May 16, 2010
COLUMBUS: I heard today that the majority of people in Greece support the government’s attempts to rein in spending and keep from going bankrupt. You would never guess it from the pictures of all the rioters on television. Seems the only ones who get attention are the freeloaders who want something for nothing. They are not too keen on a 20 percent pay cut, and having to work past 53 before retiring on full salary.
Ireland, Spain and Portugal are next in line to cut spending. In Britain the Conservatives welcomed the Liberal Democrats into the fold to work on a financial solution. So far they have agreed on one thing; they don’t want Gordon Brown as Prime Minister.
Elena Kagan appears to be on a clear path to the Supreme Court. She was born in New York City, graduated from Harvard Law, and is either a Catholic or Jew. So right there she meets 95 percent of the qualifications. She’s smart, and will please President Obama by siding with his liberal views. At the same time, it’s hard to believe no one born, raised and educated west of the Hudson River is qualified to be nominated for Supreme Court justice. For the next opening, let’s all get behind someone from, say, Texas, Oklahoma or Montana. It’s time for some Western wisdom on the bench.
In other news, tonight in the Miss USA contest Miss Oklahoma was asked her opinion on Arizona’s new immigration law. She supports the law. "I'm a huge believer in states' rights. So I think it's perfectly fine for Arizona to create that law." She came in second.
BP had a bit of success sticking a one-mile long drinking straw into the leaking well. Really, it’s bigger than a straw and may help get most of the oil pumped into a ship. There’s still over a million barrels of oil floating around the Gulf.
Here’s an idea I heard from a couple of farmers: soak up the oil with hay. Take hay bales left over from last winter, shred the bales and drop the hay from an airplane over the oil slicks. The hay would absorb the oil, leaving the water clear. It would float, and any oil-soaked hay that washes up on shore can be raked and baled and then burned in an electric power plant. (I bet you would never hear a down to earth idea like that from a New York City-born Harvard lawyer.)
Environmentalist have important concerns about off-shore drilling. But consider the amazing output from this single well. If there’s oil under the entire Gulf of Mexico like this gusher, maybe we should drain the Gulf and turn the whole area into a gigantic oil field. Build a dam from Florida to Cancun and pump out the water.
Historic quotes from Will Rogers:
"Flew right over that new Texas oil field that has made oil so cheap that it's cheaper to strike a dry hole." DT #1487, April 29, 1931
Randall Reeder
Will Rogers Today http://willrogerstoday.com
614-477-0439 willrogers@aol.com
Need a Speaker? Hurry up and hire me before I die... again.
Showing posts with label Greece. Show all posts
Showing posts with label Greece. Show all posts
Monday, May 17, 2010
Monday, May 10, 2010
Weekly Comments: Greece, oil and immigrants affect US economy #602
May 9, 2010
COLUMBUS: Just when we get Wall Street and the stock market in a mood to grow, Greece goes bankrupt and knocks our finances in a tailspin. Spain and Ireland are teetering on the edge of a financial cliff. In France, a thousand farmers drove their tractors into Paris to protest the low price for crops and higher taxes. England held an election and nobody won, so the Queen might have to step in and earn her salary. I think Europe was better off when they were covered by the volcano ash cloud.
The problem in Greece is the government overspent and overpromised. Greeks are guaranteed a high retirement income and they live a long, long time after they retire. The government has been living on borrowed money, and the younger folks are not thrilled at the prospect of paying off the debt and getting none of the benefits. So they decided to let Germany and the US bail them out. Seems the least we should get out of the deal is a few islands.
If you think Greece is an exception, look in a mirror. Nobody these days is overspending and overpromising more than the folks in Washington. Read what happens to Greece, and in about ten years you can read the same news story with Greece replaced by USA.
That oil gusher under the Gulf of Mexico is confounding the best efforts to control it. Still, I’ll put my faith in BP and the oil industry before I would trust the government to plug it.
Arizona continues to get hammered for wanting to enforce the federal immigration law. According to polls, two-thirds of the country agrees with Arizona, including young people, old folks, Democrats, and legal immigrants. In fact the only group that seems to be against it is television news folks. Oh, and one other: the NBA basketball team that plays in Phoenix. On May 5 they wore uniforms with the logo in Spanish, and announced to the country they would rather represent Mexico than Arizona. Maybe they should move south of the border. See if they can equal their multi-million dollar salaries as the Mexico City Suns.
This immigration issue won’t go away till we require foreign workers to have an ID, provide them seasonal work permits, and make the employers pay a fair wage. We need more legal immigrants, but not ones who break the law to get here. They should not expect to become citizens automatically. That has to be earned.
Immigration is a complicated matter, and not everyone will be happy with the result. I’ll remind you of a previous battle over illegal immigration, where Oklahoma is now located. The legal citizens at the time were Indians, and the illegal immigrants who sneaked across the border were white folks from Missouri and Kansas. The government in Washington sided with the illegals.
Historic quotes from Will Rogers:
"Greece is frying in her own fat." DT #2683, March 12, 1935
Randall Reeder
Will Rogers Today http://willrogerstoday.com
614-477-0439 willrogers@aol.com
Need a Speaker? Hurry up and hire me before I die... again.
COLUMBUS: Just when we get Wall Street and the stock market in a mood to grow, Greece goes bankrupt and knocks our finances in a tailspin. Spain and Ireland are teetering on the edge of a financial cliff. In France, a thousand farmers drove their tractors into Paris to protest the low price for crops and higher taxes. England held an election and nobody won, so the Queen might have to step in and earn her salary. I think Europe was better off when they were covered by the volcano ash cloud.
The problem in Greece is the government overspent and overpromised. Greeks are guaranteed a high retirement income and they live a long, long time after they retire. The government has been living on borrowed money, and the younger folks are not thrilled at the prospect of paying off the debt and getting none of the benefits. So they decided to let Germany and the US bail them out. Seems the least we should get out of the deal is a few islands.
If you think Greece is an exception, look in a mirror. Nobody these days is overspending and overpromising more than the folks in Washington. Read what happens to Greece, and in about ten years you can read the same news story with Greece replaced by USA.
That oil gusher under the Gulf of Mexico is confounding the best efforts to control it. Still, I’ll put my faith in BP and the oil industry before I would trust the government to plug it.
Arizona continues to get hammered for wanting to enforce the federal immigration law. According to polls, two-thirds of the country agrees with Arizona, including young people, old folks, Democrats, and legal immigrants. In fact the only group that seems to be against it is television news folks. Oh, and one other: the NBA basketball team that plays in Phoenix. On May 5 they wore uniforms with the logo in Spanish, and announced to the country they would rather represent Mexico than Arizona. Maybe they should move south of the border. See if they can equal their multi-million dollar salaries as the Mexico City Suns.
This immigration issue won’t go away till we require foreign workers to have an ID, provide them seasonal work permits, and make the employers pay a fair wage. We need more legal immigrants, but not ones who break the law to get here. They should not expect to become citizens automatically. That has to be earned.
Immigration is a complicated matter, and not everyone will be happy with the result. I’ll remind you of a previous battle over illegal immigration, where Oklahoma is now located. The legal citizens at the time were Indians, and the illegal immigrants who sneaked across the border were white folks from Missouri and Kansas. The government in Washington sided with the illegals.
Historic quotes from Will Rogers:
"Greece is frying in her own fat." DT #2683, March 12, 1935
Randall Reeder
Will Rogers Today http://willrogerstoday.com
614-477-0439 willrogers@aol.com
Need a Speaker? Hurry up and hire me before I die... again.
Subscribe to:
Posts (Atom)