The Only Logical Conclusion

by Brian Farrington

And a Merry Christmas to you all

Another Big Win for Obama

An excerpt from the Whitehouse fact sheet about the recent changes in the long signed Korea USA Free Trade Agreement:

Under the 2010 supplemental agreement, Korea has committed to add a special safeguard for motor vehicles to ensure that the American auto industry does not suffer from any harmful surges in Korean auto imports due to this trade agreement.

In other words, if too many consumers actually WANT these Korean vehicles, the US government has the right to tell then "You can't do that" and shut down imports.

What do you guess any increase in Korean sales will start Ford, GM, and the UAW to whining?

For this bit of protectionism, Lord Obama sat on an already signed agreement for two years.

We Are The World, 2010 Version....

Enough said.

Credit Suisse To Pay Top Execs With Illiquid Mortgage Securities

Credit Suisse announced today that bonuses for its top executives would be made in illiquid, mortgage-backed securities. Seeing as these guys are responsible for getting this stuff on the companies books, it makes sense to shove it back to them.

Actually, the quote pretty much says it all. The only possible problem is that if those securities turn out not to be as bad an investment as the New York Times and the like are saying, these executives are going to wind up with a nice profit on the deal.

I suspect the Obamabots would have a conniption fit over a result like that.

Stay tuned, things might start to get interesting.

Full article here.

Arrogant Worms - Carrot Juice is Murder

I stumbled onto this wondering around on the web.

I think it is satire, probably.

Maybe.

Just a thought

Report: Former Guantanamo detainee carried out Iraq suicide attack