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Wednesday Morning News Roundup

Why is Pat Robertson still on the air? He clearly does not understand global warming secondary to man’s burning of fossil fuels. Just the other day, he said, “keep in mind that Mars, and say, how many SUVs, how many oil refineries are there on Mars? And yet, if the relationship to the sun that is affecting the climate on Mars.” What? I could take a good deal of time explaining why this may be the most uninformed statement that I’ve posted on this blog in many years. Instead, let’s just leave it at that. Pat Robertson does not understand global warming and probably has no desire to actually read any of the science associated with it. With regards to our environment here on planet Earth, we have measured very little change in the sun’s radiation over the last several decades. Therefore, the fact that our planet is warming has nothing to do with solar output. Then again, we knew this. This is yet another smokescreen. The sad part is that Robertson’s statement is deceiving and dishonest. When I think of a man who believes in the Bible and believes in Jesus, I would like to think that that man would go out of his way to be honest, sincere and forthright.

Allen West continues to be… Allen West. His connection to reality seems to be tenuous at best.

New study shows that White jurists are more likely to convict Black defendants.

Exports from the LA port have reached an all-time high. This is good. Somebody is buying our exported goods.

Short sales have surpassed foreclosures.

Pfizer is about to sell their infant nutrition business to Nestlé.

First Solar, US solar equipment maker, is cutting jobs. Most of the jobs will be overseas.

I just want to know why I’m never invited to conferences where people are spending lavishly for no particular good reason. Is it me? Currently there are hearings in the House oversight and Government Reform committee. It appears that the GSA (Government Services Administration) spent over $800,000 on some type of “training” conference. I’m ready – train me. 🙂 Seriously, it really is nice to see that Congress is taking its oversight responsibility seriously. More importantly, I’d like to see the conclusion of their study and investigation and what steps will be taken to ensure that taxpayer dollars aren’t wasted. If this is an investigation which does nothing to change the culture, then it is a waste of time.

Republicans were never serious about deficit reduction.

Sheriff Joe appears to be in some significant hot water – again.

New, Halo game should be out in November. Cool!!!

GM laying off people and closing plants

I’ve been highly critical of our automotive industry for a long time. Over the last two or three years, all we’ve heard from General Motors, Ford Motor Company and Chrysler is whining about health care premiums. “We simply cannot be competitive paying these pensions and premiums.” It would have been nice had any of those companies embraced the American people and their workers…if those companies had tried seriously to invest in a truly new line of automobile. It would’ve been interesting if in 2000 or 2001, General Motors poured everything into hybrid technology. I wonder where we would be today. Unfortunately, they didn’t. The big three made minivans and SUVs.

So after taking $24 billion from us, General Motors will be closing one of their oldest plants. It is just terribly sad.

From AP:

GM’s efforts to hoard cash and outlast a prolonged economic slump claimed the jobs of more than 2,700 workers Monday as the automaker announced the demise of factories in Michigan and Wisconsin.

GM said it would shut down a metal stamping factory in the Grand Rapids suburb of Wyoming by the end of next year, and they are also speeding up the closure of their sport utility vehicle plant in Janesville, Wisconsin, with most of that facility shutting down Dec. 23. (more…)

By |2008-10-14T03:22:35-04:00October 14th, 2008|Economy|Comments Off on GM laying off people and closing plants
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