Thursday, April 30, 2009

Challenging times indeed...

You don't have to have a mortgage to be in dept...

A child born today in Britain owes £20,000
(equal today to $29,598)

Wednesday, April 22, 2009

The voice of hope

Just when everyone is getting laid off during the biggest
downturn since the 1930s great depression, out comes
an amazing voice of hope:

Wednesday, April 1, 2009

Bubbles Bubbles Bubbles

Bubbles always have at their heart some big idea, and in this case, obviously, that idea was twofold: housing prices could keep going up indefinitely, and our new instruments for managing risk meant that investing in housing was effectively risk-free. But while this veneration of real estate was central to the bubble, its effects were amplified by specific institutional and cultural factors that led the financial industry to make what amounted, ultimately, to the worst bet in history. In the US, most big financial institutions in effect wagered the value of their entire companies on the housing market. It's when those bets started going bad that the current crisis began.

Sunday, March 29, 2009

More change

The Bush era wanted to name the new trade center building "The Freedom Tower" just as they renamed French Fries to Freedom Fries. (By the way, when I order french fries, I make sure to say FFFRench fries please :)

Good news is a decision has been made to change this new building name to One World Trade Center which I consider positive. I just hope they mean one world and not just a world for a small minority.

http://www.newsday.com/services/newspaper/printedition/friday/news/ny-nyfree2712590972mar27,0,6084299.story

Freedom Tower

Artist's rendering of the 1,776-foot building originally called 'Freedom Tower'. The building's name was changed to 'One World Trade Center', the Port Authority said Thursday. (Skidmore, Owings & Merrill Image / June 28, 2006)


The Freedom Tower is out. One World Trade Center is in.

The Port Authority, the agency that owns the building at Ground Zero, said Thursday that the signature skyscraper replacing the Twin Towers destroyed on Sept. 11, 2001, will be more commonly known as One World Trade Center.

The reason for the name swapping? One World Trade Center is more marketable, said Steve Sigmund, a spokesman for the Port Authority.

"We believe there's been a good response in the marketplace toward it," Sigmund said Thursday.




Spanish judge to hear torture case against six Bush officials



Legal moves may force Obama's government into starting a new inquiry into abuses at Guantánamo Bay and Abu Ghraib

http://www.guardian.co.uk/world/2009/mar/29/guantanamo-bay-torture-inquiry

Change is needed and I am hopeful we will be seeing this post 2008!


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Thursday, March 26, 2009

We need change and I hope we get change!

This is incredible! Here are some melodies derived from Stock Charts (arranged with Songsmith, the Microsoft Composition Tool) showing the most expensive Music in the World.
By Johannes Kreidler. www.kreidler-net.de



It seems many people are living a life style set not only beyond their own means, but beyond the means of this earth. If we start to look at patterns around the world, it seems the biggest sign of madness has been relying on false speculation to support a life style that is unsustainable. If we continue this way I can see all this madness coming to a grinding halt. Fortunately, there are a growing number of people who are becoming aware of this. The earth only has limited resources.


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