Sunday, June 14, 2009
Whats going on with Guantanamo Bay ?
Obama & auto Companies
Based on the latest bankruptcy and bailout plans, the government will hold 72.5% of General Motors Corp., 8% of Chrysler Corp. and 35% or more of GMAC Financial Services, the car loan business. Ideas for what to do with those shares are colored by politics and investment philosophies, and they're sure to be debated. Some economists and financiers believe Obama should dump the stock almost immediately, to whatever buyer the government can find. Others say the administration should find a partner, maybe a savvy investor such as Warren Buffett or an justice firm such as Oaktree Capital to operate the businesses for a generous share of any profits on the condition that the government gets its money first. And some believe President Obama should just stick the shares deep into a desk drawer and let the next president worry about an exit strategy. GM and Chrysler will either fail again or become corporate home runs. Only time will tell. The government has sunk so much money into the companies that a few billion dollars more will make little difference, especially compared with the potential for GM and Chrysler to become corporate contributors to the U.S. economy once they've been "freed" from what Mitchell (an economist) considers the inefficient stain of federal ownership. It is believed that it is a Catch-22 and its not good to sell stock at a loss, but there is no way for the stock to go up as long as the government is involved. They need to get these companies back into the private sector, otherwise these companies will be perennial bleeding sores for the U.S. taxpayers.
Obama & Credit
Saturday, June 13, 2009
Obama's Healthcare Reform
How are the republicans attacking obama?
Gay Marriage
For some years, same-sex marriage (SSM) has been near or at the top of any list of leading religious/secular/political controversies in North America. It is complex, divisive, and not readily agreeable to compromise. After all, U.S. states either allow SSM or ban it. Any change, or threat of change, to the culture is distressing to many people. But a change to the structure of the fundamental building block of society -- the family -- can be chiefly upsetting. Most American adults currently oppose SSM, but the tendency is towards increasing acceptance. If current trends continue, most American adults will be supportive of SSM sometime in the early to middle 2010's. People who argue for SSM say that "The institution of marriage conveys dignity and respect towards a couple that make a lifetime commitment to support each other. Same-sex couples deserve this dignity and respect."They also argue Denying marriage to same-sex couples removes from one group a fundamental, important human right -- the right to marry the person that one loves and to whom one has made a commitment. That is unfair and unjust in a democracy. They believe that they have equal rights as well. Arguments against SSM say that for most Americans, marriage is a religious sacrament or ceremony. If the definition of marriage is changed to allow SSM, religious individuals and groups become at risk of having to violate their beliefs by marrying same-sex couples. Children benefit over regular marriage because many researchers have found that children thrive best when reared in a home with a married mother and father. Boys and girls have needs that are uniquely met by parents of the opposite gender. I am against gay marriage because i am a christian pentecostal. The world is already corrupt if they make gay marriage legal it would make it harder for us Christians to get people to convert. But I'm not only going against it only because i am christian i think that is disgusting and it isn't good morals. I think that we were made to marry the opposite sex. Nothing is going to change my mind this is wrong and everyone who is gay and supports SSM will pay the consequences which is burn in hell because this is a sin. Besides no where in the constitution it says marry the same sex therefore they hav no right to marry the same sex.