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Last Visit 2018-12-15 14:47:37 |Start Date 2006-02-26 22:31:48 |Comments 618 |Entries 596 |Images 1,547 |Videos 113 |Mobl 2 |

Category: finance

12/05/08 09:32 - 23ºF - ID#46968

Worst since '74

Yea, I guess we really are in a "recession."



More carnage to come I'm sure.
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Permalink: Worst_since_74.html
Words: 23
Location: Youngstown, NY


Category: casino

12/04/08 12:39 - 42ºF - ID#46945

Seneca Casino Layoffs

There were so many people in Western New York who thought that they would never see this day. All I can say is that form my perspective it's really due to how the place is run instead of the "recession." They ran out all of the people with brains, class and experience. In a way the whole process of what happened was a class warfare thing form the start Was there validity in their points about a CEO getting paid 1.2 Million while people live in abject poverty? Sure you can't deny that fact at all. Now is having a guy who's only business experience is running a smoke shop empire with a leveraged operating advantage over any other competition outside of the sovereign tax free. Basically all I'm saying that I seriously doubt that he would have risen to the level of success he has had without the tax free element of his business plan. Anyway I did find the comments in this story pretty enlightening

The trouble is that with casino's they're extremely competitive businesses and the people that really have big money want to be pampered and treated right with respect. The employees at the Seneca Niagara Casino are pretty rude and cocky; Why I have absolutely no idea. You don't get that treatment over in Canada or on the Vegas Strip or even Wheeling Island. All I saw after Mickey Brown and the people that open the most sucessful casino on the east coast, Foxwoods in CT was the place go downhill. Just go to the the Thunderfalls buffet and pay for that overpriced slop.

From my perspective, it's not just the economy that's a downer on gambling, but other financial monitoring laws we have in place now. For example, the casino in the falls could never draw any Canadian high rollers for fear that bringing large sums of cash across the border would result in it's confiscation or at the very least it being registered and recorded.

All I can say is Joel Rose is somewhere smirking now. After all the Senecas were going to single handily save WNY with all the jobs that they would create, especially in that abandoned steel skeleton in the cobble stone district.

After giving up this it was so worth to have everyone look at this
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Permalink: Seneca_Casino_Layoffs.html
Words: 425
Location: Youngstown, NY


Category: sports

11/30/08 10:55 - 35ºF - ID#46895

How to wast time and money

This is what was going through my head as I was leaving the Ralph around 4:30PM today


Kickoff!
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After the game, these drunk ass people responded to the challenge of "Do the Hill!!!"
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Now the NFL has a similar introduction like a Monday Night wrasslin' show
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My friend from D.C. Says hot dog vendors down there are not this hot by any stretch of the imagination.
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The saddest part of the game was not that they lost, but the 1st and only TD of the game was scored on the Very First possession for either team, with SF going down to score after getting the ball after the coin toss. Seriously, if I could get my money back I would. Playoffs??? Ha, Ha, Ha!
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Permalink: How_to_wast_time_and_money.html
Words: 151
Location: Youngstown, NY


Category: blogs

11/29/08 11:01 - 30ºF - ID#46885

100 K

Wow, currently I have about 40 more views to go until I hit 100,000 views. I'd never thought I'd ever get any where near that or anyone would find my blog interesting enough to read though the content. It's not like I'm a chick blogging about my love life, so there's pretty much zero readership for the "juicy" content reasons. But some how or another people come across thing thing for whatever reasons and for that I'm 100K reasons grateful.

The only thing that I could come up with that would draw Google hits would be my financial/trading ranting and raving.

So with 100K views in 1007 days of this (e:strip) blog that's about 99.3 views per day. Not bad where I come from I must say. For my livejournal I may get that a quarter and not in a day, that's for sure. It just goes to show what great work (e:paul) does with this site.
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Permalink: 100_K.html
Words: 156
Location: Youngstown, NY


Category: going out

11/29/08 02:41 - 35ºF - ID#46880

Wine Bar

Tonight (e:Heidi) and I stopped by the Wine bar @ the corner of Virginia & Main. We had a pretty good time, althought the place cleared out at about 1:30am. Thanks to (e:jbeatty) for bringing it to our attention with the initial review & (e:mike) for burning the image into our minds html of what the outside of the place looked like!!! .

I have to admit just from my eyeballing the list, it does have a better selection of wine as opposed to Allen St Hardware. The feature that the guy behind the bar informed us about made me make a note in my future calender. On Sunday every glass is 50% off! Even though (e:jbeatty) initially like the concept that they did NOT have a TV, if I'm going to stop by on a Sunday afternoon, personally I would need a TV to keep me updated on the games. Especially since the time I may actually fit it in it most likely the NFL will be in the middle of playoff season.
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Permalink: Wine_Bar.html
Words: 186
Location: Youngstown, NY


Category: vegas

11/25/08 10:45 - 37ºF - ID#46838

Rehab, Party @ the Hard Rock Show

This is such a weird feeling. I'm watching this show on some channel called TruTV on Direct TV 246., or at least that's where i saw it. It's freaking "so there" on what actually happens.

The scary part is that I did go to one Rehab Sunday during the summer in August. Now I just hope that I don't show up on some episode ;-/
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Permalink: Rehab_Party_the_Hard_Rock_Show.html
Words: 72
Location: Youngstown, NY


Category: finance

11/25/08 12:08 - 37ºF - ID#46826

Dow Wow

It's actually good to see a nice bounce. Even though the Auto Bailout was a bit of a confusing pathetic exercise in money grubbing, Obama got the ball moving his his treasury appointment on Friday & the more money out of thing air coming from the "Bailout Funds" going towards Citigroup.

The breakout of the Long term Support was a "Fakeout" for the time being. Just for future reference if we break though and close for a long time below 7,591, then it's lights out Not the 7,842 which was the low from the "Asian Financial Crisis" in 1998.

All I can say is that I will be glad to take a break from Armageddon for a while. Although I have to stress "Happy Days are not Here Again"


On another note, I'm happy that U.B. has clinched their first bowl game in 50 years! I'd never thought I'd see the day that U.B. was playing in a Bowl Game. Plus, they're the most successful sporting team in the city if you really want to get technical about it.
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Permalink: Dow_Wow.html
Words: 177
Location: Youngstown, NY


Category: fiinance

11/20/08 04:30 - 32ºF - ID#46776

support fail

Pack it in; If you're owning stocks you better be on the 2028 plan. Meaning that if you are thinking of getting your money back until the year 2028!!!

Officially the stock market is screwed for a long, long time.

Get out now before you lose everything....This is an economic collapse, just like the Pan-Asian countries had in 1998 the year that we were last at these levels.
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Permalink: support_fail.html
Words: 66
Location: Youngstown, NY


Category: finance

11/20/08 01:02 - 33ºF - ID#46772

Auto Rescue Plan Reached

So they did slip a "bailout" for the U.S. Car makers into an energy Bill

To me this is just going to delay the day of reckoning. What they are going to give them still won't make them whole. If you consider their outstanding debt and Pension liabilities this may make the company only say - 35 Billion in the hole instead of -60 Billion. Consider the Market Cap of GM and Ford was 6.14 Billion on 11/17/2008. In the end this is just good money after bad. They are not going to help change the wage structure that puts them at a disadvantage to Honda and Toyota or change people's buying habits. In the end the only way the will keep the current GM Structure of workers making $75 an hour if you include their benefits is to nationalize the companies.
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Permalink: Auto_Rescue_Plan_Reached.html
Words: 144
Location: Youngstown, NY


Category: finance

11/20/08 11:51 - 32ºF - ID#46769

Must Hold

The market has been testing the 10 year low of the Dow Jones level 7883 made during the Asian Financial Crisis of 1998. If it breaks through and closes below that number, you better me on the 2033 Stock Market Plan or aka not thinking of getting ahead until the year 2033. So in simpler terms it will be Game Over.

It's not like I think that it will hold and then we will be off to "happy days again," but for the most part it will just delay the inevitable. Just like the Big 3 American Automakers. From what I can see the economy is going to tank into oblivion come February. We will have the numbers from the Holiday Season and it will just reflect that people just bought gifts for lineal family members only. We will have more abandoned shopping plazas (But in Western New York Benderson will still be building more even though there will be guys hired through Addeco or Apple One smoking and carrying a florescent "GOING OUT OF BUSINESS 40% OFF EVERYTHING" Sandwich Signs outside on the sidewalk of the current plaza that the built 2 years before and is only 30% occupied) ;-) Since we are a country that is fuel by expansive credit and consumption it will get nasty.

But who knows? When the big box/strip mall retailer's business plan blows up, that may create a return to Main St where people just go and start dealing locally with a "Mom & Pop" type of store once again.


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Permalink: Must_Hold.html
Words: 249
Location: Youngstown, NY


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