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Tuesday, December 30, 2008

Tuesday - December 30, 2008 - "The consumer is in survival mode . . . It's Wal-Mart time baby!", Must See Video - The Economy: The Philosopher's Stone



Goverment worker of 27 years took a side trip with his payloader which might cost him his job (video above)

Defiant Governor Blagojevich appoints W. Burris, a former Illinois attorney general, to fill President-elect Barack Obama’s vacant seat in the United States Senate

Layoffs: Luxury Brand Chanel to Layoff 200 in Paris

A Toronto man tells men who slept with his stripper wife to get an HIV test

Republican National officials to draft a resolution calling Bush and GOP Congress members "Socialists"

Cat stays stranded in a cop's tree for 9 days as Officer Friendly was more concerned about his insurance not covering rescuers. Finally, someone with some common sense at the PD sent policemen to rescue the exile in a tree.

Will 77,000 people in South Carolina . . . where joblessness is running at 8.4% . . . NOT get their next unemployment checks this week as Governor Sanford tries to force an audit?


Who could have seen this coming? Try Peter Schiff, Ron Paul, and David Walker all in a must see video (above) "The Economy: The Philosopher's Stone"

National home prices post annual 18% drop for October, a new record!

Your 401k might be worth less than you think: Yahoo message board posters for Kraft Foods talk about their diminishing 401ks based on new math for lump payments. They invent a new verb by saying, "You've been Krafted!"

Good News worth reading: Fortune - 7 winning industries: Despite frozen credit and slow consumer spending, a (precious) few sectors are thriving.

China buying Wall Street

Banker Buys $37 Million Apartment After Getting $25 Million for 3 Months Work at Merrill Lynch in Bailout Buyout

Holiday sales drop to force bankruptcies, closings: Retailers may close 73,000 stores in the first half of 2009



The Advertising Recession is 2 Years Old and will last another year, analysts feel, making this the first 3 year cut back in advertising since the Great Depression

Consumer confidence falls to a record low as spiralling job losses build fear

Israeli gunboat rams Gaza medical relief boat which also had a CNN reporter on board



Israeli Defense Forces opens a Youtube channel through which it will disseminate videos of precision bombing of Hamas targets (see above video sample of missile strike)

High-tech crime will boom during this Recession

Barron's says to "Beware the House of (Credit) Cards" . . . as charge offs from bad card debts has risen almost 50% in the past 12 months

FBI looking into whether outgoing Congressman Tom Mahoney (D-FL) committed a crime by placing his mistress on his Congressional payroll

Forced to take 10% paycut, Atlanta police officers must take off one extra day every two weeks


Burger King's new ad serve up cultural imperialism?

For the 3rd straight day, earthquakes rattle Yellowstone Park

The Good Times Stop Rolling: Vegas Meets the Recession

After 50 Years of Castro's Cuba, an End to the Cold War?

Police: Santa shooter planned to kill divorce attorney, mother

Poof goes the GOP

"The consumer is in survival mode" . . . everything retail is crashing . . . "It's Wal-Mart time baby!"

Police: 7 bodies recovered in Canada avalanches

Auto lending company, GMAC, gets $6 Billion in bailout money


Bailout legacy will be inflation, some economists warn

Fortune: "The 21 Dumbest Moments in Business 2008

The firing of the NFL coaches has begun

NFL Scores, Standings and Schedules

NBA Scores, Standings and Schedules

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