Jun
10
2009
Posted by: Larry
Yup. That’s right. Unions and Congress team up to wipe out another great American company.
Rep James Oberstar, Minnesota Democrat, has managed to sneak a provision into legislation passed on May 21 that’s designed to put FedEx out of business.
…But, in short, UPS lobbyists have buried a short 230-word legislative bailout deep inside the FAA Reauthorization Act of 2009. It’s worth billions to “Big Brown” at the expense of our economy which thrives on next-day commerce, competitive shipping options and ready access to markets around the world. Essentially, Big Brown wants to force the world’s most efficient airline to operate under outdated trucking rules.
via Brown Bailout.

Watch the video at brownbailout
UPS is a big giver to politicians.. all that bribery is paying off. Forcing the worlds most efficient airline to operate under 100 year old trucking rules will put FedEx out of business.
For more info on this, visit the site set up by FedEx. Oh.. and tell your senator to stop this madness.. send the note via FedEx just for the heck of it.
6 comments | tags: Add new tag, FEDEX, government, money, unions, UPS
Jun
4
2009
Posted by: Larry
Like Horatio at the Bridge, Richard Mourdock continues to fight for what’s right.
Indiana’s State Treasurer has at least temporarily blocked the sale of most of Chrysler Corporation’s assets to Fiat.
A late decision allows for a court challenge to see if two Hoosier pension funds and a construction fund are getting a raw deal in the automaker’s bankruptcy.
State Treasurer Richard Mourdock says he doesn’t like holding up the sale of Chrysler to Fiat, but he insists he won’t back down, and now he’ll get a hearing before a federal appeals court. via Indiana Treasurer Wins Right to Appeal Chrysler Bankruptcy Terms | Indiana’s NewsCenter: Fort Wayne WPTA-TV, WISE-TV, CW, and My Network | Local & Regional.
no comments | tags: Add new tag, Indiana, money, UAW | posted in In The News, Indiana
May
23
2009
Posted by: Larry
The Obama thugs decided that the rules of bankruptcy needed to be “adjusted” to help out with the UAW bailout. It should be no surprise. After all, seizing personal property for redistribution is the ultimate goal of both the UAW and Obama.
Enter Indiana Treasurer, Richard Mourdock who has filed an objection to protect the property rights of Indiana teachers and police officers.
Indiana was the sole creditor to file objections with the court (PDF can be found here.)
As stated in the filings, the US Treasury Task Force is seeking to use the Chrysler bankruptcy to extinguish
the property rights of the pension funds as secured lenders, violating the most fundamental tenets of creditor
rights in disregard of widely recognized bankruptcy jurisprudence. The proposed restructuring of
stakeholders’ rights seeks to make payments of billions of dollars to unsecured creditors, while paying the
secured creditors only 29 cents on the dollar.
“As fiduciaries, we can’t allow our retired police officers and teachers to be ripped off by the federal
government. The Indiana state funds suffered losses when the Obama administration overturned more than
100 years of established law by redefining ‘secured creditors’ to mean something less,” explained Treasurer
Richard Mourdock. “The court filing is aimed not only at recouping those losses but also reasserting the rule
of law and preventing the federal government from pursuing policies that strike at the heart of the capital
system.”
TreasurerMourdockObjectiontoChryslerBankruptcy.pdf (application/pdf Object).
Treasurer Mourdock will not allow portfolios under his
control to make additional investments in businesses that are receiving or will be receiving federal bailout money.
Good move.
no comments | tags: Add new tag, economy, government, UAW | posted in In The News
Apr
22
2009
Posted by: Larry
What the devil is all this talk about CO2 and global (select one: warming, cooling, other)? People are not capable of controlling the universe or even the planet. They can, however, use fear to control the people living on it.
Well, I’ve got news for anyone that thinks that they’re going to save the world by reducing their carbon footprint. You’re wrong. But you won’t listen to reason on the subject. So…when I catch you reducing yours.. I’m increasing mine.
While you’re busy starving plants of their lifeblood.. don’t worry. I’ll be out there giving them all the CO2 they can handle. It’s OK, no need to thank me. Continue reading
no comments | tags: Add new tag, climate change, green stuff, wacko