Monday, February 23, 2009
Friday, February 20, 2009
Gibbs V. Santelli: He Should Read President's Plan (VIDEO)
To Mr. Rick Santelli: Excuse me, but I already subsidize you! Especially you folks with 5, 6 or more children. I have none and yet HALF my property taxes are school taxes that go towards educating your brats. You're happy to take that. Not to mention the bailouts that pay for your bonuses and spa treatments. But you rant about helping those who're in danger of losing their homes or those who have lost their health insurance?
Read the Article at HuffingtonPost
Tuesday, February 17, 2009
Whining over Investment in Economic Recovery
$17 billion for science agencies including:
- $10 billion for NIH (National Institutes of Health) - including $8.5 billion to expand biomedical research and the rest for university infrastructure;
- $1 billion for NASA (National Aeronautics & Space Administration) - nearly half of it for climate-change work;
- $3 billion for NSF (National Institutes of Health) - for basic research;
- $2 billion for DOE (Department of Energy) Office of Science - much of it for research in climate science and biofuels;
- $830 million for NOAA (National Oceanic & Atmospheric Administration);
- $580 million for NIST (National Institutes of Standards & Technology);
- $26.86 billion investment in energy efficiency to kick-start the economy by creating more than half a million jobs and saving hundreds of billion of dollars in wasted energy costs;
- $18.95 billion for green transportation, including public transit and high-speed rail projects, to put more than 300,000 people to work building the transportation solutions we need to cut greenhouse gas pollution;
- $32.80 billion for clean energy projects to reduce global warming pollution and cut down on pollution to rivers, lakes, and coastal waters, making them safe for drinking water, swimming, and fishing.
Tuesday, February 10, 2009
While Rome Burns
"All in all, more than $80 billion was cut from the plan, with the great bulk of those cuts falling on precisely the measures that would do the most to reduce the depth and pain of this slump." - Washington Post
"$1 billion federal investment in chemical sciences research and development gets amplified into a $40 billion boost to the nation's gross national product and can create or maintain 600,000 jobs." - Council for Chemical Research
Sunday, February 08, 2009
The Grasshopper and the Ant
The Ant employs hundreds of software engineers (Indians, Chinese and Americans) to work at his up and coming Silicon Valley company.
The software engineers do very well and buy multi-million dollar homes on credit.
The Ant decides to take his well-earned money and retire, after appointing an American CEO and CFO to manage his company.
The new CEO convinces the shareholders to give him and the CFO more bonuses and perks than the company makes in profit.
The new CFO cooks the books to show that benefits given to him and the CEO are assets, not liabilities.
The CEO buys up other companies that are failing in order to save on taxes.
The CEO lays off all software engineers in order to cut back on expenses.
The CEO hires more sales staff and buys multi-million dollar ads to convince the shareholders that the company is doing great.
The software engineers, unable to pay the mortgages on their homes, lose their homes. When their children fall sick, they can't pay hospital bills because they lost their insurance.
All the software engineers (Indians, Chinese and Americans) emigrate to Bangalore and Shanghai and get good jobs.
The shares of the Silicon Valley company crash on the New York Stock Exchange.
The sales staff are laid off, but steal the computers, the wall paper and the toilet paper before they go home on their last day of work.
The US government calls for an investigation.
The CEO and CFO fly off to a a small island in the West Indies, where they have stashed all their money.
The US government puts the Ant in jail and confiscates his home.
The Ant's children emigrate to Bangalore.
The Ant's children and the software engineers raise a legal defense fund for the Ant.
A high-powered lawyer argues that the Ant is not responsible for his actions because of mental insanity. They point to his working hard in the withering heat all summer building his house when he could simply have bought it on credit. They ask whether these are the actions of a sane individual.
The jury is convinced and find the ant innocent by reason of insanity.
The Ant spends the remaining years of his life at a comfortable resort sanatorium in Colorado, where he skis regularly and writes this book on his life experiences.
Moral of the story: the grass is not always greener on the other side!