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Showing posts from December 14, 2008

Go Now.

Americans who fled to small vehicles during $4-a-gallon gas are rushing back into the arms of sport-utility vehicles and light trucks, reversing a trend in which economy cars soared in popularity while consumers ditched brawny gas hounds. Recent data and interviews with local dealers show more U.S. consumers have bought SUVs and pickups of late than any other new vehicle, thanks to the free-fall of crude-oil prices and must-sell discounts that would make even Santa Claus seem like a cheapskate. " Americans don't want to drive little cars," said Sophia Koropeckyj, a senior economist and auto-markets analyst with Moody's Economy.com in West Chester. "They really prefer larger vehicles, and gas prices have receded more than half since the summer. That's the only conclusion there is." Americans. Is there any term that signifies "gluttonous consumer" more than that? I say, no. I may have said it before, but ... we like our stuff. And we like big...

I love my stuff.

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"I don't care about losing all the money. It's losing all the stuff." - Marie Kimball Johnson ("The Jerk") WASHINGTON – Anxious to jolt the economy back to life, President-elect Barack Obama appears to be zeroing in on a stimulus package of about $850 billion, dwarfing last spring's tax rebates and rivaling drastic government actions to fight the Great Depression . And we all know how successful last spring's tax rebates were, don't we? How much of your $600 do you have left? I know the economy is in trouble because it's all I hear. I guess they figure they'll do the same things that Roosevelt did during The Great Depression. But it has to be difficult for our government to compare, since almost nobody who was an adult then is alive now. All we know is what we read, and to me it seems different. That was when people stood in bread lines because they didn't have enough money for food. During The Great Depression: 13 million people ...

Stirring it up.

There's nothing worse than a shit stirrer. You know the type: People who do things that they know will draw attention to themselves, then get twisted up over the attention it draws to themselves. It's a form of mental illness. To wit: EASTON, Pa. – The father of 3-year-old Adolf Hitler Campbell, denied a birthday cake with the child's full name on it by one New Jersey supermarket, is asking for a little tolerance. Heath Campbell and his wife, Deborah, are upset not only with the decision made by the Greenwich ShopRite, but with an outpouring of angry Internet postings in response to a local newspaper article over the weekend on their flare-up over frosting . The first thing happened three years ago when Mister and Missus dumbass named a kid Adolph Hitler Campbell. They're Americans, one presumes. Giving a child the middle name Hitler is questionable judgment at the least and at the most downright stupid. It's the same reason you wouldn't name him Dick Sucker ...

Help me with this.

I'm no economist, so there are a lot of things that don't make sense to me. Consider this: ... with uncertainty about the auto sector, the Fed's policy meeting on Monday and Tuesday will also remain in focus. The central bank is expected to lower its benchmark fed funds rate by a half-percentage point to 0.5 percent . That's great for people with adjustable-rate mortgages, since their payments will go just about as low as they can. Meanwhile, credit card interest rates are still in the 15 to 22 percent range. Why? What it tells me is that our government is in the back pocket of the credit card companies. If not, then how can you explain the fact that the Fed is lending money out at almost zero percent and Citibank and your local department store are charging 18 percent? I can't be the only one who wonders about stuff like that. Our government is in a big hurry (supposedly) to help banks and auto makers, but the real catastrophe is going on with people paying 20 p...

Dexter

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Season finale - Showtime 9:00pm. I'm happy and sad at the same time. The best show on TV.

Stubbed in the hub fo shizzle.

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"break it down like i'm stupid." - Kimmyk When I was young (when dinosaurs roamed the earth) if I wanted tickets to a big event like an Emerson, Lake and Palmer concert, I'd drive to the local record store early in the morning and stand in line until the mall opened. Then, a few hundred of us would run in to the store and wait in another line. After the cashier ran off about 20 tickets for his friends, we would get a shot. They were general admission shows back then, and unless it was sold out, you were guaranteed to get in. That led to another series of line-standing and running-in at the show, but that's another story. Now, the Internet rules, and tickets are a commodity like pork bellies or barrels of oil. They are bought and sold for a profit by big companies like StubHub (which was acquired by eBay in 2007). Because of a vagary in the law, scalping tickets off-site is not illegal, but selling them at the event is - ticket scalping has become a cottage in...