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MOST SHARED
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- Keeping America Great
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- December To Remember?
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- Oil Tomorrow
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- Predictions 2010: Technology
- Trading 2010: Gadgets
- 8 Stocks to Gain on Obama's Afghan Plan: Analysts
- BofA On Proposed Changes In The Housing Bailout Program
- The Future of The Media Landscape
- November Auto Sales Muddle Along
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- Stick with Equities—Avoid Emerging Markets: Laszlo Birinyi
- Pfizer Chomps On A Carrot
- Predictions 2010: Technology
- Predictions 2010: Consumers
- Who Were the Biggest Winners And Losers This Year?
- GE, Comcast Complete Deal Over NBC Universal: Source
- US May Raise Rates Before Jobs Recover: Fed's Plosser
- Cramer: Watch Tech Stocks Wednesday
- Stocks Likely Don't Need Santa to Keep Rally Going
- Larry Kudlow's Open Letter to Tiger Woods
- Super Fantasy Christmas Gifts of 2009
- AIG Slashes US Debt Under Deal With New York Fed
- Seamstress Fined $5.7 Million for Insider Trading
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Funny Business
I continue to gather more evidence that things have changed. Send me your observations, boiled down to a couple of sentences, and send pictures, too!
A REAL ESTATE COLLAPSE THAT'S OUT OF THIS WORLD
The "Moon Embassy" in the Czech Republic has seen land sales drop off significantly. Officials there have been selling lots on the portion of the Moon the Czechs claim is theirs, under an international agreement which shares rights to our only natural satellite. Moon land sales started...waning...in January and February, and so prices are being slashed 20 percent. In case you think this is a joke, here's some video of the Moon Embassy in Prague (without narration).
LESS FOOD, LESS FAT
MW wrote in about the upside of food shrinkage:
"I bought a loaf of fresh-baked San Francisco sourdough bread at Ralph's in the bakery section. The next day when I opened the loaf, I noticed the slices were smaller. All alone in my kitchen I heard myself laugh at the simple solution the economic crisis had brought to America's obesity problem--less bread, less calories."
RETAIL BOOMING IN ONE SECTOR
LO went to a Southern California factory outlet mall:
"Walked by the Coach [COH
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] outlet. Thought, 'I need a new wallet, let me see the deals'. Walk in...place is a zoo, zoo. Line for registers circles the store. Twice. As soon as I get in, they start to cut people off and form a line outside to get in. People have tote bags full of bags, wallets...Everything between 30-50 percent outlet prices. It's unbelievable."
MCMANSIONS AT HAPPY MEAL PRICES
An LA-area home which provided the backdrop for ABC's [DIS
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] "The Bachelorette" has been on the market since June, and the price keeps dropping. The Los Angeles Times reports that the 8,000 square foot mansion in Agoura Hills, complete with six bedrooms and 7.5 baths, was originally listed for $13 million (ok, $12,995,000--why do they do that? I'm not stupid!). In October the price dropped to $8.75 million, and it's now listed at $6.75 million, a 48 percent discount to its original price. Why make an offer now? At this rate, by June, you can pick it up with your reduced AIG bonus.
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A SLAM DUNK DECISION
The Lakers may win it all this season, but that doesn't mean fans can afford the extra cost such notoriety usually brings to ticket prices. The Los Angeles City News Service reports that the team is freezing ticket prices for next year, the fourth pro team in Southern California to do so, after the Dodgers, the Ducks, and the Galaxy (our soccer team--yeah I know, remember how David Beckham was going to catapult soccer to the top of LA sports?). The cheapest Lakers tickets will remain $10, while the lower bowl seats will top out at $260. Lakers Executive VP Jeanie Buss says, "We are determined not only to continue fielding a team that enjoys a high level of success on the court, but also to keeping our games affordable for our loyal fans, the heart and soul of the team."
CASTLE FORECLOSURE
You know times are tough when castles are getting foreclosed on. The Canterbury Castle in Portland, Oregon, has been in foreclosure for some time, but the bank can't find anyone to buy the place. What's more, the city says the castle needs a major million-dollar renovation for safety reasons. Stones in the walls could fall off and hurt someone below. Here's a clip of the castle, as Ross Caron of Portland's Bureau of Development Services explains the safety issues, followed by neighbor Georgette Pan, who lives near the castle walls.
Questions? Comments? Funny Stories? Email









