Monday, July 27, 2009

Financials rates down?


The share of Americans who think the Federal Reserve is doing an excellent to good job has sunk even as chairman Ben Bernanke has taken unprecedented steps to try to prevent a financial catastrophe, according to a new poll released Monday.

Many analysts credit Bernanke's unconventional approach with averting disaster last year. But his support of taxpayer bailouts of big financial firms such as insurance giant American International Group upset the public and many lawmakers.

The Gallup poll, conducted in mid-July, found that only 30% rated the Fed as doing an "excellent/good" job.

It was the lowest such score out of nine government agencies. And it was down sharply from the 53% who thought the Fed was doing an excellent to good job in a survey in 2003. At that time, then-Fed chief Alan Greenspan was steering a fragile economy back from the 2001 recession, terror attacks and corporate accounting scandals that had rocked Wall Street.

The Centers for Disease Control and Prevention topped the list with 61% of poll respondents rating that agency excellent to good. NASA and the FBI tied for second place at 58% each.

This must be because of the way they dealt with the swine flu.

Even I say they deserve praise...

Thank "the Creator" for this low score of the economic system.

They should be ashamed of letting foreign business take out all the American companies...

But as Forrest Gump said...

"You never know what your gonna get"...

Thanks!

Saturday, July 25, 2009

Our new hero?

Jupiter took another bullet for us last weekend.


An object, probably a comet that nobody (not even scientists) saw coming, plowed into the giant planet’s colorful cloud tops sometime Sunday, splashing up debris and leaving a black eye the size of the Atlantic Ocean. This was the second time in 15 years that this had happened. The whole world was watching when Comet Shoemaker-Levy 9 fell apart and its pieces crashed into Jupiter in 1994, leaving Earth-size marks that persisted up to a year.

That’s Jupiter doing its cosmic job, astronomers like to say.

Though they were the same ones that did not identify the object.

"Better it than us". Part of what makes the Earth such a nice place to live, the story goes, is that Jupiter’s overbearing gravity acts as a gravitational shield deflecting incoming space junk, mainly comets, away from the inner solar system where it could do for us what an "asteroid apparently did" for the dinosaurs 65 million years ago. Indeed, astronomers look for similar configurations — a giant outer planet with room for smaller planets in closer to the home stars — in other planetary systems as an indication of their hospitableness to life.

Thanks again Creator for Jupiter right?

Whoa thats Cool right?

Whoa you've heard of Lance Armstrong right? Well it turns out that his 3rd place in the 2009 Tour de France is nothing he is ashamed of.

The seven-time champion tells The Associated Press in an interview he did as well as could be expected and offered high praise for Alberto Contador, who is headed for his second consecutive title. Armstrong said Saturday that even at his "peak" he may have lost to his Spanish teammate.

"Contador is that good," he says.

Armstrong returned to the Tour after a 3 1/2-year retirement. The 37-year-old Texan was second at one point, but heads to the ceremonial finish in Paris on Sunday in third place.