A Typical Wall St High Flyer

People on Wall St., and even in the companies that service them don't want to face that the bubble is (nearly) over. Take Beatrice, a successful woman who runs a temp services company:

When I had Howard write a sketch autobiography for me, I didn't know what to expect. It was for an article for the newsletter of AARP, of anecdotes about interesting and usually successful people. For him it wasn't a particularly high paying job, and about 1000 words long.
I have to admit, I have been quite successful. Not too many girls go from being a single mother, in the slums of Brooklyn, to owning and operating a multi-million dollar a year Secretarial and Office Skills Agency in Downtown Manhattan. And look at my huge apartment today. I have a ballroom fit for a queen, and who would imagine that I can dance like I do. I could see the incredulity on Howard's face when my dance instructor came over and he and I proceeded to dance. Oh yes, I love Mozart and Beethoven, and Strauss Waltzes, but what I can really sink my teeth into is a good tango. If I would have remembered to buy a rose, I could have literally ended with it clinched between my teeth, as I did the last dance dip.
Howard is not a bad operative, but I really don't understand him at all. When he starts babbling about politics or related stuff, I could just slap him.
Anyway, it was nice to meet him at one of my little luncheons for my friends and employees. Lunches with my workers are highly amusing. And, by keeping on friendly terms with the employees, more of the good ones can remain on my payroll.
I know that my business is beginning to run down, and I have to take some measures to rev it up again, but by September, when I hire a new salesperson, things should start moving, and the fun has just begun!!!

Does Hillary Clinton Got What it Takes?

We have to find someone with guts to stop the fall into the Malstrom. With the real estate and leveraged buyout markets on the knife edge, we may be running out of time.I had a conversation with an old woman, of at least 80-years old, about whether it was worthwhile to continue to be political. She complained that no one actually cared what the Bush administration did, that she DID care to a large extent, but there was really nothing you could do about it. That was why, what my friends were talking about was a totally ridiculous idea, and why bother to do anything about the situation, why bother to invest any money in it. She explained that she was a poor person, and that no one care what she said or thought.
I thought this was slightly ironic in that Estelle, a widow, lived a rather comfortable existence in a quiet haven of luxury amid the urban jungle. She in her usual resentful and humorous way would refer to the same as, "a dump in Riverdale (Bronx, NY)".
That may be the case, yet I personally would stick with the first description. I answered her that at the time of the U.S. Constitution, that might have seemed to be a somewhat ridiculous document. But, Estelle asked, "it talks about life, liberty and the pursuit of happiness. What hapiness is it to me whether anything changes with these bums in Washington". On the other hand, " I could try to change something, and see if it actually made me happy. If it does, perhaps I'll like it, and try to do it again..."
Now we have to get Hillary Clinton to think that way about demanding the impeachment or ouster of Dick Cheney, Bush's controller, now.

Forget about Global Warming, It's a Financial Frost

Yes, folks, the financial frost has hit. Reading the financial press, it is obviously something big going on. Chrysler buyout has frozen up. Alliance Boots is scoffed in the UK. Schweppes has been schwiped. Remember some of the big guys like to have a big crash every 20 years or so. True we have had some mega crashes already, like the fall of the Y2K bubble, but something much bigger seems in the air.

Unlike the idiocy in the Yahoo Finance, or the evening news, different financial events ARE actually connected. And that is not a conspiracy theory, it is just the way life is.

First, the housing market, especially in places like Florida and San Francisco, Cal. went kerplunk, as much as one-third down. Then the mortgages that were sold bundled together as MBS (Mortgage Backed Securities) went down, starting with the subprime stuff. Then the hedge funds, like those of Bear Stearns collapsed, that were heavily invested in the MBS, collapsed to nothing. Then the CDO (Collateralized Debt Obligations) began to collapse, since these are, apparently, a form of insurance for some of the other stuff. And now, da da, the same banks financing the hedge funds are running out of money and credit for the bit LBO deals (Leveraged Buyout. What a small world.

Virtual Offices- What's It All About?

Are you starting your own business and need to save cash? Do you want to avoid committing yourself to large rental and start-up expenses for an office? In Memphis, Tennessee?



By using Memphis Executive Suites, you can decide how much office space you need, and not be saddled with huge startup costs. But, what if you want to run your business from your home and through cyberspace? You can still have the advantage of having an official looking mailing address, and other services which project the image of a real office, including conference rooms to meet clients. Your Virtual Office can be run from the same places that maintain Executive Suite arrangements, so you can shift to a real-world office on short notice.



Your mail is received and picked up from an official looking downtown address. Your phone calls are answered by a receptionist, and upon your instructions either forwarded to you, or basic caller information is emailed or text-messaged to you. You have the option to rent a conference room, or the included option to use one several times a month when you need to meet clients. This has become very attractive to the new home-business and internet business wave. The Web 2.0 is now hitting the entrepreneurs of America.



The virtual company is the company with no office to commute to. These companies give new opportunities to entrepreneurs to get started. But a virtual business also gives you the opportunity to avoid wasting hours in commuting to work and have more time for personal use to be with your family. Internet and communication technology has leveled the playing field. Someone who doesn't have a lot of resources can create a Web site that looks professional. Retail businesses can be virtual-business, either working through eBay or Amazon.com, which handles inventory and shipping needs, and then pays you for fulfilled orders.



Some computer-related companies encouraged people to telecommute. Of course, many people working this way have realized that they could also just start their own business with a virtual office. You can have your phone calls screened by a receptionist. Alternatively, you can have calls answered, with notes about the call for follow-up emailed or text-messaged to your cell phone or blackberry. The benefit of working this way is flexibility, efficiency, and little overhead. Many days such entrepreneurs are involved with instant messaging, text-messaging and emails with clients. You can use Skype for free calls around the world through the Internet, PC to PC. For many younger people who have grown up in using chat rooms and blogging it is not weird to work with people you rarely see. For some people, virtual companies present a lifestyle where their work day is mixed with their personal and family life in a pleasant stream of consciousness. Learning to do this properly can be tricky. By working with an office center that can monitor your calls when you are not available for business makes this so much easier. The Executive Suite center also has rentable office space with full technology and administrative back-up, so you have the option to switch to an office-based business if your business starts to outgrow your living room. Alternatively, you can use conference rooms and possibly a desk cubicle if you want to maintain a minimal “on the ground presence”. Executive Suites are pretty cool.

More Executive Suite Links- How Sweet it Is!!

If you would like to read some of my articles on Executive Suites and virtual offices, the links are below:

1. Executive Suites and Easy Business Start-ups in Memphis
Executive Suites 1
Executive Link 2
Executive Link 3
Executive Link 4

2. Executive Suites Can Help Your Memphis Business
Memphis Executive 1
Memphis Executive 2

3, Your Changing Career in Memphis
Memphis Virtual Office 1
Memphis Virtual Office 2

Other links are: to real crash and to
real estate crash now and
green debate.

This may not be a very exciting post, but part of my job is to build links for various business. If you want me to build some links for your business, drop me an email or a comment.

At a Funeral...

My Uncle’s Funeral
By Howie Copywriter

I ended up going to the funeral of my uncle, John Doe. John actually is my aunt's second husband, and not the father of my three cousins. He seems to have been a nice guy, though my recollection of him is more as a phantom, then someone concrete. Oddly enough, I remember his son more (from his first marriage). That is probably because his son Steven was at the funeral and alive to remind me of him. Perhaps I saw Uncle John dancing at some parties, or smiling in a family photograph. Too bad, you don’t get to be at your own funeral, at least consciously.

The funeral was at a large cemetery in New Jersey, with a neo-classical domed building in the center, which vaguely reminded me of an airport lounge. You take off, but you don’t come back. This was the mausoleum, where families had a service for their departed loved ones, and then the departed was quickly put into one of the hundreds of compartments along the wall. To me it was a new practice. I'm used to having a big service in a funeral home and then making a long trek to a cemetery, where a 6-foot hole is dug and there is a sensuous feeling of digging the earth, and putting the body in the ground. We go from ashes to ashes and dust to dust. But in this place, after our service, another group of mourners could be ushered in under the dome to have another burial.

The service was brief, with the high point being the eulogy by John's son Steven. He told the story of John's early life. John had been born in Poland and after the initial attack on Poland during World War II, he and his mother and father ended up in Siberia someplace, like unwanted nomads. John was sent to an orphanage in the city of Tehran by his parents, who wanted to have him escape their desperate conditions. Later his father and mother also escaped to Tehran, in Iran. His father soon after died and it took years for his mother, Elsa, to find John in the orphanage, where he was under an assumed name. Later Elsa and her son John moved to America, where she found a job as a bookkeeper in a small business in New York City. Elsa and John were comfortable, except for the fact that her boss Stanley was very temperamental, always yelling at Elsa and giving her a hard time. Once, after a long day, Elsa asked Stanley, “Why do you yell at me, and make my life miserable”? “Because I love you”, was the answer. Soon after they married, and that is how John, who was adopted by his new father, got the last name Doe. When John was in the US Armed Forces in the early 1950s, he wasn’t even a citizen yet.

Later, John went on to become a legendary successful businessman and a leading player in the department store business. He and my aunt retired to a posh resort in Southern California. And yet, when my aunt came back East, with the body of her husband, there seems to be something missing. There were only about 35 mourners, small for such an illustrious businessman. This happens when you retire, people forget about you so fast.
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Crowd Pleasing Bronx Dominican Day Parade

Sunday July 22nd was the day of the Great Dominican Day Parade of the Bronx, which marched down the Grand Concourse from E 184th St down to E 166th St, in front of over 1 million spectators. There was live TV transmission on Bronx Net and Channel 74 NYC and other Spanish TV stations here and throughout the Americas.

Of the many loud and colorful parades, this is probably the loudest and wildest in New York. Young people waved Dominican flags and strained to cheer on and watch the different musical, commercial and political floats celebrating Dominican culture and the Dominican Republic. There were lots of people dancing in the street and in the buildings on the Grand Concourse waving flags out their windows, watching the parade. There were people out of all races and ages, but especially young people.

There used to be only a Dominican parade in Manhattan, but now, for the 18th year there is a regular parade in the Bronx. Due to heavy immigration since the 1970s and 1980s, the Bronx has become the borough with the largest Dominican population. Dominicans represent 26-percent of the Bronx Hispanic population, and are the second largest Hispanic group, over 200,000 people, after Puerto Ricans.

Stars out on the street included Bachata singer Andy Andy on the Daily News float, and other merengue performers including Joseíto Mateo, Los Toros Band, Mala Fe and José Peña. There were floats representing businesses and different political parties, which are very important due to the large number of Dominicans who cast votes in their homeland, who live here in New York. Floats included singers, orchestras and the Diablos Veganos (the Vegano Devils), people in carnival costumes. The beauty queens had their own float. Ms. Fransheila Ortega, from the Province of Moca, aged 15 was the Duartiana Queen. Cristabel Diaz, aged 17, of Santiago Province was the Queen of the Parade.

There was a dance troupe from Santiago, the second largest city in the Dominican Republic. Among the floats you could see were: Mega 97.9 FM, “El Vacilon de la Manana” (Teaser of the Morning) Program, El Aguila Restaurant, other floats with live meringue music and dancing girls, Well Care of New York, Inc., Cibao Meat Products, Coca Cola, Vitarroz, Miguel Vargas, P.R.D. politician, and Aristy Amable “Presidente de los Pobres” (Poor People’s President).

Adults and children were dressed up in costumes as devils and other mythical creatures, from the Carnival annually celebrated in the Dominican Republic. The Honorary Grand Marshall of the Parade was Michael Max Knobbe, ex-director of Bronx Net, the cable TV station. The directors of the parade were Felipe Febles and Rosa Ayala. Mr. Febles was the founder of the parade in 1989, after working on the Manhattan Dominican Parade. His organization has also created the Dominican Cultural House of the Bronx, and is involved in student scholarships and sports activities. They also participate in humanitarian activities in the Dominican Republic. For more information, please see, http://www.paradadominicanadelbronx.org/.
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Crash is Getting Ugly

The post-Hedge Fund collapse, of Bear Stearns, etc, some things like CDOs are hitting 41-cents on the dollar. Sounds like a good deal, but what if you paid the dollar, and now the thing is only worth 41 cents!!! This is why the "hesitation" is hitting the leverage buyout deals like those of Cerebrus and so on. It's the thick ketchup that is getting really "slow good".

The London Financial Times reports (July 24 2007) that the basic index of European corporations' high-yield bonds (i.e., "junk bonds," now a very large fraction of the total corporate bond market) has deteriorated by 100 points in a week, and is now close to its level when both Ford Motor and GM were downgraded to junk in May 2005. That $300 billion worth of collapsing debt caused a deep shock throughout corporate debt markets at that time; but now the debt deterioration is much more widespread, the Financial Times reported.

The index measures the cost of insuring a 10 million euro bond against default; it has leaped up from 250,000 to 350,000 euro in the past week. If it goes over 400,000, credit market experts fear a sudden slide to 500,000 and a "domino effect via forced unwinding" where everybody wants to sell their junk bonds at once. This is why so many corporate takeovers which were "done deals" have been postponed or are coming undone in the financing stages, including some of the largest takeovers by KKR, Blackstone, Cerberus, etc.

The other key index, which tracks the value of high-interest Collaterized Debt Obligations (CDOs) or mixed bonds based on mortgage loans, is falling even further. It has reached a level of 41 cents on the dollar of face value of the debt, from 97 cents only six months ago.

Fun in the Bronx- Car Free Sundays on the Concourse

With lots of fun events in the Bronx, maybe they can get the real estate boom going there too.

Bronx Borough President Adolfo Carrion Jr., is sponsoring Car-free Sundays on the Grand Concourse. The first Car-free Sunday was enjoyed by children and their parents on July 15th, and will happen again Aug 12, September 16th, and tentatively October 7th, from 12 pm to 4 pm, between 170th Street & Mt. Eden Avenue (rain or shine), with free admission. Then on October 21st will be the Tour de Bronx bicycle ride, the city’s largest free bike marathon.

A Play Mobile was out on the Concourse play area, brought there by the City of NY Parks and Recreation Dep’t. One of the NY Parks officials there, Ms. Rosemarie Madrid, described some of the activities for kids on these Sundays on the Concourse. She showed me the kids playing on a sort of hopscotch board that was electronically connected to a video screen that kept track if they won or lost the game. About 50-75 children were out, many with their parents, from ages 2 to 15. Some of the older children were playing chess and checkers. There was a Baggo Bag Toss Game and Knock-Hockey out to play with too. Power walks are scheduled to be led by Health People, Inc. in the future. There is also going to be dance workshops instructed by Contemporary Ballet Theatre, and roller skating and other kids’ activities, and free health screenings.

The Transportation Alternatives Organization was out this Sunday as well. Trans-Alt promotes the use of bicycles for transportation and is also sponsoring the NYC Century Bike Tour. They are a non-profit organization, with their website, www.transalt.org . I spoke with a staff member, a young man named Wiley Norvell, the Volunteer Coordinator for the Transportation Alternatives Organization, who was happy to be outside. He was concerned that these car-free Sundays have not been happening since the late 1990s and that there are not enough parks in the neighborhood. As we spoke, he was fixing kids bicycles and pumping up their tires. For more information, see www.ilovethebronx.com or call (718)590-3989.
.
Then there is an upcoming event, the 2007 Tour de Bronx, New York's Largest Free Cycling Event. It’s the 13th Annual Free Event Sponsored by Transportation Alternatives and The Bronx Borough President, Sunday, October 21st, starting in the morning, with a rain date of October 28th. This year the 25-mile route will take riders onto the Sheridan Expressway, which will be closed for the Tour de Bronx. And the Tour De Bronx is free, with lunch & power snacks provided by TransAlt. There will also be a Tour de Bronx Festival & Jazz Concert. To register over the phone or for more info, call Rich Gans at 718-792-2138 or register online at www.TourdeBronx.org . There will be feeder routes coming from Riverdale and from the Botanical Gardens, meeting at the Bronx County building, at 161st and Grand Concourse. Riders can choose from the fast pace 40-mile route, or the more leisurely paced 25-mile route. Free helmets will be given out to the first 150 kids (13 and under) to check in at the registration sites.
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Real Estate Collapse--- From the Bronx on Down: My Links to the Latest Hot CopyWriting

Real Estate Collapse--- From the Bronx on Down: My Links to the Latest Hot CopyWriting

Subway Days and Nights in New York

Subways- Days and Nights
By Howard Giske

“Will you move over”, you could saaaay excuse me” she said in a vaguely threatening tone. I felt a large hand squeeze on top of mine. The heat and sweat from the mitt oozed onto the back of my hand, in the midst of the crowd, only lessened by the blast of air from the icy refrigerator overhead. It’s just a big 30ish guy grabbing the riding pole.

It makes me wish that I had become a big- CEO and had a chauffeur drive me everywhere. Other days, after rush hour, riding the subway is like sitting in someone’s living room, or a train dining car, with lots to see and listen to. After rush hour, a group of four young men and a young woman get on. They all seemed to be Puerto Rican in appearance, speaking English with a New York accent. The men had short hair, and all were well groomed. The woman was dressed in a creamy white blouse and well-fitting dark pants. As the group bantered about their daily activities, it was the loose sort of loud conversation of men bragging about their exploits, slightly restrained by the knowing eyes of the woman. Several of the men had razor short crew-cuts that made me think they were in business or in the military. Being in the subway isn’t so bad, it can be an experience to see people relaxing and talking.

Then, one day, I entered the subway from downtown at 4am. An odor of garbage or of putrefying fish hit me. She was wrapped up in a heavy brown coat, although it was the late spring. Yellow brownish streaks in the front of her coat seemed to be an advertising sign for adversity. She was about 70 years old or more and she was trying to get some sleep. Her companion, quite possibly her daughter, seemed OK from the waist up, but I saw the lobster claws sticking out from the cheap torn rubber sandals. You had a sense that the pair’s destination was none other than eternity.

I moved to the other end of the car and saw some rather dirty young men. They gyrated in their seats from an unknown beat, vaguely dancing. Small white seashells in their ears with silver threads took them on a voyage to an unknown country.

I closed my eyes, drinking in the steady beat of the rolling train, the low thunder exploding every instant. I drifted off for some time, then, thought I smelled something. I looked down and saw a small river slowly rolling underneath, carving out small bits of new territory to its wet empire.

I looked over in the corner at a young man, holding his head between his knees. The white youth had reddish unruly hair, and wore a green tee shirt, with the emblem of an unknown rock band. As he took another spasm that rolled through his chest and to his throat, he heaved more sour juice on the floor, creating a pooling river bed. Directly across from me, a 40-ish man in a business jacket gave me a knowing look and a smirk, which I answered in kind. What can you expect at 4am on a Saturday night?
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My Links to the Latest Hot CopyWriting

1. Executive Suites and Easy Business Start-ups in Memphis

2. Executive Suites Can Help Your Memphis Business

3. Your Changing Career in Memphis


4.Los Angeles


5.Memphis, Tn

6.Milwaukee, Wi


7. Modesto, Ca

8. Norfolk, Va


9. Jacksonville, Fla.

10.Long Beach, Ca.


12.Kansas City, Mo.

13. Las Vegas, Nv.

Bear Stearns is Beat

July 18, 2007 New York Post, etc. --In a still-breaking development, Bear Stearns bank notified investors late on July 17 that the assets in its two leveraged hedge funds, nominally worth about $9 billion a month ago, are effectively worthless, shocking the dollar into a renewed fall and threatening the wipeout of hundreds of billions of dollars worth of mortgage-based securities (MBS) and derivatives like those held by these two hedge funds. The dollar fell to historic lows of $2.05 against the British pound, $1.39 to the euro, and a still-more rapid chaotic fall might be triggered after Fed Chairman Ben Bernanke's Congressional testimony today and tomorrow. "Its almost as if there's some risk aversion developing against the dollar," a Bank of America executive warned to Reuters news service.

The Bear Stearns announcement means that what was considered very bad news for international credit markets three weeks ago--that MBS and related derivatives which the Bear Stearns funds creditors were trying to sell, were worth only 30-50 cents on the dollar--would have to be considered the "good old days" as of now. Bear Stearns said that "during June, the funds experienced significant declines in the value of their assets, resulting in losses of net asset value"; that there is "effectively no value left" in the so-called Enhanced Fund, and "very little value left" in the so-called High Grade fund which it tried to bail out with $1.5 billion of its own capital in late June.

Bear Stearns called this a difficult development for investors, in a whopper of an understatement which could quickly start applying not just to its investors, but to investors in the entire several trillion-dollar mortgage-based CDO market, and then the $6 trillion market in MBS based on U.S. residential mortgages. The loss of value implicitly applies to any of the securities in those markets which hedge funds, banks, or other holders try to sell--or even without trying such sales. The threatened losses on credit markets are in the hundreds of billions.

The New York Post on July 18 cited three hedge fund managers reporting that in the last week, large investment banks like Lehman Brothers, Merrill Lynch and Bear Stearns have ended the "leverage party" for MBS investments, whereby hedge funds borrowed up to 15:1 of the capital they used to buy MBS. Leverage is down to 5:1, at maximum. A partner of an $850 million mortgage arbitrage fund said he received a "margin call" or "repo" demand for almost $50 million of additional collateral within 48 hours from Lehman and Bear Stearns early last week. The result: forced sales of other assets, and more losses.

Real Estate Woes this July

Bloomberg.com (July 12th)reported a statement today by RealtyTrac (which sells foreclosure data), that mortgage foreclosures rose 87% in June, over the number for June 2006, and that foreclosures for the first half of 2007 are 56% higher than the figures for that period in 2006. Total numbers of disclosures were highest in California, Florida, Ohio, and Michigan.

In terms of rate of foreclosures, Nevada had the highest in June, with one filing for every 175 households, four times the national average of one for every 704 households. Following Nevada were California (1 per 315), Colorado (1 per 317), Florida (1 per 347), Arizona (1 per 383), Ohio (1 per 403), and Michigan (1 per 420). RealtyTrac further reports that 58% of properties that are in the disclosure process are linked to borrowers with sub-prime loans, and that they expect U.S. foreclosures to reach 1.8 million by the end of the year.

Meanwhile, Bloomberg reports, the National Association of Realtors said that the supply of unsold homes hit a record 4.43 million in May. In a press release yesterday, the NAR said that home prices will drop by 1.4% this year, and housing starts will drop in 2008 due to higher mortgage rates and a glut of properties available. NAR also projected 865,000 new-home sales this year and 878,000 in 2008, compared to 1.05 million in 2006.

Let's Talk About Real Estate

I wish I could get some better adsense ads for real estate. Anyone know how? Yes the Florida condo market is collapsing, but that doesn't mean we can't continue to sell a couple of them just for fun. And the real estate on the Jersey Shore is not going to be wiped out by a tsunami, when the Greenland Ice overland, slides into the water like an overflowing North Atlantic Martini. So, buy some. Yes the prices are inflated but who cares. Buy a Florida condo now!!!

With the Alaska Bering Strait tunnel coming soon, to Siberia, the real estate in Alaska itself is bound to get a lot more expensive fast. So cheer up, and get me some nice real estate adsense ads.

Get My Links Up to Technorati and my Blogs

It seems difficult to get up all my links. Why do I want all these links to all my other blogs? Because the real estate crash is continuing and as many people as possible need to know about it.

Real Estate and Global Warming

The Russian Dep Foreign minister commented that there might be a lot more damage to real estate and everything else, if people continuing to go cock-eyed about global warming- to the UN ECOSOS in Geneva.

July 12th, Interfax- "A new global agreement on joint action may be drafted under the United Nations' aegis before the end of 2009 with the participation of not only developed countries but also key emitters of greenhouse gases in developing states."

"...We believe that there is no reason to submit to panic and to apocalyptic scenarios of the effects of climate change. We see such changes in a long-term context that rules out emergency measures and tight restrictions on emissions of greenhouse gases that would run against the interests of economic growth and development," Yakovenko said.

"The shaping of responsible long-term approaches to climate change should not amount to hasty selective actions that may ultimately inflict much greater damage on the economy and environment than the national cataclysms that are forecast."

So the Greenland ice field is not going to slide off next year, and make a Giant Northern Atlantic Martini, drowning all the condos in Florida?

You Want Me to Pay Taxes? Get Out of Here!

The billionares on the hedge fund and private equity circuit are outraged. Are they going actually have to pay 35% taxes, as income taxes, or will they continue to get away with murder. By the way, the REITs Real Estate investment trusts, should also be taxed as income. Here some junk from the NY Times

Henry R. Kravis, the billionaire founder of the corporate buyout movement, has been involved in hectic lobbying on Capitol Hill, hoping to kill legislation that would raise his taxes and those of other investment fund executives.

The buyout titan met two weeks ago with Representative Sander M. Levin - a senior Democrat who is proposing to more than double the amount of tax that the industry now pays - and mustered his best arguments. Kravis said that firms like Kohlberg Kravis Roberts play a central role in the US economy, citing the example of how his firm had produced many jobs in Levin’s home state when it turned around a troubled electricity company in Michigan. He asserted that an increase in tax rates would harm American competitiveness abroad.

In recent weeks, lawmakers have had visits from industry leaders including Blackstone chief Stephen A. Schwartzman and David M. Rubenstein, a senior executive and co-founder of the Carlyle Group.

Real Estate Prospects in Siberia and Alaska

If the deal that President Putin offers is taken, it could mean a lot more than "peace in our time". It could mean the development of Alaska and Siberia around rail projects linking the hinterlands of Russia and Alaska, through the Bering Straits tunnel. Then we could have a real estate bubble in a good sense, in creating towns and mines and development prospects out of nowhere, with infrastructure development.
Of course, that may not save your real estate investments in Coastal Florida, or the Carbon futures market around the so-called man-made greenhouse effect.

The invitation to President Putin for the meeting in Kennebunkport was offered
already on April 25, when former U.S. Presidents Bush Sr. and Clinton participated in Moscow at the funeral of Boris Yeltsin, and in this context conducted intense discussions with Putin.

Exactly in this timeframe there also occurred the dialogue between Lyndon LaRouche and leading Russian scientists on the realization of the Bering Strait Tunnel as a conscious war avoidance strategy. The conference on this great project, that forsees, a nearly 100 km long tunnel under the sea, as well as 6000 km long rail connection between Siberia and Alaska, occurred on April 24, and at the same time, Putin led intensive discussions on it in his cabinet. Several days later, on April
27, Putin called for the creation of a new "strategic working
group" with the title: "USA-Russia, a Look into the Future,"
whose members included, among others, Henry Kissinger and
ex-Prime Minister Yevgeni Primakov.

The Real Estate of Greenland Not Opening Up

There seems to have been a report from the Global Warming folks, that in about 20-50 years, the Southern Greenland Ice Mountain was going to slide off into the sea. It doesn't seem that this is going to happen, by latest reports. So all that Southern Greenland real estate will not open up. And there will not be a flood of 20-feet hitting all the coastal real estate, at least not in Florida.

A Greenland Martini on ice, wouldn't it be nice. That is when the whole Southern Greenland ice mountain sloshes off into the sea and causes sea levels to go up 20 feet. What a nightmarish, fantastic vision. Except, it's not happening. Bopping Greenies, before you go off to your Green Genocide Baby! concert, read this.

One other correction. The Global Warming thesis is not the brainchild of Al Gore, anymore than the Internet was. He is just the poster boy and a leading hedge fund, carbon money crunching operative. Global Warming is the re-implementation by the Anglo-Dutch oligarchy of the genocidal Nazi race science of Hitler, Goering, Goebbels, et al, and their friends like New York's Averell Harriman of the Museum of (Un) Natural History, which had the 1934 Conference on Racial Eugenics. It is a series of excuses and ever-changing directives to starve to death and otherwise eliminate 5 billion people, while impoverishing 90-percent of the populations of the advanced sector, Europe, N. America, Australia, etc.

Actually, this post has gone so long, that I will post the evidence of "No Greenland Martini" on the next post.

There are some Good Blogs- even on Economics

I got turned on by www.angrybear.blogspot.com . It seemed a refreshing blog. Not my stuff, but still stuff I could respond to. With the real estate bubble poppoing , and Bear Stearns having their hedge funds crash, it's like, apres moi, le deluge? You know what I mean? Like, were the real men in Black the BAE (British Aerospace )guys? I mean $2 billion in bribes to prince Banda-thieves of Saudi fame is bad enough, but a $200 billion slush fund?

Has anyone out in Blog land wondered, if somehow this "Free enterprise, globalization deal" got out of control, could anyone actually "buy" the planet?

After all, with $200-billion in cash with the "Men in Black", over 20 years if they have inside deals with people in New York, Chicago and London, they could multiply that many times over. If some governments like Iran, or Russia or China don't want to kowtow to the cash, why not just nuke em.

If nationalistic Americans don't want to do it, why not have a nice little 9-11 mega-terr disaster? Then they will get along and go along. Think about it.

Can't Bear it No More-- Hotel Reservations?

Yes, it is going to be a mess. The real estate collapse in the subprime market has now hit the hedge funds. Bear Stearns hedge fund will hit everything, and the collapse will get ugly, when the CDOs (Collateralized Debt Obligations) blow. Which may mean it is time to go on a good vacations.

What would make a vacation more beautiful than Hotel Discounts? Not much I guess. This website I was looking at, hotelreservations.com, it really has a nice organization. You hit the little ads on the side bars, and they look like the usual google adsense nonsense, but they take to a more specified part of the site. Say, after you look at the opening page hoopla for a while, next you look at what you like. In my case that was bed and breakfasts. Low and behold you hit the button, and you get a list of cities in which to get reservations for a bed and breakfast. Would you like to go to a bed-n-breakfast in Anaheim, California, you got it! Or how about Belmar, NJ, on the Jersey shore, which is actually more appealing. It is only $129. One room for two (consenting) adults, per night, not bad.

And then the site has these little sidebars answering all your little questions. Like what is the "special internet rate"? Well, the answer is that it is the rate that saves you a lot of money. Then they have a question, "What do the stars mean"? That's very important, because I knew that five stars was the best, but then I thought that one star was "chookah". But, no, not at all. One star means a smaller, often more personable hotel, which may not be a Las Vegas style showplace, but could be a perfectly good place to stay.

Also, you have to see the site for yourself, but they do promise Hotel Discounts. They also have condo rentals, if you want to go on a nice long vacation. And you will definitely have to check out the Hotel Reservations "Club"... sounds neat. Discount club membership. In case you are on the Bear Stearns hedge fund management, and you have a sudden need to travel....like around the world!

Time of the Financial Vultures

It's the time of the vultures.... when the blood runs hot. The hedge fund Bushies have no culture, and they don't care if you rot....The Carlyle group.... Chiseling the Seniors....Tell you why- they really need the cash! It's the time of the season for scandal....!

And of course there are Bush family connections...These vultures and creeps have no business taking over Manor Health, to chisel senior citizens. Acording to the financial press of July 3rd, Manor which has more than 500 nursing homes and rehabilitation centers, assisted living facilities, outpatient rehabilitation clinics and hospice and home care agencies announced that it has accepted the Carlyle take over bid.

It seems that the continued existence of Manor's clients is an obstacle, because part of the prime buy-out booty is the owned real estate that the nursing homes sit on. The Carlyle group is literally borrowing against the property to steal the company and the loot.

Fortune online, describes it as an all cash transaction valued at about 6.3 billion. According to Fortune, the acquisition will be financed through a combination of commercial mortgage-backed securities, other debt financing and equity provided by Carlyle. Manor's financial advisor is JP Morgan.

According to the Wall Street Journal account, the latest in a series of nursing-home transactions, was driven by its attractive real estate portfolio; since Manor owns, rather than leases most of its 500 facilities in 30 states, clearly indicating Manor's prime looting potential. The deal, the Journal reports, involves borrowing against the property to finance the buyout. The Journal reports that another aspect that makes Manor an "attractive" acquisition is that about 73% of its revenue comes from "higher-paying Medicare and private-pay patients, compared with as little as 53% at some competitors". See June 29th article "BAE, Baroness Symons In Black Operations Against LaRouche" on the LaRouche Pac website for the Bush Family Carlyle Group connections to the unfolding BAE scandal.

I signed up for Pay for Post

I signed up for pay for post, and I think it was a good move. Anytime you promote anything, or talk about any real estate deal, you are helping somebody. There are so many products to talk about in our modern world, and you can make money blogging while you do it. So that is generally a good deal. I may have to get a not blogger blog soon, since many of their advertisers do not accept blogger blogs. It is certainly something to think about. I don't think they have many real estate advertisers, but there are alot of movies and that kind of stuff. I'll try it for a while and let my real estate crash now friends find out how it goes. so why not make money blogging? That's at make money blogging