Chrysler Heading Into Bankruptcy!

Talks between bonds holders, Chrysler and the Federal Government has broken down and is forcing Chrysler into bankruptcy. The main reason for the break down is the Federal Government trying to take more of Chrysler than the bond holders. The bond holders have way more invested in Chrysler than anyone else. I read the bond holders own about 70 percent of Chrysler. And the Federal Government wants to give then pennies on the dollar, that’s not fair in my view. The U.S Government, my government needs to stay out of it. But the Obama administration wants to have their hands in everything we do, that’s not how our government is supposed to work. If I was a bond holder I would hold out as well. Now it’s going to be up to a bankruptcy judge to decide how much the bond holders will get. What I believe is that these bond holders have secure debt on Chrysler, so they may be able to take over Chrysler. Anyway, the same thing will happen with GM in about month. So depending how this one goes will set the mark how GM’s bankruptcy will go.

Advisory Service!

With the economy in one of the worst shapes it’s ever been in since the great depression, people are scared and have no clear idea what to do with their money. The U.S markets as well as the world markets are showing signs that things are improving. But you know what, the bottom could fall out in one day, that’s how bad things still are. Me personally I review the U.S markets every hour on the hour, I drive my wife crazy reporting to her. I do this because it’s not about long term investing for me lately, it’s short term. I only care what our investments ending at for the day. I think this way because we took a really hard hit last year, and that’s not going to happen this year. Once I see a sign of bad news or a report that comes that’s not going to be good I get ready to sell. I wouldn’t recommend this to any one, because it takes a lot of watching and reading, but we need to get our money back, which we are. I do know of a site called Wicked Profits that could help give you some advise. Their site url is wickedprofits.com. They basically review stocks and pass the info on to you. Their service isn’t free, but it could be worth it. I never tried their services, so make sure you research them first.

Summer Help!

With high school out for the summer, high school students will be looking for summer work. Most will be doing it to past the time by, others because they need the cash and a lot of them to help their parents pay the bills. Most of these kids will be looking to get jobs at fast food restaurants and pizza shops, which count for most of the summer help hiring. But there’s a problem, there’s not going to be many of those jobs available. And the reason why is because of high fuel costs and raw materials. With no one eating out much these days, these jobs won’t be there. Hopefully the economy will turn around and people will start eating out more. And once this happens, the jobs will return. Good luck to all job seekers!

Glide Skim And Fly!

How would you like to do all three, glide, skim and fly? If so I have the location for you, Sea World Orlando, Florida. And the new ride, which will open for the very first time in May 2009 is called, Manta. The new ride puts you on the underside of a giant ray, which your on the only flying roller coaster around. The video on their site shows a true thrill ride that people of all ages will enjoy. You have to go to their site to see what I’m talking about.

And the thrills don’t stop there. How would you like to win a ticket called “Front-of-the-line pass?” You can a shot at this pass by visiting their site and completing a six activities listed on their site. The activities are very easy to complete. I know I will be looking to complete the activities for my shot at the “Front-of-the-line pass.” I know my oldest would love to be one of the first to ride this ride. We’ve always loved Sea World Orlando, it’s one of our favorite spots to go to when we’re vacationing in Orlando, FL. So go ahead and check the site out, and maybe I’ll see you at the front of the line in May.