Jan 28 2009
A house for just 50 dollars?
In these days of economic downturn and hardship, it is not difficult to believe that you can get anything cheap. But not that cheap as one couple found out recently. They just bought a house for 1.2 million dollars! The palatial house was actually their prize for holding the winning ticket for a raffle. The people who owned the house earlier thought of this ingenious idea when they wanted sell the house and had no buyers for their property when they offered it for 700,000 dollars. So they decided to float a raffle of 23000 tickets of 50$ each. People from all corners of the United States tried their hand and this lucky couple got it. Moral - difficult times can bring the best out of you. I did not know that you could float a lottery just like that. You needed permission from both the state and federal govts for that.
How is Vice-President Joe Biden finding his new role ? It’s more than a week since the new administration took office. We all know the Vice-President sits in all the cabinet meetings and uncle Joe must have too the last few days. Surely we cannot expect him to sit quiet like George Bush in the Reagan administration when Bush was Vice-President then. If you do not believe ask Colin Powell, he was the National Security Advisor then. Biden is hot headed and is notorius for shooting off with his mouth at the slightest provocation. What with Hillary, Holbrooke and Biden poor Obama must be pissed off already. Remember Biden himself wanted to be President not long ago.
Finally, the much talked about freedom for all Americans is over. The Obama administration has sent a show cause notice to Citigroup questioning them for buying a new jet for 50 million dollars. They want to know how the bank could afford the expense when it was asking for a bailout. Citibank has replied that it has sold two of its old airplanes to meet the cost of the new one. Why not just nationalize all the banks in one go? That way everyone will have to go through the standard procedure of sanction and approval.
