Blumenthal

I am voting for Blumenthal mainly for two reasons; one he is a democrat as i am also, and because his views on the jobs in this state, and his passion to create more jobs. I hope he lives up to his word  by creating new jobs, because i feel we really need new opportunities. With creating more jobs, it can only do one thing for our economy and that is go up. I also like him for his views on pro-choice. I believe that, that decision should be up left up to the woman or woman and man in that particular situation. Blumenthal has been backed  by planned parenthood, and they have always had a positive reach in my community, and I am all about putting my community first. Therefore, I hope he delivers on to what he promised, but at this point i guess only time will tell.

Bloomberg.com verses Fool.com

     I chose to compare Bloomberg.com to fool.com, both financial websites, with totally different reputations. To start  you figure Bloomberg.com is going to be accurate and reputable by just the name, Bloomberg; named after Mike Bloomberg, the current mayor on New York City. Once you proceed to the site, visually, you can see it is well structured, and under the majority of the articles they have the authors name and even where he can be reached and located at.
     Compared to fool.com, where as soon as i loaded the page, you are directed to a website based pop-up, from a third party. I then proceeded to look at it from a visual outlook, and the website looked choppy and non-structured, and is definitely a little less budgeted than bloomberg.com. As you click on the articles on fool.com most were properly written, but didn't have any contact information or any general information on the writer at all. What they did have was a comment section under the article where you can rant and rave about your own opinions in the article. Even though both websites are financial websites, the information portrayed could be very different, do to the reputable writers depicted on one compared to bloggers on the others.

Struggling Bailouts

     After the Treasury Department bailed out numerous banks, a great percentage of them can barely survive, in this present day. Some ask how can that be, some would say it stemmed from their acceptance decision. Some officials of the treasury overlooked a lot of financial problems that seemed questionable to them. They also are getting plenty of heat due to the fact, that they should have been able to track and manage decisions by the problem  banks. These decisions meaning, which banks could repay, the others that could apply and last, and lastly the ones who could not pay or got rejected.
     Others are hoping the new program, which will give out thirty million billion to small banks, will not face the same problems stemming from the previous paragraph. The big plus behind this is, they will be offering the banks the governments money at a  low rate, which is a plus for repayment.The number of banks on the governments problems bank list are rising, and as of June, seventy eight banks were questionable in their effort of surviving.

WAL-MART or MASSMART

     One of our countries biggest retailers Wal-Mart is trying to expand overseas and buy South Africa's retailer Massmart. This makes the expansion that Wal-mart was looking for and into overseas, but just not in South Africa. The Crime rate is very high in South Africa and they also have a twenty four percent unemployment rate, which is very high. Massmart own 290 stores in over 13 countries in the continent of Africa, and with Wal-marts business making over 25 percent of their revenue, this would be a power move. Although the move is still up in the air, it is very possibly, but more than that a great opportunity for the Wal-mart company.
    
     Wal-mart expanding overseas to South Africa sounds like an smart move. With as many stores as the current retailer Massmart has, it only makes sense to take the third largest distributor of consumer goods and put an American brand name behind it. With Wal-marts added selection and concrete structure, the store will run smooth into its transitions from name and brand. The only and biggest problem i see aside from shares, would be that South Africa is very unionized, where Wal-mart is totally against the union. The potential is their in this growing urbanized economy, which means their is only more room for growth.

Autumnal Equinox affects the Stock Market.

     An Equinox is when, "the tilts of the earths axis are inclined, from neither away from the sun or towards the sun". In sense, what happens is the day time and night time are around the same time length. This happens twice a year, in March and September. This can be scary for the stock market, because the equinox that falls in September generates bad business, on top of the market lows that happen in September.Some believe that this is all speculation talk, but unfortunate actions have took place around that time in previous years, that state otherwise.
     One being the New York Stock Exchange great crash in September, 1929, Stocks peaked then came crashing down into an all time low. The stock market also crashed after the September 11th attacks on the world trade center, which doesn't pertain to the equinox, but is a misfortune that happened in the September month. From 1958 to 2008 September has had, " the most declines" and "lowest average returns", said in Dow Jones industrial index.Whether or not these actions that happened in September were routine, or coincidental, facts in reports depict September as the low month, and have reputable facts backing their statements.

BP passes blame

     Oil company BP, after being under investigation and close watch, due to their involvement in the oil spill in the Gulf of Mexico is now passing blame onto their contractors, Haliburton and Transocean. On April 20th, there was a deadly explosion that killed eleven workers, that led to this. There were three main problems,a pressure test that was misread,  unstable cement and an, " improperly maintained blowout preventer". After the recorded findings, both company's starting pointing fingers at each other. BP claiming the problems stem from, "poor human judgments, engineering design and mechanical failure".While Haliburton goes on record stating that the problem is within BP's well design. Until greater evidence surfaces with more thorough  investigations, BP and its contractors will be at an uphill race to determine who will take claim for the biggest oil spill in U.S history.




     After reading about the oil spill and the grave danger it caused, now is not the time to be, "pointing fingers" at one another. BP at one time was taking full responsibility for the spill and tragedy, they even had tv commercials stating this. BP then takes back full responsibility and blames the problems on their contractors, Haliburton and Transocean, who have more valid and concrete facts than BP. Both contractors have documentations stating they have told BP about their many problems and what should get fixed. BP  has reputable knowledge about the matter, even though most of their workers are all, pleading the fifth amendment.  Emails surfaced containing jokes about the, "death well", and the "nightmare" as it was so commonly refereed to. Bp needs to take action and instead of passing blame to the next parties, and figure out a way so this never happens again.