The Mess On Wall Street: Four Trillion Dollars Down The Drain
Simply staggering.
And the real reason for our bleak outlook?
HOW PROJECTED SURPLUSES BECAME DEFICITS:
Main Causes Were Tax Cuts and Higher Security Spending
I hope something happens soon, because right now the only thing keeping us out of another great depression is the fact that the rest of the world is slowly heading into recession along with us; if they stabilize before we do, we’re goners.
So there’s a 99.9% chance that I’ll be taking an extended trip to the U.K. from July 9th to August 6th, spending a week in London, then a 5-6 day side trip to Bruges, Amsterdam and Paris, then back to U.K. to hopefully see Wales and scotland.
Airfare is covered, and room and board is partly covered.
Now I just need to find the cash to pay for food, drink, and entertainment.
Donations greatly appreciated.
The subprime crisis, the housing bubble, whatever you want to call it, is not the problem.
It’s a symptom of pumping in money with no place to go.
Other symptoms are no job growth, no business growth, no stock market growth, falling median incomes, disappearing pensions and health plans, and the fall of the dollar.
Interesting take on Bushenomics (spoiler, its just like Reaganomics, and just as bad for us) and said with the eloquence only a satire author can muster.
so apple released a gorgeous new imac today, 20″ and 24″ models, super thin, stylish aluminum and glass case, impressive specs, super-thin keyboard, and at the same price as before.
bravo.
they also unveiled ilife ‘08 and iwork ‘08, both of which suites i purchased in their previous incarnation (ilife ‘06 and iwork ‘06) and was prepared to do again today, until i noticed that apple increased their educational pricing from the previous $49 rate (which was available the day both suites were released in january 2006) which was a $30 discount from the retail cost of $79 to an insulting $71, only an $8 discount from retail. In addition, they completely eliminated the educational pricing from all ipods last year, and today they eliminated the educational pricing on apple keyboards and mice.
you’re really a “class act” aren’t you apple?
apple, you really don’t like students anymore do you?
as soon as it became “cool to use a mac” on college campuses, you decided it was “cool to fuck your educational customers as hard as possible.”
and steve jobs, you say that bill gates and microsoft have no class? look in the mirror, that’s somebody without class.
thanks apple…
i almost wish microsoft would get their act together, then i’d be tempted to switch back to windows, at least their discounts for students, educators and non-profit organizations are still respectable.
Well, its decision time…
I was accepted at all 4 schools I applied to, UCSD, UCSB, UCSC, and UCB.
All of them put together roughly the same financial aid package, $22000/year with roughly $5000 in subsidized loans.
All of them except UCSB whom today informed me that I’ve been awarded a Regents Scholarship which would a) guarantee me housing if necessary, b) give me on campus benefits, c) give me an additional $6000 a year free, for 2 years, and d) replace “need based loans and federal work study as determined by my FAFSA with more grants and scholarships, thus effectively granting me a free education at UCSB.
decisions…
any thoughts?
