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Thursday April 17th 2014

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Sunnyside of stock market crash

The Sydney Morning Herald reports oil plunged below $92 to a seven-month low in Asian trade. The price of a barrel of crude fell 4.2%, or $4.06, to $91.65, marking a more than 35% drop from its record high of $US145 in early July. The cost of crude rolled back to levels not seen since [...]

Miller upset with Sears

Sears Retail recently introduced the All American Army Brand's First Infantry Division clothing collection. Military sold licensing rights to Sears for the clothing, much like a college or pro sports team. Congressman Jeff Miller tells the Daily News that he isn't happy about it. "These are [...]

Hmmmm, Lehman fall does have impact

Despite what you might read in the daily newspaper, the Lehman Brothers bankruptcy will have an impact here, albeit an indirect one. The Miami Herald reports (Florida pension fund, Citizens hold Lehman securities)that the Florida pension funds, including Florida Retirement System, the Florida [...]

Who is next

It could be insurance giant American International Group. NY Times reports AIG is seeking a $40 billion bridge loan from the Federal Reserve, "as it faces a potential downgrade from credit ratings agencies that could spell its doom." The company lost $13.2 billion in the first six months of [...]

Financial crisis continues

We've been writing about it since January. Trends researcher Gerald Celente predicted it in his newsletter in late December 2007 and talked about it on IN Your Head Radio. Celente said we were headed for an "economic 9/11" and he has been right. The latest is Bank of America buying Merrill Lynch [...]

Buy a Lotto ticket

Buy a Lotto ticket

No ticket matched all six Lotto numbers drawn Saturday night, pushing the jackpot to $37 million for Wednesday's drawing. Do you feel lucky? If you win, you can pay the city's pension costs for three years....maybe.

Sarasota plans for electric cars

Some cities plan ahead. Herald Tribune reports on how the City of Sarasota is planning for plug-in electric hybrids and how to fuel them. Read Park & Plug

More Swift boat type ads coming

From Washington Post article For McCain - American Issues Project which emerged on the scene in August, airing controversial anti-Obama ads in four battleground states -- Virginia, Ohio, Pennsylvania and Michigan -- that sought to raise questions about his ties to William Ayers, a member of [...]

McCain Facebook page

McCain Facebook page

John McCain has a Facebook page (here). Gender: Male Birthday: August 29, 1936 Political Views: Conservative Religious Views: North Phoenix Baptist Church Interests:Sports, Hiking, Fishing, Boxing, Basketball, Football, Baseball, History Favorite Movies: Viva Zapata, Letters From Iwo [...]

Florida slipping away from Obama

That's what St. Petersburg Times political reporter, Adam Smith, believes may be a happening. He points out that Obama is further behind in the state than John Kerry was at this point in 2004. And that's after Obama has spent $8 million on advertising in the state. McCain just started advertising [...]

Demise of tanker deal

The Northrup Grumman air tanker deal is dead. Air Force notified the company last week that it will terminate the 179-plane deal. Two problems - Boeing wasn't going to stay quiet about a potential $40-billion contract and Northrup Grumman's partner is European Aeronautic Defence and Space Co, or [...]

Palin rewards and punishes

The NY Times has spent time in Wasilla and Alaska investigating Sarah Palin. It’s a good article - Once Elected, Palin Hired Friends and Lashed Foes Highlights: If you criticize Palin, you are labeled a “hater.” And she will go after the haters. Her husband Todd plays an active role [...]

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