Tag Archives: quarter profit

Thursday Evening News Roundup

Thursday Evening News Roundup

Israeli man takes cover as air raid sirens go off (Reuters)

Can somebody please tell me what’s going on in Israel and the Gaza Strip? I don’t understand why Hamas is lobbing missiles into Israel. The only reason that I can possibly think of would be that they’re trying to provoke a military response from Israel. They think they have something. I don’t know what it is. Maybe a new weapon – chemical, biological or nuclear? Maybe they have thousands of troops that have now been trained? I don’t know. The whole thing doesn’t make sense. (Look for the neoconservatives to start blaming Obama for the violence in Gaza. The reason that there is violence in Gaza is because Barack Obama has refused to lead on the Israeli-Palestinian issue. I guarantee you that’s gonna be there line of reasoning.)

Dell Computers’ third-quarter profit has dropped by 47%. Surprised? Just the other day I was talking to a friend of mine and I told him that for years I was buying two or three new computers every year. If I wasn’t buying one for myself I was buying one for my wife. One year I bought a desktop and the following year I bought a laptop. If I wasn’t buying a computer for myself, my wife or my daughter I was buying one as a present for my mother, my father, one of my siblings. I simply don’t do that anymore. My desktop computer is approximately 18 months old. I bought all the components to the computer online and got a local computer guru to put everything together for me. My computer’s fast as lightning. It cost me $700-$800 less than a comparable computer from Dell or Hewlett-Packard or any of the major brand names. Things changed. Dell needs to change or they’re in serious trouble. Tablets have been out for a while. Does Dell have a tablet that rivals the iPad? I didn’t think so.

The US Post Office is in financial trouble, again. Look for conservatives to smile and pounce.

I didn’t know that black people didn’t vote. Was there a meeting that I’d missed?

From the financial sector: Inflation does not seem to be a problem at least it wasn’t in October. Ben Bernanke, Federal Reserve Chairman, basically believes that lending standards have become too tight. The housing market is still problematic. Real income has fallen.

Walmart is in trouble. There’s a federal investigation into suspicions of bribery; not only in Mexico, but also China, India and Brazil. Continue reading Thursday Evening News Roundup

What's going on – Evening News RoundUp

Monday Evening News Roundup

Brookshire Hathaway, the investment group led by Warren Buffett, posted a third-quarter profit of $1.06 billion. This was a net income decrease by 77%. It is the fourth straight quarter of profit loss, but it must be understood that they made a profit. It was just less profit than they’ve made in the past.

Political Animal’s Hilzoy had a nice post this morning on trusting Barack Obama. Personally, I believe that Barack Obama will have trouble from the left and from the right. He will not be liberal enough for the left and he won’t be conservative enough for the right.

Barack Obama and his advisers are working on a plan to close Guantánamo Bay, which needed to be done two years ago. Well, to be honest, Guantánamo Bay should never have been opened as the come one, come all detention center for folks we had no idea what to do with. We should have spent the intellectual capital to figure out the problem.
China is planning a massive investment in its own infrastructure. They are looking at $586 billion worth of investment.

Senator Harry Reid seem to be supporting Joe Lieberman, while at the same time speaking out relatively strongly against Senator Ted Stevens. The Lieberman saga continues.

Al Franken continues to narrow his deficit against incumbent Senator Norm Coleman. Franken now trails by only 204 votes.

Governor Howard Dean plans to step down as chair of the Democratic National Committee. I guess when all the pundits said you were wrong and foolish to believe in a 50-state strategy and you prove that the pundits were, beyond a shadow of a doubt, all morons…yep, it is time to step down.

MSNBC has extended Keith Olbermann’s contract and has given him any “healthy” raise. Congratulations, Keith.