Can I have a beer man?

Wayne from Times Square

Deutsche Bank downgraded General Motors Corp. to sell from hold, with a price target of $0

Deutsche Bank downgraded General Motors Corp. to sell from hold, with a price target of $0

Deutsche Bank downgraded General Motors Corp. to sell from hold, with a price target of $0, saying the car maker may not be able to fund its U.S. operations beyond December without government intervention

I think this is the first time I have seen a price target of zero on a stock. Wow that is amazing. I do however think that the US government will bail out GM and other auto makers.

http://www.marketwatch.com/news/story/deutsche-bank-views-gm-shares/story.aspx?guid={5BBC7AEE-1D84-40F6-95E2-241FB03C17EC}&dist=msr_8

Foreplay is overrated, according to researchers

Foreplay may be overrated according to a survey based on 2,300 women, which found that it has little or no significance when it comes to the likelihood of having an orgasm.

I will have to let my wife read this article. Here is some of the interesting stuff

In the study, reported in the Journal of Sexual Medicine, the academics quizzed a representative sample of 2,360 Czech women of all ages about details of their sex lives, including orgasmic consistency with a partner along with estimated duration of foreplay and intercourse.

Results show that for the women in the study, the average duration of foreplay was 15.4 minutes, and intercourse, 16.2 minutes.

The researchers point out that 16.2 minutes is considerably longer than reported in American studies, where intercourse was found to last on average seven minutes.

They added: "It could be that this reflects, a greater appreciation of intercourse and sensuality by Europeans than by Americans."

Interesting

they suggest that the longer intercourse lasts, the greater the probability of orgasm for the women

Well, that I would call a no-brainer, what else can you expect, the longer intercourse lasts, the smaller the probability of orgasm for the women? I don't thinks so.

The link to the story in the Telegraph is here: http://www.telegraph.co.uk/news/newstopics/howaboutthat/3405928/Foreplay-is-overrated-researchers-claim.html

Michael Crichton, Author, Dies at 66

Here is some sad news :-(

The family of Michael Crichton, the million-selling author of such historic and prehistoric science fantasies as "Jurassic Park," "Timeline" and "The Andromeda Strain," says the author has died in Los Angeles.

Crichton died Tuesday at age 66. He had been privately battling cancer, his family said.

http://www.nytimes.com/aponline/books/AP-Obit-Crichton.html?_r=1&hp&oref=slogin

I have enjoyed his books a lot, my favorite ones were
Congo
Timeline
Prey
Jurassic Park
The Lost World

Chinese Factories Closing by the Tens of Thousands (67,000 Were Closed In The First Half Of This Year)

The Los Angeles times has a story about how factories in China are closing at an alarming rate.

First, Tao Shoulong burned his company's financial books. He then sold his private golf club memberships and disposed of his Mercedes S-600 sedan.

And then he was gone.

And just like that, China's biggest textile dye operation -- with four factories, a campus the size of 31 football fields, 4,000 workers and debts of at least $200 million -- was history.

"We're pretty much dead now," said Mao Youming, one of 300 suppliers stiffed last month by Tao's company, Jianglong Group. Lighting a cigarette in a coffee shop here, the 38-year-old spoke calmly about the bleak future of his industrial gas business. Tao owed him $850,000, Mao said, about 60% of his annual revenue. "We cannot pay our workers' salaries. We are about to be bankrupt too."

That is pretty messed up, even China Printing & Dyeing Holding Ltd went belly up.

If the US is in a recession the whole world soon follows.

If Obama wins today then India will fall big time too, Obama doesn't like the outsourcing business and might start penalizing companies who do so.