INeedAttention.com

The recent subprime mortgage meltdown and subsequent meltdown of a Bear Stearns hedge fund that invested heavily in subprime mortgage securities has caused quite a bit of heartache in global capital markets, leaving all three major broad market indexes in the U.S. down for the month of July. Usually, the markets close up on a monthly basis, as the markets tend to grow in general. But speaking of meltdowns, check out Jim Cramer absolutely freaking out two minutes into this video while discussing Bear Stearns CFO Sam Molinaro’s statement that this was the “worst credit market in 22 years”. Onto the screaming:

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South Carolina’s Republican Senator Lindsey Graham said Tuesday, August 7, 2007, he will introduce legislation to replace all paper Social Security cards with plastic biometric cards that “can’t be duplicated”, so employers can be certain of the legal status of their workers. Because of course, businesses that hire illegals would be absolutely shocked to find out that Umberto the bus boy’s social security card, made with perforated business card stock from Staples, and signed in Crayola crayon, might not be authentic.
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This is the first time I’ve ever seen eye-to-eye with Dick Cheney on any issue. Transcript follows below.
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Local officials in Rockland county are seeking a ban on offensive advertising after a grand opening advertisement for an adult store infuriated a handful of whiny, uptight, sexually repressed residents. According to the Rockland Urinal news, residents said they were mortified to see two smoking-hot bikini-clad women standing — yes, standing — in children’s-sized swimming pools and splashing — yes, splashing — each other with water while holding signs advertising the store, called The Bedroom. If women think they can just be visible in public, and splash each other playfully in pools, what’s next? Will they want to vote? Be paid equal to men? Or even worse — drive cars?
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Full disclosure: I do not consider myself a shareholder directly because I do not own shares of JNJ. However I do invest in a variety of mutual funds and index ETFs in which JNJ is a major component. That’s why I was shocked to hear that Johnson & Johnson (JNJ) is suing the Red Cross because their logo is a red cross! [Read more →]