machines and showerheads.
Bumped from 2011
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