Thursday, November 18, 2010

GM, Palin and the TSA

These thoughts are mine. They may be shared by many but I am speaking for myself. If you are offended, it was not intentional. If you continually get offended by my positions and opinions, you should change, I doubt I will.

NOVEMBER 18, 2010

I sure am glad I am not flying this Thanksgiving holiday. I think it is going to be a mess with plenty of mad people, some mad at the government, some mad at the civil disobedient and some are just always mad. I will stay at home and find a normal reason to be mad at a holiday tradition I have never liked and never will.

Some government employee just stopped by my house and demanded I allow him to feel me up. I introduced him to two of my friends, Smith & Wesson. If anyone except a government employee touched people the way we are being touched now, they would be arrested…or shot. Perhaps the Homeland Security Department should try to hire priests for these pat-down jobs. It might prevent crime outside of the airport.

The group that manages Michael Jordan’s Steakhouse in New York City is Bankrupt. Michael Jordan is not, just one of the many companies that pay him to use his name and likeness. He might lose a little money but he should be able to pull through OK.

Sarah Palin thinks she can win the presidency in 2012. She is going to change the name of her TV show from “The Last Frontier” to “Fantasy Island” I can hear it now; “Dee Palin. Bee Palin” being yelled by a ‘little person’ every episode, speech, election and airport.

General Motors announced its IPO, initial public offering, will sell the new shares it is printing at $33.00 a copy. Experts thought the price would be around $28.00 to $31.00. GM expects to raise 23 billion dollars through the IPO and preferred stock it is also offering. The money will not be used to pay back the U. S. Government, which owns around 61% of the company from the Detroit bailout. So far, GM has returned nearly 10 billion dollars to taxpayers of the 60 billion dollars we were owed.

The purchase of the stock at the IPO price should be a good investment if done quickly. It is anticipated the price for the IPO will rise 10%-to 20% in value on the first day of trading. IPOs have a history of rising on day one and falling back quickly.

Qantas says up to half of the Rolls Royce engines on its fleet of Airbus 380s need to be replaced. The total could top 40 engines. I suspect a selloff of Rolls Royce and Qantas stock today. One if not both of these companies will not survive this problem.
The head of the TSA said his agency will not back down on the full body scans or hands-forward pat downs. Isn’t it great to have government bureaucrats, who work for us, that listen to the public. Of course he went through the procedure before cameras to show us how non-invasive it is. Funny thing is he did not wait in line at O’Hare Airport at 7:00 a.m. on a Monday, anonymously, and go through the same search the flying public experiences. Get real, buddy.



Notable births on this date:

1901 George Gallup Jefferson Iowa, public opinion pollster (Gallup Poll)
1908 Imogene Coca Philadelphia PA, comedienne (Your Show of Shows, Grindl)
1909 Johnny Mercer Savannah GA, lyricist (Moon River, That Old Black Magic)
1923 Ted Stevens (Sen-R-Alaska)
1928 Mickey Mouse cartoon strip
1951 Mark N Brown Valparaiso In, Major USAF/astronaut (STS 28, STS 48)
1956 Tony Franklin NFL kicker (Philadelphia Eagles, New England Patriots)
1966 Gwendolyn Hajek Shreveport La, playmate (September, 1987)
1969 Cheryl Bachman Jacksonville FL, playmate (October, 1991)

Notable deaths on this date:

1886 Chester A Arthur (21st President), dies in NY at 56
1946 Donald Meek Glasgow Scotland, actor (Stage Fair, Stagecoach)
1962 Niels Bohr physicist who won the Nobel Prize in 1922, dies at 77
1969 Joseph P Kennedy dies in Hyannis Port, Massachusetts, at 81
1970 Hal Dickinson singer (Modernaires), dies at 56
1978 Leo J Ryan (Rep-Cal) & 4 killed in Jonestown, Guyana by members of
           Peoples Temple, followed by ritual mass suicide of 912 member
1982 Donald Dillaway actor, dies at 78

Notable events on this date:

1307 William Tell shoots apple off his son's head
1776 Hessians capture Fort Lee, NJ
1883 Standard time zones established by railroads in US & Canada
1928 Walt Disney's Mickey Mouse debuts in NY in "Steamboat Willie"
1936 Main span of Golden Gate Bridge joined
1940 George Matesky Mad Bomber's first time bomb
1964 J Edgar Hoover describes Martin Luther King as "most notorious liar"
1990 Saddam offers to free an estimated 2,000 men held in Kuwait
1991 France deports Marlon's daughter Cheyenne Brando to Tahiti
1991 Muslim Shites release hostages Terry Waite & Thomas Sutherland
Don’t forget to buy my book. They are going fast. More on that will be coming soon.
BRUCE A. BRENNAN
DEKALB, IL 60115
COPYRIGHT 2010

Email: brucebrennanlaw@aol.com
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