Some News for September 10th, 2009

Believe it or not, there was some news today, other than President Obama's speech.

01. A Quebec Canada man was sentenced to life in prison after his 19th conviction for drunken driving. Last year, he ran over a woman in a wheelchair.. on her birthday!

I know a person in New Bedford, Massachusetts who was convicted of drunk driving many times, and each time all it took to get his license back was a small bribe. This was a long time ago, so I hope this type of situation is a thing of the past.

02. The Mint will be issuing another special series of quarters. It will be called "America the Beautiful" and will feature famous National sites throughout the States and Territories. The complete series will consist of 56 coins that will be released about every ten weeks, starting in 2010. That means it will probably take around ten years to get a complete set.

03. If you eat a fast-food fish filet, you are probably now eating a fish called the Hoki, according to William Broad of the New York Times. (I must admit that Mr. Broad may be trying to fool us.. hoki = hoaky? But I'm probably wrong about that.) The hoki is described as a deep Pacific fish, swimming around New Zealand, and is very ugly, but tasty. The fish is supposedly taking the place of the rapidly disappearing Orange Roughy. Orange Roughy lives more than 100 years according to Mr. Broad, and reproduces very slowly. Hoki only lives 25 years and has a quicker rate of reproduction. One of my stocks, Yum Brands, likes the use of this fish.

04. I noticed that American Express is advertising that they have "the card that's ready for the unexpected." Today I was told, unofficially, that they have updated the cost of using their card to $400 a year. That is hard for me to believe... if it is indeed true. I use Visa or Discover and as of yet, they have not charged me a fee. However, I was also warned today to read my monthly statements very carefully. Someone also mentioned that Discover began to charge them a large fee because they had not used their card for some time.

05. A Bolivian man tried to highjack a plane at Mexico City's airport. He threatened to blow up the plane if Mexico's President did not talk to him about a coming disaster.. he said that he had seen the devil in the Mexican flag and knew that bad things were about to happen. Federales overpowered the man and led him off to jail.

06. Speaking of delusional thinking, Sarah Palin has written to the Wall Street Journal that "death panels" are still a concern for the elderly, regardless of what the Administration says.

07. Continuing on that theme, I read where the mayor of Glenn Beck's hometown of Mount Vernon, Washington, is about to give the "keys to the city" to their famous "home town boy." Quite an honor for a guy who has called President Obama a "racist." (Because of his statement, several big time advertisers have canceled commercials on his show, and as I said somewhere before, Ed Schultz says that his radio audience is now greater than Beck's TV show.)

08. The Hubble telescope is working great again and is sending back remarkable pictures. These pictures boggle my mind. I'm trying to remember who made the following statement, I think it was Goethe: "Only two things amaze me. The glorious heavens above and the wondrous earth below." This certainly is a great time to live for people who want to learn about the marvelous universe we live in.

09. Massachusetts lawmakers are struggling to find a way to get a quick replacement for the late Senator Kennedy. (Did I mention that Massachusetts is replete with signs that say "Ted, we love you and will miss you!" and others of a similar nature?)

10. Over 30 years ago, I read about a massive Manhattan, New York City, apartment complex. It was hard for me to imagine such a huge development. Three years ago, that complex of 110 (yes thats one hundred and ten) red-brick apartment buildings at Peter Cooper Village and Stuyvesant Town, was sold for $5.4 billion dollars. However, during this recession, the buyers are losing money.. more than half of its value. Sad. I hope they will get back to normal during 2010, when I feel sure this damnable problem time will end. A lot of people live in that complex and it would be a disaster if they had to move somewhere else.
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