The Dow suffered its worst one-day point loss ever on Monday after the House of Representatives failed to pass a $700 billion financial bailout plan aimed at rescuing Wall Street from the most serious credit crisis since the Great Depression. The dramatic day on Wall Street also saw Citigroup take over Wachovia's banking operations in a government-assisted deal, and the second-largest percentage drop in crude oil since April 2003.
1 - If you own stocks, mutual funds or bonds, sell them and take what you can, buy gold, foreign currency or just plain buy the things you will need the next couple years.
2 - If your kids need shoes, find a sale TODAY and buy two pairs (anything that is on sale, get two).
3 - Don't let the drop in oil prices fool you, gas is not going down, what has happened is speculators are backing off and that is not a good sign. Save as much gas as you can, stop the unnecessary driving folks!
4 - After doing the above, invest in God's Kingdom! It's the only thing that will give a GURANTEED return!
Monday, September 29, 2008
What to do about this financial situation?
Posted by Bill's Waste of Air at 6:45 PM 10 comments
Labels: bailout, Citigroup, Depression, Dow Jones, Wachovia, Wall Street
Saturday, September 27, 2008
George W. Bush and Nancy Pelosi?
Are GWB and San Fran Gram Nan in "bed" together?
I am SICK at this whole "bail out" business.
This is the United States of America and we are a free enterprise system.
Yes this is the biggest financial story since the Great Depression, but saddling the taxpayers with $700billion in debt is UNFORGIVABLE. Any Republican that votes for this bailout better beware come election time.
Stupid people bought homes, cars, boats, rv's etc., with money they didn't have and I am supposed to bail them out?
Greedy jerk bank managers knowingly made BAD loans and then took their money and ran, and I am supposed to bail them out?
Financial institutes, caving into the "politically correct" movement in America made loans to minorities who should not have been given those loans out of fear of being "racist" in their lending practices.
Now it all comes crashing down and I am supposed to bail it out?
NO!
I am sorry if you are losing your home, you probably should have thought it out better instead of taking advantage of the market and biting off more than you could chew.
Mr. Bank, sorry you made really STUPID loans, so, close down and go on to something else.
This is not the average tax paying AMERICAN'S FAULT!
Currently according to MSNBC polls of incoming emails and calls, the legislator's are hearing 100-1 that Americans don't want this bailout!
They better listen!
Anything that brings Barney Frank, Nancy Pelosi and George W. Bush together, can't be a good thing.
GWB is a traitor to Conservatives everywhere. I am ashamed!
Posted by Bill's Waste of Air at 6:31 PM 2 comments
Labels: bailout, Bank Failure, Barney Frank, Congress, Nancy Pelosi, President George W. Bush
Monday, September 22, 2008
Obama be in my bathroom!
Posted by Bill's Waste of Air at 6:41 AM 9 comments
Labels: 2004 Election, Barack Hussein Obama, bathroom, Bill Post
Sunday, September 21, 2008
OK, Who's Kid Is This Anyway????
I submit to you below evidence that the POST blood is thicker than that blood with which our family mixes.
Yes that fine chiseled facial good looks runs rampant in the
male side of the POST family.
You want proof? I got PROOF!
Photo #1 Joshua O'Meara Photo#2 Billy Post
As you can plainly see, although separated by 47 years, these two young men are POSTS.
Look closely at the steely eyes, the firm chins, the stout cheeks, and those finely muscled hands.
I ask the reader, is there any doubt that these two fine young men are cut from the same cloth?
ps: this is my nephew Joshua, my youngest sister's son. The lad on the right is an upstanding member of the Salem-Keizer community.
Posted by Bill's Waste of Air at 7:45 PM 2 comments
Labels: Billy Post, Family, Joshua O'Meara, nephew, relatives
Monday, September 15, 2008
OHHH My Aching Back!!
Posted by Bill's Waste of Air at 7:19 AM 5 comments
Labels: 1430 KYKN, Back Pain, Bill Post, Chiropractor
Barack Obama inflates his resume!
CHAPTER SEVEN
"… And so, in the months leading up to graduation, I wrote to every civil rights organization I could think of, to any black elected official in the country with a progressive agenda, to neighborhood councils and tenant rights groups. When no one wrote back, I wasn’t discouraged. I decided to find more conventional work for a year, to pay off my student loans and maybe even save a little bit. I would need the money later, I told myself. Organizers didn’t make any money; their poverty was proof of their integrity.
[A] few months after Auma called, I turned in my resignation at the consulting firm and began looking in earnest for an organizing job…"
July 9th, 2005
Dan Armstrong
Here’s Barack’s account:
"Eventually a consulting house to multinational corporations agreed to hire me as a research assistant. Like a spy behind enemy lines, I arrived every day at my mid-Manhattan office and sat at my computer terminal, checking the Reuters machine that blinked bright emerald messages from across the globe. As far as I could tell I was the only black man in the company, a source of shame for me but a source of considerable pride for the company’s secretarial pool."
What Barack means here is that he got copy from a correspondent who didn’t understand interest rate swaps, and he was trying to make sense out of it.
Comment from Bill Millar
Time: October 30, 2007, 8:17 am
The thing is, I worked next to Barack nearly every day he was at Business International–on many days angling for possession of the best Wang word processing terminal.
Funny thing… A journalism/political science major… Writing about finance… Pretending in his book to be an expert on interest rate swaps.
I remember trying to explain the nuance of these instruments to him in the cramped three Wang terminal space we called the bull pen. In contrast to his his liberal arts background, I had a degree in finance and Wall Street experience, so I knew what I was talking about.
But rather than learn from a City College kid, the Ivy Leaguer just sort of rolled his eyes. Condescendingly. I’ll never forget it. God forbid he leave the impression that a mere editor like myself knew more about something than did Barack.
He was like that…
But know what? I can forgive him for being immature–which is probably all that was at the time. Don’t we all believe we know everything at just around that age?
That said…he was a lot older when he wrote his book. Mature enough by this time to realize that his account of his time at Business International could be described as embellishment…
Posted by Bill's Waste of Air at 7:06 AM 5 comments
Labels: Barack Obama, Charles Krauthammer, Chicago, Dan Armstrong, New York Times
Wednesday, September 10, 2008
Oregon: Blue or Red State?
The question has been posed to me, "isn't Oregon a Blue state?"
My answer was and is, "no". Only 3 or 4 counties are, but the vast majority of Oregon is staunch Republican.
Unfortunately most of those counties are rural, but they count just the same. So, outside of Portland and Eugene, the ENTIRE FREAKING STATE is Republican.
Yes, I know, the POPULATION base is in those counties, but look at the House and Senate. All led by Republicans, so, are we red or blue? You decide.
This has always been a rural, conservative, logging, fishing, hunting, outdoors state, only since the late 1960's when the hippies from San Francisco stumbled north to Eugene and Portland did our politics change and that is shown out by the county by county vote. The old hippies, don't live in the rural areas which is of course very funny and ironic. They come here to "get away from it all and get one with nature" then move to the two biggest cities in the state! Goofs. Same thing happening to Montana, so there is nowhere to escape to now.
Posted by Bill's Waste of Air at 11:42 AM 14 comments
Labels: 2004 Election, County by County, Democrats, Oregon, Republicans
Wednesday, September 3, 2008
Salem-Keizer Volcanoes Win Again!!
Posted by Bill's Waste of Air at 7:52 AM 3 comments
Labels: Minor League Baseball, Northwest League, Salem-Keizer Volcanoes, Tom Treblehorn
Tuesday, September 2, 2008
Ducks 1 - Politics 0 GO DUCKS!!
Ok, so I am getting bored with the politics for the moment as it is FOOTBALL SEASON BABY!!
To start off, The University of Oregon DUCKS blow out the doggies of the University of Washington to get Pac-10 play underway on Saturday and there above is a shot from our seats.
44-10 was not what I predicted, I had thought the UW defense was better than that and had ON THE AIR predicted 35-7 Ducks, so what can I say?
Now, this Friday night the SA Crusaders play Valley Catholic and start their new season under new head coach Robby Robinson and his "veer offense". It should be exciting. Kai is the starting noseguard and will play center on offense and is the back up Quarterback, although coach also uses him at running back and wide receiver. His best friend Skyler is one of the two rotating quarterbacks that coach uses.
His other very good friend Ryan is starting at linebacker. So this is a ton of fun!
Then on Saturday it's Duck football again as the Utah State Aggies visit the House of Pain, Autzen Stadium. Poor little aggies....
Finally, the NATIONAL FOOTBALL LEAGUE gets underway on Thursday night with the full schedule on Sunday.
So, how can one be TOO interested in politics when there is football and baseball (God's chosen sport) still going on with the Dodgers (God's chosen team) still fighting for a pennant?
I LOVE THIS TIME OF YEAR!!!
Posted by Bill's Waste of Air at 3:55 PM 0 comments
Labels: Ducks, Football, NFL, Politics, Salem Academy Crusaders, University of Oregon