10/20/2008 @ 7:45am PST Monday, October 20th! Today, the real cause, and the solution to our economic crisis. Watch the "Politically Incorrect" videos and you will be surprised! Plus, SNL highlights! "BUZZ" Tina Fey and Sarah Palin finally together on SNL, and Mr. Blackwell dead at 86! "PHOTO GALLERY" Cyndi Grecco, Judy Norton-Taylor, Brian Wilson, Peter Tork & more!
JOHN STOSSEL PRESENTED A VERY SURPRISING ABC "POLITICALLY INCORRECT 20/20" FRIDAY NIGHT. THE INSIDE STORY ON OUR ECONOMIC CRISIS: WHO CAUSED IT AND WHO WILL EVENTUALLY SOLVE IT! WATCH THE SEGMENTS TO GET THE WHOLE PICTURE OF WHAT'S REALLY GOING ON WITH OUR GOVERNMENT!
TINA FEY AND SARAH PALIN FINALLY TOGETHER ON SATURDAY NIGHT LIVE!
Palin reappears at another point during the show's Weekend Update segment during which cast member Amy Poehler performs a rap song that the Alaska governor said she decided not to perform herself because it "might be a bad idea for the campaign."
COULD THIS BE THE NEXT NEW COUPLE ON "DANCING WITH THE STARS"?
FINANCIAL GURU JIM CRAMER HAS BEEN SAYING TO GET OUT OF THE STOCK MARKET, BUT GUESS WHO'S GOING IN BIGTIME, THE WORLD'S RICHEST MAN, WARREN BUFFETT!
Warren Buffett wants the world to know that it's time to get greedy right now, as fear sends stock prices plunging across the globe.
Using the widely-read opinion pages of The New York Times, Buffett writes that he's been buying U.S. stocks for his personal account, picking up a "slice of America's future at a marked-down price."
Besides his Berkshire Hathaway shares, Buffett reveals that he used to own nothing but U.S. bonds. Now, he writes, "If prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent" in American stocks. (Remember, he's talking about his own holdings, not the billions of dollars of stock owned by Berkshire Hathaway itself.)
"A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors."
While he acknowledges that the financial world is a "mess" and the economy will only get worse in the near term, he argues that over the long term, "the stock market news will be good," just as it has been throughout the 20th century. All the bad news right now creates opportunities for investors willing to look five, ten, or twenty years into the future.
Buffett admits that he doesn't have the "faintest idea" whether the stock market will be higher or lower in a month or a year, he argues that it's likely the market will move higher well before we see improvements in investor sentiment or the economy. "So if you wait for the robins, spring will be over."
As for the people who now feel "comfortable" holding cash and waiting for good news: "They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value."
In the piece, Buffett doesn't name any specific stock or stocks that he's been buying.
Earlier this month, however, Buffett did reveal in a live interview on CNBC that he couldn't resist buying some shares of Wells Fargo for his personal account when they dipped into the low 20s during the summer. In that conversation, however, he made it sound like buying Wells was more of an exception to the rule than the start of a stock-buying trend.
It's no secret that Buffett remains optimistic about America's long-term financial future and thinks "people who own a piece of it will do well." It is, however, unusual for Buffett to make such an emphatic public declaration that the time to buy is now. He never likes to "opine" on the stock market.
These must indeed be extraordinary times for him to say to the world that he's putting his own money where his mouth is right now, by purchasing his own pieces of America's future prosperity.
10/17/2008 @ 9:45am PST Friday, October 17th/Weekend "NEWS"! The election campaign finally enjoys a few laughs & we've got the videos, plus Joe The Plumber under pressure from the press corps now! "BUZZ" Sarah Palin set for SNL, and Britney Spears waiting on jurors with new website! "PHOTO GALLERY" (1968) The Blue Meanies from the Beatles "Yellow Submarine" movie!
Rival presidential candidates John McCain and Barack Obama gave a time-out to their contentious race Thursday night, appearing together at the Alfred E. Smith Charity dinner at the Waldorf Astoria hotel in New York City, where they playfully roasted each other, and themselves.
Putting politics aside, if only for one night, both Senators ended their speeches by praising their opponent, and both laughed heartily at the other's jokes.
The Alfred E. Smith Foundation was founded in 1946 by a Catholic cardinal in the honor of former New York Governor and philanthropist Alfred E. Smith, who was a patron of the impoverished. The money raised by the dinner and the foundation goes to aid the poor, sick and underprivileged of the Archdiocese of New York.
JOE THE PLUMBER, STILL IN THE NEWS, UNDER PRESSURE FROM THE PRESS!
THE WALL STREET JOURNAL LOOKS AT THE 2 CANDIDATES TAX PLANS!
MEANWHILE BACK AT THE STOCK MARKET, HERE'S A FINANCIAL PERSPECTIVE!
FORMER PRESIDENTIAL CANDIDATE RON PAUL HAS ANOTHER VIEW!
LEVI STUBBS, OF "THE FOUR TOPS" FAME, DEAD OF CANCER IN DETROIT!
The indelible voice behind the Four Tops, and one seriously deranged man-eating vegetable, has been silenced.
Levi Stubbs died in his sleep Friday at his home in Detroit, according to the Wayne County medical examiner. He had reportedly been battling cancer.
Stubbs' killer baritone provided the soundtrack for some of Motown's greatest hits, teaming with the Tops on such classics as "I Can't Help Myself (Sugar Pie, Honey Bunch)," "Baby I Need Your Loving," "Reach Out (I'll Be There)" and "Standing in the Shadows of Love." All told, the Tops scored 20 Top 40 hits and their tunes were covered by the likes of Blondie and Clay Aiken.
The quartet was inducted into the Rock and Roll Hall of Fame in 1990.
On his own, Stubbs' pipes powered the voice of Mother Brain in the old Saturday morning 'toon Captain N: The Game Master and, most famously, Audrey II, the insatiable "Mean, Green Mother from Outer Space," in the 1986 movie version of Little Shop of Horrors.
1968 BEATLES FLASHBACK: CHARLIE AND FELLOW 93/KHJ BOSS JOCK SAM RIDDLE INTERVIEW "THE BLUE MEANIES" FROM THE BEATLES MOVIE "YELLOW SUBMARINE" FOR A TV SPECIAL ON THEN KHJ-TV, CHANNEL 9!
10/16/2008 @ 8:05am PST Thursday, October 16th! The third and final Presidential Debate last night in New York! Check out the truth & facts behind the candidates statements last night too with our link! "BUZZ" O'Neals, Ryan & Redmond face felony charges, and the Duchovny's secret split!
IF YOU WANT TO CHECK HOW TRUE SOME OF THE FACTS THE CANDIDATES STATED IN WEDNESDAY NIGHT'S DEBATE WERE, HERE'S THE LINK TO THE FACTCHECK.ORG WEBSITE.
HERE'S THAT FAMOUS MEETING OF OBAMA WITH "JOE THE PLUMBER!
THE LATEST NUMBERS SHOWING UP FOR OUR ECONOMY ON WALL STREET!
HERE'S FRED HARRISON, THE "NOSTRADAMUS" OF OUR WORLD ECONOMY!
Fred Harrison's predictions earned him the epithet Prophet of Doom until his forecasts proved correct. He is now described as the canary in the housing mine...[his] prediction is chilling: Nostradamus...could scarcely have been more accurate (Spectator Business, October 2nd 2008).
APPLE CEO STEVE JOBS INTRODUCES HIS NEW NOTEBOOK LINEUP OF APPLE!
