Good morning everyone. Sorry I missed you yesterday. I was at work and our internet was knocked out for most of the day and then I had to go to bat for what I believe in. At work, that’s quality. If my name is on something I am verifying that this is quality work. Well, I couldn’t do that with the latest enhancement I’m testing for a brand new customer. I drew the line in the sand and I won the battle.
The export is being redone to my specifications. Whoo Hoo. I really feel good about that. I love delivering a quality product and seeing the customer fall in love with our application.
Today is another busy day. So, the coffee is flowing and I’m ready to go.
But before I get too far down in my work I had to share my rant for today and a reading list if you would like to learn more about the mess we’re in.
Have a great day, my friends.
Source Article: ABC News
"What you're now seeing is ... profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it,"
What’s wrong with this? Well, the President telling you to buy to offset the tanking that he is continuing to spurn when he doesn’t even know what a P/E ratio is. Read above what he said. Here’s what it should be.
What Does Price-Earnings Ratio - P/E Ratio Mean?
A valuation ratio of a company's current share price compared to its per-share earnings.
For example, if a company is currently trading at $43 a share and earnings over the last 12 months were $1.95 per share, the P/E ratio for the stock would be 22.05 ($43/$1.95).
Next he makes this comment.
"You know, it bobs up and down day to day," he said. "And if you spend all your time worrying about that, then you're probably going to get the long-term strategy wrong."
Hmmm, do you think the market is BOBBING? How about losing over 50% in the past year and about 15% since he’s been in office. Can you say Tanking? Do you hear the flushing sound?
Take a look. Does this look like bobbing?
Source: MSN Money
On top of his request to get us investing again, he’s going to raise taxes, hurt charities, ruin health care, continue to allow ear marks and pork barrel spending, and party on our dime.
We should be so proud. With that said, here’s more stuff for you to read. If you dare
Today’s reading list
A study released this week by the Center on Philanthropy shows 47 percent of affluent households say they would give less if their tax deductions for charitable giving was reduced.
Taxing people who are NOT rich but have a bit more money to give to charities is just going to hurt charities. But, I guess the administration doesn't really care because they just want to take money from others to fund crap that won't work.
Our government is NOT good at running anything. Why should we take money from folks to fund health care to be run by the government? It's not going to work.
This will hurt the charities that really do a good job.
"The Council on Foundations said in a statement, "We are opposed to proposals which will significantly depress incentives for charitable giving. In these hard economic times, we need to make sure tax and regulatory policy encourage growth in philanthropy."
Best of the Web Today: Obama's Katrina? - WSJ.com
By James Taranto The new president seems dangerously out of touch.
Why do we have to support the Obamalama's lifestyle when the ENTIRE country needs to learn to live within their means. NOT the taxpayer's means. But, Team Obama thinks they are special and we should continue to support and fund whatever partying or . . . they choose to do.
Here's a clip from the op ed.
"The same president who last month lectured private-sector executives, "You can't get corporate jets, you can't go take a trip to Las Vegas or go down to the Super Bowl on the taxpayer's dime," is living large in the Executive Mansion that we taxpayers have generously provided him. "
Read it, be informed and then decide.
Democrats Redefine Earmarks for the $787 Billion Stimulus Bill - WSJ.com
Defining spending deviancy down.
Does this guy have a money printing press sitting next to the government shredder? Come on we cannot afford this CRAP.
"Speaking of earmarks, they've quickly made a comeback even by the old definition. The $410 billion omnibus spending bill for fiscal 2009 now making its way through Congress contains at least 8,570 of them at a cost of $7.7 billion. Mr. Obama is not signaling any concern, much less a veto."
He's going to do what he wants regardless of what you or I may think.