What exactly defines crazy town . Its the worshipping of the false god of higher oil. Or even the demigod of slightly higher oil. This bullish stock pandering to the rising stock of oil was a threefold impact on the market that defines crazy town because its so darn positive. Why do the bulls like what do they like about all of us paying more at the pump or having our goods be more expensive because of the cost of energy . First to the crazy town aficionados, higher oil means less stress to the system. We are nowhere near the point where we dont need to worry about oil and Gas Companies going belly up. We need it at 45 a barrel to keep most Companies Alive in this country. Theres some cheaper oil, but its being used up by cash strapped firms going after the lowest hanging fruit in the portfolios. Trouble with Oil Companies can sell futures and lock in, say, 50 bucks a barrel which keeps them around to play on and maybe pay dividends. At this moment were 9 away from that 45 level even a
False god of higher oil. Or even the demigod of slightly higher oil. This bullish stock pandering to the rising stock of oil was a threefold impact on the market that defines crazy town because its so darn positive. Why do the bulls like what do they like about all of us paying more at the pump or having our goods be more expensive because of the cost of energy . First to the crazy town aficionados, higher oil means less stress to the system. We are nowhere near the point where we dont need to worry about oil and Gas Companies going belly up. We need it at 45 a barrel to keep most Companies Alive in this country. Theres some cheaper oil, but its being used up by cash strapped firms going after the lowest hanging fruit in the portfolios. At 45 so far from here the trouble with Oil Companies can sell futures and lock in, say, them around to play on and maybe pay dividends. At this moment were 9 away from that 45 level even after todays big run. Thats pretty darn fun. Anytime we get away
How could it happen in what is supposed to be a secure facility . Some say the jailhouse culture is to blame . Reporter jessica, and janelle, the corps for says michael tirrie died after a betting up there on the sixth floor. And tonight we are finding violence inside this jail is not unusual. Once the door and closed their own rules apply. Reporter the director of the Human Rights Program at san jose state say guards make the rules of what goes on in jail. After researching what goes on inside, he is not surprised three santa clara correctional deputies are accused of beating 31yearold michael, the yrie and leaving him to die at the facility. We in california are failing to provide the zpilts the beds necessary for the mentally ill population. Until we do so and continue to house them in james, which are not equipped, we are going to see problems. Reporter this video shows an additional incident between deputies and an inmate at the jail. Sources say it was taken years ago but none st
Immigration is a disheartening spectacle, mr. Byron york says, and i think thats true. Another Associated Press article rarecently said this, backlash stirs in the United States against more Foreign Worker visas. But amid cause for expanding the nations socalled h1b visa program, there is a growing pushback from americans who argue that the program has been hijacked by Staffing Companies that import cheaper, lowerlevel workers to replace more expensive u. S. Workers, or keep them from e getting hired in the firpin the first place. It is getting pretty bad when you cant compete for jobs said a veteran Computer Programmer in boston. You hear references all the time that these Big Companies cant find skilled workers. Im a skilled worker. How about this paper. The stem crisis thats science, technology, engineering and mathematics. There are not enough stem graduates to fill the job needs. This article says this the stem crisis is a myth. Oche ed by robert sharet, contributor he hadder ifer
Investors have reverted to seeking growth regardless of the state of the economy. That was the under current behind the averages down gaining a point. And then nasdaq advanced 0. 19 . Where did we see growth . Today it came in three sectors, bio tech, housing and the group i like to describe as the cold stocks. We are always trying to find order in the market attempting to link the stocks that are going higher with some established pattern or data point. Todays session without official release of data made for erratic pattern free trading. The context of the nfl we have broken field running today, divorced from data other than perhaps singles day in china. Housing. The one thing we know Housing Needs Going Forward is low Interest Rates. We got them and we are beginning to see results. At last we have strong pricing and data from Toll Brothers and dr horton which reported today. You can always tell when a new trend overwhelms the negativity of a sector because investors will start overl