Archive for the ‘Business & Finance’ Category

Hey Sarah Palin (with lyrics/subtitles)

Monday, October 13th, 2008

Hey Sarah Palin, Do you tell them in Wasilla

That 4,000 years ago we roamed the planet with Godzilla?

Is it true?

I am so fuckin’ scared of you

as number two.

Hey Sarah Palin, I think Alaska’s very pretty

but just 100,000 people more than Oklahoma City,

Yes, it’s true

Go look it up, I’m tellin’ you

Oh man, we’re through.

Oh, if you become V.P.,

oh, it’s Canada for me.

Oh, if you become V.P.,

oh, it’s Canada for me.

It’s Canada for me.

Hey Sarah Palin, did you real once inquire

whether you could throw library books into a big bonfire?

Oh God, my eyes.

This really might be our demise,

this pack of lies.

Hey Sarah Palin, just because you’re good at shootin’

doesn’t mean you have the ammo to negotiate with Putin

Are you on coke?

This fucking country’s up in smoke.

Oh,what a joke.

Oh, if you become V.P.,

oh, what will it mean for me?

Oh, if you become V.P.,

oh, what will it mean for me?

Just because I can see the moon

doesn’t make me as astronaut, you loon.

Your foreign policy expertise is poo

Do you really think a woman commits

to a candidate just because she has tits?

Please tell me that this ticket is not true.

I though that there could be no worse

than Cheney, but here you are. I curse

the madman who would cast a vote for you,

and McMcain too.

Hey Sarah Palin,is it media distortion

or would you tell a girl who’s raped

that she could not have an abortion?

it’s a new low.

Who knows just how far you would go?

I’d rather vote for Ross Perot.

Hey Sarah Palin, I don’t know.

Where can we go?

Oh, if you become V.P.,

oh, it’s Canada for me

Oh, if you become V.P.,

oh, it’s Canada for me

It’s Canada for me

Here is the video

IDAs: Individual Development Accounts

Saturday, October 11th, 2008

Individual Development Accounts or IDAs are matched savings accounts that enable low-income American families to save, build assets, and enter the financial mainstream.

Individual Development Accounts (IDAs) are emerging as one of the most promising tools to enable low-income and low-wealth American families to save, build assets, and enter the financial mainstream. IDAs reward the monthly savings of working-poor families who are trying to buy their first home, pay for post-secondary education, or start a small business. Additionally, some IDA programs allow participants to save for home repairs, computers, automobiles, or retirement.

These matched savings accounts are similar to 401(k) plans and other matched savings accounts but can serve a broad range of purposes

IDAs reward the monthly savings of working-poor families who are building towards purchasing an asset - most commonly buying their first home, paying for post-secondary education, or starting a small business. IDAs make it possible for low-income families to build the financial assets they need to achieve the American Dream.

The match incentive contributions - is provided through a variety of government and private sector sources. Organizations that operate IDA programs often couple the match incentive with financial literacy education, training to purchase their asset, and case management.

For basic information on IDAs ie

  • starting and operating an IDA program,
  • resources and support services available to IDA practitioners,
  • federal policy that will take IDAs to scale,
  • new research on IDAs and asset building, and
  • events for the entire field
  • Visit the following site : idanetwork.org

    AIG might sell off its vast portfolio of municipal bonds

    Tuesday, September 16th, 2008

    AIG’s might sell off its vast portfolio of municipal bonds, according to AIG’s financial statements as of June 30, its portfolio of municipal bonds holdings totaled $46 billion. But with AIG’s fate still to be determined, traders fretted about whether the insurer might sell off its vast portfolio of municipal bonds.

    The $2.6 trillion municipal bond market typically sees about $5 billion of new issuance a week and it is not uncommon for it to become illiquid when, for example, U.S. Treasury bonds have a rocky day.

    Other U.S. municipal issuers, including US states, cities, hospitals, turnpikes, and museums, in recent years entered hundreds of billions of dollars of swap contracts with investment banks, including Lehman. This helped the tax-free issuers lock in favorable interest rates.

    Korea Development Bank’s Chief declined to comment on a Reuters report

    Friday, August 22nd, 2008

    Korea Development Bank’s Chief Executive Officer Min Euoo Sung declined to comment on a Reuters report that the state-run lender is “open to” a potential acquisition of Lehman Brothers Holdings Inc.

    Reuters, citing an unidentified Korea Development Bank spokesman, said Korea Development is studying a number of options, including buying Lehman.

    Lehman Brothers Holdings Inc. climbed 15 percent in New York after Reuters reported that Korea Development Bank said it’s open to acquiring the fourth-largest U.S. securities firm.

    California Earthquake Insurance Claims

    Tuesday, July 29th, 2008

    California Earthquake Authority (CEA) Prepares Response to Possible Insurance Claims Resulting from the Earthquake Affecting the Greater Los Angeles Area.

    A moderate earthquake, the largest in Southern California since 1999, struck 35 miles east of downtown Los Angeles on Tuesday morning. It swayed buildings and tossed food off grocery store shelves, but there were no reports of major injuries or damage.

    CEA CEO Glenn Pomeroy said that they will be working closely with their participating insurance companies to promptly process any claims under CEA policies.

    CEA policyholders who experienced or suspect damage should contact their residential or renters insurance agents or companies to file claims. A list of toll-free telephone numbers for insurance companies that sell and service CEA insurance is available at EarthquakeAuthority.com.

    California Earthquake Authority (CEA) Prepares Response to Possible Insurance Claims Resulting from Today’s Earthquake Affecting the Greater Los Angeles Area
    LOS ANGELES — A moderate earthquake, the largest in Southern California since 1999, struck 35 miles east of downtown Los Angeles on Tuesday morning. It swayed buildings and tossed food off grocery store shelves, but there were no reports of major injuries or damage.

    The CEA is a privately financed, public-managed entity that is funded by insurance companies and customer premiums. It has nearly $9 billion available to pay claims resulting from residential earthquake damages to insured properties. more info you call Chris Nance from California Earthquake Authority : 916-325-3800

    SOURCE: California Earthquake Authority