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27 May 2009 11:08

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Biz: Foreclosures make it easier for people to buy homes, just an FYI

  • 2.9% increase in existing home sales in April; sounds good source
Posted by Ernie Smith • 0 Comments • Permalink

27 May 2009 11:02

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Biz, U.S.: The near-bankrupt General Motors is generally screwed

  • They failed to convince bondholders to convert their claims to stock. General Motors is a huge company and it’s the kind of company that should just not fail, ever, but unfortunately they may be past the point of no return. The corporation needed to convince 90% of bondholders that their valuable GM bonds could convert to valuable GM stock. Now, running low on options, they will probably run into the June 1 deadline head-first, like a car crashing into a building on purpose. Don’t you love this country? source
Posted by Ernie Smith • 0 Comments • Permalink

27 May 2009 10:56

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Politics, U.S.: Ah Rush, saying such soothing words about Sonia Sotomayor

  • Do I want her to fail? Yeah. Do I want her to fail to get on the court? Yes. She’d be a disaster on the court. Do I still want to Obama to fail as president? Yeah. … He’s going to fail anyway, but the sooner the better here so that as little damage can be done to the country.
  • Conservative talk show host Rush Limbaugh • Stuck between a rock and a hard place in criticism of Obama’s supreme court justice pick Sonia Sotomayor, who he called a “reverse racist.” The challenge that the GOP faces is that Hispanics make up a good portion of their base currently, and if they’re not careful, they could alienate them with their attacks. But Rush doesn’t care. Rush is Rush. • source
Posted by Ernie Smith • 3 Comments • Permalink

27 May 2009 10:50

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Tech: Wannabes. Microsoft, Sony get in the Wiimote controller game

  • Microsoft’s device, granted, is a camera-based device that will allow users to move around without use of a controller …
  • rip-off #1
  • rip-off #2
Posted by Ernie Smith • 0 Comments • Permalink

27 May 2009 10:42

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Biz, U.S.: Bank of America somehow raised a lot of money really fast

  • $33 billion Amount the U.S. government told Bank of America to raise after recent stress tests gave them failing marks source
Posted by Ernie Smith • 1 Comment • Permalink

26 May 2009 20:18

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Sports: There’s a sad ending for Mike Tyson’s daughter Exodus :(

  • She was taking off life support this morning. Exodus, victim of a terrible accident involving a treadmill, died this morning at 11:45 a.m. It’s perhaps one of the more gut-wrenching stories we’ve run lately and we wish the best to the Tyson family in this difficult time. source
Posted by Ernie Smith • 0 Comments • Permalink

26 May 2009 20:07

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Biz, Tech: If Facebook employees want to cash in, now’s the time

  • $100 million will be offered for stock cash-ins source
Posted by Ernie Smith • 0 Comments • Permalink
 

26 May 2009 20:02

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Biz, Tech: Facebook is still getting huge influxes of $$$$$

  • $200 million The amount Facebook got from foreign investor Digital Sky Technologies. source
Posted by Ernie Smith • 0 Comments • Permalink

26 May 2009 19:03

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Culture, U.S.: Why we love the White House’s official Flickr page

Obama with Joe Biden and Sonia Sotomayor
  • Seriously, the photos they run are arguably better than the ones the Associated Press or any other wire service come up with. It’s yet another example of how the Obama administration is the best-designed administration ever. And, BTW, the photos are all public domain. :)source
Posted by Ernie Smith • 1 Comment • Permalink

26 May 2009 15:17

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U.S.: It’s official: Prop. 8 upheld by California Supreme Court

  • California upheld the controversial Prop. 8, which amended the constitution to bar gay marriage. source
  • Those married during the brief period where it was legal won’t lose their marriage rights. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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