Pictures and commentary on what remains of historic Route 66
Wednesday, April 7, 2010
Armet and Davis style Denny's on Colorado Blvd. PooBah, one of the all time great record stores, is across the street. Also across the street are more examples of the (once common) Googie architectural style that is slowly disappearing from along the route.
This surplus store, C&H Sales Company, on Colorado Blvd. in Pasadena, CA went out of business. I'm glad they left the sign when they sold off the surplus inventory, but fear that the next tenent may scrap the sign. Before they closed I had the opportunity to browse the shop one last time and dig through boxes of cast-off electronic and mechanical parts for 'who-knows-what?'.
Wow, what's not to like... a road trip down Route 66 in an alternative energy version of my all time favorite, the 66 Pontiac GTO. All I can say is that CNG Route66 is my kind of blog. Stay tuned, I'm going to find out more about this project.
Thank you for your service and wisdom in saving the US banking system from complete and total annihilation. We are deeply grateful for your efforts,but your services in this capacity will no longer be needed. We the people understand that the policies and policy makers that brought us out of the crisis are not the same as those required to take us where we need to go from here. We also understand that we were required to foot the bill for dragging our economy from the brink. We never expected your friends, those wealthy bankers who profited off of trading worthless derivatives and destroying the 401Ks of millions, to pony up. Why would they when they had the gun to our heads, and stood to profit further from your policies. So it worked. Economy saved, bankers enriched, credit markets still breathing. Now we're going to find some new policy makers that will help us heal and get us back on the path to jobs and prosperity. Nothing personal.
We no more want to give corporations the rights of persons than we do robots. Either one will doom democracy. Corporations don't (and shouldn't) act like people, they are purely selfish. That's why they need to be regulated. I would not loan money to a friend, hoping and arranging things so that they would not be able to pay, so that I could make more money. But that's exactly what the banks and financial institutions did to their customers.
Senator Graham’s ‘blame the victim’ mentality in this situation is a perfect underhand pitch to the financial industry. Not to mention the reporters, commentators, and clowns on financial ‘news’ channels like CNBC who latch on to this myth. These folks must surely awaken every day amazed that they still have a job. That would explain why they spend so much air-time scrambling for new ways to keep up the charade that they’re competent. Don't forget that these are the same people that held up Bernard Madoff and Sir Robert Allen Stanford as heroes of unregulated free-market capitalism.
President Obama pointed out: "Americans don't choose to be victimized by mysterious fees, changing terms and pages and pages of fine print. And while innovation should be encouraged, risky schemes that threaten our entire economy should not," he said. "We can't afford to let the same phony arguments and bad habits of Washington kill financial reform and leave American consumers and our economy vulnerable to another meltdown."