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Stock News & Economy Updates
- Stocks end shortened week with big fall
- Jobless consumers will hold back recovery
- Oil at month-low amid U.S., Europe job losses
- Jobless rate rises to 26-year high
- Factory orders rise more than expected in May
- Manufacturing report boosts economic hope
- Pending home sales climb in May
- Mortgage applications decline
- Crisis looms as Calif. misses budget deadline
- Iraqi oil licensing round runs into trouble
Is Capitalism Really Dead, Or Just It’s Credit
23 Jun2009
Okay, let’s face it. NOW, it seems cool to be anti Capitalism cause basically most people are not as flashy credit laden rich as they used to. If you have too much, you are not considered wise or conscious. A big turn from the seeming Rich Dad poor dad theme of 10 years ago. Gossip blogs that bragged about guys chains are now calling them idiots for makings such outlandish purchases, yet their sites are dripping in sponsored splash page promotions.
Capitalism is an economic and social system in which trade and industry are privately controlled for profit rather than by the state.[1][2] The means of production, which is otherwise known as capital and includes land are owned, operated, and traded for the purpose of generating profits, without force or fraud, by private individuals either singly or jointly.
Okay this is not a hypicrocatic detail of those who are against capitalism but, it is ironic that in a time when people are losing jobs left and right, the rift of the rich and the seemingly rich have now reached a level of reality. Could the basing of capitalism basically be the voice of people exposed as not being as rich as they had claimed?
Popularity: 1% [?]
I’m sure there is a lot of benefit in hosting the olympic events for 20(fill in year). Realizing it was basically America vs… , with most of the marketing, commercial advertising and film footage from American media, as a kid I thought it was America’s sports party that just invited everyone else. I wasn’t an ignorant kid to think that, I mean I did live 5 minutes away from the training camp in Colorado and over in Europe, nobody really cared about the games, the sport was “getting” to the olympics. I can say, the year the US basketball team lost, the world realized, hey America didn’t have the sole ownership of the events and I saw it as a covert message that the US might be loosing its clout, if not the center of all things.
With all that said, I can understand America’s interest regaining the olympics. New president, new direction, new…I won’t go there but, you get the idea. The olympics may be used as public relations event to cleanse the world of US antics, as far back as 1996. (I’m talking blatant generalizations ok but, we were asses, esp in 2000). And that whole doping epidemic of a lot of US athletics might not help either.
Popularity: 1% [?]
They Day After Yesterday…
17 Jun2009
This is what I have been waiting on. I could have posted heresy for the past 6 months but, seriously once I heard there was a potential change, in the monetary setup…nothing meant anything until this speech, right here. So watch and now read the flood in of posts from me to really see what’s up.
Popularity: 6% [?]
The Irony of Internships In A Bad Economy
15 Jun2009
Internships had always seemed like the window to a better and bigger life in the workforce. If you wanted to show a company you had the characters to become an employer and a potential leader, you’d be willing to run 10 city blocks for coffee to prove you have the heart to do what it takes.
But now with people’s job on egg shells, is there any difference in the quality of work ethic, interns exhibit? Is there any politics and conformity in being a good intern without letting your boss or temp employer’s job insecurity affect your commitment (pre-emt sabtage?). And the most important, will your age affect your opportunity at a second wind of employment.
I always felt in the “Pursuit of Happyness,” if the movie was based on 2004 instead of 1984 (I forget in the book what year it was), the movie would NOT have ended, err “Happy” . Seriously, you’d really have to grab, magical attention of someone who could look past perceptions to take on an intern over 30, to become a brilliant, yet delayed protege. Even Mr. Gardner can’t deny it took someone to see how special he was and if he didn’t have that chance to show it, no one would ever know his genius.
Popularity: 8% [?]
- In: Walking Investment
- Tags: Internships
Like Its 1997 All Over
22 May2009
I’m sure most know about the rapper Dolla that got popped in Beverly Hills malls. To that I equate getting stabbed in Bergodff, seriously WTF? Last week some hoodrat tried to rob a Louis Vutton store in the upscale Chicago mag mile now this. Are you sure they are limiting credit?
But, when Dolla got shot, I said I must be outta the loop cause I confused him with Drake, cause somebody got shot at his concert too. Seriously Obama really has put light skin bruthas back in rotation I see. Anywho, getting shot in Los Angeles, point blank? Its like the mysterious shots fired over 10 years ago. A lot of conspiracy theories about why a lot of the people out in LA getting shot stem from gang activity, label disputes, even secret societies, to even the damn “devul.”
Overall, conflicting reports about Dolla being shot over a girl, to some thirsty employee that got fired, to a jealous dude. Its sad he died, but once again like rappers that got shot back in the 90’s he actually rapped about getting killed, very ominous right?
I think what makes his murder seem sorta fishy is that he was shot in such a high profile location, in the head. Like a contract killing or assassination or something. A beef shot would be in the chest, etc. But what do I know. For all I know those Pac conspiracies about people not following the oath, thus getting narc’d could be true. Who knows. It just seems like all of that.
Popularity: 32% [?]
- In: Business News
- Tags: Conspiracy, Murder
Contract Round Ups
22 May2009
All music contract news.
Jay-Z Exits Def Jam, Buys Out $5 Million Contract
Swiss Beats has asked a gag order on his ex-wife
Yung Joc Complains About His Money Dealings w/Bad Boy
Popularity: 33% [?]
- In: Lawsuits| Stay Losing| Takeovers| Walking Investment
- Tags: Contracts, Lawsuit
Magate Weekly Updates for 2009-06-28
28 Jun2009
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Popularity: 1% [?]