this is why Scott loves me.

boom

http://www.gamespot.com/news/6278825.html

One-time rental giant enters Chapter 11 bankruptcy with plan to reduce nearly $1 billion debt by 90 percent; no store closings or service cuts yet made.

Once dominant in the US market, video and game rental chain Blockbuster has been under siege in recent years by online streaming, mail-order, and kiosk competitors like Netflix and Redbox. The company's slide was underscored today, as it filed for Chapter 11 bankruptcy.

"That's (not quite) a wrap!"

In announcing the bankruptcy, Blockbuster stressed that it was "pre-arranged," and that the company has reached an agreement with some of its senior debt holders that will see the chain wipe out its nearly $1 billion in current debt. To accomplish this, those debt holders will loan an additional $125 million to Blockbuster so it can complete a reorganization plan that will examine ways to make its 3,000 US stores more profitable.

To put Blockbuster's debt in perspective, the company's revenues for the fiscal year ended January 3, 2010 totaled just over $4 billion. For the moment, all US Blockbuster stores will remain open and its services will continue unaffected by the restructuring. However, there's no telling how long that will last; former rivals Movie Gallery and Game Crazy kept nearly 800 retail locations open upon entering bankruptcy in February, only to shut them all down in May.

Once the restructuring is complete, the senior debt holders will own Blockbuster, and the company estimates its only debt will be $100 million or less of the restructuring loan. Those who currently own Blockbuster stock or hold junior debt will get nothing under the current plan.

The bankruptcy only applies to Blockbuster's US operations. The company's international counterparts, as well as franchisees both international and domestic, are not part of the Chapter 11 proceedings.

Blockbuster's bankruptcy has been expected for some time. Rumors of the move first appeared in early 2009, when the company was struggling under $328 million in debt. Concerns about the company were sparked again last month after a Los Angeles Times article reported on the company's plans for a pre-arranged bankruptcy proceeding that it would start in mid-September.

As of press time, Blockbuster stock was trading for $0.04, down from its $0.06 close on Wednesday. The company's shares have been trending downward for years, going back to a March 2007 high of $7.30.

Q: How do you double the value of a Chevy?
A: Put gas in it.

Q: How is a golf ball different from a Chevy?
A: You can drive a golf ball 200 yards.

Q: Why are there sidewalks beside streets?
A: So Chevy owners have a safe place to walk home.

Q: How much wood could a GM truck haul if a GM truck could haul wood?
A: As much as the Ford towing it.

Q. Whats the difference between a Chevy and a Tampon?
A. A tampon comes with its own tow rope

Q. Why do Chevys have magnetized bumpers
A. To pick up the parts that fall offChevrolet

Q. How do you make a Chevy accelerate 0-60 mph in less than 15 seconds?
A. Push it off a cliff.

Q. What is found on the last two pages of every Chevy's owners manual?
A. The bus schedule.

Q. What did the auto parts counterman say when the customer said, "I'll take a set
of wiper blades for my Chevy"?
A. Sounds like a fair trade.

Q. What do you call a Chevy at the top of a hill?
A. A miracle?

Q. What do you call two Chevy's at the top of a hill?
A. A mirage.

Q. What do you call a Chevy with brakes?
A. Customized.

Q. How do you make a Chevy go faster down hill?
A. Turn the engine off.

Q. Why don't Chevy's sustain much damage in front end collisions?
A. The tow truck takes most of the impact.

Q. What do you call Chevy passengers?
A. Shock absorbers.

Q. How do you improve the appearance of a Chevy?
A. Park it between two Fords

Q. Whats the difference between a Chevy and a shopping cart?
A. A shopping cart is easier to push.

Q. Why did GM put heaters in the tailgates of their new trucks?
A. To keep their hands warm when they are pushing the truck into the shop

Q. Why are the new GM trucks more aerodynamic?
A. So they will save the Fords gas when the Ford tows them away.

Q. What did the Ford say to the Chevy?
A. Would you like a tow home?

Q. How can they improve the new Chevy truck?
A. Put a Ford engine in it.

Q. Why did the chicken cross the road?
A. To push his chevy into the shop

Q. Why didn't the chicken cross the road?
A. Because his silverado got stuck.

Q. Why are the Chevy dealerships giving away a dog with every purchase
A. So the owners have someone to walk home with.

CHEVROLET= Constantly Having Every Vehicle Recalled Over Lousy Engineering Techniques

CHEVROLET= Can Hear Every Valve Rattle On Long Extended Trips.

CHEVROLET= Cheap, Hardly Efficient, Virtually Runs On Luck Every Time.

CHEVROLET= Cracked Heads, Every Valve Rattles, Oil Leaks Every Time.

CHEVROLET= Can Hear Every Valve Rattle, Oil Leaks, Engine Ticks.

CHEVROLET= Cheap Heavy Equipment, Very Rusty, Overly Loved, Eventually
Towed

CHEVY= Cheapest Heap Ever Visioned Yet

GMC= Garage Man's Companion

GMC= Gotta Mechanic Coming

GMC= Gay Mans Chariot

GM= General Mistake

GM= Glued Metal

ode to the Ulriksen

http://www.youtube.com/watch?v=Cjwis3Y5nuQ

its bashin time!

dub has mastered the rc car!

i think it was Chris

PRINCE.EDWARD.ISLAND (CBC) - A Prince Edward Island couple who thought they were legally married nearly 19 years ago found out recently that they may have actually been living common law.
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Jennifer Taylor and Glen Melanson held a marriage ceremony in a Toronto park in 1991. A minister officiated, and the papers were signed.

So the couple, who live in Cornwall, thought everything was in order.

But they never had a copy of their marriage certificate.

When they recently searched marriage registrations for the province of Ontario, their names were not listed. Attempts to find the papers at the church the minister was associated with also failed to produce anything.

Taylor and Melanson don't know if a marriage certificate exists. But, for now, they are unable to prove that they are legally married.

"I was pretty freaked out, to be honest," Taylor said Thursday. "We have two boys and, you know, I've had a wedding ring on for all this time. We have the pictures."

"Anyway, right now we're just living in sin and, you know, hoping for the best. We were just making jokes about it that you know we were going to change our Facebook status to single. And my kids are kind of rolling their eyes because, you know, it's embarrassing."

Taylor said they're trying to figure out what to do next get re-married or go through some other legal channel to make sure they're officially husband and wife.