Official: Obama wants to halve budget deficit

Official: Obama wants to halve budget deficit: "Obama's proposal for the 2010 fiscal year that begins Oct. 1 projects that the estimated $1.3 trillion deficit he has inherited from former President George W. Bush will be halved to $533 billion by 2013. That's a difference of 9.2 percent of the overall economy now vs. 3 percent in four years.
'We can't generate sustained growth without getting our deficits under control,' Obama said in his weekly radio and Internet address that seemed to preview his intentions. He said his budget will be 'sober in its assessments, honest in its accounting, and lays out in detail my strategy for investing in what we need, cutting what we don't, and restoring fiscal discipline.'"

Compliments of Yahoo:
http://news.yahoo.com/s/ap/20090222/ap_on_go_pr_wh/obama_budget

Keep your eye on the prize!

GM, Chrysler seek billions more, to cut more jobs

GM, Chrysler seek billions more, to cut more jobs: "Chrysler said it will cut 3,000 more jobs and stop producing three vehicle models.
The grim reports came as the United Auto Workers union said it had reached a tentative agreement with GM, Chrysler and Ford Motor Co. on contract changes. Concessions with the union and debt-holders were a condition of the government bailout.
GM said it could need up to $30 billion from the Treasury Department, up from a previous estimate of $18 billion. That includes $13.4 billion the company has already received. The world's largest automaker said it could run out of money by March without new funds and needs $2 billion next month and another $2.6 billion in April."

JUST SAY NO!

Vote Now!

Vote Now!: "Zetsche said he thinks the public is only willing to pay for fuel saving technology that can be paid back in a short time, three to four years at the most. On the economy, Zetsche said the slowdown has not had much impact on Daimler's business so far. This means that Daimler customers are not jumping on the subway, at least not the ones that sell real estate, he joked"

Was it taken out of time, or out of context asked the publisher'e editor.

The Writers Cafe.org

Yes!!!! I found it.

Found what asked the highly overpaid, undertrained, overtired worker on the factory shop floor?

The suitcase with the cash!

"What suitcase with the cash?" The shop steward now left his post to hear the gossip on the factory shop floor. What is the horrible sound ? asked Shop Stew

Oh that's just the safety inspection failed whistle, we hear that all the time!

We'll shut the darn thing off, I'm trying to hear the latest from Zetsche, he just got back from DC! stated Stew clearly giving a direct order.

Sure, whatever your my Union Rep, oUo W. shut the switch, now it was just the usual clanging, blanging, sparks flying from the spot welder line, of the old assembly line.

A blast of Hard Rock music came pouring into the machine workers parking lot. One buy one everyone of the 140 different assembly lines came to a screaching halt as people started to line up for the roach coach to purchase some greasy heroes, burgers, and burrittos. Others walked swiftly to their lockers grabbing their lunches snacks a coffee.

Yes! The 10:30 AM break, life on the line does not get better then this except of course at the 12 noon lunch hour!

Stew and oUo W. abruptly stopped talking. The break stops everything. That was the first thing that was explained during the mandatory 3 hour training session for new line workers. Zetsche wae s left standing alone tightly gripping onto the suitcase full of cash he just brought back from D.C.

Real satire from A.M. Sanders.
The Writers Cafe.org

TheWritersCafe.org

The Writers' Cafe

The Writers' Cafe: "Where As:
The US government has already spent un-presedented amounts of money to save to Bail Out insurance companies, banks, and American automobile manufacturers:
Therefore Be It Resolved:
That a committee be established to develop an equitable plan to compensate US citizens who buy American cars. This committee shall be established expressly for the purpose of researching ways to provide financial incentives coming from the beneficiaries of Federal Bailout Dollars. These incentives may include (but are not limited to) incentives such as"

Read More@ The Writers Cafe.org

made 1/4 million in 1 year

made 1/4 million in 1 year: "Justice will be served. No longer will hard working americans have to turn accept paltry nuisance value offers, when they have solid legal cases against the former employers. We can change the world!

Yes, we can!

If you are a competent employment attorney, and want to earn some significant cash for only several hours work, Please respond before 12 noon today if you are up to this challenge!"

courtesy of:

Help Me Sue.com

The above site is a site which strives to help people find attorneys to represent them.

The Interview: Person Of the Year Barack Obama - Person of the Year 2008 - TIME

The Interview: Person Of the Year Barack Obama - Person of the Year 2008 - TIME

On Friday, Dec. 5, the President-elect sat down with TIME managing editor Richard Stengel, editor-at-large David Von Drehle and Time Inc. editor-in-chief John Huey in Obama's spartan transition offices in Chicago to discuss his plans for the coming months, the improbability of his victory and how he's fighting to stay in touch with the real world from inside the presidential bubble. Excerpts from their conversation

The Interview: Person Of the Year Barack Obama - Person of the Year 2008 - TIME: "When voters look at your Administration two years from now, in the off-year election, how will they know whether you're succeeding?

I think there are a couple of benchmarks we've set for ourselves during the course of this campaign. On [domestic] policy, have we helped this economy recover from what is the worst financial crisis since the Great Depression? Have we instituted financial regulations and rules of the road that assure this kind of crisis doesn't occur again?

Have we created jobs that pay well and allow families to support themselves? Have we made significant progress on reducing the cost of health care and expanding coverage?

Have we begun what will probably be a decade-long project to shift America to a new energy economy? Have we begun what may be an even longer project of revitalizing our public-school systems so we can compete in the 21st century? That's on the domestic front.

On foreign policy, have we closed down Guantánamo in a responsible way, put a clear end to torture and restored a balance between the demands of our security and our Constitution? Have we rebuilt alliances around the world effectively? Have I drawn down U.S. troops out of Iraq, and have we strengthened our approach in Afghanistan — not just militarily but also diplomatically and in terms of development?

And have we been able to reinvigorate international institutions to deal with transnational threats, like climate change, that we can't solve on our own?"

Courtesy of Time.com

The Interview: Person Of the Year Barack Obama - Person of the Year 2008 - TIME

Drop by anytime!

Drop by anytime!:

"trillion dollars' worth of bad ideas — sprawl-inducing highways and bridges to nowhere, ethanol plants and pipelines that accelerate global warming, tax breaks for overleveraged McMansion builders and burdensome new long-term federal entitlements — would be worse than mere waste. It would be smarter to buy every American an iPod, a set of Ginsu knives and 600 Subway foot-longs.'

How to Spend a Trillion Dollars
By Michael Grunwald Thursday, Jan. 15, 2009"

How to Spend a Trillion Dollars
By Michael Grunwald Thursday, Jan. 15, 2009

Why the $700 Billion Isn't Helping - TIME

Why the $700 Billion Isn't Helping - TIME: "The Treasury's willingness to eat up toxic mortgage-backed assets stuck on bank balance sheets could help temporarily improve those banks' standing, but there's no certainty it will adequately ease the flow of lending in a market permeated by fear of further failures. In fact, the Federal Reserve's move Tuesday to take an active role in the commercial paper market for short-term loans was a tacit acknowledgement that the bailout bill will not on its own stem the bleeding"


Coutesy of:
Business & Tech

A related link for those interedted in global economic issues:


http://www.time.com/time/world/article/0,8599,1847902,00.html>

StumbleUpon WebToolbar - DVICE: Worlds first wave farm now generating power for 1,500 homes

StumbleUpon WebToolbar - DVICE: Worlds first wave farm now generating power for 1,500 homes

Portugal built Agucadoura, the world's first wave farm off its coast, consisting of three Wave Energy Converters generating a total of 2.25MW.

The elongated metal contraptions bob up and down with the waves, while internal pistons, attached to the sea floor, remain stationary and pump hydraulic fluid. This drives electric generators, whose power is brought ashore by underwater electrical cables. The wave farm is now tapping into enough constant, renewable energy to power 1500 homes.

Who knew there was so much power in the ocean waves? If we laid these 459-foot orange caterpillars all over the world's oceans, we could tap 2 terawatts of power, twice the consumption of the entire world

courtesy of:

Worlds first wave farm now generating power for 1,500 homes-Stumble Upon

Economic Scene - Figure Skews Debate of a Bailout for Detroit - NYTimes.com

Economic Scene - Figure Skews Debate of a Bailout for Detroit - NYTimes.com: "But Congress and the Obama administration shouldn’t fool themselves into thinking that they can preserve the Big Three in anything like their current form. Very soon, they need to shrink to a size that reflects the American public’s collective judgment about the quality of their products.
It’s a sad story, in many ways. But it can’t really be undone at this point. If we had wanted to preserve the Big Three, we would have bought more of their cars.
E-mail: leonhardt@nytimes.com"

http://thewriterscafe.org/

GM sells off “collectables” to pay bills — Just Japanese Car News

GM sells off “collectables” to pay bills — Just Japanese Car News: "General Motors is cleaning out the attic to sell some stuff at the auction house to raise some much needed cash. Around 250 vehicles from GM’s “Heritage Collection,” will be auctioned by Barrett-Jackson, with the first lots going on Jan. 13 in Scottsdale, Ariz., and the second hitting the block in April in West Palm Beach, Fla.
Don’t think that GM is parting with the family jewels to pay the mortgage. Though insiders can’t recall such a big chunk of the collection being sold at once, 25% of the total, most of the vehicles are special show cars and one-offs that GM snapped together for the Specialty Equipment Manufacturers Assn. (SEMA) shows over the years, as well as some classic production cars that were duplicates of models GM still has.
Of interest to some bargain-hunting curiosity seekers, too, are some examples of GM design failures. As one GM executive told me off the record, “These are mostly cars that current management [probably product boss Bob Lutz and design chief Ed Welburn] don’t much care for.”
The real family jewels aren’t going anywhere, even if one, like the first off-the-line 1966 Oldsmobile Toronado or 1938 Buick Y-Job, might bring as much cash as 10 or 20 of the cars being sold off."


Hey, Wait, I've got an idea. How about if GM started producing affordable cars, that get good gas mileage, that are loaded with all the latest safety equipment like traction control, ABS and stability control. That will run well for well over 100,000 miles. Oh yeah, thats not the way they do things, right?

AMbDvd
Jan. 15, 2009
(patiently waiting for Obama)

http://tiger_bythe_toe.tripod.com/

Nation & World | Crew blamed for crash near Mount Everest in Nepal | Seattle Times Newspaper

Nation & World | Crew blamed for crash near Mount Everest in Nepal | Seattle Times Newspaper: "only the captain survived the crash. Twelve Germans, two Australians and four Nepalese were killed.
The tiny Lukla airport is known for its dramatic scenery and a runway that ends in a steep drop of a few hundred feet (meters). It is an important jumping-off point for trekkers and mountaineers heading to Mount Everest."

Courtesy of: