Trump on Trump: Testimony Offers Glimpse of How He Values His Empire

http://finance.yahoo.com/career-work/article/107103/Trump-on-Trump-Testimony-Offers-Glimpse-of-How-He-Values-His-Empire

Georgia Man Arrested in Fatal Shooting of Rapper Dolla

5 W'S & H:

WHO?- The 23-year-old Georgia native, Aubrey Louis Berry.

WHAT?- He was arrested.

WHEN?-On the night of Monday, May 18, 2009.

WHERE?- At the Los Angeles International Airport.

WHY?-For the murder of up-and-coming Southern rapper, Roderick Anthony "Dolla" Burton II and gun possession.

HOW?-He fatally shot him while at an L.A. Mall while Dolla was in his Mercedes-Benz.

T.U.L.I.P:

This article most exudes Impact because he was a popular new artist trying to make a name for himself.

SOURCES:

Vannasing, Dolla's publicist.

-This article is most interesting to me because it is about a popular rapper whose lost his life due to the rapidly rising murders in the United States. It was very sad because he had a promising career that he will never be able to have now.

http://www.foxnews.com/story/0,2933,520635,00.html

'Star Trek' Takes Off With Box-Office #1

5 W'S & H:

WHO?-The latest installment of the Star Trek series hit theaters.

WHAT?-The revenue of the movie was 76.5 million.

WHEN?-The movie was released this past weekend of May 7th through May 10th.

WHERE?-The movie was released nationwide in movie theaters.

WHY?-Moviegoers went and supported the movie this weekend.

HOW?-Critics gave positive reviews and moviegoers surrounded good buzz for the movie.

T.U.L.I.P:

This article most exudes Timeliness because this article is about a movie that was just released this past weekend.

SOURCES:

Elisabeth Rappe

-This article is most interesting to me because I wanted to see this movie and now that I know it received good reviews I will be going to see it soon.




http://www.mtv.com/movies/news/articles/1611010/story.jhtml

Obama the first Asian-American president?

THE 5 W'S & H...

• WHO?-President Barack Obama
  


• WHAT?-Leader for Asian=Americans.



• WHEN?-Present

WHERE?-Overseas in oriental countries

• WHY?-He wants to help all walks of life including those who underrepresented. and his sister is of Asian ancestry.



• HOW?-Improving immigration laws, offering financial assistance etc.

TULIP...

This article best desribes the feature of Prominence because it it very important to our society as of now.

SOURCES...

Mike Honda, Congressional Asian Pacific American Caucus representative.
Helen Zia, prominent Asian-American scholar and activist.
Bob Lee, retired telecom executive and former chair of the Committee of 100.
Sanjay Puri, chairman of the US Indian Political Action Committee

WHAT MAKES THIS INTERESTING...
This article is interesting to me bacause the title of the article was very obscure and grasped my attention. Once I began reading it, I was more intrigued because the media does not visualize ALL the other things Obama has done for undderepresented minorities in our American civilization.

http://news.yahoo.com/s/afp/20090427/pl_afp/uspoliticsobama100daysasia

My REFLECTioN

Throughout this research blog, I was well-educated on a topic that can affect almost anyone today. I learned that a recession is any downturn in finances for an country as a whole. I also was informed about how crooked mortgage companies were using money that never existed which is what aided in our national debt of $750 billion dollars.
I also learned about how our new president, Barack Obama, is working on a bailout plan. as a way for us to basically start over as a nation (sort of like bankruptcy, but for the entire country). He has also made a proposal for a current stimulus package to help recover from all the job losses we are facing. The most recent unemployment deficit is at 8.15 as of February 2009.
The other thing I learned about was subprime lending. Loans are given out without an accurate credit check to prove their yearly income and they are not aware if whether or not the borrowers could pay the loan off. See, in order for our country to use those mortgages in replace of bonds we have to have some sort of stability known as Mortgage-baked security. Our country’s amount of loans was showing no increase so their was not enough mortgages to sell as bonds.
Many see the recession as an elongated crisis or depression. When it actually is not. If Obama’s plan for a bailout all goes well, the recession could end by first quarter of 2010. While when the recession first started, investors and political figures saw our nation in recession for a possible extension of an outrageous 14 years! Thanks to Obama we do not have to endear such agony.
All in all, I really enjoyed this blog assignment because my topic was really easy. I say that because event though the topic is so detail and explicit, the fact that it is taking place now makes it all the more easier to research, refine, and review in order to create my blogs.

SUb-pRiME LENDiNG;

I watched a video on a very detailed outlook what caused the recession. from this video I learned that the recession in actuality began because of sub-prime lending. Sub-prime lending is financial loan companies lending to unfit borrowers who are not financially stable to pay the loan back. Sub-prime lenders do not perform background checks and credit reports to see if their borrowers are worthy of loans. A sufficient, accurate background check for lending involves a precise scroll of whether or not the borrower has filed for bankcruptcy or if their information is so limited to obtain precise credit history.

These loans were known as NINA, No Income No Asset. NINA is what caused subprime lending. The breakdown of the what we call "the global pool of money". The global pool of money is all the money either loaned, borrowed, and held by the world. This money is guarded by investment managers whose confusion of what to do with the money because they are unsure of how to sustain the money and make it multiply. Somehow, they were mislead to believe to invest all their money into ceratin areas primarily the United States housing market. Foreign countries with bonds in the U.S, were let in on the U.S housing market success.

For three years, between 2003-2006, the housing market was roaring successfully. The demand for bonds by other countries became rambunctious. There was not enough bonds to be given. Therefore, buyers acquired up lump sums of mortgages and turned them into "bonds" and sold them to eager investors. This is what is known as a mortgage backed bond.

However, there was low supply of mortgage because those capable of having a mortgage already obtained one. This is where the climax comes in.

Loan lenders changed their rules for money advances. They would allow borrowers to simpy state their income. While the original regulations involved a definite background check. This is what essentially drove us into our national recession.

dEEpER oN THE RECESSioN

Many are unsure or confused about what a recession really is. A recession is any sudden or steady downward shift in economics for a country. In simpler terms, a downfall. Here are some helpful facts about the recession. Just 11 things you need to know about the current recession.

> The most infamous recession ever was the Great Depression which lasted a whooping 10 years! (That’s a whole decade) However, this recession is closest in disaster.
> Obama has just recently signed a $787 BILLION dollar stimulus bill due to fear the recession may get worse.
ü Detroit, also known as The Motor City, has seen drastic economic downfall since the consistently crashing automotive sales.
> On that note, GMC and Chrysler Motoring Co. have proposeda $22 billion dollar bailout and in return have promised to lower worker’s pay.
> No state is safe. Just recently, California announced that on Tuesday, February 17, 2009, that 20,000 employee’s job will be short-lived.
> One state have found at least one solution to saving money, Pennsylvania can honored for the latest trend in grocery shopping. Grocery BIDDING! Yeah, it’s true. Consumers are switching from shopping lines to bidding signs. These auctions take place in other states also like Michigan, Ohio, and Indiana.
> The recession is definitely not just a U.S. issue, it’s GLOBAL! Just some of the other parts of the world being affected are China, Latvia, Sri Lanka, New Zealand and most recently Canada.
> This recession will be the longest downfall for America since WWII. (Expected to end sometime during the first quarter of 2010.)
> Causes of a recession, this one in particular, are overproduction, war, price of fuels, and mainly sub-prime loans.
> The United States of America current unemployment rate is a sprouting 8.1% nationally as February 2009.
> NEWSFLASH! Most Americans blame Bush for nation’s present debacle.