I know I love anything google. Seriously I bet I have tried everything, and I mean everything. now I'm trying this. loaded it on my PC at work and so far, not so good. need to give it some time. Speed seems excellent, but navigating the browser is taking me some time.
Monday, November 24, 2008
Saturday, October 25, 2008
Thursday, May 01, 2008
Where does Money come from?
Darren sent me this link and I thought it was so good and informative that I had to make sure that everyone saw it.
Now I totally get what happened to Bear Stearns and the subprime mortgage mess.
If I could only devise a way to beat the bank at its own game, I'd be rich. However there are a lot of investing strategies that are making sense now because of this video.
Credits to the creators.
Now I totally get what happened to Bear Stearns and the subprime mortgage mess.
If I could only devise a way to beat the bank at its own game, I'd be rich. However there are a lot of investing strategies that are making sense now because of this video.
Credits to the creators.
Tuesday, April 08, 2008
Maybe this will help you
Found this video on YouTube and I think this will help you understand what is happening to the dollar.
OK. Understand now? Any questions?
OK. Understand now? Any questions?
Tuesday, March 18, 2008
Curent market conditions alla my take
Lets start with the recession, is there or isn't there?
Oh come on now are you serious, there totally is. Have been in one now since last September. By definition it starts when we have 3 consecutive down months. Do I need to show you charts?
Depression? Well lets start with were over due for one. The federal government is back testing how to best weather a depression now. The Church I attend has been warning for some time now for everyone to get their finances in order. And apparently are reiterating a last minute effort to get out of debt.
That last item is the one that concerns me the most and angers me the most. It seems to me that the government awards those that spend more than they can afford. and I'm not just talking about the Americans any more. The Canadian government is stepping up to follow in the US Governments foot steps. Bail out those that over extend themselves with credit. How sub-prime mortgages, liquidity crisis.
OK, Bear Stearns. How does a company that was valued at $159.36 just one year ago go to $2.00 one year later? OH my head hurts. where do i start, how about Enron, and Worldcom all over again. How does the CEO wake up one morning and state to the world that he had no idea that they were so over extended until 24hrs earlier. LIAR these people need to locked in a jail somewhere and have the keys thrown away. The Board of directors as well as the CEO, CFO...
Will justice be served in this mater? Not likely.
To make matters worse JPMorgan is only a mediator between the Fed and Bear Stearns. BS need to repay its own loans even though JPM now owns BS. So in essence JPM gets a free loan for there new company BS and will never have to pay it back because BS is going to be insolvent. The Fed is stuck with bad loans backed by even worse mortgages. In the mean time JPM will strip BS of any value and leave the tax payer on the hook. The Fed just keeps shoveling the prairie oysters to the tax payer, and your expected to thank them for it.
But this isn't just happening with the big boys this is happening all the way down the line to the little guy. so if I had more incite I should have over extended myself bough too much mortgage, maxed out a second mortgage for additional properties, bought boats and trips and ... and I would have been doing my part to stimulate the economy; because in America 2/3 of the stimulus to the economy is consumption by consumers. And my reward for all this, living the high life, having the tax payers repay my losses and still own my fortune...HURL.
The Fed as of Wednesday has $703.4 Billion dollars of sub-prime mortgages. So feel free to default on your mortgage the government wont do anything they will how ever just increase your taxes to make up for it, eventually.
Oh and the whole auction process of obtaining these fed loans discuss me...
And today, Americans are so worried that they are starting to consider pulling their cash out of the banks than run the risk of losing their money because the bank is closed and their money is gone. Where is all this cash coming from? it can't the majority of world currency is electronic which would mean that the government would need to print Trillions of dollars to feed the consumer for exchanging their electronic currency for cold hard cash. OH wouldn't it be something if the every day American decided to exchange their Dollars for another Currency? KaBoom!
On to Canada. Our Government is bailing out the Canadian banks that took on bad American sub-prime mortgages. Look, if the Canadian banks were stupid enough to get involved in another countries mess then their bad, but don't mess with MY surplus because of your bad management.
Oh come on now are you serious, there totally is. Have been in one now since last September. By definition it starts when we have 3 consecutive down months. Do I need to show you charts?
Depression? Well lets start with were over due for one. The federal government is back testing how to best weather a depression now. The Church I attend has been warning for some time now for everyone to get their finances in order. And apparently are reiterating a last minute effort to get out of debt.
That last item is the one that concerns me the most and angers me the most. It seems to me that the government awards those that spend more than they can afford. and I'm not just talking about the Americans any more. The Canadian government is stepping up to follow in the US Governments foot steps. Bail out those that over extend themselves with credit. How sub-prime mortgages, liquidity crisis.
OK, Bear Stearns. How does a company that was valued at $159.36 just one year ago go to $2.00 one year later? OH my head hurts. where do i start, how about Enron, and Worldcom all over again. How does the CEO wake up one morning and state to the world that he had no idea that they were so over extended until 24hrs earlier. LIAR these people need to locked in a jail somewhere and have the keys thrown away. The Board of directors as well as the CEO, CFO...
Will justice be served in this mater? Not likely.
To make matters worse JPMorgan is only a mediator between the Fed and Bear Stearns. BS need to repay its own loans even though JPM now owns BS. So in essence JPM gets a free loan for there new company BS and will never have to pay it back because BS is going to be insolvent. The Fed is stuck with bad loans backed by even worse mortgages. In the mean time JPM will strip BS of any value and leave the tax payer on the hook. The Fed just keeps shoveling the prairie oysters to the tax payer, and your expected to thank them for it.
But this isn't just happening with the big boys this is happening all the way down the line to the little guy. so if I had more incite I should have over extended myself bough too much mortgage, maxed out a second mortgage for additional properties, bought boats and trips and ... and I would have been doing my part to stimulate the economy; because in America 2/3 of the stimulus to the economy is consumption by consumers. And my reward for all this, living the high life, having the tax payers repay my losses and still own my fortune...HURL.
The Fed as of Wednesday has $703.4 Billion dollars of sub-prime mortgages. So feel free to default on your mortgage the government wont do anything they will how ever just increase your taxes to make up for it, eventually.
Oh and the whole auction process of obtaining these fed loans discuss me...
And today, Americans are so worried that they are starting to consider pulling their cash out of the banks than run the risk of losing their money because the bank is closed and their money is gone. Where is all this cash coming from? it can't the majority of world currency is electronic which would mean that the government would need to print Trillions of dollars to feed the consumer for exchanging their electronic currency for cold hard cash. OH wouldn't it be something if the every day American decided to exchange their Dollars for another Currency? KaBoom!
On to Canada. Our Government is bailing out the Canadian banks that took on bad American sub-prime mortgages. Look, if the Canadian banks were stupid enough to get involved in another countries mess then their bad, but don't mess with MY surplus because of your bad management.
Thursday, March 06, 2008
Muzac for the work day
I saw this and laughed out loud. Some of the clips I'd seen, others I haven't. But what a great presentation. Enjoy.
Friday, January 25, 2008
What the H#ll is Fiduciary?
Got this letter from my former employer, reminding me of my fiduciary responsibilities. I looked all over the Internet for a decent definition, and it seems to me that the term is left rather loose to my liking. Though it would seem that if you are to be labeled with such a tag that you would be in a position of ownership. Which would provide you with the opportunity to review the annual financial statements, and make all decisions without the approval of or from your employer. Seems that the definition is left to interpretation which has me in hot water.
Never the less, I'm being accused of having inside information and using it for my advancement. Lets get one thing straight, I stole nothing. I am incapable of stealing that which I am accused of taking and it also plants the seed that this company feels it has ownership over individuals and personal freedoms of both past and present employees. In fact that which is missing, left of its own accord, and was leaving either way regardless of my involvement or position in the community and further more it advances me nothing.
I hear stories on the Internet all the time of other companies cherry picking. Truth be told you can't lose that which you can't control. This stolen artifact has a free will.
So how am I to compensate for losses, when this "artifact of free will" chose to leave. Whether it came to me and my present employer or another company it was leaving. So how do you prove loss. I don't think you can.
Never the less, I'm being accused of having inside information and using it for my advancement. Lets get one thing straight, I stole nothing. I am incapable of stealing that which I am accused of taking and it also plants the seed that this company feels it has ownership over individuals and personal freedoms of both past and present employees. In fact that which is missing, left of its own accord, and was leaving either way regardless of my involvement or position in the community and further more it advances me nothing.
I hear stories on the Internet all the time of other companies cherry picking. Truth be told you can't lose that which you can't control. This stolen artifact has a free will.
So how am I to compensate for losses, when this "artifact of free will" chose to leave. Whether it came to me and my present employer or another company it was leaving. So how do you prove loss. I don't think you can.
I'd love to hear your input on this as I'm quite upset over the matter and has caused my present employer to lose production from me. Not to mention the stress on my family.
Sunday, January 20, 2008
Signs of a bad boss
I was reading this article from the New York Times, and just had to share it with you. These are so true, I've had bad bosses and this is right on the money.
I just hope that I'm not that bad boss, heaven knows I'm not perfect.
I just hope that I'm not that bad boss, heaven knows I'm not perfect.
Thursday, January 17, 2008
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