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Posts Tagged ‘The View’

Barricades outside The View studios on West 66th Street

There are more than 13 MILLION people unemployed.  You can’t trust the prognostications as we’re in a state of chronic joblessness. Two wars, the BP oil slick, housing implosiong, poll numbers down and imaginary racism (Shirley Sherrod & Arizona Immigration) is up – so it’s a good time to go on “The View” for a little “Chatty Kathy” with friends.  Huh?

I’m speaking of President Obama who made the unpresidential decision to appear on The View! Given all the hard hittin’ questions about – his iPod playlist, Mel “The Raging Ranter” Gibson, Lohan’s jail stint, his fav colors and Snooki!   Who?  Was this a Tiger Beat interview?!  Next up in the fluffy daytime TV demographic has to be a Jerry Springer special to break through directly to those people who think dignity’s out of fashion.

The only item missing was a well-placed Harley-Davidson commercial break espousing “What Women Want” from a cruiser motorcycle – just after that Mel Gibson question.  The media spin was classic.  Let’s talk about needing to govern vs. campaigning as he sat there on the sofa promoting himself and his agenda to the daytime talk show demographic – a bunch of mindless women who talk a lot about nothing everyday.

In order to have time to visit the “den of gossip” the president snubbed the Boy Scouts and their l00th anniversary jamboree, for which he was the scheduled main speaker.  Nice!  Obama’s three predecessors have spoke at the event.  No worries.  I’m sure all the Scouting youth will forget the administration snub as they become exceptional (voting age) adults.

And if you’re like me, being subjected to this JayZ and ‘Snooki’ nonsense – all in the same sentence – had me wondering if my mind had turned to mush.  Could  the time not be better served elsewhere?   It was the wrong timing, wrong message, wrong audience and I have no clue why they thought this was a good idea?

We need leadership not lecturing.  Dude needs to do his job.  If not, I hear BP is looking for a new spokesman.

Note: I’m not on a White House watch or changing the blog to rant on political accountability, but this was just “Bush’s” league when it comes to issues of credibility.

BREAKING NEWS: July 30, 2010 —  Snooki gets arrested per US Magazine.

Photo courtesy of Jen Chung.

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Money Vault

Money Vault

I’m not an advocate for bailouts.  I think it means responsible people (like me!) will L-O-S-E and end up giving my hard earned money to gamblers, cheats and liars.  It doesn’t matter if you’ve been paying your mortgage….it’s now YOUR job to pay for others lack of responsibility. 

It’s reckless and we need to shout out the windows that we’re “mad as hell, and not going to take this anymore“. 

I’m not a cynically deranged “motorcycle enthusiast” ranting revelations or some guy discussing male menopause on The View with Barbara Walters…but folks the BS resonates louder and sounds truer today than ever.  It’s really become crazy!

Can I now expect the federal government to bail me out of my poor stock investments, my poor choices in 401K mutual funds…it’s only fair

Harley-Davidson Ad

Harley-Davidson Ad

And I’d like a little more “chrome” money for the Harley so, how about bailing me out of my “cage” loan?  While you’re throwing around a few billion here and there, my school district wants to put a bond on my home (via property taxes) to help balance the bloated operating budget…could you bail them out too?  Better yet, can you bail me out of my job so that I can shine the chrome and just blog?

Somewhere today a child was born who will spend an academic career figuring out what the effects of the this bail-out week are and what in hind sight should have been done.

And speaking of stock.  A $100 investment in Harley-Davidson at the end of 1986 was worth $15,687 at the end of 2007.  For you mathematicians that means a $10k investment would have grown to be worth $1.569 million in twenty-one years!  Who would have predicted that in 1981 when execs at Harley HYPEN Davidson purchased the company from AMF it would be around for the 105th anniversary?

And did you see Harley-Davidson ask the government for a bailout?  No!  It’s true that in 1983 they requested and received additional tariffs on all Japanese motorcycles when it was determined they were “dumping” to buy market segment share.  President Reagan imposed the tariffs on motorcycles 700 cc or larger.  But, Harley petitioned the ITC for early termination of the five year tariff in 1987.  They succeeded as a private company with improved manufacturing and quality as a new image was formed.  Independent of any government bailout.

Instead of all this talk of tighter regulations by the sleazy politicians, which is clearly pissing in the wind, I say piss on the financial institution graves when they go under for their self-imposed mess.   While we’re at it let’s have a public hanging for the obscene payment of CEO’s who wrecked the companies they worked:

Washington Mutual – CEO Killinger exits package worth $23.5 million

Fannie Mae/Freddie Mac – CEO’s Mudd and Syron combined exit packages worth $24 million

Merril Lynch – CEO O’Neal exit package worth $160 million

Countrywide Financial Corp – CEO Mozilo took home $120 million

Citigroup – CEO Prince got $39.5 million in stock, options, bonus and perks.

And if that doesn’t make you angry note that at:

Fannie Mae – CEO Mudd’s predecessor, Franklin Raines, received an annual pension of $1.37 million when he retired from Fannie in late 2004. Raines was also in line to receive $5.8 million in stock options and $8.7 million in deferred compensation to be paid through 2020, according to a U.S. regulatory filing.

Freddie Mac – Former CEO Chief Executive Leland Brendsel received a pay package of more than $50 million.

And both of these CEOs left their companies during a massive accounting scandal.  Yeah, we should all be happy about bail-outs.

It seems to me that most of these greedy, corrupt people don’t know the difference of oversees from oversights!

I need to ride…

Photos taken at and courtesy of HD Museum.

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