/usr/local.com

Bailout Failure

September 29th, 2008 | by | politics

Sep
29

I have to say, I was a little shocked that the bailout plan failed today.

Not that I don’t think some version of it won’t pass in a few days. But there is outrage over this bill. People are pissed that our tax dollars, for generations to come, will be spent bailing out the greedy bastards on Wall Street. Apparently Congress was receiving calls from constituents at a rate of 9-1 disapproving of the bill. Congress failed to pass it, good for you. You listened to the people that are going to re-elect you.

So, let’s play a little game shall we. Let’s imagine that Congress figures out that this bill is crap and lets everything be for a bit. What does that really mean. Well, for one, the market is going to correct itself and there are certain companies that will go out of business. Big companies. REALLY big companies that own mortgages and insurance on mortgages. Does this mean that you’re going to lose your house? If you’re one of the millions that makes their monthly payments, probably not. If you do not meet your payments, are you surprised if you lose your house? You shouldn’t be. But, this also means that people will not be buying a lot of houses and the abundant supply of houses on the market are going to stay on the market for a long time. So I wouldn’t plan on moving anytime soon. I know that I’m not moving for at least 2 years, maybe more if this market keeps up.

So what happens if your mortgage company fails. Free house? No, that’s not going to happen. Someone will buy up the loans and you’ll start paying them instead.

What this really means is that people are going to have to be more financially responsible. It will be harder to get a loan for a small business, house or car. You’ll have to make sure that you have a good credit history. You remember that, the thing that people have been saying for years is something that you need to have.

In the coming months/years, the market will consolidate, re-group and start kicking ass again. It will be tough, jobs will be lost. The companies that do not have the strong financial backings will go out of business. These are companies that have been running in the red for years. Going out of business shouldn’t be that big of a surprise for them or you if you work for one of them.

Unfortunately, Congress will not let the correction happen. They’re going to step in and possibly make this a worse situation. They’re already busy regrouping and will probably be voting on another financial bailout on Wednesday or Thursday. Don’t worry folks, Congress will be sure to make this bill just as bad as the first.

Comments Closed

32 words

September 22nd, 2008 | by | in the news, politics

Sep
22

I typically don’t read the Huffington Post. At least not on a regular basis anyway. But this article caught my eye on digg so I hoped over there.

First, read the article. Its rather shocking.

Then, contact your state Senators and Representatives and express the outrage you now have for the fact that the executive branch can spend 700 billion dollars of our money on bailing out their idiot friends.

I’m sure that there will be some people that may comment on if we don’t do this, we’ll have another depression. And that *may* happen. But I’m willing to bet that even after we bail out all these companies, most of them will still fail. And we’ll be screwed out of our money because in reality, they should fail.

Greed is an ugly thing.

Comments Closed

McCain helped create the BlackBerry?

September 16th, 2008 | by | politics

Sep
16

Sen. John McCain’s senior domestic policy adviser said Tuesday that the BlackBerry mobile e-mail device was a “miracle that John McCain helped create.”

Sen. John McCain “laughed” when he heard his adviser’s remark about the BlackBerry, another aide says.

The adviser, Douglas Holtz-Eakin, discussing the nation’s economic woes with reporters, said that McCain — who has struggled to stress his economic credentials — did have experience dealing with the economy, pointing to his time on the Senate Commerce Committee.

Pressed to provide an example of what McCain had accomplished on that committee, Holtz-Eakin said the senator did not have jurisdiction over financial markets, then he held up his Blackberry, telling reporters: “He did this.”

“Telecommunications of the United States, the premiere innovation in the past 15 years, comes right through the Commerce Committee. So you’re looking at the miracle that John McCain helped create,” Holtz-Eakin said. “And that’s what he did. He both regulated and deregulated the industry.”

source

Wow, I really don’t know what to say to this one. I really hope that staffer no longer has a job. Saying John McCain helped create the blackberry because he was on a committee in Congress is a load of crap and is really a slap in the face to all the engineers that work day in and day out on creating innovative technology.

Comments Closed

Dog calls 911 to help owner having seizure

September 14th, 2008 | by | dogs

Sep
14

An assisstance dog calls 911 and saves his owner’s life last week in Scottsdale.

A dispatcher with the Scottsdale Police Department took a call from an assistance dog who barked on the other end of the line.

The dog was trained to call 911 whenever his owner lays down and is unresponsive. All the buttons on the phone are preprogrammed to dial 911.

This isn’t the first time the dog has called 911.

source

Wow, that’s an amazing dog. Makes my dog seem _really_ lazy!

Comments Closed

Damn French!

September 8th, 2008 | by | devdog, dumb people

Sep
08

For the most part, I like France. Its a nice place to visit, most of the people that I’ve met have been fairly nice, at least the ones that have come over here to study and visit. Heck, I even got engaged over there back in 1999.

However, today re-affirmed why most people hate the french. We have a few domains that are registered with a registrar that is based out of Paris France. We bought the company that used this registrar so this is some of the cleanup that just hasn’t happened over the years.

Today apparently they decided that one of our primary domains hadn’t had its whois information updated so it must be out of date which would put us in violation of the terms of service. Technically, the whois information was still 100% correct. The contacts were are still valid contacts handled by our NOC staff. The contact names, phone numbers and email addresses all still worked as you would expect them to. But since we haven’t made any updates, clearly it must be out of date so they removed the domain from the root servers. No notifications that this was being done, no notice that we needed to update our records, nothing! Another joy of dealing with this registrar, they only do email support. That’s right, no phone support is available. Awesome!

Needless to say, we’re filing complaints with ICANN and will hopefully have this issue resolved shortly. Once it is cleared up, you can bet your ass we’re dumping them. Or, as many of our staff have suggested, threatening to invade their country and expecting their unconditional surrender. ;)

Comments Closed

Older Posts