In: Your My Rant
7 May 2009In December, 2008, pressure mounted on congressional leaders and President George W. Bush to pursue legislation that would provide emergency financial aid to U.S. domestic automakers. Representatives of the three leading U.S. carmakers — Chrysler, Ford and General Motors — twice testified before Congress, arguing that the U.S. recession left them close to failure. The automakers also told lawmakers that the failure of one firm would cascade through the industry — parts suppliers, local shops and dealerships would all face ruin, and the other firms might be taken under as well.
Following the second round of testimony, congressional leaders agreed to a $15 billion series of emergency loans, with stringent oversight and a requirement that the manufacturers restructure business practices to return to profitability and repay the loans.
However, GM said it lost $6 billion in the first quarter as its sales around the world fell 40 percent and revenue was cut nearly in half.
But the most concerning number is the $10.2 billion in cash that G.M. depleted in three months, the equivalent of $113 million a day. That is nearly twice the company’s rate of spending in the fourth quarter.
As of March 31, the company had $11.6 billion on hand, roughly the minimum level of liquidity that G.M. has said it needed to keep operating. Since then, the government has lent G.M. an additional $2 billion.
Chrysler is not going to repay the taxpayers more than $7 billion it received in the form of a bailout. It has been confirmed with the Obama administration that this is included as part of its bankruptcy filing. Government shouldn’t have gotten involved in the first place but don’t think for one second they are finished.
Americans used to buy about 17 million new cars and trucks a year. Now, they’re buying less than 10 million. A majority of cars sold by foreign manufacturers in the U.S. are actually built in the US.
So, why should the federal government care who it is that sells Americans their cars?
Under the Obama administration’s proposal, Chrysler would, in essence, be given to Fiat, an Italian company, to operate.
So, how is an Italian car manufacturer operating in Michigan is any more “American” than a Japanese manufacturer operating in Kentucky?
Under the law, secured lenders have the first claim on the assets of the debtor in the event of non-payment.
The Obama administration plans to muscle past this law in mafia style.
Under its proposal, the health care trust of the auto workers’ union, an unsecured creditor, would forgive 57 percent of what Chrysler owes it, and receive 55 percent of the company’s equity in exchange.
The federal government would forgive about a third of what it would loan Chrysler and receive 8 percent of the company’s equity.
Fiat would pay nothing for its 20 percent initial ownership.
The secured creditors, with the first claim on Chrysler’s assets, were asked to forgive 70 percent of what they are owed and receive nothing in equity.
If they refused, they would be excoriated by Obama.
Chrysler and GM have become government companies, being ran and controlled by the government. If they do not fail, then this is the beginning of the end of the US.
Everyone from around the world should stand up to the US government and not purchase any Chrysler or GM cars.
Let the government know that they cannot steal money from its citizens nor their businesses.
Enough is Enough!
In: Politics
19 Apr 2009First watch this video with Garofalo and then we’ll continue.
Ignorance at a whole new level
Now here is the question: How do you get here? How do you continue to bring race into a subject that has nothing to do with race? How do you explain the black people that showed up at the Atlanta Tea party that had absolutely no problems mixing and mingling with the rest of us? How do you explain the fact that there were black speakers at the gathering? How do you explain the fact that there were over 15,000 people at that one spot and yet this idiot spouts her mouth of that 10 or 20 people showed up at these things?
MSNBC! How do you explain your idiot reporter saying that there were only 10,000 people across the country when more than that showed at a single rally? How do you become so biased as a news agency? I realize your ratings are so far below that of Fox that you feel you need to fight for all it’s worth, but really, it makes better business since to start reporting the actual facts instead of your personal opinions and your ratings prove this.
Garofalo sits and spouts off with her arrogant insane mantra, while you can see what she really wants is to cuddle up next to Obama. She speaks of all of us as racists as if she knows any of us. She couldn’t last a minute in a real conversation yet she gets her time on a minor news network and gets total support by the anchor to tell its 20 viewers that we’re all redneck racist bastards that don’t know anything about our constitution or the original tea parties.
I guess when you can’t get acting jobs because you can’t act, and you can’t get gigs on real news networks, speaking your junk on MSNBC is all that’s left.
Here are a few facts for you MSNBC, and instead of looking for 1 example of a few crazies, you should have actually tried reporting the news and let us with brains determine what it all means.
1) This is NOT a racist movement, however, if you look hard enough I’m sure you’ll find a racist person amongst us. Oh wait, you don’t have to look too hard since they’re all watching your show.
2) This is not about Republicans or Democrats as they are both causing our problems. That person speaking that got the boo’s was absolutely correct. This problem can be traced back for the last 50 years to both democrats and republicans and is not Obama’s fault. However, Obama is the one that chose to run as the man of change and Obama is the one that lied to the people of this country just to get their votes. Obama has done nothing he said he’d be doing, he has changed nothing and he has accomplished nothing but more of the same insane processes that Bush and Clinton in years past started. Check out his people around him and ask why they are all from Bush and Clinton days? Hell, he even has a Carter guy around I believe, it hard to keep track since most end up leaving him. So both parties need to be replaced with a new American Party that is only interested in America, not in whose party has the most strength or the most idiots on board with some dumbass new scam.
3) This has everything to do with the Current tax system and the illegal processes followed by the IRS and the FED. Perhaps Garofalo should do a bit more research into both entities and tell us where they fit in her infinite wisdom or finite views on racism. Perhaps she can educate us all in how we’re all wrong and where we got lost. Could it be Garofalo that you’re just one of the dumbest people on planet earth?
I am personally excited that the left wing news media and the current administration are both acting as if nothing important just took place. Either they really do believe it and our movement is protected behind their veil of ignorance, or they are very very scared at what is coming and are doing everything they know how to do (which is to lie about it) to try to stop it. Either way they will fail.
As for Garofalo, hold on to your panties sweety because the country is about to be taken back by the people you so despise. We allowed people like you to take our government from us and you’ve proven by it’s current state that you can not handle the job. But don’t worry, we’ll fix things and get her back into ship shape to lead into another 100 years, we’ve just got to remove your virus from her bowels first.
– cybercrypt
In: Politics
17 Apr 2009A lawsuit has been filed against Department of Homeland Security Secretary Janet Napolitano for filing a report targeting citizens for exercising their right to free speech. Here is the Link
shhhh, do you hear that? We’re coming Washington, that rumbling is only the beginning and it’s too late to try to change now. Your parents have received your credit card and there is no more hiding. The truth is upon you!
–cybercrypt
I’ve been a big fan of Glenn Beck for some time but he just did something yesterday that has brought into question his entire message. This blog is going to document this huge blunder along with some facts that Glenn should have researched before calling myself and others idiots.
The subject: The IRS and our Taxes
Glenn had a woman on his show yesterday telling us all that we’re idiots for thinking that we don’t have to pay taxes. He and she listed out each fact and then basically said anyone that believes such a thing were idiots and needed to move on. Well Glenn, let me do a little basic 101 level research that you should have done before you had this lady on your program.
1) The OMB argument that you and she said was ridiculous: Had you actually done your job and researched the paperwork reduction act you would have found that OMB numbers are not issued longer than 1 or 3 years depending on the document. You would have also realized that the issued number can only be used for the single document in which it was requested. You would have also realized that this document can not be changed without going through the process again and receiving another number. After all Glenn, this law states that it can be used to defend one’s self in the event that you do not fill out a form due to the document not containing a valid OMB number.
Now Glenn, we never said the form didn’t have a number on it. We said it wasn’t valid! Use your head here. The form has had the same number on it for over 27 years. It shares the same number with no less than 4 other IRS documents. The original filing never listed the statutes in which are required in order to get the OMB number to begin with, which is due to there being no statute that requires a citizen to pay income taxes on their wages.
2) The filing of the 1040 violates our 4th and 5th amendment rights. Come on Glenn, use your head here, how do you think that the government can force us to hand over our papers and our property without due process? The IRS does this everyday and you think its legal? Look behind you at those stacks of paper and ask yourself why it has to be so complicated if its all legal? They use part 6331 to allow themselves to levy your wages in the event you do not pay the taxes. Go read it Glenn! They only send Paragraph B to companies which is the scary part, but if you read Paragraph A which denotes just who they have the right to do this to, its only GOVERNMENT employees!
3) Voluntary defined: done, made, brought about, undertaken, etc., of one’s own accord or by free choice: a voluntary contribution.
Glenn, is this that difficult for you? Voluntary means it’s my choice to do it. The reason the 1040 says it’s voluntary is quite simply because if it said it was required it would violate my rights as a citizen. So it doesn’t say it. But it’s not voluntary in the eyes of the IRS because they scare you into doing it anyway. Despite it being used against me in a court of law. Why do you think it’s ok to exclude a hand written statement by a murderer because the police twisted his arm and made him say it, but it’s not ok for you to exclude my tax documents because my arm was twisted via threats of life and limb in order to get me to file it? How do you think it’s legal for the IRS to force me to hand over my personal papers with no due process? Maybe you should go back and re-read that little book in your pocket because I”m starting to think you might only carry it around.
4) Income defined: The Supreme court on more than one occasion has ruled that income is defined as corporate profits. Have you researched the fact that the IRS has us all listed as corporations? If so, have you asked yourself why we can’t deduct living expenses since the purpose of our corporations are to support our families? The IRS tax code does not define the word Glenn. So you tell me what it means? Because wages are an exchange of money for my services which are exactly on par as to what those services provide. There is no profit there for anyone to see. Again, if there were a profit then we should be able to show the expenses in which we incurred with living and surviving. After all, I have to have my car to get to work, otherwise I wouldn’t be able to do the job to begin with.
Glenn, I can only tell you that you’ve caused me extreme disappointment and frustration by giving such a CNN style interview. I expected much more from you, at least having someone on to give the other side of the argument. I’m now left wondering how many more of your rantings are factual or things you’re making up in order to stir us all up? I can not begin to explain how upset I am at your complete disregard for facts and your absolutely intolerable inability to do research. I hope you correct this complete screw up by allowing someone from the other side of the argument to speak up instead of allowing the tar and feather session to remain. YOU ARE DEAD WRONG IN THIS CASE! DO YOUR RESEARCH!
cybercrypt
In: Politics
7 Apr 2009Before I get started with today’s post, I’d like for everyone to take a look at this video. While I can’t speak for 100% of the information covered I can speak from personal experience with relation to the IRS and it’s SCAMS. Here is the video: http://video.google.com/videoplay?docid=5355374476580235299
So while watching the video it dawned on me. If we’re to take this country back we need more than us organizing to take her back. We need the police and military to start respecting the constitution and refusing to arrest and abuse our rights because of an order to do so. And by the same token, if an officer refuses and gets into trouble then we need to stand behind them and prevent action from being taken against them. You can see evidence of people being arrested in New Orleans during the flooding because they were sitting in their own homes with guns. Their guns were stolen from them by our military personnel and they were arrested. Their constitutional rights were completely ignored by our military and police both local and federally. Because it was the law? Or because someone in Washington said to do it and so they went through and did it? There will be plenty to fight in this battle and fighting us is a loose loose on both sides.
We don’t want to have to fight our own people in the name of a government out of control but somehow we’ve got to get the police and military to understand that they are here to uphold the constitution and protect our rights, not to be the hired thugs that do the work of the mafia leaders in Washington. There is going to be a revolt sooner or later. The government shows no signs of giving in on taking over this country and moving it towards their World Government. True Americans can only take so much of this Bullshit before we stand united and say enough! But if that stand is going to put us head to head with our own neighbors that just happen to be in the Police and Military then our government has won, because at that point they have us all fighting each other while they steel the hill.
–cybercrypt
Everything on this blog is my opinion and nothing should be taken as fact, unless it is consistent with what you already know to be true, or you have taken the time to research the matter to prove its accuracy to your satisfaction. This is known as "doing your homework."