crossing the line........

it breaks my heart to see people disgracing our country by comparing our president to Hitler. people have gone to far in this public debate over healthcare reform. Their has to be a line which we do not cross. So many of our veterans have fought and died to defend this country, so many of our citizens have been touched by the terror of a dictator. In this public debate we have to remember that the freedom which we enjoy comes with responsability too. We are free to express our opinions and contribute to the debate to make our country a better place to live, and it is this debate which makes us stronger, but we are to respect one anothers ethnicity, social status and individuality. The anti-senatism in our society has gotten out of control as the disrespect for one another. Its time that we come together as a society and had civil debates about how we can make this country a better place to be.

IOU!

Well the big news today is that Wells Fargo and two other major banks are no longer going to cash the state of California's IOU's! Now what do they know that all the credit unions in the state who are still cashing the IOU's don't know? SEC states that the IOU's are like securities and are treating them as such. Why? Because some smart people are trying to buy up these securities offering holders 70-95 cents on the dollar for exchange! And I bet they get some takers. I think alot about that every time I look at a dollar....know what it is.....Federal Reserve...Note......IOU! Backed by the US government.......bet alot of people in China, Japan, and Saudi Arabia.........hope their IOU's......keep holding up in this troubled economy. Makes you think back to when in our society we used gold coin and silver certificates for trade. Wish I had some of that gold now........its worth more than these notes we are all caring around.

Battling for the Giant!

According to the Wal Street Journal Germany, China and Russia are all battling for stock in General Motors. European stock in Opel and Vauxhall that is and the labor unions love it. GM America keeps major stock control but guess what the German government is backing the deal. Why am I talking about this, GM is building a SUV plant in Russia they have every interest in seeing the success of the giant, German labor unions see an opportunity for jobs to remain in their country so they are backing the deal, and finally China sees opportunity to get a piece of the Giant which will give them more control of the automotive industry. Why is this so important too us, as my dad use to say it isn't what you see that should worry you but what you do not see! GM comes out of bankruptcy with sweet deals, all this new influx of revenue from foreign investors, reduced labor cost abroad, but the beauty elimination of divisions in America, elimination of skyrocketing pension plans, debt, health care cost and a new beginning. What do we get out of the deal, paying for their bankruptcy, losing our jobs, our security and our trust. The American blue collar worker made GM the giant. Who loses in this deal, the little guy, the tax payers, the blue collars. Made in America, America bought out! Foreign countries own so much of our national debt, our major companies, no wonder our jobs are going oversees and our livelihoods down the drain, who will GM sale out later on to keep these major players comfortable with their market shares. Wake up America........

California IOU!

Well if the federal government can do it why can't California! What happened to the law requiring states to have a balanced budget? Other than a federal reserve note I wonder what California is issuing their citizens. Can they buy bread and milk with these IOU's, do they collect interest, will the electric company take them so they will not turn of their lights? We have started down a slippery slope here, who pays?! Where California goes so follows the nation!