Fervent meditation of the Word of God in Holy Bible, vignette of my life, my family - immediate and extended, my nation - of birth and natural choice, deciphering Adam Smith's economic philosophy for prosperity and peace for all Filipinos - living in USA and Philippines.
Saturday, February 21, 2009
Obama Buyer's Remorse! #1,000,001
This WSJ diary says it all. HT: lucianne.com
Millions of Catholics who voted for Obama also 'wonder if they made a mistake' days after inauguration.
That may please the pitchfork brigade, but what about the people who make, sell and service corporate jets? "The Maytag repairman is busy compared to me," complains Bill Woods, president of Western Wings in Roseburg, Oregon. The company refurbishes and resells a range of private aircraft models, but "there is no market today," he says. Mr. Woods reports that the stigma around private jets has become so strong that not only have banks stopped buying them; in some cases banks won't even provide financing for others to buy them. Textron, the world's largest maker of corporate jets, saw its shares pounded after customers cancelled orders on 23 planes in the fourth quarter. General Dynamics, maker of Gulfstream jets, and Canada's Bombardier have also issued grim forecasts for 2009. Airplane manufacturers didn't create Fannie Mae or the Community Reinvestment Act or the AAA-rated CDO. And not all passengers on private planes are as deserving of scorn as the directors of Citigroup. Mr. Woods says many of his customers are crusty, hard-working entrepreneurs who need to be able to travel quickly to cattle auctions or to oversee far-flung timber operations. Mr. Woods says he wishes the White House, which has criticized airplane use by TARP recipients, would stop demonizing his product. He and his wife voted for President Obama last fall but now he admits they wonder if they made a mistake.
Millions of Catholics who voted for Obama also 'wonder if they made a mistake' days after inauguration.
Monday, February 16, 2009
Friday, February 13, 2009
Mexico City
We are in Mexico City, Mexico, as pilgrims of Our Lady of Guadalupe to personally thank her, her Son, our Lord, Jesus Christ the many blessings He gave us for the past 40 years of our marriage.
Mexico City on first look from the airport taxi ride to Holiday Inn Trade Center at Revolucion Ave remind us of metro Manila of 1969 except the spicy food. Even the salad dressing that look like Thousand Island was spicy. A waiter overheard me that it's spicy hot brought me a saucer full of unspiced Thousand Island dressing.
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