ClosureIsaMyth's Open Salon Blog

Chicago Bulls Blow Big Lead, It's Miami Vs. Dallas

Thu, 26 May 2011 23:05:44 -0400

The Miami Heat are on their way to a championship rematch against the Dallas Mavericks (The Heat won in six in 2006), courtesy of a fourth quarter collapse by the Chicago Bulls. Down by twelve with three minutes to go, the Heat finished on a 18 to 3 run to to beat the Bulls 83 to 80, and clinch the series, four games to one.

Lebron James was the high scorer, and he proved again why he is the "King" and Derrick Rose is a "pretender" to the throne. For the second game in a row, Rose missed critical shots at the end of the game that could have earned victory for his team. To be fair to Rose, he is the only real scorer on the Bulls, while the Heat have three proven scorers in Lebron James, Dwayne Wade, and Chris Bosh.

The Chicago Bulls may have the best defensive team in the NBA. The Miami Heat may have the second best. Everyone likes to talk about the trinity of Lebron James, Dwayne Wade, and Chris Bosh, but make no mistake, it was the defense of the Heat that allowed them to win this series.

The next big question is which Hall of Famer will win his first NBA title? Lebron James or Dirk Nowitski of the Dallas Mavericks? My prediction is that the Miami Heat will win in six games, and King James will grab the golden ring.

A Letter To Hitler, We've Still Got This "Jewish Problem"

Thu, 10 Jun 2010 20:06:57 -0400

Dear Mr. Hitler,

You can stop turning over in your grave now. The tide is finally starting to turn against the one jewish sanctuary in the world, Israel. I know you feel partially responsible for the creation of Israel because the overwhelming guilt created by your mass extermination of Jews is one of the main reasons why the United Nations voted in favor of giving Palestine to the Jews.

For many years, the United States, Israel's biggest supporter, has allowed pro-zionist government policy to prevent Israel's neighbors from consumating a second Holocaust. As is it was back in your youth, when you toiled in prison writing "Mein Kampf," it is still the case that the Jews control the media, the global banking system, and the New Jersey Turnpike.

You can comfort in the fact that Israel is more isolated than ever and a fanatical admirer of yours, President Ahmadinejad of Iran, may soon achieve his goal of wiping Israel and all of its inhabitants off the face of the earth.

Don't get your hopes up just yet. Those damn jews still have a lot of clout. Just recently they forced a famous journalist, Helen Thomas, to resign after she said that the jews should "get the hell out of Palestine." Ms. Thomas went on to say that the jews should go back to Poland or Germany, wherever they came from. "Jews going back to Germany," I knew you'd get a kick out of that one. I thought that was pretty funny as well.

Listen up Al. If you have any ideas how we can blame the British Petroleum oil spill in the Gulf of Mexico on the jews, please get back to me on that. I promise to keep you posted on Israel's demise, and you will be the first to know when we accomplish the final solution of the jewish problem.

Yours Truly,

Adolph Hitler III

Would You Rather Be Politically Correct Or Dead?

Fri, 8 Jan 2010 14:01:31 -0500

Terrorism and the specter of 9/11 reared its terrifying head on Christmas Day with the alleged attempt by Umar Farouk Abdulmutallab to blow up a Detroit-bound plane. Fortunately, Mr. Abdulmutallab's explosive device failed to activate correctly, thereby saving the lives of all the passengers and crew.

The question remains: What could have been done to prevent Umar Farouk Abdulmutallab from boarding the plane? The answer has nothing to do with full-body scans, taking off your shoes, or hiring more TSA workers. The answer is simple yet hard to admit because it is politically incorrect: "Racial Profiling."

Let me make myself clear. I do not believe that every young Arab male or individual with an Arab sounding name is a terrorist. What I am suggesting that with regard to air travel, there is a higher likelihood that a young Arab male will commit acts of terrorism than any other group. My suggestion might infuriate the ACLU, but I think that many airport security experts would agree with me.

Recently, I put my two children on a flight to fly as unaccompanied minors. I do not believe that there were any young Arab males on their flight. However, if there were any young Arab males I would hope that airport security would have conducted an extra thorough search on those individuals rather than a randomly chosen search on a eigthy seven year-old grandmother from Wisconsin.

So I ask again, would you rather be politically correct or dead?

Open Call - How Much Can You Stuff Up Your Ass?

Sun, 11 Oct 2009 15:10:45 -0400

Since most people are already "full of shit," there really isn't a lot of room up there for anything else.

Disclaimer: Don't try this at home - try it at someone else's home or a public restroom like George Michael did.

Ciao

Supreme Court Screws Chrysler Bondholders

Wed, 10 Jun 2009 14:06:46 -0400

The pension fund of the state of Indiana, the Indiana State Teacher's Retirement Fund, and a few other brave souls decided to defy the United States government and challenge the White House's remarkable intervention and engineering of the Chrysler bankruptcy filing.

Chrysler went bankrupt for several reasons, but the bottom line is that they had accumulated massive amounts of debt which they could not possibly repay. The process of going through bankruptcy can be complicated for a large company, but there is a method to the madness. In general, the assets are sold off to the highest bidders and the money recovered is then distributed to the creditors.

A company raises capital by selling debt. A common way to sell debt is by issuing bonds. The purchasers of the debt are the bondholders. A bondholder is considered a creditor.

Not all creditors are created equal. There are a long line of people trying to get their money back, and the bankruptcy law specifically stipulates who has the highest priority. At the front of the line are the "secured" bondholders. At the back of the line are the holders of common shares. Somewhere in the middle are preferred share holders.

The White House intefered in Chrysler's bankruptcy. Legally binding contracts were ignored. The secured creditors were given the message,

"Sorry but this is how it is and we really don't care what the law is. We are the law and we can do whatever we want."

Most of the secured creditors caved in to the pressure from the White House, but a few, such as the Indiana State Pension Fund and the Indiana State Teacher's Retirement Fund decided to assert their legal rights and took it all the way to the Supreme Court.

At first it seemed the Supreme Court would do the right thing when Supreme Court Justice Ginsburg issued a "stay" or delay to Chrysler's bankruptcy filing. Then she ruled that the bankruptcy filing could go forward.

Did the Supreme Court cave in from White pressure? Whatever happened to our system of "checks and balances"? Supreme Court Justice Ginsburg ruled that the Supreme Court would not hear the case. It is my opinion that White House and Justice Ginsburg did not want the case to proceed because the plaintiffs had a strong enough case to block the inapropriate abuse of power by the executive branch.

Why is this story of executive branch power run amuck, a precedent started by Bush and continued by Obama, not blaring from the front covers of the New York Times and Wall St. Journal?

Why is this story not on the cover of Open Salon (Hint, Hint).