Monday, September 24, 2007

Biofuel, famine, unrest, war

Hope you all had a good weekend. Spouse had a friend down and they went to the UCLA-Wash game on Sat. Friend is a Huskey alum. So it turned out to be a pretty good weekend for all. UCLA beat Wash Yeah, USC beat Wash State, well that was a boo and a yeah. UCLA wants USC to lose to everyone (and vice versa) while Friend was glad Wash St lost. Ok, that's not quite true. Folks from Wash rarely think of Wash St, ignoring them is better then getting angry at them. But fun was had by all.

UAW is striking GM. Does this make any sense? The Union says they want better job security. But the company is losing money, going BK is looking more likely which will void all contracts and the union is demanding more job security? How about helping the company getting profitable again with a profit sharing provision so you will enjoy the fruits of your labor? And remember UAW, if GM goes bk, all your retirees pensions and health care are either gone or at best reduced 50 to 70%. I don't know if retirees still vote in UAW elections but I wouldn't want to explain to them the Unions actions cost them their pension.

Iran has confirmed its shelling Kurdish positions in Iraq. Uhhhh, isn't that an act of war? Just asking.

Bio-fuel is the current hot ticket. However, as more food is diverted to fuel, the safety stocks of food are getting smaller. If there is a crop failure in the US or other large food producing countries, urban poor in China, India, Mexico could see major food costs increase which could lead to unrest.

Anti-war movies don't seem to be doing well in the box office. Capitalism still works.

Is Disney bowing to political pressure in not releasing a show on DVD? I thought this was the US and not Russia.

Have a good day.

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