Tuesday, September 30, 2008
Dang She Fine
Deezam not Wachovia
Fail to Bail
Congress voted down the $700 economic bailout package Monday. Democrats and Republican as usual blamed each other for the hold up that resulted in Wall Street holding a fire sale on shares and stock plummeting to 777 point loss that has already climb 494 points today. (Hmm)
The bailout backed by both the Democratic and Republican congressional leadership as well as President Bush, failed in the House by a vote of 228-205. Word is some Republicans got their panties in a bunch when Democratic Speaker of the House Nancy Pelosie made remarks prior to the vote along the lines of, "the Bush administration's failed economic policies -- policies built on budgetary recklessness, on an anything-goes mentality with no regulation, no supervision and no discipline in the system." MAN PLEASE! These clowns think too highly of themselves acting like they're looking out for taxpayers with all this outrageous spending going on already. When it's campaign season please believe that you neighborhood politician is going sellout like none other. Oh well, maybe I can get in on some shares of Google now that they're at $400 bucks a pop.
Friday, September 26, 2008
USC falls from #1
Down 21-0 at halftime the #1 ranked USC Trojans loss on the road to Oregon St. 27-21. This tiny running back named Jacquizz Rodgers ran for 186 yards. I really like the USC program but lately they've been faltering and not in the big games. Since that loss to Texas in the BCS Championship. If I'm not mistaken they lost to the Beavers two years ago and last year Standford beat that ace. They managed to have a shot at LSU still, but loss their last game to UCLA! The SEC will make it tough on LSU,FL, and GA...but it is the SEC and the champ will most likely get a bid. Watch out for Alabama. I get the feeling it's going to be another big debate at the end of the year.
Where's Your Money???
Washington Mutual THE largest bank in the U.S. of A has bottomed out! It's about knee deep now, and after the President's 12 minute address to the nation Wednesday night basically pleading for Congress to make it rain a trillion dollars, there is still no deal. The Feds have arranged a deal for JP Morgan Chase to acquire deposits and banks. Word is WaMu had over $300 billion in net assets. On September 17, 2008, it was announced that Washington Mutual had put itself up for sale.
Thursday, September 25, 2008
David Letterman had a question for John McCain
Nothing like a few David Letterman wise cracks as the McCain-Palin ticket continues to hide like vampires from the sun. I guess Obama is Daywalker.
Check My Feet: Yeen Got D'z Air Penny 2 Retro
Can I borrow a $700 billion dollar?
We're in a mess economically that I and it seems like all of Washington don't know what to do about. Have the practices of our corporations and Wall Street investors really been looking out for OUR best interest, and the future of the American people. Honestly, if companies are designating hundreds of millions of dollars to sure up CEO salaries, stock options, nest eggs, and big returns for shareholders...How much was put into taking care of the folks that set the wheels in motion...any compensation for them. And if we borrow money, don't we have to pay interest. What's the going rate for $700 billion. Deezam, that'll be a nice bump for Social Security or our education system. Conservatives that want government out of big business and pushed for deregulation are now at odds with each other on how to keep the real goons and financial supports living above their means. Where was the watchdog while everyone was trying to become the next billionaire? The debt ceiling is raised, the powerful are quick to aid the rich, all the while telling the average citizens the "fundamentals of our economy are strong." On the real we shouldn't cut off our nose to spite our face because it will be the hard working citizens that'll be among the first casualties. But heads need to roll and greed needs to be dealt with. Plus with this being a free market, aren't there a few banks that can acquire these fools that are going under. Our jobs and our tax money has been the front for this nonsense while all of this "investment" went to everyone besides the folks that needed it the most and keep this nation progressive. Now when the shid hits the fan, somebody wants us all to come together and in the meantime call off Presidential debates. Nah Sonn! Now is the time to find out who has a real plan for our country, who is fit to lead, who is fit to bring about change, and who if anyone can be straight with the American Public.