Republicus

"Give me your tired, your poor, Your huddled masses yearning to breathe free, The wretched refuse of your teeming shore. Send these, the homeless, tempest-tossed to me. I lift my lamp beside the golden door." The Statue of Liberty (P.S. Please be so kind as to enter through the proper channels and in an orderly fashion)

Name:
Location: Arlington, Virginia, United States

Sunday, June 15, 2008

Happy Father's Day

26 Comments:

Blogger John said...

Not your day, is it troll?

12:01 PM  
Blogger FJ said...

Thanks, John. Happy Fathers Day!

4:34 PM  
Blogger John said...

Same to you fj.

5:15 PM  
Anonymous hee haw said...

Father any mules or watermelons?

9:38 PM  
Anonymous run up the white flag said...

guess the ass couldn't take anymore kicking

9:39 PM  
Blogger Phelonius said...

Thank you. As a father I appreciate that and I wish all fathers out there the very best as well.

"Run up the White flag" is just a one-handed wonder of his own love-life.

If his hand had any sense it would look around and boycott.

9:42 PM  
Blogger John said...

Happy Father's Day, James.

1:42 AM  
Anonymous fathers and sons said...

Vicious Chip off the Old Blockhead:

Visited 12281 times, 8841 today
Radio talk show host calls for murder of anti-war activist
By Nick Langewis, 15 June 2008

Michael Reagan, radio talk show host and son of late president Ronald Reagan, could be investigated by the FBI after he called for the execution of Mark Dice, anti-war activist and founder of media watchdog group The Resistance, on the air.

On the June 10th edition of his nationally syndicated Radio America show, Reagan called Dice and others in the “9/11 Truth” movement “traitors” after learning that they were sending letters, declassified documents and DVDs to troops in Iraq that they say point to government involvement in the attacks on the World Trade Center in 2001.

The effort is part of The Resistance’s “Operation Inform the Soldiers.”

“I don’t want the soldiers who are risking their lives in Iraq to be used as pawns in the creation of the New World Order,” Dice said in a recent press release. “I personally know U.S. Marines who believe 9/11 was an inside job, and they tell me that many Marines suspect that this is the case but are afraid to speak up out of fear of punishment.”

“We ought to find the people who are doing this,” Reagan said, “take ‘em out, and shoot ‘em. Really. Just find the people who are sending those letters…to demoralize our troops…they are traitors to this country…and shoot them. You have a problem with that? Deal with it. But anybody who would do that doesn’t deserve to live. You call them traitors–that’s what they are–and you shoot ‘em dead. I’ll pay for the bullet.”

“How about you take Mark Dice out,” Reagan continued, “and put him in the middle of the firing range? Tie him to a post, don’t blindfold him, and let it rip and have some fun with Mark Dice.”

“Now we know where the Ron Paul supporters went,” quipped a co-host.

On Sunday, Dice announced on his website that he received a personal apology from Reagan and will appear on Reagan’s show to receive an on-air apology Monday, June 16th, at 3:30pm Pacific.

“While I understand different political opinions can result in heated arguments, Reagan’s statements are completely unacceptable, un-American, and extremely dangerous,” Dice said. “Reagan has elevated the hate and rhetoric aimed at those who disagree with this war to new and unprecedented level. He must be fired immediately and no other radio or TV network should let his voice be heard, or his face be seen.

“Despite Reagan’s apology,” Dice continued, “the Pandora’s box that he opened can never be closed. The ramifications of his threats and suggestions are enormous and frightening. In an age where a few clicks of a keyboard can result in anyone’s home address being found, Reagan’s comments open the door for stalking, vandalism, and worse. Any threats made will be forwarded immediately to the FBI and the appropriate legal action will be taken.”

Below is a clip from Reagan’s June 10th broadcast, as posted to YouTube. Posting record hits.

8:05 AM  
Anonymous loose lippes suck dickes said...

Good for Reagan! And while we're at it, I know a couple of surrender monkeys who could use a Gitmo vacation. If Lincoln could do it, I see no reason why Bush can't.

10:27 AM  
Blogger John said...

Good for Jr.

I was getting worried about him.

11:19 AM  
Anonymous indecent x pozher said...

I'm behind him...

the more wingbats making insane noises the better

hey how about that Barr/ Paul ticket now forming?

All the hordes of reluctant McCain supporters need is something like this to give them an excuse to bolt...huge numbers...

Libertarians are happier than Limbaugh alone in a pharmacy at night.

12:56 PM  
Blogger John said...

Troll, do I know you?

5:40 PM  
Blogger Alice Gorable said...

A belated, Happy Father's Day!

5:54 PM  
Blogger John said...

Ah, sunshine. :)

5:59 PM  
Anonymous usa of hooverville said...

Thirty years of conservative economics...


Comfortable Retirement a Fading Dream for Many
http://www.truthout.org/article/comfortable-retirement-a-fading-dream-many
The San Francisco Chronicle's Sam Zuckerman says, "For more Americans, the dream of a comfortable retirement is fading. The trend marks one of the great social transformations of the postwar era. For four decades following World War II, an increasingly affluent society afforded a growing number of older people the chance to leave their jobs and enjoy a secure retirement. Social Security, private pensions and, beginning in the 1960s, Medicare allowed tens of millions of seniors to live decent lives without punching the clock."


Just like the twenties...we're ready for a change

6:07 PM  
Blogger John said...

I could swear I've heard this troll's voice before somewhere. And I think it's female.

6:34 PM  
Anonymous never learned from herstory said...

Just like the 20's? And we all know what followed...

4:48 AM  
Blogger nanc said...

get a sitemeter, john...it would solve some of your problems - they're easy to install if you move to new blogger.

happy belated father's day all!

6:01 AM  
Anonymous herb hoover said...

get a sitemeter, john...it would solve some of your problems - they're easy to install if you move to new blogger.


what problems are those...not having all toadies all the time?

Now, here are some real problems...the natural result of naive, reckless GOPonomics:


http://www.247wallst.com/2008/06/the-247-wal-st.html
BANKRUPTCY stalks HUGE US firms!!
===========================================

BANKRUPTCY ODDS Watch, on AOL
http://money.aol.com/investing/bankruptcy-odds-watch?icid=200100397x1204025140x1200172036


#1. - odds of BANKRUPTCY - ONE in TWO !!

American Airlines (AMR) shares have fallen from over $29 to just above $6 during the last year. In the most recent quarter, the company had an operating loss of $187 million and interest expense of $194 million. Long-term debt was over $8.7 billion. Company forecasts fuel expense could rise $790 million over the next year.

#2. United Airlines
Odds of bankruptcy: 1 in 4


United Airlines (UAUA) was recently described as an operational mess, and the "worst of the worst" by Portfolio. Shares are off from a 52-week high of $51.60 to $8.25. Like all airlines United faces the potential of a sharp drop in traffic if the economy worsens. In its latest quarterly filing, the airline shows fuel costs up 50%.. United's loss from operations was $441 million. Debt service payments hit $135 million.


#3. Nothwest Airlines

Odds: 1 in 5

Northwest Airlines (NWA) has watched its stock fall from $24.25 to $6.94. The company is hoping its purchase of Delta will help it save costs. But, it is not clear that its unions will go along with personnel cuts or that the merged company can cut a great deal more capacity. Long-term debt of $6.5 billion and running an operating loss.

#4. Gatehouse Media
Odds: 1 in 5

Gatehouse Media (GHS) is one of the more troubled newspaper companies. Across the industry, ad revenue is falling nearly 10% compared to last year. The company has $1.2 billion in debt. Gatehouse did little better than break even on an operating basis last quarter and its huge dividend it pulling down cash. Shares are at $3.46 compared to a 52-week high of $19.60.

#5. Delta Airlines

Odds: 1 in 10

Delta Airlines (DAL) shares are down 60% this year. A merger with Northwest will not help combat the rising price of oil. Long-term debt and capital leases stand at almost $8.4 billion. Company says fuel prices were up almost $1 a gallon last quarter to $2.85. That number could go much higher.

#6. Lee Enterprises
Odds: 1 in 15

Lee Enterprises (LEE) shares have dropped from a 52-week high of $24.97 to $5.57. The company wrote off $841 million in assets last quarter. Advertising revenue dropped almost 6% year-over-year, and that is almost certainly accelerating. Lee is sitting on almost $1.3 billion in debt and, before the end of the year, it probably will not have the operating income to cover debt service.



#7. Lehman Brothers
Odds: 1 in 25

Lehman Brothers (LEH) has been in the headlines for weeks. Most recently its said it would loss $2.8 billion for the last quarter and have to raise $6 billion. The company's shares are down to $27.50 from a 52-week high of $82.05. As one Wachovia analyst said "the larger capital raise at meaningfully lower prices indicates that the company did not have, and potentially still does not have, a complete grasp of its exposures."

#8. Continental Airlines
Odds: 1 in 25

Continental Airlines (CAL) share are down less than most airlines, from a 52-week high of $38.79 to $13.60. For the last quarter, the carrier had an operating loss of $66 million and interest expense of $90 million. Long-term debt at $4.7 billion. Recent 10-Q said that a recession could materially harm results.

#9. Wachovia
Odds: 1 in 25

Wachovia (WB) trades near a 52-week low at $19.76 down from its period high of $54.54. Huge mortgage exposure after buying Golden West Financial Deal may have lost Wachovia CEO his job. As one analyst said "We view Wachovia's announcement this morning to remove CEO Ken Thompson as a sign that more bad news will be forthcoming." WB can't take mortgage write-offs forever.

#10. General Motors
Odds: 1 in 30

General Motors (GM) trades below where it did in late 2005 when analysts were concerned about a bankruptcy. Lehman recently said GM "needs to raise about $9 billion over the next two years to refinance debt, and may seek more for operational cash burn as it faces production headwinds and commodity price increases." GM may not be able to change its model line away from SUVs and pick-ups fast enough, and domestic vehicles sales have fallen off a cliff.


#11. Ford

Odds: 1 in 35

Ford (F) may be only slightly better off than GM because it seems to be willing to cut costs beyond the bone. It recently took another 15% out of salaried costs. Kirk Kerkorian may like Ford, but the car-maker's most important line is its pick-ups. Last month, sales of is flagship F-series truck fell 31%. How long can the company survive that?


#12. McClatchy
Odds: 1 in 35

McClatchy (MNI) said its ad revenue dropped 15% in April. In the first quarter, operating income fell to $57 million from $87 million the year before. Revenue went from $567 million down to $488 million. If that topline moves down sharply with the fall-off in advertising, where does the money come from to cover the firm's $2.4 billion in debt.

AIG
Odds: 1 in 35

AIG has dropped from a 52-week high of $72.91 to $34.28. Large investors are trying to push the CEO out and regulators are looking over how the company valued its mortgage contracts. That is not the worst of it. Citigroup recently wrote that "the insurer's recent offerings that raised $20 billion in capital are insufficient and that its financial position may worsen." The shoes aren't done dropping.

==================================================



The 24/7 Wall St. Bankruptcy Odds Watch (AMR)(UAUA)(NWA)(GHS)(DAL)(LHS)(LEH)(CAL)(WB)(F)(MNI)(AIG
http://www.247wallst.com/2008/06/the-247-wal-st.html

There are the 24/7 Wall St. odds that several companies will have to file for Chapter 11 between now and the end of the year. These will become a permanent part of the website and the list will be updated once a week.

AMR (AMR) 1 in 2 Lee Enterprises (LEE) 1 in 15 Ford (F) 1 in 35
UAL (UAUA) 1 in 4 Lehman (LEH) 1 in 25 McClatchy (MNI) 1 in 35
Northwest (NWA) 1 in 5 Continental (CAL) 1 in 25 AIG (AIG) 1 in 35
Gatehouse (GHS) 1 in 5 Wachovia (WB) 1 in 25
Delta (DAL) 1 in 10 General Motors (GM) 1 in 30

These are possibilities rather than predictions. 24/7 Wall St. has reviewed a number of large public companies in order to evaluate the possibility of bankruptcies by the end of 2008, based on the current economy. We have run cash flow analysis and looked at balance sheets in the most obvious sectors including financials, airlines, old media, and autos. These numbers are based on the chance of a "Chapter 11" filing or a sudden "implied Chapter 11" event happening in the next six months.

The airline sector is perhaps the most at risk. Many carriers can't operate profitably with $100 oil. With predictions for $150 crude and the price well above $130 per barrel today, Wall Street has already done the math. Add to that the latest round of financial results and all the failed mergers attempts. Cutting capacity and delaying new plane orders can only help in the short term. Chapter 11 is a real risk as it was several years ago without government bail-out funds.

The old media sector, particularly newspapers and print media, has been a bad investment for over two years. These companies should have seen the transfer from papers to the internet as the major source of news If they did not diversify into into successful digital media properties, they have only themselves to blame.

The US auto sector may not recover for two years. The good news is that their employee and retirement costs are under better control than earlier this decade. The bad news is that the SUV and pick-up truck profit centers have disappeared as fewer consumers want to buy $4.00+ gas to get 12 miles-per-gallon. In addition, rising prices of raw materials for auto components are accelerating. While international units make money, they cannot offset ongoing US loses

Financial companies including money center banks, brokerages, and insurance companies carry significant risks. Bear Stearns demonstrated that. The list for this sector could go on and on.

Some highlights:

AMR shares have fallen from over $29 to just above $6 during the last year. In the most recent quarter, the company had an operating loss of $187 million and interest expense of $194 million. Long-term debt was over $8.7 billion. Company forecasts fuel expense could rise $790 million over the next year.

UAUA was recently described as an operational mess, and the "worst of the worst" by Portfolio. Shares are off from a 52-week high of $51..60 to $8.25. Like all airlines UAL faces the potential of a sharp drop in traffic if the economy worsens. In its latest quarterly filing, the airline shows fuel costs up 50%. UAL's loss from operations was $441 million. Debt service payments hit $135 million.

NWA has watched its stock fall from $24.25 to $6.94. The company is hoping Delta's purchase of it will help it save costs. But, it is not clear that its unions will go along with personnel cuts or that the merged company can cut a great deal more capacity. Long-term debt of $6.5 billion and running an operating loss.

GHS is one of the more troubled newspaper companies. Across the industry, ad revenue is falling nearly 10% compared to last year. The company has $1.2 billion in debt. Gatehouse did little better than breakeven on an operating basis last quarter and its huge dividend it pulling down cash. Shares are at $3.46 compared to a 52-week high of $19.60.

DAL shares are down 60% this year. A purchase of Northwest will not help combat the rising price of oil. Long-term debt and capital leases stand at almost $8.4 billion. Company says fuel prices were up almost $1 a gallon last quarter to $2.85. That number could go much higher.

LEE shares have dropped from a 52-week high of $24.97 to $5.57. The company wrote off $841 million in assets last quarter. Advertising revenue dropped almost 6% year-over-year, and that is almost certainly accelerating. Lee is sitting on almost $1.3 billion in debt and, before the end of the year, it probably will not have the operating income to cover debt service.

LEH has been in the headlines for weeks. Most recently its said it would loss $2.8 billion for the last quarter and have to raise $6 billion. The company's shares are down to $27.50 from a 52-week high of $82.05. As one Wachovia analyst said "the larger capital raise at meaningfully lower prices indicates that the company did not have, and potentially still does not have, a complete grasp of its exposures."

CAL share are down less than most airlines, from a 52-week high of $38.79 to $13.60. For the last quarter, the carrier had an operating loss of $66 million and interest expense of $90 million. Long-term debt at $4.7 billion. Recent 10-Q said that a recession could materially harm results.

WB trades near a 52-week low at $19.76 down from its period high of $54.54. Huge mortgage exposure after buying Golden West Financial Deal may have lost Wachovia CEO his job. As one analyst said "We view Wachovia's announcement this morning to remove CEO Ken Thompson as a sign that more bad news will be forthcoming." WB can't take mortgage write-offs forever.

GM trades below where it did in late 2005 when analysts were concerned about a bankruptcy. The car company indicated it may have to raise money. Lehman recently said GM "needs to raise about $9 billion over the next two years to refinance debt, and may seek more for operational cash burn as it faces production headwinds and commodity price increases." And, all off those factors are getting worse. GM may not be able to change its model line away from SUVs and pick-ups fast enough, and domestic vehicles sales have fallen off a cliff.

Ford (F) may be only slightly better off than GM because it seems to be willing to cut costs beyond the bone. It recently took another 15% out of salaried costs. Kirk Kerkorian may like Ford, but the car-maker's most important line is its pick-ups. Last month, sales of is flagship F-series truck fell 31%. How long can the company survive that?

MNI said its ad revenue dropped 15% in April. In the first quarter, operating income fell to $57 million from $87 million the year before. Revenue went from $567 million down to $488 million. If that topline moves down sharply with the fall-off in advertising, where does the money come from to cover the firm's $2.4 billion in debt.

AIG has dropped from a 52-week high of $72.91 to $34.28.. Large investors are trying to push the CEO out and regulators are looking over how the company valued its mortgage contracts. That is not the worst of it. Citigroup recently wrote that "the insurer's recent offerings that raised $20 billion in capital are insufficient and that its financial position may worsen." The shoes aren't done dropping.

Douglas A. McIntyre & Jon C. Ogg

9:26 AM  
Blogger John said...

This repulsive creature is actually cheering on bankruptcies:

"#1. - odds of BANKRUPTCY - ONE in TWO !!"

Recall that when Candidate Bush warned of a looming recession in 2000, the Democrats howled that he was unconscionably "talking down" the Great & Stupendous, Record-Smashing "Clinton Economy."

They were projecting. They've been aggressively talking down the economy since 2000.

10:28 AM  
Anonymous eatin spam? said...

them banks is afailin cuz them dem cusses done cussed at em

is it right to laugh at a weakling?

poor lil creeturs dont like having their noses rubbed in the shit they created

it creates a moment of painful reality and weer to blame for that

yes'm i think we should loff

11:17 AM  
Anonymous even their law enforcement is corrupt said...

Fired Republican US Attorney: ‘I was working for the Sith Lords’

David Iglesias, who was one of seven United States Attorneys fired by the Department of Justice for political reasons in December 2006, described his experiences to Jon Stewart on Monday’s Daily Show.

“They wanted us to file politically oriented prosecutions instead of just doing what our normal job is, which is enforce Federal law,” Iglesias stated, explaining that Justice Department higher-ups asked the US Attorneys “to file voter fraud prosecutions when the evidence wasn’t there beyond a reasonable doubt. It wasn’t just me. It was a guy in Missouri and it was a guy in Seattle, Washington.”

“What about the other 86 US Attorneys?” Stewart asked. “Are they doing those cases?”

“I want to give my colleagues the benefit of the doubt, with a couple of exceptions,” Igelsias replied cautiously. He mentioned former interim US Attorney Bradley Schlozman, who “could end up getting indicted” because “he rushed some voter fraud — ‘voter fraud’ — right before the election. … We can’t do that.”

“Talk about this other,” prompted Stewart. “There’s a case in Alabama, with the former governor of Alabama, Siegelman, who’s a Democrat, who was thrown in jail on charges brought up by the US Attorney’s office and then just let go.”

“Which is incredibly rare,” commented Iglesias. “Courts of appeal almost never release somebody while they’re serving time. … The court of appeals over in Alabama let Siegelman out — which tells me, really weak evidence.”

Iglesias then suggested it might be possible to go after the Justice Department officials who were ultimately responsible by “using the model we used against the Mob in the 60’s. You find a small fish, you threaten prosecution, you roll them, they give up the bigger fish.”

“It’s fascinating to know that we’re going to be treating this administration like the Gambinos,” remarked Stewart.

Stewart ended by asking Igleaias, “Is the greatest disappointment for you that you were a guy who believed in what they were doing? … Do you feel betrayed in that sense?”

“I thought I was working with the Jedi Knights and I was working for the Sith Lords,” Iglesias acknowledged, as the audience broke into applause.

“For the audience for this show, you could not have used a better example,” Stewart concluded. “I will see you at Comic-Con 2009.”

12:40 PM  
Anonymous ronnie earl the pearl delayer said...

Meanwhile in Texas, Tom DeLay fights for his day in Court as the Austin prosecutor files for extensions and plans his retirement, NEVER HAVING A CASE.

12:17 PM  
Anonymous adder said...

Yet, he's managed to ruin DeLay's career and get him thrown out of congress.

It's not right...and they're crying about Siegelman...who they sprung with bipartisan! support.

Something is fishy...and it's happening all over the country.

We were on a roll. Now, we're snakebit.

1:56 PM  
Anonymous on a roll said...

...like jelly.

5:48 AM  
Anonymous Anonymous said...

Jonh,

You just made what They call a FALLACY.

When W talked down the economy, it was for political reasons.

When CNBC types do it - IT is BECAUSE people are Losing money.

I learned about FALLACY in college.
Didja Go?

Yo, Snap!

10:27 PM  

Post a Comment

<< Home