Sado-masochism

You have to be a sado masochist to read the news these days. Each news inflicts more pain and no gratification.

Which brain is better….

Which brain is better?
The average use of a brilliant brian or the brilliant use of an average brain.
Your thoughts……….

Sleezebag Millionaires!

The latest Wall Street Production starring:

•  Bernie andRuth Madoff – $50 billion and counting
•  Art Nadel – the Florida Ponzi artist – $350 million stolen
• Allen Stanford of the $8 billion Stanford Bank fame
• Nicholoas Cosmo – the NY scamster – $370 million

Technical assistance provided by the Securities and Exchange Commission.

How comfortable are you negotiating……

What are your major concerns in this economy?

The economic situation is deeply disconcerting. This is just a poll to identify what the major issues.

Should we UnPresident George Bush?

The political season is now coming to an end. In two days the election will be over and we will get back to our daily unexciting lives. The last few months has been exciting. The economy crashed, the politics interesting and SNL has been great. Once we find out who the next President is, there is no more suspense left. It is like the day after the superbowl or the day after the MLB worldchampionship. We will have to wait for a few months for the inauguration which is like a parade for the champion. Here is where it is different from sports. It is after the victory that the new President has to start doing the job that he promised us the last 21 months. Don’t you think that it is absolutely crazy that a person has to work only after wining. We should create a run of  where we vote on confirming the title only after the term has been completed. This way we can decide not to confirm someone who did not do their job. We should also be allowed to vote on their salaries, bonuses and retirement package. This way we reward the person for a job well done or just do a cost of living adjustment for the under performing one. Let me know your thoughts.

Politics and Economy

Politics and the economy are in the forefront of everyones mind these days. The two words have also become fairy inter-twined. Gone are the good old days where the President’s morality was more important than a President’s intelligence.

Probably the market is capitulating as I write this. Hopefully, we are near the bottom. The Fed has done more after the problem started then it ever did before the problem began. Greenspan had called the housing bubble a froth in 2005. I came across an article by Mike Whitney (http://www.counterpunch.org/whitney08172005.html) in 2005 that speaks very lucidly about the potential of the disaster.

Much has been said and written about this disaster. For the next fifty years this meltdown will be discussed by notable management schools like Harvard, Yale and the like. Hindsight will identify the problem and discuss measures not to allow it to happen again.

We are living in a time of historic happenings. Neither your name nor mine will make the history books but we are the common people that history will talk about. We are the common people who lost our homes, lost our savings, lost our lives as we knew it. The words meltdown, bailout, derivatives, credit default swaps will all be the jargons used to describe the event. Movies will be made, there will be documentaries, personal videos on you tube, thousands of blogs like this one will be written.

This is a new beginning. A different world. A new financial system. We are just getting into the new reality. We will learn and adapt very quickly and this will be a distant memory. The elections will be over. There will be a new President. The spin will start and we will all glide along into the beginnings of a new bubble. Be smart everybody. Don’t get fooled this time around.

The Bailout!

Finally, the Congress passed the bailout bill. I, as everyone else, have been thinking about the bill and the consequences of not passing it the last few weeks. I do not know what is right but this is what comes from my heart.

We are today a country of angry citizens because we have been put in a situation that is not our doing. We are today a country of frightened citizens not knowing what tomorrow brings. We are today a country of outraged citizens that a government built on so many checks and balances failed in protecting our finances. We are today a country of worried citizens not sure whether we will have a job tomorrow. We are today a country of incensed citizens that people in charge to the till robbed us blind in front of our own eyes. We are today a nation of infuriated citizens that the people who robbed us blind were bailed out today at our expense. We are today a country of enraged citizens that the very people who robbed us are now in charge of the bailout disbursement. We are today a country of furious citizens that we will probably be electing the very same people who belied our trust to continue the same policies as if nothing happened.

We are today a country of wiser citizens who will hopefully make wiser choices and judgements in the future.

The 700 billion dollar questions of the day!

These questions come to mind in no particular order.

1. Deal or no deal?
2. Stalemate or stupidity?
3. Politics or priorities?
4. Waylaid home owners or Wall Street vandals?
5. Debate or no debate?
6. Save them or sink them?
7. Recession or recession?

Nikon Coolpix buying club!

I have formed a Nikon Coolpix buying club on www.thebuyersNET.com. The club will accept a total of five members. Once I have the required members, I plan to invite sellers to bid on my club business and negotiate discounts. In this current environment, a penny saved is a penny earned. With sales being down and going further south, it is the best time to ask and discounts on any product. It is possible that the club may get discounts far beyond what is currently being advertised just to increase sales volumes.

One huge advantage is that the web portal takes care of the money transactions. Members are not expected to pay other members to complete transactions. As the transaction process is very transparent it makes the process stress free. Come and join me and let us negotiate a big discounts