Andre J. Peschong

So much news and so little time.  I don’t believe there has ever been a time in history when so much news is being created by so many people on a global level.  In fact, there are so many newsworthy events happening on a daily basis that it truly overwhelming.  Lately it seems like it takes me 2 to 3 hours to get through just the day’s events in the market and global political news.  This is crazy, even with RSS feeds (which I believe is one of the greater inventions in the 21st century.)  But now I digress.  As promised, here is my weekly rant and rundown of the news.

Here is what we have so far:

Katt Williams: It's Pimpin' Pimpin' download
The Great White Hype ipod
Gabriel Iglesias: Hot and Fluffy video
• First item is not a news story but more of a reminder, BEWARE THE BEAR RALLY!!!  Nothing has fundamentally changed.
• The war between John Stewart and Jim Cramer.  It is just completely ridiculous but adds some levity in times when all the news is bad. 
• AIG is currently the biggest story out there, mainly because of the sheer volume of capital that it has needed from the government to stay afloat.  Actually this is a post in and of itself but the shock and disbelief on the bonuses being paid out for employees that are going to be axed is causing a grass roots outcry from main street America.  The Administration will not let this one go and in this rare moment I (the author) and the administration absolutely agree.
• In the common sense department, the bankruptcy trustee is going after Ruth Madoff’s money.  How can anyone claim that she was not the beneficiary of money that emanated from Bernie’s fraud?  Let’s hope the legal system does not hand us another OJ or Michael Jackson.  If Ruth Madoff is allowed to keep more than the clothes on her back it is just a snub to all of the investors who lost everything from a man who admitted in public and in a court of law that he is guilty.  At least he was denied bail.  Gee, do you think he could be a flight risk?
• How many printed newspapers will cease to exist in the next few years?  Here is an industry that is ripe for the old saying “adapt or die”.  The casualty rate could be significant considering the numbers do not pencil out for the high overhead and costs associated with printing, distribution and staffing these companies.
• Is it me, or does Geithner look like a character from an episode of Star Trek?  He is really getting a bad rap for not being able to tackle all of these issues that come up in a timely manner.  Before we lynch this guy, first let’s get him some help in the implementation department.  My only word of advice is please show some personality and some empathy.  He is too professorial which makes “main street” distrust him.  I think he is the real deal but time (very short time) will tell.
• Gold, $2000????  The recent video on the prolific printing of US currency to inject into the “system” which apparently means buying US treasuries?  I DO NOT UNDERSTAND THAT MOVE!  The US dollar is weakening by the day, inflation will rear its ugly head. If you look at the classic definition of the Ponzi scheme
  • A River Runs Through It hd

  The Lizzie McGuire Movie movie download , isn’t that what the US government is doing?  The only difference is, instead of offering investors an abnormally high rate of return they are offering “safety”.  Having said that, could gold actually reach $2000 an ounce?  It has never been there but if even half of this economic fallout happens or continues then that dollar number is plausible.

Hannah Montana: The Movie Cinderella III: A Twist in Time rip Blowup movie download
There is my snapshot of newsworthy events for the week.  Remember, if you find these posts enjoyable and my blog entertaining, please tell your friends.

• The Hunting Party full Fierce People movie download

Bookmark It

Hide Sites