Author: Loony Goose (page 15 of 15)

GM Blew $14B on Stock Buybacks

Shortly after hearing the news that GM is shuttering plants and laying off 15,000 workers, we learned that over the past three years they spent $14 billion as part of a stock buyback program.  During that same period, the stock dropped $10.  I don’t know if this $14 billion was borrowed or came from revenues, but couldn’t that money have been invested in R&D, or rehabilitating their brand, or retooling existing plants, or designing new cars that people actually want to buy — things that set the company up to be more competitive in the long-term?

A lot of the big American companies are so focused on pleasing the investor class in the short-term at the expense of the company’s future.  All the car companies are struggling with lower sales right now, especially with interest rates rising, but it seems that GM is always a proverbial loser in the auto market.

 

Trump and Climate Change

Why are the press and the sycophant trolls on Twitter constantly hounding President Trump about climate change?

Do they not realize that the United States is the only country on track to meet the Paris Climate Accord commitments for reduced greenhouse gas emissions, despite being the only country to withdraw from the pact?  All those other countries in Europe that love to brag about how seriously they take the environment aren’t even meeting their commitments.

Meanwhile the US is reducing carbon emissions because of the shale gas revolution, which produces natural gas as a “free” by-product.  And the trend is only going to continue in the future as the natural gas infrastructure gets built out further across the nation.  Why does the press never talk about this reality?  Is it because they just want another club to beat the president with?

And on the other side of the world, China has the fastest-growing increases in carbon emissions.  Why aren’t the media and Democrats complaining that China isn’t doing more to curb emissions, and asking the President to negotiate with the Chinese to make better efforts?

Now This is Good Rhetoric

The Right has definitely learned how to make political rhetoric in the Trump era.

And who can argue it?  The Republicans are working hard to rebuild America and put people back to work.  Meanwhile the Democrats not only have no plan for America, they sit back sheepishly as their unglued mobs go out and smash windows, burn the American flag and beat people with metal batons.

The choice is clear.  Get out and vote!

 

November: Month for the Faithful Departed

The Church sets aside the entire month of November for the special cause of making prayers and sacrifices for the Holy Souls in Purgatory who, while being perfected, suffer a great longing to be with God.

The Fourth Commandment (to honor one’s father and mother) enjoins on us the obligation to pray for those in our family who have gone before us, including our ancestors who passed down the Holy Faith.

To that end, the Church has established the following indulgences for the month of November:

  1. A plenary indulgence, applicable only to the Holy Souls in Purgatory, is available on each of the first eight days of November and is granted to the faithful who visit a cemetery and pray for the faithful departed, under the normal conditions of a plenary indulgence.  On the other days of the month the indulgence is a partial one.
  2. A plenary indulgence is granted to the faithful who visit a church on November 2 and pray the Pater Noster and Credo.
  3. A partial indulgence is available on every other day of the month for those who recite the Requiem prayer:  “Eternal rest grant unto them, O Lord, and let perpetual light shine upon them.  May they rest in peace.  Amen.”

“The good God will render us back the good we do for the poor souls a hundred fold.” — St. John Vianney

“It is therefore a holy and wholesome thought to pray for the dead, that they may be loosed from sin.” — 2 Machabees 12:46

 

Let’s Talk About Rights!

In the contemporary political sphere it is quite common to hear everyone talk about their rights. Since the Enlightenment era there has been a special focus placed on the concept of man’s rights. We see this taking form in the US Constitution which enumerates many of man’s rights that, in the authors’ perceptions, were inherent to all persons. So there is a right to free speech, a right to practice religion, etc. In the present day this has “evolved” to mean that we have a “right” to all kinds of things that are criminal and degenerate.

But the question we should ask ourselves is: What about God’s rights? Does the creator of the universe have any rights that His creatures are obliged to respect? When going about building a civilization, what should be placed at the foundation: God’s rights or our rights?

These are some of the questions we’ll explore on this blog.

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