Folks are starting to feel the pain of Clinton's and Greenspan's false economy.
August 18,'07: In US Today, on the front of the money section, they featured a couple in Nevada who can't find a buyer for their house even though they dropped the price by $100,000.00.
Well all I can say is, that they found out what happens when you pay the price of a house according to what the final payment would be. The lower interest rate Clinton and Greenspan gave this country got people into bigger houses than the should have. Now after buyers competed for the market of homes and paid the larger price tag, they found out about inflation. (And the higher property taxes.) And to slow that down inflation, the fed had to raise the
interest rates and that is when Greenspan knew that it was his time to bail, before the s_it hit the fan.
Today the fed dropped the discount interest rate by a half a point just to encourage the banks to loan more money, but the banks are faced with a massive amount of foreclosures and they aren't giving the money away. See, the buyers are realizing the they can get the same home down the street for a $100,0000.00 less, so they are bailing on the banks. (Kinna thing that will happen the way my will is set-up.)
Heck I don't even have to look at the corporate home builders stock prices to tell you what's going on. I saw all the carpenter tools in the pawn shops.
Baby Einstein - dumber by the day
August 12th, '07: Baby Einstein has been in the news lately.
It's quite funny actually. According to a new report in the Journal of Pediatrics, for every hour a day that toddlers watch Baby Einstein, they learn six to eight fewer words than toddlers that don't. (The funny part about this statement from the Journal of Pediatrics: is that they never stated how many a normal child in a normal setting would learn, because I think just learning five words in an hour would be quite genius.-
for a two year old.
Then I ran across this blog quoting Bush at Helium com:
When the President said:"After her daughter was born, Julie Aigner-Clark searched for ways to share her love of music and art with her child. So she borrowed some equipment, and began filming children's videos in her basement. The Baby Einstein Company was born and in just five years her business grew to more than $20 million in sales. In November 2001, Julie sold Baby Einstein to the Walt Disney Company, and with her
help Baby Einstein has grown into a $200 million business. Julie represents the great enterprising spirit of America. And she is using her success to help others producing child safety videos with John Walsh of the National Center for Missing and Exploited Children. Julie says of her new project: "I believe it's the most important thing that I've ever done. I believe that children have the right to live in a world that is safe." We are pleased to welcome this talented business entrepreneur and generous
social entrepreneur Julie Aigner-Clark."
Of course she's a con woman and her business hurts the people it's supposed to help. She was sitting in the box with Laura. Another year, it was Ahmad Chalabi.
And of course "Baby Einstein" doesn't work. Bush endorsed it. So it makes kids stupid? We're lucky it doesn't kill them.
End quote from Helium blog.
Now you've got the Walt Disney Company making a millions off making kids dumber than they already are.
And I'm left with the job of trying to save the smart ones. Also, if you think you will find any real news at these blogs or web-sites; just remember that they want advertising and advertising everything to do with the selection of the material that gets posted. If there is a advertisement from the auto manufactures, you can bet I won't be able to post anything there.
For the Current Events post between
January 2007 through July 13th 2007
More Current Events - Poop Politics
(the column on politics)
Pesky Car Guys
2,400 words the media isn't telling you about, because of advertising dollars
Check it out
I read that Bush took away 50% discount on filling fees for small entities, (private inventors.) but after checking out the USPTO web-site, I noticed that we still have a discount. I also read that he took
that away 2/3 of the operating budget
away from the folks down at the US patent office, but I haven't been able to prove that way one way or another. But if he did, it could get corrupt just like many Asian countries.
Gee, even if we can find a patent lawyer that isn't working for the corporations instead of us, we'll have to worry if we would have to send an extra check for 10% for bribe fees like they are known to except in the Asian countries. (Yeah, otherwise an application is likely sit on a shelf for a very long time.)