Contributions are welcome for this website - please click above.
Knock...Knock...Who is there? FedEx...FedEx who? FedEx will be there tomorrow!
What is the worst kind of cat? CAT-astro-phe !
What do you get when you cross snowman with vampire Frost-Bite.
What kind of Bill can you breath? Billionaire.
Why did Dino go to the hospital?
Because he was (Dino) "Saur".
How do you make eleven even?
Take away the "el."
How do you make seven even?
Take away the "s"
Why did the chicken cross the railroad track?
Because it wanted to get to the Chick train.
What is a duck on the 4th of July?
Knock, Knock...Who is there?Banana...Banana who? Banana...Banana who?Banana...Banana who? OR-ange...Aren't you glad I didn't say banana?
Are you 5?
No! I am not 5! I am 4.95 plus shipping and handling!
Knock knock...Who is there? Panther!Panther, who? PantH-or-no-PantH I am going Thwiming!
Laughs above are credited to kids and various sources.
Business fun facts!
Over $18 Trillion a year is spend on ConsumerGoods worldwide.Women account for almost two third of it. Just think about this women power!
Did you know the ancestry of American people?It is a melting pot of immigrants from all over the world.This trend continues today.These immigrants make the America great, including best in business.
There are over 300 million Americans.Ancestry of Americans include approximately Germans over 14%, African American 12%, Irish 12%, English 8%, Mexican 8%, Italian 6%, Hispanic 5%, French 4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between 1-3% but add up to 11%.The rest are from other countries.
About US housing
At the end of 2008 approximately 7 out of 10 people in the US owned a home. The US population is over 300 million.
In 2008, $3.3 Trillion was the total loss in value for the US housing market. In early 2006 housing market value was close to $9.4 Trillion.
Not so fun fact…there are over 15 million home owners with questionable mortgage loans.Experts believe that 2/3 or over 10 million have potential of foreclosure...but this number is going down
Happy 4th! On July 4th, 1776 the United States declared independence from the Great Britain. We celebrate July 4th as an independence day with fireworks, parades, picnics, barbecues, concerts and many other fun ways. Have a safe July 4th celebration! .
Markets Slip on Greek debt crisis
The DOW closed down 207 points or 1.2%, the S&P500 was down 22 points or 1.0% and NASDAQ was down 12 points or 0.2% week ending July 2nd. The DOW Year-To-Date gains are now -0.5%, S&P500 is up 0.9 %, and NASDAQ is up 5.2% for the year.
Greek Fiasco - No clear roadmap even after Sunday referendum on EU Bailout
Greece and European Union (EU) are at odds on how best to resolve the Greek Debt crisis. Greek Prime Minister added more confusion when it asked Greeks to vote on Bailout referendum this Sunday. No Vote - No note strengthens Greek Prime Minister's negotiations with the creditors who have so far indicated displeasure with the Greek proposal and its policies...AND...if creditors do not agree with the Greek terms to resolve the current dead-lock on the debt crisis then Greece is out of EU as Greece has already defaulted the due loan payment. Yes Vote - Yes vote means that the Greeks disagreed with their recently elected government on the bailout issue and are now willing to accept EU terms including austerity which the new government was elected to fight the EU and its austerity in the first place in the recent election.
In the meantime people are suffering. Banks are closed....only 60 Euros are allowed per day from ATMs, creditors are not giving loans, and businesses are hurting...
US added 223K Jobs in June - Unemployment rate now at 5.3%
The U.S. Labor Department reported that in June 223,000 jobs were added. The unemployment rate is now at 5.3% and lowest since 2008. Since January of this year until now in June about 1.2 million jobs have been added by the U.S. economy
Average weekly wages increased in June by 2.0% (May 2.3%) compared to June 2014. This is yet another sign of strong recovery. Typically when the demand for workers increase wages rise, however, in 2014 despite the significant jobs addition wages remained flat which was a concern. So far in 2015 we are starting to see wages increase which is a sign that supply of available job seekers or workers is dwindling which in turn is making employers to pay more to attract workers. A good sign for the economy.
Tax payers have recovered ALL monies with interest loaned to banks, etc under TARP!!
The federal budget deficit is significantly down from 2008! Read more about US debt and how/who created it? Click here> Volume 360.
The total number of jobs added in 2013 = 2.4 million! or an average of about 200K per month. 150K jobs are needed just to keep up with the population growth.
More work is needed to help the unemployed and to grow the economy!
Slow wage increase remains a concern, however, as the unemployment rate continues to go down and tightens the jobs market the wages should rise. The rules of Supply and Demand should work here as well. What is Supply and Demand? Volume 177.
Labor participation continues to decline and it is now at 62.8%. It is a concern as unemployed are giving up looking for a job.
More Americans are dropping out of the labor force. Currently, about 62.8% of Americans are in the labor force, which is the lowest rate since 1978.
US population = Approx 315M
Kids (not working age) = Approx 60M
Total people available to work = Approx 255M (315-60)
62.8% of the total available people (255M) are in the Labor Force numbers = Approx 161M and the rest about 94M Americans do not work and are not counted in the Labor Force numbers.
Non-working Americans include the retired, stay home with kids, disabled, Seniors, College students AND those trying to find a job but have given up.
Typically 300,000 new jobs a month are needed to drop the unemployment rate, and 150,000 jobs to just keep up with the population growth.