Judge’s ruling on stem-cell research may politicize issue
According to a ruling Monday by U.S. District Court Judge Royce Lamberth, U.S. law forbids federal funding of any scientific research using human embryonic stem cells. The decision invalidates an executive order issued by President Obama shortly after taking office in 2009 that expanded federal support for such research, and for that reason was quickly applauded by the Family Research Council and other right-to-life groups.
In issuing a preliminary injunction against such funding, Lamberth cited a law dating back to 1996 that forbids federal funding of “research in which a human embryo or embryos are destroyed, discarded, or knowingly subjected to risk of injury or death.” Until now, that law had been read to prohibit federal funding for the actual creation of embryonic stem cell lines — which requires the destruction of an embryo — but not subsequent research into the use of those stem cells.
Had it been in effect at the time, Lamberth’s ruling would also have invalidated the stem-cell policy of President Bush, who limited federally funded stem-cell research to 21 already-existing embryonic cell lines. However, those lines also were created through the destruction of embryos, and by Lamberth’s logic were thus ineligible for federal funding.
Under Obama’s policy, stem cell lines could be derived only from embryos that had been created for use in fertility treatments and were no longer needed for that purpose. That safeguard was intended to prevent the creation of embryos for the sole purpose of destroying them. Those embryos also had to be “donated by the individuals who sought reproductive treatment . . . and who gave voluntary written consent for the human embryos to be used for research purposes.” It also barred any financial compensation or inducement for donating embryos for research.
Lamberth’s ruling dismisses those safeguards as meaningless.
According to The Washington Post, the decision has stunned much of the scientific community.
“This is devastating, absolutely devastating,” said Amy Comstock Rick, immediate past president of the Coalition for the Advancement of Medical Research, a group of patient organizations that has been lobbying for more federal funding.
“We were really looking forward to research finally moving forward with the full backing of the NIH. We were really looking forward to the next chapter when human embryonic stem cells could really be explored for their full potential. This really sets us back,” Rick said. “Every day we lose is another day lost for patients waiting for cures.”
“I have had to tell everyone in my lab that when they feed their cells tomorrow morning, they better use media that has not been funded by the federal government,” Dr. George Q. Daley, director of the stem cell transplantation program at Children’s Hospital Boston, told The New York Times. (”Media” refers to food given to cells). “This ruling means an immediate disruption of dozens of labs doing this work since the Obama administration made its order.”
It’s not clear whether Lamberth’s ruling will hold. Courts have the power to intervene in such matters only if the executive branch is clearly and unambiguously breaking the law. Three consecutive administrations have concluded otherwise, believing that research using stem cell lines can and should be distinguished from research using embryos.
And as a practical matter, it’s hard to see what right-to-life groups have gained in the ruling. A significant number of human embryos created in vitro for fertility treatments are destroyed or abandoned every day in this country. It’s an inevitable by-product of the process. The odds against any single embryo implanting in the womb are so high that large numbers of embryos have to be created in hopes that one or two will be successful. Once pregnancy is achieved, any leftover embryos are literally put into cold storage for possible future use, and many are left there until discarded.
The Obama administration will almost certainly appeal the ruling and seek to block the preliminary injunction, although no announcement to that effect has been made. It may also try to correct the problem through Congress, which would put the volatile issue in the political arena. If it takes that tack, the administration would seem to have public opinion on its side.
“A 2009 poll by Pew Forum on Religion and Public Life found 54% of adults think it’s more important to conduct the research that might result in medical cures vs. 32% who said it was more important not to destroy the potential life of a human embryo.”
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328 comments Add your comment
Saul Good
August 24th, 2010
1:00 pm
theyeshaveit,
Are there REALLY school districts that send their kids on field trips to the “creation museum”???
IF you’ve never been there… well…don’t take a trip out of your way to do so… but you NEED to go there! It’s like being drugged…without taking any drugs! I have to say…it was WELL worth the price of admission even though I knew the $$$ was going into the hands of a talibangelical working HARD at putting out misinformation). I have to say…I was “amazed” while there…the families… the kids…knowing those kids belonged to those families…and just WHAT they were being taught… AMAZING to see how it’s so easy to manipulate the mind of a child.
All that was missing was the Santa and Easter Bunny exhibit… where Santa, his elves, and the Easter bunny were playing cards together… sheeeesh!
Matti
August 24th, 2010
1:00 pm
AmVet,
Precisely. It’s illegal because if we could grow our own medicine in our own yards next to our tomato plants, they’d lose billions in revenue from anti-depressants, sleep aids, tranquilizers, anti-nausea meds, pain killers, and oh yes, alcohol.
Southern Comfort
August 24th, 2010
1:01 pm
Matti
That’s the game. I love to watch commercials for medications just to hear the side effects. I always get a good laugh from those. I think the best one to date was Alli. One of the side effects that was stated when it was first released was explosive diarrhea. I think they’ve since changed it.
I stayed at a Holiday Inn
August 24th, 2010
1:01 pm
By the way, as I recall, a third of that Obama stimulus went to tax cuts.
AmVet
August 24th, 2010
1:03 pm
heathen, I was not for the “stimulus”. Though the book is still out on it. And hyper-partisan proponents for and against are not believable.
However, I was ESPECIALLY against it as it was ostensibly designed to benefit American workers and families, rather than fund the corporate war machine. (You boys had the chance to heed Eisenhower’s warning, but your bloodlust got in the way.)
We simply are losing track of our priorities. And Lockheed Martin, Raytheon, General Dynamics, Northrup Gruman and Haliburton ain’t gonna put up with that for long.
But first we need to get us another Crusader in the White House…
Matti
August 24th, 2010
1:04 pm
Saul Good,
That reminds me of the day I got a look at Georgia’s middle school “sex ed” cirriculum materials. My response was, “You’re sh**ting me, right?”
stands for decibels
August 24th, 2010
1:04 pm
I don’t extend my respect to Palmetto bugs.
I always figured if I turned vegetarian, I’d view lobsters as just big-ol’ sea bugs, and indulge myself accordingly.
paleo-neo-Carlinist
August 24th, 2010
1:04 pm
anyone ever been to the Alabama Reptile Farm? it’s on I-20 just west of B-ham. I paid ‘em a visit on my way to Graceland many years ago. my road amigo and I happened to stop by at feeding time. the proprietor tossed a small rabbit into a rattlesnake pen, which produced the to be expected ‘circle of life’ moment for all to see. this brutally honest demonstration nearly traumatized a female teenager, which led Mr. Reptile (dirty jeans and tee-shirt, John Deere cap, and dip of smokeless tobacco; about as Alabama as you can get) to opine; “…the Chinese have a proverb that says there is very little difference between a short life and a long life…” I always think about that moment when the topic of abortion or stem cell research comes up. at what point does life become valuable; conception? birth? baptism? at what point between conception and where Troy Davis sits does it become disposable (Christians, please spare me the god’s will/free will conundrum). John Donne (not Hemingway) observed; “…any man’s death diminishes me…” until we can establish when “life” begins, we’re just rattlesnakes and rabbits in a cage. again, as a libertarian, to each his/her own. you want to have an abortion, have an abortion, you think it is wrong, don’t have an abortion. you have Alzhiemher’s or a spinal cord injury and you want stem cell therapy; go get it. I want no part of it.
theyeshaveit
August 24th, 2010
1:06 pm
godless heathen,
Here is the real cost of the Iraq War. Now, tell me, how does that stimulate you?
American Military Casualties in Iraq
Total In Combat
American Deaths
Since war began (3/19/03): 4416 3494
Since “Mission Accomplished” (5/1/03) (the list)
4277 3386
Since Capture of Saddam (12/13/03): 3955 3188
Since Handover (6/29/04): 3557 2861
Since Obama Inauguration (1/20/09): 188 89
stands for decibels
August 24th, 2010
1:06 pm
By the way, as I recall, a third of that Obama stimulus went to tax cuts.
Well, and a decent chunk hasn’t been spent yet, and godless heathen is likely lowballing the amount actually spent for our Excellent Iraq adventure but, whatever.
Saul Good
August 24th, 2010
1:07 pm
theyeshaveit@12:52 pm,
HOLY CRAP! Great post! (and very true)…
AmVet
August 24th, 2010
1:07 pm
OK, peeps, duty calls. Off to pay for some more corporate welfare.
Gawd willing and if the creek don’t rise, I’ll be back later…
Southern Comfort
August 24th, 2010
1:07 pm
I always figured if I turned vegetarian, I’d view lobsters as just big-ol’ sea bugs, and indulge myself accordingly.
stands for decibels
August 24th, 2010
1:08 pm
even though I knew the $$$ was going into the hands of a talibangelical working HARD at putting out misinformation
Kind of how I feel whenever I’ve dined at Chik Fil A.
Bruno
August 24th, 2010
1:09 pm
“Embryos….a marketable commodity.”
And that is a point with which I am in total agreement with you, @@.
“Thanks! (I’m vegan)… and YES…I do it to “lessen suffering”…
Saul–If it’s okay with you, I’d like to break my self-imposed silence with you to commend you on being a good person. I saw your posts a few weeks ago regarding your efforts to rescue abandoned dogs and meant to compliment you for your efforts. I’ve been peripherally involved with rescuing bunnies for several years now.
Bosch
August 24th, 2010
1:09 pm
sfd,
I think that lobsters are classified as bugs so they can be boiled alive without any cruelty to animal repercussions.
Saul Good
August 24th, 2010
1:10 pm
Matti
August 24th, 2010
1:04 pm
I might “pay” to see that as well! Oops! I guess with my property taxes I DO! Can I “request” a copy? I’d LOVE to see just what I’m ‘payin’ for…. knowwhatimean?
Normal
August 24th, 2010
1:11 pm
If God had intended us to be vegans, he wouldn’t have made animals out of meat.
I did not climb to the top of the food chain to become vegan!
paleo-neo-Carlinist
August 24th, 2010
1:12 pm
AmVet, I would argue it’s not even “blood lust” it’s naked, unabashed greed, which is couched as patriotism (national security) and relies on the bloodlust of the chickenhawk crowd. did you read “Flags of Our Fathers”? it seems to me the author was kind of suggesting that the “war machine” needs fuel and the profiteers (Ike’s M-I crowd) learned a valuable lesson from WWII. as with America’s sick irresponsible consumerism; war-mongers realized you could fund wars on credit (War Bonds). of course, the more recent mongers didn’t offer Americans the choice (buy bonds or not buy bonds), but it seems to me the neo-cons used WWII as a template for waging future “for profit” wars. no Hitler” talk about Communists and dominoes, or terrorists and Islamic designs on world domination.
Normal
August 24th, 2010
1:14 pm
Bruno
August 24th, 2010
1:09 pm
Dang! Good work, people. All I ever do is feed (bribe) the critters and pull turtles out of the road when I see them
Disgusted
August 24th, 2010
1:14 pm
private companies and pharmaceuticals NEED us to be sick
And if you don’t believe it, just watch the ads that come on after dinner time. If they don’t feature drugs to treat heartburn, constipation, diarrhea, and other eating-related maladies, they address diseases you’ve never heard of in the hope that a few thousand people will say, “Hey! I feel like that sometimes!” The entire demand-pull emphasis of drug advertising is twisted.
Southern Comfort
August 24th, 2010
1:14 pm
dB
Hey, leave Truett Cathy alone. He’s considered a great man in this household.
Normal @ 1:11
That and he wouldn’t have made them so tasty!!
Saul Good
August 24th, 2010
1:16 pm
Bruno…you may… thanks!
hey…we ALL get pissy in our moods from time to time (I know “I” do)…it’s human nature to do so. I’m glad you rescue them. How could I POSSIBLY argue with that???
Peadawg
August 24th, 2010
1:18 pm
“If God had intended us to be vegans, he wouldn’t have made animals out of meat.
I did not climb to the top of the food chain to become vegan!”
Can I get a AMEN brotha!!!!!!!!!
Normal
August 24th, 2010
1:20 pm
Southern Comfort
August 24th, 2010
1:14 pm
SoCo…and I can make them tastier! Herbs and spices, don’t cha know.
Bruno
August 24th, 2010
1:20 pm
“While they are still alive, without a host body in which they can develop, they will never become fully human. However, since they are alive, testing can be conducted in a variety of fashions. A scientist will be able to infect them with a disease and attempt to test various treatments.”
AmVet–I know you’re not here to follow up, but I find this practice, along with all medical experimentation on live beings to be morally reprehensible. Particularly disturbing to me are the medical experiments done on primates. Emory University makes a pretty penny torturing primates, yet pats themselves on the back for supporting a host of liberal causes. Cosmetic companies along with others have caged and tortured rabbits. Pretty sick stuff, IMO.
The bottom line is that God has already shown us the way to a healthy life. Trying to patch things up with drugs after living a horrendous lifestyle comes across as stupid to me.
Saul Good
August 24th, 2010
1:21 pm
“If God had intended us to be vegans, he wouldn’t have made animals out of meat.
I did not climb to the top of the food chain to become vegan!”
Can I get a AMEN brotha!!!!!!!!!
tell that to a tiger face to face…you know…one not on “display” in a zoo!
Anyway…my “choice”…and I’ve never “preached” being a veggie or vegan here to anyone..though I’ve been “preached to” by members of various cults. Go figure!
Southern Comfort
August 24th, 2010
1:22 pm
Normal
Don’t forget charcoal and beer!!!!
Normal
August 24th, 2010
1:23 pm
AH! Beeeerrrrr….
Saul Good
August 24th, 2010
1:23 pm
Oh…btw…dogs and cats are made out of “meat” too… how do they taste?
Bruno
August 24th, 2010
1:24 pm
“I did not climb to the top of the food chain to become vegan!”
LOL @ Normal. I eat meat in limited quantities as well, so I’m not preaching from any pedestal. We can only try to move in a good direction.
Out for a while, but wanted to commend everyone on an interesting and civil conversation today.
I stayed at a Holiday Inn
August 24th, 2010
1:25 pm
It’s ok to eat those lobsters but it is just plain wrong to make clothing out of their shells. That constitutes cruelty in any animal right’s book. Nekkid sea critters running around. It just ain’t right.
Peadawg
August 24th, 2010
1:25 pm
“Oh…btw…dogs and cats are made out of “meat” too… how do they taste?”
I’ve never been to Asia so I don’t know.
Southern Comfort
August 24th, 2010
1:27 pm
Saul
If I’ve had cat, dog or tiger, it must have been tasty. I don’t recall those, but being a carnivore from Alabama does open up the diet quite a bit. I draw the line at possums and racoons.
Saul Good
August 24th, 2010
1:27 pm
You can always boil your doggy in beer! i mean…if you rescue them from the shelter…it’s just pennies per pound compared to what you pay for beef (if you take the BIG ones)!
I'm here from the government and I'm here to help
August 24th, 2010
1:29 pm
Stem Cells or Cleaning House!
House minority leader comes out swinging against the president, demanding he give Tim Geithner, Larry Summers and the rest of his economic advisers the boot.
Saul Good
August 24th, 2010
1:33 pm
This is TOO funny… how this how NOW become a thread of what different gnanimals taste like!
Anyway..to each their own…if you asked ANYONE I grew up with (most of all my parents)…if i’d have been a veggie…and then a vegan…they would have pee’d themselves…that includes myself! Trust me…I was the “grill king”… how it happened…I’m not sure…but my heart simply went in that direction after seeing some things about just HOW we treat animals as “commodities” instead of seeing them as living beings.
That’s just me. Enjoy. Not here to “convince” anyone who is right or wrong on this issue. I KNOW I’m FAR down the totem pole when it comes to my own choice and lifestyle. But I will never ask ANY of you to “convert” and become a veggie and/or vegan. I made my bed and I sleep comfortably in it.
Dat’s all!
Matti
August 24th, 2010
1:34 pm
So Comf,
May I ask an off-topic question? It’s November. It’s Saturday. What color is your sweatshirt?
Granny Godzilla
August 24th, 2010
1:35 pm
Vice President comes out swinging at the house minority leader speech today saying it was “as empty of economic ideas and Boehner as wanting to rewind the clock by rewarding rich people with tax cuts.”
I'm here from the government and I'm here to help
August 24th, 2010
1:35 pm
Hey Jay Jay,
Do you believe in the 1st amendment? Seriously? Your blogs censorship says you do not.
But Stem Cells are more important.
Southern Comfort
August 24th, 2010
1:37 pm
Matti
If it’s the Saturday after Thanksgiving, there’s only one color to wear. CRIMSON!!!!!! Although most every other Saturday, I’m in Black and Gold for my alma mater.
Midori
August 24th, 2010
1:38 pm
this needs to be shouted from the rooftops
The war on intelligence continues with the vapid blogging of, I’m Here……
I'm here from the government and I'm here to help
August 24th, 2010
1:39 pm
Bruno,
Stem Cells! (The magic words should allow this one should post)
CSCO – you are correct on both points, products and cash. The issue is the stock has split as much as The Obama’s take vacations. This has diluted the stock to the point where there is very little room for it to move.
Southern Comfort
August 24th, 2010
1:40 pm
Saul
I have my tender moments myself. I’m primarily a fish, turkey and chicken eater. I do red meats very sparingly as well as pork. I have friends who are vegan, so I understand where you’re coming from.
Matti
August 24th, 2010
1:41 pm
So Comf,
Aww, man…. I thought I might’ve found a buddy…
I'm here from the government and I'm here to help
August 24th, 2010
1:43 pm
stands for decibels
August 24th, 2010
1:06 pm
By the way, as I recall, a third of that Obama stimulus went to tax cuts.
Well, and a decent chunk hasn’t been spent yet, and godless heathen is likely lowballing the amount actually spent for our Excellent Iraq adventure but, whatever.
WHEN IS THE PARADE FOR VI DAY?
getalife
August 24th, 2010
1:43 pm
That purple medical weed is extraordinary high quality..
Normal
August 24th, 2010
1:44 pm
My Navy is doing away with the “Crackerjacks” again…Dammit! The new uniform looks like a cross between the Air Force and the Marine Corp. Truly butt ugly. Look for yourself…
http://www.militaryspot.com/newnavyuniforms.jpg
I'm here from the government and I'm here to help
August 24th, 2010
1:45 pm
Peadawg
August 24th, 2010
1:18 pm
“If God had intended us to be vegans, he wouldn’t have made animals out of meat.
I did not climb to the top of the food chain to become vegan!”
Can I get a AMEN brotha!!!!!!!!!
AGREE but I think you and I were born at the top of the chain!
Southern Comfort
August 24th, 2010
1:45 pm
Matti
We’re cool for 364 days out of the year (365 in a leap year). I had a cousin who wore those Tiger colors on the football field years ago.
Southern Comfort
August 24th, 2010
1:46 pm
getalife
What’chou know about that purple???
Matti
August 24th, 2010
1:46 pm
Meat eaters,
I loved the recent HBO movie about Temple Grandin, the autistic woman who, because of her unique perspective, invented a more “humane” way to slaughter cows. As appalling as it is to slaughter them, before she championed on their behalf, it was much more brutal. “Nature is cruel, but we don’t have to be.” Her methods were adopted for their cost value, but they are undeniably better than what the cattle experienced before.
larry
August 24th, 2010
1:47 pm
I was a meat eater until the Mad Cow disease scare , then i went vegitarian.
A lot happier and a lot lighter.
getalife
August 24th, 2010
1:48 pm
SC,
They have menus with pictures on their web sites.
Bosch
August 24th, 2010
1:48 pm
@@,
I’m curious as to where you got that Clayton County information from – if anything it proves my earlier point that they lost accreditation because they failed to meet SACS standards — that information you posted says nothing about the groups mentioned and the information is suspect because it says that there was a conflict of interest in a board member was a member of a teacher union – so to me that says, that whoever supplied that information you posted doesn’t know what they are talking about.
It mentions administration incompetence, that has nothing to do with the professional organizations you mentioned earlier — and unless it specifically mentions them in the actual report, your speculations mean nothing.
I'm here from the government and I'm here to help
August 24th, 2010
1:48 pm
Granny Godzilla aka MNGL aka ctucker,
You on a working vacation?
Bosch
August 24th, 2010
1:49 pm
larry,
Hope you don’t eat eggs.
I'm here from the government and I'm here to help
August 24th, 2010
1:49 pm
Midori
Shout it girl/boy friend. The ghetto is just waking up!
larry
August 24th, 2010
1:51 pm
Nope, thankfully i dont.
I'm here from the government and I'm here to help
August 24th, 2010
1:51 pm
Normal
August 24th, 2010
1:44 pm
My Navy is doing away with the “Crackerjacks” again…Dammit! The new uniform looks like a cross between the Air Force and the Marine Corp. Truly butt ugly. Look for yourself…
http://www.militaryspot.com/newnavyuniforms.jpg
Surprised their not pink!
Kamchak
August 24th, 2010
1:52 pm
About that whole top-of-the-food-chain thingie–It seems that we can be taken down by the tiniest of bugs.
(CNN) — Zemco Industries in Buffalo, New York, has recalled approximately 380,000 pounds of deli meat that may be contaminated with bacteria that can cause a potentially fatal disease, the U.S. Department of Agriculture announced Monday.
The products were distributed to Wal-Marts nationwide, according to the USDA’s website.
The meats may be contaminated with Listeria monocytogenes, which was discovered in a retail sample collected by inspectors in Georgia. The USDA has received no reports of illnesses associated with the meats.
getalife
August 24th, 2010
1:55 pm
cons have egg and now wal mart meat on their no regulation faces.
dems win this issue.
Abrazos
August 24th, 2010
1:57 pm
I’m Here, “Do you believe in the 1st amendment? Seriously? Your blogs censorship says you do not.”
If Jay or an assistant blocks your Tourette’s postings, it is not a violation of your First Amendment rights, amigo. But drama queens with so much idle time who crave so much attention are certainly free to start their own blogs.
Bruno
August 24th, 2010
1:57 pm
“CSCO – you are correct on both points, products and cash. The issue is the stock has split as much as The Obama’s take vacations. This has diluted the stock to the point where there is very little room for it to move.”
IH–Great point, but I should have mentioned that I’m not investing right now for any long haul, I’m just trying to make a few quick bucks. In looking at the one year graph and factoring in the great earnings report from last quarter, I was convinced that CSCO would at least return to the $24 average that it has held, despite the CEO’s warnings that the next quarterly results would likely be flat due to the declining economy. SHoulda/coulda/woulda sold when it hit 22.50. too much greed on my part, should have been happy with the $1 per share increase.
If “I stay at Holiday Inn” is still on board, you may consider selling your stocks and locking up your profit for a while. I don’t see any good economic news on the horizon, indicating that the market will stay flat at best through the rest of this year.
larry
August 24th, 2010
1:57 pm
but……….but………….we dont need no stinking regulation.
I'm here from the government and I'm here to help
August 24th, 2010
1:58 pm
About that whole top-of-the-food-chain thingie–It seems that we can be taken down by the tiniest of bugs.
In order to not be censored I must say, STEM CELLS! (3rd attempted post)
We’re doomed! Bring back DDT! I know where we can get some POSION GAS!
IRAQ!
Midori
August 24th, 2010
1:59 pm
yeah – I saw on Cynthia’s blog how much you like dark meat, I’m here.
so I suppose you have vast experience in all things “ghetto”
I'm here from the government and I'm here to help
August 24th, 2010
1:59 pm
Abrazos aka Jay, Jay!
Thanks for the confirmation.
Bruno
August 24th, 2010
2:00 pm
“Aww, man…. I thought I might’ve found a buddy…”
Matti–You really stepped in it that time!! But take heart, after last season, it should only be looking up for Auburn.
Just to get you cranked up for the season, SC, here’s the unofficial Alabama fight song:
http://www.youtube.com/watch?v=7oW7AsVLW7w
Gotta love that train whistle!!!
Matti
August 24th, 2010
2:01 pm
Bruno,
Until your recent confession, I was inclined to listen to you on financial matters. Bless your heart!
Bruno
August 24th, 2010
2:02 pm
“I saw on Cynthia’s blog how much you like dark meat, I’m here.”
You too, bro????
No offense to American women, but those African girls really have it going on!!
Normal
August 24th, 2010
2:03 pm
“Dog is a good meal”, quote from Mel Gibson in “The Patriot”.
And as a Viet Nam, in country Sailor…I concur!
Matti
August 24th, 2010
2:03 pm
True fans are life-long. We don’t expect to win every year, but we do appreciate the GREAT years (even when we get scroooo’ed by the BCS)!
I'm here from the government and I'm here to help
August 24th, 2010
2:03 pm
Midori
I was raised a poor black child, so I know all to much about your heritage. Do you have a point or are just jealous I got out?
Normal
August 24th, 2010
2:07 pm
Alabama, Auburn, sheesh!
You know it took an Auburn Judge to rule on an Alabama Alum’s divorce.
The question was after the divorce were they still brother and sister?
The Auburn Judge, said Yes, but only if they had the same uncle as a father. Roll tide!
stands for decibels
August 24th, 2010
2:07 pm
I’m here from the gubmint, you know, there are actual blogs where they are actually discussing the housing meltdown and such right this very minute.
like, say
http://www.calculatedriskblog.com/
Might I suggest you head over there and maybe learn something about how those thingies work?
Normal
August 24th, 2010
2:09 pm
Speaking of eating animals…are we discussing school lunches?
I'm here from the government and I'm here to help
August 24th, 2010
2:09 pm
Stem Cells or More of Your TAX dollars being spent on another FAILED Stimulus Plan!
Americans may be extremely upset about Wall Street bailouts, but President Obama isn’t listening. Come September 7, President Obama will have Wall Street investment banks lining up for another huge bailout. But such a bailout will do little to stimulate the housing market and offset the latest 27.2 percent plunge in existing home sales.
The Federal Housing Administration (FHA) will offer financial institutions holding mortgages worth more than the value of the houses, so-called “underwater” mortgages, a guarantee on 90 percent of the mortgage value if the institution will write-off 10 percent of the mortgage. These risky mortgages have been bought up by Wall Street investment banks at may be 30, 40 or 50 cents on the dollar. The government now says that if the holder takes 10 percent off the mortgage, the government will guarantee 90 percent of the mortgage. So they may have bought a $400,000 mortgage for $200,000. If the mortgage holder agrees to write-off $40,000, the government will guarantee the mortgage for $360,000
Bruno
August 24th, 2010
2:10 pm
“Until your recent confession, I was inclined to listen to you on financial matters. Bless your heart!”
My investing luck fell apart last summer Matti when I sold my Citi stock prematurely in August, missing out on a huge gain. Since then, I keep looking for a big score which just isn’t there. The best anyone can do right now is make short-term trades, trying to catch a stock after a substantial decline, then sell it again after a modest gain. If I had been following that strategy, I could have almost doubled up again since last year. I’m still way ahead since last March, however.
My belief is that you are more of a long-term investor, looking ahead to retirement in 17 or so years. In your case, you may consider some of the bank stocks, which are likely undervalued right now. Bank of America is really in the tank, and may represent a good opportunity. As much as you hate the Republicans, I think a lot of companies are waiting on the sidelines until the current “Let’s Screw the Big Guys” Congress gets voted out in November.*
* All investing advice presented in this advertisement is for entertainment value only. Stocks may lose value at any time and are not insured by the FDIC.
I'm here from the government and I'm here to help
August 24th, 2010
2:11 pm
stands for decibels
August 24th, 2010
2:07 pm
Thanks for the suggestion. I like it here, so as a free loving American, I’ll take your suggestion with a grain of salt. After all Stem Cells are the determining factor in life.
Hairy Podder
August 24th, 2010
2:12 pm
Nobody better not be cellin any a my stems, ats’ fer dang shore!
Abrazos
August 24th, 2010
2:14 pm
“Abrazos aka Jay, Jay! Thanks for the confirmation.”
A confirmation that your posts are those of a drama queen with A WHOLE LOT of idle time who craves constant attention? Oh sure, you’re welcome.
I'm here from the government and I'm here to help
August 24th, 2010
2:15 pm
As for short term picks look into STX, VVUS, HTZ, NANO or TSL.
NANO is a Stem Cell firm.
Bruno
August 24th, 2010
2:16 pm
Normal:
The Georgia Alum committee felt bad that Herschel Walker left without getting a degree, so brought him back at halftime last year to give him a chance at a diploma. In order to get a math degree, he was told he needed to answer just one question: What is 2 + 2?? Herschel thought it over for a while, and hesitantly said 4(?). The crowd went silent for a moment, until someone shouted out “Give him another chance!”
I'm here from the government and I'm here to help
August 24th, 2010
2:17 pm
Abrazos,
You da Jay man! Do you like lies to?
Midori
August 24th, 2010
2:17 pm
who said we were talking about black women?
Bruno
August 24th, 2010
2:18 pm
“As for short term picks look into STX, VVUS, HTZ, NANO or TSL.”
Thanks for the tips, IH. Whenever any of those medical companies make any type of breakthrough, they often double or triple overnight.
I'm here from the government and I'm here to help
August 24th, 2010
2:19 pm
Abrazos aka Jay Jay,
What’s your next topic? Weed control?
Bruno
August 24th, 2010
2:20 pm
“who said we were talking about black women?”
I thought you made a reference to “dark meat”. My bad.
Kamchak
August 24th, 2010
2:21 pm
Hiya Midori!
Paul
August 24th, 2010
2:21 pm
SoCom
Chris Rock is funny, thanks!
Bosch
“Georgia will have about $400 million to invest in education reform as a winner of President Barack Obama’s Race to the Top competition.”
Congrats! And here I am, stuck in a state with a conservative Republican dingbat doofus governor who doesn’t believe in free enterprise and competition so we won’t even compete.
Meanwhile, my teacher sister took a two grand pay cut this year…
Oh and Jay
Good topic. Darn activist judges making rulings so they can stir up trouble and impose their personal ideology…… (take ruling one doesn’t like, use above statement, repeat).
I'm here from the government and I'm here to help
August 24th, 2010
2:21 pm
Bruno,
VVUS tripled and I got out two days before the FEDS shut down their weight loss product. Watch it, it’s not completely done yet.
paleo-neo-Carlinist
August 24th, 2010
2:23 pm
I’m a part-time vegetarian… like Jules in Pulp Fiction; “…my girlfriend is a vegetarian, so that kinda makes me a vegetarian…” to be honest, I don’t eat much meat, and some of the fake meat you can buy at the store isn’t bad, but it isn’t pork ribs or an 8 oz. fillet. my biggest “beef” with beef (and pork, and poultry) is the disregard for the ecosystem shown by huge corporate farms, and the Kamchack post about the actual process of “processing” meat from slaughterhouse to package, makes a vegan or vegetarian diet healthier. Ted Turner has some interesting thoughts on the matter (raising bison instead of cattle). any wild game (venison, elk, rabbit) is certainly a better alternative, but in a pinch, the Kroger or Publix meat counter is fine. but, at the end of the day homo sapiens are omnivores. our digestive tract, from incisors to intestines is set up to digest meat. damn, all this talk has taken the sustenance out of the black bean burger I had for lunch.
I'm here from the government and I'm here to help
August 24th, 2010
2:23 pm
Midori
You made the reference to “dark meat”. I love dark meat, white meat, hell any meat. Did you understand my post or do I need to explain it to you?
HDB
August 24th, 2010
2:26 pm
Saul Good
August 24th, 2010
1:23 pm
Oh…btw…dogs and cats are made out of “meat” too… how do they taste?
Did you hear about the guy in NY who was MARINATING his cat in the trunk of his car…..crushed red peppers, chili pepper, salt and oil??
Read more: http://www.nypost.com/p/news/national/cops_stop_buffalo_chili_marinating_iHZjH1Q5fLVCYZo0SdEJQM#ixzz0xY7E50gj
Bruno
August 24th, 2010
2:27 pm
“You made the reference to “dark meat”. I love dark meat, white meat, hell any meat.”
Good point, IH. No time to be picky.
The Leg Lamp is a "major award" much like Cynthia Tucker's Pulitzer and Obama's Nobel.
August 24th, 2010
2:29 pm
So the judge overrules an executive order from Obama? The guy must be a racist.
larry
August 24th, 2010
2:31 pm
Bruno
August 24th, 2010
2:16 pm
Normal:
The Georgia Alum committee felt bad that Herschel Walker left without getting a degree, so brought him back at halftime last year to give him a chance at a diploma. In order to get a math degree, he was told he needed to answer just one question: What is 2 + 2?? Herschel thought it over for a while, and hesitantly said 4(?). The crowd went silent for a moment, until someone shouted out “Give him another chance!”
Bruno
August 24th, 2010
2:16 pm
Normal:
The Georgia Alum committee felt bad that Herschel Walker left without getting a degree, so brought him back at halftime last year to give him a chance at a diploma. In order to get a math degree, he was told he needed to answer just one question: What is 2 + 2?? Herschel thought it over for a while, and hesitantly said 4(?). The crowd went silent for a moment, until someone shouted out “Give him another chance!”
Herschel got his Bachelor of Science , Criminal Justice degree in 1983.
He’s probably in better shape now than 90% of the backs in college today.
Just sayin…….
The Leg Lamp is a "major award" much like Cynthia Tucker's Pulitzer and Obama's Nobel.
August 24th, 2010
2:35 pm
‘Beat Whitey Night’: Iowa police probe racial attacks at state fair…
Granny Godzilla
August 24th, 2010
2:35 pm
I could be a vegetarian 6 days a week, but you’ll have to pull my Friday Night Steak night out of my cold dead hand.