Hosni Mubarak Resigns As Egypt's President

Worldvu

After 18 days of Egyptian protest, President Hosni Mubarak resigns the Presidency of Egypt. Reports say that he will leave (after ruling for 3 decades) with billions of dollars. 

Since the average Egyptian makes a little more than 3 dollars a day and is having trouble buying food, it is little wonder that there was a popular uprising in the Arab street.

U.S. Politics

The latest polls for the 2012 Presidential Elections show that Mitt Romney and Mike Huckabee both slightly lead Barack Obama.

The Republicans should be playing hardball at this point over raising the deficit ceiling. Business as usual on government deficit spending just cannot continue. 

The Democrats continue to pursue initiatives on man-made global warming and fixing the corrupt United Nations.  Both are lost causes that will win them little future political gain.

Business And Investments

Stock Market continues to go up. Unemployment and under employment remain very high.  Many companies like Kraft and Pepsico are seeing inflation with increasing processing costs while the Fed continues to print money in a program called QE2.

Also see   

Investing For An Era Of Stagflation

This Date In History

1752 -  The first patients are admitted to Pennsylvania Hospital. It was the first Hospital in the United States founded by Ben Franklin

1942 - First Gold Record presented to Glenn Miller for his record, Chattanooga Choo Choo.

2006- Vice President Dick Cheney shoots 78 year old Harry Whittington in the face shooting quail.

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