Posted on: March 4, 2009 10:51 am

It is my fault.....say it with me.

A little girl lost her lunch money at school and had to call her mother for more. "It wasn't my fault, mommy." She failed a test but "it wasn't my fault mommy." She wrecked her bike, it wasn't her fault. She spilled her milk but it wasn't her fault. She bent the fender - no blame there. She got pregnant, how can you blame a pregnant woman! She lost her job, certainly was not her fault. Someone is out to get her and has been stalking her her whole life. The stalker is her government. They mean well, but they enable the blame. Nothing is her fault, you see. And why should it when you can blame someone else. The American way is to refuse to take responsibility for your actions.

Obama's Administration has presided over the stock market loss of 25% of its value since he was sworn it. All the while he has blamed Bush for everything. But these are his policies that are making it go down, this is his budget that is cooly received by the financial markets. His budget proposes to spend $3.6 trillion this fiscal year against an income of $2.4 trillion. This is a $1.2 trillion deficit. So much for changing the way Washington works. Everytime Geithner (the tax dodger) speaks the market pukes. Will someone shut him up please.

And he has lowered his promise of no tax increase from $250,000 to $208,000. So what, right? those folks can afford it. If only I made that much money. Tax 'em! The problem is there are thousands upon thousands of small businesses that will pay higher taxes. These small businesses are the ones who will create the 3-5 million jobs Obama has promised.

By the way, the Administration has come clean with the 'need' to hire 100,000 people to execute Obama's policy. Some conservative groups estimate the need is higher (250,000). Whichever is correct, this is a huge growth of the government and represents a tremendous increase in the annual costs. Let's see, 100k jobs multiplied by $75,000 average (total compensation package including benefits) for a total of $7.5 billion in annual payroll or $25 from each American every year assuming 300 million of us. But the true number is about 3 times higher since you only charge the one's who have a job. Is it worth it?

And then there is all that negativity. The dire predictions, the sour looks, the desperate speeches, the incessant blaming....where is the hope this guy was peddling all last year? You gotta be kidding me. Does he not know that perception drives the market either bullish or bearish. If you make people believe it is going to be all right it will trend in that direction. And if you throw the proverbial wet blanket on it we have March 4, 2009. Endless downward pressure. You might want to hire a cheer squad in those 100,000 new government employees Mr. President.

All this and his approval rating improves to 68%. The chink in his armor is only 54% approve of his policy. When will gravity take over and plunge Mr. Obama back to earth? When will people hold him accountable? The great Democratic President Harry Truman said the buck stopped with him. I don't recall Bush blaming others for his decisions. Lincoln was pretty good about taking responsibility. Perhaps the American way even relieves this president of the blame.

Will Obama actually show us true change? Will he take responsibility for this mess or will he continue to shirk his responsibility? I know the answer to that question and so do you. But I just want you to remember we the voter can hold him responsible for his policies and reckless budgets.

I said I would not post until I had a trivial avatar, but you know, it is just too damned important that someone calls it the way it is than to sit idly by.


Category: NCAAB
Posted on: February 23, 2009 10:07 am
Edited on: February 23, 2009 10:11 am

Expensive round of drinking...

I did not write this but thought I would share it with you all. Great reading if you are heading to the toilet. I know men like to read in there.

12. Titanic -

The sinking of the Titanic is possibly the most famous accident in the world. But it barely makes our list of top 10 most expensive. On April 15, 1912, the Titanic sank on its maiden voyage and was considered to be the most luxurious ocean liner ever built. Over 1,500 people lost their lives when the ship ran into an iceberg and sunk in frigid waters. The ship cost $7 million to build ($150 million in today ' s dollars).

 $150 Million

11. Tanker Truck vs Bridge -

$358 Million

On August 26, 2004, a car collided with a tanker truck containing 32,000 liters of fuel on the Wiehltal Bridge in Germany . The tanker crashed through the guardrail and fell 90 feet off the A4 Autobahn resulting in a huge explosion and fire which destroyed the load-bearing ability of the bridge. Temporary repairs cost $40 million and the cost to replace the bridge is estimated at $318 Million.

10. MetroLink Crash -

$500 Million

On September 12, 2008, in what was one of the worst train crashes in California history, 25 people were killed when a Metrolink commuter train crashed head-on into a Union Pacific freight train in Los Angeles . It is thought that the Metrolink train may have run through a red signal while the conductor was busy text messaging.. Wrongful death lawsuits are expected to cause $500 million in losses for Metrolink.

9. B-2 Bomber Crash -

$1.4 Billion

Here we have our first billion dollar accident (and we ' re only #7 on the list). This B-2 stealth bomber crashed shortly after taking off from an air base in Guam on February 23, 2008. Investigators blamed distorted data in the flight control computers caused by moisture in the system. This resulted in the aircraft making a sudden nose-up move which made the B-2 stall and crash. This was 1 of only 21 ever built and was the most expensive aviation accident in history. Both pilots were able to eject to safety.

8. Exxon Valdez -

$2.5 Billion

The Exxon Valdez oil spill was not a large one in relation to the world ' s biggest oil spills, but it was a costly one due to the remote location of Prince William Sound (accessible only by helicopter and boat). On March 24, 1989, 10.8 million gallons of oil was spilled when the ship ' s master, Joseph Hazelwood, left the controls and the ship crashed into a Reef. The cleanup cost Exxon $2.5 billion.


7. Piper Alpha Oil Rig -

$3.4 Billion

The worst off-shore oil disaster. At one time, it was the world ' s single largest oil producer, spewing out 317,000 barrels of oil per day. On July 6, 1988, as part of routine maintenance, technicians removed and checked safety valves which were essential in preventing dangerous build-up of liquid gas. There were 100 identical safety valves which were checked. Unfortunately, the technicians made a mistake and forgot to replace one of them. At 10 PM that same night, a technician pressed a start button for the liquid gas pumps and the world ' s most expensive oil rig accident was set in motion.

Within 2 hours, the 300 foot platform was engulfed in flames. It eventually collapsed, killing 167 workers and resulting in $3.4 Billion in damages.

6. Challenger Explosion -$5.5 Billion The Space Shuttle Challenger was destroyed 73 seconds after takeoff due on January 28, 1986 due to a faulty O-ring. It failed to seal one of the joints, allowing pressurized gas to reach the outside. This in turn caused the external tank to dump its payload of liquid hydrogen causing a massive explosion. The cost of replacing the Space Shuttle was $2 billion in 1986 ($4.5 billion in today ' s dollars). The cost of investigation, problem correction, and replacement of lost equipment cost $450 million from 1986-1987 ($1 Billion in today ' s dollars).

5. Prestige Oil Spill -$12 Billion

On November 13, 2002, the Prestige oil tanker was carrying 77,000 tons of heavy fuel oil when one of its twelve tanks burst during a storm off Galicia , Spain . Fearing that the ship would sink, the captain called for help from Spanish rescue workers, expecting them to take the ship into harbour. However, pressure from local authorities forced the captain to steer the ship away from the coast. The captain tried to get help from the French and Portuguese authorities, but they too ordered the ship away from their shores. The storm eventually took its toll on the ship resulting in the tanker splitting in half and releasing 20 million gallons oil into the sea.

4. Space Shuttle Columbia -

According to a report by the Pontevedra Economist Board, the total cleanup cost $12 billion.

$13 Billion


In the end, the total cost of the accident (not including replacement of the shuttle) came out to $13 Billion according to the American Institute of Aeronautics and Astronautics..


The Space Shuttle Columbia was the first space worthy shuttle in NASA ' s orbital fleet. It was destroyed during re-entry over Texas on February 1, 2003 after a hole was punctured in one of the wings during launch 16 days earlier. The original cost of the shuttle was $2 Billion in 1978. That comes out to $6.3 Billion in today ' s dollars. $500 million was spent on the investigation, making it the costliest aircraft accident investigation in history. The search and recovery of debris cost $300 million.

3. Chernobyl -


$200 Billion
On April 26, 1986, the world witnessed the costliest accident in history. The Chernobyl disaster has been called the biggest socio-economic catastrophe in peacetime history. 50% of the area of Ukraine is in some way contaminated. Over 200,000 people had to be evacuated and resettled while 1.7 million people were directly affected by the disaster. The death toll attributed to Chernobyl , including people who died from cancer years later, is estimated at 125,000. The total costs including cleanup, resettlement, and compensation to victims has been estimated to be roughly $200 Billion. The cost of a new steel shelter for the Chernobyl nuclear plant will cost $2 billion alone. The accident was officially attributed to power plant operators who violated plant procedures and were ignorant of the safety requirements needed.

2. 2008 TARP- $750 Billion

- for little to no gain...

1. 2009 Congress/President-

$800 Billion in the first month...

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