French React

Now as we enter day 13 of rioting in France… the French finally admit it is an emergency. Hundreds of people were arrested last night, which lessened the destruction by about half. 600 cars and several business still burned despite the curfew and police actions.Apparently the mulism youths are using blogs, cel phones, and text messages to coordinate their efforts and evade police. Time will tell if the new measures will put out this firey outrage or simply slow its spread… as copycat riots have begun to spring up in Germany.

I heard someone on the radio ask “So, when the insurgency in Iraq becomes less than the insurgency in France… does that mean we’ve won?”

French Riots

Muslim youths have been rioting for days with no apparent end in sight. Burning cars seem to be the destruction of choice. Initially, I thought the rising numbers of burned cars reported on the news was a running total… 300, 600, 800, 1000… and then I learned it was actually an escalating number of cars burned per night.

The scary part is that France doesn’t seem to have a good handle on how to quell the unrest. When many would think clamping down on the rioters is the proper course of action, the French government seems to be teetering towards appeasement by promising to increase welfare benefits to the “suburbs” (projects).

Quarters For A Cause

So a mystery economist has partnered with Glenn Beck to bring you “Quarters for the Cause”. I have to admit that this idea is GENUIS. Using an army of kids to sift and collect quarters for the Red Cross is great. I think their projections of $7 Mill/day is unrealistic. I would say this idea in full swing might hit $7 Mill/week, but even that is a tad optimistic.

Here’s how it works:The US Mint now prints individual states on the backs of quarters. There are over 2.8 billion quarters in circulation from the Gulf States that have been affected by the hurricanes (Florida, Mississippi, Louisiana, Alabama, Texas). If we were able to get just 1% of those quarters donated, it would mean $7 million in additional funds.

But, here’s the twist…once these quarters are donated they will be spent and put right back into circulation. So, if this concept were to catch on, $7 million would be donated EVERY SINGLE DAY. That?s over $2.6 billion a year.
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Office Bow of Death

The Office Bow of Death and how to build it…

Place the arrow on the string of the bow. Resting the arrow on the hand gripping the bow. Pinching the arrow and the string pull back to create tension on the arrow. Release. Now get out and unleash “OFFICE PUNISHMENT” on thine enemies!!!Note**: This information is provided as “Educational Knowledge”. This weapon can actually penetrate flesh, muscle and eyeballs. I am not responsible for the mis-use of this knowledge.

Thanks Jeremy

Housing Bubble?

Yeah interest rates are on the rise and house flipping shows are all the rage. Come join the investors in real estate and get rich. Quick, before the whole thing implodes… or at least that is what some nay-sayers claim. Most likely, a slowdown in the housing market will most likely manifest as a plateauing of prices instead of a “crash”. Now that, of course, is in general: condos, commercial real estate, and select areas could all experience a reversal, but we’re talking in general here. Usually the places where a reversal would occur is where the pricing has gotten out of control and grown to quickly. Take these areas for instance:

Metro Housing Increase (vs last year)
Phoenix 47.0%
Cape Coral, Fla. 45.2%
Palm Bay, Fla. 40.0%
Orlando 36.5%
Sarasota, Fla. 34.3%
Reno 32.1%
Miami 31.7%
Deltona-Daytona Beach-Ormond Beach, Fla. 31.2%
Durham, N.C. 30.9%
Sources: National Association of Realtors, Commerce Department
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