Sunday, September 18, 2011

Play-Doh or Silly Putty?

SEPTEMBER 18, 2011

BRUCE A. BRENNAN BLOG FROM THE WORLD AND MY MIND

The news as I see it and the views as I want them.

September 18 is … National Play-doh Day

Which old toy did you like better, Play-doh or Silly Putty? I was a Silly Putty guy.

Who better to talk about stupid decisions than former President Jimmy Carter. He has four years of stupid decisions to use as a guideline. At the 30th annual Carter Town Hall on Wednesday, former President Jimmy Carter told his audience he thought the Supreme Court decision to roll back restrictions on corporate spending in federal campaigns was "one of the stupidest rulings ever consummated or perpetrated on the American people."

The Citizens United ruling was decided 5-4 in 2010 and received criticism for allowing a flood of special interest money in politics. President Barack Obama was a major critic, saying the decision was "a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans."

Carter also discussed the 2012 election and the atmosphere in Washington during the talk, noting that he would not be interested in being president today, The Emory Wheel reports.

When asked about the 2012 presidential election, Carter said he has not had "any time to waste" on the Republican debates, but noted it is his belief that Rick Perry is leading the race so far. He added that the Texas governor's doubts on the theory of evolution and position on Social Security would keep him from winning the GOP nomination.

Despite saying he wouldn't side with any particular presidential candidate, Carter did say he would be happy to see Mitt Romney win the primary during an appearance on MSNBC's "The Rachel Maddow Show" on Thursday.

"I'm not taking a position, but I would be very pleased to see him win the Republican nomination," Carter said of Romney, adding that he doesn't "think anybody's going to beat Obama next year."

He may prove to be correct on the re-election of President Obama but right now it does not look that way. I wish he would pass around his Kool-Aid. Carter likes Obama because it keeps him before the public’s eye building housing for the poor. More housing for the poor is needed, with Obama driving the boat. The biggest wave of this recession has not hit yet.



From this week’s Harper’s Weekly roundup of news comes this bit of news. A poll of 30,000 people in 15 countries found that the world
still thinks America is the coolest, and in St. Petersburg,
Florida, a blood-covered, half-naked 22-year-old woman was
arrested for biting the face and arm of a 69-year-old man
who had been sleeping in a motorized wheelchair in front of
a Hooters. "I'm a vampire," the woman said, according to an
affidavit. "I am going to eat you." Police in Ogden, Utah,
responded to a report that a man was slaughtering a cow in
his driveway. "The cow was in the process of losing its
head," said officer Troy Burnett of the scene upon his
arrival. "It's not illegal, but it's absurd that people
would think slaughtering a cow in their driveway is okay.
Maybe on the west side of the county on one of the farms."
Harbor, an eight-year-old black and tan coonhound from
Boulder, Colorado, set the record for longest ears on a dog,
a Swedish elk was found drunk up a tree after eating too
many fermented apples, and Filipinos captured a
20-foot-long, 2,370-pound crocodile--the largest on record,
though a larger one was believed to be at large. A
maintenance worker in Yuma, Arizona, may have caused a power
failure that affected nearly 6 million people in California,
Arizona, and Mexico; Google was found to be using more
electricity than Salt Lake City; and the Federal Trade
Commission halted the sale of AcneApp and AcnePwner, two
smartphone apps that claimed to treat acne, one of them
using red and blue lights. "Smartphones make our lives
easier in countless ways," said FTC chairman Jon Leibowitz,
"but unfortunately, when it comes to curing acne, there's no
app for that."

Just a couple of thoughts I had and you should too or at least think about.

BRUCE A. BRENNAN

DEKALB, IL 60115

COPYRIGHT 2011



VISIT ANY OF THE SITES LISTED FOR REVIEW, RESEARCH, ORDERING MY WRITING PRODUCTS OR TO CONTACT ME.













Go to web sites below to buy books by Bruce A. Brennan. It is still a good time to purchase any of my books. The books are interesting and inexpensive reads. My third book should be available later this year, in late 2011. More information will be forthcoming.



www.ebookmall.com (Do search by my name or book Title)

www.barnesandnoble.com (do a quick search, Title, my name)

www.smashwords.com Do a Title or author search.





Book Titles:



Holmes the Ripper



A Revengeful Mix of Short Fiction



"Power tends to corrupt, and absolute power corrupts absolutely." - Lord Acton






Saturday, September 17, 2011

The cat fight is on.

SEPTEMBER 17, 2011

BRUCE A. BRENNAN BLOG FROM THE WORLD AND MY MIND

The news as I see it and the views as I want them.

September 17 is … National Apple Dumpling Day



This seems a little weird but that is why life is so interesting. What are the odds?



On the 10th anniversary of the Sept. 11 attacks on Sunday, horses wearing the numbers 9, 1 and 1 won the first three races at Belmont.

The New York City track served as one of the staging areas for workers and emergency vehicles in the days following the destruction of the World Trade Center.



Actually, the pick three paid $18.60 for a $2 bet.



Lottery players weren't so lucky, but the 9-1-1 combination proved more irresistible than ever. Carolyn Hapeman, a spokeswoman for the New York State Lottery, said that combination for both the midday and evening "Numbers" draw was sold out by 8:30 a.m. on Sept. 5 for every twice-daily drawing right through Sept. 12.

The 9-1-1 pick has been a popular option for lottery players, just like 1-1-1 or 7-7-7, and sells out every day, she said. She didn't recall a time when it sold out for seven straight days ahead of time. The two draws on Sunday came up 1-0-8 and 5-4-3.



The odds are always 1,000-to-1 for any three-number combination of numbered balls to randomly pop out of the machine, but 9-1-1 did come up on one other auspicious date: Sept. 11, 2002, the first anniversary of the attacks.



This is another reason we play the games; somebody has to win.



In an obvious red herring, one bank is pointing the finger at another bank as the government points it finger at all banks and the citizens point their finger at the government. Somebody was the bad guy in this but the blame game seeks to hide the truth.



JPMorgan Chase & Co (JPM.N) was sued by Wells Fargo & Co (WFC.N), which seeks to force it to buy back more than 800 soured mortgage loans that it oversees as trustee.



In a complaint made public on Wednesday in the Delaware Chancery Court, Wells Fargo accused JPMorgan's EMC Mortgage LLC unit of refusing its demands that EMC buy back the loans, which were contained in Bear Stearns Mortgage Funding Trust 2007-AR2. JPMorgan bought Bear Stearns and its EMC unit in 2008. In the complaint, Wells Fargo said EMC and its affiliates routinely approved mortgage loans despite "clear defects" in loan applications, including faulty appraisals and inflated borrower incomes.



It also said a forensic review showed that EMC breached representations and warranties on 89 percent of a sample of 948 of mortgage loans. "The loans have been plagued by an alarming rate of defaults and foreclosures," Wells Fargo said. JPMorgan spokesman Patrick Linehan declined to comment. Trustees such as Wells Fargo act on behalf of investors in securities backed by underlying loans.



Some such as Wells Fargo and US Bancorp (USB.N), which sued Bank of America Corp (BAC.N) last month, have taken legal action against other banks when they believe misrepresentations have been made regarding the securities.



JPMorgan is the nation's second-largest bank by assets, while Wells Fargo is the fourth-largest. Wells Fargo is also the largest U.S. mortgage lender.



This sure reminds me of the Gulf oil soil in the Gulf of Mexico. BP made all kind of promises and assurances while the news cameras were still pointed at them. Now, each of the parties involved, BP, Haliburton, the rig owner, the State government and the Federal government are blaming each other. The buck has to stop somewhere.



I have never been good at three-card monty but I know the game when I see it.



Just a couple of thoughts I had and you should too or at least think about.

BRUCE A. BRENNAN

DEKALB, IL 60115

COPYRIGHT 2011



VISIT ANY OF THE SITES LISTED FOR REVIEW, RESEARCH, ORDERING MY WRITING PRODUCTS OR TO CONTACT ME.













Go to web sites below to buy books by Bruce A. Brennan. It is still a good time to purchase any of my books. The books are interesting and inexpensive reads. My third book should be available later this year, in late 2011. More information will be forthcoming.



www.ebookmall.com (Do search by my name or book Title)

www.barnesandnoble.com (do a quick search, Title, my name)

www.smashwords.com Do a Title or author search.





Book Titles:



Holmes the Ripper



A Revengeful Mix of Short Fiction





"Happiness makes up in height for what it lacks in length." - Robert Frost




Friday, September 16, 2011

Happy Feet or Happy Meal?

SEPTEMBER 16, 2011

BRUCE A. BRENNAN BLOG FROM THE WORLD AND MY MIND

The news as I see it and the views as I want them.

September 16 is … Stay Away From Seattle Day and Collect Rocks Day



Somebody does not like Seattle. Glenn collects rocks but not in Seattle.



Happy Feet, the penguin that turned up over a thousand miles from his normal habitat this summer, was released into the ocean to return to his homeland late last week. He had apparently had a hard time distinguishing rocks from snow. His stomach was full of sand the experts determined he ate thinking it was snow. Unfortunately, hs luck may have run out.



The wayward penguin known as "Happy Feet" is missing in the Southern Ocean. He is now known as Happy Meal. RIP

Experts tell The Associated Press the most likely scenario is that the emperor penguin's satellite transmitter fell off. The small unit was attached to his feathers with super glue and was designed to fall off when he molted early next year. But the unit stopped transmitting Friday, just five days after the penguin was released into the sea south of New Zealand .



Other possibilities are that Happy Feet was eaten by an orca or a leopard seal; that he died of natural causes; or that the transmitter malfunctioned. The aquatic bird was discovered on a New Zealand beach in June. He became sick from eating sand which he likely mistook for snow, but was nursed back to health over two months at the Wellington Zoo. Veterinarians repeatedly flushed his stomach to remove sand and fattened him up on a diet of fish. After he was released from the deck of a research vessel, Happy Feet's satellite tracker showed that he swam in a meandering route, ending up about 75 miles (120 kilometers) southeast of where he began when the last transmission was received Friday morning. Experts say his looping pattern was typical for a penguin chasing fish.

Kevin Lay, a consultant at the company Sirtrack which attached the tracking device, said staff have gone over diagnostics from the tracker and it appears it was functioning well until the last transmission. Lay said the tracker needs to be above the water's surface to transmit. Because penguins surface regularly to breathe, that hadn't proved a problem until Friday. "We think the most likely scenario is tag detachment," Lay said. "The intention was always that the transmitter would fall off." That's the scenario favored by Peter Simpson, a program manager at New Zealand's department of conservation. "Who knows? He's probably swimming along quite happily without a transmitter on his back," Simpson said.



"I'm still confident we did the right thing by releasing him back into the wild," Simpson added. "He's a marine bird and he's designed to swim and he's designed to live in the ocean." Scientists say there's an outside possibility they may again hear from Happy Feet. The penguin also has been fitted with a transponder chip under his skin, similar to those used to identify household cats and dogs. The chip will be activated if the penguin turns up near certain monitored emperor colonies in Antarctica . Because Happy Feet is believed to be about 3 years old, it could be a year or two before he would arrive in an Antarctic colony to breed — if he is still alive. New Zealand penguin expert Colin Miskelly said it's time to face facts. "It's unlikely that we will ever know what caused the transmission to cease," Miskelly wrote on his blog. "But it is time to harden up to the reality that the penguin has returned to the anonymity from which he emerged."

Just a couple of thoughts I had and you should too or at least think about.

BRUCE A. BRENNAN

DEKALB, IL 60115

COPYRIGHT 2011



VISIT ANY OF THE SITES LISTED FOR REVIEW, RESEARCH, ORDERING MY WRITING PRODUCTS OR TO CONTACT ME.













Go to web sites below to buy books by Bruce A. Brennan. It is still a good time to purchase any of my books. The books are interesting and inexpensive reads. My third book should be available later this year, in late 2011. More information will be forthcoming.



www.ebookmall.com (Do search by my name or book Title)

www.barnesandnoble.com (do a quick search, Title, my name)

www.smashwords.com Do a Title or author search.





Book Titles:



Holmes the Ripper



A Revengeful Mix of Short Fiction



"Strangely enough, this is the past that somebody in the future is longing to go back to." - Ashleigh Brilliant












Thursday, September 15, 2011

Is Obama all hat and no cattle?

SEPTEMBER 15, 2011

BRUCE A. BRENNAN BLOG FROM THE WORLD AND MY MIND

The news as I see it and the views as I want them.

September 15 is … Felt Hat Day



I do own a felt hat but I have a couple made out of beaver skin. I do not wear any of them that often except when I am camping but my youngest son wears fedoras quite often.



President Obama and the Democrats got a small look at the future on Tuesday when Republicans won two special elections for seats in the House of Representatives. One seat, from Nevada, was projected to go /republican; the seat had never been won by a Democrat. The other seat, in New York, to replace Anthony Weiner, the disgraced sexting twitter star, was won by a Republican in an unexpected landslide. The seat had been held by a Democrat for nearly a century but no more.



There was more bad news for President Obama on Tuesday. Bank of America took billions and billions of dollars of taxpayer’s money to remain in business. They apparently needed new management more than money. On the day after President Obama presented his job program to Congress, Bank of America gave the finger to the President, the Congress and the United States citizens when it announced a massive layoff.



As companies closing shop or cutting costs stoke recession fears, the return of mass layoffs may be the U.S. economy's greatest concern.

On the same day that President Barack Obama submitted the American Jobs Act to Congress, his plan to stimulate an ailing labor market, Bank of America announced it will lay off 30,000 employees due to restructuring. That's the largest layoff announcement in the country this year, according to outplacement consulting firm Challenger, Gray & Christmas.



The bank's decision may not be the largest single layoff announcement in recent years -- that distinction belongs to Citigroup's November 2008 slashing of 50,000 jobs -- but in an economy that Nobel Prize-winning economist Paul Krugman says has a 50 percent chance of falling back into recession, it's cause for concern. And Bank of America's announcement is only the latest layoffs news. Companies like pharmaceutical giant, Merck and Co., Borders and Cisco Systems Inc. already made large layoff announcements this year. U.S. Postal Service officials said earlier this month that they would slash their workforce by 20 percent.



Even less encouraging, small businesses laid off workers for the third straight month in August, after planned job cuts surged to 66,414 in July, a 16-month high. Still, signs for optimism do exist on the layoffs front, as planned jobs cuts fell by a nearly a quarter in August. If only the country could create some jobs too. Bank of America's announcement that it plans to shed 30,000 jobs doesn't address the bank's most pressing concerns, experts said Monday.



The job cuts come as part of an initiative known as Project New BAC, the first phase of which aims to save $5 billion in annual costs by 2014, the bank announced Monday. But shareholders have been preoccupied in recent months with something other than overhead costs -- namely, the lawsuits from investors and government regulators that potentially threaten the bank with billions in losses. The company's stock price has fallen about 50 percent this year as speculation has swirled that it doesn't have enough capital to defend against losses, despite the bank's persistent statements to the contrary.

But experts say Project New BAC, which also included a shake-up of top management, doesn't address these legal concerns -- and say it may be for naught.



President Obama has a tendency to talk about Warren Buffet in many of his speeches. A few months ago, Warren Buffet came out and invested 5 billion dollars in Bank of America. He used this grand gesture as publicity to show his patriotism. If you had followed his lead and bought B of A stock, you would have enjoyed a quick increase in stock value but that only lasted a few days. The stock is now worth less than the day Mr. Buffet bought it.



Being a major player in the ownership of Bank of America, it seems obvious he would have been involved in this decision. His ownership interest also puts him in a great position to be the white knight that ‘saves’ the company, at a small per centage of the value using his ownership as his down stroke.



I wonder if President Obama is going to lavish Mr. Buffet with praise for his getting involved with Bank of America now?



More trouble for President Obama with his health care law. In what seems to be a continuing theme in legal challenges to the Obama Health Care law, It has once again been held unconstitutional. The United States Supreme Court should cut through the red tape and take the appeal immediately.



The requirement in the national health-care overhaul law that individuals buy health insurance is unconstitutional, a federal judge in Pennsylvania ruled Tuesday in a question that the U.S. Supreme Court is widely expected to settle. The ruling by Judge Christopher C. Conner in Harrisburg was issued in one of more than 30 lawsuits nationwide that have been filed over the 2010 law that is President Barack Obama's signature initiative. It was filed by a Pennsylvania couple who do not have health insurance, but believe they would be subject to the mandate.



Conner, who was appointed to the federal bench in 2002 by President George W. Bush, said the mandate that individuals buy health insurance or pay a penalty starting in 2014 is an unconstitutional extension of authority granted to the federal government under the Constitution's commerce clause. "The nation undoubtedly faces a health care crisis," Conner said. "Scores of individuals are uninsured and the costs to all citizens are measurable and significant. The federal government, however, is one of limited enumerated powers, and Congress's efforts to remedy the ailing health care and health insurance markets must fit squarely within the boundaries of those powers."



The power to regulate interstate commerce, Conner wrote, does not include the power to dictate a lifetime of buying health insurance. Left standing, such a requirement would effectively sanction Congress's exercise of police power, he wrote.



Just a couple of thoughts I had and you should too or at least think about.

BRUCE A. BRENNAN

DEKALB, IL 60115

COPYRIGHT 2011



VISIT ANY OF THE SITES LISTED FOR REVIEW, RESEARCH, ORDERING MY WRITING PRODUCTS OR TO CONTACT ME.













Go to web sites below to buy books by Bruce A. Brennan. It is still a good time to purchase any of my books. The books are interesting and inexpensive reads. My third book should be available later this year, in late 2011. More information will be forthcoming.



www.ebookmall.com (Do search by my name or book Title)

www.barnesandnoble.com (do a quick search, Title, my name)

www.smashwords.com Do a Title or author search.





Book Titles:



Holmes the Ripper



A Revengeful Mix of Short Fiction



"Observe diners arriving at any restaurant and you will see them make a bee-line for the wall-seats. No one ever voluntarily selects a centre table in an open space. Open seating positions are only taken when all the wall-seats are already occupied. This dates back to a primeval feeding practice of avoiding sudden attack during the deep concentration involved in consuming food." - Desmond Morris














Wednesday, September 14, 2011

The first shoe dropped!

SEPTEMBER 14, 2011

BRUCE A. BRENNAN BLOG FROM THE WORLD AND MY MIND

The news as I see it and the views as I want them.

September 14 is … National Cream-filled Donut Day



President Obama said his jobs program would pay for itself. On Monday, he announced a series of tax increases designed to pay for his program. Unless he is going to pay all of these taxes himself, his program is going to be paid for by the working Americans already hurting.



The Obama administration announced on Monday a series of tax policy changes that officials say will pay for the costs of the president's job creation plan. The provisions, announced by Office of Management and Budget Chair Jack Lew, would raise a projected $467 billion over the course of 10 years. The American Jobs Act, as outlined by the president last week, will cost an estimated $447 billion.



The proposals being made by President Obama are merely old ideas being repackaged. The tax increases are also old proposals already rejected by Congress. The President offered nothing new and it took him three years to come up with this failure. Obama has timed the jobs program to provide the Democrats with the most political cover. Congress will reject his plan and the Republicans will be blamed. The tax increases will fail and the Republicans will be accused of protecting the wealthy.



If the jobs plan passes and works, one of the major components would be giving teachers more jobs. By the time any law is passed and implemented, nearly a year will pass meaning the teachers will be going back to work in August 2012, three months before the election. Coincidence I am sure, not politics.



The president is set to offer those pay-fors as part of a larger package of debt and deficit reduction measures that he will present to the congressional committee tasked with finding $1.5 trillion in savings. Whether the committee incorporates those measures is up to them, Lew said. If they choose not to, however, the administration said it would welcome Congress as a whole taking up the proposal.



The provisions the White House is offering as an offset are largely rehashes of tax policy changes that the president has pushed before. The primary piece would be to limit itemized deductions for individuals making over $200,000-a-year and families making over $250,000 -- which Lew said would raise $400 billion over 10 years. Another pay-for would be to treat carried interest as ordinary income rather than capital gains, which Lew said would raise $18 billion. The White House is also calling for the end of tax subsidies for certain oil and gas companies, which the administration believes would raise $40 billion and the axing of a tax break for corporate jet owners, which it believes, could save $3 billion. "The kinds of provisions we are talking about changing we don't believe will cause a reduction of any kind of economic activity or job loss," said Lew. "In terms of timing, these provisions don't take effect until January 2013," he added, emphasizing the long-term nature of the off sets. "It is very consistent in paying for an immediate jobs and growth package."



By offering specific ways to pay for the American Jobs Act, the White House is fulfilling an early promise from when he began the latest pivot to job-creation: mainly that anything he proposed wouldn't increase the deficit. But in coming out with a plan of his own (rather than, say, asking the super committee to find the money for the bill), the administration risks handing the GOP a cudgel of its own. The tax provisions that Lew outlined all have been offered, to some degree, in the past, only to be summarily castigated as hikes and shelved by Democrats and this president. The administration also may be making the super-committee's job a touch harder. If those specific tax policy changes are used to pay for the jobs act, that means that committee members can't double dip -- i.e. use the same measures to achieve their $1.5 trillion in savings. Lew, for his part, downplayed that potential issue, noting that the president will outline a large deficit and debt reduction package that "will achieve beyond the targets beyond what the joint committee has, fully pay for the jobs package and stabilize the deficit and debt in the ten year window."



Just a couple of thoughts I had and you should too or at least think about.

BRUCE A. BRENNAN

DEKALB, IL 60115

COPYRIGHT 2011



VISIT ANY OF THE SITES LISTED FOR REVIEW, RESEARCH, ORDERING MY WRITING PRODUCTS OR TO CONTACT ME.













Go to web sites below to buy books by Bruce A. Brennan. It is still a good time to purchase any of my books. The books are interesting and inexpensive reads. My third book should be available later this year, in late 2011. More information will be forthcoming.



www.ebookmall.com (Do search by my name or book Title)

www.barnesandnoble.com (do a quick search, Title, my name)

www.smashwords.com Do a Title or author search.





Book Titles:



Holmes the Ripper



A Revengeful Mix of Short Fiction



"Life shrinks or expands in proportion to one's courage." - Anais Nin