Alaska Governor and Arguably the Dumbest Politician Alive , Sarah Palin – Pardons one Turkey named Thanksgiving while others are Slaughtered on Camera directly behind her while she mindlessly chats away at Triple D Farms in Wasilla Alaska. Katie Couric: when it comes to establishing your worldview I was curious – what newspapers and magazines did [...]
Entries from November 2008
2008/11/28
Black Friday WalMart Employee Trampled to Death
Black Friday – just after 5 am at the Wal-Mart store in Valley Stream [Long Island] New York one employee was Trampled to Death by a Stampede of Fanatical early morning shoppers who Broke the Doors down. The male worker was taken to a local hospital and by 6 am was pronounced dead at 34 years [...]
2008/11/28
Turkey Day Macys Thanksgiving Parade
The North American Thanksgiving Day Holiday was Thursday Nov 27 2008. The “Harvest Festival” is a time to give thanks for the harvest and life in general. The ”First Thanksgiving” is believed to have occurred at Plymouth , Massachusetts in 1621. The Boys at the History Channel have a nice website up with Thanksgiving facts and videos. The Centerpiece [...]
2008/11/20
Stocks Plunge Treasurys Surge
Unrelenting GLOOM has taken over the Financial Markets. The DJIA fell 444.99 Points [5.5%] to Close at 7552 with another HEAVY LATE SELLING pattern. It was the Dow’s biggest percentage drop since Oct 22 and its Lowest Close in over 5 Years. Investors seeking the safety? of 3 month Treasurys sent T-Bill yields to 30 year [...]
2008/11/19
Dow Jones Stock Market in Free Fall to 7997
The Financial Crisis has Wiped Out $6.7 TRILLION already since the S&P 500 High of Oct 2007. The Feeling is Much More is yet to come especially after Wednesdays announcement of NO BAILOUT for GM & Ford. The Selling was so Intense on the NYSE that there were 2943 DECLINERS while only 158 companies traded positively. [...]
2008/11/19
Kangaroos Genetically Similar to Humans
Australian Researchers on Tuesday reported that Australias Kangaroos are Genetically Similar to Humans. Scientists have for the first time Mapped the Genetic Code of the Kangaroo and found much of it was similar to the Human Genome. There are some obvious differences but we share the same genes and a lot of them are in the [...]
2008/11/18
First Time Ever in NFL Football history
Interesting Week 11 in NFL Professional Football. First Time EVER there was a 11-10 Final Score [Steelers over Chargers]. First Time in Six Years there was a TIE SCORE FINAL 13-13 [Philly at Cincy]. And yes Donovan McNabb didn’t know the game could end in a tie – moron. Ten Games were decided by ONE SCORE [...]
2008/11/17
SEC should Investigate Las Vegas Sands not Mark Cuban
The SEC has charged Mark Cuban – the Billionaire Entrepreneur & Owner of the Dallas Mavericks , Landmark Theaters & HDNet with Insider Trading by using confidential information on a stock sale of Mamma.com to avoid more than $750,000 in losses. Mark Cuban responded ” The governments claims are false and they will be proven to be [...]
2008/11/16
G20 Death of the Dollar Standard Birth One Central Bank
With the “Greatest Depression” playing out on Bush’s watch , the G-2o finance ministers met in Washington and have given themselves until April 30 , 2009 to Overhaul the Worlds Financial System. The next G-20 Summit will probably be held then in London. The World has , in effect , Elected a new Body to Oversee the International Capitalist Economy. [...]
2008/11/15
Space Shuttle Endeavour Rockets Toward Intl Space Station
7:55 PM EST from NASA’s Kennedy Space Center Florida under a Bright Full Moon , the Space Shuttle Endeavour Blasted Off , Lighting Up the Night-Time Sky as it Rockets toward its Rendevous with the International Space Station on Sunday Afternoon. Endeavour Commander Chris Ferguson , Shuttle Pilot Eric Boe and Five Mission Specialists will be aboard [...]
2008/11/14
Deflation or Inflation You Gotta Eat
October Retail Sales and prices of goods imported to the USA dropped by the most on record pointing to a rising danger of Deflation. Deflation is caused by a collapse in demand and is associated with Recession and in this case it certainly appears to be a long term economic depression. Money & Products : Supply & [...]
2008/11/13
First Photo of Extrasolar ExoPlanet
Astronomers have their first photos of Exoplanets , alien planets outside our solar system , courtesy of the Hubble Space Telescope. An extrasolar planet [exoplanet] is a Planet beyond our Solar System , orbiting around another Star. The frequency of detection is increasing – with 61 planets detected in 2007. The pictures show 4 likely planets that appear [...]
2008/11/12
Crude Oil Price $56 and DJIA 8282
Crude Oil Hit a 20 Month Low closing down 5.3% to $56.16 & the Dow closed down 411 points 4.7% to 8282.66 Declining stocks far outnumbered advancing ones on the NYSE by a ratio of 12 to 1 and on Nasdaq a 7 to 1 ratio. Google , Chevron , Exxon Mobil and Banking/Financial Stocks were all Hard Hit. [...]
2008/11/11
Veterans Day Nov 11 Honoring All Who Served
Veterans Day is a holiday observed Nov 11th Annually in the United States in honor of all those , Living and Dead , who served with the US Armed Forces in wartime. There are five states with 1 million or more veterans. California (2.1 million) Florida (1.7 million) Texas (1.7 million) New York (1.1 million) [...]
2008/11/10
Circuit City BANKRUPT
Circuit City filed for Bankruptcy Monday with Liquidation Likely. Trading of CC shares on the NYSE were halted as shares fell to 11 cents. Circuit Citys struggles intensified as consumers spend less , credit is tighter and lost market share to rivals Best Buy & Wal-Mart. The company’s biggest creditors are Hewlett-Packard ($118.8 million) followed by Samsung ($115.9 million) Sony ($60 million) Zenith [...]
2008/11/08
Death by Firing Squad for 3 Bali Bombers in Indonesia
Indonesia Executed the three men convicted of the Oct 12, 2002 bombings in Bali that Killed 202 people [ 124 of them foreign tourists] . It was Death By Firing Squad at Midnight for Imam Samudra , Amrozi Nurhasyim and Ali Ghufron. The three members of Jemaah Islamiyah said the suicide bombings were meant to punish the US and its Allies [...]
2008/11/07
$14 Billion Cash Burn GM Ford Bankrupt Soon
General Motors Corp and Ford Motor Co reported far deeper than expected quarterly losses on Friday. GM , the largest US automaker , reported a $4.2 billion quarterly loss while Ford posted a nearly $3 billion quarterly operating loss. General Motors Cash Burn was $6.9 BILLION – Fords $7.7 BILLION. Unless something changes soon – BANKRUPTCY EMINENT [...]
2008/11/02
Incoming!
A piece of space station trash the size of a refrigerator is poised to plunge through the Earth’s atmosphere late Sunday, more than a year after an astronaut tossed it overboard. NASA is tracking the object – a 1,400-pound (635-kg) coolant tank thrown from the International Space Station – to make sure it does not Endanger [...]