| Wacky World: Fancy Another Pie, Fatty?
We've all been there, it's a Saturday afternoon and your favourite team are on TV. You've parked yourself on the couch and convinced yourself not to move for anything. Nuclear war imminent? Who cares, it's about to kick off! No female within 100 yards? Check! Crate of cold beers? Check! Half time snack? ......Doh! But now there is no need to worry because home delivery pies from 'Simple Simon' have come to your rescue! These pies can be ordered online , over the phone, by fax and probably even by smoke signal (although don't quote us on that one). These delicious, nutritious (probably) and generously sized pies are then delivered to your door just in time for you to mute whichever mindless pundit is trying to explain the new version of the offside rule. Lovely Jubbly, so what's the catch? Well at the moment they're only available in Harvey Nichols so you'll probably have to re-mortgage the house to afford one.
Respite's Over
The respite from Credit crisis came to an abrupt end. For the week, the Dow was hit for 4.1% (up 8.5% y-t-d) and the S&P500 3.9% (up 5.8%). The Transports fell 2.8% (up 5.3%), and the Utilities were clobbered for 4.1% (up 7.4%). The Morgan Stanley Cyclical index was slammed for 4.6% (up 16.3%), and the Morgan Stanley Consumer index dropped 3.4% (up 4.8%). The broader market was weak. The small cap Russell 2000 sank 5% (up 1.4%), and the S&P400 Mid-Cap index dropped 3.7% (up 9.3%). The NASDAQ100 declined 2.2% (up 21.3%), and the Morgan Stanley High Tech index fell 3.4% (up 17.1%). The Semiconductors declined 2.5% (up 1.5%). The Street.com Internet Index dropped 3.7% (up 19.1%), and the NASDAQ Telecommunications index sank 3.8% (up 21.3%). The Biotechs fell 2.7% (up 9.1%). Financial stocks were hammered.
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Thompson is very popular among Croatians that are old enough to remember the war years in the early 1990s. And the band quickly became a natural target for Croatia's enemies. The defamation campaign is spear-headed by negative propaganda identical to the kind spread world-wide during communist Yugoslavia. Propaganda that basically equates the entire Croatian nation and its identity to Nazism. It appears that not even a simple musician can escape anti-Croatian bias. This type of propaganda war-fare should not be surprising to American eyes or ears. We ask all interested to try and understand the political/social landscape of once war-torn South Central Europe. Starting from that position, it will be much easier to understand today's relations between peoples of the former Yugoslavia. Thompson performed in Frankfurt, Germany on April 21, 2007 As you probably know by now, Thompson is very popular in Croatian emigrant communities around the world.
Dodging a bullet
At this year's gathering of the United States Conference of Mayors in Washington, D.C., there's little to celebrate. Executives from hard-hit Eastern and Midwestern cities are calling on the federal government to assist them in dealing with the fallout from the subprime mortgage meltdown that has left thousands of homes vacant and undercut property tax revenues that fund municipal services. Houston Mayor Bill White, who passed on the conference this year, can sympathize with his colleagues' pain but is not feeling it locally. The city's economy, bolstered by a booming energy sector, has not experienced the nosedive in the housing market that has occurred elsewhere. Likewise, Texas leads the nation in job growth and single-family home starts and sales. Foreclosures in Harris County rose a moderate 24 percent in 2007, totaling less than a third of the record 30,742 that occurred in 1987.
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