Schwarzenegger to endorse McCain

Schwarzenegger to endorse McCain

McCain worst than Bush to be President

Are you people crazy? You want McCain as President? He is worst than Bush million times. Old, ugly, not smart, something wroing with this face, hands, short. 71 years Old McCain will deffenetly bring our Country to the end.

Think and think hard who you vote for.

Seems , that Florida did is absolutely stupid desision to vote for McCain.
Yees, so many old people live in Florida, that's why probably he won.


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Obama won South Carolina

Obama won South Carolina




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Daily news: Today's Race Soth Carolina

Today's daily news: voters rush to cast they votes in South Carolina. Big question would black population vote for Clinton or Obama. Can blacks support they own ? Would love for african americans by Clinton be enough to win South Carolina?

Vote for future! not color

Daily news : US economy bubbles !

Does anyone remember Stock market bubble 2000? Does this was so long time ago, that no one remember? How much money was lost? how many people got burned?

Now we in real estate bubble, which possible worst. But why did it happen? In both situation, there is people made millions of dollars and people lost thousands.

In stock market bubble, there is a clean speculation and when ball start rolling, there was difficulty to stop it and by the way, someone has to be the last.

In real estate market, it is difficult to say, that we got in this mess because it is speculation market. I would say no, if we did not have sub-prime mortgage crisis, we would normally adjust our real estate market with no or little pain to sellers, but not to economy.

Biggest issue with sub-prime mortgage, was not even , that interest rate was low and house prices were sky rocking, which makes this not a big difference from 5 years ago. Back then interest rate was higher but prices were lower. But law which was able to let people with not a appropriate income ability to buy house, which they can not afford.

Why would anyone make this kind of law? Who did it? Who we need to hold responsible? No one can answer up today.

Someone made tons of money, same time there is millions of families loosing they homes.

Law, which let people to buy home with 100 ltv financing, adjustable rate and shaky real estate market, all those factors makes for market crash.

So, next question is, What next? where is next bubble?

Daily News: Bush's economic stimulus plan damn idea

Well, i will be on another side of this issue. Billions of dollars are lost by ordinary people in home equity, billions of dollars lost on IRA, 401k plans, trading accounts just by market drop 2000 points from the top on Dow Average.

President Bush says stimulus package has "right set of policies"
which policies? he does not care about economy, he is out!!!!

House Speaker Nancy Pelosi says 116 million Americans will get checks
how many families is that?


Agreement must pass House, Senate before checks issued

Deal would give taxpaying individuals $600, couples filing jointly $1,200, sources say
Lets calculate: 92,800,000,000 dollars will be spend aprox, if we use $800 per person.

Can you restore your equity in your home with 800 dollars? NO.

Would this help economy? NO. absolutely not, and don't tell me, that i am wrong. It did not help last time., Why this happen again? Because Bush does not care about economy.

Well, if he thinks he care about his Rep. party, then you worng. Got for bit McCain will become President. He is worst than Bush. Seems, that last 8 years, were the worst years for Republican party in many years. furniture store


McCain Wort than Bush !!!

Welcome Ms. President.

Daily news: florida republican debate primary

Daily news: Well, based on latest polls today, on Thursday, January 24,2008 , Rudy Guiliani lost his way to win Florida. As of now, he is behind Huckabee and McCain. Seems, that what was good for New Yorkers is not enough for Florida and other states. Most of the New Yorkers like him, he did a lot good for New York, fight crime, make city better. But for others, he just regular candidate with so so program.

Would be interesting to see, what Florida primary will end tomorrow.

Daily news: Did Fed save Market today?

Daily news: Now 11:15 ESt time, and Dow is down just 50 points, which is miracle, most Dow, was down -455 points today, but this is not the end of the day. Lets see, if market can pull this off and close on smal down or even positive note.

articles

Daily news: Fed Cut Rate by .75 to 3.5 %

Daily news: Fed Cut Rate by .75 to 3.5 % Dow futures were as low as -522 points.



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Daily news: U.S. stock futures point to Market mini Crash

Today Daily news: on Monday, January 21, when market is Closed, March contracts on the Dow Jones Industrial Average traded 522 points lower to 11,584 as of 11:30 a.m. Eastern.

Futures contract don't move in complete lockstep to the underlying indexes, but by comparison, the Dow industrials fell 382 points on Sept. 20, 2001, just days after the terrorist attack on the Twin Towers, and by 387 points on Aug. 9, 2007, shortly after the recent credit crunch first emerged.
S&P 500 futures fell 60 points to 1,265.00 and Nasdaq 100 futures fell 76 points to 1,773.25.

Monday Trading in Europe:
Leading national indexes also slumped, with the French CAC-40 index ending the day down 6.8% to 4,744.45,

the German DAX 30 index down 7.2% to 6,790.19,

while the U.K. FTSE 100 index finished 5.5% lower to 5,578.20.

Asia markets:
In Hong Kong, the Hang Seng index finished down 5.5% at 23,818.86 and the Hang Seng China Enterprises Index skidded 7.1% to 13,531.45.

Japan's Nikkei slumped 3.9% to 13,436.94, its lowest finish since October 2005, while the broader Topix fell 3.6% to 1,293.74.



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Daily news: Countrywide's home loan delinquencies surge

Daily news: Countrywide's home loan delinquencies surge, stock drops another 15% today after the nation's largest mortgage lender said , that delinquency and foreclosure rate of home loans in its portfolio surged in December 2007.

CFC ( ticker) trading at 4.62 down 71 cents or 13% on a day.

Daily news: Hillary Clinton won NH!

Hillary Clinton won NH!

Daily news: Clinton maintains narrow lead over Obama

11 pm EST Clinton maintains narrow lead over Obama

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Daily news: Market Fall over 1.5% led by phone and financial companies

Today, on Tuesday market plunge 1.8% led by phone companies and still in deep trouble finanical companies. ATT was down over 4.5 %.

Big decline over 28% had Countrywide on rumer of bankcuptcy.

Gold up 19
oil up 1.50

Daily news: New Hampshire primary

New Hampshire primary Latest:
12.53 pm EST

Obama 16
Clinton 15
Edwards 14


Romney 20
Huckabee 17
Thompson 6


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Daily news: Microsoft News, Gates leaving, good for Google?

Even this news was announced on June 15, 2006, most of us forgot about it. As of July 2008 Bill Gate will transition out from day to day role in the Microsoft and spend more time at this Foundation.

Mr. Ray Ozzie will assume Bill Gates role. How would it effect Microsoft? Very interesting , that price of Microsoft on that day was 22 dollars and today 34.71 .

Most of the price move for the past year and half, does not related to Gates leaving company as head of the MS.

The only company MS has to be watch out, it is Google, those guys will not stop at the search, phone, map and etc. business. They will go till the end. In my opinion, there is not far away, that we will be bying ''G-PC"- Google Personal Computer.

Daily news: Market plunge over 2 percent

Seems, that Jobs report did it's job, market closed more than 2 percent lower today and over 6 percent lower on a week.

Our economy stand on edge between inflation and recession, and Fed Reserve trying to manipulate between two. Many analyst see another 50 bps rate cut on next Fed meeting.

Would it help? Difficult to say.

Today we have many issues toll rises, milk cost more, gas so expensive, that it is better just walk.

What to do? Get a plan B, get second small job, open online small business.

Think, what else I can do in life. Because we can not do anything with prices go higher, we need to have plan B. Start think about plan B today. when you still can work and it does not bother you much. Be carefully of choosing what to do.

There is many scam artist, who are looking for people with little or no knowledge. Don't get in to the hands of "quick get rich"scams. Be wise.

Oil run away from 100 , and closed 97.91

tha't my view

Daily news: Round One Huckabee vs Obama !

Round One Huckabee vs Obama !

Today at Iowa caucuses winners Huckabee and Obama

Daily news: Gold strike new all time highs 872 level, would oil goes 125?

Second day of the year and market giving us more presents:

Just yesterday oil touched 100 dollar mark, today we getting another record, Gold price per ounce got new all time high price 872 . Does it mean anything for economy?

This all time new high is a not that great sign for US economy and world. Weak dollar against Eur 1.4757 and Oil 100 dollar price, pushed gold to new highs.

As always, when bad times come, buy gold. Even though, if we would look at the gold price with inflation factor, we would pay 2000 dollars per ounce.

Ha ha, looks like we have bargain for now. For the future, gold possibility get 1000 per ounce is very good. And oil get to 125 we well.

And for us, as consumers? we need to save on gas, food and goods. Where we going with this economy? Till election this questions unknown.

Over all market takes side on election year, would it happen this year? we will see.

open view news.

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Daily news: Oil Touches $100 a Barrel on Supply Concern

Finally, Oil touched 100 dollar mark for the first time in history. It not surprise, in my previous post, i was concern , that oil will be trading 100 and above one hundred dollar for barrel.
Few economic reasons, got oil to this point:

1. Boosted by speculation U.S. stockpiles dropped to a three- year low last week.

2. Unrest in Nigeria, Africa's largest oil producer, also spurred prices.

3. Supply Concern of China's Demand


Once again many factors are creating non favorable situation for US consumers at the pupms.

Higher oil prices will increase gas prices at the pumps and less favorable for US economy, Market down 1.5%