lotstodo

The profits go to the stockholders and the executives and creditors with an equity position. You can buy stock in Toyota or GM. Corporations do not retain profits beyond what is required for operation and fiduciary responsibilities. Money left unnecessarily in corporations do no good in the economy and the purpose of a corporation is to make profit for their investors. There isn't a huge mattress in the basement at Toyota where they keep all of their profits.

Jm, they were issued a special class of stock in exchange for consideration. That stock was not common stock and was not sold on the open market. We are speaking of holders of common stock. Many executives are issued stock options, which also have restrictions. These types of transactions are not handled over the stock exchange. It is true that a stockholder that purchases a company's stock through a broker or a direct program on the open market can sell it at any time. You can not list a stock on any major exchange with any type of transaction restriction whatsoever.

So sorry. Hope JJ gets well soon.

I make it a point to know what the tax and spend left is up to, and what they are thinking. I am an avid follower of Mark Zandi and Nouriel Roubini as well as The Economist to fill my head with the humor that is modern statism. You also have to read the NYT online edition if you want the latest in Obama Worship. The DNC website is also good for the occasional laugh.

If we can't get any public money to improve the GWCC as convention dollars flee this city by the millions annually in search of greener pastures, why should we build a football stadium?

Funny, I read the AJC and while the editorial pages are somewhat more balanced (70% liberal, 30% conservative vs. the old 95-5 split). The political articles themselves still read as if they were DNC press releases. Their Politifact franchise is an absolute joke, and the choice of articles and placement are still skewed so far left as to make you want to read it backwards. BTW, Creative Loafing calling the AJC Conservative is like Maxine Waters commenting on Nancy Pelosi.

Exactly. A stockholder knowingly takes a risk and can sell at any time the fire gets too hot for their blood. A secured bondholder is given legal rights to real property or other hard assets as security in return for an investment of a fixed term at a fixed rate of return. In the judge shopped government orchestrated takeover of GM, the Bondholders held 40% of the assets and wound up with about 8% of the company out the other end. The UAW held less than 10% of the assets and wound up with 18% of the company. I'll let y'all decide why, but I can guarantee you that it had absolutely nothing

The former STOCK holders deserved to be screwed. The former secured bond holders did not. Once again, had they undergone reorgizational bankruptcy without government intervention, the results would have been the same for the corporation. The only difference would be that the secured bond holders would have fared better and the union workers would have fared worse. Notice I said the UNION workers, not the employees in general. One major problem with GM is the legacy costs which were artfully dodged by a government injection of our money. That problem has not changed, and it will likely be

Thank Goodness that new York has stepped into the fray: "We have an obligation to keep products that are potentially hazardous off the shelves,and there is simply not enough research to show that these products are safe." - Dennis Rosen, New York liquor authority's chairman I guess I missed all the evidence and research that showed other alcoholic beverages to be safe, but it must be there. The Nanny State has gone "Four Loko". Thank you government for proving that non-cafinated booze is safe. College kids everywhere are eternally in your debt.

Crist to submit Jim Morrison's case to clemency board Wow.....What's ol' Charlie been smoking? I'm a huge Doors fan and I remember the details of the Miami arrest vividly, but dude, it was the 60's. Even Elvis was considered risque. Let go already.

Don't know, but I'll be investing in porn shops and south Georgia liquor stores when metamaterial clothing becomes all the rage.

Huge lightning strike in southeast paulding a moment ago. This is some crazy weather alright, even if there was some whacky tobacky wafting around in New Georgia earlier.

NASA is working on it. Then those pesky Romulans will get their come-upins.

Cool Beans! I want one. Space Time Cloak could conceal events "In some senses our work is mathematically quite closely related to the idea of invisibility cloaking," McCall told CNN. "It's just that we're doing it in space and time instead of just in space. It's added a new dimension to cloaking, quite literally." In a paper published in the Journal of Optics, McCall said metamaterials made it theoretically possible to manipulate light rays as they enter a material so that some parts speed up and others slow down. This could create "blind spots" in time, masking an event. While th

I'll have to ask for your sources. The "two minutes of flying time" quote comes from the American College of Radiology. I have seen no credible evidence to the contrary.

Hey, don't shoot the messenger.

It is an expensive piece of equipment. But if what the TSA says is true, it has been effective enough to justify the cost. Like you, I don't buy the privacy argument. NJ, it is a matter of degrees. I am willing to put up with walking through a harmless machine if it enhances flying security, just like you are willing to walk through a metal detector. Again, those planes originated outside of the US.

Those aircraft originated outside of the US.

I think it's in New Georgia north of Nebo Road.

Paulding SO reports a citizen sighting of a small tornado in the area of Arbor Walk Subdivision. Strong Winds reported elsewhere. Be careful.

Cargo scans and personnel scans are two different processes and problems, and one does not relate to the other. How does the scanning of cargo prevent a person from carrying a plastic weapon on board an aircraft? See my point. I find no difference whatsoever between the cartoon body scan and an x-ray as far as invasiveness goes, and according to the TSA the scanners have found 130 dangerous items this year. http://www.jaunted.com/files/6193/WomanScan.jpg There is not one factor in the scan (see above) that would allow a person to identify you. You walk into the machine, stop fo

The Supreme court has declared TSA searches "consensual administrative searches". The court stated in the majority opinion in US v. Hartwell that the court weighed the public concern and the extent to which airport searches advanced the public interest against the impact of airport searches on individual liberty when applying the Administrative Doctrine to TSA searches. They stated that airport checkpoints have been effective in deterring terrorism, and that such procedures and activities were minimally intrusive. They further concluded that by providing enhanced searches "not far from t

Since when is getting on a commercial aircraft owned by a private corporation a constitutionally guaranteed right? Not every modern convenience we have in this country is given to us by natures God and is therefore to be preserved by constitutional right. Purchasing an airline ticket and approaching a checkpoint constitutes a consensual administrative search, and as such is not a violation of the fourth amendment. Those who disbelieve this should perhaps study the case law, including US V. Christian Hartwell. Your rights end where they have a legally reasonable likelihood of tragically violat

People forget that every modern convenience that we have in this country is not necessarily a "natural right". No shirt, No shoes, No service, etc... The owners and other patrons of any service set the standards for admittance, and the majority of travelers would rather get on an airplane knowing that they and their fellow passengers have been at least somewhat screened for weapons given the propensity for terrorists to use commercial aircraft as tool of mass destruction and fear. Standing in front of a cartoon machine that will be viewed in private, not associated with any personal info

The link is an ACLU press release, not hardly a finding of fact.