Drunk or sober Tiger Woods is facing the firestorm of news and media with his possible DUI this past Friday.

Earlier in the morning this past Friday (27 Nov 2009) Tiger Woods crashed his SUV near his home in Florida. Florida Highway Patrol confirmed Woods’ continues stonewalling the investigation into Friday morning’s scandal-plagued crash, saying the golf pro’s lawyer had handed over the basics—license, proof of insurance, etc., but offered absolutely nothing more, least of all, any face time with investigators.

Contrary to various media reports, the Florida Highway Patrol has not made any comments regarding the details of the ongoing crash investigation involving Tiger Woods as it related to medical information, or any other aspect of this investigation. “The crash investigation is ongoing and charges are pending.”

As for what, exactly, those pending charges may be—we can only hope Tiger is sitting down for this…

High-profile Florida criminal attorney Jose Baez told E! News that Woods’ seeming refusal to speak with Florida Highway Patrol troopers could result in several misdemeanor charges, including obstruction of justice, resisting arrest without violence, criminal mischief and possibly even driving under the influence. While authorities initially said that there was no sign of alcohol or drugs at the scene, with no one talking and the investigation still open, nothing has been officially ruled out.

And for all those concerned, sports-loving citizens thinking that list seems like overkill, well, blame the finer points of Florida law. Per Baez, citizens are not allowed to invoke their right to counsel during a traffic accident investigation, hence the possible obstruction of justice charge.

Tiger Woods a man worth nearly $1 Billion might think he has some “get out of jail free” card, but he is no different than any other citizen who has to deal with the bullshit like anyone else.

More on Tiger Woods and his wealth — http://www.forbes.com/2009/06/17/top-earning-athletes-business-sports-top-earning-athletes.html

A business plan is the pickup line you want to get right

A successful business plan is like a perfect pickup line, they both lead you to the numbers.

Picking up women is an art, you need the right look, right lines and the ability to finesse the situation to your favor; the same is true in business. Anyone can approach a woman with a “plan” and anyone can approach a bank or investor with a business plan, but there is guarantee you will get the number weather it be a phone number of dollar number.

Your business plan needs to be short and sweet; containing all the information needed without additional fluff. Like a pickup line at the bar all your business plan needs is enough to seal the deal, anything extra might end in you stepping on your own toes.

A business plan is a pitch used to intrigue a lender/investor to believe in and back a business idea. This is true in any area where additional capital is needed to proceed. Do your homework by using sites such as http://score.org/ and http://SBA.gov to research tips, tricks and templates. Ask experts through local entrepreneurial clubs and organization for assistance in the development of your business plan. To fill in the gaps hire an expert, like the guy who wrote this article. They can be found locally or via online freelance and consulting sites such athttp://guru.com.

If you have a question or need some help contact CustomerService@assetjunkie.com and myself or one of the other business consultants withPrivateer Global Consulting will assist you.

Good luck and I hope you score!

Time For Marijuana Legalization?…

…I think so!

Most people have tried Marijuana at some point in their life, if you inhaled or not. The topic of legalizing marijuana is one of both political and social concern.FDR spent his first few days in office fixing the banks, and then he legalized beer. President Obama has buoyed the banks; what about legalizing marijuana?

For decades, Keith Stroup, the attorney who founded the National Organization for the Reform of Marijuana Laws in 1970, has argued that legalizing pot would produce mega tax windfalls. Now, officials of states zonked out by the fiscal crisis—Texas, Tennessee, Massachusetts, and Pennsylvania—are asking Stroup for the 411 on ganja green. “As smokers,” he adds, “we’re raising our hands and saying: ‘Tax us!’ ”

Marijuana is a highly used substance in the United States and has only received harsh treatment because it was illegal not because it is bad. Nobody ever gets high and beats their wife or smokes so much they get marijuana poisioning. Legalizing marijuana is an untapped tax revenue powerhouse we need to initiate now.

To find out more please read this article  http://www.cbsnews.com/stories/2009/02/25/opinion/courtwatch/main4828659.shtml

Inflation, by definition, is the “A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money…” (http://www.thefreedictionary.com/inflation).

There is a great amount of discussion in the media and through academia about the potential for an inflationary period to hit the United States eventually. Wake up smart-people, inflation is here. When credit locks up, the value of the US dollar declines and the cost of goods to American consumers increases that is INFLATION.

Inflation has been exacerbated by the loss of jobs, continually tighter lending standards and the global decline in the value and security of the dollar. This inflationary period has been here and will continue to get worse. The best way to stay ahead of the curve is to consider hedging your dollar value against other currencies through Forex trading or Forex ETFs. If you do not have the money or knowledge to hedge against the declining dollar be wiser with your money. If you want to buy something, find the best deal. Even consider trading services if you are a professional, an example would be doing a dentists taxes for free cleanings.

Bernie Madoff is in the news yet again but this time it’s to tear through his belonging like a yardsale on crack. On the block are millions of dollars worth of watches, art, and jewelry. Below is a picture of just one watch expected to bring in nearly $100,000 !

http://miniurl.org/Cxt

At 10.2% jobless in the United States and the worst job market since the early 1980’s nearly everyone is feeling the crunch. Even if you are presently employed chances are you know someone, or multiple people who are actively seeking a position.

The jobless rate is based on the number of people in the united states who are actively seeking employment. It does not account for those who have settled on part time work, gave up entirely or those that have decided to further their education in lieu of looking for more jobs that are not there. This, sadly, moves the U.S. jobless rate closer to 20% than to 10%.

The business cycle and economic correction has pros and cons. The pro is our economy needed a shock to get set back in reality and reduce the credit risk and expose everyone seemed to be taking. It also has increased the number of qualified works that can be had at a fraction of previous rates by employers. Cons, well I dont think I need to go into that, we have all felt the crunch to some extent or another be-it the loss of a home, a job or deminishing returns on investments.

The world is one large economy now and will grow even larger with fewer boundries, if we as a country do not take steps to embrace this change and stay ahead of the curve we will be left behind.

Happy Job Hunting!

So much for Thursday’s rally. After Thursday saw the biggest gain in three months, Friday’s tumble erased any and all elation. The Dow plummeted 2.5% (down 250 points) while the S&P fell 2.8% (30 points) to levels of 9,713 and 1,036, respectively. The media is surely pointing its finger at various data and comments by investors as the reason for the falls:

• CIT likely to file for pre-packaged bankruptcy after making deals with Icahn and Goldman Sachs. Icahn said it will likely supply a $1bn loan for bankruptcy financing while Goldman will keep open a credit line for potential court protection. Honestly, this news wasn’t a huge surprise. Even so, any ‘bankruptcy’ headlines will always unnerve investors, especially when related to financials.
• U. of Michigan Confidence dropped to 70.6 from 73.5 last month. Though skepticism of the recent rally is growing, it is important to emphasize that confidence is still well above the 50’s and 60’s readings we saw earlier in the year.
• Personal Spending fell 0.5% versus a gain of 1.4% the prior month. Keep in mind that ‘Cash for Clunkers’ undoubtedly boosted last month’s number; excluding Cash for Clunkers, the number actually picked up, albeit very slightly

To give my 2 cents on the above, while certainly not good news, it is nothing unexpected. As I mentioned on Thursday, profit-taking is going to be a big theme driving the market in the next two months and especially as year-end draws closer. Yesterday’s sell-off was indeed furthered by investors cashing out of positions after Thursday’s rally. Keep your eyes peeled for further signs of increased profit-taking and risk-aversion as these are common themes this time of year.