Monday, April 28, 2008

It's Just a Number Randomosity

  • Maybe Roger Clemens was doing research for a book he was writing.  Maybe Mindy McCready had a fake id.  Maybe this is some made-up stuff to take the focus off of steroids.  I can't wait to read Jose Canseco's take on it all!
  • Everyone was watching that 1405 number on the SP500 like they were anticipating the high heat from Clemens.  The off-speed change hit at 1402.90 as the index fell to just below flat for the day.
  • Tomorrow is another day.  But today, the tax rebates start to hit bank accounts for those folks who make under the rebate cap, and for those who don't make anything at all and filed a tax return claiming so.
  • Bill Cara's take?  US tax rebates to 130 million homes (says the President), starting this week, will likely drive revenues and profits of consumer electronics and household appliance manufacturers. Nowhere do I see any counseling of families struggling with debt to use this “found” money to pay down loans in order to improve their credit scores.
  • I read somewhere that even folks who pay down debt tend to run the credit back up to previous levels with in a year.  (Too lazy to find that link.)  So my take is that even if some do pay down a credit card, the credit will be whipped out faster than a Roger Clemens heater with an inexperienced batter at the plate.
  • Crossing Wall Street found Goldman Sach's Top Ten list for how rebates will be spent.  "I spent it all on cheesecake and petunias!"
  • Man, Battlestar Galactica is really frakkin' horrible this "last" season.  But I feel compelled to finish the series.

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