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The New Year and The New Economy

This last year was a tough one.  We lived in an unofficial recession because Bush, Bernanke, and Paulson did not want to utter the “R” word.  The choices they made that affected all Americans were not just anti-Republican ideals, just plain anti-Capitalist.  There were signs that the economy would be going into some major contracting [...]

New Year MMA shows

I forgot about the end of the year MMA shows.  I just read about this venue and it looks to be very entertaining. A lot of great fighters here.
The Dynamite Card
Competing under DREAM MMA Rules:
Mirko CroCop (Croatia) vs Hong-Man Choi (South Korea)
Kazushi Sakuraba (Japan) vs Kiyoshi Tamura (Japan)
Joachim Hansen (Norway) vs J.Z. Calvan (Brazil)
Shinya Aoki [...]

Stock market defies gravity

We may have that New Years’ rally.  The stock markets closed up based on GMAC becoming a bank and being able to get its hands on the Bailout money.

Dow

8,668.39

+184.46

(2.17%)

S&P 500

890.64

+21.22

(2.44%)

Nasdaq

1,550.70

+40.38

(2.67%)

Most of the news on the economy was actually quite negative but investors ignored the headlines and bid [...]

How bad will the 2nd wave of defaults hurt the economy

All the subprime loans defaulting have definitely wreaked havoc on our financial system. I don’t think there is one business out there that hasn’t been affected in one way or another.  There are other types of loans that will soon repeat what the subprime mortgage defaults did  to our economy but on a larger scale.
International [...]