Bias at MSNBC (not) addressed at GE Annual Meeting
Apr0
Reports today (Hollywood Reporter) indicated drama at the GE Annual meeting today (April 22, 2009) over bias at MSNBC including having microphones cut off.
As members Obama Administration and Democrat Party are fond of saying, “No crisis should be wasted” and this is a perfect one to not waste. As of close of market today, GE’s market cap is approximately $124.61 billion. 50% of its market value is $62.305 billion. A great time to buy control for 1/5th or so of what it would have cost a few years ago. Don’t waste the crisis!
If 1 in 5 non-Obama voters (about 59 million total votes, so 11.8 million) each went out and switched $6000 of their retirement savings from an S&P 500 mutual fund or other stock into GE, that would be more than 50% ownership of the corporation, even assuming no non-Obama voters already own any shares. Bias could then be eliminated via shareholder vote. GE should be standing up for freedom, not bowing to the advocates of government control.
Take back GE for Freedom!
After the meeting Jeff Immelt said ”My job is to listen” [to shareholder frustrations]. Actually Jeff, your job is to run the company and protect its franchise.
Tea Party Slogans
Apr1
Some of the signs from the tea parties across the United States earlier today:
Spread my Work Ethic, not my wealth!
Change…giving freeloaders some of what YOU have worked hard for!
Help me Obama, They want me to work and stuff!
Cut taxes, not deals
What part of “limited powers” do you not understand?
It’s my birthday, and all Obama got me was more debt!
It’s my birthday, and all Obama got me was more taxes!
Why make a corrupt government even BIGGER?
Why should I pay for your bad decisions?
Party like its 1773
Obamanomics – Trickle up poverty
Term Limits for Congress!
A government that robs Peter to pay Paul can always depend on the support of Paul. George Bernard Shaw
No tax cuts for non-taxpayers!
Cut taxes, NOT more deal$
Freedom Works!
Obama’s “profits to earnings ratio”
Mar0
President Obama referred to stocks being a good buy yesterday because of their “profits to earnings” ratio.
Now usually one uses a price to earnings ratio since in general profits and earnings are usually equal.
“What you’re now seeing is a profit and earnings ratios get to the point that buying stocks is a good thing if you have a long-term perspective on it,” President Obama, after meeting with British Prime Minister Gordon Brown.
One does not have to wonder how this will be picked up by the press – if it were President Bush, it would be the subject of jokes.
Perhaps that is why we have a nearly 20% decline since Inauguration day.
Yahoo Publisher Network (YPN) Problems
Oct0
Biden says higher taxes are patriotic!
Sep0
After noting that wealthier Americans would indeed pay more taxes, Biden said, “It’s time to be patriotic … time to jump in, time to be part of the deal, time to help get America out of the rut.”
Joe, two questions for you:
First, how patriotic have you been in the past 20 years? Have you been paying extra taxes to be patriotic?
AMT, Republicans and Socialist Charles Rangel
Oct0
With all the grousing about the AMT (Alternative Minimum Tax) and the plans to ?¢‚Ǩ?ìdo something?¢‚Ǩ¬ù about it, the following factors must be considered. Charles Rangel, Democratic Chairman of the House Ways and Means Committee?¢‚Ǩ‚Ñ¢s plan is to raise taxes (don?¢‚Ǩ‚Ñ¢t worry, you won?¢‚Ǩ‚Ñ¢t be left out) elsewhere to ?¢‚Ǩ?ìpay for?¢‚Ǩ¬ù reducing the AMT. First, Charles, you don?¢‚Ǩ‚Ñ¢t have to borrow money to ?¢‚Ǩ?ìpay for?¢‚Ǩ¬ù a tax cut. You borrow money to spend. Everything else is just dissembling and an attempt to confuse people. Power-hungry politicians love to use words like that
Sicko Michael Moore and the truth about Cuba
Oct0
Michael Moore, please call your office ?¢‚Ǩ‚Äú or the church. In a stunning move, the very liberal Episcopal Church unintentionally repudiates Michael Moore?¢‚Ǩ‚Ñ¢s manipulative movie Sicko.
As is typical for the Episcopal Church, the Church again injected politics into the pulpit, at least this time, it was something that people could -and should- do to help.
The statement begins: ?¢‚Ǩ?ìImagine waking in the middle of the night with a raging fever and sore throat. Or even worse, your child wakes up feverish and covered in chicken pox. Now, imagine there is no aspirin, Tylenol, or Benadryl in your home because these products are simply not available for purchase in your country. For our brothers and sisters in Cuba, this is everyday life.?¢‚Ǩ¬ù
Buffett says taxes are too low, but doesn’t pay more himself
Oct0
Echoing his comments in June, Warren Buffett is complaining about tax rates as being too low. The relevant question is: has he done anything about it or is he just being a hypocrite, again?
Let?¢‚Ǩ‚Ñ¢s see what Buffett has actually done instead of said: Buffett is giving away is fortune (http://money.cnn.com/2006/06/25/magazines/fortune/charity1.fortune/). Good for him, great choice, it is nice that he has the right and freedom to do as he sees fit with the money he has earned. Too bad Buffett doesn’t think that others should have that same freedom.
What precisely is Buffett doing? He is giving his fortune to tax-exempt foundations. So, if you REALLY want to pay more taxes, Warren, why do this?
Warren Buffett attacks tax rates as being too low?
Jun1
“Mr Buffett said that he was taxed at 17.7 per cent on the $46 million he made last year, without trying to avoid paying higher taxes, while his secretary, who earned $60,000, was taxed at 30 per cent.” (see Times Online article)
Sounds like Warren Buffett has a perfect argument to lower his secretary’s tax rate to 17.7% (or lower). How about that Warren? Of course, that is unlikely to happen since Buffett has made his stance clear – that he wants everyone to pay MORE taxes, not less.
A Race to Liberty, Not a Race to the Bottom
Aug0
The phrase “Race to the Bottom” is a semantic slight of hand used to attempt to color your opinion prior to even looking at the situation over which the phrase is used. The phrase “Race to the bottom” was coined by US Supreme Court Justice Louis Brandeis in the 1933 case, Ligget Co. v. Lee (288 U.S. 517, 558-559). Brandeis didn’t fail to see that competition helps to increase liberty, Brandeis merely believed that this was a bad thing. Coining a phrase like “race to the bottom” is a wonderful technique if you wish to stifle dissent and put other views immediately on the defensive.
In fact, the often disparaged “race to the bottom” is in fact a race to freedom. The “race to the bottom” is a race to give each individual person the liberty