Wednesday, May 14, 2008

Domestic News

Hillary Clinton won West Virginia, six more primaries left before the convention.  I know that if she gets the nomination I will be a happy woman.  This is a step forward for the rights of women.  

But is it?  Does the first woman president want to get there because of being a past first lady?  Do we want the first female president to forge the way for female rights to be beholden to a husband because he was president first?

I don't know once again but as a voter I ask these questions.  It is sad that the first female presidential candidate was first lady.  It is as if she tasted power and is drunk on it.  

I am a Hillary supporter until the end of the primary season.  I will support Hillary if she has the nomination for president, but I wonder...

Tuesday, May 13, 2008

Credit Agricole-Fench bank Problems

I have never read in my life about bank asking share holders for money.  Well, I guess I did today on BBC.  France's largest bank is in trouble.  Credit Agricole has asked for 5.9bn euros from its shareholder to get it out of a financial crisis.

Will this happen here in the USA?

I am not sure about that, but... with everything going on today with mortgages that were not well written, share holders might have to shell out money or not receive huge dividends.  

I am not against share holder making money, so cutting back on dividends is a bad idea.  It is also bad business to ask share holders for money.  A share holder has already loaned a company money for the right to own a share.  But to ask for more you might as well be selling bonds not share.  

I could be wrong but I don't think so this time.  This French bank is in huge trouble; is this a sign of more trouble to come.

Monday, May 12, 2008

Mother's Day.

I did a lot yesterday, but not a lot of reading.  I did see a head line about 28,000 people that drowned trying to get supplies to Myanmar.  

That is an on going terrible event.  I hope the military government starts giving out the emergency supplies that they have confiscated.  

I had a good mother's day, I hope my readers did too.