Just left 8:30 Mass, in memory if my father. Breakfast at the Americana diner then over to the Hamilton 24 to take the entire family to see "Harry Potter and the Half Blood Prince" My daughters were in Harry Potter camp all week and have already seen the movie. They're excited to see it again... I'm dragging since I didn't get back from last nights gig till after 3 am. [Sent from my iPhone 3GS]
[Sent from my iPhone 3GS]
Vitamins Block Some Exercise Benefits: Scientific American Podcast:
"Forty men took part in a four-week training program. Half the group also received daily doses of Vitamins C and E. The researchers discovered that exercise on its own improves insulin sensitivity, which keeps diabetes at bay. But taking the vitamins erased that gain—findings that appear in the May 12th issue of the Proceedings of the National Academy of Sciences."
Wouldn't it be nice to see a very clear P&L on this investment by PSE&G? I am all for the investment in "green" and renewable energy, but it's not clear to me how the investment dollars net against the chargebacks, energy revenues and various tax credits....
New Jersey Utility Plans Major Solar Project - NYTimes.com:
"The utility expects to spend $773 million on the project, which it said would generate 120 megawatts of electricity, one-third of which should come from the panels on utility poles. That amounts to barely 1 percent of the power consumed in the state, but is about 7 percent of the state’s goal of power generated from renewable energy sources by 2020."
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"The project would add about 10 cents to each customer’s monthly bill in the first year and as much as 35 cents in subsequent years."
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"In addition to raising money by selling the panels’ electricity, P.S.E. & G. also expects to receive a federal tax credit and income from selling the state renewable energy credits that accrue when solar energy is produced."
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"The bulk of the money for the project, however, would come from new bonds and equity from Public Service Enterprise."
Chubb Corporation Sees Strong Insider Buying:
"The Chubb Corporation (NYSE: CB) may not sound attractive, but many insiders are a believer in the stock. The firm repurchased some 5.9 million shares during the third quarter and said it would buyback up to 20 million shares over the next year while paying a dividend of 33 cents per share. This is a clear demonstration of financial strength and confidence in the company."
Jim Rogers calls most big U.S. banks bankrupt | Industry Summits | Reuters: 
'What is outrageous economically and is outrageous morally is that normally in times like this, people who are competent and who saw it coming and who kept their powder dry go and take over the assets from the incompetent,' he said. 'What's happening this time is that the government is taking the assets from the competent people and giving them to the incompetent people and saying, now you can compete with the competent people. It is horrible economics.'
Eyes on the Road - WSJ.com: 
"Jim Ellis Chevrolet in Atlanta has about 120 leftover 2008 model trucks and SUVs to sell. Normally by Halloween, it would have almost none of last year's models lurking on the lot.That's the bad news. The good news is that buyers are starting to come out of their fallout shelters and take a look at the deals, now that gas is back below $3 a gallon and desperate manufacturers are piling on discounts.'The last two weeks, our truck activity has picked up,' says Mark Frost, the dealership's general manager. The dealership is promoting big discounts – as much $12,000 off a Chevy Tahoe sport-utility vehicle – and telling business owners that thanks to the economic-stimulus bill Congress passed earlier this year, they may qualify for big tax breaks on vehicles purchased for commercial use....
Even if you bought a regular Tahoe, the huge discounts on offer would offset the difference in refueling costs for about 9 years, at current gas prices."
