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POPSObama's Health-Care Gamble Amazingly this is coming from Newsweek's Howard Fineman. He goes on to say: "The effort to jam the bill through Congress made the public dubious. Most Democrats voted for a version of the bill on the first round without having read, let alone digested, its thousands of pages. As the Christmas Eve vote approached, desperate last-minute stocking stuffers appeared in the small print, such as a $1.2 billion payoff to the state of Nebraska that secured Sen. Ben Nelson's reluctant vote." There's much more and it's indeed very telling. Get a grip Capitol Hill and "start over". Nobody wants it as is.
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POPSFaith in Free-Market Capitalism Is Being Rewarded The biggest source of economic stimulus is not the $800 billion Barack Obama spending package. It's the $4.6 trillion of capital gains thrown off by the stock market over the past three quarters. This is investment money, and it also enhances consumer spending. As a result, jobs are likely to start rising early in 2010. The other source of economic stimulus is the amount of money Michael Moore invests in Dominos Pizza and Krispy Kreme, only later to bemoan those same corporations in which he owns shares. Michael Moore-on's movie in which he capitalistically makes money off of gullible liberals’ hatred of capitalism? Seriously, not only did that movie bomb, but the hippo-like hypocrite became enchanted by the ideals of socialism when he took an economics class while coked out of his mind. Using socialism to help revive a failing economy is like putting angry weasels down your pants because you need some rest.
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POPSChina unveils 'world's fastest train link' Test runs for the service began earlier in December and the link officially went into service when the first scheduled train left the eastern metropolis of Wuhan on Saturday. By comparison, the average for high-speed trains in Japan was 243 kilometres per hour while in France it was 277 kilometres per hour, said Xu Fangliang, general engineer in charge of designing the link, according to Xinhua. Beijing has an ambitious rail development programme aimed at increasing the national network from the current 86,000 kilometres to 120,000 kilometres, making it the most extensive rail system outside the United States. China unveiled its first high-speed line at the time of the Beijing Olympics in 2008 -- a service linking the capital with the port city of Tianjin.
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POPSChina's high speed train line completed in just 4 years Now this is real stimulus. The U.S. has nothing like this. The only "stimulus" the present idiotic administration can come up with is throwing good money at the useless trade unions in the auto industry for more votes and payback for their support, and to bail out the fat cats in banks and on wall street. It is clear to me. this trojan horse empty suit is trying to wreck our economy.
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POPSBreathtaking Courage in Iran fight!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! (as always, Pamela Geller is THE BEST source for news, photos and updates from Iran)
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POPSThe Holiday Gift This Country Needs "We also need to invest in our infrastructure, and not just the obvious physical things like our old bridges and trains but more importantly our human infrastructure. We must continue to push for "Medicare Part E - Everybody" - so we can rebuild the social safety net to encourage entrepreneurialism - and along those lines let's fix the bankruptcy bill, and strengthen social security. Finally, we need to think of work differently. Lincoln once said that labor is superior to capital because it precedes it. Nobody gets rich until somebody makes something. We once had an economy that valued laborers - the true producers of wealth - and the middle class. You know. almost everything on this gift list was, in their day, enthusiastically endorsed by Republican Dwight D. Eisenhower. And Barry Goldwater. And Richard Nixon. Somehow this country went insane in 1981 when Reagan took power and declared that "greed was good" and America was to be reinvented."
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POPSLSU Tigers vs Penn State Nittany Lions - Capital One Bowl Preview The Fighting Tigers of Louisiana State University hope to get their tenth win of the season when they take on the Nittany Lions of Penn State University in the Capital One Bowl New Year's day. Les Miles hopes to improve his record in bowl games to 5-0 since taking over as Tigers head coach. In order to do so, he'll have to defeat on of the all-time greatest coaches in NCAA football history, and do so with an injury-riddled squad that is down to it's fourth running back on the depth chart. The top three Tigers running backs (Charles Scott, Richard Murphey and Keiland Williams) are all out for the season with various injuries. Penn State is hoping to improve upon the Big 10's record in major bowl games, including blowout losses by Ohio State in back-to-back BCS Championship games against Florida and LSU.
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POPSSmall Business Owners Lose in Credit Crunch But despite the taxpayer bailouts that have allowed the banks to stay afloat despite plunging the country into a banking crisis they are generally not lending, even though they are doing well again. For the most part, they still holding on to their capital.
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POPSTOO BIZZARE to be TRUE? WAKE UP! Open your mind.........watch the videos...... think about what has been happening...day by day............every day......at a faster and faster pace. Just be aware.......be ready......2010 is going to be a BUMPY RIDE!
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POPSWas Zappos forced to sell by venture capitalisists? A big hesitancy i've always had about raising venture capital money is that i would lose control of decision making for Amplify and Clipmarks - in regards to things related to user experience as well as if/when to raise money and/or sell the company. That said, additional resources sure would help. At this point i think we've raised about $136M less than Ning :)
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POPSSequoia Capital is planting winter wheat One of the things i admired so much in my meetings with Sequioa was that they made complicated things seem so simple - this is a perfect example. Their track record of consistent success is no coincidence.
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POPSOnly "Reckless Fools" Would Reject The Science Behind Global Warming "I will ask my fellow US citizens who share my sense of urgency to join me in asking President Obama and the leadership of the US Senate to set a deadline of April 22, 2010 -- the 40th anniversary of Earth Day -- for final action on the US legislation," Gore said. Gore said that only "reckless fools" reject the science behind global warming. What's the matter Al baby, scared the votes will be gone after the 2010 elections.
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POPSObama Planning a Legal Fudge for TARP? According to Reuters, “the administration was looking at setting up a special purpose vehicle to be a conduit for money…that would get around restrictions on executive bank pay.” There’s an irony here. Didn’t “special purpose vehicles” help carry us into this credit crisis to begin with? (Answer: They did! And into the Enron debacle, too.) Besides, isn’t it unseemly for the executive to skulk around the intent of a duly passed law? If the law is flawed, shouldn’t the administration persuade Congress to change it?