A new biography The Snowball: Warren Buffett and the Business of Life has been published , a million copies by Bantam Dell of which Buffet received $7 Million. The timing of its publication coincides with the greatest financial crisis since the Depression. The title refers to a Buffett saying “Life is like a snowball. The [...]
Entries from September 2008
2008/09/29
Black Monday Dow Jones Down Record 780 Points
The government’s financial bailout plan did not pass in Congress and stocks plunged an ALL-TIME Record One-Day Loss on Wall Street. SELL Orders poured in – The selling was so intense that just 162 stocks rose and 3073 dropped on the NYSE . The prior record one-day loss of 685 points on the first trading day after [...]
2008/09/28
WaMu Handed To JP Morgan On a Silver Platter
The FDIC [ Federal Deposit Insurance Corporation] seized WaMu , the nation’s largest Savings & Loan who had been hit hard by bad mortgages , and sold it to JP Morgan for $1.9 Billion USD Cash and assumption of $31Billion in Bad Loan Debts [making option adjustable rate mortgage arm loans to the least creditworthy borrowers, who were permitted [...]
2008/09/25
Independent Investment Banks Dead $2333 Owed by Every US Man Woman Child
The world has changed. Not very long ago there were five major investment banks. Lehman Brothers and Bear Stearns failed. Merrill Lynch is selling itself to Bank of America. Morgan Stanley and Goldman Sachs are becoming commercial banks. The independent investment bank died this week. Hear No Evil , See No Evil , Speak No Evil $700,000,000,000 divided [...]
2008/09/24
Google TMobile G1 G-Phone Android Mobile Platform
T-Mobile has introduced the G-Phone, the first wireless phone powered by Google’s much anticipated Android software system. Google acquired Android, Inc. back in July 2005 bringing along co-founders Rich Miner , Andy Rubin , Chris White and Nick Sears (former VP at T-Mobile) . Google, the world’s largest internet search engine plans to shake up [...]
2008/09/23
Another New York Institution Finished after 85 Years
Yankee Stadium The House that Ruth Built has hosted its Last Game and will be destroyed What began with a Babe Ruth Home Run on an April afternoon in 1923, ended with a Mariano Rivera save on a September late night in 2008. During the NY Yankees 7-3 win over Baltimore , Major League Baseball [...]
2008/09/22
Team USA Wins Golfs Ryder Cup 2008
Captain America, Paul Azinger said “ I’m just going to stay up all night and party with my boys , we’re going to have a good time tonight. ” Team USA wore Red on Sunday in honor of injured Tiger Woods, and the result was very Tiger-like, a dominating win over Team Europe 16.5 to [...]
2008/09/21
Why Am I So Wealthy
Why am I so Wealthy , Why am I a Financial Genius , Why is My Wealth Increasing Massively Every Day , Why does every Dollar I Spend Return to Me Massively Multiplied , Why do I Always Have All the Money that I Want and Need ? Why do I Effortlessly Attract All the [...]
2008/09/20
Pursuit of Happiness on Earth Land of Smiles Thailand
Thailand remains a world-class destination for tourists, retirement or business investment. Freedom, Prosperity, Peace : something for everyone no matter the budget, guesthouse to 5 star luxury. Affordable cost of living, warm climate all year, friendly people, spirituality, great shopping, food, nightlife, entertainment, beach island resorts, golf , spa and massage. Thailands got it all – did [...]
2008/09/19
Fat Cats Burden US Taxpayers with Trillions of Dollars of Losses in the Marketplace
On Wall Street and in Washington, there is increasing expectation that U.S. taxpayers will either take the bad assets off the hands of financial institutions so they can raise capital, or put taxpayer capital into the companies, as the Treasury has agreed to do with mortgage giants Fannie Mae and Freddie Mac. As always the [...]
2008/09/18
Nightmare on Wall Street Another $700 Billion Investments Vanished
The stock market took another nosedive Wednesday losing another 450 points – another $700 billion in investments vanished. It’s all very volatile, it’s all manipulated by the elite powers that be. WAMU, Washington Mutual, appeared headed toward a sale Wednesday after a major investor removed a potential stumbling block and banking regulators began approaching the most logical [...]
2008/09/17
General Motors GM unveils Chevy Volt Electric Car 40 Miles No Gas
GM proudly debuted to the public the Chevy Volt Plug-In Electric Vehicle – a Car that is NOT powered by a gasoline-fueled internal combustion engine, nor is it a hybrid. The Volt is electric, powered by a 400 pound lithium ion battery nestled beneath the floorboard, an energy source that is both silent, and entirely emission-free. GM, [...]
2008/09/16
Wall Street Worst Day in 7 Years Black Monday Lehman AIG ML
Wall Street had its worst day down 504 points, Black Monday, since after the September 11 attacks as financial instability surged after Lehman Brothers filed for bankruptcy and insurer AIG struggled for survival while Merrill Lynch ML accepted a takeover bid from Bank of America. Bank of America has aggressively expanded to become the second largest bank in the US, by [...]
2008/09/14
Our NFL Game of the Year Won Again
New England as a Dog Winning Straight Up 19-10 over the NY Jets. What a Dog ML Play. We Cash Yet again and you’re all welcome, those who took the advice are RICH. Our College play Saturday USC worked as well, leaving us PERFECT on the year 5-0 ATS. On this Team We Fight For [...]
2008/09/13
Hurricane Ike Pounding Galveston Texas
Hurricane Ike is pounding coastal Texas, especially Galveston, with 17 foot swells and 110 mph winds. It could be the most devastating storm that the Lone Star State has seen since Hurricane Alicia of 1983 which caused $6 billion in damage and 21deaths. Ike is huge. Hurricane force winds extend out 120 miles from the storm’s center and tropical storm [...]
2008/09/12
NFL Lock Game Pick of the Year Patriots Plus 3 on Sept 14
Yes, Tom Brady and his leadership will be missed. But this is a TEAM Game composed of Team Mates, several who have hearts of champions. They’re going to Rally around this and put on a Fine Showing. Gamblers / Bettors look at the Lineups of these two teams, man for man – who has [...]
2008/09/09
Science of Tomorrow CERN LHC Atom Smasher or Doomsday
CERN and the Large Hadron Collider Atom Smasher – Is it an investigation into the makeup of the universe — or dangerous tampering with nature that could spell doomsday. The multi-billion dollar Large Hadron Collider will explore the tiniest particles and come close to reenacting the big bang, the theory that a colossal explosion created the universe. National [...]
2008/09/08
Week 1 Sunday Complete Dallas NFL Cheerleaders
The Dallas Cowboys er Cowgirls Cheerleaders Kick Off Week 1 NFL – High Kicks and Splits Video: Another Week One NFL Sunday is in the books. Lots of Winners – Dallas Cowboys, Steelers and Bears all Rolled. Our Play of the Week Week 1 worked to Perfection with the Pittsburgh Steelers Winning & Covering ATS. Looks [...]
2008/09/07
Federal Government Takes Over 5 Trillion Mortgage Giants
Treasury Secretary Henry Paulson said ”Fannie Mae and Freddie Mac are so large and so interwoven in our financial system that a failure of either of them would cause great turmoil in our financial markets here at home and around the globe.” The companies own or guarantee about $5 trillion in home loans, about half the [...]
2008/09/06
Motorcyclist Dies Racing at Speed of 385 KM 239 MPH
49-year-old Cliff Gullett of Montana was killed after losing control of his 500cc bike at 385 kilometers or 239 miles per hour at the Bonneville Salt Flats in Utah, America. RIDE HARD – DIE FAST. Kids, Don’t Try This at Home. Motorcycle Accident Crash If You DRINK – Don’t DRIVE HELMET its a good thing [...]
2008/09/05
It’s Going to Take More than Balloons to Get This Party Started
John Sidney McCain Goes it Alone. Bush and Cheney No-Shows Snub Old Tired McCain. Outside , police on horseback prevented anti-war demonstrators to march on the convention hall. I only heard ONE POSITIVE THING out of his whole speech -“ “We lost the trust of the American people when some Republicans gave in to the temptations [...]
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