ButAsForMe 

Is Facebook A Cause Or A Symptom of Generation Y Narcissism? (VIDEO)

September 2, 2010

Does empathy take a back seat to love of self in the technological savvy generation?  And if so, what does it mean for our nation’s future?  The Today Show explored the recent rise of narcissism of this generation and the disconnect role  that the internet may be playing in its’ increase.  Tweeting and the popularity [...]

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Letterman: Obama Will “Have Plenty of Time for Vacations After His One Term is Up.”

August 25, 2010

David Letterman rips Obama: ”He’ll have plenty of time for vacations after his one term is up.”
JAB at OBAMA BEGINS at 3:00. WATCH:

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In Your Face

August 24, 2010

Heated exchanges, protests, and inflamed rhetoric have surrounded the issue of the potential muslim cultural center and prayer room.  Although it isn’t exactly at Ground Zero, and it can’t be defined as a mosque; nevertheless, this real estate transaction is ill-advised and inappropriate.
Some in the news media have argued that this is a New York [...]

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Breaking News: New SuperBug Makes Its’ Appearance

August 12, 2010

Just when the W.H.O. declares H1N1 Pandemic officially over, a new gene that allows any bacteria to become a superbug, labed NDM-1, has made  its’ appearance in India, Pakistan, and  now United Kingdom.  Spread of the virus has been linked to patients undergoing cosmetic surgery in India.  Doctors fear that the superbug gene that allows bacteria to [...]

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American “Depression”? (VIDEO)

August 11, 2010

Officials estimate that over 30,000 people showed up for a mere chance at Section 8 Housing. While ‘officially’ we are only in a mere ‘recession,’ images like this beg us to reconsider the fact that many people are experiencing the effects of a down economy at depression-era levels.
WATCH:

WATCH:

WATCH:

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Joke Of The Week!

August 11, 2010

 $600 tennis shoes, date nights in New York, vacationing in Spain with the rich and famous, flying pets and more during a time of economic suffering.  Don’t the Obamas know that being elected to the highest office in the country, the main goal is to serve, not to be served? 
Guess the joke is on the [...]

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Mid-August Primaries May Stifle Third Party Movement

August 10, 2010

The August doldrums may ring the death knell for independent candidates  or candidates less well known supported by the Tea Party going up against their better known or convention-endorsed two-party counterparts to become the Republican Party or Democratic Party nominee in the general election.  Ostensibly, the change was made for those states that did not have a long [...]

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First $28,000 Earned Income FREE!

August 9, 2010

Former Secretary of Labor under President Clinton, Robert Reich, stated on Friday, that current unemployment rates merit enacting new measures  including a jobs program similar to the 1930’s WPA for the long term unemployed who may have given up looking for a job out of despair, and an initial tax free holiday for the first [...]

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Is Michelle Obama The 21st Century Marie Antoinette?

August 6, 2010

The First Lady is not patterning her lifestyle in the White House along the lines of Eleanor Roosevelt, but more along another First Lady–of France, Marie Antoinette, as she vacations in an exclusive area of Spain’s Costa del Sol, a playground for the rich and famous. 
As reported yesterday by Jack Cafferty of CNN, with an invited guest list  [...]

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Breaking News: 479K New Jobless Claims

August 5, 2010

In a ‘surprise‘ to the so-called experts, the number of new jobless claims rose last week to 479,000, the highest in the last 4 months. 
Retailers including some large discounters like Big Lots report retail sales for July lackluster.  Teen retailers like American Eagle and Abercombrie & Fitch still are struggling.  However, when President Obama was asked about [...]

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Oprah Not One Of Billionaires To Give Back Half Of Wealth

August 4, 2010

Well, the diva of  talk shows and the friend of Obama, won’t be among the 40 billionaires who pledge to give back half of their wealth today.  Warren Buffett and Bill Gates known for their philanthropic endeavors contacted 70-80 billionaires listed in Forbes to join with them in leaving this legacy. 
Many of these billionaires who [...]

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Wheat and Milk Prices Continue To Rise

August 3, 2010

Just when the U.S. is turning the nutrition corner and wheat bread supersedes the sale of white bread, there’s always a kicker!  Recent hot weather and fires are expected to make yields of wheat and milk lower, and that means consumer prices will increase not only on these products, but others that contain these as [...]

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Federal Reserve v. White House On Tax Policy

July 31, 2010

This past week, two Federal Reserve Members have candidly spoken out about current fears that the U.S. will slide into deflation similar to the one that Japan experienced in the 1990’s and one that continues to pose problems.  Additionally, the Federal Reserve has concerns that raising taxes at this time will impact negatively on an [...]

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Mom Awakening

July 30, 2010

Mothers are coming out in droves. Because they just ‘know when something is wrong.’ Watch:

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Foreclosures Figures Are Mixed Bag But Don’t Reflect Real Stories of Homeowner Desperation (Video)

July 29, 2010

CNBC’s The Call reported today that foreclosures are up 75% in top metro areas like Chicago; however, there is some improvement in other high foreclosure metro areas like Las Vegas.  Meanwhile demonstrators who supported Obama’s candidacy urge him to do more about his campaign promise to stop foreclosures.
A citizen reporter investigated the dire living circumstances [...]

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English Is Mandated In Minnesota Small Town

July 28, 2010

New measure requires all government meetings and documents to only be in English.

Lino Lakes Minnesota can either be seen as small town America or a suburb of the Twin Cities, and it’s difficult to assess whether this is the start of a new trend or just a reflection of a small community with over 90% of [...]

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What Does The Continued Closing Of Banks Tell U.S. About Its’ Stress Tests?

July 27, 2010

Seven new bank closing occurred last Friday bringing the total of bank closings this year in the U.S. to 103.  What does this tell us about the strength of the U.S. economy even when Wall Street has been  feeling bullish?  The lack of a recovery in the community bank system is contributing to a stalled U.S. [...]

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Grow in Tough Times

July 27, 2010

Breakthrough star Tony Robbins. “I’m make you do things you don’t want to do, face what you don’t want to face. Your life will never be the same.”
Breakthrough with Tony Robbins is an inspirational, hour-long series starring Robbins and a team of experts who help participants and their families overcome complex challenges and personal obstacles, and [...]

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Ouster of BP Chairman Tony Hayward May Be Linked To Lockerbie Terrorist Release

July 26, 2010

The release of  convicted Lockerbie terrorist Abdelbaset Ali Mohmed al-Megrahi’s last year on humanitarian grounds may be more invested.  The Senate Foreign Relations Committee is looking into the possible connection between the favorable BP contract with Libya’s Muammar al-Gaddafi to provide BP access to Libyan oil reserves in exchange for Mohmed al-Megrahi’s  release.  Since 2007 BP had been [...]

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Top Secret America

July 25, 2010

FRONTLINE goes inside the Post’s two-year examination into the massive, unwieldy, top-secret world the government has created in response to 9/11.
WATCH:

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400,000+ File For Unemployment In One Week

July 24, 2010

You would think that such a large number couldn’t  go under the media radar, but somehow it has.  Initial job claims for July 10, 2010 came in at 429,000, an improvement over 2009 figures and less than projected; however.this is an adjusted figure, the unadjusted figure was highe.  Plus, the following week of July 17, 2010 [...]

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Let’s Hope These 4 Things Don’t Happen

January 14, 2010

By Rick Newman
Posted: January 13, 2010

In the cast of corporate characters, Fannie Mae and Freddie Mac are A-list villains, thanks to the central role they played in the 2008 financial meltdown. The two mortgage-finance firms failed as spectacularly as AIG, the poster child for finance-gone-wrong, with the combined Fannie-Freddie rescue totaling about $111 billion so [...]

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‘Miss Me Yet?’ Bush Billboard Partially Solved

February 9, 2010

Update on the great billboard mystery on Minnesota’s I-35.
Mary Teske, the general manager of Schubert & Hoey Outdoor Advertising reports, “The Bush Miss Me Yet? billboard was paid for by a group of small business owners who feel like Washington is against them. They wish to remain anonymous. They thought it was a fun way [...]

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The Problem With Reassuring That The Recovery Is In Full Swing Is…

April 29, 2010

The media blitz is going full throttle with ads of GMC’s CEO Ed Whitacre walking through a plant pronouncing that GMC has paid back its’ loan part of the bailout, namely $6.7 billion, however the taxpayer is still on the hook for $43 billion in stock options; the reporting of the minor dip in shares [...]

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Light At The End Of The Tunnel Further Than Obama Knows

May 19, 2010

A second crash is in the works and this time it involves countries not financial institutions, although the financial institutions have set up the next crash by government bailouts and investments.  Reporter, Alistair Barr, for MarketWatch warns of the approach of a second debt storm that is occurring and growing even as we speak.  The [...]

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Cramer: Europe to Collapse in 48 Hours? or Never?

May 19, 2010

Web Reaction To Cramer’s Prediction

Stocks Fall Sharply as Jobless Claims Jump…
Unemployment spike largest in 3 months…
German Finance Minister: Markets Out of Control…
Greeks strikers march on parliament against cuts…
BAILOUT OF BANK WITH OBAMA TIES RAISES EYEBROWS; CITI, GE, TAXPAYERS TO RESCUE…
Europeans scramble to restore unity…
CNBC Cramer: Europe to Collapse in 48 Hours – or Never…
Euro slips, [...]

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Liar…Liar, Your Oil Well Is On Fire!

May 25, 2010

I was speaking with a geologist the other day and he had a rather simple solution to the problem regarding the eco-disaster unfolding in the Gulf of New Mexico.  He stated simply that if you know how to drill an oil well, you know how to destroy it—that is if you want to destroy it.  [...]

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What Does It Take???

May 31, 2010

The system is broken.  We see the collapse at all levels of government–our economy and our ecosystem are just the symptoms of the disease that is affecting the United States.  Technology gave us a new electorate who elected an American Idol President.  Democrats and Republicans point at each other in sound bites and then go back [...]

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Nature of the Beast

June 5, 2010

ShareWhen you are an investment bank and you have huge government influence, what’s stopping you from wielding your political capital to influence events and policy that are beneficial to the bottom-line? When governments are corrupt and secret societies abound, power and influence prevail in the markets — but little organic value or useful service is added to the exchange [...]

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Google & Yahoo Get Cozy With BP

June 8, 2010

Where can you find a free press?  Well, it’s apparent from their lack of investigative reporting of the connection between Goldman Sachs, Soros, Buffett, friends of the Obama Administration and BP, that you won’t get it from the national news networks.  The hold out has been the internet by blogs such as ours; however now [...]

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U.S. Marine Scientist: “BIG Bomb Could Seal Gulf Oil Leak”

June 11, 2010

As of now 87 million gallons of oil have spilled into the Gulf of Mexico, and we are still counting.  Reportedly that’s 40,000 barrels a day.  Compare that with BP’s estimate of 1000 barrels.  Independent scientists, accused of “fear mongering,” by members within the Obama Administration, have had their earlier estimates, that contradicted  BP’s, vindicated, [...]

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Leadership Failure

June 15, 2010

It’s unanimous – from the left to the right – Barack Obama’s oil response is a leadership failure.
Sarah Palin took issue with Obama for allowing BP to control the facts and frame the oil spill situation to their advantage. She said, ‘you can never be allowed to that as a CEO and be on a [...]

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Obama Energy Secretary: BP is Going to Help Save the World

June 22, 2010

The White House wants you to believe it does not have ties to the oil industry. They blame the Bush administration’s oil ties for the oil spill. However, Obama’s Energy Secretary accepted $500 million from BP. He was so happy to receive the money, he said BP will ‘help save the world.’
WATCH VIDEO:

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BP=Bill Please!

June 23, 2010

According to Obama, BP has stepped up to the plate and created an escrow account of $5 billion a year to reimburse those directly affected by the BP Gulf oil spill.  Even given the best scenario, it is doubtful that figure will begin to resurrect the Gulf region, or to make whole the area prior [...]

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Raining Oil in Louisiana?

June 23, 2010

Jalapnik.com mentions that “under normal environmental temperatures, oil does not evaporate, however with the Deepwater Horizon disaster, the effects of seawater emulsification and the introduction of BP’s dispersant of choice, Corexit 9500, may be allowing some degree of evaporation into the water cycle.”

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Mr. President, What Took So Long?

June 26, 2010

Over the past 58 days since the Deepwater Horizon rig exploded tragically killing 11 workers, President Obama and his administration have dithered while the worst ecological disaster in American history has unfolded, wreaking environmental and economic havoc up and down the Gulf Coast. Leadership from this White House has been severely lacking. Since April 20th [...]

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Clinton: Blow Up the Well

June 28, 2010
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Kudlow, Forbes Debunk Krugman ‘Third Depression’ Call

June 28, 2010

Today Paul Krugman had a very depressing piece in the NY Times, The Third Depression and called for more government spending.
Krugman: We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression. But the cost — to [...]

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Elena Kagan: It’s Fine if the Law Bans Books Because Government Won’t Really Enforce It

June 28, 2010

Kagan Argued Before Supreme Court: its Fine if The Law Bans Books Because Government Won’t Really Enforce It
WATCH:

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Market Bell Rings Out Second Worst Quarter Since 2002

June 30, 2010

With no end in site, the Market sees S & P fall  below 1040 marking the skittish behavior among investors looking at a slow growth global economy.  No doubt the looming prospect of default by Spain and other countries had a part to play underscoring the tenuous nature of the global financial insttitutions.   Sectors that [...]

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Breaking News: Stocks Slide As Bernanke Tells Congress Economic Outlook Unclear

July 21, 2010

Federal Reserve Chairman Ben S. Bernanke, with continued worries about unemployment, appeared before Congress today indicating his apprehension about longterm deficits. According to Dan Greenhaus, chief cconomic strategist at Miller Tabak & Co., the Fed Chairman’s statements show concern for “draining liquidity rather than providing more stimulus“.  Bernanke emphasized that increasing national savings was an imperative and forecast real problems [...]

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Economist Forecasts: Double Dip Or Off The Cliff?

July 2, 2010

Despite the  positive spin President Obama tried to put on the lackluster jobs report today, the economy is still floundering, trying to find a firm footing on the road to recovery.  However, according to Dr. Peter Morici, a professor of economics at the Smith School of Economics, University of Maryland,  the nation is at risk [...]

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R-E-S-P-E-C-T

July 5, 2010

Read between the lines of the Rolling Stone article that resulted in the resignation of 4 star General McChrystal, and you will see that even the military has reservations about the inexperience of its Commander-in-Chief.  Consider this 4th of July that the first Commander-In-Chief was George Washington, a proven leader of men in the field, not [...]

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“W” More Than The Middle initial for George Bush

July 6, 2010

From The Web:
W” signals a double dip recession with economic growth coming to a dead halt. Irwin Kellner writing today for MarketWatch comments that Obama’s economic and political uncertainty have made things worse.
Read the full article here→

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12 Warnings That Expose Phony Economic Reforms As An Indication Of Obama’s Failed Presidency

July 6, 2010

From the Web:  MarketWatch
Today, Paul B. Farrel writes about the warning signs that Wall Street players, who hold 99% of America’s concentrated wealth, have effectively killed necessary financial reform.  Next stop dead ahead:  Depression!
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New Graduates Find Job Outlook Grim

July 7, 2010

New York Times: American Dream Is Elusive for New Generation
For young adults, the prospects in the workplace, even for the
college-educated, have rarely been so bleak. Apart from the 14 percent
who are unemployed and seeking work, as Scott Nicholson is, 23 percent
are not even seeking a job, according to data from the Bureau of Labor
Statistics. The [...]

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Palin: We’re on the Road to Insolvency (VIDEO)

July 10, 2010

Former Alaska Governor Sarah Palin on the Obama Administration’s continued spending. Palin also discusses how increased taxes are bad for everyone.
Watch the latest video at video.foxbusiness.com

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High Unemployment Means More Children Living In Poverty

July 12, 2010

There still remains a disconnect between Wall Street and Main Street. Fueled by bailouts from government, the current Wall Street rally does not necessarily equate to an improved job outlook. Even, Federal Reserve Chairman Ben Bernanke admits that unemployment will remain high.   The sad thing about numbers is that they do not tell the whole [...]

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Where Is The New Green Economy?

July 12, 2010

This country has always relied upon entrepreneurs to drive the economy.  Plaguing this nation has been a move in recent years from manufacturing  to a consumer economy.  NAFTA was meant to keep higher paying jobs in the U.S. and export the lower paying jobs to other parts of the world, namely India and China.  However, [...]

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China #1 Energy Consumer: The Race Is On

July 19, 2010

Wars have not been about ideology so much as they have been one of economic resources.  WWI was fanned by the industrial revolution and the ever growing need for resources to fuel it.  And the economic repression of Germany following WWI is often viewed as a major contributing factor to WWII.  China’s economic revolution could spell a [...]

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Your Body Mass Index Part of 2009 Stimulus Package

July 18, 2010

This is one of those little tidbits hidden in the voluminous 2009 Stimulus Package.  As part of the government’s new electronic health record that will be implemented in 2014, each individual will not only have their height and weight recorded, but body fat as well to determine obesity rates.  Further, this information will be available [...]

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Possible Double Dip Housing Recession If Unemployment Remains High

July 20, 2010

More bad news in the housing market.  Spring and summer are usually top marketing months for home sales, but the slide still continues to levels as low as 8 months ago.  Despite record low mortgage interest rates, according to Market Watch, unsold new homes are at  40 year lows. 
Hard hit are areas like Nantucket, where [...]

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Arizona Illegals Self-Deporting?

July 22, 2010

According to CNN today, some families are not waiting to see if the Arizona Immigration Law will be going into effect next week.  Losing jobs, losing businesses recently has led to uprooting families even though some members may be native born Americans.  Deportation is an act by the government to remove illegal aliens from a [...]

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Stress Test Reports on Health of Europe’s Banks Today Still Leave Questions On Sovereign Solvency

July 23, 2010

Early Reports on Stess Test of 91 European Banks Remain Murky:
Allied Irish has to raise over $7 billion, only 1 German bank doesn’t pass stress test, Portugal banks all pass stress test, Agricultural Bank of Greece and five Spanish banks have failed test.  Experts agree that most of large european banks are well capitalized; however, big questions have [...]

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