Realtor Obama, GM Cracks, Your Money and Liberals
Fractured afternoon
On the network news were to related stories that prompted this brief post. One featured an auction at GM’s Heritage Center where about 100 classic, vintage or otherwise special vehicles were on the block. Granted, the story touched the point that the relatively small revenue to be produced at this event does not even register on the company’s balance sheet Richter scale. But the company said it was the responsible thing to do.
I disagree. Since it won’t make any economic difference to GM’s fate it would be more responsible to keep the vehicles where they have been so they may remain satisfactorily protected and preserved and available to those interested.
But the only way it could be responsible is if GM has decided to go bankrupt and some strange arrangement would require selling these items to vultures far lower prices. And that doesn’t seem plausible; not the bankruptcy but the giveaway to vultures.
It was also noted again that the US government is spending $285 million on about 17,600 cars for use by public employees. That comes out to about $17,000 per vehicle. It’s an average but it could cause you to wonder what type of vehicles they are buying and what, if any, is the discount. Remember, you’re paying for it. If you bought that many items would you not want a discount? And what’s wrong with the cars the government has right now? After all, we’re in an economic ‘crisis’, right?
Wasn’t going to mention this one but here it is. In another report Obama is encouraging people to take advantage of low mortgage rates to refinance their loans. What might occur to you at first glance is an old rule of thumb. If you plan on staying put for some time to come you only consider refinance if the % is at least 2 points below what you are paying now. But even with that Obama either failed to mention that closing costs, etc., put an upfront price tag on the refinance or that these loans are provided with no closing costs. On top of that the reporter pointed out that many who would like to cannot because their house is upside down. Meaning when the bottom fell out of the real estate market their home’s value is now less than the mortgage.
Okay the post isn’t so brief and there’s another late addition to this edition. A search result today ended at the Internet Public Library. This was an accidental reminder of books rather than digital equivalents that led to a thought about Mark Levin’s current bestseller. With the search box staring back at one, what can you do? Entering ‘liberty and tyranny’ brought back a list of results and the first one was strange.
“The monthly lesbian and gay newsmagazine for the state of Kansas.” There is also a separate edition for the Kansas City area.
What does that have to do with liberty and tyranny? Don’t even go there. Fortunately the second search result was more to the point.
“Liberty Unbound is the web site for Liberty magazine, the monthly libertarian (classical liberal, or individualist) review of thought, culture and politics. The Nature of Liberty [magazine]
Posts published on this blog can be chosen spontaneously but that is usually limited to the topic and not the nature of the writing. (or ‘typing’ if you must) But it has happened from time to time and may again.
In most cases the posts here present some information and the blog author’s commentary. And of course readers are allowed to reply with comments. But just throwing out a few ideas or a rant from time to time does provide some pleasure.
Okay, reducing power now to standby to aid in minimizing my carbon footprint until the next post for any liberals who may care to read this. .. …. … . … . .. .
Stanford Matthews
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