May 9, 2008

www.pizza.com

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Seems no ones using the phone to call for a pizza, they're using the web. At least to call Papa Johns anyway.

Posted by kickstand at 9:44 AM | Comments (0)

April 10, 2008

Reactionary Flying

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American isn't during much flying these days having to pull flights because of safety concerns. Better now than after a crash though.

Prediction: 3 months another Government bailout.

Posted by kickstand at 10:31 PM | Comments (2)

April 1, 2008

Big idea. No clout.

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The Bush Administration made a proposal for sweeping changes to financial regulation. Too bad they have no pull to make any of it happen.

Posted by kickstand at 3:16 PM | Comments (0)

March 28, 2008

Hard truth about the Bear Stearns buyout

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Given the choice between helping home owners or Bear Stearns - the governement has to help Bear. Why? Cause the world's financial markets care more about that. Sad, but true.
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Posted by kickstand at 11:08 AM | Comments (0)

March 14, 2008

Bear Stearns Bailout? Give me a break!

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Another casualty of the housing mortgage failout - the fat cats at Bear Stearns. They've asked for a bailout cause they couldn't manage their asses from their elbows. We should have seen this coming after the passed on their Christmas Bonus.

Posted by kickstand at 3:24 PM | Comments (0)

February 1, 2008

Is Microsoft takeover of Yahoo! a real yahoo?

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Microsoft makes it's bid for Yahoo! Stockholders got to love it, Yahoo! brass not so much.


Posted by kickstand at 11:46 AM | Comments (0)

January 23, 2008

Corporate tax breaking

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It should come as no surprise that the big benefactors of the economic stimulus package are the ones who pushed us into this crisis: bankers, homebuilders and mortgage companies.

...one of several emergency tax breaks being considered for corporate America, companies would for two years be allowed to carry back losses incurred in 2007 and 2008 against profits accrued over the previous five years, instead of the usual two year timeframe. Some of the biggest beneficiaries would be Wall Street banks such as Citigroup Inc., Merrill Lynch & Co., and Homebuilders, which have been punched by the housing slump after years of go-go profits, also stand to benefit. In fact, any company that is now struggling following years of healthy profits (that pumped up their tax bills) could in theory benefit.

Accountants should have a nice paycheck. Anyone think these companies will use the money to keep their employees, instead of lining their pockets?

Posted by kickstand at 10:39 PM | Comments (0)

January 22, 2008

Those crazy stock brokers...

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The market's on a ride today getting financial minds and Wall Street types everywhere acting crazy. Good thing those high rise windows don't open.

Posted by kickstand at 3:20 PM | Comments (0)

December 6, 2007

Interest rate freeze?

Insures banks will still get paid and means homeowners on the brink now have 5 years to get a wage raise. If only heating and food costs would freeze!

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Posted by kickstand at 5:13 PM | Comments (0)

November 20, 2007

Savings over fear?

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Toy marketers are bracing for a tough holiday what with all the lead paint and recalls. To combat this many stores are offering free shipping and bigger sales / discounts. Will consumers be swayed - will little Johnny get the gift he really wants?

Posted by kickstand at 10:19 AM | Comments (0)

September 20, 2007

Should there be relief in the sub-prime crisis?

As Washington discusses ways to help banks and mortgage lenders (and some homeowners) the question becomes how much help is too much? Even the FED chair Ben Bernanke is warning lawmakers to tread carefully.

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Posted by kickstand at 10:48 AM | Comments (1)