Friday, April 30, 2010

United Nations

When are we (the United States of America) get out and kick out the UN. What good is a spineless bunch of third world countries trying to play with the big boys. The latest is the UN Women's Commission includes Iran! WTF!!!!

Would someone please tell me any good thing the UN has ever done? Humanitarian accomplishments don't count. We have things like Red Cross etc to take care of those issues.

The USA contributes 22% of the approximately $2 billion annual budget, WHY?

How much do UN diplomats owe in NYC parking tickets, probably close to the $2 billion? I apologize, I just looked it up, they owe NYC $18 million.

Thursday, April 29, 2010

Arizona Law, part 3

People protesting the great new law in Arizona need to get their head out of their butts. Let's say a bunch of conventions cancel plans to have the convention in Arizona. Who gets hurt the most, hotels and restaurants! Who do these hotels and restaurants employ and who will the first to be laid off? I'll let you answer that question.

PS - What good can Al Sharpton do in Arizona?

Saturday, April 24, 2010

GM pays back government

Bull crap, the unions raped the bond holders in bankruptcy and now GM is claiming they paid back the government loans in full. We will never be paid back in full. GM should have been left to fail and we'd be better off. If I have the timeline right, Bush gave GM money and Obama gave GM to the unions. At least we will get the money back eventually.

Arizona Law, part 2

President Obama is upset with Arizona for passing a state law. Two things wrong with this, one, its a state law, STFU. What about states rights! If the fed won't enforce the current law then the state has to protect themselves.

Two, he's only upset as he might lose some voters who will be on a bus home next election. Now if we could get California to enforce immigration law we'd have a real election.

Five years from now the Arizona budget will be running a surplus and the voters of Arizona will say "We told you so!"

From the NYT article: "While police demands of documents are common on subways, highways and in public places in some countries, including France, Arizona is the first state to demand that immigrants meet federal requirements to carry identity documents legitimizing their presence on American soil."

Apparently it is a federal requirement that immigrants carry identity docs at all times, so AZ is just enforcing a federal law. And why is Obama upset, I thought he wanted us to be more like France.

Friday, April 23, 2010

SEC and Stanford Financial

Caller: Hey, I think the Stanford Financial Group is nothing but a big ponzi scam.

SEC: Hey I'd do something but I got this big woody right now and I can't get up.

Thursday, April 22, 2010

George's Financial Reform

- No adjustable rate mortgages, if you cannot afford the house now, then wait.
- Mortgage securitization will be allowed (RMBS), only at one level up from the original mortgage.
- No Credit Default Swaps, if you don't want to buy the security or you think it may be to risky, don't buy it.
- Commodity futures, if you don't have a place to store the commodity (oil, gas, wheat etc) or you won't be using the commodity, you cannot participate in the commodity markets. Keep the speculators out!
- Derivatives should be eliminated. If you don't want to trade in the underlying security, then don't. Something has to be 'real' not just a bunch of paper and calculations.
- No 'short selling', if you don't like a stock, don't buy it.

Thats all for now, more later.

Medicare vs. Socialized Medicine

I have a problem with the libs using medicare as an example of government controlled medicine when the 'keep government out of health care' argument is made. I think the difference is that people have contributed to medicare all their working life and there is a monthly premium paid by recipients.