* Angels beat the Yankees!
* The Delphi bankruptcy is really big news. It's another large company with wage and benefit issues, trying to cut costs to compete globally. In today's WSJ, an article states that Delphi Corp. Chairman and Chief Executive Officer Robert S. "Steve" Miller said the big auto supplier, which filed for bankruptcy protection Saturday, could still save its pension plan for U.S. hourly workers, but only if unions agree to work for about a third of their old pay and benefits. That's a 66% pay cut!
* Well, if you have a Pittsburgh Steelers running back on your fantasy football team, welcome to the dreaded "running back by committee." Willie Parker and Jerome Bettis shared carries, resulting in fantasy stats that were at best mediocre. Bettis looked good, though.
* Angels beat the Yankees!
* We've seen GM, Ford, and many of the airlines also cite wages and benefits as a major issue. How long will this take to filter into government jobs? Consider many local and state governments have deficit issues, what about workers there?
* The podcast craze has resulted in TOO MANY to listen to. I have about 5 that I download daily, another 10 weekly, and I don't get to them all anymore. Clear Channel is offering up much of their content via podcasting. Local radio stations and syndicated broadcasters have their podcasts. Even TV shows and newspapers now have podcasts. It's great for you and I, for when we're out on a jog or bike ride. Don't have to stay glued to the chair at home. But there is a lot of content out there!
* For all the talk and polls about how the world hates President Bush and the Iraq war, the media is missing a few things. First, President Bush was re-elected. Second, Tony Blair was re-elected. And next, Germany's Gerhard Schroeder was voted out.
* Angels beat the Yankees!
* Yahoo has podcasts now.
* Wal-Mart had a nice move yesterday, then today I check online Barrons, and hey what do you know? A positive article on Wal-mart. Think that may have helped move shares?
* Who will President Bush choose as new Chairman for the Federal Reserve? Greenspan only has a few months to go. Will it be somebody respectable, or a crony down the hall? This is a big issue, but not too many folks are talking about it.
* I didn't know Ralph Acampora got the heave-ho? Reading Alan Ableson from Barrons, as he muses on market timing and technical analysis.
* The Amazing Race tonight! Set the Tivo if you can't be there LIVE!
* Saturday Night Live is really bad these days. But I tend to have the first 30 minutes on to catch any of the Presidential skits. This last week, they had an okay skit where President Bush and Dick Cheney were debating cronyism in the recent pick of Harriet Miers. President Bush then went over his history of jobs, and admitted that he had benefitted from cronyism. Or, "I cronied my way in." The skit went on too long as usual, but cute line. Who hasn't "cronied" their way in somewhere?
* Angels beat the Yankees!
Tuesday, October 11, 2005
Angels beat the Yankees!
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