first grade

Today's homework; first grade, Oct 30.

Next week, we will be electing a new President for our country. What do you think makes a good President? What kind of person should the President be? What kinds of things should he or she believe? What should he or she do in the White House? Think about these questions and write at least five sentences telling what you think a good President would be like.

Roxanne doesn't know what a president of the country is. She cannot form any notion of what would make a good president. Write five sentences? Was first grade this hard when I was six? I sure don't recall that.

Calpers a sign of collapse?

California Public Employees Retirement System, CalPERS is selling stock to meet obligations. Like any hedge fund driving down the market by selling at the lowest price seen in years. This news comes today on Marketwatch and is a really, really bad sign. CalPERS is one of the most important institutional investors in the USA. They pay my retirement benefits.

The Stock Market

The
Stock Market

Due to today's rapidly changing stock
market, the following terms have had to be revised.

This should help investors more clearly understand today's economic condition:

CEO -- Chief Embezzlement Officer.

CFO -- Corporate Fraud Officer.

BULL MARKET -- A random market movement
causing an investor to mistake himself for a financial genius.

BEAR MARKET -- A 6 to 18 month period
when the kids get no allowance the wife gets no jewelry, and the husband gets
no sex.

VALUE INVESTING -- The art of buying low
and selling lower.

P/E RATIO -- The percentage of investors
wetting their pants as the market keeps crashing.

BROKER -- What my broker has made me.

STANDARD & POOR -- Your life in a
nutshell.

STOCK ANALYST -- Idiot who just
downgraded your stock.

STOCK SPLIT -- When your ex-wife and her
lawyer split your assets equally between themselves.

FINANCIAL PLANNER -- A guy whose phone
has been disconnected.

MARKET CORRECTION -- The day after you
buy stocks.

CASH FLOW -- The movement your money
makes as it disappears down the toilet.

YAHOO -- What you yell after selling it
to some poor sucker for $240 per share.

WINDOWS 2000 -- What you jump out of
when you're the sucker who bought Yahoo @ $240 per share.

INSTITUTIONAL INVESTOR -- Last year
investor who's now locked up in a nuthouse.

PROFIT -- An archaic word no longer in
use

Voting on the Debt Debacle!

C-Span live streaming is really, really bogged down. Lots of people watching the vote on the new, more expensive, Debt Dummy buyout bill. The Bailout. I think it is necessary, thought so two weeks ago. We can start lining the suits up against the wall in February. Right now we have to nationalize the banking system. Started to, actually. Sell it back after it is straightened out. This is a Mexican divorce with Amurkans love for Wall Street and gettin the guvamen offa my back.