http://www.michaelmoore.com/…

Goodbye, GM …by Michael Moore

1. Just as President Roosevelt did after the attack on Pearl Harbor, the President must tell the nation that we are at war and we must immediately convert our auto factories to factories that build mass transit vehicles and alternative energy devices. Within months in Flint in 1942, GM halted all car production and immediately used the assembly lines to build planes, tanks and machine guns. The conversion took no time at all. Everyone pitched in. The fascists were defeated.

We are now in a different kind of war — a war that we have conducted against the ecosystem and has been conducted by our very own corporate leaders. This current war has two fronts. One is headquartered in Detroit. The products built in the factories of GM, Ford and Chrysler are some of the greatest weapons of mass destruction responsible for global warming and the melting of our polar icecaps. The things we call “cars” may have been fun to drive, but they are like a million daggers into the heart of Mother Nature. To continue to build them would only lead to the ruin of our species and much of the planet.

The other front in this war is being waged by the oil companies against you and me. They are committed to fleecing us whenever they can, and they have been reckless stewards of the finite amount of oil that is located under the surface of the earth. They know they are sucking it bone dry. And like the lumber tycoons of the early 20th century who didn’t give a damn about future generations as they tore down every forest they could get their hands on, these oil barons are not telling the public what they know to be true — that there are only a few more decades of useable oil on this planet. And as the end days of oil approach us, get ready for some very desperate people willing to kill and be killed just to get their hands on a gallon can of gasoline.

President Obama, now that he has taken control of GM, needs to convert the factories to new and needed uses immediately.
Read More…

http://arstechnica.com/...

Although the Obama administration is indicating that it will be more aggressive about enforcing antitrust regulations, the European Union has been pursuing high-profile cases for years, having levied a large fine against Microsoft back in 2004, and hitting the software giant again last year. The latest target of the EU’s Competition group is the chipmaker Intel and, this morning, the EU announced that it too would face a hefty fine: slightly over €1 billion, which comes in just shy of $1.5 billion. Intel is already promising to appeal but, in the meantime, it’s going to have to drop over half a year of its current profits into a bank account in case its appeal fails.

The full decision, which is over 500 pages long, hasn’t yet been released to the public, but a summary of the EU’s case is available. It focuses primarily on the company’s pricing practices during the years 2002-2005, when Intel was facing growing competition from AMD in the desktop and server space. The EU authorities also cite an instance of similar practices in the notebook space in 2007, a time when that market was rising in prominence.
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http://www.lewrockwell.com/…

Very low levels of lithium in drinking water may help prevent suicide in the general population, according to a new study. The study has prompted calls for further research into the possibility of adding lithium to drinking supplies – like water fluoridation to improve dental health.

Researchers at Oita University in Japan measured natural lithium levels in tap water in 18 communities in the surrounding region of southern Japan. Writing in the British Journal of Psychiatry, the researchers said: “Our study suggests that very low levels of lithium in drinking water can lower the risk of suicide. Very low levels may possess an anti-suicidal effect.”

There are many who claim that the whole chemtrail thing is partly to pacify the public by putting lithium in the water. If you’ve ever seen anyone who takes a lot of lithium you may have an understanding as to why people take that position.

Lithium may very well reduce suicidal tendencies but the government has no role whatsoever in modifying water supplies. Fluoride or otherwise.

http://www.thestar.com/article/611472

In Lara Croft’s latest action adventure, part of the wildly popular Tomb Raider video game series, the lithe heroine can demand of her evil doppelganger either, “What the hell are you?” or, “Qu’est-ce que tu es, exactement?”

And that’s exactly the way Quebec wants it, from now on. French language rules on video games come into force today prohibiting the sale of new English-only video games in Quebec if a French version is available.

It’s causing a lot of consternation among retailers and gamers alike, who fear the rules will lead to delays in video games arriving in the province, and may not accomplish what the law intends, which is to promote and protect the French language.

Ronnie Rondeau, co-owner of the eight Game Buzz stores around Montreal, said he even fears bankruptcy.

“I’m afraid it’s going to cost me my business,” Rondeau said. “If it really was going to make a difference, I’d be for it, but only a small number of people want to play in French. The rest don’t care.

“And money-wise, it’s going to hurt.”

Rondeau said gamers are notorious for wanting new games the minute they come out. It’s why he has had numerous midnight sales with lines stretching around the block.

It’s why he even carries Japanese games that won’t be available in English for months.

If there’s a delay of even a few days, they’ll find other options, such as buying online or across the border.

Way to kick the local economy when it’s down.  Gamers will just order online or drive to the US. These bureaucrats really don’t have a clue. If consumers really cared they’d demand French audio and subtitles.

http://www.bloomberg.com/…

The following table details how the Fed and the government have committed the money on behalf of American taxpayers over the past 20 months, according to data compiled by Bloomberg.

===========================================================
                                  --- Amounts (Billions)---
                                   Limit          Current
===========================================================
Total                            $12,798.14     $4,169.71
-----------------------------------------------------------
 Federal Reserve Total            $7,765.64     $1,678.71
  Primary Credit Discount           $110.74        $61.31
  Secondary Credit                    $0.19         $1.00
  Primary dealer and others         $147.00        $20.18
  ABCP Liquidity                    $152.11         $6.85
  AIG Credit                         $60.00        $43.19
  Net Portfolio CP Funding        $1,800.00       $241.31
  Maiden Lane (Bear Stearns)         $29.50        $28.82
  Maiden Lane II  (AIG)              $22.50        $18.54
  Maiden Lane III (AIG)              $30.00        $24.04
  Term Securities Lending           $250.00        $88.55
  Term Auction Facility             $900.00       $468.59
  Securities lending overnight       $10.00         $4.41
  Term Asset-Backed Loan Facility   $900.00         $4.71
  Currency Swaps/Other Assets       $606.00       $377.87
  MMIFF                             $540.00         $0.00
  GSE Debt Purchases                $600.00        $50.39
  GSE Mortgage-Backed Securities  $1,000.00       $236.16
  Citigroup Bailout Fed Portion     $220.40         $0.00
  Bank of America Bailout            $87.20         $0.00
  Commitment to Buy Treasuries      $300.00         $7.50
-----------------------------------------------------------
  FDIC Total                      $2,038.50       $357.50
   Public-Private Investment*       $500.00          0.00
   FDIC Liquidity Guarantees      $1,400.00       $316.50
   GE                               $126.00        $41.00
   Citigroup Bailout FDIC            $10.00         $0.00
   Bank of America Bailout FDIC       $2.50         $0.00
-----------------------------------------------------------
 Treasury Total                   $2,694.00     $1,833.50
  TARP                              $700.00       $599.50
  Tax Break for Banks                $29.00        $29.00
  Stimulus Package (Bush)           $168.00       $168.00
  Stimulus II (Obama)               $787.00       $787.00
  Treasury Exchange Stabilization    $50.00        $50.00
  Student Loan Purchases             $60.00         $0.00
  Support for Fannie/Freddie        $400.00       $200.00
  Line of Credit for FDIC*          $500.00         $0.00
-----------------------------------------------------------
HUD Total                           $300.00       $300.00
  Hope for Homeowners FHA           $300.00       $300.00
-----------------------------------------------------------
The FDIC’s commitment to guarantee lending under the
Legacy Loan Program and the Legacy Asset Program includes a $500
billion line of credit from the U.S. Treasury.

Awesome. And Krugman says they aren’t spending enough. I guess we need to catch up to Japan with their debt being 170% GDP. Obama’s going to have to do better than $10 trillion deficit over the next 8 years to pull this off.