Half a Rant and Half Silly Questions
It is only Tuesday and I am ranting.
Why is it every lame duck president seems to bury his head in the sand and lose track of reality?
Bush Says the Economy Is Holding Up Well
President Bush on Thursday cited "some unsettling times" in the U.S. housing and credit markets as he sought to assure jittery Americans that the economy is holding up well despite worries about a recession. "I say that the fundamentals of our nation's economy are strong," Bush told a White House news conference.
Inflation is down, markets are steady, unemployment is relatively low, exports are up and corporate profits seem to be healthy, Bush told reporters.
"There is no question that there is some unsettling times in the housing market and credits associated with the housing market," the president said. But he said he didn't see that spreading to the broader economy.
How is it no one knows how to use my domino method?
The domino method simply means you stack dominos on end in rows and when they are all stacked you push on the starting domino and you follow each one as it touches the next one. As you will see from that, the first domino technically touches all the dominos.
To say he didn't see the effects of the housing and credit markets spreading to the broader economy means he did not follow the domino theory.
He doesn't understand this affects our whole economy because he doesn't follow who (each domino) is touched by this.
This affects a huge market not just houses and lenders. It goes clear down to restaurants, automobiles, and retail stores among others.
Words like 'unemployment is relatively low' and 'corporate profits seem to be healthy' worry me.
What is considered relatively low unemployment?
What corporations is he looking at when he says profits seem to be healthy.
Are those American corporations? Are they oil-related corporations?
Take a look around at the workers you know and ask how the U.S. housing and credit markets have affected their jobs.
I guess since I'm not college educated, I really don't know what the definition of the fundamentals of our nation's economy is.
Speaking of jobs:
Is it better to have a job that already pays well or not have a job that pays more?
73,000 workers walk in nationwide GM strike
Since the start of 2005, GM has taken a hit in its core North American auto unit, which posted nearly $13 billion in net losses in 2005 and 2006 combined. Losses continued in the first quarter of 2007 before the unit posted a narrow profit in the second quarter, but it was likely to report continued losses this year even without the costs associated with a strike.
For his part, union boss Gettelfinger did not dismiss the notion that GM was in trouble. But he said there is only so much the union can do to stem losses at GM facilities.
So the union admits the company is in a lot of trouble but they have no responsibility to help that company from closing. Now there is a bright leader if I ever heard one.
The new American thinking, 'I'm not responsible,' 'it's not my fault,' and 'why should I help you!!!'
So much for made in America!
Can you spell Japanese cars?
Speaking of cars:
Who comes up with names of cars and what in the world are they thinking when they do?
1. AMC Gremlin
"a tiny imaginary mischievous creature that is blamed for faults in tools, machinery, and electronic equipment." Do you really want anything to do with gremlins when you are driving down a steep and slippery road?
2. Ford Probe
Probably the manufacturers meant probe as in space probe. However, we can't rule out another definition: "surgical instrument for exploring."
3. Chevy Cavalier
"showing an arrogant or jaunty disregard or lack of respect for something or somebody," or a "gallant or chivalrous gentleman, especially one escorting a lady." Which do you think they were going for?
4. Plymouth Reliant
"depending on or needing somebody or something." Wouldn't you like to be able to rely on your car, rather than have it rely on you?
5. Oldsmobile Cutlass
"a short thrusting sword with a flat and slightly curved blade used in the past, especially by sailors." This might be a better name for a boat.
6. Volkswagen Golf
"an outdoor game in which an array of specially designed clubs with long shafts are used to hit a small ball from a prescribed starting point into a hole." What if you prefer tennis or soccer? Can you still drive this car?
7. Toyota Corolla
"the petals of a flower collectively, forming a ring around the reproductive organs and surrounded by an outer ring of sepals." Well, at least the literal Latin translation of corolla is "little crown."
8. Chevy Suburban
"relating to, belonging to, or located in a suburb." Why is there no "Urban" or "Rural?"
9. Mitsubishi Mirage
"something that is unreal or merely imagined." This suggests the car may not be as good as it seems.
10. Subaru Brat
"demanding and selfish person: somebody, either a child or an adult, who is regarded as tiresomely demanding and selfish, like a spoiled child." So, it's not surprising that Subaru has discontinued that model.
French Mime Marcel Marceau Dies
In closing I will ask you my burning question for the day:
At a Mime's funeral,in honor of the late Mime, do they observe a moment of speaking?
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