This TV ad is
seriously one of the dumbest I've seen. First of all, the idea that Americans are too stupid to understand foreign words that have been ingrained in our culture is insulting. And second of all, at the end they talk about Dunkin Donut's lattes. Hello? Latte is Italian for milk? Someone needs to bitch slap some intelligence into their ad department.
President Bush busts a move.
Classic white guy dancing! But actually, Africa is one of the places that Bush is the most popular, not that that's saying much.
This summer, request for your employer to pay you in Euros. They probably won't go for it, but if you didn't know, the Euro is at an all-time high, and it probably is overvalued right now, but permanent shifts are causing the change, not temporarily economic weakness. Including, not limited to, the increasing use of Euros as a reserve currency
, Euroization of oil, etc.
Political statisticians are predicting this is going to be a "ground-breaking" year where youth vote really makes a huge difference, citing Obama and Clinton's appeal to youth voters. They even came up with a phrase, the "youthquake." This is a crock of shit. They've been saying that every election for the last 48 years, and nothing's changed. When election day comes, youth vote percentage's will be about the same as the last few elections. Predicted.
With the whole sub-prime crisis deal going on, banks, and politicians from both sides of the aisle are calling for a bailout. There's a lot of reasons why they shouldn't, but the basic idea is this- These loans are being made to people who should never have gotten them. A bailout only rewards continued risky and stupid behavior by banks and irresponsible behavior by homeowners. Good comment by a UofR economist here.
(Warning: it's fairly intellectually-stimulating)
Also, in regards to the sub-prime mortgage, another simple fact. Housing prices have risen way too much recently, it's been ridiculous pretty much anywhere in the country but Upstate NY. So it's a simple market correction, after a lot of speculation, it's time for prices to come down. It'll take some time because housing is not as liquid (easy to trade) as much as money, stocks, or general property.