Here's the basic text:
Ten days until Christmas, dear readers! Ho ho ho!
Five days to Hanukah! Mazel Tov!
Eleven days to Kwanzaa!
Boy - the holidays are coming fast and furious, aren't they?
Please go to this YouTube link - The One Hundred Million Dollar Penny - the video is 6 and a half minutes, and it explains very clearly what has happened to the American economy.
Special thanks go to Presidential candidate Ron Paul, who called for the audit of the Federal Reserve, and to Karen Kwiatkowski.
Before I get to the title of the posting, I'm going to approach a different subject altogether by way of a very tenuous segue.
At last...someone finally says it in plain English:
I'm looking to get a transcript, or to do this myself...but you all need to hear this, if you haven't yet done so.
Last Year I posted two essays here on Room 8 on the topic of "actual crime" versus "perception of crime" and the media's portrayal of and impact on both. The current indicator of crime by the NYPD is the CompStat report, which tallies seven crimes weekly and does a comparative of these numbers in a variety of ways. These reports are readily available to the public via each police precinct's webpage, found here.
New York's Now Beleaguered Financial Workforce
Employees in the once booming finance sector made far more than their counterparts in other industries. But it may be a long, long time before those jibs return.
Andrew Beveridge reports:
I am curious to see what everyone on Room Eight thought about last night's speech?
Personally, I thought President Obama hit it out of the park. BUT, I wonder if it was an overly ambitious speech as well.
Call me crazy, but after a big speech, I generally search for official statements made by our local representatives. I am always interested to see what their take on it was. The only one I have found so far is from Rep. Towns. He released an official statement last night, and I was honestly impressed. I will spare you the entire statement, but check this out:
While everyone's looking at Sarah Palin and anticipating John McCain's speech tonight, a quick look at the stock market showed a 345-point drop (3%) in one day.
OUCH! What's going on here?
Wasn't the worst supposed to be over? Wasn't the recovery supposed to be started? Personally, my finances have been slaughtered this past year.
It would be nice to know about the major players who started today's selloff. Certainly, there wasn't all bad news today. The price of oil went down again.
What appears clear is that 2008 is shaping up to be a miserable economic year. The political implications should be obvious.
The Governor’s Economic Security Cabinet will be in Harlem on July 28 as part of a statewide series of town hall meetings. The Cabinet will look at, among other things, job growth and workforce development.
I think there’s a lot to be learned from the 28th Senate District – which is both a hotbed of new and innovative economic activity, but also a place with a lot of economic insecurity.