Tuesday, August 30, 2005

The Daily Bacon

* The market rally yesterday was on pretty light volume. That's to be expected in the last week of August, when folks get out of town for the last big trip of summer. I think that's why "shorting a dull tape" can be dangerous.

* It's not a good thing to be a President after an economic bubble. The Roaring 20's were followed by the 1930's. Blech. The 1960's boom was followed by the 1970's. Blech. And the 1990's? Well, look at what we have. Blech. The report out today shows that poverty has increased every year under Bush. Which, you would expect after the 90's bubble. But it won't help his poll numbers.

* If you can help the hurricane Katrina victims, click on the Red Cross of Salvation Army links below the chalkboard.

* When was the last time you had cinnamon bears? (Uh, the little fellas are calling out my name right now.)

* President Bush hasn't mentioned the Strategic Petroleum Reserve yet. If Hurricane Katrina isn't a reason to tap the reserve to replace the oil production from the region, what's he waiting for? (The WSJ has an article saying he might. But it'd be nice to here some action on this!)

* Around 9:30am everyday, somebody here microwaves bacon. Every single day. And the office fills up with the smell of bacon. Good grief.

* What was France thinking when they built New Orleans, anyways? Below sea level? At least we know who to blame. (hey, we need a little post-hurricane humor).

* Did you see Chasing Liberty with Mandy Moore? Don't bother if you haven't. And if you have? Yeah, hopefully it was a $1 rental. (Or a Netflix). I like sappy romantic comedies, but that was too sappy, not that romantic, and not funny enough.

* You can't make this up on volume. GM is losing $1227 per vehicle sold for the first 6 months of 2005. (Seems to me, that the first order of business to fix GM's problems is to quit selling cars. Uh....)

* The next James Bond movie will be a rewrite of Casino Royale.

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