Monday, March 1, 2010
Monday, October 5, 2009
Thursday, October 1, 2009
Tuesday, April 28, 2009
"I am unwilling to have my twenty-nine year Senate record judged by the Pennsylvania Republican primary electorate. I have not represented the Republican Party. I have represented the people of Pennsylvania," Specter said in a statement. "I am ready, willing and anxious to take on all comers and have my candidacy for re-election determined in a general election."
The democrats are more than happy to welcome Specter to the party because once Al Franken officially wins the senate race in Minnesota. The democrats will then have the 60 votes needed to stop the republican filibuster. This will give the democrats an easier time in passing their legislation.
Friday, April 24, 2009
No wonder the king's mediation of 40 years of stalemated labor and business issues in the auto sector isn't going so well. There's a reason royal discretion has long been outmoded as a way to run an economy: Things just work better if a realm's subjects are left to resolve their own disputes and interests through the impersonal mechanism of the markets and the law says Jenkins in the WSJ today. The president should have never took over GM or Chrysler (GM is worst out of the 2). Let them go into bankruptcy! I don't know what else needs to happen for the president to realize that the market and consumers decide what kind of cars they want not the government. This is not the job of the president. GM is just drowning faster and faster while the government stands by their side attempting to help (key word attempting). Go into chapter 11, restructure, and when the market returns so will the auto industry. The problem is that they are not making a profit (GM was number 6 in Forbes 500s). People are still buying cars. The problem is that they are paying billions in health care to retirees (a reason we need to reform health care) and the UAW wages are the highest out all the automakers. In chapter 11 all this can be fixed. There is no need for government intervention.
Tuesday, April 21, 2009
The government is set to give another $500 million to Chrysler and another $5 billion to GM. This needs to stop now! There comes a point when you just need to say enough is enough. These companies are never going to get their act together because they know the government will just keep dishing out the money. Because the government keeps giving them money they have no motivation to change. Ford on the other hand is doing all that it can to change its companies policies because they know they have nothing to fall back on (in the long run Ford will be a viable company I believe). This is exactly what the Tea Parties were about; throwing money at a bad situation. It is not helping the auto companies at all. Let them go into chapter 11 and restructure. In the short term it will be hard to watch employees losing their jobs (even though with government money employees are still losing their jobs) but in the long run it will make for a more viable auto company.
Here is the Western Conference Playoff picture so far.
#1 Los Angeles Lakers vs. #8 Utah Jazz (1-0 Lakers)
The Lakers got out to a 22 point lead at halftime of game 1, but the Jazz made a spiritied comeback and had it down to single digits in the 4th quarter before ultimately losing by 13. Lakers are the favorites to win the NBA Championship but this series is going to be much closer than people think. I think both teams hold serve at home and the Lakers take this one in 7.
#2 Denver Nuggets vs #7 New Orleans Hornets (1-0 Nuggets)
The Nuggets drilled the Hornets in game 1 but this series is far from over. Chris Paul and David West will both play much better throughout the series. This series features two very even teams despite the difference in seeding and the play of JR Smith off the bench for Denver could be the deciding factor in this series. I like the Nuggets in 7.
#3 San Antonio Spurs vs. #6 Dallas Mavericks (1-1)
The Spurs came back after their disastrous game 1 performance and looked like a completely different team. Obviously the loss of Ginobli hurts them, but they showed in game 2 that they aren't going to go down in this series without a fight. The Mavericks and Spurs have both been inconsistent at times this year but both teams are very talented and I expect this to be a hard fought series. Mavericks in 6
#4 Portland Trailblazers vs. #5 Houston Rockets
The Rockets blasted the Trailblazers in game 1, and believe me that was no mirage. The Rockets are a more talented, savvy, veteran-led team and I expect them to have no problem with the young Blazers. I'm taking the Rockets in 5
The NBA Playoffs have been nothing short of spectacular so far, and here is my update of all the Eastern conference series.
#1 Cleveland Cavaliers vs. #8 Detroit Pistons (Cavs 1-0)
The Cavaliers demolished the Pistons is game 1 and I expect the series to be more of the same. This is not the same Pistons team from years past and without Chauncey Billups, they cannot even be competitive with the Cavs. I like the Cavaliers to take this series in 5 games
#2 Boston Celtics vs. #7 Chicago Bulls (1-1)
This series has been absolute must-see TV so far. The Bulls came out on fire game 1 and beat the Celtics in overtime behind Derrick Rose's heroics. Game 2 was also an incredible game, as a late Ray Allen 3 (shown in the video above) propelled the defending champs to a 1-1 series tie. This series has been the most entertaining series so far in the playoffs and shows how awesome playoff basketball can be. I think Derrick Rose, Ben Gordon and the Bulls take this one in 6.
#3 Orlando Magic vs. #6 Philadelphia 76ers (76ers 1-0)
In what might be considered the biggest upset of the playoffs so far, the 76ers came out in game 1 and shocked the heavily favored Magic on the road. Andre Iguodala hit the game-winning shot with 2.2 seconds left to give the 76ers a 1-0 lead in the series. I think the Sixers showed a lot of heart and will continue to make this a tough series, but I just think the Magic are too talented and will take this series in 6.
#4 Atlanta Hawks vs #5 Miami Heat (Hawks 1-0)
The Hawks took it to the Heat in game 1 in surprising fashion with a blowout win. This series will be much closer than that game however. These teams are very evenly matched and I expect this series to go the distance. Dwayne Wade is going to need to step up his game 1 performance for the Heat to win while the Hawks are going to need to get consistent contributions from their normally inconsistent players like Josh Smith and Mike Bibby. I like the Hawks in 7.
Saturday, April 18, 2009
GM doesn't seem to be able to get its act together. As I said in an earlier post they need to work with the UAW. The union is killing our American automakers. In an article on FOX news Horace Cooper says there are three things that could turn around the auto industry. Adopt a 3 Year Moratorium on UAW union representation and immediately suspend the existing UAW contract, let the consumer decided what type of products the automakers produce (NO BODY WANTS THOSE UGLY ENVIRONMENTAL CARS!), lower the cost of service and maintenance instead of having warranties backed by the government. I agree with every single one of this ideas. I am a liberal but I 100% disagreed with the government taking over the auto industry. There is a reason we have chapter 11 bankruptcy. We have seen many companies come out leaner and meaner after bankruptcy (K-Mart for example). I hope they do go into bankruptcy so only the top brands stay, re-do the contracts with the UAW, and create products consumers want to buy at reasonable price.