InvestYoung

Advisers Say Take It!

The advisers to General Motors Corp bondholders saying take the new deal. The new deal is going to give them 25 percent of the new reorganized GM. And of course the U.S. Government will still take on a huge ownership stake. So now is the time to get the candle and lighters out and wave them in the air, because GM is done as we know it. In case your wondering, no matter what the bondholders area to GM still will file for bankruptcy, it just makes it easier and faster for everyone involved. When everyone agrees up front the whole process is done and over with in just a few months. What is happening here is GM is giving ownership to everyone it owes money to. If the bondholders didn’t agree with the deal it would take many months to sort through, which means massive job loss. Anyway, it should be interesting to see how this will all play out.

The World Is Watching!

As most of you have already read, or at least heard that Jon and Kate Gosselin of the reality TV show “Jon & Kate Plus 8,” are rumored to be getting a divorce, again rumored. There are also rumors of infidelity, by both of them. Me personally, I can careless, I don’t watch the show, and a matter of fact I don’t think I’ve ever watch a show the whole time it’s been on. I’m only writing about it because I think it’s all a joke. I think the ratings are down, and what better way to raise them. Once the word got out that there was infidelity people perked up and starting watching to see how it was all going to play out. People love to see other people’s bad luck. But for the most part, their doing this to themselves, Jon and Kate.

Here’s what bothers me the most about the show. Their show casing their kids to the world, which I feel is wrong. But then again if they didn’t have so many kids there wouldn’t be a show. And if people stopped watching there would be no show. However, if I had that many kids, and got a show like this I don’t think I would show everything. Like the big party they had for the kids, which could have been paid for by PartyPail, not sure though. I would keep that out of taping, but that’s what the network wants, and I’m sure the family wanted it as well. I’m here to also tell everyone that Jon and Kate don’t take care of those kids on their owe. They have helpers most likely for every kid. The show is fake, and the ratings are sinking, that’s a fact.

Not Right!

I was just reading that the makers of Slumdog Millionaire isn’t really following through with helping the kids in the movie. They say they are, but the families are reported different news on that. Slumdog Millionaire made almost $400 million, which this number is still going up on DVD sales. The real actors, the kids are getting nothing. The makers said there is a trust fund setup to purchase homes for the families, come on, really. There should be a trust fund in the millions for the kids now to live on and the bulk should be paid to them when their 18 years old. This way they can live a good life now, and stop the parents from taking all the money. But that will never happen, the makers of the movie will move on in a year and forget about the people that made them millions. If you ask me, we should boycott this movie until the makers help these kids, the right way. So don’t buy this movie until these kids and their families get their cut, after that’s the right thing to do.

Time To Pay!

The federal appeals court today agreed that top tobacco companies are guilty for racketeering and fraud. Most all top tobacco companies where found guilty of these charges in 2006. I’m not going to name them all out, I think you know who they are. This battle has been going on for over 10 years now. These tobacco companies knew their products where killing people, back in the 50’s, and they did nothing about it.

Part of the requirements tobacco manufacturers have to change the way they sell their products. Plus they need to remove the labels “low tar,” “light,” “ultra light” or “mild.” That’s because there is no such way to reduce the tar going into your body. I think these tobacco companies should be forced out for good. They created a product that kills people. And the sad thing is that people today still smoke, makes no since to me. There are so many ways to stop, but people still do it. Anyway, most of these tobacco companies are going to appeal to the Supreme Court. And when the Supreme Court shots them down it will be time for them to pay up.