RichC | August 8, 2011
Double dip or not? That is the question investors are facing, especially if they are holding stocks and bonds. After lunch today the markets are still seeing heavy selling … panic selling perhaps … after the S&P downgrade this weekend. Realistically though, companies and even banks are much stronger than they were back in 2008 [...]
RichC | August 5, 2011
While checking the stock market over lunch, it was again another depressing day. The Dow continues to march down as does the Nasdaq even on relatively positive news that we did have some private sector job grow and a slightly backed off unemployment claims rate of one tenth. It now stands at a high national [...]
RichC | August 1, 2011
As I watch the talking heads on CNBC blabber back and forth, their premarket guest politicians covered their bases for the “lite” deal which in reality kicks the can down the road. It is expected that there will be enough votes to pass the small bill … enough to keep the government functioning and bills [...]
RichC | July 21, 2011
While Americans wait and watch politicians haggling in Washington DC, the stock markets seems to be banking on a deal. Mid day on Thursday, the NYTimes mid-day reported that President Obama and Speaker of the House John Boehner were close to a deal … only to have Whitehouse spokesman Jay Carney quickly say that there [...]
RichC | July 21, 2011
"Mission complete, Houston. After serving the world for over 30 years, the space shuttle has earned its place in history. Atlantis has come to a final stop." – Shuttle Atlantis Pilot Doug Hurley With its recognized dual sonic booms, Space Shuttle Atlantis touched down this morning at the Kennedy Space Center completing the final scheduled [...]
RichC | July 19, 2011
Press Conference President Obama 07/19/2011 A surprise jolt of bipartisan support emerged Tuesday for a $3.7 trillion deficit-reduction plan that had been in development for months, though it was thought to be dead just several weeks ago. Roughly half of the Senate’s 100 members sat through an hour-long briefing on the plan, which was designed [...]
RichC | July 12, 2011
A recent article in Tuesday’s Wall Street Journal highlighted what I already know about my line of work – the printing industry is losing jobs. Most of us working in printing and publishing business continue to struggle to stay a float and are wondering if business will ever come back. Thankfully I’m no longer a [...]
RichC | July 5, 2011
Just as most Americans were shocked by the verdict in the OJ Simpson case in 1995, most are once shaking their heads in the “much publicized” trial of Casey Anthony. Accused of the killing of her 2 year old daughter Caylee, the jury returned a not guilty verdict for all but charges of lying to [...]
RichC | June 29, 2011
The euro edged higher on Wednesday, supported by expectations that the Greek parliament would vote in favor of an austerity package, though wariness that this would only be a short-term solution to the country’s debt problems limited gains. News Headlines
RichC | June 22, 2011
It should come as no surprise, but after Federal Reserve Chairman Ben Bernanke delivered his remarks on Wednesday saying the U.S. economy was recovering more slowly than expected, Wall Street had little interest in continuing to move indices positive. More than likely the fact that the Fed saw no reason to tighten money supply in [...]
RichC | June 14, 2011
A story that might make more than a couple people I know smile when they go to bed tonight. (I’m thinking of my hard working brother-in-law). The hearing to determine if Cincinnati attorney Stan Chesley will be able to keep his law license to practice in Kentucky and possibly in Ohio ended in Lexington Tuesday [...]
RichC | June 13, 2011
It was a good day for pilot and passengers aboard the flying historic WWII bomber Liberty Belle (LibertyBelleFoundation.org), but not so good for those who have devoted their lives to the restoration and preservation of flying history. From the crash video above, all were lucky to be out with their lives, but the damage to [...]
RichC | June 6, 2011
Over and over again, “men” in powerful positions repeatedly show little self-control or respect for their elected positions (or their families) while serving in congress … or governorships or even as President. Today, the week long scandal involving Rep. Anthony Weiner (D-NY) and his Twitter account and the tweeting of images of himself to a [...]
RichC | June 2, 2011
The Republican heavyweight contender (at least in raising campaign funds) has announced his candidacy for presidency today at an event in New Hampshire. It was an expected move from a somewhat calculating and predictable politician/businessman – perhaps something the country needs? Former Governor Mitt Romney, a hardened campaigner, made the announcement at the Bittersweet Farm [...]
RichC | May 5, 2011
With the fascination of Seal Team Six’s operation in taking down Osama bin Laden, the timing of former Seal Team Six member’s Howard Wasdin’s new book couldn’t be better. He was interviewed by WSJ’s Lee Hawkins after the successful mission in Pakistan on Sunday and offers a little bit of detail one what it takes [...]
RichC | May 2, 2011
Hours before the world knew that U.S. Navy Seals helicoptered into Abbottabad, Pakistan, Twitter blogger @ReallyVirtual (Sohaib Athar) fired off a tweet after hearing helicopters at 1 AM.
RichC | May 1, 2011
11:36PM Sunday night: President Obama announced tonight that the world’s number one terrorist Osama bin Laden was killed today and his body is in United States possession.
RichC | April 29, 2011
The most anticipated wedding of the year took place this morning between Prince William and ‘now’ Catherine (Kate Middleton) in London. The royal event started for me, when my wife’s alarm went off at 4 AM EST, which is when she turned on the television to watch the ceremony. I suspect I was not the [...]
RichC | April 12, 2011
NASA Administrator Charles F. Bolden Jr.’s announced the locations for the three operating shuttles and one gliding prototype on Tuesday afternoon: Kennedy Space Center’s Visitor Complex in Florida – Atlantis California Science Center in Los Angeles – Endeavour Smithsonian Institution’s National Air and Space Museum in Washington, D.C., – Discovery Intrepid Sea, Air and Space [...]
RichC | April 6, 2011
The fiasco in Washington DC over the 2011 budget, legislation that should have been passed last year by the previous congress is coming to a head once again. Some think we’ll see another extension delay tactic, but entrenched politicians are getting louder and seem to be unwilling to compromise. There are those wanting to cut [...]
RichC | April 3, 2011
Citizen journalism was alive and well (‘alive’ being the appropriate word) this weekend as an emergency landing was made by a Southwest jet in Yuma Arizona. Shawna MalviniRedden, a blogger at The Bluest Muse, ‘tweeted’ comments and photos. Shortly after take off the Boeing 737 had a hole 5 foot long and 1 foot wide [...]
RichC | March 31, 2011
The annual Sun ‘n Fun air and trade show is a rite of spring for many pilots who regularly enjoy one of the premier fly-ins in the country. This year the weather in central Florida (Lakeland) did not cooperate and sent heavy ran and damaging winds through the airport ground. Early reports indicating that people [...]
RichC | March 25, 2011
Although I regularly complain about my cable bill … as well as all my other semi-necessary monthly bills … I’m thankful it isn’t $16.4 million like Daniel DeVirgilio’s recent bill. BEAVERCREEK, Ohio (AP) — Try fitting this cable bill into the monthly budget. An Ohio man says Time Warner Cable told him he owed the [...]
RichC | March 22, 2011
Although I’m not a big Don Imus fan, KT McFarland discussed the point that has been bothering me seeing the many uprisings in the middle east. At what point do we restrict our military involvement around the world to our security and national interest … and at what point do we commit our blood and [...]
RichC | March 21, 2011
The air assault on Libya on Saturday March 19th came as no surprise as the dictator Muammar el-Qaddafi continued to send his hired mercenaries into areas held by the rebels seeking freedom. The motivated, but under equipped rebels, are at a decided disadvantage when it comes to combatting Qaddafi’s military aircraft, tanks and heavy artillery; [...]
RichC | March 14, 2011
As FoxNews anchor Bret Baier commented, “This is perhaps the most chilling video yet – to see how quickly the tsunami came in.” Get the latest Flash Player to see this player. [Javascript required to view Flash movie, please turn it on and refresh this page]
RichC | March 11, 2011
After a day out of touch with the ‘goings on’ of the world, it was depressing to come back to the dock and read about the earthquake and tsunami in Japan – the images are sickening. It is hard to imagine what the death toll will be or how they will be able to clean [...]
RichC | February 28, 2011
As the crowds of protesters dissipate in Madison Wisconsin (previous post), some of the more intense union members or bussed in supporters are still sticking around to get their point across. The Capitol police in Madison have for the most part been clearing out the state house and the door have been closes to prevent [...]
RichC | February 28, 2011
On the heels of a tragic ending for the Americans traveling on s/v Quest, another sailboat has been taken by Somali pirates. According to news reports, the pirates have hijacked a family (parents and three children) as well as two others onboard. Report translated from DR.dk News: Danish sailing ship hijacked by pirates A ship [...]
RichC | February 25, 2011
NASA’s space shuttle Discovery rocketed on its final voyage about 3 minutes late due to a computer problem yesterday afternoon. Mission STS-133 (PDF Summary) is sending six astronauts into space to dock with the International Space Station and plans to spend 11 days orbiting the earth. This launch has been delayed for four months in [...]