A friend and I often discuss the dismal morass of vapidity education's become in the U.S. And whether it's due to ineptitude of teachers, watering down of curricula to nothingness, or leveling the classrooms to accommodate the lowest denominators doesn't really matter, because the results the same: generation after generation leaves our schools, as the great Green Bay Packer fullback Jimmy Taylor said, "unscathed by education."
To that end, one of my favorite recent topics is how little people know about finance today. And that not only extends to the general public, it applies to those actively engaged in the business. Because, having spent most of my career in that arena, I can certainly see the changes for the worse.
During my financial education, for example, subjects of the most importance included accounting, financial analysis and particularly, a thorough understanding of profits, losses and debt. I can still see and hear in my mind educators railing on about assets, liabilities, net worth's, and management of borrowed funds. And through it all, above all else...the need to absolutely stay out of the "red."
Later on in my business career, which involved lending funds, financial analysts too were quick to avoid businesses in the red, because in accounting terms, red equates to losses. On the other hand, successful operations were in the "black." The color differences existed primarily because financial statements were written in ink, and black meant profit, red meant loss.
Now today, even though most financial accounting is computerized, the terminology hasn't changed and you'd think that folks with any kind of financial acumen would know that "red" means bad. Yet, there's a major insurance company that puts all of its clients under a red umbrella of losses, as I interpret their ads. Then there's a bank that claims to be ranked first or second in the nation, who's name is proudly emblazoned under a red slash. Maybe they've lost so much money, they're proud of being over-achievers in finding new ways to fail.
But the good news for them is, most people don't realize that these financial institutions have reached the pinnacle of boobdom, and even if they did, they really don't care. Because one more illustration of banker's ineptitude doesn't matter a blip.
Yet, financial institutions aren't alone when it comes to ignorance and vapidity. Because here's another one. Sears is reportedly under fire for selling T-shirts depicting images of the Twin Towers with the word "Gotcha" emblazoned on the front of the clothing. They pulled the September 11-related shirts from shelves in Kansas City, Mo., after customer complaints the clothing was disturbing.
A Sears employee said, "Seeing that and what it means is upsetting, very heartbreaking."
As it turns out, Gotcha is a company that made the clothing, printing its brand name on the front of the shirts. But Sears executives claim the word "Gotcha" was never meant to be attached to images of the World Trade Center towers. "We began removing this T-shirt from stores earlier in the week when the image was brought to our attention. We expect to have it removed from all stores as quickly as possible. We apologize for the oversight."
Well, all of that rhetoric's great, but really, how could this situation have gotten this far? Are we to believe that the manufacturer produced however many thousand shirts and never looked at one? Or that when the stuff arrived at the stores, no one realized a thing until customers started complaining? The funny (sad) thing is, that in today's day and age it's possible that it really all was just accidental, and mistakes compounded mistakes.
But, if we start believing that the whole Sears fiasco was just oversight and unintentional, the next thing you know a president could tell us he attended a church for twenty years and never listened to a single sermon. What's worse, lots of folks would believe him.
That's it for today folks.
Adios
Tuesday, September 14, 2010
Monday, September 13, 2010
BloggeRhythms 9/13/2010
An article caught my eye this morning about an Illinois congressman who cold calls constituents seven days a week, year round except for Thanksgiving, Christmas and Easter. He insists he waits until afternoon to call, so not to disturb constituent's mornings.
The reason I had some interest was, I too get occasional calls from politicians. I don't really know what party they're from because I hang right up, but I still form an opinion. And, my opinion's pretty simple to form. Because these clowns who serve almost no purpose at all not only screw the country up all day long from wherever they happen to be at the time, but beyond that, they want to disturb my peace at home to boot.
Now, reading on about this guy, Timothy Johnson, a Republican representing Illinois' 15th district, when he's pestering people, dialing for votes, he says most folks he calls are shocked because they "are not used to government reaching out to them." He also says he's seeing more of a disconnect between elected officials and the people they represent.
But, the fact is, I think this guy's got it upside down. I'll bet that most that he calls have better things to do than listen to some individualized campaign speech and are likely just too polite to tell him to go suck on a sock and leave them alone. Because, if nothing else, elected officials of any kind have proven indelibly that they couldn't care less about what their constituents think, want or need and never will.
However, the topper was a comment from this guy's Democrat opponent. And that's what prompted me to write this entry. Now, get this one. According to David Gill, Johnson's opponent in November, "There is a tremendous workload involved in being a responsible U.S. representative, and I would like to see Mr. Johnson approach some of the other work his job entails with the same zeal with which he approaches these cold calls."
Well, I'm not going to call this guy Gill to ask, but he piqued my curiosity. Because I'd like to know what "work" he was talking about regarding politicians. I know I've heard many words and terms used in regard to those folks, but never that one. And if the condition this country's in right now is resultant of their "work" efforts, we'd all be far, far better off if they were all unemployed.
So, in a way, this guy Johnson's doing us all a service. Because if others followed his example and only did harm to one constituent at a time by phone all day long, the whole rest of the United States might have a chance to recover.
That's it for today folks.
Adios
The reason I had some interest was, I too get occasional calls from politicians. I don't really know what party they're from because I hang right up, but I still form an opinion. And, my opinion's pretty simple to form. Because these clowns who serve almost no purpose at all not only screw the country up all day long from wherever they happen to be at the time, but beyond that, they want to disturb my peace at home to boot.
Now, reading on about this guy, Timothy Johnson, a Republican representing Illinois' 15th district, when he's pestering people, dialing for votes, he says most folks he calls are shocked because they "are not used to government reaching out to them." He also says he's seeing more of a disconnect between elected officials and the people they represent.
But, the fact is, I think this guy's got it upside down. I'll bet that most that he calls have better things to do than listen to some individualized campaign speech and are likely just too polite to tell him to go suck on a sock and leave them alone. Because, if nothing else, elected officials of any kind have proven indelibly that they couldn't care less about what their constituents think, want or need and never will.
However, the topper was a comment from this guy's Democrat opponent. And that's what prompted me to write this entry. Now, get this one. According to David Gill, Johnson's opponent in November, "There is a tremendous workload involved in being a responsible U.S. representative, and I would like to see Mr. Johnson approach some of the other work his job entails with the same zeal with which he approaches these cold calls."
Well, I'm not going to call this guy Gill to ask, but he piqued my curiosity. Because I'd like to know what "work" he was talking about regarding politicians. I know I've heard many words and terms used in regard to those folks, but never that one. And if the condition this country's in right now is resultant of their "work" efforts, we'd all be far, far better off if they were all unemployed.
So, in a way, this guy Johnson's doing us all a service. Because if others followed his example and only did harm to one constituent at a time by phone all day long, the whole rest of the United States might have a chance to recover.
That's it for today folks.
Adios
Sunday, September 12, 2010
BloggeRhythms 9/12/2010
Writing about the twin towers yesterday reminded me of the first time I really "saw" them. Because, growing up in the city and spending all of my life in the area, I certainly knew about them being built, and where they were, but they were simply bigger buildings to me. I paid them no attention at all.
Then in April of 1976 my father-in-law called me one morning to say that he had two invitations to the opening day luncheon at Windows on the World restaurant on the 106th floor of the North Tower. The friend who he'd planned to meet couldn't make it, so he asked me to join him there.
I changed my schedule around, drove downtown and, for the first time saw those buildings close up. They were awesome. After parking in the underground garage, I made my way to the cavernous lobby and walked what seemed hundreds of yards through hallways and lobbies trying to find the right elevators. Through the whole trek, I was surrounded by more marble, brass and glass than I'd thought existed on Earth.
Finally finding the right elevator I stepped into a high-ceilinged cab that held more than a bus-load of people, and we began our ascent. And, let me tell you, 106 stories is a pretty long ride. When we finally reached our destination though, the trip was certainly worth it.
As I said at the outset, I had no real idea of where I was headed when I agreed to go to lunch. After all, I'd lived in and around Manhattan all my life, and by that time, like all born and bred New Yorkers, I thought I was going to another big-name restaurant...so what? A lunch's just a lunch, free or not. And boy, was I ever wrong.
The restaurant itself was huge, 50,000 square feet and it's name said it all, because wherever you looked were magnificent, wide, floor to ceiling windows. From the bar you could see the southern tip of Manhattan and beyond, northern New Jersey off to the right. Below you, right nearby, the Statue of Liberty. Inside the main dining room proper, the views were North and East. Gazing uptown, your sight-line actually angled down while viewing the Empire State Building. That alone is pretty amazing.
Yet, despite the huge size of the place overall, the magnificent decor and the overwhelming outside sights, a quite surprising thing to me was that somehow or other the table placements afforded real privacy. It wasn't as if a great number of folks were crowded into a sightseeing bus, oohing and aahing out the windows. It was instead, well-spaced tables, separated from others that happened to be surrounded by some of the most incredible views on the planet. And, since the floors were cleverly stepped, no matter where you sat there was an unobstructed view from your table.
As for the food and menu, I thought they rated with most fine city restaurants. But, as I learned long ago, food, its preparation and taste are very personal things. So what seems good to me doesn't matter at all to others, and thus, I know I liked it, but can't speak for anyone else and don't plan to try.
After its auspicious opening, the restaurant went on to become one of the most popular in the country. It closed for three years, after the 1993 World Trade Center bombing, underwent a $25 million renovation and reopened in 1996. 2000 was its final full year of operation, reporting revenues of $37 million, making it the highest-grossing restaurant in the United States.
The reason writing this memory today was important to me is that the twin towers were institutions, wherein housing one of the world's best restaurants was just one symbol of the achievement and success they represented. And if some semi-literate dirt bags can simply hijack some aircraft in trying to undo the greatest country on earth, then something's got to be done to stop that. So, if we go out and blow the whole middle-east off the map, I'm not going to complain...because, I really loved that restaurant and all that it stood for.
That's it for today folks.
Adios
Then in April of 1976 my father-in-law called me one morning to say that he had two invitations to the opening day luncheon at Windows on the World restaurant on the 106th floor of the North Tower. The friend who he'd planned to meet couldn't make it, so he asked me to join him there.
I changed my schedule around, drove downtown and, for the first time saw those buildings close up. They were awesome. After parking in the underground garage, I made my way to the cavernous lobby and walked what seemed hundreds of yards through hallways and lobbies trying to find the right elevators. Through the whole trek, I was surrounded by more marble, brass and glass than I'd thought existed on Earth.
Finally finding the right elevator I stepped into a high-ceilinged cab that held more than a bus-load of people, and we began our ascent. And, let me tell you, 106 stories is a pretty long ride. When we finally reached our destination though, the trip was certainly worth it.
As I said at the outset, I had no real idea of where I was headed when I agreed to go to lunch. After all, I'd lived in and around Manhattan all my life, and by that time, like all born and bred New Yorkers, I thought I was going to another big-name restaurant...so what? A lunch's just a lunch, free or not. And boy, was I ever wrong.
The restaurant itself was huge, 50,000 square feet and it's name said it all, because wherever you looked were magnificent, wide, floor to ceiling windows. From the bar you could see the southern tip of Manhattan and beyond, northern New Jersey off to the right. Below you, right nearby, the Statue of Liberty. Inside the main dining room proper, the views were North and East. Gazing uptown, your sight-line actually angled down while viewing the Empire State Building. That alone is pretty amazing.
Yet, despite the huge size of the place overall, the magnificent decor and the overwhelming outside sights, a quite surprising thing to me was that somehow or other the table placements afforded real privacy. It wasn't as if a great number of folks were crowded into a sightseeing bus, oohing and aahing out the windows. It was instead, well-spaced tables, separated from others that happened to be surrounded by some of the most incredible views on the planet. And, since the floors were cleverly stepped, no matter where you sat there was an unobstructed view from your table.
As for the food and menu, I thought they rated with most fine city restaurants. But, as I learned long ago, food, its preparation and taste are very personal things. So what seems good to me doesn't matter at all to others, and thus, I know I liked it, but can't speak for anyone else and don't plan to try.
After its auspicious opening, the restaurant went on to become one of the most popular in the country. It closed for three years, after the 1993 World Trade Center bombing, underwent a $25 million renovation and reopened in 1996. 2000 was its final full year of operation, reporting revenues of $37 million, making it the highest-grossing restaurant in the United States.
The reason writing this memory today was important to me is that the twin towers were institutions, wherein housing one of the world's best restaurants was just one symbol of the achievement and success they represented. And if some semi-literate dirt bags can simply hijack some aircraft in trying to undo the greatest country on earth, then something's got to be done to stop that. So, if we go out and blow the whole middle-east off the map, I'm not going to complain...because, I really loved that restaurant and all that it stood for.
That's it for today folks.
Adios
Saturday, September 11, 2010
BloggeRhythms 9/11/2010
Very sad, mournful morning, watching clip after clip from 2001 as the twin tower buildings slowly burned, then disintegrated before the nation's eyes.
And there's a very strong message in re-living those horrifying, heart rending hours as our country was attacked. Because even the most cynical, pacifistic, and anti-war zealots can't deny the events. Proof positive was delivered that day that the U.S. is hated by countless numbers, and remains the target of extremist malevolence who'll keep striking, every chance they get.
Yet, when all was said and done in the aftermath, too good a job might have been done in the recovery. Because, today, nine years later much of our citizenry nationwide needs a reminder that the attacks even took place. Aside from the hubbub in Manhattan over the Imam's extortion plan to fleece whoever he can out of millions of bucks via his bogus Mosque, little's heard about terrorists at all.
Nonetheless, I can still remember Mayor Giuliani in his command post, working twenty-four hours a day trying to restore calm to a panicked populace, who for the first time in the country's history had been threatened inside its own shores. Then there was the president, "W," standing solemnly at a microphone vowing to seek and destroy any and all who tried to harm us.
In the aftermath, the country indeed buckled up and went to work to insure no such event would ever occur here again. And, though folks complain loudly every day as they inch through scanners in buildings, ballparks, theaters and such, and before boarding airplanes, the good news is...every threatened attempt to date since 9/11 has been thwarted in the bud.
While the examples of what's been done here security-wise since 9/11 could be listed for pages, the important thing is remembering the day and attacks themselves. Because, at times it seems we've become so spoiled by the great security job that's been done to date, that we act as if the disaster never happened. And the tragic mistake about that is, the moment we truly forget, God forbid, is the day it will happen again.
That's it for today folks.
Adios
And there's a very strong message in re-living those horrifying, heart rending hours as our country was attacked. Because even the most cynical, pacifistic, and anti-war zealots can't deny the events. Proof positive was delivered that day that the U.S. is hated by countless numbers, and remains the target of extremist malevolence who'll keep striking, every chance they get.
Yet, when all was said and done in the aftermath, too good a job might have been done in the recovery. Because, today, nine years later much of our citizenry nationwide needs a reminder that the attacks even took place. Aside from the hubbub in Manhattan over the Imam's extortion plan to fleece whoever he can out of millions of bucks via his bogus Mosque, little's heard about terrorists at all.
Nonetheless, I can still remember Mayor Giuliani in his command post, working twenty-four hours a day trying to restore calm to a panicked populace, who for the first time in the country's history had been threatened inside its own shores. Then there was the president, "W," standing solemnly at a microphone vowing to seek and destroy any and all who tried to harm us.
In the aftermath, the country indeed buckled up and went to work to insure no such event would ever occur here again. And, though folks complain loudly every day as they inch through scanners in buildings, ballparks, theaters and such, and before boarding airplanes, the good news is...every threatened attempt to date since 9/11 has been thwarted in the bud.
While the examples of what's been done here security-wise since 9/11 could be listed for pages, the important thing is remembering the day and attacks themselves. Because, at times it seems we've become so spoiled by the great security job that's been done to date, that we act as if the disaster never happened. And the tragic mistake about that is, the moment we truly forget, God forbid, is the day it will happen again.
That's it for today folks.
Adios
Friday, September 10, 2010
BloggeRhythms 9/10/2010
It seems I keep typing about the same premise fairly often regarding politicians. Because, since they don’t come up with anything new, I keep rehashing the same old, same old. And, yesterday was no exception.
In remarks about something, somewhere, yesterday the president chastised Republicans, saying that they never come up with new ideas, and simply criticize all that’s been done by Democrats to try to stem the fiscal bleeding that’s strangling the country.
Now, let’s think about that for a moment.
What he’s basically saying is that he concedes that the country’s two-thirds down the chute financially, and that he’s pushing for another stimulus package, but since the Republican’s are trying their best to prevent the bill’s passage he thinks they’re simply obstructionist and don’t want to see progress.
Well, as I mentioned in yesterday’s entry, since the Dem’s have had control of the administration and Congress, they’ve run up almost $14 trillion in new debt and haven’t budged the economy upward an inch. Aside from that, additional information’s been published regarding the new health care bill, citing that for most middle-income young folks their medical costs will increase significantly.
The increase stems from the fact that particular medical tests are required, such as scans and diagnostics which will be done at pre-established rates with no competition. So, this is a double-whammy, because most folks in that age range wouldn’t have these tests done at all, because the instances of illness is quite low…and then, they have no alternative place to shop for the service. Therefore, many “experts” now say that although it’s likely health care quality will diminish under the new law, coverage and treatment costs will absolutely go up.
And that brings me back to the current situation. Because Republican’s have indeed been offering comments and making attempts to help turn the economy around and have voted consistently against every Democrat plan to date, because those are key factors taking the country financially down the tubes. Billions of dollars are being thrown away with no rhyme or reason and now, the president wants to waste anther $50 billion or so to boot.
You almost have to hope that there’s some hidden Democrat agenda here that the public simply doesn’t understand. Because, if there isn’t, and these folks are really as dumb as they’ve led us to believe, this country isn’t just in trouble leadership-wise, it’s over altogether.
That’s it for today folks
Adios
In remarks about something, somewhere, yesterday the president chastised Republicans, saying that they never come up with new ideas, and simply criticize all that’s been done by Democrats to try to stem the fiscal bleeding that’s strangling the country.
Now, let’s think about that for a moment.
What he’s basically saying is that he concedes that the country’s two-thirds down the chute financially, and that he’s pushing for another stimulus package, but since the Republican’s are trying their best to prevent the bill’s passage he thinks they’re simply obstructionist and don’t want to see progress.
Well, as I mentioned in yesterday’s entry, since the Dem’s have had control of the administration and Congress, they’ve run up almost $14 trillion in new debt and haven’t budged the economy upward an inch. Aside from that, additional information’s been published regarding the new health care bill, citing that for most middle-income young folks their medical costs will increase significantly.
The increase stems from the fact that particular medical tests are required, such as scans and diagnostics which will be done at pre-established rates with no competition. So, this is a double-whammy, because most folks in that age range wouldn’t have these tests done at all, because the instances of illness is quite low…and then, they have no alternative place to shop for the service. Therefore, many “experts” now say that although it’s likely health care quality will diminish under the new law, coverage and treatment costs will absolutely go up.
And that brings me back to the current situation. Because Republican’s have indeed been offering comments and making attempts to help turn the economy around and have voted consistently against every Democrat plan to date, because those are key factors taking the country financially down the tubes. Billions of dollars are being thrown away with no rhyme or reason and now, the president wants to waste anther $50 billion or so to boot.
You almost have to hope that there’s some hidden Democrat agenda here that the public simply doesn’t understand. Because, if there isn’t, and these folks are really as dumb as they’ve led us to believe, this country isn’t just in trouble leadership-wise, it’s over altogether.
That’s it for today folks
Adios
Thursday, September 9, 2010
BloggeRhythms 9/9/2010
TNBNT for a change.
But, there was a small blurb in the news this AM saying that, "The group planning to build a 13-story Islamic center and mosque near Ground Zero appears plagued by divisions, and one major investor says he'll sell some or all of the site if the price is right."
Aside from that, the Imam who's been steadfast, that the project will not be stopped or relocated now says that if he'd known how much of an uproar the building would cause, he wouldn't have picked that site. So, I guess that's a half-step toward backing away, which I think, one way or another will happen.
Because, as I've written in entries before, I think this is a case where the fundamental rule in All the President's Men has applied from the start...follow the money. And, the longer this issue takes to resolve, the higher the ante will get, and then when the pot's big enough, the builders will all sell out and go home.
But in the end it was actually Roberto Duran the boxer who foresaw all this coming back in his championship fight with Sugar Ray Leonard in 1980. Way back then, he threw in the towel, crying "No Mosque, No Mosque." At least, that's what I think he said, but it could have been, "No mas, No mas."
Then in another news item, according to The World Economic Forum's Global Competitiveness report the U.S. economy ranks 4th in the world, after Switzerland, Sweden and Singapore. The major reasons for our fall from first place are lack of political leadership and more than $13 trillion in debt. The Forum's feeling is that the U.S. can't afford its unbridled spending, won't be able to defend itself militarily if attacked, and is under incompetent leadership. So, it sounds to me like the Forum's been reading my blogs.
That's it for today folks.
Adios
But, there was a small blurb in the news this AM saying that, "The group planning to build a 13-story Islamic center and mosque near Ground Zero appears plagued by divisions, and one major investor says he'll sell some or all of the site if the price is right."
Aside from that, the Imam who's been steadfast, that the project will not be stopped or relocated now says that if he'd known how much of an uproar the building would cause, he wouldn't have picked that site. So, I guess that's a half-step toward backing away, which I think, one way or another will happen.
Because, as I've written in entries before, I think this is a case where the fundamental rule in All the President's Men has applied from the start...follow the money. And, the longer this issue takes to resolve, the higher the ante will get, and then when the pot's big enough, the builders will all sell out and go home.
But in the end it was actually Roberto Duran the boxer who foresaw all this coming back in his championship fight with Sugar Ray Leonard in 1980. Way back then, he threw in the towel, crying "No Mosque, No Mosque." At least, that's what I think he said, but it could have been, "No mas, No mas."
Then in another news item, according to The World Economic Forum's Global Competitiveness report the U.S. economy ranks 4th in the world, after Switzerland, Sweden and Singapore. The major reasons for our fall from first place are lack of political leadership and more than $13 trillion in debt. The Forum's feeling is that the U.S. can't afford its unbridled spending, won't be able to defend itself militarily if attacked, and is under incompetent leadership. So, it sounds to me like the Forum's been reading my blogs.
That's it for today folks.
Adios
Wednesday, September 8, 2010
BloggeRhythms 9/8/2010
TNBNT, but as I was looking for interesting items, and finding none, I happened to see a clip of the president's ride for a trip to Ohio to push for his new stimulus plan.
And, what struck me was, that like like they say, in most situations it's the "little things" that count. Because, as I noted yesterday, the deficit's now almost 14 trillion (that's with a "t" not a "b") dollars. And it's rising rapidly every day, with no real hope for recovery in sight. Yet, our leader's on his way to make a speech in a helicopter that looks like it can carry about forty people, likely cost the taxpayers a few million to buy and probably burns fifty gallons of high octane fuel just to get off the ground.
So, why not just sit in his office and babble the same exact words he's going to waste in Ohio, from behind his desk? The cameras and crew are already there in the White House, and have nothing else to do, so why not save some taxpayer bucks?
Or, perhaps, I'm missing the "big" picture economically speaking. After all, there will be limousines on arrival, drivers, military and police personnel, escort vehicles, motorcycles, maybe even aerial surveillance of the venue. And so, I guess, there will be lot's of payroll too.
As I sit here and type, and re-read my own words I think I'm beginning to see how this whole economic thing really works. The presidents actually trickling funds and jobs down to a distressed few who certainly need economic help, and when the couple of million in taxpayer funds, covering the cost of the trip, are added to the $14,000,000,000,000 in national debt already owed it's hardly a blip.
And I guess the approach the presidents taking, spending blindly and piling debt upon debt, is something he learned from watching big businesses operate when they were in financial trouble. As I recall there were quite a few to learn from, Pacific Gas & Electric, Enron, Global Crossing, Adelphia Communications, WorldCom, Tyco Int'l., US Airways, Conesco, Trump Entertainment Resorts, Delta Airlines, Northeast Airlines, Delphi, Refco, Indy Mac Bancorp, SEM Group, Lehman Brothers, Washington Mutual, Tribune Group, General Growth Properties, Chrysler and GM, all of them bankrupt. The only difference in their failures was, they didn't have their hands directly inside the American taxpayers pockets to bail themselves out.
That's it for today folks.
Adios.
And, what struck me was, that like like they say, in most situations it's the "little things" that count. Because, as I noted yesterday, the deficit's now almost 14 trillion (that's with a "t" not a "b") dollars. And it's rising rapidly every day, with no real hope for recovery in sight. Yet, our leader's on his way to make a speech in a helicopter that looks like it can carry about forty people, likely cost the taxpayers a few million to buy and probably burns fifty gallons of high octane fuel just to get off the ground.
So, why not just sit in his office and babble the same exact words he's going to waste in Ohio, from behind his desk? The cameras and crew are already there in the White House, and have nothing else to do, so why not save some taxpayer bucks?
Or, perhaps, I'm missing the "big" picture economically speaking. After all, there will be limousines on arrival, drivers, military and police personnel, escort vehicles, motorcycles, maybe even aerial surveillance of the venue. And so, I guess, there will be lot's of payroll too.
As I sit here and type, and re-read my own words I think I'm beginning to see how this whole economic thing really works. The presidents actually trickling funds and jobs down to a distressed few who certainly need economic help, and when the couple of million in taxpayer funds, covering the cost of the trip, are added to the $14,000,000,000,000 in national debt already owed it's hardly a blip.
And I guess the approach the presidents taking, spending blindly and piling debt upon debt, is something he learned from watching big businesses operate when they were in financial trouble. As I recall there were quite a few to learn from, Pacific Gas & Electric, Enron, Global Crossing, Adelphia Communications, WorldCom, Tyco Int'l., US Airways, Conesco, Trump Entertainment Resorts, Delta Airlines, Northeast Airlines, Delphi, Refco, Indy Mac Bancorp, SEM Group, Lehman Brothers, Washington Mutual, Tribune Group, General Growth Properties, Chrysler and GM, all of them bankrupt. The only difference in their failures was, they didn't have their hands directly inside the American taxpayers pockets to bail themselves out.
That's it for today folks.
Adios.
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