Ali G.
It's a little long but hilarious. Plus it's not from his T.V. show so it's probably new.
What is "it" going to be today?
It's a little long but hilarious. Plus it's not from his T.V. show so it's probably new.
There's a lot of rumors spreading out there about an April's Fools Day virus. There was even a 60 Minutes article this past Sunday about it. I was ignoring the warnings assuming it was going to be like every other over hyped massive attack or the Y2K problem but this story appears to have some legs. A virus infiltrated someone's contact list and sent the virus to everyone on it. Of course you need to open the email and click on the link which most of us will avoid doing but that was all it took. My friends brother was infected and probably spreading the virus along.
Why do some guys feel the need to shave their legs. I really started to notice this phenomena at the gym during spin classes. Not that i was looking but the blinding light reflecting off their legs caught my attention as I was on the verge of dying from exhaustion. I barely think it's acceptable for world class athletes. Only in the rarest of cases does one billionth of a second make a difference in a race and i'm pretty sure that's the most it helps (maybe swimmers get more but they all where full body suits...) But what are these guys at the gym who are clearly not world class athletes (if they were, they wouldn't be working out at 24 Hour Fitness) thinking when they shave their legs.
Rick Wagoner will likely reject his "Salaried Retirement Plan" and "Executive Retirement Plan" valued at over 20 million because of the scrutiny he would likely receive. It's not like he needs the money...it is estimated he made over 60 million in salary during his tenure with GM. But the fact is that he deserves the money. A contract is a contract. I'm not sure why we as Americans have started getting outraged over companies honoring contracts made before things went bad. If Wagoner decides to return the money, then good for him. But it SHOULDN"T be expected or forced upon him. This whole situation should teach us that huge compensations should be based on long term results, not short term gains.
How can you ignore a band with a name like that! I highly recommend checking them out. They have been around for a while (2003) but that shouldn't matter. They have a unique '80s rock, punk sound.
Big news in the auto industry as Rick Waggoner was sacrificed (i mean reassigned) as the CEO of General Motors. The man took over as CEO 5 years ago and has worked hard to restructure the union contracts but apparently didn't work fast enough. Why is the government acting so inconsistently over and over again? They leave in place many of the big banking executives (even though they are trying their hardest to drive them away by threatening to tax their bonuses) yet force Waggoner to resign? They loan money to companies but don't want a spot on the board yet they want to make decisions as if they were. It's just very confusing to me.
I'm not sure i fully understand Geithner's toxic asset relief plan but I thought it's goal was to remove the "toxic assets" from big banks and financial institutions balance sheets. So, why when Bank of America and Citigroup are expected to ask for more bailout funds in the coming weeks are they buying up these assets? Aren't a lot of the toxic assets up for sale on THEIR balance sheets?
This is one of those, if it weren't real you wouldn't believe it, stories. The discovery channel documentary, "Disaster on K2" follows a team of climbers attempting to summit K2, the second highest peak in the world but considered more technical and dangerous than Mt. Everest.
"Academic Earth is an organization founded with the goal of giving everyone on earth access to a world-class education."
It's really interesting hearing educated professionals debating Marijuana. It's even more interesting that the 7 out of the 8 commentators are advocating its legalization and it's all on CNBC with the market ticker running below it.
I stumbled upon this blog today (http://andreakristeen.blogspot.com/) and was drawn to the list she put together. It didn't take me long to realie how different this complete stranger and i truly are. How many of the items on her list do you "wish" you could do? I struck out.
Obama appeared on 60 Minutes last night. I'm probably the youngest regular viewer by a couple decades but it's a great way to wind down the weekend. I expected Obama to stick to the script his staff put together for him and he did. but what is amazing about Obama, unlike Bush, is his ability to connect with people through speech. He proves it time and time again that he is one of the best orators of our time.
Doug's Prediction
Michigan St. 74
USC 68
You can’t spell SUCK without USC.
P.S. It’s hard to be a UCLA fan these days. USC has built one of the best athletic programs in the country. Unfortunately, UCLA was left behind and bringing Rick Neuheisel in as their footbal head coach was a mistake. He's worthless.
Read more...Who wouldn't like to make millions of dollars overnight through some brilliant investment? While that's not very realistic, the old adage remains true; You can't win if you don't play. Granted the inverse is also true; if you don't play you can't lose but let's ignore that side for now.
"For someone new coming into the markets, what steps would you recommend they use to get started?
Start small, manage your losses, look at what you are doing and how it fits into the broader cycle. Make sure you learn something from every trade, winner or loser.
Read vociferously. Learn constantly.
What is the biggest stumbling block you see for most beginner traders, i.e. where do you see them making the biggest mistakes?
Their own brains get in the way. Stop thinking like a scared primate, and instead think like an alien visiting earth. Look around at the emotional monkeys around you, giving into their worst instincts. All that money is lying around, waiting to be picked up by someone without that wetware getting in the way.
In today’s trading environment, where do you see the biggest opportunities for traders?
In this environment, there is a real opportunity for the truly talented to shine. Look at some of the new names who have been hitting the cover off the ball. Anyone can make money in a bull market, but this has really separated the men from the boys. Some very well known managers and traders have been unmasked as plain lucky or leveraged bull market bums or just plain old fools.
We found that having a technological edge is a must have in this environment. We eat our own dogfood – we use the FusionIQ quant product in all of our stock picking and asset allocation. It has made us much better traders and money managers.
What do you see in store for the markets in 09?
More economic weakness, no recovery in 2009. Earnings will be awful. This is likely to be a 3 year recession at the least.
If a turnaround, when do you see that happening?
Economically? Late 2010 if we are lucky.
Marketwise, as we get oversold enough, as things get really cheap, that’s where you can aggressively buy. But we are not quite there yet."
The full interview can be viewed here, http://www.ritholtz.com/blog/2009/03/interview-with-a-financial-blogger/
I couldn't agree more with, "Read vociferously. Learn constantly." I had no idea what vociferously was so i looked it up (I'm not ashamed!) It means to scream, shout or holler; an outcry. I think he's arguing that you should question what you read and look at the data behind it. Statistics are too easy to manipulate.
I think the bonuses handed out at some of these failing companies like Fannie, Freddie and AIG was in poor taste but i don't think the government should pass legislation that specifically goes after the bonuses with a 90 percent tax (don't worry, state and local taxes should recoup the other 10 percent). It seems like it's setting a dangerous precedent. It says to me that if the government doesn't like how much someone gets paid they can specifically go after the person. This isn't a tax on all people who got a bonus. No no, it is a tax on some of the companies that received bailout money and some of them that paid out large bonuses.
Gmail just released a new feature that allows you to "unsend" an email. Granted, you need to make the decision within 5 seconds of sending it; but it's a start.
While it's much easier to ask the government for money it isn't going to get people buying cars again. Fear of losing a job is one of the major reasons people drastically reduce spending. This is especially true for big ticket items like houses and cars. In order to combat this, Hyundai, a Korean car company introduced the "Hyundai Assurance" program. You have probably seen their commercials. This is from their website,
Thanks CNN and all of you experts out there for making us all a little bit smarter today. The headline read, “Skiers can cut risks by wearing helmets, experts say.” Really? I had no idea. We all would be lost without these experts.
Experts have also concluded:
Stubbing your toe hurts, experts say.
Running makes people tired, experts say
On his latest visit to Africa the Pope held firm on his stance that condom use is immoral. This is very unfortunate.
The government is going to give auto industry parts suppliers 5 billion dollars. ( http://www.bloomberg.com/apps/news?pid=20601087&sid=a4WnIZRxLwlU&refer=home) I remember the days when 5 billion was considered a lot of money. Today it feels like chump change (side note: Do you still pick up pennies when you drop them?)
I was siting at a coffee shop today writing some application essays when I noticed a coffee salesman walk into the shop, which will remain nameless. Just joking, it was Pablo’s and they have incredible coffee. They roast their coffee in the shop so it smells incredible. So, the salesman and whom I believe is the shop owner and one of the coffee specialists (I made that up, but he looks like your classic coffee shop barista with his ripped jeans, thick rimmed glasses, beard and tattoos) all sat down at a table next to me. They placed 4 small bowls of ground coffee beans, a stack of empty small bowls, 3 cups of water, a large thermos of hot water and lots of spoons. They each took a generous portion of the ground coffee and put it in their personal bowl. They seemed like they were having a good time as they shoved their noses deep into the bowls and made the classic, mmmmm noise. They then poured the hot water into the bowl and let it steep for a little. Next, they used their little spoons to slurp up a little bit at a time. They would lick their lips, roll the coffee around their mouths and then think about what they had just experienced. To tell you the truth, I had a small urge to yell at them that it’s just coffee and not a 30 year old Barolo but I resisted. This was their livelihood and I didn’t want to belittle it… The owner and his cohort would take some notes, contemplate the experience some more and then jot down some more notes. This process repeated itself for each of the 4 types of coffee.
When the owner stood up he exclaimed, “that’s awesome.” If I were a salesman I would take that as a great sign that I was about to make a sale.
I really enjoyed how casual the whole process played out.
P.S. They inspected the whole coffee beans and one of them said, “I love the color!” I’m not sure why he then stuck it in his mouth…
It’s amazing how I can find distractions even in a place without internet access. (Why does the computer always want to capitalize “internet?” Am I missing something? The last time I checked it wasn’t a proper noun but I’m no grammar specialist. (and I have never actually checked)
Read more...I'm on the fence about this one. AIG is handing out 170 million dollars in bonuses this year. They claim they are mostly "retention bonuses" for employees they "need" to keep but it was revealed that at least some of the employees have already left the company and others are in the process of leaving. A little fishy...I think so.
This isn't my favorite but oh well...
This is a great viral ad! First of all, i love Andy Richter; "He get's no respect!"
When I was young I hated Peanut Butter...
The newspaper industry is hurting. Denver's oldest newspaper, the Rocky Mountain News was closed a couple weeks ago. It was approaching its 150th anniversary which is an impressive fact on it's own but when you put it in the context that it was publishing news before there was even a State of Colorado then it becomes mind blowing that it's gone. Denver is officially a one newspaper city which is almost shameful. It's not just Denver's newspapers that are hurting. The Chicago Tribune saw an 8 percent decline in weekly circulation over a 6 month period ending last September and is currently on a hiring freeze along with massive layoffs across all departments. The LA Times is so skinny it looks like one of the free papers you can grab outside your favorite coffee shop or liquor store. The internet changed everything for the paper companies and they should have seen it coming. It was the giant elephant in the room they chose to ignore for most of the '90s. At first most papers wanted to charge for online viewing but people have an aversion to paying for online content. There's some kind of expectation that things posted on the internet should be free. Blogs filled the void and while they aren't a substitute for newspapers they do have a permanent home on the web. The interesting thing is that newspapers have spent millions of dollars and countless hours trying to figure out a business model for the future. The world has turned digital. We are turning into a world of instantaneous gratification and hard papers will become an artifact of the past during my lifetime (and I'm OK with it - I'm ready for some e-paper).
I was excited to say the least. My legs were sore and I probably didn't smell the best after a long day of hard skiing. The shower was calling my name and I was happy to oblige. It's a large stand alone shower, granite tiling along with a sitting area. The shower head is overly sized with 100's of water spouts but there's one major problem. The massive, circular spout is directly in the middle of the shower ceiling. You would, well at least I thought this would be incredible. I figured water would cascade from the ceiling and drench my body. At the time I wasn't too concerned about using gallons upon gallons of water. I wanted the "perfect shower." Unfortunately what i got was a very confusing and unsatisfying experience. Within minutes I was craving, almost dreaming about how wonderful my windowless, small, dual shower/bathtub bathroom in Denver would be. You see, when the shower head is directly overhead there is no middle ground. You are either getting drenched or dry. There's no leaning your head back to wash out the shampoo. Instead, the water pours over your head and down onto your face, back, shoulders...everywhere. There's no controlling it. There's no way to stand, lathering the soap on your body while the water shoots onto your back keeping you warm and comfortable. Like i said, it's either all or nothing. And here's the kicker. How do you clean that "all" important area. You know the part I'm talking about. I'm referring to the undercarriage area (oh yes, i went there). THink about it...it take a little flexibility and a lot of ingenuity.
Read more...There aren't many arguments to the contrary that our social security system is flawed....massively flawed. It's official name is the "Old Age, Survivors, and Disability Insurance" and is funded through payroll taxes. It's makes perfect sense right? Current tax payers pay for non-tax paying retiree's. The system works very well when population growth continues to raise and the average life expectancy stays relatively constast. Unfortunatley neither of these scenarios have held true. There was a little thing called the baby boom after WWII followed by a return to the original birth rate. Plus, it shouldn't be a surprise that people are living longer, much longer. Does this sound familiar? A friend of mine, Amir just made a great point that this isn't much different than a Ponzi scheme! It's a government sanctioned ponzi scheme. We all know how well those usually work out (see Bernie Madoff).
As you can tell I'm having a terrible time out here. The people are friendly and the dogs are friendlier (and everywhere). This was a friendly shop dog hanging out at a local ski shop. It's a mix between a Rhodesian Ridgeback and Mastiff. No surprise here that it was huge and loved trying to eat your shoes.
"Here’s a short list of only the highest quality, bluest of blue chip, penny stocks:
Given the trading volumes, you might think these were real firms or something!
Now, for the not-quite-penny stocks:
It looks like American Express ($10.83) is one of the few double digit stocks . . ."
A Southern Bell:
© Blogger templates Newspaper III by Ourblogtemplates.com 2008
Back to TOP