 Cuyahoga County Public Library Solon Branch Someone I know had her automobile window broken into in the parking lot of Solon Public Library. At 5 PM!. Her purse was stolen. She was negligent in leaving her purse in a way that it was visible from outside her automobile. She was shocked by this incident and learned a bitter lesson.
According to hearsay, staff of Solon Pubic Library informed her that this sort of incident is not rare near the vicinity of Solon Public Library.
Solon Public Library has an excellent staff for Story Time for toddlers, such as David McNally and Danielle Parsons.
FENGHUA, China — Chen Hsien, an employee of Fenghua Ningbo Plastic Works Ltd., a plastics factory that manufactures lightweight household items for Western markets, expressed his disbelief Monday over the “sheer amount of shit Americans will buy. Often, when we’re assigned a new order for, say, ‘salad shooters,’ I will say to myself, ‘There’s no way that anyone will ever buy these.’ … One month later, we will receive an order for the same product, but three times the quantity. How can anyone have a need for such useless shit I hear that Americans can buy anything they want, and I believe it, judging from the things I’ve made for them,” Chen said. “And I also hear that, when they no longer want an item, they simply throw it away. So wasteful and contemptible.” from the ONION
 Warren Buffett Warren Buffett was on CNBC with Becky Quick and he said, “Our country will do fine even if we screw up”. I wish we screwed up less by not embracing concepts that work only for the short term.
He also felt that President Obama is right for our current economy and I agree with him.
I figured from what he said that Wells Fargo Company would be a bank to consider investing in over the long term. Its stock price is about $9 today. I think it will fall more and I intend to buy, just because Warren Buffet said so.
I don’t like listening to the financial analysts that come on CNBC anymore. But I will listen to Warren Buffet, any day, any time, even on CNBC.
- The only function of economic forecasting is to make astrology look respectable -John Kenneth Galbraith
 Carlos Slim Helu-Photo: Agencia Brasil Here is an excerpt from an interview of Carlos Slim Helu, Mexican billionaire, that appeared on CNBC approximately in February 2008 as the stock market was going down.
Michelle Caruso Cabrera: In 1982, when Mexico was falling apart, people were fleeing the country. You were buying assets that nobody else wanted, and at very good prices, that turned out to be very good investments over the long-term. Do you have the same opportunity right now?
Carlos Slim: What we do, most of our investments are in our own companies. The companies we manage are in a healthy situation, but we also manage some investment funds, mostly Mexican paper, now they are more open to invest outside, and these investment funds have a policy that when the markets are very low, they are heavy in equities. And when the markets are very high, doesn’t matter that it goes higher, the position of equities is very low. Let’s say 35 or 40 percent in equities and when the market is very low, they go 70 or 80 percent in equities, that’s why they have moved in these parameters in some ways.
Carlos Slim versus Warren Buffet: I think Warren Buffet invests, buys and holds for a long time, in simple businesses. Carlos Slim does the same, buys and holds for a long time but he also believes in market timing a bit more than Warren Buffet.
So far, Carlos Slim has invested in Bronco Drilling, Saks Inc. and New York Times. I think he figures that the market will go down more and I expect to see more investments in equities from him. I think when Carlos Slim makes his next stock purchase, that will probably be close to the market bottom.
Warren had made an investment in Pier 1 Imports several years back, its stock price is 15 cents now. Recently Warren Buffet took a loss for buying Conoco Phillips when its share price was too high, he did not anticipate the severity of the recession!!. Recently he has indicated that the market is going to be in shambles. We live in interesting times.
According to media reports, Department of Health and Human Services finds that health care costs per person to be about $8,160.
 A Thrilling Ride Starring Woody Harrelson, Ben Kingsley and Emily Mortimer, TransSiberian is one of the memorable movies that I have seen. Ben Kingsley is excellent, excellent, as the Russian detective and this was no surprise. He says “In Russia, we have expression; with lies, you may go ahead in the world, but you may never go back.“ Emily Mortimer is outstanding, very impressive. As a mild warning, there is a torture scene and its a bit graphic. The movie has a good end. The director is Brad Anderson.
After you watch this one, let me know your thoughts about it.
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About  I am a Civil Engineer from Louisiana State University. The compound word, Americaneer, is a combination of the words, American and Engineer. |
