We're Screwed.
Rookie
Joined: Jul 2012
Posts: 70
Likes: 0
Greed has been the root of all problems since the beginning of time. Seems to me the people who desire power the most are the least likely to handle it well. I was in the Army as a scout. I did recon, fought in Iraq and in a few other places. I am a good citizen and pay my taxes. Politics are for the birds. I do not believe that the president has the power to single handedly do anything, even with executive orders. They can be impeached as Clinton had to face. It did not matter who won this race. The same things would happen with a different twist. There is no way there would be such a radical change in the country if Mitt had won. Too many bridges to cross and tolls to pay.
I will not waste my time stocking up on ammunition. That is a non-renewable resource. Go back to basics. Learn to shoot a bow, throw a knife or an ax. If you are really worried then take the time to learn some solid survival tactics. Those are going to be the sought after people in the apocalypse
Besides, there are few weapons we have access to that could put a dent in an armored vehicle. Look at other insurgencies. They resort to improvised weapons. The government is smart enough to not let us have rocket launchers for hunting.
10,000 rounds of ammo will last a while, but what about ten years down the road? Make sure you know how to find water and food. Make sure you can fix your weapons. If your weapon breaks after 2000 rounds you had better be able to throw them really hard
Left or right is not a huge matter. That is an awesome way for the government to keep us divided. They do not want 50 united states to worry about. They count of infighting and bickering to help them out and they stoke those fires. Go back to basics and leave politics alone. they do nothing but divide us as people. If the end of the world were to come I would not refuse food from someone based on their political orientations.
I will not waste my time stocking up on ammunition. That is a non-renewable resource. Go back to basics. Learn to shoot a bow, throw a knife or an ax. If you are really worried then take the time to learn some solid survival tactics. Those are going to be the sought after people in the apocalypse
Besides, there are few weapons we have access to that could put a dent in an armored vehicle. Look at other insurgencies. They resort to improvised weapons. The government is smart enough to not let us have rocket launchers for hunting. 10,000 rounds of ammo will last a while, but what about ten years down the road? Make sure you know how to find water and food. Make sure you can fix your weapons. If your weapon breaks after 2000 rounds you had better be able to throw them really hard
Left or right is not a huge matter. That is an awesome way for the government to keep us divided. They do not want 50 united states to worry about. They count of infighting and bickering to help them out and they stoke those fires. Go back to basics and leave politics alone. they do nothing but divide us as people. If the end of the world were to come I would not refuse food from someone based on their political orientations.
Champion
Joined: May 2012
Posts: 3,065
Likes: 1
From: Renton, WA
I got a 30GB zune too!
I bought mine back before ipod touches existed when ipod was still kinda brick like.thing still works perfectly too!
I use my android phone most of the time for listening on the go though as I have internet radio via the phone.
Record Breaker
Joined: Jul 2007
Posts: 1,636
Likes: 1
From: Miracle Valley, AZ
http://www.myfoxphoenix.com/story/20...-american-left
Communists all over Latin America celebrated the victory by Obama. I think that says all we need to know about Obama-communist approved!
Communists all over Latin America celebrated the victory by Obama. I think that says all we need to know about Obama-communist approved!
Legend
Joined: May 2005
Posts: 8,663
Likes: 8
From: Central Oklahoma
And taxpayers are going to tax a bath on the Government's ownership of GM: Election clears way for U.S. to sell GM shares
The Government didn't "save" GM. GM could have done like every other company (the airlines are a perfect example) and filed bankruptcy and let the process run like it should.
The Government didn't "save" GM. GM could have done like every other company (the airlines are a perfect example) and filed bankruptcy and let the process run like it should.
November 8. 2012 - President Obama's re-election opens a clearer path for the government to begin selling some of its 32% stake in General Motors, but the administration has given no indication of when such a sale will happen.
On Monday, GM secured a new $11-billion credit facility, fueling speculation that it is lining up some of that money to buy back a portion of the government's shares.
"The Obama administration could just go ahead and unload the stake quickly and probably not have to take too much fallout," Morningstar analyst David Whiston said in an interview. "They would still get some negative publicity, though."
The government's 500 million shares must sell at an average of $53 before taxpayers can break even. The stock closed Wednesday at $25.03, falling 4.4% in a broad post-election selloff.
"We believe that the U.S. Treasury is likely to begin selling down its stake in GM shortly after the election, regardless of the outcome," Barclays analyst Brian Johnson said in a note to investors this week. "We believe that the Treasury is likely to announce a gradual sell-down plan, similar to what it has done for its stake in AIG."
Supporters of the government's $49.5 billion GM bailout argued that the aid preserved jobs, enabled GM to reduce debt, and cut costs deeper and faster, which prevented a collapse that would have devastated suppliers and other automakers.
Opponents countered that it benefited the UAW at the expense of bondholders, and the industry would have survived the failure of the largest U.S. automaker.
The Treasury Department said it is balancing the desire to sell shares with the need to recoup more cash. The stock has fallen 24% since GM's initial public offering in November 2010, though has gained modest traction in recent weeks.
A Treasury Department spokesman did not respond to a call Wednesday seeking comment for this report.
On Oct. 31, GM reported a $1.5-billion profit in the third quarter, and its stock jumped 9.6%. Shares are up 33% from a low of $18.80 on July 25.
Morningstar's Whiston said he expects a government selloff to take from six to 24 months.
Some analysts suggested the company could tap the credit line to buy shares back from the government, a vote of confidence in its future that could drive shares upward.
But Whiston said the credit facility was "needed to give GM the proper liquidity to function for its size" because its previous $5-billion facility "was too low."
Since its IPO, GM has not commented on the government's stake or whether it wants the shares sold. But in September former CEO Ed Whitacre wrote an editorial in the Wall Street Journal urging the government to sell its 500 million shares "as quickly as possible." He was speaking for himself, not the company.
"Nothing has really changed because it's always been up to the Treasury to decide how to manage their investment in GM," GM spokesman Jim Cain said Wednesday.
But some GM executives have expressed concern that limits on executive compensation that were a condition of the federal loans have made it harder to retain talented leaders and recruit new ones. Sale of the government shares would let GM operate without such government restrictions.
"Selling now would eliminate TARP restrictions and allow GM to function more effectively," Whiston said.
On Monday, GM secured a new $11-billion credit facility, fueling speculation that it is lining up some of that money to buy back a portion of the government's shares.
"The Obama administration could just go ahead and unload the stake quickly and probably not have to take too much fallout," Morningstar analyst David Whiston said in an interview. "They would still get some negative publicity, though."
The government's 500 million shares must sell at an average of $53 before taxpayers can break even. The stock closed Wednesday at $25.03, falling 4.4% in a broad post-election selloff.
"We believe that the U.S. Treasury is likely to begin selling down its stake in GM shortly after the election, regardless of the outcome," Barclays analyst Brian Johnson said in a note to investors this week. "We believe that the Treasury is likely to announce a gradual sell-down plan, similar to what it has done for its stake in AIG."
Supporters of the government's $49.5 billion GM bailout argued that the aid preserved jobs, enabled GM to reduce debt, and cut costs deeper and faster, which prevented a collapse that would have devastated suppliers and other automakers.
Opponents countered that it benefited the UAW at the expense of bondholders, and the industry would have survived the failure of the largest U.S. automaker.
The Treasury Department said it is balancing the desire to sell shares with the need to recoup more cash. The stock has fallen 24% since GM's initial public offering in November 2010, though has gained modest traction in recent weeks.
A Treasury Department spokesman did not respond to a call Wednesday seeking comment for this report.
On Oct. 31, GM reported a $1.5-billion profit in the third quarter, and its stock jumped 9.6%. Shares are up 33% from a low of $18.80 on July 25.
Morningstar's Whiston said he expects a government selloff to take from six to 24 months.
Some analysts suggested the company could tap the credit line to buy shares back from the government, a vote of confidence in its future that could drive shares upward.
But Whiston said the credit facility was "needed to give GM the proper liquidity to function for its size" because its previous $5-billion facility "was too low."
Since its IPO, GM has not commented on the government's stake or whether it wants the shares sold. But in September former CEO Ed Whitacre wrote an editorial in the Wall Street Journal urging the government to sell its 500 million shares "as quickly as possible." He was speaking for himself, not the company.
"Nothing has really changed because it's always been up to the Treasury to decide how to manage their investment in GM," GM spokesman Jim Cain said Wednesday.
But some GM executives have expressed concern that limits on executive compensation that were a condition of the federal loans have made it harder to retain talented leaders and recruit new ones. Sale of the government shares would let GM operate without such government restrictions.
"Selling now would eliminate TARP restrictions and allow GM to function more effectively," Whiston said.
Legend
Joined: Mar 2011
Posts: 8,914
Likes: 4
From: Fredericksburg, Virginia
Perhaps a cry for attention?
"Two Iranian Su-25 fighter jets fired on an unarmed U.S. Air Force Predator drone in the Persian Gulf on November 1, the Pentagon disclosed on Thursday."
http://security.blogs.cnn.com/2012/1...one/?hpt=hp_t3
"Two Iranian Su-25 fighter jets fired on an unarmed U.S. Air Force Predator drone in the Persian Gulf on November 1, the Pentagon disclosed on Thursday."
http://security.blogs.cnn.com/2012/1...one/?hpt=hp_t3
I have an old 30g Zune that functions prefectly EXCEPT it drains it's battery when in sleep mode. I don't want to buy an iPod, I really just want my zune to work... Makes me sad. I replaced the battery myself with a high capacity one and it still does the same thing.