08/31/11. Texas has had over 63 days of extreme High temperatures. On average over 103 degrees. Extreme Heat! As a result, Texas is in a Drought. No Rain. With this heat, Water is truly a commodity. So far the cost has been to texas $6 billion dollars. Texas cattle and horses have been suffering the most. Texas grass lands are all dried up. Ranchers have been selling off their herds. Beef prices are still high due to the International demand for beef. So ranchers have been lucky in that arena. Unfortunately the cost to feed cattle and horses is very expensive. Hay is going between $65 and $85 dollars per bundle. Very expensive. Texas ranchers are keeping their prized cows and bulls but selling the rest of the herd before they become ill from the extreme heat. Horses on the otherhand are being sold for $15 to $35 dollars per head. Some ranchers are just letting them go wild. To expensive to keep them. As a result horses are roaming nearby towns looking for water and food. With bundles of hay being used to feed cattle/live stock in the summer, ranchers fear that hay will be scarce in the winter months when this commodity is used the most to feed their herds. Bad situation. More to come, stay tune.
08/30/11. Facebook shares owned by Interpublic (advertising firm) sold half its holdings of the privately held social-networking website for $133 million dollars. Originally Interpublic bought its shares of Facebook for $5 million dollars in 2006. In January 2011, Facebook estimated value was $50 billion dollars when Goldman Sachs invested into the company. Today Facebook is valued at about $66.5 billion dollars. More to come, stay tune.
08/29/11. The Congressional Budget Office (CBO) has indicated that UNEMPLOYMENT in the United States will range from 8.5% and above till the end of 2012. Bad news for Americans looking for work. More to come, stay tune.
08/28/11. In the first quarter of 2011, the state of Illinois lost approximately 89,000 JOBS since Illinois Governor Quinn raised taxes. Our neighbor State, Indiana has gained 10,000 jobs. More to come, stay tune.
08/27/11. The average price of Regular Grade Gasoline in Chicago is $4.02 per gallon. This figure represents one of the highest priced gasoline per gallon in the nation. More to come, stay tune.
08/26/11. We at YYYC will be changing parts of this web site. The target date for changes/completion will be by September 7th, 2011. We appreciate your dedication to our web site. Thank you for your loyal support. Sincerely, James Liceaga YYYC Editor
08/25/11. Currently Republican voters have placed/ranked Texas Governor Rick Perry as the number one Presidential candidate to defeat President Obama in the 2012 Presidential election. He has 29% support from Republican voters. Mitt Romney has 19% and Michell Bachmann has 13%. These are the top three Republican candidates who have officially declared they want to be the 45th President of the United States of America. More to come, stay tune.
08/24/11. Japan's account surplus fell 11% in June 2011. That represents $6.6 billion dollars. In 2010 their account surplus was about $23 billion dollars. More to come, stay tune.
08/23/11. China's trade balance grew to $31.5 billion in July 2011. This trade balance figure is the largest since January 2009. Imports grew by 22.9% from this time last year. Exports grew more than 20.4% Their industrial production was up 14% from July 2010 compared to July 2011. China's June 2011 industrial production was a little higher. China's inflation rate is currently 6.5%. More to come, stay tune.
08/22/11. The Unemployment figure in The United States has reached about 16 million Americans. Add an additional 30% to this figure if you are counting the Americans that are not counted because they have been unemployed for over 6 months. More to come, stay tune.
08/21/11. Currently in the United States of America, the number of Americans on FOOD STAMPS is approximately 46 million people. 1 in 7 Americans are on food stamps. This is the 31st straight month that FOOD STAMP figure has increased. More to come, stay tune.
08/20/11. American International Group filed a lawsuit against Bank of America. The lawsuit is about Bank of America selling its low risk securities/bonds backed by "defective" mortgages given to low income borrowers. It is one of the biggest claims so far to originate from the practices that led to the financial crisis. Expect other law suits against other big banks. More to come, stay tune.
08/19/11. HAPPY 20th BIRTHDAY JIMMY!
08/19/11. Chicago to pay $35 to $40 million dollars as restitution for a 1995 discrimination case involving African American firemen candidate/test takers. This case went all the way up to the Supreme Court of the United States. From this law suit, thousands of African Americans who originally took the test back in 1995 will be given about $5,000 dollars each and 111 African Americans will get installed/hired by the Chicago Fire Department who originally took the test back in 1995. The law suit won entitles back pay from 1995 with pensions fully funded for these African American men and women who were discriminated by Mayor Daley's Fire Department. Chicago Tax payers to pay out again because of the former Mayor's bad actions. No comment from former Mayor of Chicago, Rich Daley. More to come, stay tune.
08/18/11. After last month collision between two High Speed Rail trains, China has suspended their fast train program. Forty (40) people on those two trains were killed. The Chinese public had a fit by what happened and they marched and demanded change. They got it! High Speed Rail Chinese officials cut their train's speed and changed train schedules. The Chinese public wants safety first and speed last. More to come, stay tune.
08/17/11. Republican Presidential candidate Rick Perry is the current front runner leading the GOP. Currently Rick Perry has 29%, Mitt Romney has 18% and Michell Bachman has 13% approval ratings from likely voters. More to come, stay tune.
08/16/11. Catholic Priest John Regan is in DuPage County court defending himself from the accusation that he stole $300,000 from his church donations in Roselle, Illinois. The money stolen represents donations given to the Church over a six month period. Some assume that the money was used for gambling, vacations and sex. More to come, stay tune.
08/15/11. The 2010 U.S. Census reported that the top ten States in the United States with the most Hispanics residing in those states are as follows; California 14,013,719, Texas 9,460,921, Florida 4,223,806, New York 3,416,922, Illinois 2,027,578, Arizona 1,895,149, New Jersey 1,555,144, Colorado 1,038,687, New Mexico 953,403, and Georgia 853,689. More to come, stay tune.
08/14/11. Canada has a Corporate Tax Rate of 18%. Canada has announced that they want Corporations registered in the United States of America to relocate their headquarters to their country. Canada is on their way to lower their Corporate Tax Rate to 15%. Only a few U.S. politicians have addressed this issue. Canada can afford this corporate tax rate since they have only about 40 million people residing in their country. Represents a lower social stress level to deal with. In the last decade Canada has been developing their TAR SANDS. Petroleum dollars/revenue do count folks. Old School, Basic Principals to Keep a Country Moving Forward. More to come, stay tune.
08/13/11. The Governor of Texas, Rick Perry has officially announced to the public that he is a candidate for President of The United States of America on the Republican ticket. Republicans across America welcome him entering the race to beat the 44th President. More to come, stay tune.
08/12/11. The average/median credit score for an individual residing in Illinois is 698. The average/median credit score for an individual living in the United States of America is 692. The average/median credit score needed to qualify for a conventional mortgage loan is 720. You do the math. No wonder U.S.A.'s residential housing market is in the tank/toilet. We need to grow America's spirit by getting these foreclosed homes sold to average Americans. More to come, stay tune.
08/11/11. Congress has created a SUPER COMMITTEE. Yes after Congress raised the nation's ceiling debt the House and the Senate with the President's signature passed a law creating the Super Committee consisting of six Republicans and six Democrats. A twelve member by-partisan committee. Each political party has three Congressmen and three Senators on the SUPER COMMITTEE. Their goal is to SLASH/CUT about $1.2 to $1.5 trillion dollars in ten years. As of today the Republican party has appointed their members on that SUPER COMMITTEE. Democrats are lagging behind with in-fighting between Blue Dogs (conservative members) and Liberal members of their party. Names to follow. More to come, stay tune.
08/10/11. The average life span/age for women living in the United States of America is 81 years old. The life span/age for men in the United States is 76 years old. More to come, stay tune.
08/09/11. In Chicago the unemployment rate is 9.3%. African American men are the highest folks out of work at over 50% unemployment. More to come, stay tune.
08/08/11. With the United States credit rating down graded to a AA+ Rating from a AAA+ rating for the first time in history, Asian Markets were down last night. Trading professionals worry that this will cause a sell off and/or "wait and see" attitude from investors this morning when our trading markets open. Always consult a trading professional before investing your money. More to come, stay tune.
08/07/11. Official figures for Unemployment in the United States is at 9.1%. Down 1/10th of 1% from last month. More to come, stay tune.
08/06/11. The United States of America has had their Debt Rating down graded by Standard & Poors (S&P). From AAA Rating to AA+ Rating. Expect higher interest rates across the board on credit cards, mortgage loans, car loans and student loans. More to come, stay tune.
08/05/11. Better Government Association of Chicago reports that powerful Chicago Alderman Ed Burke's Chicago Police bodyguards (C.P.D.) cost Chicago tax payers over $600,000 per year. Also the report indicates that over 30 years Alderman Burke's C.P.D. bodyguards cost Chicago tax payers over $11,000,000 ( $11 million dollars). Who says that serving government does not pay. "TOP of The MORNING to YOU!" More to come, stay tune.
08/04/11. One American recent survey reported that If the U.S. Presidential Election was held today, President Obama (Democrat} would get 42% and any Republican Party Presidential Candidate would get 47% of the vote. More to come, stay tune.
08/03/11. APPLE had a great 2nd quarter in 2011. The company's net income doubled to $7.31 billion dollars. The iPad 2 tablet and iPhone led in sales for the company. Since January 2011, Apples share price up 20%. Last year's second quarter net income was terrific at about $3.66 billion dollars. In September 2011 the new iPhone will be available. More to come, stay tune.
08/02/11. Yesterday the Nation's ceiling debt was raised by the House of Representatives with a vote 269 to 161. Today it goes to the Senate for a vote. Then later today on the 44th President's desk for signature. More to come, stay tune.
08/01/11. The IRS has shut down their telephone lines to tax payers wanting to know their status on past tax returns. That number is 1-800- 829-1040. It may be back up today or later in the week. More to come, stay tune.
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