VISANET bigger

I need to learn how to make my links work.  But here is what got my attention today:

http://www.bnamericas.com/news/banking/Securities_regulator_says_VisaNet_IPO_even_bigger_at,33bn

This is a credit card company that specialized in Brazil.  It is making huge profits.  Not a bad thing.  But I think How?  Brazil is not a wealthy country.  So the debt that the people hold still needs to be paid back.  Right?

From the Article-

"Although the IPO showed strong demand, some brokerages that were banned a day before the IPO closed on June 25 expressed confusion about the regulatory environment."

Regulations are mandatory to regulate the companies, to protect them and the consumer.  Free Markets only really work with some basic rules or greed takes over, as seen on Wall street recently.  I am sure the company adapt, because if it does not then both company and consumer can be harmed.

My week in Review

To sum up this week, would be difficult.  I'll try.

There were bombings in Pakistan, finding out about beef export taxes in Argentina, Laura Ling and Euna Lee have not been released, the governator threatens to veto a temporary budget fix, insurance companies making profits off of the sick, and Jon & Kate getting divorced.

There were three deaths, Ed McMahon, Farrah Faucet and Micheal Jackson.

I discovered Twitter and started three web stories: Tome Keeper, Daeva of Desire, and Treasure Of Space.  I have been posting the stories in installments.  

Iran has not settled down, which is good, the people need to be heard.

This has been some week.  

I'll go looking for a headline to talk about after posting this.

Governator will VETO budget fix

I just took this off Twitter.  I know everybody else is morning the two entertainers that died, Michael Jackson and Farrah Faucet, but I think this is just as important.

The governator has decided the bankrupt state of California budget is not what he approves of, he just announced a few minute ago this:

"SchwarzeneggerAssembly passed partial quick budget fix. I told them I won't sign a plan that doesn't solve the problem so I'll veto it if it comes to me.

3 minutes ago from web"
I cannot believe this.  California needs a budget.  I think this is a mistake.

Who would've thunk, Insurance Companies like Profit

Health insurance companies making money by making patients pay bills.  Those bills that the company covered for the patient.  Who is getting helped by the health care system: the patient or the Health care industry?

I think the answer is simple, it is the company.  An insurance company has to answer to its stock holders and boards.  The company does not care if little Johanna gets sick, it cares that you paid your premium and they give you the least amount of care. 

I read this article-

http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062401636.html?hpid=topnews

Maybe more people should, because a system based on profits, means our health is at risk.

Nixon tapes, More Republican policy?

From the newly released Nixon tapes:

"“I noticed a couple of very attractive women, both of them Republicans, in the Legislature,” Nixon tells Bush. “I want you to be sure to emphasize to our people, God, let’s look for some ... . Understand, I don’t do it because I’m for women, but I’m doing it because I think maybe a woman might win someplace where a man might not ... . So have you got that in mind?”

“I’ll certainly keep it in mind,” Bush replies.

“Boy, they were good lookin’ and bright,” Nixon continues. And he had been informed, further, that “they’re two of the best members of the House.”

“Well, that’s terrific,” Bush says.""

THIS caught my attention.  That a president sets Republican policy.  This is not new.  Republicans are not ones who really support women's rights.  

The policy has stretched the past 30 years, and now we have Sarah Palin.  You wonder if she was hand picked by the Republican committee.  How does a small town mayor get noticed enough to become governor, then eighteen months becomes a candidate for Vice-president?  OF course by her looks.  And as long as she knew the talking points, that was enough right. 

 

Maybe the Republicans need to stop following NIXON policy.  If they did then maybe a smart ugly woman would help the party.  But it seems the Republicans prefer crooks and liars.  Of course, isn't that the definition of politician?

Jon and Kate, TLC halting production

Jon and Kate is a reality show with two parents and eight children.  I don't watch the show, so my opinion might be of little importance.

But here it goes,

LET THE SHOW DIE!  

The children have been filmed for a long time.  IT has spurred on a copycat who had eight babies at once and wants a show.  

It is time to:

LET THE SHOW DIE! 

Read here about the halting of filming due to logistics, because of the divorce:

http://www.huffingtonpost.com/2009/06/23/tlc-halts-jon-kate-plus-8_n_219577.html

Ed McMahon Dies today.

This man was apart of a lot of peoples lives, with his "here's Johnny!"  When Johnny left the tonight show Ed followed.  He will be missed by all.  I will too.

Toyota's New President

The Grandson, Akio Toyoda, of Toyota's founder just took over as president of the company.

Wow, would I have loved being in that family.  To have a job because of family, where does that happen now a days, do you get your momma's Mcdonald's job when she "retires", nope.  Or how about your dad's tech job, nope that got sent overseas.

But this is serious, this is the top auto company, and a new president.  In this article:

http://news.bbc.co.uk/2/hi/business/8114209.stm

It says Toyota needs new fresh ideas, and maybe this man has them.  

What I have read about Japanese companies is that they forecast decades into the future.  So the ideas would already be there right?

Geronimo Remains In Contention

Distant relatives of the Apache leader Geronimo want to bring him back to his land.  The US government wants the case dismissed, and have the Apache leader stay in Oklahoma.

It is spelled out well in this article:  http://news.bbc.co.uk/2/hi/americas/8112051.stm

This is an embarrassment to the US government.  Oklahoma, Ft. Sill was the man's prison not his home. There also might be other bones at Yale university.  

Human remains need to be respected.  

What harm would it be to the US government to give back the remains?  I don't see any.

But my government wants the case dismissed.  I have no clue why.  The leader of the Apache people needs to be sent home, so he can rest on land that was stolen from him.

McCain and Eating Feet

CNN quoted John McCain as to say this:

McCain: "Board N. Korean ship if we know it has banned cargo"

about 1 hour ago from web

Okay Mr. McCain, how are the Captain's of the Navy Ships to know that the North Korean Ships have banned cargo?  Is the Navy getting a memo with satellite imagining that x-rays hulls?  Or how about a leader board on the side of the ship flashing "WE HAVE BANNED CARGO!!!!"
Common Senator, I know you were Navy, so your statement is ludicrous as you should know.  
The relationship with North Korea is on egg shells, do we really need a third war?   WE are already in two wars that have no end.  

Happy Father's Day!

Happy Father's day to all the dad's out there.

Beef- Argentina might have to Import

My opinion might not matter, but in this global economy, countries cannot afford to loose an industry that supports a government.  

This is happening in Argentina.  Based on the following article, I think the region is having political problems:

http://www.huffingtonpost.com/worldfocus.org/argentinas-farming-crisis_b_217653.html

Argentina was once a large beef exporter.  Some of that beef graced fine restaurants of the world. Do to a bad export tax, the industry has been harmed.  This is sad.  

The world today needs to have industry, we need agricultural industry. Countries that can't keep up with internal demands tend toward importing goods, an export tax can lead to less farming internally.  

This can lead to death of industry, as we are seeing in the US. 

I don't know what can be done. Maybe politicians need to rethink.  Argentina seems to need that as well.