As if the economy can’t get any worse, with the AIG execs getting their butt’s kicked by the public and lawmakers and the toilet torcher of the previous post, seems people are getting more and more desperate as they try to save and earn money. In one case, a bank robber who definitely needs cash robs a bank, is trailed by police to find him in another bank in the process of again robbing it. Continue reading »

The Economy is on the rocks and the American public is pissed off at the unreasonable AIG executives who have not yet returned their million dollar bonuses. Such is the anger of the people that opposition groups have been trying to organize tours of their properties to showcase their utter ignorance of the shape the economy is. From million dollar homes, yachts, cars and more, they have it all and are part of the tour should it push through. Continue reading »

Seems the economic turmoil that has so rocked the American Society down to the roots sees no end in sight and the famous guy they hailed as the next big thing that’ll change it all is in for a tougher ride. Seems the nostalgia behind the charm of President Obama is waning after people are finally realizing that there is no easy fix to the economic worry’s he has to deal with. Suffering from one setback to another, such as with his cabinet appointments that have ended in disaster, he faces a tougher year as the people who so loved him start to wake up and feel the heat from all the hype. Continue reading »

This was the response of Senator Chris Dodd, when he was repeatedly asked about the instances where bailout money was going into top executive bonuses (some were rumored to get $1million). Bonuses in a recession is truly crazy, but getting an answer that he deliberately included loopholes into the bailout laws (which by the way would be several hundred or so pages of mind boggling discussions, instruction and actions in legal wordings.) which was intended to help the economy and boost businesses like AIG. Unbeknownst to us ordinary folks, these crazy yet crafty business managers were issuing back-pay bonuses to their top executives with a little help from the government itself that had so strictly criticized the allotment of the taxpayer’s money for such purpose as the bailout, funny eh!
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Sour Apples are those that explode in your pocket and not in your mouth. Apple is being sued by a mother who says his son suffered second degree burns due to his iPod Touch exploding in his pants pocket claiming damages and attorney’s fees to the tune of a hundred thousand plus. Just can’t understand a child with an iPod Touch in school who may have had tons of stuff in his pockets that may have caused the burns. She takes the child to the hospital for treatment that came out to $15.00, with a few bucks for the pants and the underwear which also suffered. Why $100,000 +, well the lawyer seems to want the company to pay for the mental anguish the child is to go through Continue reading »

Seems the public can’t get enough of the new President, call it infatuation or whatever, he seems to attract everybody’s attention whatever he does. From his favorite soft drink, his blackberry to the family’s dogs, everybody has an opinion. The first family has suddenly been thrust into the celebrity status that comes with the position at the helm of the worlds most powerful, most damaged by the recession and most gun related incidents of a country. From desperate people Continue reading »

Wall Street is in shambles and headlines say the fraudster Bernard L. Madoff is expected to plead guilty, come on people, he’s admitted the crime and everybody can say is that he’ll admit he’s guilty? He still lives in his high-end apartment, and yes we know due process that everybody is assumed innocent until proven guilty but this is ridiculous. It’s a mockery of the justice system that America is based upon and don’t even think about a deal with the government because you can forget about the high-rollers in the list of ripped-off Continue reading »

Seems like everything’s fair game in this troubled economy and one of the tools of the trade is getting targeted. The lowly teleprompter, the speech-displaying piece of glass we see all over the sides of the podium is under attack for, too much presence?! The piece of glass is actually a small part of the thingy’ and either a monitor or projector provides the actual rolling speech for these people in government to read. Former President Clinton got humorous when the wrong speech got showed during one State of the Nation Address and now President Obama is being criticized for too much use.
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Now that’s not something common for oil giants to be happy about, burst pipes that lead to production. They normally dread at such failures for they entail millions if not billions in lost revenue but this time round, these guys are happy that something did break. The failure is projected to raise fears about the supply of the precious black liquid we have so depended on for a long time and oil magnates controlled, thus allowing them to again keep tabs on its price.
Previous months had OPEC and many other oil producing nations worried for their projected output was so much but the recession has forced many to stop using cars thus lessening demand for gas and other petroleum products. This lessens the amount of oil(OPEC has cut production to raise prices artificially) ready available for processing into the many derivatives we simply cannot live without. The problem happened somewhere in Nigeria, where a burst pipe caused a closure of a processing plant Continue reading »

Need to know that the economy is doing bad.. really bad? Well get this budding entrepreneur who found a very innovative way to sell of all things, coffee. Take a drive last year into the business district and you’ll surely see coffee shops at every street corner. Now that the recession’s here, many have closed shop or trimmed branches for they just had to. Major brands have first been beaten by unknown brands that not only taste better but cost less. Now this guy opens his coffee shop, gets a couple of servers and in comes customers in groves, he earns a lot of money but ends up in controversy. The coffee shop has this posted outside :

“Over 18 Only.” another sign says, “No cameras, No touching, CASH Only.”

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