Showing posts with label TARP. Show all posts
Showing posts with label TARP. Show all posts

Tuesday, April 14, 2009

Ohio is still misrun, and Smart cars impload on themselves

Ohio can't even use Federal Stimulus money correctly. (Associated Post)
COLUMBUS, Ohio (AP) — Ohio wants to spend $57 million in federal stimulus money on highway projects that won't begin for years, an unusual strategy for money that President Barack Obama said should be used to give the economy an immediate job-creating jolt.
Democratic Gov. Ted Strickland and the state's transportation officials passed over some ready-to-go construction projects and steered about 7 percent of their $774 million share for planning and preliminary studies.
That infuriated some local leaders who hoped the money would build even more new bridges or resurface roads in the cash-strapped state, where unemployment recently hit a 25-year high of 9.4 percent...
That includes a two-year study of a highway and rail project on the east side of Cincinnati and the design of a 3-mile road connecting Interstate 490 to Cleveland's art and museum district. The cost is $20 million apiece...
Pennsylvania put all of its highway stimulus money — $1 billion — into construction. So did Oregon. "We wanted work boots on the ground," said Patrick Cooney, spokesman for the Oregon Transportation Commission, which approved $234 million for highway projects.

Dumbasses, get regular people to work I'm sure the engineers have no problems finding jobs.

Minicars have no purpose in Texas (MSN)

Minicars made by Toyota, Honda and Daimler AG did poorly on frontal crash tests with mid-sized automobiles, prompting an influential safety organization to suggest consumers consider buying larger cars that have comparable fuel economy.
"Size still matters,"(Thats what she Said!) Institute President Adrian Lund said in a statement. "Though much safer than they were a few years ago, minicars as a group do a comparatively poor job of protecting people in crashes."


Have they seen the size of vehicles in Texas, I heard somewhere that Texas used to sale more pickup trucks every year than the rest of the nation combined.
Here is what it looks like when smart Cars cant avoid and accident.

Monday, April 13, 2009

Funny TARP bailout

Goldman Sachs Suddenly has money and would like to repay their super cheap loan back. (Fox Buisness)GOVT better hurry up and take that before Sachs changes their mind.
In the spirit of the Bailout, here is some more comedy.

Crank Yankers - Wanda Sykes
Crank Yankers
Gladys' Conjugal Visit
comedycentral.com
Joke of the DayStand-Up ComedyFree Online Games

Russel Peters Stand Up Comedy



Eddie Izzard Stand up (Religion)

Eddie Izzard (Do you have a flag?)

Eddie Izzard Stand Up (Plymouth Rock)

Saturday, March 21, 2009

Bailout, Lions, And shares O My

The worst franchise in NFL history, the Detroit Lions are going to retire the number of Corey Smith. (MSNBC)
One of the players that died in the boating accident off the coast of Florida last month is going to have his number retired by the Detroit Lions. I only ask why? I get that it is a sad circumstance in which Mr. Smith lost his life but is it really necessary to retire his number? Sounds like the lions are trying to capitalize off this media attention. I am sure next week we will hear about the commemorative patch they will where in honor of him. The lions feel like this lost is similar to Pat Tillman the former cardinal that traded his career for a military deployment and Gene Upshaw who headed the union and was a hall of famer. Who had commemorative patches and numbers retired, but they didn't die in a boating accident. No offense to the Smith family but it is not the same. I sympathize with your lost, but to let the lions use this as a marketing tool is just sick.

The House of Representatives passes a bill taxing bailout related bonuses 90% (MSNBC)
A 90 percent retroactive TAX is one of the dumbest things lawmakers can propose. They act like they had no idea that these bonuses where going to be paid out when the TARP was first passed. I am as mad as anyone that people are getting positively compensated for doing a horrible job, but do you realize the implications of letting the government tax you after you receive extra money. This means next year after you make all your money for the year the government could conceivable pass a tax at the end of the year saying everyone needs to pay 50% of their income to the government. Not only that, but this is taxation without representation. A tax is not a punishment, it is to be used for necessary services the government provides for the citizens of this nation. what service would the government give this execs after taxing them over 200 million dollars? The politicians are just trying to cover their ass after they let the TARP go through after most of their constituents thought it was a bad idea. On the other hand by publishing the names of these execs publicly, someone will probably get killed by some person who loses it after they loose their savings. These execs could do the right thing and give this money back and put it towards payroll so that AIG could hirer a bunch of people even if they are for menial jobs. 218 million in payroll could go a long way. But that just makes to much sense to ever happen like my friend said to me.
"Its like they(politicians/execs) have horse blinders on and only look straight ahead rather than looking at obvious options around them"