Big Changes Coming to California

| May 20, 2009

So….you want to live in California!        Big Big changes coming to California………..Schwarzenegger Seeks $6 Billion Loan, …..Much bigger cuts coming to education……..Schwarzenegger, a 61-year-old Republican, said the state should sell $6 billion of revenue anticipation warrants, a type of cash-flow loan that can be repaid over two years. He also proposed cutting an equal amount in […]

The Year 1918

| May 4, 2009

Hmm……….Anyone ever wonder if those masks really worked back in 1918? Policemen in Seattle wearing masks made by the Red Cross, during the influenza epidemic, December 1918.

Total American Debt

| May 2, 2009

Sometimes a picture is worth a trillion words or a trillion dollars as the case may be………

When Warren Buffett Talks, People Listen

| May 2, 2009

  Hmm………Anybody out there see a rebound in these numbers.  The answer is no.  Now at some point we will start to stabilize.  We could be seeing the beginning of that now, and that’s what everyone needs to look at in my opinion, but it’s still to soon to make that assumption.  Warren Buffett said today at the Bershire AnnualShareholders Meeting that the recent […]

Economy in U.S. Shrank at 6.1% Rate in First Quarter

| May 2, 2009

Well,  this rapid contraction won’t last for ever……………We should start to see low inventories help lead the economy to a tepid recovery in the second half of 2009 or early 2010.  From Bloomberg……..The U.S. economy plunged again in the first quarter, capping its worst performance in five decades, reflecting a record slump in inventories and further […]

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