Sunday Funnies

Laurel and Hardy dance to the Gap Band

courtesy of yark72

November 30, 2008. Tags: . Entertainment, Film, Popular Culture. Leave a comment.

Hillary SoS official: 10:40 am EST; HRC and Gates

Obama Clinton Ohio

UPDATE 2: Excellent piece here by Politico, on HRC and Gates’ views based on an exchange b/w the two in 2006 confirmation hearings for Gates, a MUST READ..

Clinton: “Let me ask you, Dr. Gates, that in an oral history of the ’92 Gulf War produced by the PBS program ‘Frontline,’ you made some very definite points about how the military often overstates or even in your words, “’exaggerate the level of forces required to accomplish a specific objective.’ I’m concerned that’s precisely the attitude that we’ve heard from Secretary [Donald] Rumsfeld, former Deputy Secretary [Paul] Wolfowitz and others with regard to former Army Chief of Staff] Gen. [Eric] Shinseki’s recommendation and many in the uniformed military and civilian experts, who have consistently beat the drum that we don’t have enough troops, we never had enough troops.

“So therefore, how will you take that set of recommendations from your uniformed military on board and figure out how you’re going to assess it, given your previously stated position that it’s often exaggerated when we look at missions to accomplish?”

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November 30, 2008. Tags: , , , , , , , . Cabinet, Hillary Clinton, Obama Administration, Politics. 9 comments.

Saturday Morning Cartoons : 1967/68 Shazzan! & Fantastic Four

November 29, 2008. Tags: , , , . Entertainment, Popular Culture, Saturday Morning Cartoons. Leave a comment.

Friday Night Sci-Fi: Mighty Joe Young (1949)

November 28, 2008. Tags: , , . Entertainment, Film, Popular Culture, Sci Fi. Leave a comment.

DOW pops on short trading day…

with 45 mins to the early closing bell, DOW is up 58, NAS down 9 and S&P up 3..

the 10 yr is at 2.96%..

turkey-sandwich

November 28, 2008. Tags: , . Economy, Finance, Wall St. Leave a comment.

Addams Family Thanksgiving

Addams Family Values 1993 Barry Sonnenfeld Dir., Orion Pictures

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November 26, 2008. Tags: , . Entertainment, Film, Uncategorized. Leave a comment.

Happy Thanksgiving

content courtesy of UMLinus101

November 26, 2008. Uncategorized. Leave a comment.

Dow Futures Down on Durable Goods..Home for the Holidays

UPDATE: 4:40 pm EST: Dow closed up 247, NAS up 67 to close over 1500 WOOHOO and S&P up 30.

Have a Happy Holiday!

DOW futures down sharply on the biggest drop in Durable Goods Orders in two years, down 6.2%.

A surprise pop in Personal Income up 0.3% is offset by the drop in Consumer Spending, down 1% in October

The first time Jobless Claims fell 14,000 to a moving avg of 529,000 last week…

The incoming Administration announces Paul Volcker will head up a new economic advisory panel and Austan ‘NAFTA’ Goolsbee will be the policy director of the panel…

Enjoy the Holiday!!

November 26, 2008. Tags: , , , , , . Cabinet, Economy, Finance, Obama Administration, Wall St. Leave a comment.

Terrorist Attacks in India: Mumbai..

UPDATE 2: 1:44pm EST: IBN now reporting the RAF may storm the hotel where hostages are being held.

reuters_police_mumbai_248

  • Colaba: Petrol pump blown up
  • 10 killed in Colaba attack
  • Gun battle outside Metro cinema hall
  • Hotel Oberoi, Hotel Taj under siege
  • RAF considering commando action, may storm hotels
  • Local trains suspended
  • Gunfire and grenades, the latest modus operandi of terrorists
  • Roads in Mumbai completely deserted
  • Terrorists still holed up at Nariman House (more…)

November 26, 2008. Tags: , . Terrorism. Leave a comment.

Markets sending the BAT signal to Obama…..

DOW down 122.26…..

He will be appearing live in 44 minutes

same bat time same bat channel as yesterday

CNBC has the countdown clock to his “economic announcement”  running….

watch it here in 42 minutes and counting….

more AWFUL housing news:

New Home sales drop 5.3% in October (vs a rise of 0.7% in September) and Consumer Sentiment has fallen to a 28 year low..

November 26, 2008. Tags: , , . Economy, Finance, Obama Administration, Politics, Wall St. Leave a comment.

Miracle on 34th Street and Market Update

UPDATE: 4:00pm EST: Markets close mixed, DOW up 37, NAS down 7, S&P up 5

With 90 mins of trading to go the DOW is down 139.55 to 8303.84; NAS down 38.25 and S&P down 14.

Methinks no one wants to go home for the holiday long these volatile and often traitorous markets..

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November 25, 2008. Uncategorized. Leave a comment.

Home Prices biggest drop ever..The Fed Steps in (finally)..TALF

If you are wondering why the sudden rush on housing and MBS, take a gander at the Case Schiller Housing Index this morning.

Low-lights of the report include: In the third quarter, the decline in the S&P/Case-Shiller U.S. National Home Price Index — which covers all nine U.S. census divisions — remained in double digits, posting a record 16.6 percent decline versus the third quarter of 2007. This has worsened from the annual declines of 15.1 percent and 14.0 percent, reported for the second and first quarters of the year, respectively.

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November 25, 2008. Tags: , , , . Economy, Finance, Foreclosures, Housing, Politics, TARP, Wall St. 1 comment.

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