America is Doomed: We need to Improve Our Public Schools
This is the worst YouTube clip in existence. Blood will come out of your ears when you listen to this terrible answer from contestant Miss Teen South Carolina. If anyone needs me, I will be moving to Europe.
[youtube]http://www.youtube.com/watch?v=lj3iNxZ8Dww&mode=related&search=[/youtube]
There I was at Wall Township Speedway in exotic New Jersey. A beautiful Saturday morning to race wee little cars, dubbed “Legends.” It was a fun day–except for the fact that I had absolutely the slowest lap in the entire group. These cars can run quarter-mile lap in, oh, about 14 seconds at their fastest. Sadly, I cranked my first set of laps out in 23 seconds. Oh, and that was my best time. But, wait, the engine sounded like the world was coming to an end. Whoops–I was stuck in third. That tell-tale tachometer like we see in Days of Thunder? They exist. I had a 1200cc motorcycle engine up to 1100 RPM. Yeah buddy. My next go ’round, I was in fourth, but jittery after a friend (whose name will remain unmentioned) hit the wall. 29 seconds was my best time.
I’ll stick to running–I may be almost as fast on foot.
Shockwave the Decepticon always had the toughest job–getting the crappiest tasks and being a bad shot means a lot of laughs when Dr. Smoov re-edits them on YouTube. Enjoy.
P.S., if you don’t enjoy, you are clearly not a child of the 80’s.
[youtube]http://www.youtube.com/watch?v=R-ItfWY3xMQ[/youtube]
My friends:
What a wild ride in this past week’s markets. Right after celebrating a 174% gain in CRNT options, I rode CSCO’s 32.5 SEP call into the ground. Dumped them in a jittery panic about the diminishing time value, but hey.
I did buy CRNT again this afternoon following a hectic day. She’s almost at her strike price again!
Disclaimer: Don’t ever trade like me unless you want to lose money. This is for entertainment and educational purposes only!
Odds Improve for Fed Funds Rate Cut
WSJ: “The Federal Reserve’s decision to lower the discount rate and ease the terms of discount borrowing but not to cut its main rate, the fed funds target, suggests that for now it believes the problems in the markets are mostly related to the availability of cash, not the price of cash.”
Readers, what do you think? Have we staved off a recession? Is the worst over, or will this band-aid get soggy and fall off (eew)?
Personally, I think this will allow the cash injections to stabilize the markets over the next month, and provide stability for a basically-flat 4Q. My guess now: A receovered Dow 14200 by Dec 31, providing no major hurricanes, terrorist attacks, or scandals.
http://blogs.wsj.com/economics/2007/08/17/odds-of-fed-funds-rate-cut-increase/
[youtube]http://www.youtube.com/watch?v=GF9S033Fxyk[/youtube]