Latest News
Republic Wireless Optimus Cellphone Unboxing
We received our Republic Wireless Optimus Cellphone yesterday and have made a video of the unboxing as part of our series of reviews on the cellphone and service provider. The video is provided below, some of the highlights were: Environmentally friendly packaging Minimal packaging Fedx delivery Contents included: Optimus Cellphone w/ 3.2 MP camera and [...]
Politics
Bad Hair Day: Blagojevich sentenced to 14 years
Former Illinois governor Rod Blagojevich was sentenced to 14 years in prison on 18 corruption counts, including trying to sell President Obama’s old Senate seat. The former Governor had spent the last few years publicly promoting his innocence on television and in news reports. Blagojevich, in a last plea for mercy, tried an apology. After [...]
Occupy Obama’s Bleeding Union Heart
We decided to take a better look at President Obama’s recent support for the “Occupy” movements. In a strange measure of support (and an even stranger call with major city mayors) our Chief Executive seems to be siding with those that are directing their anger at banks and corporations. “I think it expresses the frustrations [...]
Obama Dines With Sheryl Sandberg At $35,800 A Plate | Let Them Eat Spam
In a world where Politicians continue to lose touch with reality, President Obama attended a fundraising dinner yesterday at the home of Facebook COO Sheryl Sandberg where donors got to dine with the President for $35,800 a plate. Oh yeah, they also got to see Lady Gaga. I would bet this is not your typical [...]
Health
Obamacare Appears Headed For Supreme Court
It looks like it will come down to the Supremes as Obamacare appears headed for the Supreme Court. The Obama administration chose not to ask the 11th Circuit Court of Appeals to re-hear a pivotal health reform case Monday, signaling that it’s going to ask the Supreme Court to decide whether President Barack Obama’s health [...]
Business
Goldman Sachs Rules The World | Economic Crisis Like A Cancer
London-based independent trader named Alessio Rastani told the BBC on Monday that we need to get ready for a crash in a very frank interview that went viral. His most startling statement came when he was asked about the latest government efforts to strengthen the Eurozone “Governments don’t rule the world, Goldman Sachs rules the [...]
Gold Bugs Beware! Gold Is Broken And is Now In Freefall
Today, the price of gold for December delivery dropped $101 an ounce, finishing today at $1,639.80 an ounce. Many factors are being blamed for this with the latest being the strength of the US dollar. In case you’re wondering, gold has lost almost 10% of its value over the past two days, even with an [...]
Dow Drops 391 Points Ignoring “Operation Twist”
The Dow Jones Industrial Average dropped 391 points today after being down as much as 500 points during the day. I believe this can be seen as a negative vote of confidence on the Fed’s latest move to lower rates on long-term loans. Since the Fed’s announcement, the market has dropped 675 points in 2 [...]
Economy
The Unseen Hand: Fed Policy and Inflation
There was quite a rally this week in the US stock market. On the last day of November, the DJIA rose over 480 points in one of the 7 largest gains in Dow history. The “reason” for this gain seemed to be an overnight agreement by the European Central banks to ease the strains on [...]
Obama’s American Jobs Act – he just doesn’t get it!
Try as I may to back the President (after all, I voted for him), I just can’t believe that after this amount of time in office, he still has no clue as to how to stimulate the economy and create long-term jobs. Last night’s “jobs plan” was a watered down rehash of his early fiscal [...]
