Wednesday, November 26, 2008

Muscles














































Men are like…

For all those men who say, Why buy a cow when you can get milk for free. Here's an update for you: Nowadays, 80% of women are against marriage, WHY? Because women realize it's not worth buying an entire pig just to get a little sausage.

1. Men are like Laxatives They irritate the crap out of you.
2. Men are like. Bananas . The older they get, the less firm they are.
3. Men are like Weather . Nothing can be done to change them.
4. Men are like Blenders You need One, but you're not quite sure why.
5. Men are like Chocolate Bars .. Sweet, smooth, & they usually head right for your hips.
6. Men are like Commercials . You can't believe a word they say.
7. Men are like Department Stores ... Their clothes are always 1/2 off!
8. Men are like . Government Bonds .... They take soooooooo long to mature.
9. Men are like . Mascara . They usually run at the first sign of emotion.
10. Men are like Popcorn . They satisfy you, but only for a little while.
11. Men are like Snowstorms . You never know when they're coming, how many inches you'll get or how long it will last.
12. Men are like Lava Lamps . Fun to look at, but not very bright.
13. Men are like Parking Spots All the good ones are taken, the rest are handicapped.








Tuesday, November 25, 2008

Bailouts and more bailouts





Citigroup is now being bailed out.
Where's my bail out?

What is Hime Gyaru?

With the crappy economy and the economic outlook not improving lately I've started reading about more superficial things. I was browsing the web and saw a girl that looked like a real life doll. It turns out that her "look" is called Hime Gyaru and apparently it's really popular in Japan. It's really pretty and feminine.

Girls that want to look Hime Gyaru have fair complexions, use mostly pinks and whites along with flower designs and anything lacy or frilly. Their hair is long, sometimes bleached in shades of blonde to dark blonde and often rolled into romantic updos placed on top of their heads. They put glitter, pastel designs and imitation crystals on their nails. Their look is topped off with lots of bows, ribbons, fur and lace. Their mobile phones are also fashion accesories and have numerous amounts of jewels, cute stickers, and lace placed on them. Shoes are usually high heels with lots of bows and flowers. Some wear knee high stockings or flat ballerina colored shoes. Lacy gloves or lace wrists are sometimes used along with over sized ribbons.





They look like life size dolls. I love their eyes.
I want to be a princess too :0(.

Wednesday, November 19, 2008

The R Word

Federal Reserve policymakers now expect the U.S. economy to contract for as much as a year, with the risk that the slowdown could persist for even longer, according to edited minutes of a closed-door meeting of the Federal Open Market Committee on Oct. 28 and 29.

The Fed governors and Fed bank presidents "generally expected the economy to contract moderately in the second half of 2008 and the first half of 2009, and agreed that the downside risks to growth had increased," the minutes said.

Without using the word, the Fed is now forecasting a recession lasting a year or so. It would be the longest recession since the 16-month recession in 1981-82.

Nevertheless, "the subsequent recovery would be relatively gradual," the committee said. "Financial stresses would recede only slowly, notwithstanding the extraordinary measures that had been taken."

30 'leading edge' indicators of the coming Great Depression 2
1. America's credit rating may soon be downgraded below AAA
2. Fed refusal to disclose $2 trillion loans, now the new "shadow banking system"
3. Congress has no oversight of $700 billion, and Paulson's Wall Street Trojan Horse
4. King Henry Paulson flip-flops on plan to buy toxic bank assets, confusing markets
5. Goldman, Morgan lost tens of billions, but planning over $13 billion in bonuses this year
6. AIG bails big banks out of $150 billion in credit swaps, protects shareholders before taxpayers
7. American Express joins Goldman, Morgan as bank holding firms, looking for Fed money
8. Treasury sneaks corporate tax credits into bailout giveaway, shifts costs to states
9. State revenues down, taxes and debt up; hiring, spending, borrowing add even more debt
10. State, municipal, corporate pensions lost hundreds of billions on derivative swaps
11. Hedge funds: 610 in 1990, almost 10,000 now. Returns down 15%, liquidations up
12. Consumer debt way up, now at $2.5 trillion; next area for credit meltdowns
13. Fed also plans to provide billions to $3.6 trillion money-market fund industry
14. Freddie Mac and Fannie Mae are bleeding cash, want to tap taxpayer dollars
15. Washington manipulating data: War not $600 billion but estimates actually $3 trillion
16. Hidden costs of $700 billion bailout are likely $5 trillion; plus $1 trillion Street write-offs
17. Commodities down, resource exporters and currencies dropping, triggering a global meltdown
18. Big three automakers near bankruptcy; unions, workers, retirees will suffer
19. Corporate bond market, both junk and top-rated, slumps more than 25%
20. Retailers bankrupt: Circuit City, Sharper Image, Mervyns; mall sales in free fall
21. Unemployment heading toward 8% plus; more 1930's photos of soup lines
22. Government policy is dictated by 42,000 myopic, highly paid, greedy lobbyists
23. China's sees GDP growth drop, crates $586 billion stimulus; deflation is now global, hitting even Dubai
24. Despite global recession, U.S. trade deficit continues, now at $650 billion
25. The 800-pound gorillas: Social Security, Medicare with $60 trillion in unfunded liabilities
26. Now 46 million uninsured as medical, drug costs explode
27. New-New Deal: U.S. planning billions for infrastructure, adding to unsustainable debt
28. Outgoing leaders handicapping new administration with huge liabilities
29. The "antitaxes" message is a new bubble, a new version of the American dream offering a free lunch, no sacrifices, exposing us to more false promises

Will the next meltdown, the third of the 21st Century, trigger a second Great Depression? Or will the 2007-08 crisis simply morph into a painful extension of today's mess to 2011 and beyond, with no new bull market, no economic recovery as our new president hopes?

Perhaps some of the first 29 problems may be solved separately, but collectively, after building on a failed ideology, they spell disaster. So listen closely to "leading indicator" No. 30:

At a recent Reuters Global Finance Summit former Goldman Sachs chairman John Whitehead was interviewed. He was also Ronald Reagan's Deputy Secretary of State and a former chairman of the N.Y. Fed. He says America's problems will take years and will burn trillions.

He sees "nothing but large increases in the deficit ... I think it would be worse than the depression. ... Before I go to sleep at night, I wonder if tomorrow is the day Moody's and S&P will announce a downgrade of U.S. government bonds." It'll get worse because "the public is not prepared to increase taxes. Both parties were for reducing taxes, reducing income to government, and both parties favored a number of new programs, all very costly and all done by the government."

Reuters concludes: "Whitehead said he is speaking out on this topic because he is concerned no lawmakers are against these new spending programs and none will stand up and call for higher taxes. 'I just want to get people thinking about this, and to realize this is a road to disaster,' said Whitehead. 'I've always been a positive person and optimistic, but I don't see a solution here.'"
We see the Great Depression 2. Why? Wall Street's self-interested greed. They are their own worst enemy ... and America's too.

Thursday, November 6, 2008

Obama's Speech

Obama's speech was also a chance to get his presidency off to a running start.

There was a dramatic bit of global statecraft — "to those who would tear the world down, we will defeat you" — but mainly a look inward and across the political aisle. He called for Americans to resolve to "pitch in and work harder."

To McCain supporters, some of whom were loudly disappointed at their candidate's defeat tonight: "I may not have won your vote tonight but i hear your voices. I need your help and I will be your president too."

To the nation more broadly: "We rise or fall as one nation, as one people. Let's resist the temptation to fall back on the same partisan ship."

"There is new energy to harness... the road ahead will be long, our climb will be steep..... but I have never been more hopeful that we will get there. We, as a people, will get there."
























Election Out Come








Who is Rahm Emanuel?

Rahm Emanuel has accepted to be the new “Chief of Staff” otherwise known as the “White House Enforcer”.

He only has nine fingers and it’s rumored he lost the tenth to a Syrian tank while serving in the Israeli Army, however the truth is he lost it less glamourously in a meat slicer.

An interesting fact is that his dad, Benjamin M. Emanuel, a Chicago pediatrician, in the 1940’s was a member of the Irgun. The Irgun was a Zionist group that attacked Palestinians and the British. They managed to kill 90 people in a hotel bombing in 1946 and massacred some people in Deir Yassin. It’s believed Benjamin would pass secret codes for the Irgun.

We must keep in mind we did what Rahm Emanuel’s dad did too, but for us it’s called the American Revolution.

Obama advisers say he likes and trusts Emanuel and believes his mastery of Capitol Hill will help speed his proposals at a time when money is tight and the nation's problems are great. Emanuel has a hard-nosed style and is known for aggressively working the press. He has working relationships with many congressional Republicans, including Adam Putnam a rising GOP star who said after his reelection this week that he plans to leave his No. 3 post in the party's House leadership. The runner-up for the post was former Sen. Tom Daschle who may take another senior post in the administration. Emanuel is known as a centrist and a pragmatic dealmaker. Under Clinton, he helped engineer passage of the North American Free Trade Agreement, which is opposed by the party's left wing.

There are tons of Rahm Emanuel stories out there. The best one is that he sent out a decomposing two and a half foot fish to a pollster who displeased him. He also was known to hang up on political contributors in Chicago during the Mayor’s race because he said he was embarrassed to accept $5,000 checks because they were $25,000 type of guys. However, the best story is pre-Bill Clinton. It was in Little Rock, Arkansas where Emanuel and George Stephanopoulos, Mandy Grunwald and other aides at Doe’s, the campaign hangout, discussed revenge on democrats, republicans, and members of the press, who had wronged them during the 1992 campaign. Suddenly Emanuel grabbed his steak knife and as those who were there remember it, shouted out the name of another enemy, lifted the knife, then brought it down with full force into the table and screamed “dead!”.

All jokes aside his bad temper is blamed on the failure of his career as a ballet dancer.
Here he is with his adorable children.

















Pelosi having a herbal essences moment!

Wednesday, November 5, 2008

President Obama's First Step: Reset Expectations

President Obama's First Step: Reset Expectations

Posted Nov 05, 2008 12:15pm EST by Henry Blodget in Newsmakers, Recession, Election
From
ClusterStock, Nov. 5, 2008:

If President Elect Obama were the incoming CEO of a corporation, he would now be preparing for the first act of his tenure: A massive write-off of the mountains of rotted junk buried on the company's balance sheet and an announcement that recovery will take a long, long time.

This flush would clear the way for several years of better than expected results. It would also take advantage of the new leader's one chance to blame the sorry state of the organization on his sorry predecessor.

President Obama began this process last night, in his victory speech, when he noted that restoring the country's health might take more than a term. In the next few weeks, he should go well beyond this:

  • The deficit will be more than $1 trillion a year for several years
  • The country needs a massive new fiscal stimulus
  • The housing market will continue to decline through at least 2010
  • Interest rates and taxes will eventually have to rise (after the economy stabilizes)
  • Weak corporations have to be allowed to fail
  • Millions of homeowners will lose their house
  • Unemployment will probably rise to 10%
  • The government simply cannot "bail the country out" -- not because it lacks the will, but because it lacks the power

In short, Obama needs to acknowedge reality, erring on the side of overstating the problems and challenges, and he needs to prepare the country for several tough years. Because if he doesn't, within six months of his taking office, the country will have forgotten all about the prior administration and will instead be blaming everything on him.

They forgot to mention home security. We will be tested. The upcoming regime does not make me feel safe.

Doesn't this remind you of 32 years ago. Can we say Jimmy Carter? Especially with the far left soon to be president, and a democrat controlled congress.

If he had been honest during the campaign he should have stated this while he was campaigning, the ignorant people of the USA would have still voted for him and with his new fire arm bans we won't even be able to defend ourselves when society breaks down and the riots begin. Great....