...so I'll just post a bunch of links to news I read today. There was a bunch of stuff to read. I know some of you may have seen this already, b/c it's mostly from RawStory, but, my bad.
The Fed approves Chinese bank CCB to open office in US--- one of the comments at the end of that article was something like "here come our overlords," and what's funny is that I had read an article earlier today about wealthy Chinese coming to the US to purchase high end homes that have dropped in price due to the housing scheme. They have always done trips to the US and purchased real estate, but the incidence has gone up significantly. Right now, trips are being organized by groups of wealthy Chinese as often as every two weeks. These developments are rather... intriguing.
Watchdogs demand bailout transparency--- We should write letters like this to congress and to our other reps. Maybe Patrick or Andrew M would know more about this. I am less educated on our governmental system than some of you folks might be, fo sho.
Illinois Governor suspends business with BofA--- Now state gov't is getting on the bailout bonanza, forcing BofA to do business with, or give loans to, a unionized company. This is getting interesting
Blackwater guards in Iraq launch grenade into girls school, killing several, and are now charged with manslaughter--- Now this is nuts, in what circumstances would it seem prudent to launch a GRENADE into a GIRL'S SCHOOL? Is anyone else afraid that there were actually no "bad guys" near the building? These guys are a bunch of trigger happy, racist assholes getting paid to smoke some Ay-rabs. More not-cool stuff from Blackwater. Shower electrocutions from faulty wiring in barracks, countless noncombatant kills. These maniacs need to either go home, and a lot of them to prison, or face the fate of these clowns. (That is the kind of random article for which I love Harper's magazine)
What? The? Fuck? GM apologizes for "disappointing," "betraying" us then goes on to explain that this is because of "lackluster design" and that jobs are at risk. Wow. I think we need to remember that if GM closes, these semi-skilled workers that used to construct GM's car will be highly sought after in the inception of the new and improved auto manufacturing industry in our country. This is what we call the free market. It doesn't seem like anyone knows what that really means anymore. Boo Hoo, and this from one of the auto execs that just a week ago said he'd be willing to take a buck a year as salary.
Thanks, a lot Rick. It's interesting when you use your FUCKING BRAIN and discover that this guy makes only just more than 10% of his money through simple salary. The other $13 million dollars a year he takes in through stock awards, option awards, increases in pension value, and all other compensation.
Ford CEO Alan Mulally, of company number 2 of the big three, is also oh so humbly offering his services as Chaotic Economy Orchestrator for only a dollar. He, however, makes off even better that Wagoner of GM. Last year, Mulally raked in a cool $39.1 million in compensation in '07.
You can't get a hold of Chrysler's CEO compensation numbers because the company is privately held. However, I think you can assume with a level of certainty that his compensation is similar to our other two generous friends.
It really does piss me off when these arrogant punks treat me like I'm stupid. I'm not stupid, fellas. The media is saying we'll have an answer about this whole auto bailout thing soon, so I guess we'll see.
The Fed approves Chinese bank CCB to open office in US--- one of the comments at the end of that article was something like "here come our overlords," and what's funny is that I had read an article earlier today about wealthy Chinese coming to the US to purchase high end homes that have dropped in price due to the housing scheme. They have always done trips to the US and purchased real estate, but the incidence has gone up significantly. Right now, trips are being organized by groups of wealthy Chinese as often as every two weeks. These developments are rather... intriguing.
Watchdogs demand bailout transparency--- We should write letters like this to congress and to our other reps. Maybe Patrick or Andrew M would know more about this. I am less educated on our governmental system than some of you folks might be, fo sho.
Illinois Governor suspends business with BofA--- Now state gov't is getting on the bailout bonanza, forcing BofA to do business with, or give loans to, a unionized company. This is getting interesting
Blackwater guards in Iraq launch grenade into girls school, killing several, and are now charged with manslaughter--- Now this is nuts, in what circumstances would it seem prudent to launch a GRENADE into a GIRL'S SCHOOL? Is anyone else afraid that there were actually no "bad guys" near the building? These guys are a bunch of trigger happy, racist assholes getting paid to smoke some Ay-rabs. More not-cool stuff from Blackwater. Shower electrocutions from faulty wiring in barracks, countless noncombatant kills. These maniacs need to either go home, and a lot of them to prison, or face the fate of these clowns. (That is the kind of random article for which I love Harper's magazine)
What? The? Fuck? GM apologizes for "disappointing," "betraying" us then goes on to explain that this is because of "lackluster design" and that jobs are at risk. Wow. I think we need to remember that if GM closes, these semi-skilled workers that used to construct GM's car will be highly sought after in the inception of the new and improved auto manufacturing industry in our country. This is what we call the free market. It doesn't seem like anyone knows what that really means anymore. Boo Hoo, and this from one of the auto execs that just a week ago said he'd be willing to take a buck a year as salary.
Thanks, a lot Rick. It's interesting when you use your FUCKING BRAIN and discover that this guy makes only just more than 10% of his money through simple salary. The other $13 million dollars a year he takes in through stock awards, option awards, increases in pension value, and all other compensation.
Ford CEO Alan Mulally, of company number 2 of the big three, is also oh so humbly offering his services as Chaotic Economy Orchestrator for only a dollar. He, however, makes off even better that Wagoner of GM. Last year, Mulally raked in a cool $39.1 million in compensation in '07.
You can't get a hold of Chrysler's CEO compensation numbers because the company is privately held. However, I think you can assume with a level of certainty that his compensation is similar to our other two generous friends.
It really does piss me off when these arrogant punks treat me like I'm stupid. I'm not stupid, fellas. The media is saying we'll have an answer about this whole auto bailout thing soon, so I guess we'll see.
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