I was going to do something on Glen Beck but thought the wiser. Why waste precious bits and byte space on a clown like that? But briefly I hear Sarah Palin's book may come out in a short. What's that you say about 100 monkeys typing? (wasn't that the name of a blog?)
There's Bernie Madoff doing his 149 years in prison and those in charge of his case trying to find what's left of the $65 billion. Where did you hide all that money Bernie? They only found a couple hundred million from your houses and boats etc. They know some of that money was paid out to the first in line. Your relatives say that they don't know what happened to the money wink wink, nod nod. Sure we believe that when your boys were the ones overseeing the piggy bank. And speaking of some of the ones who beat it out first with a bag full of loot, I just know you could provide a 900% return on an investment you're just that kind of a whiz kid financial guru.
So let that be a lesson to all investers out there. On rare occasions an investment will pay some outragious return. I once hit 45% on a mutual fund but that happened for about a week before the fund took a nose dive and within a few short months was losing money. At present you'd have had better luck putting your nest egg under the mattress and lost nothing. People are worrying about rampent inflation but we're no where near getting to that point. Housing prices were up slightly in July but don't get your hopes up because there still a ton of foreclosures hidden in the banks books. A ton of mortgages haven't been rewirtten and there's the option and Alt-A loans to work through the system. I stumbled upon the foreclosure notices in the local newspaper the other day (no I wasn't looking at the obits!). In years past you'd see maybe 5 or 6 notices. Last week I counted 60!
I see a few green shoots of construction here and there but mostly minor repair work. Once again the round of calls to local construction companies resulted in nothing. No work. My question, why did they wait so long to release money for road work when they know the season is very short? Nothing came out until July 1 which is right about the middle of construction season. And even then they were hesitant to get the jobs going.
Maybe I could get work making bullets. I hear there's a shortage and they can't make em fast enough. Or maybe make anti Obama bumper stickers. I hear they suckered 2000 rednecks into buying them for $30 a piece. Dang $60 grand for a weekends work not bad. I see they're coming out with an Obama chia pet. That's it he's imortal now. Now if I could just come up with a scheme where you have to opt out or pay me $5 I'd have it made. But no I won't put one of those donate buttons or ads on this site. That's crass comercialism and I'd have to watch my P & Qs.