Things to Remember

WASHINGTON - Federal Reserve Chairman Ben Bernanke bluntly warned Congress on Tuesday it risks a recession, with higher unemployment and increased home foreclosures, if lawmakers fail to pass the Bush administration's $700 billion plan to bail out the financial industry.

Bernanke told the Senate Banking Committee that inaction could leave ordinary businesses unable to borrow the money they need to expand and hire additional employees, while consumers could find themselves unable to finance big-ticket purchases such as cars and homes.

Bernanke's remarks came in response to a question from Sen. Chris Dodd, D-Conn., the committee's chairman, who seemed eager to hear a strong rationale for lawmakers to act swiftly on the administration's unprecedented request.

"The financial markets are in quite fragile condition and I think absent a plan they will get worse," Bernanke said.

Ominously, he added, "I believe if the credit markets are not functioning, that jobs will be lost, that our credit rate will rise, more houses will be foreclosed upon, GDP will contract, that the economy will just not be able to recover in a normal, healthy way."

GDP is a measure of growth, and a decline correlates with a recession.

Bernanke outlined his grim scenario as committee members sat in silence, and as the Bush administration pressed lawmakers publicly and privately to act speedily.

Vice President Dick Cheney and Jim Nussle, the Bush administration's budget director, met privately with restive House Republicans, some of whom emerged from the session unpersuaded.

"Just because God created the world in seven days doesn't mean we have to pass this bill in seven days," said Rep. Joe Barton, R-Texas.

Added Rep. Darrell Issa, R-Calif., "I am emphatically against it."

Dodd and other key Democrats have been in private negotiations with the administration since the weekend on legislation designed to allow the government to buy bad debts held by banks and other financial institutions.

Despite expressions of unhappiness in both parties, the prospects for legislation seemed strong, with lawmakers eager to adjourn this week or next for the elections.

Differences remained, though, including a demand from many Democrats and some Republicans to strip executives at failing financial firms of lucrative "golden parachutes" on their way out the door.

The administration balked at another key Democratic demand: allowing judges to rewrite bankrupt homeowners' mortgages so they could avoid foreclosure.

Despite the unresolved issues, President Bush predicted the Democratic-controlled Congress would soon pass a "a robust plan to deal with serious problems." He was speaking to the United Nations General assembly.

Stocks held steady in pre-noon trading on Wall Street as Treasury Secretary Henry Paulson told the Senate Banking Committee that quick passage of the administration's plan is "the single most effective thing we can do to help homeowners, the American people and stimulate our economy."

But even before Paulson could speak, lawmakers expressed unhappiness, criticism of the plan and — in the case of some conservative Republicans — outright opposition.

"I understand speed is important, but I'm far more interested in whether or not we get this right," said Dodd, who spoke first. "There is no second act to this. There is no alternative idea out there with resources available if this does not work," he added.

Sen. Richard C. Shelby of Alabama, the panel's senior Republican, was even more blunt. "I have long opposed government bailouts for individuals and corporate America alike," he said. Seated a few feet away from Paulson and Bernanke, he added, "We have been given no credible assurances that this plan will work. We could very well send $700 billion, or a trillion, and not resolve the crisis."

The legislation that the administration is promoting would allow the government to buy bad mortgages and other troubled assets held by endangered banks and financial institutions. Getting those debts off their books should bolster their balance sheets, making them more inclined to lend and easing one of the biggest choke points in the credit crisis. If the plan works, it should help lift a major weight off the sputtering economy.

Buttressing Paulson's comments, Bernanke said action by lawmakers "is urgently required to stabilize the situation and avert what otherwise could be very serious consequences for our financial markets and for our economy."

A third witness, Securities and Exchange Commission Chairman Christopher Cox, urged Congress to regulate a type of corporate debt insurance that figured prominently in the country's financial crisis.

"I urge you to provide in statute the authority to regulate these products to enhance investor protection and ensure the operation of fair and orderly markets," he said. The debt insurance is known as credit default swaps.

So far this year, a dozen federally insured banks and thrifts have failed, compared with three last year. The country's largest thrift, Washington Mutual Inc., is faltering.

Republicans said the sheer size of the bailout would cost each man, woman and child in the United States $2,300.

If approved and implemented, that could push the government's budget deficit next year into the $1 trillion range — far and away a record.

Sen. Barack Obama, the Democratic presidential candidate, pointed to other potential consequences, as well. In an interview with NBC, he said that if he wins the White House, he would likely have to phase in the proposals he has outlined for new federal spending. He did not elaborate.

Congressional Republicans, in particular, piled on the criticism of the administration's suggested solution to the crisis.

"This massive bailout is not a solution, It is financial socialism and it's un-American," said Sen. Jim Bunning, R-Ky.

Dodd and others indicated that the stakes are too high for Congress not to act, but they made clear they would insist on changes in the administration's weekend changes.

Dodd said the administration's initial proposal would have allowed the Treasury secretary to "act with utter and absolute impunity — without review by any agency or court of law" in deciding how to administer the envisioned bailout program.

"After reading this proposal, I can only conclude that it is not just our economy that is at risk, Mr. Secretary, but our Constitution, as well," Dodd said.

The U.S. has taken extraordinary measures in recent weeks to prevent a financial calamity, which would have devastating implications for the broader economy. It has, among other things, taken control of mortgage giants Fannie Mae and Freddie Mac, provided an $85 billion emergency loan to insurance colossus American International Group Inc. and temporarily banned short selling of hundreds of financial stocks.

TOKYO (Reuters) - The world's oldest man celebrated his 113th birthday on Thursday, telling reporters at his home in southern Japan about his joyful life and healthy appetite.

"I'm happy," said Tomoji Tanabe as the local mayor presented him with flowers and a giant tea cup glazed with his name and date of birth. "I'm well. I eat a lot," he added.

Tanabe, recognized by the Guinness Book of World Records as the oldest living male last year, eats mostly vegetables and believes the key to longevity is not drinking alcohol.

The former civil servant lives with his son, drinks milk every day and has no major illnesses, although he now writes in his diary only once or twice a month. He used to write on a daily basis.

"His favorite food is fried shrimp, but we've heard that he's cut back on oily food," said an official at his hometown of Miyakonojo, about 900 km (560 miles) southwest of Tokyo.

"He's said he wants to live for another 10 years, that he doesn't want to die." The Japanese are among the world's longest-lived people, with the number of those aged 100 or older at a record 36,276, a government report last week showed.

Japanese women have topped the world's longevity ranks for 23 years, while men rank third after Iceland and Hong Kong.

The Dow Jones closed down just over 500 points on September 15, 2008, the largest drop in a single day since the days following the attacks on September 11, 2001.^[14]

Lehman's bankruptcy is expected to cause some depreciation in the price of commercial real estate. The prospect for Lehman's $4.3 billion in mortgage securities getting liquidated sparked a selloff in the commercial mortgage-backed securities (CMBS) market. Additional pressure to sell securities in commercial real estate is feared as Lehman gets closer to liquidating its assets. Apartment-building investors are also expected to feel pressure to sell as Lehman unloads its debt and equity pieces of the $22 billion purchase of Archstone, the third-largest United States Real Estate Investment Trust (REIT). Archstone's core business is the ownership and management of residential apartment buildings in major metropolitan areas of the United States. Jeffrey Spector, a real-estate analyst at UBS said that in markets with apartment buildings that compete with Archstone, "there is no question that if you need to sell assets, you will try to get ahead" of the Lehman selloff, adding "Every day that goes by there will be more pressure on pricing."^[15]

Several money-market funds and institutional cash funds had significant exposure to Lehman with the institutional cash fund run by The Bank of New York Mellon and the Primary Reserve Fund, a money-market fund, both falling below $1 per share, called "breaking the buck", following losses on their holdings of Lehman assets. In a statement The Bank of New York Mellon said its fund had isolated the Lehman assets in a separate structure. It said the assets accounted for 1.13% of its fund. The drop in the Primary Reserve Fund was the first time since 1994 that a money-market fund had dropped below the $1-per-share level.

Putnam Investments, a unit of Canada's Great-West Lifeco, shut a $12.3 billion money-market fund as it faced "significant redemption pressure" on September 17, 2008. Evergreen Investments said its parent Wachovia Corporation would "support" three Evergreen money-market funds to prevent their shares from falling.^[16] This move to cover $494 million of Lehman assets in the funds also raised fears about Wachovia's ability to raise capital.^[17]

About 100 hedge funds used Lehman as their prime broker and relied largely on the firm for financing. As administrators took charge of the London business and the U.S. holding company filed for bankruptcy, positions held by those hedge funds at Lehman were frozen. As a result the hedge funds are being forced to de-lever and sit on large cash balances inhibiting chances at further growth.^[18]

In Japan, banks and insurers announced a combined 249 billion yen ($2.4 billion) in potential losses tied to the collapse of Lehman. Mizuho Trust & Banking Co. cut its profit forecast by more than half, citing 11.8 billion yen in losses on bonds and loans linked to Lehman. The Bank of Japan Governor Masaaki Shirakawa said "Most lending to Lehman Brothers was made by major Japanese banks, and their possible losses seem to be within the levels that can be covered by their profits," adding "There is no concern that the latest events will threaten the stability of Japan's financial system."^[19] During bankruptcy proceedings a lawyer from The Royal Bank of Scotland Group said the company is facing between $1.5 billion and $1.8 billion in claims against Lehman partially based on an unsecured guarantee from Lehman and connected to trading losses with Lehman subsidiaries, Martin Bienenstock.^[20]

Lehman was a counterparty to mortgage financier Freddie Mac in unsecured lending transactions that matured on September 15, 2008. Freddie said it had not received principal payments of $1.2 billion plus accrued interest. Freddie said it had further potential exposure to Lehman of about $400 million related to the servicing of single-family home loans, including repurchasing obligations. Freddie also said it "does not know whether and to what extent it will sustain a loss relating to the transactions" and warned that "actual losses could materially exceed current estimates." Freddie was still in the process of evaluating its exposure to Lehman and its affiliates under other business relationships.^[21]

After Constellation Energy was reported to have exposure to Lehman, its stock went down 56% in the first day of trading having started at $67.87. The massive drop in stocks led to the New York Stock Exchange halting trade of Constellation. The next day, as the stock plummeted as low as $13 per share, Constellation announced it was hiring Morgan Stanley and UBS to advise it on "strategic alternatives" suggesting a buyout. While rumors suggested French power company Électricité de France would buy the company or increase its stake, Constellation ultimately agreed to a buyout by MidAmerican Energy, part of Berkshire Hathaway (headed by billionaire Warren Buffett).^[22][23][24]

Among economic indicators prompted by the announcement, on the first day of a two-day auction, Sotheby's earned commission on USD $15 million above estimates in London when fine artist Damien Hirst bypassed his representatives, Gagosian Gallery and White Cube, which is located in the UK and was invited to participate in the auction. Some buyers received six months to pay.^[25]"

Puyo Pop Fever
Smash Court Tennies
SNK Arcade Classic
Chameleon
Code Lyoko
Cube
Echochrome
Everybody's Golf 2
F1 Grand Prix
Fight Night Round 3
Go Puzzle
Gottlieb Pinball Classic
Hellboy: The Science of Evil
Hot Shot Golf
Innocent Life: a Futuristic Harvestmoon
Iron Man
James Bond from Russia with Love
Key of Heaven
King of Clubs
Lord of the Rings Tactics

Its Started with a pimple that leads to infection

13 signs of falling in love

13. When your on the phone with them
late at night and they hang up but you miss
them already when it was just five minutes ago sad.gif

12. You read their texts over and over again...

11. You walk really slow when you're with them...

10. You feel shy whenever you're with them...

9. When you think about them, your heart beats
faster and faster...

8. You smile when you hear their voice...

7. When you look at them, you can't see
the otherpeople around you... all you see is
him/her...

6. You start listening to slow songs, while
thinking of them...

5. They become all you think about...

4. You get high just from their scent...

3. You realize that you're always smiling
to yourself when you think about them...

2. You would do anything for them...

1. While reading this, there was one
person on your mind the whole time.....

At last a guy has taken the time to write this all down
Finally, the guys' side of the story.

We always hear "the rules" from the female side.

Now here are the rules from the male side.

These are THEIR rules!

Please note... these are all numbered (one) "1" ON PURPOSE!

1. Learn to work the toilet seat.
You're a big girl. If it's up, put it down.
We need it up, you need it down. You don't hear us complaining about you leaving it down.

1. Sunday sports. It's like the full moon or the changing of the
tides. Let it be.

1. Shopping is NOT a sport. And no, we are never going to think of it that way.

1. Crying is blackmail.

1. Ask for what you want.
Let us be clear on this one:
Subtle hints do not work!
Strong hints do not work!
Obvious hints do not work! Just say it!

1. Yes and No are perfectly acceptable answers to almost every question.

1. Come to us with a problem only if you want help solving it. That's what we do. Sympathy is what your girlfriends are for.

1. A headache that lasts for 17 months is a problem. See a doctor.

1. Anything we said 6 months ago is inadmissible in an argument. In fact, all comments become null and void after 7 days.

1. If you won't dress like the Victoria's Secret girls, don't expect us to act like soap opera guys.

1. If you think you're fat, you probably are. Don't ask us.

1. If something we said can be interpreted two ways and one of the ways makes you sad or angry, we meant the other one.

1. You can either ask us to do something or tell us how you want it done. Not both. If you already know best how to do it, just do it yourself.

1. Whenever possible, please say whatever you have to say during commercials.

1. Christopher Columbus did not need directions and neither do we.

1. ALL men see in only 16 colors, like Windows default settings. Peach, for example, is a fruit, not a color. Pumpkin is also a fruit. We have no idea what mauve is.

1. If it itches, will be scratched. We do that.

1. If we ask what is wrong and you say "nothing," we will act like nothing's wrong.
We know you are lying, but it is just not worth the hassle.

1. If you ask a question you don't want an answer to, expect an answer you don't want to hear.

1. When we have to go somewhere, absolutely anything you wear is fine...Really.

1. Don't ask us what we're thinking about unless you are prepared to discuss such topics as baseball, the shotgun formation, or monster trucks.

1. You have enough clothes.

1. You have too many shoes.

1. I am in shape. Round is a shape.

Part One:

http://www.youtube.com/watch?v=Sn80c9xM2Mo

Part Two:

http://www.youtube.com/watch?v=GCI1sO4rGHU&feature=related

Please beware of MILF!!:)

Microsoft Windows 7: What the Future Holds

Design Goals

Microsoft plans a completely new GUI for versions of Windows 7 running on the kind of high-powered computers that now run Vista. The same team that designed Office 2007 is in charge of this interface, and it's likely we'll see something like the Office 2007 Ribbon in place of Windows' traditional menus and toolbars. Unlike the Office Ribbon, however, the new UI—whatever it finally looks like—will be something you can turn on or off, so corporate users can maintain the same interface they've been using for years, without expensive retraining.

Many clues to what the Windows 7 development team is thinking about can be found in the Windows Feedback Button found in the early builds. This Feedback tool invites developers to comment on the five "pillars" on which Windows 7 will be built. Each is divided into a number of scenarios that have only brief and vague descriptions. Here's a quick description of the pillars, with some guesses at what the associated scenarios might portend for Windows 7. The fullest analysis we've seen of these pillars is a long posting by "Bryant" at AeroXperience (www.aeroxp.org).

The first pillar is "Specialized for Laptops." Scenarios associated with it include data security, speed, wireless improvements, synchronization, and power management. One scenario is called "Touch and Tablet Usability," which may have something to do with the rumors that Microsoft, having been stung by the touch-screen keyboard in Apple's iPhone, is planning something even better for Windows. Indeed, Microsoft recently announced plans to integrate multi-touch technology in Windows 7, making user input possible by touching and gesturing your fingertip around the screen—a way of one-upping the iPhone interface while covering your monitor with greasy fingerprints.

The second pillar is "Designed for Services." This includes the Live Mesh–type experience that I described earlier, plus promised improvements to system upgrades from Vista to Windows 7—the kind of upgrade that has never been a Windows strong point. This category also includes "The Family Friendly Web Experience," which presumably means some form of site filtering, perhaps integrated into Live Mesh.

The third pillar is "Personalized Computing for Everyone," a category that includes customizable desktops and a vaguely defined scenario in which the desktop can link to local culture—presumably meaning that the desktop will make use of local music and images. This pillar also includes the ability to access your files from anywhere (as in Apple's Back to My Mac feature), and secure roaming, apparently a scheme to let you access your bookmarks and passwords from anywhere—a convenience that also sounds like a potential security nightmare.

"Optimized for Entertainment," the fourth pillar, promises home-media streaming, better high-DPI graphics than in Vista, and a new version of Windows Media Center codenamed "Fiji," already in a late stage of development. Fiji will be built into Vista-based Media Center PCs later this year, but an improved version will clearly go into Windows 7. New Fiji features include QAM support (so digital cable TV signals can flow into a PC without a set-top box) plus support for DirectTV tuners and better guides to available HD programming.

The fifth and last pillar is "Engineered for Ease of Ownership," which includes improved installation time (10 minutes is one figure being bandied about), and lots of promises about "just works" functionality and similar conveniences that Microsoft has been promising, not very convincingly, since the Windows 95 era.

rs Vote for our Natural Sites to be included in the list of the 7 Wonders of the World Nature

click these links:

http://www.new7wonders.com/nature/en/nominees/asia/c/TubbatahaReefReef/
http://www.new7wonders.com/nature/en/nominees/asia/c/ChocolateHills/
http://www.new7wonders.com/nature/en/nominees/asia/c/MayonVolcano/

newest addition:

http://www.new7wonders.com/nature/en/nominees/asia/c/PuertoPrincesa/

Voting for nominees will continue through 31.12.08. A New7Wonders Panel of Experts will then select the 21 finalists, from which voters worldwide will elect the New 7 Wonders of Nature.

You can still also submit a nomination for a natural site that still isn't included in the list.
http://www.new7wonders.com/nature/en/nomination/
(i nominated The PP Underground River)

First Download the Kaspersky Installer

Installer

After installing, use this 1 year

1 Year Keys

Please Dont forget to subscibe on my blog

Link: Total Video Converter


E.M. Total Video Converter is a piece of extremely powerful and full-featured converter software that supports almost all video and audio formats. The software is designed to convert video for your mobile video player as 3gp, mp4, PSP, PS3, iPod, iPhone etc and also VCD or DVD player, XBOX360.

E.M. Total Video Converter V3.12 New Features:
1 Brand-new GUI
2 The file size can be more than 4G Bytes
3 Support DIVX 50 with divx.com codec
4 Support Nellymoser codec audio codec for flv format video
5 Brand-new GUI for picture slide show

Main Features of Total Video Converter:

• Convert all kinds of videos to mobile videos or audios (mp4, 3gp, xvid, divx mpeg4 avi, amr audio) which are used by cell-phone, PDA, PSP, iPod, iPhone, Xbox360, PS3 etc.;
• Photos slide show combines multi-photos and musics with more than 300 photos fantasy transition effect;
• High compatibility and high efficiency for Importing RMVB or RM video/audio;
• Convert various videos to MPEG videos compatible with standard DVD/SVCD/VCD;
• Burn the converted videos to DVD/SVCD/VCD;
• Rip DVD to popular videos of all sorts;
• Extract audio from various of videos and convert which to all kinds of audios (mp3, ac3, ogg, wav, aac);
• RIP CD to audios of all sorts directly;
• Support using with command line;
• Combine several video and audio files to one video file;
• Demultiplex or extract video and audio;
• Multiplex video and audio to one file;

Gitudluan sa akong sister kung unsaon siya pagtawag sa akong 2-year-old na pag-umangkon.

Sister: Mommy Nene lagi. Dili kay Nene lang. Sige, sunod nako ha. Mo–mmy. Ikaw.

Bata: Mo–mmy.

Sister: Ne–ne.

Bata: Ne–ne.

Sister: Mo–mmy Ne–ne.

Bata: ‘My Ne–ne.

Sister: Very good. Sige, tawaga daw ko beh.

Bata: Psssst!

Babaye 1: Mao to ang hinungdan ngano namatay akong kanding.

Babaye 2: Mao ba? Kaluoy pud sa imong kanding sa?

Babaye 1: Bitaw. Maayo pa lagi ning mga iro kay naa’y mga doktor oi.

Babaye 2: Naa man sad para sa mga kanding! Ang bejetarian diay.

1. The nice men are ugly.
2. The handsome men are not nice.
3. The handsome and nice men are gay.
4. The handsome, nice and heterosexual men are married.
5. The men who are not so handsome, but are nice men, have no money.
6. The men who are not so handsome, but are nice men with money think we are only after their money.
7. The handsome men without money are after our money.
8. The handsome men, who are not so nice and somewhat heterosexual,don't think we are beautiful enough.
9. The men who think we are beautiful, that are heterosexual,somewhat nice and have money, are cowards.
10. The men who are somewhat handsome, somewhat nice and have some money and thank God are heterosexual, are shy and NEVER MAKE THE FIRST MOVE!!!!
11. The men who never make the first move, automatically lose interest in us when we take the initiative.

Date Premiere

AlternativeRO Launch!

Grand opening of AlternativeRO date:

09/20/2008
18:00 o'clock -3GMT

We are finishing the tests and configurations of the server.

Website is 99% complete and functional.

We have a dedicated host acquired with 3 months of paid services, with the capacity for 500+ players online and available upgrade of up to 3000 playing at the same time.

Rates : 1kx Base/ 1kx Job/ 100x Normal Drops,Equips and Normal Cards/ 50x MVP cards/ 3x Treasure chests
Base level Max: 99 / Job level Max: 70 for transcendent class 50 for normal class.

Come join AlternativeRO, a new fresh server with many challenges, adventures to embark on thats updated with KRO.

To play you just need Sakray and server patch, we are also configuring for use IRO(International) and BRO(brazil), where until release they will be totally compatible.

So what are you waiting for,come join AlternativeRO! and bring your friends

Unlimited Network of Opportunities International Corporation (or UNO) is a convergence of the finest network marketers in the country today as they offer new opportunities, conquer new challenges and welcome new partners in this impressive and generous way of extending help to millions of Filipinos here and abroad.

UNO is a dynamic marketing company engaged in the distribution of health enhancing natural products and other services that address the needs of modern living. UNO is ran by top network industry leaders whose credibility has been years in the making. In its forefront are top-caliber professionals and successful network marketers with several years of experience in leverage marketing. UNO takes on to deliver a performance breakthrough!

It is definite that UNO is poised to be among the major players in the industry of network marketing. All the vital elements to drive in a new curve of new markets and technologies are present. They equip every network marketer the convenience of simultaneously marketing fast-moving health and wellness products and providing educational-services hub in the form of online college review classes and mobile phone loading system.

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