Banking is Profitable

Among the five most profitable businesses in the U.S. last year, two were
banks. Citi Bank and Bank of America. Walmart did most business and
Exxon Mobil was the most profitable company in the U.S.

Is your Home a Good Investment?

I just read in the Motley Fool News that a home is a bad investment. Robert Kioysaki who wrote Rich Dad, Poor Dad is of like opinion. They are not saying not to buy your own home,
just don't view it as some great investment. Whatever you do , do not buy one you can not
afford, or one that is price to high.
It's no disgrace to rent and with the extra money, you can put in Money Market Savings Account , or some other Money Making Funds .

What happened to trickle down economics?

Well the price of oil has gone back down. Yet you go to the gas station and the only place the
price seems to be headed is up, up , and away.

The Brits have Come Home

The British sailors and marines are back in England. This has helped the price of oil come down
in the world's market. Employment is at a 5 year low in the U.S. And Wall St. has a joyous
holy week, the bull is still around.

New Central Financial Corporation goes bankrupt

"Another One Bites the Dust" - New Central who specialize in sub-prime mortgage loans is
another sad story connected with the housing market.
Many a stockholder probably wished he had just kept his Money in the Bank.

Can things get any worse?

Bernacke is worried about inflation. Home Prices weaken. Oil prices keep rising . And today
the stockmarket is down. Delta is putting its stock for sale again on the New York Exchange.
Scandinavian countries are becoming tops at technology innovation, while U.S. falls behind.
Iran keeps flexing its muscle.

Excerpt From Bloomberg.com

March 23 (Bloomberg) -- TD Banknorth Inc., the U.S. consumer-banking unit of Toronto-Dominion Bank, plans to cut 400 jobs and close as many as 24 branches in New Jersey, New York and other states after profit declined in five of the last seven quarters.