While GM and Ford’s stocks are plummeting to the bottom(the worst since 1950), GM states that “bankruptcy is not an option” as they still have billions of cash in hand. (which is washing away rather quickly)

Here’s an excerpt from LA Times:

“We face unprecedented challenges related to uncertainty in the financial markets globally and weakening economic fundamentals in many key markets,” Renee Rashid-Merem, a GM spokeswoman, told Bloomberg News on Thursday. “But bankruptcy is not an option GM is considering.”

According to Clark, a bankruptcy filing would probably have terrible effects on the residual value of cars and their warranties, making it even harder to sell new cars as consumers gravitate to other, more stable carmakers. That, he said, means that carmakers would choose to stay out of bankruptcy far longer than companies that might normally see it as a way out of untenable financial straits.

I think it’s a good thing that GM is trying to outlast this economic disaster, but I wouldn’t want to see any of my tax dollars going to fix their problems. As a owner of a GM car, I am sure my replacement parts and warranties would really be gone into the thin air, but this shouldn’t be a reason why Uncle Sam should help the big car companies.

My thoughts are still clear that business financials should not be paid for my U.S. citizens. It’s an outrage when that happens as I too, should be getting my expenses paid by the government.

I don’t think helping the car companies will do a great deal other than keeping them alive little bit longer (in case we happen to see Depression-era here in the U.S.).  Better way would be to let them go bankrupt, let’s focus our attention on the other 90% of U.S. economy and all the people who have lost jobs as of lately.

GM should help others before they ask the government for help, otherwise, it’s a bad business anyways.

Do you want to pay $20 billion to auto-makers out of your tax dollars?  Heck no, I worked too hard for the last couple years paying those ridiculous taxes that went into wars because of Bush.  Yes, I do deserve money before those big corporations, don’t you?

via autoblog

Well, I did get a little harsh on Palin the other day, our reader Nicole Price from GreatPricesHere.com left a comment that did get my attention and I’ve had enough of this Political drama between Obama and McCain.

Frankly, I take no sides in this political campaign but McCain is too OLD to be President.

I really like how McCain answer gay marriage question, couldn’t he just say that gay marriage should be allowed since if it’s not, it’s a prejudice against sexual orientation, thus against U.S. Constitution?

Here’s a funny clip from Saturday Night Live where McCain says being old is one of the characteristics a President should have.

Well, I think being old has nothing to do with ANYTHING.  Look at Tiger Woods, he beat the crap out of everyone who’s OLD, made a new game out of golf.

Well, I am not taking sides here but McCain is definitely not it, I just don’t want to see another Bush marathon of U.S. economy collapse and $700 billion spent on rich people.  Just think about what happened yesterday when AIG decided to use $400,000 on corporate outing when their company is part of that $700 billion that I might be paying for!  Here’s the protest video.  I even predicted this couple days ago…

Okay, now you can tell me why you want to vote for Obama or McCain.  Let me go on blogging again now.

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GO BAIL OUT BS!GO BAIL OUT BS!GO BAIL OUT BS!

Although I thought Bush was going to go away quietly this year but apparently not, starting with things that I just can’t seem to understand.

Needless to say, Bush signs another bill that will pretty much make it legal for the government to spy you with better equipment and there goes more tax dollars.

I know national security is a big issue but Bush just seems to do more stuff that remind me more of Hitler than an American president.

My last words for the worst president in history of U.S. who did fuc* it up just before he leaves:

Dumbass, wars create jobs but they won’t last long, peace creates better international relations and we wouldn’t have to worry so much about other countries trying to bomb us.

What you give, you shall receive.  How many innocent lives did American soldiers kill?  Yes, that’s how many innocent Americans might get killed too in the future because of your dumbass. Thanks for putting us in the state of economic and financial vulnerability.  No offense to American soldiers who are working their asses off but hey, you are working for the wrong leader right now.  (at least until Obama comes up)

An appropriations bill signed by President Bush last week allows the controversial National Applications Office to begin operating a stringently limited version of a program that would turn military spy satellites on the US, sharing imagery with other federal, state, and local government agencies. The government’s own watchdog agency, the Government Accountability Office, has warned in an unpublished report that the more expansive program in the offing lacks adequate safeguards to protect privacy and civil liberties.

via arstechnica

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A skatboarder in Germany achieved 50MPH+ on the highway.  The German government is still trying to track down the person who did it to put him in jail but I think they should give him an award instead.

A video of the skateboarder, broadcast on German television networks on Wednesday, showed a helmeted figure wearing a red and white protective suit building up speed by holding onto the back of a motorcycle before letting go and freewheeling.

“We put out an all-points bulletin and have received information that gives us useful clues to who the man may be,” Stoeckle said. “We are particularly concerned about copycats who may imitate the stunt, putting their lives at risk.”

via declubz, reuters

Our President Bush, the most miserable failure in history of the United States, decides to sign another bill that will allow automakers to borrow $25 Billion, adding to the national deficit of $700 billion.(or is it $800 billion)

Whatever the case is, this is kind of an outrageous stuff because I would have never voted for this bill to pass.  I don’t see how pumping more money into the auto industry will help our economy, maybe create more factory jobs.

While the U.S. banking industry is still waiting for Congress to give it a $700 billion hand, President Bush signed into law last night the spending bill that gives U.S. automakers $25 billion in loans to get their collective act together.

But unlike when a bank deems you worthy of their money, the Big Three won’t be getting any cash for some time. Despite the companys’ CEOs saying repeatedly how they were desperate for help and how automotive life as they know it would end if they didn’t get financial help, there’s at least a 60-day delay until they can cash this check.

This is exactly the reason why our economy is failing and getting worse.  Can someone please give George Bush a blowjob tomorrow so we can impeach the day after that?  Another miserable failure act from the worst President in history who has his name more associated with the sewer plant in San Francisco than any kind of brains.

via autoblog

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Here’s the video of Presidential Debate from last night.  Who do you think won the debate?

Well it comes to us no surprise that one of the Presidential nominees McCain does not know how to use a computer. (For god sakes he’s 72 years old! Let’s hope he doesn’t have a heart attack before the elections)

If we are going to have a computer-illiterate McCain as President, we might as well have this 102 year old woman who has her own Facebook.

What I don’t understand is that McCain has all the money in the world but doesn’t know how to use the computer???  Even my girlfriend “was” a computer illiterate until she started browsing the web for her favorite celebrities and whatnot.

I don’t mind that you can’t type but for god sakes, at least get one of those voice recognition software.  No wonder all those “you suck” e-mails I sent to McCain never got read.  (Darn!)

Okay, enough for political bashing, I guess I am more for Obama at this point, it was always Hillary or Obama for me anyways, no more republicans in the house plz!

via valleywag

Isiah Johnson of Chevy Chase, Maryland, was busted by a GPS equipped turtle, who is obviously good at finding his own stash to eat. (or do turtles smoke too?)

Too bad he isn’t a medical marijuana card holder living in San Francisco (he’d have been legally allowed to grow like 5-10 plants), he is stuck with Maryland’s gay laws and probably head to jail or probation at the least.

A Chevy Chase resident was arrested last week in connection with a marijuana field growing in Rock Creek Park south of the Maryland line.

Isiah Johnson, 19, a resident of the 2300 block of Washington Avenue, was charged July 30 with possession of marijuana with intent to distribute after United States Park Police discovered 10 marijuana plants growing in a remote part of the park.

via neatorama, gazette

Not sure how well these bullet-proof bras would work in real life but it surely doesn’t look like too much protection in comparison with the metal bra.

These bullet-resistant bras are made available for 3,000 German police women who are in front-line duty. If a female office is shot wearing just a bullet-proof vest, she can suffer from injuries sustained from metallic or plastic parts of ordinary underwear. The new bras, however, are shielded and mainly made of cotton, polyester, spandex and polyamide.

via newlaunches - gizmodiva