Tuesday, March 31, 2009

Ford & General Motors Car Ownership Proposal STINKS!


March 31-2009:


Ford & General Motors Car Ownership Proposal STINKS!

Like Hondai, General motors and Ford motor companies want to introduce a new deal with potential car buyers, for the acquisition of a new car, with some guarantees.

Here is the deal:

GM and FORD intends to offer any customer who is employed, or does not envisage being dismissed from his/her employ currently. To be able to get a new car, and will continue to use it even if he or she becomes un-employed some time after this purchase.

This car owner will be able to pay premiums for that vehicle for up to nine months, and GM and FORD will pay the premiums afterwards, if that car owner gets dismissed from his/her job.

But what is not fully explained or clarified are the following:

* Suppose the dismissed car owner finds another job after the nine month period, but his/her wages are small or is not comparable to the wage he/she earned in the previous job?

* Then how will he/she resume the car payments, if his/her wages can barely provide for the basic essentials for livelihood?

* Or if the dismissed car owner finds employment that is temporary, then how is he/she going to continue the payments under that uncertainty, and will GM and FORD, fill in once again if he or she gets dismissed once again?

CONCLUSION:

As far as I see, GM and FORD are trying to cajole potential car buyers to get involve in some transaction with them, that may very well end up sour for those car owners, in this uncertain economic climate. 

As I see it, no one knows when this economy will reach rock bottom, or even if it starts to recover again, how many thousands are already un-employed, and no one knows how fast, how many, or what type of jobs will be available for the reservoir of un-employed masses.

And getting into any kind of car or home ownership program, like the ones above mentioned, will be taking another RISK that no rational person should even consider, much less engage in!

Derryck.
NYC.

Thursday, March 26, 2009

Why Does NATO Need A Missile Defense System?


March 26-2009:


Why Does NATO Need A Missile Defense System?

As I see it, most developed countries in NATO, the US and the UK, have military aircraft that can be launched in seconds to defend large geographic air spaces from incoming missiles. These aircraft have missiles attached to them as part of their defense systems, and can intercept and destroy any missiles incoming, or missile sites if need be.

So why should the US and NATO be contemplating the erection of any 'Radar Defense System' for incoming missiles, in Europe or anywhere around the world?

This to my mind is an act of aggression, in terms of extending one's military power, and aggressive abilities anywhere around the globe. Regardless of how it will be perceived by other nations that feel threatened.

If we should continue along this path, then we are giving those developing countries like Iran, Syria, Israel, North Korea, and others, the right to contemplate sophisticated systems to combat any threat or perceived threat to their territories or allies.

I strongly advocate for the neutralizing of any such treaty, or intent to negotiate any such treaty between any nation or region. 

Especially the USA. Because to continue along this line will inevitably result in the quest for more defense systems, or aggressive systems by all those nations that feel vulnerable to the big powers today!

Derryck S. Griffith.
Educator-Advocate & Blogger.
NYC.
E-mail: comments@whitehouse.gov

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Wednesday, March 25, 2009

How To Interpret The President's Budget Proposals!


March 25-2009:


How To Interpret the President's Budget proposals!


As I see it, if a businessman wants to start or continue doing business. And realizes that in order for his/her business to survive, compete, and maintain the supply of goods and services to it's customers.

Then that business has two options.

!. Re-stock the shelves with more goods, so as to be in a position to supply customer's needs.

2. Or allow the stocked shelves to reach depletion, thus making his/her unable to continue doing business very soon, and possibly going bankrupt.

So it is with the president's budget proposals.

Some Conservative Democrats, and most Republicans are saying, that the president's budget would increase the national deficit to three or more trillion dollars. And would make this country bankrupted very soon.

But what these 'Doom's Day' predictors are not saying to the American people, is that in order for any investor to accrue profit or revenue, he/she has to initiate the Capital down payment in goods and services, and in time, with growing customer patronage, the business will eventually make a profit, which would allow that business to invest some more assets into that business, for a greater output or revenue.

That to my mind is the rationale behind the president's budget, and it makes a lot of sense to me!

Derryck.
NYC.

Tuesday, March 17, 2009

Could The Obama Administration Recoup The 120 Million A.I.G. Payout?











March 17-2009:

Could The Obama Administration Recoup The 120 Million Dividend Payout From AIG?

I don't think that the Obama administration has a valid legal case with AIG, in terms of recouping the 120 million dollar dividends.

Because that was a 'contract of service' that these recipients had with AIG. And asking the recipients to give back or not receive these dividends will be a violation of that contract.

As I see it, if that aspect of the contract was there before the State became the majority stake holder of AIG, then those dividends will have to be re-negotiated, or declared null and void. Because
(I presume), that there would have been the expectation of the Obama administration, that AIG, as recipients of the Public's Money, would not use same to indulge in any monetary transactions that would imply, that they were irresponsible managers of the Public Money or Public trust.

Finally, the recipients of the dividends (if they haven't received it as yet), can refuse to do so, or accept half or part of that payout voluntarily. But it up to them to decide.

Incidentally, stock brokers income are also called dividends. This is just like working from 8.00 am to 4.00 pm on a daily basis. But instead, are paid for their skill at bringing in revenue for their client's investments!

Any action to recoup any dividend payouts might entail a lengthy legal battle with (AIG or the State) vs AIG's clients.

Derryck.
NYC

Saturday, March 14, 2009

Mexican Refugees Into The US & Anti-Mexican Violence!












March 14-2009:

Mexican Refugees Into The US & Anti Mexican Violence!

Recently, we saw on television how South Africans living along the border regions with Zimbabwe, had some very severe altercations with the Zimbabweans, and other neighbors who fled into South Africa to seek refuge from violence and death.

Thousands of Zimbabweans were killed, beaten, severely and bodily wounded, by very angry South Africans who claimed that they (the foreigners), were taking away their jobs, causing South Africans to loose those same jobs to foreigners, who were prepared to work for less.

After some weeks of violence and death had elapsed, the South African government then sent in the military to quell the violence, and create a climate of calm. But the resentment for foreigners are still rife.

Mexican Refugees:

With the ongoing Drug Cartel Wars among themselves, innocent civilians are being coerced, threatened, killed, and homes burnt on a daily basis, in the thousands. Thus creating a regional crisis, especially in Tijuana, the hot spot of this violence for territorial control.

This ongoing war has caused thousands of Mexican civilians and military personnel to seek asylum here in the USA. If this crisis continues, we will indeed have a situation here like in Palestine and Israel, The Sudan and Darfur, Zimbabwe and South Africa.

And the general feeling among many Americans polled currently, is totally against any asylum for Mexicans.

Derryck S. Griffith.
NYC.

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Friday, March 13, 2009

Sauidi Arabia's Masjids Of Reform & Correction!


March 13-2009:


Sending the Yemenese prisoners that are currently housed at Gyantanamo Bay facility to Saudi Arabia?

Yes, the Obama administration is having consultations with the Yemenese and Saudi governments to take the above prisoners. The Saudi's have agreed to take their countrymen, but the Yemenese government is objecting to the suggestion, that these prisoners both (Saudi's and Yemenese) will be sent to Saudi Arabia for re-orientation, and re-education, for re-entry into normal society. 

It is hoped that with this training or indoctrination, these terror suspects will reform their ways.

So far, no hard and fast evidence can be had to validate this lofty idea, and some former inductees were caught engaging in terror after being released from these Masjids Of Correction!

Derryck.
NYC. 

Sunday, March 08, 2009

A Palestinian State Without Israel's Approval!


March 08-2009:

A Palestinian State Without Israel's Approval?
Israel must not be allowed to decide if or when the Palestinians are allowed to create their own state, alongside Israel. Because historically, the USA and her Arab allies seem to feel that without the consent of the Israeli's, Palestine will never become a sovereign state.
If the Obama administration is truly committed in this regard, then the new policy towards Palestine and Israel must reflect a new approach to this question. And must never be construed as business as usual.
Currently, Nathan Yahoo's political inability to form a coalition is still up in the air. And he is very Conservative, which means that he may not be inclined to approve a Palestinian State. Because his position on this issue has never been genuine.
Until the Obama administration have talks DIRECTLY with Hamas. Any Palestinian State is unlikely,
if the Palestinians are still divided politically, and regionally.
Derryck S. Griffith.
NYC.
http://www.whitehouse.gov/contact/

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