Tuesday, April 28, 2009
), author of Crazy Love: Overwhelmed by a Relentless God (crazylovebook.com ).413-423 – Francis Chan. How are you doing at "making disciples?" I'm sure Miles McPherson feels like he's doing pretty good with Carrie Prejean.
428-437 – Brett Harris and his twin brother Alex are the authors of Do Hard Things: A Teenage Rebellion Against Low Expectations, at 16 they launched therebelution.com
with over 20 million so far, an online community where young people encourage one another to do "hard things." The Do Hard Things Tour will be at Calvary Church Santa Ana on Saturday, July 25th. Register at dohardthings.com . 443-452 – • Bloomberg (4/28/09) UAW Said to Get 55% Chrysler Ownership, Board Seats (Update)
. • Financial Times (4/28/09) US to take majority GM stake
. GM will shut 13 of 47 plants resulting in 7,000 job losses. The workforce will shrink from 61,000 last year to 40,000 by 2010. And, they will reduce dealerships from 6,200 to 3,600 by 2010. • Hot Air (4/28/09) UAW to get 39% of GM, Obama administration 50%
. My Summary: Under Obama's plan for the new Government Motors, the total stake by all three owners will be $64 billion, broken down this way. Bondholders will have paid $27.2 billion (42% of the total) and get merely a 10% ownership stake. The UAW will contribute $10 billion (15.6% of the total) and get a 39% ownership stake. The Federal Government will contribute $27 billion (42% of the total) and get a 51% ownership stake.
How can the bondholders contribute 42% and get just 10% ownership?
How can the UAW contribute 16% and get 39%?
How can Obama contribute 42% and get 51%?
The answer? Obama is giving – not selling – GM to the UAW. Obama and the UAW will own 90% of the new Government Motors. This is nationalization of a major industry. Get ready, more is coming.
From the story: The clear goal from the Obama administration is nationalization, in order to protect their relationships with unions, starting with the UAW. The green-car motivation plays a role as well. Obama talked often of the need to overhaul the American auto industry in order to produce energy-efficient cars on renewables. If he owns a majority stake in GM, Obama can make those decisions himself, along with the Democrats in Congress. The federal government never fails to exercise power it grants itself, and anyone who thinks that Obama would not take advantage of that majority position is either drinking the Democratic Kool-Aid or simply hasn't paid attention. If they didn't want the majority position, why did they demand it in this offer to the bondholders, especially since they're not investing any more than the private sector did? They didn't demand that power just to leave it on the sidelines.
), the most widely-read columnist in the English-speaking world and author of one of my all-time most important books, now in paperback, America Alone: The End of the World as We Know It. • Mark Steyn (4/27/09) One Flu over the Kosher Nest
. How come those deadbeats at CAIR weren't on to this before the Jews? The naming of influenzas:
JERUSALEM – The outbreak of swine flu should be renamed "Mexican" influenza in deference to Muslim and Jewish sensitivities over pork, said an Israeli health official Monday.
What about Mexican sensitivities? Undocumented Flu? A Wahhabi health official adds: "But doesn't swine influenza refer to the sinister Zionist influenza on the American government?"
• Mark Steyn (4/25/09) The End of the World as We Know It: Welcome to the "post-American era."
512-523 – Mark Steyn
(:41) Rep Eric Massa (D-NY): Specter & I 'Rejected The Radicalism Of The Talk Show Wing Of The Republican Party'.
• Breitbart (4/28/09) Specter says he's switching from GOP to Dems
. . • Matthew Vadum (4/28/09) Soros Show Trials
. Matthew Vadum is a senior editor at Capital Research Center, a Washington, D.C. think tank that studies the politics of philanthropy. • Michael Barone (4/28/09) Moving Towards Europe -- but Do Americans Want to Go?
• Hot Air (4/28/09) Videos: The real goal of health-care "reform"
.(:52) Barack Obama tells the AFL-CIO in 2003 his goal is a "single payer" health care system, to eliminate private insurers and establish government run health care.
528-538 – Calls. Those of you from countries with socialized medicine, do you think it's an improvement for us to embrace it here in America?
544-554 – Calls
(1:38) Rep. Jan Schakowsky (D-Ill) in Chicago earlier this month tells the audience that the bill is a Trojan horse for single-payer health care. The Obama administration and Congressional Democrats want to pass a $634 billion health-care reform bill that they claim will not crowd out private insurers but will only restructure health-care delivery more rationally. One of its co-sponsors, though, lets the cat out of the bag while drumming up support in Chicago earlier this month. Rep. Jan Schakowsky tells the audience that the bill is a Trojan horse for single-payer, and that she's not interested in waging a "principled fight".
The socialist website Peoples Weekly World certainly understood Schakowsky's message:
Rep. Jan Schakowsky (D-Ill.) and co-sponsor of HR-676 answered criticisms from single-payer advocates. She said the public option is not a compromise, but a strategic step toward the single-payer system and the elimination of the private insurance industry.
The private sector is united in opposing any legislation that would expand publicly funded health care over and against the virtual monopoly of insurance companies.
The public option is simply the opening salvo against the private sector, Schakowsky and other speakers said.
Both Schakowsky and McNary stressed the need for solidarity among health care reform activists, in order to build mass support and momentum toward the goal of a single-payer system.
558-608 – Calls
612-623 – Calls
628-638 – • Albert Mohler (4/27/09) Not Even Close? -- Is America Becoming a Post-Christian Culture?
• Stephen Prothero, USA Today (4/27/09) Post-Christian? Not even close. A high-profile 'religious landscape' survey is said to show that America is rapidly losing its faith in Christianity. One problem: It's not so
. 644-652 – • Detroit News (4/27/09) Wind-tossed chihuahua found safe; owners credit psychic
. 657-700 – • Hot Air (4/28/09) UAW to get 39% of GM, Obama administration 50%
. My Summary: Under Obama's plan for the new Government Motors, the total stake by all three owners will be $64 billion, broken down this way. Bondholders will have paid $27.2 billion (42% of the total) and get merely a 10% ownership stake. The UAW will contribute $10 billion (15.6% of the total) and get a 39% ownership stake. The Federal Government will contribute $27 billion (42% of the total) and get a 51% ownership stake.
How can the bondholders contribute 42% and get just 10% ownership?
How can the UAW contribute 16% and get 39%?
How can Obama contribute 42% and get 51%?
The answer? Obama is giving – not selling – GM to the UAW. Obama and the UAW will own 90% of the new Government Motors. This is nationalization of a major industry. Get ready, more is coming.
From the story: The clear goal from the Obama administration is nationalization, in order to protect their relationships with unions, starting with the UAW. The green-car motivation plays a role as well. Obama talked often of the need to overhaul the American auto industry in order to produce energy-efficient cars on renewables. If he owns a majority stake in GM, Obama can make those decisions himself, along with the Democrats in Congress. The federal government never fails to exercise power it grants itself, and anyone who thinks that Obama would not take advantage of that majority position is either drinking the Democratic Kool-Aid or simply hasn't paid attention. If they didn't want the majority position, why did they demand it in this offer to the bondholders, especially since they're not investing any more than the private sector did? They didn't demand that power just to leave it on the sidelines.
• Mary Ann Glendon, First Things (4/27/09) Declining Notre Dame: A Letter from Mary Ann Glendon
. • Barna (4/27/09) America's Seven Faith Tribes Hold the Key to National Restoration
.• Stratfor (4/28/09) Geopolitical Diary: Mexico's Flu Mortality Rate
. • Dennis Prager (4/28/09) Nine Questions the Left Needs to Answer About Torture
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