FinancialBounce.com

On the brink of finacial collapse? I’ve heard that many times over and over. I actually have a phone conversation with a friend whose friends stock portfolio went from $1,000,000+ to a little over $60,000. Apparently he’s having a panic attack–his portfolio consisted of Bank of America and Citi stocks. Yeah, bad.

I haven’t exactly posted much in the last two months since I have taken a break from reading about financial news. I’ve been trying to focus on just taking care of things and trying to scrap together a couple of pennies. Other than that, America’s in a real crapper right now. Unemployment is at its highest and Obama says he won’t tolerate anymore job losses. I hope he can stick by that, since I personally know many friends who have been laid off (especially my friend George who worked himself to the bones to get a good job at Merril Lynch–buh bye!). So, what am I going to do for this post rather than just continue mumbling about random personal things? I want to post a couple links to articles I found interesting online in the last week or so. Hopefully they do a better job at exciting your interest than this boring and dull article will :

Obama to Lift Ban on Embryonic Stem Cell Research – Start of a new beginning? Lift on stem cell might help. There are even reports on artificial bone creating being successful.

A company that shares $9 million with its employees; has no layoffs, and has had profits every month since it hired its first employee in 1995? Seriously! – At least someone is making some money.

US stock transaction fee increased 400% by the SEC. – Stock price transaction fees about to hit the roof — 4X. Damnit.

Inventories of Unsold Homes Plunge, Along With Sales. Are people pulling their houses off the market? – Housing market right now is bad… why bother selling now?

The financial system IS working because market participants do not want to invest capital in unproductive activities or banks, lawyers and accounting firms that engage in fraud. – Interesting article. Worthwhile read

Organic Farmers Could be put out of business – Youtube video I figured I’d post up. Not exactly sure why, but why not?

Well, there you go! A couple articles for your financial bounce reading enjoyment. I might be making a comeback with the blog, so stay tuned!