3/30/2009
Does Anyone Else Feel this is Overreaching for a President?
The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.
On Monday, President Barack Obama is to unveil his plans for the auto industry, including a response to a request for additional funds by GM and Chrysler. The plan is based on recommendations from the Presidential Task Force on the Auto Industry, headed by the Treasury Department.
The White House confirmed Wagoner was leaving at the government's behest after The Associated Press reported his immediate departure, without giving a reason.
General Motors issued a vague statement Sunday night that did not officially confirm Wagoner's departure.
"We are anticipating an announcement soon from the Administration regarding the restructuring of the U.S. auto industry. We continue to work closely with members of the Task Force and it would not be appropriate for us to speculate on the content of any announcement," the company said.
The surprise announcement about the classically iconic American corporation is perhaps the most vivid sign yet of the tectonic change in the relationship between business and government in this era of subsidies and bailouts.
Wagoner has been CEO for 8 years and at GM for more than 30. It is not yet clear who would replace him, or what role the administration would play in that process.
3/29/2009
3/28/2009
Spring Has Forsaken Us
3/26/2009
3/25/2009
The Colt Police Positive Special in .32-20
I came across one of these at a gun store today. It caught my eye as I am a fan of older guns and guns that are chambered for an unusual caliber. This particular gun was in really great shape and I did a little research tonight on the history of it. Many people, like myself, who love guns are also very interested in history. Here's a little of what I found.
The Police Positive Special was an iterative improvement of Colt's earlier Police Positive model, the only differences being a slightly lengthened cylinder and elongated and strengthened frame to allow the chambering of the longer, more powerful .32-20 Winchester and .38 Special cartridges.[2] In the early 20th century the Colt Positive and Positive Special teamed with Colt's other admired model, the Official Police, to capture the lion's share of the law enforcement firearms market.[3] Very popular with law enforcement officers due to its light weight, the Positive Special went through a number of series or “issues”. The first issue ran from introduction to 1927 and had the early 1900-era distinctive Colt black hard rubber grips. The second issue introduced wooden grips which were smooth in the early years, later giving way to a checkered style, also the smooth topstrap was replaced with a serrated one. The Third issue began in 1947, and the Fourth issue in 1977 introduced a Colt Python-style shrouded ejector-rod housing. Production of the Police Positive Special ended in 1995.
The .32-20 Winchester, also known as the .32 WCF, was the first small-game lever-action cartridge that Winchester produced. It was initially introduced as a blackpowder cartridge in 1882 for small-game, varmint hunting, and deer. Colt produced a single-action pistol chambered for this cartridge a few years later.
The Police Positive Special was an iterative improvement of Colt's earlier Police Positive model, the only differences being a slightly lengthened cylinder and elongated and strengthened frame to allow the chambering of the longer, more powerful .32-20 Winchester and .38 Special cartridges.[2] In the early 20th century the Colt Positive and Positive Special teamed with Colt's other admired model, the Official Police, to capture the lion's share of the law enforcement firearms market.[3] Very popular with law enforcement officers due to its light weight, the Positive Special went through a number of series or “issues”. The first issue ran from introduction to 1927 and had the early 1900-era distinctive Colt black hard rubber grips. The second issue introduced wooden grips which were smooth in the early years, later giving way to a checkered style, also the smooth topstrap was replaced with a serrated one. The Third issue began in 1947, and the Fourth issue in 1977 introduced a Colt Python-style shrouded ejector-rod housing. Production of the Police Positive Special ended in 1995.
The .32-20 Winchester, also known as the .32 WCF, was the first small-game lever-action cartridge that Winchester produced. It was initially introduced as a blackpowder cartridge in 1882 for small-game, varmint hunting, and deer. Colt produced a single-action pistol chambered for this cartridge a few years later.
3/22/2009
NCAA Sweet Sixteen
3/21/2009
A Prayer in Spring
Oh, give us pleasure in the flowers to-day;
And give us not to think so far away
As the uncertain harvest; keep us here
All simply in the springing of the year.
Oh, give us pleasure in the orchard white,
Like nothing else by day, like ghosts by night;
And make us happy in the happy bees,
The swarm dilating round the perfect trees.
And make us happy in the darting bird
That suddenly above the bees is heard,
The meteor that thrusts in with needle bill,
And off a blossom in mid air stands still.
For this is love and nothing else is love,
The which it is reserved for God above
To sanctify to what far ends He will,
But which it only needs that we fulfil.
-- Robert Frost (1915)
3/17/2009
3/14/2009
Love the Change and Bipartisanship
WASHINGTON (CNN) – President Obama took a lighthearted jab at Republicans Saturday after a nearly 35-minute press op with Brazilian President Lula da Silva in the Oval Office.
It came when a Brazilian reporter asked him whether he planned to visit the Amazon. Obama joked: "You know, I would love a trip to the Amazon. I suspect that the Republican Party would love to see me travel through the Amazon and maybe get lost."
Obama said he was looking forward to visiting Brazil, though no dates had been set.
"I will tell you that because I'm somebody who grew up in Hawaii, I felt it was very important that I at least go to Rio, where I understand the beaches are pretty nice."
3/11/2009
A Sad Week
3/09/2009
3/08/2009
3/05/2009
Judges Given Power To Set Interest Rate AND Cost of Home
WASHINGTON (Reuters) -- Bankruptcy judges could cut the mortgage debt of homeowners in bankruptcy court as a last resort to avert foreclosure, under a bill approved by a 234-191 vote Thursday in the U.S. House of Representatives.
Seen by Democratic supporters as vital to stabilizing the crumbling U.S. real estate market, the so-called "cramdown" bill has been opposed by bankers, despite amendments to limit its scope, including one restricting it to existing mortgages.
The Senate was expected to consider its own version of the House bill soon, but chances of passage are uncertain.
The House bill has additional provisions meant to help homeowners in the worst housing market in decades, a slump that has helped pull the U.S. economy into a deepening recession.
Under present law, bankruptcy courts may reduce many forms of debt for struggling borrowers -- including a boat, car, vacation home or family farm -- but not a primary residence.
Changing bankruptcy law to allow this, say bankers and Republican opponents of the bill, would raise costs for everyone by diverting capital from the mortgage debt market.
Why are we allowing judges to decide not only what interest a house should be cut to but also to decide how much of the cost the owner should be responsible for? Pick the right judge and your $230,000 house may now only cost you $15,000 at 3% interest. That is IF YOU DIDN'T PAY YOUR BILLS IN THE FIRST PLACE. Sorry responsible person (read conservative) you are out of luck once again. By the way, make sure to leave your money at the door when you leave. We'll be redistributing that for you now.
Seen by Democratic supporters as vital to stabilizing the crumbling U.S. real estate market, the so-called "cramdown" bill has been opposed by bankers, despite amendments to limit its scope, including one restricting it to existing mortgages.
The Senate was expected to consider its own version of the House bill soon, but chances of passage are uncertain.
The House bill has additional provisions meant to help homeowners in the worst housing market in decades, a slump that has helped pull the U.S. economy into a deepening recession.
Under present law, bankruptcy courts may reduce many forms of debt for struggling borrowers -- including a boat, car, vacation home or family farm -- but not a primary residence.
Changing bankruptcy law to allow this, say bankers and Republican opponents of the bill, would raise costs for everyone by diverting capital from the mortgage debt market.
Why are we allowing judges to decide not only what interest a house should be cut to but also to decide how much of the cost the owner should be responsible for? Pick the right judge and your $230,000 house may now only cost you $15,000 at 3% interest. That is IF YOU DIDN'T PAY YOUR BILLS IN THE FIRST PLACE. Sorry responsible person (read conservative) you are out of luck once again. By the way, make sure to leave your money at the door when you leave. We'll be redistributing that for you now.
3/03/2009
A Call to Conservatives Everywhere!!!
Conservatives, too long have we watched. Too long have we been quiet. Too long have we allowed those bent on hate and irresponsibility to define us. Too long have we stood for being called racists when we were the ones who bled and died for equality. We were the ones who kept this country together and did not allow it to be split. We were the ones who made sure that EVERYONE had the right to vote. And we were the ones who not only died for America but we are the ones who live for her as well. It's time that conservatives act a little more like our first and greatest hero:
3/02/2009
Stimulus?
3/01/2009
A New Blog
I would like to draw your attention to someone who just started a blog entitled Pastors and Church. His name is Tim Shockley and he is a good friend of mine in real life. He is honorable and trustworthy and an all around joy to hang out with. I told him that I would send some interesting people over to check his blog out. You can find him HERE
Subscribe to:
Posts (Atom)