Archive for August 20th, 2008

Cold War Again!

I was just reading an article on Yahoo that some of you would like to read.  When I was reading this article I was thinking here we go again.  Another cold war between America and Russia.  The only difference here is that we just might end up fighting them.  Russia is promising to attack Poland because they agreed to host a 10 U.S. interceptor missiles just 115 miles from Russia.  This would be right in Russia’s back yard, and Russia isn’t happy about it.  Russia is making a lot of mistakes lately by promising to attack country’s that are part of NATO.  And because of that ties between NATO and Russia have been put on hold.  Russia needs to stand down on Georgia and get out of the country.  Things would be much better if Russia would only comply with NATO.

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Fannie Mae And Freddie Mac!

Well Fannie Mae and Freddie Mac are in the news again today. Which is one of the reasons for the Dow Jones going up and down through out the day. Wall Street is wondering if the government-chartered companies are going to need a bailout by Treasury Department. Which in turn would clear out shareholders equity. And the other reason is the price of oil is coming back down. Right now the price of oil is around $113 a barrel. We’ll see if it can hold or go below that mark by day’s end.

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