Showing posts with label Financial. Show all posts
Showing posts with label Financial. Show all posts

Friday, November 21, 2008

Unemployment Compensation Extended up to 13 weeks



Before leaving for Peru, President George W. Bush signed into law an extension on unemployment benefits for those who have run out, or are about to run out. This actually is the second extension that Bush has signed during this economic crisis. The extension is 13 weeks in states with an unemployment rate in excess of 6%, otherwise the extension is for a term of 7 weeks.

Finally something for the average man in the time of corporate bailouts. It was rumored that this is one of several requests that President Elect Barack Obama discussed in their joint meeting just over a week ago.

Another hot topic is the Colombian Trade agreement that Bush favors signing before leaving office. Obama and the UN are both concerned with the atrocities carried out against the civilian population.

Tuesday, November 4, 2008

77 Days until Bush vacates the White House


Only one thing breaks the deafening silence at the White House today - the pounding of hammers outside the north fence as workers construct the inaugural parade grandstand. President Bush, for the fifth day in a row, has no public events on his schedule. Even the daily White House briefing has been cancelled for Tuesday.

I look forward to the day when the White House is once again a symbol of respect, for the nation and world to view with pride. We'll know within the next twelve hours whether we must wait four more years or just until January 20th, 2009.

Monday, November 3, 2008

Sunday, November 2, 2008

Marcus Patrick Entrepreneur



Model, trainer, singer, actor, dancer Marcus Patrick has added entrepreneur to his resume. He has launched MarcusPatrickHotBody.com. The beautiful Mr Patrick is prepared to help you shape your mind and body to reach your physical potential. What better advertisement than Marcus Patrick himself.

I hope that Marcus Patrick enjoys as much fiscal success as I do his physical success.



Monday, October 27, 2008

Friday, October 24, 2008

U.S. suspends trade deal with Bolivia



PUERTO VALLARTA, Mexico (AP) -- The United States is suspending a trade deal with Bolivia, U.S. Secretary of State Condoleezza Rice said Thursday.

U.S. Secretary of State Condoleezza Rice arrives Wednesday in Puerto Vallarta on a visit to Mexico.

She called it unfortunate but necessary because Bolivian President Evo Morales has failed to improve anti-drug efforts.

Rice made the announcement just as Bolivian envoys arrived at the U.S. Trade Representative's office in Washington to lobby for continued participation in the Andean trade pact, which lowers U.S. tariffs for Colombia, Ecuador, Peru and Bolivia in exchange for cooperation with the U.S. war on drugs.

Bush last week signed a six-month extension of the Andean Trade Promotion and Drug Eradication Act, and it wasn't immediately clear when Bolivia would begin losing out. Rice said the U.S. Congress will decide.

The suspension will raise U.S. tariffs on imports of Bolivian jewelry, textiles, wood and other products. Bolivia estimates that 30,000 workers would lose their jobs and more than $300 million in exports would be priced out of the U.S. market.

Thursday, October 23, 2008

Bolivian President Evo Morales leads protest urging change


President Evo Morales led more than a 100,000 supporters in the final stages of a week long march into the Bolivian capital, La Paz, on Monday to demand that Congress call a nationwide vote on a new constitution empowering the country's long-oppressed indigenous majority. The proposed constitution also would let the popular Morales, Bolivia's first indigenous president, to run for re-election.

Morales says the new constitution will give more political power to the country's downtrodden Indian majority and entrench his leftist economic reforms.

Tuesday, October 14, 2008

America Agrees We Are On The Wrong Track !



A new CBS News/New York Times poll finds that 89 percent of Americans believe that country is on the wrong track, a new all-time high surpassing the 83 percent who said the same earlier this year. Just seven percent of Americans in the poll said they felt the country was headed in the right direction, down from 14 percent in September. Solid majorities of Republicans, Democrats and Independents agreed that the nation is on the wrong track.



Check here at CBSNews.com for full results.

Monday, October 13, 2008

The National Debt Clock has run out of digits


The National Debt Clock in Times Square has run out of digits. It is no longer able to accurately reflect the massive debt incurred within the Bush administration. It will be replaced in 2009 and will be able to track debt up to a quadrillion dollars, which is a '1' followed by 15 zeros.

How tragic that we have mortgaged the future and it was not on education, rebuilding our infrastructure, health care, or fixing the medicare disaster that is looming before us. Trillions were squandered on war, massive bank deregulation leading to a bailout, tax loopholes for outsourcing, tax cuts for the wealthy, Blackwater, Haliburton, and the mismanagement of a record budget surplus.

Just to think that Americans are embracing Sarah Palin, she is a female George W. Bush. Perhaps she is not as dumb as Busch, she can read teleprompters and can memorize; she is much more dangerous considering the fiasco he is leaving behind. We can not afford to allow her near the seat of power, for I fear all will be lost. Can we not recognize a wolf in sheep's clothing, or dressed as a pit bull in lipstick. Wake up people!

Monday, October 6, 2008

Got an idea to help the world? Here's $10 million


(CNN) -- Got an idea that could change the world, or at least help a lot of people? Google wants to hear from you -- and it will pay as much as $10 million to make your idea a reality.


People are encouraged to submit their ideas, in any of 25 languages, at http://www.project10tothe100.com/index.html through October 20. Entrants must briefly describe their idea and answer six questions, including, "If your idea were to become a reality, who would benefit the most and how?"

Sunday, September 28, 2008

WaMu CEO: 3 weeks work entitle him to $18M after the largest bank failure in U.S. history



On on Thursday, September 26, federal regulators seized the company, making it the largest bank failure in history. JPMogan Chase snatched up Washington Mutual's banking assests.

WaMu Chief Executive Alan Fishman could walk away with more than $18 million in salary, bonuses and severance after less than three weeks on the job, according to the terms of his employment agreement. He can opt to decline the package that he is entitled per his contract, filed with the Securities and Exchange Commission on Sept. 11.

Click here for more details The largest bank failure in U.S. history

Friday, September 19, 2008

Short Selling Stock is temporarily banned in UK and USA


As a band aid approach to the hemorrhaging of the market, short selling of stocks is suspended for ten days. This will do little more than hide the symptoms of disease
In a time of financial crisis there are great amounts of money to be made by picking the bones of the fallen. Here is a clear explanation of short selling.