Glen Brammell » Dollars & Cents

Big Losses

Glen — Tue, 25 May 2010 03:04:47 +0000

The government announced that they expect taxpayers will take a huge loss on the money lent to Chrysler and General Motors. The losses could run as high as $34 billion dollars. Auditors say they have recouped some of the money lent to the corporations, but much of the money will be lost.

The government still has a stake in the companies as it owns about 10 % of Chrysler and about 61% of GM. These shares will be sold when the companies conduct a public stock offering in the future. I sure hope the auctions go well!!

Love them gift cards!

Glen — Thu, 05 Nov 2009 17:01:20 +0000

I have thought that the invention of the gift card was a great idea. Its ease of purchase in the event that an emergency gift was required made it a useful tool. I have been saved from an embarrassing situation more than once by being able to purchase a quick gift for a forgotten event.

It turns out that there can be drawbacks to this wonderful item. Some cards carry fees that reduce their value over time. Another problem is that many times the cards are never used. When they are used, it’s not uncommon that the buyer ends up spending more money than they thought by using the card! Despite their drawbacks, I still love the gift card!

Fined Monopoly

Glen — Thu, 25 Jun 2009 17:10:17 +0000

In today’s USA Today paper is says that Intel was fined a record breaking amount of $1.45 Billion dollars for illegal monopolistic business practices in Europe. I cannot image having over a Billion dollars available in the bank to pay such a huge fine. But it is obvious that Europe takes this type of thing very seriously. American companies need to learn how to do business in other countries without using all the same shady practices they get away with here in the U.S.

Bad Hair

Glen — Thu, 30 Apr 2009 00:14:35 +0000

Today I wanted to get my hair cut. I can’t stand it when my hair flies into my eyes when I am driving or trying to work. So I went to the little shopping center down the road from my house and found a hair cutting place where it costs around ten bucks for a haircut. I don’t know any of the girls in there who cut hair, so I just paid my money and took my chances. Well, they must have given me the new girl who doesn’t know how to cut guy’s hair. She did an awful job. I looked in the mirror and said, “You have got to be kidding me.” I was so mad with her but I kept my cool. I told her the only way to fix it was to just shave it all off. So I’ll be a baldy for a few weeks, thanks to this dumb girl’s bad hair cut and it cost me $10 to get my head shaved. I won’t be going back there any time soon.

Pot of Gold

Glen — Tue, 17 Mar 2009 22:30:31 +0000

Wouldn’t it be totally cool if there really were little men running around that would grant you a wish or give you a big pot of gold if you were lucky enough to catch one? I think the very idea really appeals to every hunter and fisherman out there!

So here’s a wish that you find your pot of gold someday, and by the way, Happy Saint Patrick’s Day!

The Internet

Glen — Sun, 14 Dec 2008 17:14:51 +0000

I just couldn’t lead a normal life if I didn’t have access to the Internet, my laptop goes with me all most everywhere that I go and have become extremely attached to the darn thing. I’ve had my laptop for 5 years now, I know that there are bigger and better ones out there now, but so far so good and I’m not in any hurry to dish out a couple hundred of bucks that I don’t find necessary to shell out, especially at this point of time, you understand.

Retail stores are slashing their prices, there are plenty of great deals to be had right now, but this does seem to happen each and every Christmas Season, so there is always next year and the next and the next…