Jobs
Get a job…ANY job!
Get a job…ANY job! Don’t wait for a job in your college degree set.
That’s the advice being given to current college graduates. With the current job market already tight and with new grads competing for choice jobs against folks with already established career experience, new college graduates are being told to face reality and get a job so that they can support themselves and not to wait for that dream job to come available. At least, not right now.
GM CEO Predicts Bankruptcy
In a letter to shareholders General Motors’ Chairman and CEO Porter Stansberry says he sees light at the end of the tunnel but it is a GM bankruptcy and that a company cannot suffer 40 years of bad decisions, bad ideas, and bad debts and expect to compete with the rest of the world’s automakers.
He says, “what’s killing us is a legacy of debts and obligations we cannot possibly repay.” Stansberry says, “nor do we have any pleasant way to repudiate our promises. The only answer is bankruptcy.” He likens it to promises made under Social Security saying, “we cannot make enough money selling cars to afford the service on our $33 billion debt load, ” and “or the $11 billion we owe in cash pensions. These debts are killing us.” He thinks, “we’ve finally entered the end stage – the death spiral.”
“Given our current burn rate, I estimate we will declare bankruptcy in a little more than three quarters, “he predicted.
Toyota pays workers $43 an hour to make cars in the U. S. but the United Auto Workers demand $67 an hour from GM, Ford and Chrysler. Plus, they make cars that consumers judge to be inferior. Turn out the lights the party is over in Detroit, and Dearborn.
Dizzy’s Ten Post Round-Up
Ah, Monday! It’s like the weekend never happened. Rest assured, today’s Ten Post Round-Up will shake those weekend cobwebs from your brow:
1: A few things the MSM neglected to report on…
Unearthed: News of the Week the Mainstream Media Forgot to Report–The Huffington Post
2: As the cost of food soars, so do the lines at local food banks…
3: Just for kicks: Join the Million Blog List…
Welcome to Million Blog List - A blogosphere experiment–Million Blog List
4: Just who will benefit most from those “rebate checks”?…
$100+ BILLION giveaway to the oil, credit card and retail industries–My Three Cents
5: Americans are coming up with creative ways to save a few bucks…
Dizzy’s Ten Post Round-Up
Yes, today’s Ten Post Round-Up is as cold as the Colorado mountains:
1: thepoetryman has something to say about the FLDS Church…
2: More “supporting the troops” by the Bush Administration…
3: A case where “what happens in Vegas…” won’t be staying in Vegas…
4: You thought your health care plan was expensive before, wait until you get sick with a serious illness…
5: Not able to find enough diplomats to volunteer for duty in Iraq, the State Dept. will now start drafting them to go…
State Department warns diplomats of compulsory Iraq duty–Minstrel Boy
6: Another school kid calls out the big dogs on their errors…
German schoolboy, 13, corrects NASA’s asteroid figures: paper–PHYSORG.com
7: Japan has joined in the war against fat people….
8: McCain wants to suspend the gas tax for the summer…
9: There’s a problem with your cereal and it’s ten years old…
Marler Clark Sees Pattern in Malt-O-Meal Salmonella Outbreaks–Signs of the Times
10: This is so typical of our politicians, these days, it comes as no surprise that they would start off with a bill to help homeowners and end up giving the bulk of the “help” to big business, instead…
277 días hasta el final de un error…
Peace.
Dizzy’s Ten Post Round-Up
Try dancing around today’s Ten Post Round-Up:
1: If sisters are doing it for themselves, how come movies and television are not representing them properly?…
2: Things not so comfy cozy on the housing front between GWB and the GOP?…
Bush throws GOP Senators under the bus on the bi-partisan housing bill–AMERICAblog
3: Those rebate checks might not arrive in time to do the economy any good, but at least the average Jane and Joe can maybe pay off one more bill before finally hitting the skids…
It’s official now: George W. Bush is today’s Herbert Hoover–Brilliant at Breakfast
4: Milestones and reminders on the road to victory in Iraq: Are we there yet?…
5: They’re gonna git cha, so ya better pay up!…
6: They have all this money, yet, they are still relying on the US for financial help? Excuse me while I beat up my desk with my forehead…
7: Just one more thing for the cash-strapped working poor to worry about: Fraudulent rental agreements that leave them out on the streets (after handing their first and last plus security to a complete stranger who disappears into the night)…
8: In a “real” free-market system, this makes perfect sense. Everyone is going broke, you gotta be able to make money where you can and if the whole world suddenly is starving, the last thing a hungry fisherman is going to be concerned with is the purple-bellied flying carp and whether or not it’s extinct…
9: I miss the old “Dr.” Phil: “You shouldn’t shush a nation when a president decides he’s gonna go to war. If we ever need the First Amendment, we need it then”….
Phil Donohue Stands Up For Free Speech In A Time Of War–News Hounds
10: I’ve said it before, being a friend of GWB and company means never having to say you’re sorry…
Oh, I definitely need more coffee!
CHINA CONTRADICTIONS
Inflationary pressures fueled by rapidly rising consumer prices and a global economic downturn triggered by the U.S. subprime crisis are presenting China with its “most difficult fiscal challenge ever” China’s Premier Wen Jiabao said following the initial session of the country’s National People’s Congress.
He said he is worried by the fall of the dollar; kind of monetary policy will the U.S. take and, what direction will its economy take?” Privately the Chinese and many other world trading partners are worried about a major corruption of U. S. trade as a result of the November elections — some of the isolationist talk is very disturbing to many.
China has purchased advanced anti-ship cruise missiles (SS-27) from Russia, posing a major threat to U.S. aircraft carriers and other warships, the commander of U.S. forces in the Pacific said last week. It can be fired from submarines and surface ships. It is a very sophisticated piece of hardware and we are currently not as capable of defending against that missile as I would like,” Pacific Commander Admiral Tim Keating said.
China is the ‘largest provider of small arms to Sudan’ and is responsible for worsening the violence in the tragic Darfur region, a U.S.-based rights group charges.
At the same time China is about to stage what it hopes can appears to be a new “opening” by hosting the 2008 Olympics. At the same time western governments are advising tourist not to expect privacy meaning the often paranoid Chinese will snoop.
Predicting the future…I hope!
I was trying to find any significant “CHANGE” that Barrack Obama had initiated while in the Senate. He’s always talking about and promising change. Since no one will ask him to be specific about change and no one will ask him why he hasn’t initiated any change yet as a Senator (see my post earlier this month) I thought that maybe he had and I’d missed it. Well there is one change he’s proposed. Its called Senate Bill 2433, The Global Poverty Act of 2007.
Senate Bill 2433, the Global Poverty Act of 2007, would “require the President to develop and implement a comprehensive strategy to further the United States foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day.” Did you get that? We, you and me, the American taxpayer, are to pay for this.
