Archive for September, 2008

Looking Forward to the Weekend

First weekend of fall, and we are going camping.  I’m bringing ponchos because its gonna be drizzly.  We are going to the Shenandoah River to teach the kid how to smack raccoons with sticks.

See my previous post here about this awesome camping spot.


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Unisys Fires its CEO

The company that raked in almost 2 Billion dollars in federal funding to build the massive TSA infrastructure as part of the DHS startup, has fired its CEO after dismal performance and an FBI investigation into criminal fraud of their operations tied to DHS contracts. And their stock is hovering around 3 bucks per share.

From CNET here:

IT services provider Unisys announced Tuesday it has begun a search for a new CEO, as the company struggles to right its operations.

Joseph McGrath, who has served as the CEO for the past three years, will step down by year’s end.

Unisys was up 2 percent in early morning trading to $3.22 a share, following the news.

A pullback by customers in the financial services industry, a drop in IT spending, and delayed government orders have contributed to the company’s woes, according to its quarterly reports.

Unisys has a huge presence in my town and I have friends that work there.  Maybe a new CEO is just what they need.


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Joe Biden Mangles American History

Joe “the Gaffe” Biden is on a roll. He called Obama “Barack America” during a stump speech. And then to top that off, he told Katie Couric that FDR went on TV to explain the Stock market Crash of ’29. Which would be a nice trick since FDR wasn’t elected until 1933 and TV wasn’t available to the public until the 40′s.

From Politico here:

“When the stock market crashed, Franklin Roosevelt got on the television and didn’t just talk about the princes of greed,” Biden told Couric. “He said, ‘Look, here’s what happened.’”

As Reason’s Jesse Walker footnotes it: “And if you owned an experimental TV set in 1929, you would have seen him. And you would have said to yourself, ‘Who is that guy? What happened to President Hoover?’”

How long before Obama fires “The Gaffe?” HotAir has more details.


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