About a year ago, I listened in its entirety the book “Third World America” by Arianna Huffington and was amazed at how she was able to describe in details the problems the United States was facing and will face in the foreseeable future.
Dow Jones Industrial Average Crashes 303 Points Today – More Downside To Come, Recession Ahead?
September 9th, 2011
Looking at the charts of most U.S indexes over the last 2 weeks or so, it is clear that things are definitely volatile. The stock market have been bouncing up and down and having trouble breaking past previous ceiling. The markets are trading in a range right now.
Snobby Woman Says She’s Too Educated to Be Kicked Off New York Train
September 1st, 2011The snobby woman in the video that got kicked off the train because she was talking too loud, but thought she was too educated, so she can do anything she wants. Like she was a higher cast than the rest of the people…please get off your high horse. Watch the two videos. She is sueing the guy that took the video, what a joke.
Over 1,000 cows fed nuclear-contaminated feed shipped in Japan
September 1st, 2011TOKYO | Wed Jul 20, 2011 9:00am EDT – Kyoto News Agency
More than 1,000 beef cattle that ate feed contaminated with radioactive cesium have been shipped all over Japan from Fukushima and other prefectures, Kyodo news agency reported Wednesday, adding to anxiety after the world’s worst nuclear crisis in 25 years.
The report comes a day after Tokyo ordered the suspension of all shipments of beef cattle from Fukushima prefecture after discovering that cattle fed rice straw contaminated with high levels of radioactive cesium had been shipped nationwide
Nasdaq Trading In A Range 2350 – 2470 Roughly – Increased Position In HQD.TO
August 25th, 2011
I’ve been keeping a close eye on the Nasdaq and it has been trading in range right now between 2350 to 2470. There seems to be downward pressure because every time it rallies up, it cannot seem to get past 2470 to shoot through previous high of around 2560.
All over the financial news, they say that traders are all waiting for an announcement from Ben Bernake at the Jackson Hole, economic conference. So, that is why there is a range being formed until the Friday announcement.
Russia’s Rich Get Richer, While The Poor Get Poorer
August 20th, 2011
Russian economic researchers has found that the richest slice of Russian society has doubled its wealth in the past 20 years, while almost two-thirds of the population is no better off and the poor are barely half as wealthy as they were when the Soviet Union fell, according to the research.
Here is the link to the full article:
http://taipeitimes.com/News/world/archives/2011/04/13/2003500648
HP To Sell PC Business and Refocuses On Corporate Business
August 20th, 2011
This is quite huge as a piece of news in the technology industry. Hewlett Packard / HP to get out of consumer computer business…wow. It would seem that their PC business has been suffering for quite a while, despite being one of the top 3 vendors in the computer market.
Next Stop, Dow 8,200: Nasdaq 1750 – Futures Trader
August 15th, 2011If this future trader is betting that the Dow Jones Industrial Average is going towards near 2009 lows of 8200, then it should take the Nasdaq also down to near 2009 lows, which is around 1750 points. I would have to agree with this view and it might take several months to get to that level, however you never know sometimes with the market, so we will just have to wait and see.
London Rioting and Looting Due To Social Problems – Mainly Poor
August 13th, 2011
After watching the video from Sky News UK, it would seem that the rioters and looters of the London riot were mainly people who didn’t have much in terms of money and jobs. I guess they saw it as an opportunity to get things they can not otherwise afford. The rioting was trigger by the killing of a boy shot by police.
