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Taliban downgraded Faisal Shahzad after the botched Times Square bombing.

Image via Wikipedia The Taliban downgraded Faisal Shahzad after the botched Times Square bombing. Now, instead of 72 virgins, he gets 72 vegans. Related articles Pakistani Army officer arrested in connection to Shahzad (hotair.com)

Richard Blumenthal says he will not apologize for misleading people about his military record.

Image by Getty Images via @daylife Richard Blumenthal says he will not apologize for misleading people about his military record. He says he misspoke, using the word “in,” instead of “during,” in reference to Vietnam. Sort of like using the word “misspoke” instead of ”lied.” Related articles White House stands behind Blumenthal (seattletimes.nwsource.com) Video: Former [...]

Why the Dow Jones could be under 5000 by mid-2011. Money is likely best put into real estate now.

Where is the Stock Market Going Now?
After extreme volatility in the stock market, traders and investors are trying to decide which way the market will head. Kevin Cook, market analyst at Peak6 Investments; and John Lekas, chief executive at portfolio manager at Leader Capital shared their views. They had vastly different views, and Lekas even sees the Dow going to 4200-5000 by mid-2011.

Buy When There’s Blood In The Streets, Bad Times Make for Good Buys

Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family, is credited with saying that “The time to buy is when there’s blood in the streets.”

He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon. But that’s not the whole story. The original quote is believed to be “Buy when there’s blood in the streets, even if the blood is your own.”

Supreme Court declared that sex offenders can be held indefinitely unless they hold Oscars…

The Supreme Court declared that sex offenders can be held indefinitely, even after their sentence is complete if they are considered dangerous — unless they won an Oscar or they have a lot of friends that are celebrities.

“Robin Hood” a communist?

“Robin Hood” opens this weekend. Robin Hood is famous for stealing from the rich and giving to the poor, which made him a folk hero in 12th century England. Nowadays, we call that sort of thing “communism.” Hehe.

President Obama said he’s an…

President Obama said he’s angry and frustrated with the oil spill in the Gulf and the oil companies behind it. (cont) http://tl.gd/1bjtuu

Expert: There Is a China Bubble, But It’s Not About to Burst

Expert: There Is a China Bubble, But It’s Not About to Burst Monday, 17 May 2010 08:11 AM Contributed By: Dan Weil A financial bubble may well be brewing in China, but that doesn’t mean it’s about to burst, says Bill Bishop, an investor and former executive in China. In the wake of a prediction [...]