States of Crisis for 46 Governments Facing Greek-Style Deficits - Bloomberg
"Still, California isn’t Greece.
It’s home to Silicon Valley, Hollywood and a $27 billion agriculture industry.
“It’s unbelievable,” says Bob Nichols, CEO of Windward Capital Management Co. in Los Angeles.
“How do you screw up a place with the growth capability of California?
It’s so dysfunctional.”"
Monday, June 28, 2010
Styx, Foreigner time slots changed for Tuesday concert
Styx, Foreigner time slots changed for Tuesday concert MLive.com
"In that spirit, contrary to what had previously been reported, Summer Celebration officials today were notified that Styx will be the headliner of Tuesday evenings concert at Heritage Landing.
Foreigner will go on at 7 p.m., Styx will follow at 8:50."
"In that spirit, contrary to what had previously been reported, Summer Celebration officials today were notified that Styx will be the headliner of Tuesday evenings concert at Heritage Landing.
Foreigner will go on at 7 p.m., Styx will follow at 8:50."
unrestrained spending debt and taxes
The Free Enterprise Nation - unrestrained spending debt and taxes
"The federal government says that national debt is $13.5 TRILLION, yet they plan to borrow another $1.5 trillion this year, and another $7 trillion over the next decade.
Meanwhile, experts say that there is ANOTHER $106 trillion of HIDDEN debt for Social Security and Medicare, and the government’s own pension plan for civilian and military pensions is completely unfunded.
Congress has just guaranteed Fannie Mae and Freddie Mac debt, and these two “financial black holes” have guaranteed $8 trillion of unworthy mortgages!"
"The federal government says that national debt is $13.5 TRILLION, yet they plan to borrow another $1.5 trillion this year, and another $7 trillion over the next decade.
Meanwhile, experts say that there is ANOTHER $106 trillion of HIDDEN debt for Social Security and Medicare, and the government’s own pension plan for civilian and military pensions is completely unfunded.
Congress has just guaranteed Fannie Mae and Freddie Mac debt, and these two “financial black holes” have guaranteed $8 trillion of unworthy mortgages!"
Sunday, June 27, 2010
Why I'm going to be VERY careful where I put my money this summer | Mail Online
Why I'm going to be VERY careful where I put my money this summer Mail Online: "Here are two essential pieces of advice. Anyone planning to travel to Eurozone countries during the summer should consider what has previously been unthinkable - the fate of euro notes and coins if the single currency falls apart.
I believe it is inevitable that Greece and Portugal will pull out of the euro at some stage, and when that happens there will be little or no warning.
In these extreme circumstances, the euros issued by these two countries might be converted back to drachmas and escudos - leaving the value of them in jeopardy.
Of course, under European Central Bank rules the value of this money ought to be fully protected, but who knows what will happen if there was a major crisis.
Certainly, on my travels, I'm going to be wary of accepting euro notes with serial numbers that are prefixed with the letters Y (coming from Greece) or M (from Portugal).
I shall also strongly steer clear of notes with the serial numbers starting G (Cyprus), S (Italy), V ( Spain), T ( Ireland) and F (Malta).
This might sound as if I'm being ridiculously alarmist, but you cannot be too careful.
However, other euro notes should be reasonably safe."
I believe it is inevitable that Greece and Portugal will pull out of the euro at some stage, and when that happens there will be little or no warning.
In these extreme circumstances, the euros issued by these two countries might be converted back to drachmas and escudos - leaving the value of them in jeopardy.
Of course, under European Central Bank rules the value of this money ought to be fully protected, but who knows what will happen if there was a major crisis.
Certainly, on my travels, I'm going to be wary of accepting euro notes with serial numbers that are prefixed with the letters Y (coming from Greece) or M (from Portugal).
I shall also strongly steer clear of notes with the serial numbers starting G (Cyprus), S (Italy), V ( Spain), T ( Ireland) and F (Malta).
This might sound as if I'm being ridiculously alarmist, but you cannot be too careful.
However, other euro notes should be reasonably safe."
Saturday, June 26, 2010
Decision to use on-duty officers for funeral procession of David Brown Jr. spurs outrage
Decision to use on-duty officers for funeral procession of David Brown Jr. spurs outrage CRIME Blog dallasnews.com
"A cop-killer who is the son of the Dallas police chief continued to stir deep emotions Friday as he headed to his grave.
An apparent last-minute decision by a deputy police chief to provide assistance during part of David Brown Jr.'s funeral procession angered some police associations. The city manager quickly issued a written statement distancing herself and Chief David Brown from the decision.
'This was not a planned event nor a full honor escort,' according to the statement issued late Friday afternoon evening by Dallas City Manager Mary Suhm. 'The action will be fully investigated and may lead to disciplinary action.'
Officers said the assistance included 10 to 12 motorcycles and at least one squad car.
David Brown Jr., who killed Lancaster police Officer Craig Shaw and an innocent bystander June 20 before being shot by other officers, was buried in Lincoln Memorial Cemetery in Dallas."
READ THIS!
"A cop-killer who is the son of the Dallas police chief continued to stir deep emotions Friday as he headed to his grave.
An apparent last-minute decision by a deputy police chief to provide assistance during part of David Brown Jr.'s funeral procession angered some police associations. The city manager quickly issued a written statement distancing herself and Chief David Brown from the decision.
'This was not a planned event nor a full honor escort,' according to the statement issued late Friday afternoon evening by Dallas City Manager Mary Suhm. 'The action will be fully investigated and may lead to disciplinary action.'
Officers said the assistance included 10 to 12 motorcycles and at least one squad car.
David Brown Jr., who killed Lancaster police Officer Craig Shaw and an innocent bystander June 20 before being shot by other officers, was buried in Lincoln Memorial Cemetery in Dallas."
READ THIS!
Retro Thing: MS 760 Paris Jet: The ultimate way to fly, 1950s style
Retro Thing: MS 760 Paris Jet: The ultimate way to fly, 1950s style
Also at the airshow today and tomorrow!
Also at the airshow today and tomorrow!
The Real Top Gun
The Real Top Gun Military Aviation Air & Space Magazine
"As the F-14 tomcat rounded the fantail on the aircraft carrier’s port side, Dale Snodgrass whipped it into an 85-degree banked turn. With its right wingtip below the flight deck, the jet sliced past the spectators, rolled wings level and pulled up into the vertical S of a double Immelman, then shot back down into a high-G aerobatic performance that flung mist off the wings like fur in a catfight."
He flys at the MSC airshow today and tomorrow!
"As the F-14 tomcat rounded the fantail on the aircraft carrier’s port side, Dale Snodgrass whipped it into an 85-degree banked turn. With its right wingtip below the flight deck, the jet sliced past the spectators, rolled wings level and pulled up into the vertical S of a double Immelman, then shot back down into a high-G aerobatic performance that flung mist off the wings like fur in a catfight."
He flys at the MSC airshow today and tomorrow!
Ottawa County paid to settle lawsuit over immigrants getting marriage licenses
Ottawa County paid to settle lawsuit over immigrants getting marriage licenses MLive.com
"The county paid $13,350 to settle a recent federal lawsuit over a former county policy that required people to give Social Security numbers to get a marriage license.
Attorneys for the Los Angeles-based Mexican American Legal Defense and Educational Fund were paid the settlement money, said Douglas VanEssen, an attorney for Ottawa County."
"The county paid $13,350 to settle a recent federal lawsuit over a former county policy that required people to give Social Security numbers to get a marriage license.
Attorneys for the Los Angeles-based Mexican American Legal Defense and Educational Fund were paid the settlement money, said Douglas VanEssen, an attorney for Ottawa County."
‘Don’t Taze My Granny!’
‘Don’t Taze My Granny!’ « LewRockwell.com Blog
"Understandably alarmed — and probably more than a little disgusted — by the presence of uninvited armed strangers in her home, Lona ordered them to leave. This directive, issued by a fragile female octogenarian confined to a hospital-style bed and tethered to an oxygen tank, was interpreted as “aggressive” behavior by Officer Thomas Duran, who ordered one of his associates : “Taser her!”
“Don’t taze my granny!” exclaimed Tinsley."
"Understandably alarmed — and probably more than a little disgusted — by the presence of uninvited armed strangers in her home, Lona ordered them to leave. This directive, issued by a fragile female octogenarian confined to a hospital-style bed and tethered to an oxygen tank, was interpreted as “aggressive” behavior by Officer Thomas Duran, who ordered one of his associates : “Taser her!”
“Don’t taze my granny!” exclaimed Tinsley."
Friday, June 25, 2010
UH, PEGGY, CHECK THE MAP
UH, PEGGY, CHECK THE MAP Charlie Sykes
There the folks who run Milwaukee County. A classic moment of cluelessness courtesy of Milwaukee County Supervisor Peggy West, who shares her geographical insights Thursday during a debate over a boycott of Arizona."
This is TOO funny.....if "funny" is the destruction of a politician's brain.
There the folks who run Milwaukee County. A classic moment of cluelessness courtesy of Milwaukee County Supervisor Peggy West, who shares her geographical insights Thursday during a debate over a boycott of Arizona."
This is TOO funny.....if "funny" is the destruction of a politician's brain.
Thursday, June 24, 2010
MCCARTNEY: Global-warming skeptics same as Holocaust deniers...
Exclusive Paul McCartney chat The Sun Features
"The Beatles legend said: 'Sadly we need disasters like this to show people.
Some people don't believe in climate warming - like those who don't believe there was a Holocaust."
"The Beatles legend said: 'Sadly we need disasters like this to show people.
Some people don't believe in climate warming - like those who don't believe there was a Holocaust."
Get a great view of the air show, fireworks on the LST-393
Get a great view of the air show, fireworks on the LST-393 MLive.com
"The USS LST-393 has a two-for-one deal this weekend: Tour the historic ship and get a great view of Muskegon’s air show.
The World War II landing craft will be open Saturday and Sunday for tours for a $5 donation, and people on board each afternoon will have a front-row seat for the Summer Celebration Air Show scheduled for 12:30-3 p.m. both days."
"The USS LST-393 has a two-for-one deal this weekend: Tour the historic ship and get a great view of Muskegon’s air show.
The World War II landing craft will be open Saturday and Sunday for tours for a $5 donation, and people on board each afternoon will have a front-row seat for the Summer Celebration Air Show scheduled for 12:30-3 p.m. both days."
Wednesday, June 23, 2010
Half of all modified mortgages redefault within a year
Half of all modified mortgages redefault within a year - Yahoo! Finance
"More than half of all homeowners with modified mortgages fell at least two months behind in their payments a year after the adjustment was made, according to a federal report released Wednesday."
"More than half of all homeowners with modified mortgages fell at least two months behind in their payments a year after the adjustment was made, according to a federal report released Wednesday."
Spring Lake's Christ Community Church removes cross, changes name to C3Exchange
Spring Lake's Christ Community Church removes cross, changes name to C3Exchange MLive.com
"Lawton gave a sermon March 21 likening using the cross as a symbol of Christ’s life to using a bullet to remember Martin Luther King Jr. He said that opinion is his and not the church’s."
"Lawton gave a sermon March 21 likening using the cross as a symbol of Christ’s life to using a bullet to remember Martin Luther King Jr. He said that opinion is his and not the church’s."
Maywood to lay off all city employees, dismantle Police Department
Maywood to lay off all city employees, dismantle Police Department L.A. NOW Los Angeles Times
"The city of Maywood will lay off all city employees and begin contracting police services with the Los Angeles County Sheriff's Department effective July 1, officials said.
In addition to contracting with the Sheriff's Department, the Maywood City Council voted unanimously Monday night to lay off an estimated 100 employees and contract with neighboring Bell, which will handle other city services such as finance, records management, parks and recreation, street maintenance and others.
Maywood will be billed about $50,833 monthly, which officials said will save $164,375 annually.
'We will become 100% a contracted city,' said Angela Spaccia, Maywood's interim city manager."
"The city of Maywood will lay off all city employees and begin contracting police services with the Los Angeles County Sheriff's Department effective July 1, officials said.
In addition to contracting with the Sheriff's Department, the Maywood City Council voted unanimously Monday night to lay off an estimated 100 employees and contract with neighboring Bell, which will handle other city services such as finance, records management, parks and recreation, street maintenance and others.
Maywood will be billed about $50,833 monthly, which officials said will save $164,375 annually.
'We will become 100% a contracted city,' said Angela Spaccia, Maywood's interim city manager."
Tuesday, June 22, 2010
EDITORIAL: The Golfer in Chief - Washington Times
EDITORIAL: The Golfer in Chief - Washington Times
"Marathon golf sessions often with high-roller partners are only one aspect of Mr. Obama's growing image problem.
While America suffers, Mr. Obama is hosting gala events at the White House, hanging out with rock stars, making pro-forma photo ops and then returning to Washington to 'clear his mind.'
We're surprised to hear that his mind is cluttered with anything, but he does have a busy travel schedule.
Last week, for example, Mr. Obama spent between $500,000 and $1 million of taxpayer money to fly to Ohio to deliver a 10-minute speech touting his purported achievements.
Because of the presidential presence, the work site Mr. Obama visited was closed for the day, taking work hours away from the working man.
'That's $200 we are missing out on,' said construction worker George Harrison.
'Everybody needs to eat, right?'
Eat cake, George."
"Marathon golf sessions often with high-roller partners are only one aspect of Mr. Obama's growing image problem.
While America suffers, Mr. Obama is hosting gala events at the White House, hanging out with rock stars, making pro-forma photo ops and then returning to Washington to 'clear his mind.'
We're surprised to hear that his mind is cluttered with anything, but he does have a busy travel schedule.
Last week, for example, Mr. Obama spent between $500,000 and $1 million of taxpayer money to fly to Ohio to deliver a 10-minute speech touting his purported achievements.
Because of the presidential presence, the work site Mr. Obama visited was closed for the day, taking work hours away from the working man.
'That's $200 we are missing out on,' said construction worker George Harrison.
'Everybody needs to eat, right?'
Eat cake, George."
Following a state trend, Muskegon pulls lifeguards to save money
Following a state trend, Muskegon pulls lifeguards to save money MLive.com
"Brubaker-Clarke said cutting the lifeguards will save the city about $26,000.
The city might decide to reinstate the lifeguard program in the future, she said, but probably won’t have the funds to do so anytime soon.
“Given the fact that we need to make significant cuts and have done so over previous years ... some of the extras that are important, but not as important, we’ve had to cut,” she said."
"Brubaker-Clarke said cutting the lifeguards will save the city about $26,000.
The city might decide to reinstate the lifeguard program in the future, she said, but probably won’t have the funds to do so anytime soon.
“Given the fact that we need to make significant cuts and have done so over previous years ... some of the extras that are important, but not as important, we’ve had to cut,” she said."
Finance Bill's Devilish Details
Finance Bill's Devilish Details - IBD - Investors.com
"Subprime Scandal: Much of the 2,000-page draft of the Democrats' finance reform bill could have been written by Acorn, and probably was."
"Subprime Scandal: Much of the 2,000-page draft of the Democrats' finance reform bill could have been written by Acorn, and probably was."
Public sector staff spend 9 fewer years at work and earn 30% more than private employees
Public sector staff spend 9 fewer years at work and earn 30% more than private employees Mail Online: "Great jobs apartheid:
Public sector staff spend nine fewer years at work over lifetime than private employees AND earn 30% more"
And they tell the Brits there is no "fat" to cut?
Public sector staff spend nine fewer years at work over lifetime than private employees AND earn 30% more"
And they tell the Brits there is no "fat" to cut?
Now they tell us: Detroit School Board President Otis Mathis was a D-student in high school, went to college in a program for the academically unqualified, now resigned in disgrace after habitually masturbating in front of School Superintendent
theblogprof: Now they tell us: Detroit School Board President Otis Mathis was a D-student in high school, went to college in a program for the academically unqualified, now resigned in disgrace after habitually masturbating in front of School Superintendent:
"Detroit School Board President Otis Mathis was a D-student in high school, went to Wayne State University in a program for the academically unqualified, sued for his degree because he couldn't pass a basic English test, became a community organizer, eventually was unanimously elected President of the School Board despite his being unqualified (just like our Community Organizer-In-Chief)."
Ain't affirmative action great?
"Detroit School Board President Otis Mathis was a D-student in high school, went to Wayne State University in a program for the academically unqualified, sued for his degree because he couldn't pass a basic English test, became a community organizer, eventually was unanimously elected President of the School Board despite his being unqualified (just like our Community Organizer-In-Chief)."
Ain't affirmative action great?
The Runaway General | Rolling Stone Politics
The Runaway General Rolling Stone Politics
"'How'd I get screwed into going to this dinner?' demands Gen. Stanley McChrystal."
Here's the article
"'How'd I get screwed into going to this dinner?' demands Gen. Stanley McChrystal."
Here's the article
29-year-old Mayfield Heights man admits killing infant daughter with boiling water
29-year-old Mayfield Heights man admits killing infant daughter with boiling water cleveland.com
"A 29-year-old father pleaded guilty today to killing his 9-month-old daughter with boiling water.
The plea meant Joseph Nemitz avoided the death penalty.
He was sentenced for aggravated murder to 30 years to life in prison."
This monster "avoided the death penalty"?!!!!
"A 29-year-old father pleaded guilty today to killing his 9-month-old daughter with boiling water.
The plea meant Joseph Nemitz avoided the death penalty.
He was sentenced for aggravated murder to 30 years to life in prison."
This monster "avoided the death penalty"?!!!!
Another Marylander Arrested for Recording the Police
Another Marylander Arrested for Recording the Police - Reason Magazine
"Sheriff's Cpl. Patrick Handy's report explained that Shaw was standing about 12 feet from him, and that Shaw 'did admit to recording our encounter on her cell phone for the purpose of trying to show the police are harassing people.'"
"Sheriff's Cpl. Patrick Handy's report explained that Shaw was standing about 12 feet from him, and that Shaw 'did admit to recording our encounter on her cell phone for the purpose of trying to show the police are harassing people.'"
TALKING ABOUT WHAT TO DO WITH MCCHRYSTAL, over at The Hill. Plus, a reader emails: “Is it just me,…
Instapundit TALKING ABOUT WHAT TO DO WITH MCCHRYSTAL,
Plus, a reader emails: “Is it just me, or is Michael Yon on the cusp of total, absolute vindication regarding his harsh criticism of McChrystal?” Well, this suggests his concerns had some basis, doesn’t it?
UPDATE: Flashback: Media Promoted Military Criticism Of President Bush. Well, sure.
Under a Republican President, it’s listen to the generals.
Under a Democratic President, it’s all about civilian control of the military.
Posted by Glenn Reynolds at 2:01 pm"
Plus, a reader emails: “Is it just me, or is Michael Yon on the cusp of total, absolute vindication regarding his harsh criticism of McChrystal?” Well, this suggests his concerns had some basis, doesn’t it?
UPDATE: Flashback: Media Promoted Military Criticism Of President Bush. Well, sure.
Under a Republican President, it’s listen to the generals.
Under a Democratic President, it’s all about civilian control of the military.
Posted by Glenn Reynolds at 2:01 pm"
Hoyer: Permanent middle class tax cuts too costly
Hoyer: Permanent middle class tax cuts too costly
"House Majority Leader Steny Hoyer said Tuesday that tax increases will eventually be necessary to address the nation's mounting debt, raising a difficult election-year issue as Democrats fight retain control of Congress."
"House Majority Leader Steny Hoyer said Tuesday that tax increases will eventually be necessary to address the nation's mounting debt, raising a difficult election-year issue as Democrats fight retain control of Congress."
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