NEWS NEWS NEWS NEWS NEWS NEWS
05/19/10. With huge continued losses in the first quarter of 2010, Fannie Mae requested an extra $8.4 billion dollars from the U.S. Government. Freddie Mac requested another $10.6 billion dollars from the U.S. Government. These companies represent/hold the majority of mortgage loans in the United States. More to come, stay tune.
05/18/10. Germany's SAP agreed to pay $5.8 billion dollars for Sybase, an American software company that specializes in software for business people to run applications on wireless devices.
05/17/10. Toyota reported a profit of $1. 2 billion dollars for the 1st quarter of 2010. Toyota expects a 48% profit by March 2011. That is when Toyota's fiscal year ends. More to come, stay tune.
05/16/10. Americans that believe that Oil Drilling in the Gulf of Mexico/off U.S. shores is good for America is at a 65% approval rate. United States of America gets 30% of its oil from the Gulf of Mexico. If the United States halt oil production in the Gulf of Mexico, oil prices in this country would Increase 150% or more. What do want to do about oil production in the United States?
05/15/10. An explosion in a coal mine in southern Russia killed at least 66 people. There were fears that the death toll could reach 100. More to come, stay tune.
05/14/10. Currently, British Petroleum has spent $450 million dollars in the clean up of their oil leak in the Gulf of Mexico. More to come, stay tune.
05/13/10. Cuba allows small barber shops and beauty salons to operate as private businesses for the first time since 1968.
05/12/10. Did you know that out of every 100,000 people in the United States, 11 commit suicide.
05/11/10. Illinois Govenor is still pushing for a 4% increase in a payroll taxes for everyone who works in Illinois. Plus an additional 1% tax on your earnings for Community Colleges and lower education schools in Illinois. More to come, stay tune.
05/10/10. The European Union has agreed over the weekend to assist Greece with about $38 billion dollars. The Greek Market up 11% this morning. More to come, stay tune.
05/10/10. In the Chicagoland area, Regular grade gasoline on average is $3.22 per gallon.
05/10/10. China's GDP surged by 11.9% in the first quarter of 2010 compared to the first quarter of 2009. More to come, stay tune.
05/09/10. HAPPY MOTHERS DAY! Stay at Home Mothers on average work about 99 hours per week in their homes. That comes out to about $118,000 per year if stay at home moms did get paid for the work they do at home.
05/08/10. Fannie Mae posted a $8 Billion Dollar loss that the U.S. Tax Payer will have to pay. So far, Fannie Mae and Freddie Mac have lost $126.9 billion dollars. More to come, stay tune.
05/08/10. In the United States, by the Year, 2016, the new law requiring all Americans to buy Health Insurance have been estimated/will cost the American Middle Class about $4 billion dollars in Fines. The new law states if you don't have Health Insurance, you will get a fine from the U.S. Government. More to come, stay tune.
05/07/10. Pay Roll Taxes in the United States account for about 42.5% of all taxes collected.
05/07/10. The Official Unemployment Rate in the United States is 9.9%. It was 9.7%. More to come, stay tune.
05/06/10. Former Congressman, Bill Lapinski who is the father of the current Illinois Congressman Dan Lapinski, told a radio talk show host in the Chicago area that he proposes that all Illegal immigrants in the United States be pushed/leave the country and go back to their place of birth, then placed in the back of the line to re-enter the United States. No matter their status or obligations in the United States. Bill Lapinski did not address the children of the people he wants to kick out of the United States. He blamed President Reagan for todays immigration problem. President Reagan gave undocumented immigrants a way for documentation in the 1980's. By the way, when Bill Lapinski decided to retire from the United States Congress, he vacated his congressional seat so that his son could take over it. His son began his career as a Congressman without any election. He was appointed by his father. Bill Lapinski is a consultant to Dan Lapinski. More to come, stay tune.
05/05/10. HAPPY CINCO de MAYO.
05/05/10. The Professional Basketball team, Phoenix Suns to wear a new jersey that reads "Los Suns". This is an example of solidarity with the Latino Community in Arizona and The United States.
05/05/10. European Union to bail out Greece with 110 Billion Euros. This will only assist Greece for up to two years. Then the problems of huge Public Pensions will begin again. Greece economy expects to drop by 8%.
05/04/10. Did you know that the Baseball team, Chicago White Sox gets from the Cook County, Illinois Tax Payers a $5 MILLION DOLLAR Tax Subsidy per year.
05/03/10. 19 Conventions in Phoenix, Arizona have cancelled in protest to Arizona's Anti Immigration Bill #1070. This Bill was passed on April 23rd, 2010. More to come, stay tune.
05/02/10. President Obama to visit the scene where 5,000 and up to 15,000 barrels of oil is leaking into the Gulf of Mexico. April 24th is when the leak started. Institute Burning and Skimming of Surface Oil started on April 28th. Questions have risen why the delay? The oil Slick to hit the Wet Lands this week. Containment can take up to 90 days to stop the oil leak. The Coast Guard, British Petroleum and World Resources are in place working around the clock to stop the oil leak. A few days before this current oil leak, President Obama reinforced how safe oil drilling off the Gulf of Mexico is. The President pushed the increase of Off Shore Drilling a few days before the explosion of this oil drilling platform off the Gulf of Mexico. Oil prices are up/increased this week. More to come, stay tune.
05/02/10. A vehicle, SUV parked in the heart of Times Square, in New York City was found full of propane gas tanks. The vehicle and the propane tanks have been contained. No danger from this vehicle made into a bomb. Currently no group or person has been linked to this home made vehicle bomb. No one has been injured from this find. The Federal Government and New York State Law Enforcement are investigating this current bomb threat. More to come, stay tune.
05/01/10. Immigrants and Citizens of The United States will protest the unfair status of undocumented people living in the United States. The continued lack of both political parties not addressing the Status of Undocumented people living in the United States HAVE developed Unfair and Unamerican laws around the country. These protests will occur around the country today. More to come, stay tune.
05/01/10. World Expo opens today in Shanghai, China.
05/01/10. The profits of China's big industrial companies were 120% higher in January and February 2010 than in the first two months of 2009. Their steel and oil exploration companies are to rebound from the financial crisis very soon. More to come, stay tune.
05/01/10. California, U.S.A. has $550 billion dollars in unfunded Pension debt. A huge financial mess. Did you know that a California State Trooper retires on 90% of their last year on the job salary. Usually that is over $90,000 per year for one retired California State Trooper. Think about the tax payer money being wasted. More to come, stay tune.
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