Warning...Face"book"plant is Dangerous to your Wallet 

The greatest hype job in Wall Street history should have come fully equipped with a warning label. What was hoped for being the hottest IPO ever, has turned into one of the greatest flop or frauds of all-time. Blame can be passed around, from technical troubles on launch day to increasing the size and price of the offering but the main flaw in Facebook is, this company will have a most difficult time delivering consistent profits for its shareholders. It's a fad, nothing more and it's free. And on Wall Street, nothings free. So next time when Wall Street through the likes of Morgan Stanley or Goldman Sachs, comes touting its next best greatest most sure thing, you now have a reference point as to what can and will go wrong..."Faceplant"

Adios Califonia

California posts a whopping $9.1 Billion deficit.

California Dreaming is so over. I remember when California was the cutting edge of American culture. California was cool and all American's aspired to live a life of surf and sun. Hollywood was John Wayne and the Beach Boys sang about California Girls. Natural beauty was everywhere. Business's thrived, impart through a highly respected education system providing an abundant skilled workforce. California all by itself ranked as one of the leading economies in the world. It was a perfect merger of work and pleasure.
So what derailed the dream? What turned California into one giant welfare state? Government gone wild is my reason. Raising taxes and driving the population to more friendly confines sure got the ball rolling. Because when you over tax businesses and people, they find ways to reduce those added costs and that means relocation and that is what California is experiencing right now. A flight of their highly skilled workforce to places like Nevada, Arizona, Oregon or anyplace other that California. The people footing the bill are backing up their moving vans, leaving the state to those who choose to do nothing but remain on the governments dime. Until, there is change away from government is all things to all people, California is doomed. It's broke and it's not fixable. It's time for personal responsibility.