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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11/20/2008 11:51 #46769
Must HoldCategory: finance
11/18/2008 23:46 #46748
Paris Hiltons New BBFCategory: television
Funny how that now MTV totally killed off music they suck me in the a reality show. That old 60 something year old guy that runs the network really knows how to push my buttons.
I have to admit she's one of my guilty pleasures. It could be that seeing her on that couch kind of reminds me of one of my favorite movies Cruel Intentions but I know it's by design. In the end she isn't as stupid as most people think or at least that's what I believe.
SO Yea, that's my latest guilty pleasure in TV Viewing.
Although I did redeem my brain in regards to the MTV Networks by catching this song for the first time on MTV2. All I can say is that I have totally felt that and been there. It's kind of a mix between the Afghan Whigs and Bahaus. I'm glad that the artist or record company actually is allowing embedding.
I have to admit she's one of my guilty pleasures. It could be that seeing her on that couch kind of reminds me of one of my favorite movies Cruel Intentions but I know it's by design. In the end she isn't as stupid as most people think or at least that's what I believe.
SO Yea, that's my latest guilty pleasure in TV Viewing.
Although I did redeem my brain in regards to the MTV Networks by catching this song for the first time on MTV2. All I can say is that I have totally felt that and been there. It's kind of a mix between the Afghan Whigs and Bahaus. I'm glad that the artist or record company actually is allowing embedding.
11/17/2008 22:38 #46726
carnyCategory: documentary
Yea, I can't stand to watch the Bills lose. So I was flipping the channels and came across a documentary called Carney.
I was totally surprised that it had such strong local ties. Yea, it's produced by TVO TV Ontario [Canadian Public Television], but a good majority of the people featured in the film were from Western New York. The best part was the 25 minutes where the featured Canal Fest and a carnival worker from North Tonawanda. All I can say is the former bar 7 Wonders actually has quite a bit of time in the doc.
Seeing a "Cut Down Clown" as a human being is kind of different. Even though I don't have an issue with clowns, the guys that run serious smack behind the bars of their dunk tank really do freak me the F out.
Check it out if you ever get a chance to see it. Personally I loved the Tom Waits/Butthole Surfers type of soundtrack as well. All I can say is it's pretty cool stuff.
I was totally surprised that it had such strong local ties. Yea, it's produced by TVO TV Ontario [Canadian Public Television], but a good majority of the people featured in the film were from Western New York. The best part was the 25 minutes where the featured Canal Fest and a carnival worker from North Tonawanda. All I can say is the former bar 7 Wonders actually has quite a bit of time in the doc.
Seeing a "Cut Down Clown" as a human being is kind of different. Even though I don't have an issue with clowns, the guys that run serious smack behind the bars of their dunk tank really do freak me the F out.
Check it out if you ever get a chance to see it. Personally I loved the Tom Waits/Butthole Surfers type of soundtrack as well. All I can say is it's pretty cool stuff.
11/06/2008 14:01 #46574
Frank must be turning over in his graveCategory: vegas
The economic downturn is taking down more than just previously unshaken investment houses on Wall St. It's taking down Frank Sinatra's old casino The Sands. When the auditors have doubt for you to "continue as a going concern," You're in for some trouble.
I guess I could feel the vibe when I was out there in August. The place is in for some trouble. How are they going to fill all of the rooms that have tripled the capacity of rooms over the last 10 years with less flights being booked? It's just too insane now these days. If I do go back I'm going to check in at a dump on Freemont St or hang in a "local" casino where you have a shot at making your bankroll last the whole trip. The days of people going to Vegas, spending $500 on a room, Droppinig $5000 at a nightclub for bottle service, and $100 bills on other "stuff" are at an end. The credit card is Maxed out & the bank won't let you get any more money from your HELOC since you're underwater on your mortgage
I guess I could feel the vibe when I was out there in August. The place is in for some trouble. How are they going to fill all of the rooms that have tripled the capacity of rooms over the last 10 years with less flights being booked? It's just too insane now these days. If I do go back I'm going to check in at a dump on Freemont St or hang in a "local" casino where you have a shot at making your bankroll last the whole trip. The days of people going to Vegas, spending $500 on a room, Droppinig $5000 at a nightclub for bottle service, and $100 bills on other "stuff" are at an end. The credit card is Maxed out & the bank won't let you get any more money from your HELOC since you're underwater on your mortgage
11/06/2008 09:52 #46570
strange phone dayCategory: random
Yesterday I was just kicking back on my lunch break in my car just taking a short nap when I received a phone call. " 'MY RL 1st Name' This is Grandpa!" My response, "Umm, Ahhh, I don't have a Grandpa" His Response, "Sorry I must have the wrong number."
Seriously, I have heard of EVP and other weird electronic communication devices, but I haven't had a grandpa since 1987. That's the year both of them died. Second one of them didn't even speak English, he only knew Polish. Plus the guy didn't sound anything like my "American" grandpa, from what I could remember. Anyway logically I knew it was most likely an honest mistake, but on another level it kind of weirded me out.
Then as I was leaving work, I received a text message wishing me a very happy belated birthday from the two women I had brief relationship with a few years back! It just caught me as something a bit out of left field. Seriously did Obama's election cause a tear in the time space continuum to have strange communications sent to me yesterday?
Seriously, I have heard of EVP and other weird electronic communication devices, but I haven't had a grandpa since 1987. That's the year both of them died. Second one of them didn't even speak English, he only knew Polish. Plus the guy didn't sound anything like my "American" grandpa, from what I could remember. Anyway logically I knew it was most likely an honest mistake, but on another level it kind of weirded me out.
Then as I was leaving work, I received a text message wishing me a very happy belated birthday from the two women I had brief relationship with a few years back! It just caught me as something a bit out of left field. Seriously did Obama's election cause a tear in the time space continuum to have strange communications sent to me yesterday?
You had a grandfather who only spoke Polish? How cool! Do you speak Polish?!
Maybe the Happy Birthday was their was of saying they wanted some seconds!