Thursday, August 20, 2009

Obama and NASCAR


Well Obama "honored" NASCAR drivers and the sport the other day at the White House. No, there was no burn out on the White House lawn or anything like that. He did say that the "Big 3" auto makers belonged in "Nazz-car" (as the Big Guy likes to say it).

Did the teleprompter explain to him who the big three are? or does he think it is GM, Ford and Toyota? Or does he still consider Chrysler one of the big 3? (None of the honorees that were present were Dodge drivers - look at the end) So what is the message? Then again since the government owns most of GM maybe it should be re-named American Motors - after the old defunct car company. :)

I guess the White House staff realizes that in the crashed and still crashing economy ( jobless rate is even higher than projected) that NASCAR is the sport hardest hit. Since it is the number one spectator sport in America - it is significant.

What is really ridiculous is several of the stories written about the event do not even name all of the drivers invited... I guess the reporters forgot that who is one of the w's you are supposed to have in a story. Just the AP news stories and Sports Illustrated have left out such "details." I mean how many stories do I have to pull up to find this information anyways? Some articles say 9 of the top 12 - of last year's drivers... duh - how hard would it have been to actually report on the story?

After digging around I found that the nine are: Dale Earhhardt Jr.(Chevrolet), Denny Hamlin (Toyota), Jeff Burton (Chevrolet), Greg Biffle (Ford), Carl Edwards (Ford), Clint Bowyer (Chevrolet), Jeff Gordon (Chevrolet), and Tony Stewart (Chevrolet), and Jimmie Johnson (Chevrolet).

Anyhow - Stay Safe!

Sunday, August 2, 2009

Timothy Geithner Cannot Sell His House!

Timothy Geithner does not have a clue
OK, Treasury Secretary Timothy Geithner is supposed to be the "man with the plan" to get us out of the economic mess. Which, despite all the positive talk, is declining rather than getting better. So the guy that is trying to fix our economic mess cannot even sell his own house.

So now he is renting it out for less than the mortgage payments. This sounds like a typical government plan to me.

"Geithner put his five-bedroom Tudor near leafy Larchmont on the market for $1.635 million in February, after heading to Washington for his job as the nation's top economic official.

A few weeks after the asking price was dropped to $1.575 million, the home was rented for $7,500 a month on May 21, said the agents, Scott Stiefvater of Stiefvater Real Estate and Debbie Meiliken of Keller Williams Realty New York.


Neither was directly involved in the rental; the name of the broker and agency that arranged it were not immediately available.

Although $7,500 might seem like a lot of rent, it probably falls a bit short of the monthly mortgage payments on the Geithners' two loans totaling $1.25 million, plus $27,000 a year in property taxes.

Treasury Department representatives didn't immediately return calls about Geithner's home Monday and Tuesday. He was in Beijing for talks with Chinese leaders." Timothy Geithner Thinks: Maybe a little lower

The story can be found here.
Maybe he should think about lowering the price a bit more.
What do you think Tim?

Y'all be safe!