Ex-president Bush attended the recent BOAO Forum Coference in China, the first time he has made an overseas trip after stepping down as president. He bragged about meeting the Chinese president and other Chineses officials and how at each meeting he took the trouble to explain to his hosts his religious beliefs and faith. I would not be surprised he is combining a business trip for potential business deals and at the same time having a shot in trying to convert the Chinese into devout christians in his image!
WOW, not only sky is falling. Did you check out the price of LCD HD TV? They are falling like a rock too.
I am so tempted to get a new LED (Not LCD) TV... They look so thin and beautiful. Just like a model...
Listen to this one. She has a very valid point. http://finance.yahoo.com/tech-ticke...SHM,TBT,GS?sec=topStories&pos=9&asset=&ccode= No wonder police is working hard giving out those fraging tickets.
is this thin and sexy enough? Cooler is waiting for that http://www.pinktentacle.com/2007/05/flexible-full-color-organic-el-display/ it's curvy, water resistant, crack resistant and cheaper than a model
Depending on what is in your can... Anyway, from the lala land. http://www.cnbc.com/id/30385838?sec=topStories&pos=main&asset=&ccode= Here is my question. From my understanding and hear, they did not use the test on WaMu and Leahman prior to the claps as a calibration for the test. If that is the case, how accurate is the stress test? Beat the hell out of me. We are so screwed... Just an update, after the news came out, the financial stocks drop like a rock. That tell you how much we trust the stress test. I wonder waht body part is treasury stressing...
hahaha, same sentiment i got from one source. he said with free money, even an idiot can make money. the bar is set so low, even a blind crippled man can jump over it. what's worst than screwed? Pureed
Here is what I have problem with little Timmy running around. At beginning, treasury say "We will let the bank that does not pass stress test fail". Now it is "We are going to rescue the stress tested bank". So if they are ready to fail, out in more money... WHAT AN OXYMORON...
first oldsmobiles, now pontiac. these cars just gone up in value http://motors.shop.ebay.com/items/C..._pcatsZ6377Q2c6001Q2c6000QQ_sacatZ6001?_rdc=1 ----------------- GM to pull the plug on Pontiac The brand credited with originating the muscle car will no longer be part of GM's future, Last Updated: April 24, 2009: 4:39 PM ET The Pontiac G8 performance sedan has been a hit with critics but it hasn't caught on with customers. 2008 GM Vehicle Sales Chevrolet 1,801,131 GMC 376,996 Pontiac 267,348 Saturn 188,004 Cadillac 161,159 Buick 137,197 Hummer 27,485 Saab 21,368 Total 2,980,688 NEW YORK (CNNMoney.com) -- General Motors is preparing to announce that the Pontiac car brand, once marketed as GM's "Excitement division," will be killed off, according to a source familiar with the decision. An official announcement is expected Monday. GM spokesman Jim Hopson declined to comment on Pontiac's fate, saying the automaker has no announcements to make at this time.
Don't miss the boat guys... the only way is up. Not much of a downside now. At most 20%. Upside is 100% or more. People are shopping now for sure. Like the LED??? NBA stadium is still full...
I watched CNBC's rebroadcast of the show "House of Cards". I just want to bring up some warnings that should apply to current US admin's approach on the econ approach. 1) Rosy forecast of future. one bog problem of the model used for the CDO is the model assume there is always an average 6~8% increase on housing price. That is not the case. Here, little Timmy and treasury assume that we will get a recovery by H2 of 2009. and continue growth of 3~4% in our econ after that. What happen if we get a L recovery like Japan? Fill in your answer. 2) Iresponsible borrowing. Home owner take out loan on their house equity to support their life style or waht ever. It is the idea of live now and pay later. While assuming you will have a job in 2~3 future. Same as US gov. Let's kick start the econ by selling bond and pump money into econ. What if the income source (tax payers) decrease due to rise in unemployment? You fill in the blank. 3) Greed. The biggest problem of all. Wall St. are full of greedy people. Or they would not work in Wall St. So if there is a way to steal money from little people, Wall St. people will think of it and has done it already. What about the free gov money? Hey, it is free money, why not? What happen to the little people like you and I who escape the econ down turn and have to pay tax since we still works and get pay? You fill in the blank. No matter what, Mr. Broke O'rama is gambling with OPM. not his money. Afterall, he made over $1 mil last year. What does he know about people's daily suffering? beats the hell out of me.
^^What does Mr. BO know abt people's daily suffering?..^^ ..well, he's still sitting comfortably and getting paid by OPM (like what he'd received in the past, today & in the future).. His admin. is still: - Giving/continuing to give out bailout/ stimulus money to companies (AIG), using the people's own tax money, instead of giving them to the little people.. - Still on course for more spending plan (more debt)..yet unemployment rate hasn't slowed down.. - Still clueless abt energy independence. We are still getting oil from other middle east countries yet he's talking about renewable energy (from wind, solar etc.). Ain't gonna work cos more cost to the people.. - Shifting war to Afghanistan & yet broke his promise of bringing back troops from Iraq within 18 months.. So, if i were to give Mr. BO a grade after his first 100 days of office, i'd give him a generous C- (he only passes on his charisma, ability to yap, yap, yap & good intentions).
well, stocks is considered gambling. Didn't see anyone loosing money in stocks? Am sure all must have gone through the phase. Some got burnt big time, some not burnt big time as yet.
