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Archive for the 'News' Category

Warren Buffett, the world renowned CEO of Berkshire Hathaway, has once again earned the title of World’s Richest Person. Buffett beat out Bill Gates after having been the wealthiest person on the Forbes list for the past 13 years.
It seems inevitable though that Warren Buffett’s newfound glory will be short lived as Mexican business tycoon [...]

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In one of the most hypocritical moves of the year thus far, the Air Force has contracted with a European company to build refueling tankers for a price of about $35 Billion. I say hypocritical because of the Federal government voting in a stimulus package and warning of an economic slowdown or recession… but then [...]

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In a surprise announcement today, Microsoft has offered to purchase Yahoo for $44.6 Billion. If Yahoo’s board approves it will be the largest acquisition in Microsoft history.
The $31 per share offer marked a 62% premium for the stock. Yahoo has been struggling of late to compete with online search giant Google, which is suffering from [...]

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Is it just me or does the new Hummer HX concept look like a dune buggy? The HX was just debuted by General Motors recently as a concept vehicle at the North American International Auto Show in Detroit, Michigan.
The HX is a bio-fuel concept vehicle targeted to the younger consumer looking for a balance between [...]

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Dr. Phil Under Investigation

I have to say I am extremely happy to see that the California Board of Psychology is investigating Dr. Phil, of book and television fame, for his run in with Britney Spears recently.
When I heard him spouting off on the news about his evaluation of Britney Spears I immediately knew it was inappropriate and that [...]

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Don’t Tase Me, Bro!

The phrase “Don’t Tase Me, Bro”, spoken by a college student getting kicked out of a John Kerry speech was named the best quote of 2007 by the Yale Book of Quotations.
Some runners up included Don Imus’ now infamous reference to the Rutgers women’s basketball team, the South Carolina Miss Teen USA contestant who gave [...]

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Salaries Of World Leaders

There is a report that came out listing the salaries of some notable world leaders. It’s interesting to see such a large disparity between these presidents, prime ministers, and other dignitaries.

Salaries of World Leaders

Country
Title
Name
Approximate Salary

Bolivia
President
Evo Morales
$21,600

Great Britain
Prime Minister
Gordon Brown
$375,222

France
President
Nicolas Sarkozy
$346,000

Germany
Chancellor
Angela Merkel
$318,000

Ireland
Prime Minister
Bertie Ahern
$434,000

Japan
Prime Minister
Shinzo Abe
$248,500

Russia
President
Vladimir Putin
$81,000

Singapore
Premier
Lee Hsien Loong
$2.05 million

United States
President
George W. Bush
$400,000

United States
Vice President
Dick Cheney
$208,575

The [...]

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NYSE head John Thain has taken up the job of CEO at Merrill Lynch. This move is definitely a good one for Thain. The direction he will take Merrill in is up for speculation, but he has said the mortgage industry can be very profitable if invested in correctly. So it seems Merrill won’t be [...]

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It’s really sad to see what the world is coming to these days. A 13 year old girl from an Illinois middle school was recently given two detentions for hugging her two friends goodbye for the weekend. The school cites their policy banning public displays of affection, but this just goes too far.
Society is trying [...]

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The father of a fallen Marine Lance Cpl. who served in Iraq sued the founders of the Westboro Baptist Church and was awarded almost $11 Million in compensatory and punitive damages.
For those of you who are unfamiliar with the Westboro Baptist Church, they organize pickets at the funeras of fallen United States service members with [...]

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