California May Issue I.O.U.

6/24/2009

The state controller of California, John Chiang, warned that the state government will have to start issuing I.O.U. to its creditors, if the lawmakers fail to close the $24 billion budget gap by July 2. Continue reading at Cartoosh.com.

GM Filed Chapter 11

6/1/2009

Another piece of history was made today, as General Motors filed for bankruptcy protection. Continue reading at our new home cartoosh.com...

Not-So-Bad Report Cards

As corporates report their first quarter earnings, the school is sending home the first quarter report cards. Andy has got his own copy, ad wonder what his dad is going to say about it. Continue reading at Cartoosh.com!

Crysler Filed For Bankruptcy Protection

4/30/2009

The Dow Jones Industrial Index gave up an early gain and closed a bit lower than yesterday, after learning that Chrysler - the nation's third-largest car manufacturer - filed for Chapter 11 bankruptcy protection in New York. Continue reading at our new home Cartoosh.com...

Wall Street Gave Ground to The Swine Flu Outbreak

4/27/2009

The U.S. stock market gave up some ground concerning the more virulent condition of the swine flu. It was reported that the swine flu's death count in Mexico grew to about 150 people from 100 and that cases in the U.S. doubled to about 40. Read more...

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Glimmers of Hope for U.S. Economy

4/14/2009

The recent rally in the stock market has been led by the very same financial sector that dragged down the market. Thanks to the modified mark-to-market accounting rules, several banks have seen much improved balance sheets and reported better than expected earnings for the first quarter of 2009.

What's the magic about "the modified market accounting rules"? Read more...

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Wall Street and Main Street

4/22/2009

Investors on Wall Street have observed a strong rebound starting in early March after the year-long bear market. The stock market has dismissed dismal economic data and ignored the fact that most Americans are still losing their jobs and struggling to make ends meet. Read more...

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Mothers Day and gigglePanda

Mother's Day is coming. What are you going to say to your mom on this special day? Send a special Cartoosh card to your mom and tell her: "I always love you..." Visit Cartoosh Gallery to see more gift items for mom. Or, go directly to our store at Zazzle and see all our cartoon arts in print.

Just so you know, we're really happy with our new home. Visit cartoosh.com today and see more cartoons!

Free Music Download in China

4/8/2009

After years of legal actions without success against piracy in China, the world’s biggest music record labels decided to adopt the old wisdom: "If you can't beat them, join them."

Last Monday, the record labels, including EMI, the Warner Music Group and Vivendi’s Universal Music, said they would offer free downloads of music to people in China via top100.cn - a Google's partner.

OK. That part is easy. But, do they still want to make money in China? After observing how Google rack up revenues from Internet advertising, they hope the free music download service will boost the traffic to the site and hopefully the advertising revenue. They'll have a share of the advertising profit according to the deal.

I give them credit in finally figuring out that idea. I just wish they would have tried out the same idea beyond the border of China.

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Sadness in April of 2009

4/4/2009

Americans were in shock over the last few days due to a series of killings across the country.

A married couple were discovered inside their burning home in Herndon early Thursday in Fairfax County of Virginia. Police believes that the husband stabbed his wife to death and then set their home on fire. In Pierce county of Washington on Friday night, an angry farther who had dispute with his wife killed his wife and five children, before committing suicide. In Binghamton, New York, a gunman who recently lost his job killed 14 people at an upstate New York immigration center, before taking his own life on Friday. On Saturday morning in Pittsburgh, Pennsylvania, three police officers were killed by another gunman in front of the apartment the gunman shared with his mother. Luckily, the gunman surrendered himself after a four hour standoff with police.

I think the economic downturn has driven some of these people over the edge directly and indirectly. While wishing the best for the families that lost their love ones, I hope we as a country learn a lesson from these painful memories.

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G.M. CEO Stepped Down

3/30/2009

General Motors Corp. Chairman and CEO Rick Wagoner will step down immediately at the request of the White House, administration officials said Sunday. Although Wagoner has been trying to steel the automaker giant towards the right direction, his effort is considered by some administration officials too little and too slow.

Wagoner's resignation is seen as a step in President Obama's effort in restructuring and transforming the U.S. auto industry. I hope his resignation would allow further and deeper overhauls. To survive and compete in the future, our decades-old auto industry desperately needs a whole new culture that inspires hard work, competition, efficiency, and innovation.

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Cartoosh Widgets Now Available

Widgets are getting extremely popular these days. The small widgets originate from their ancestors - portlets in the portal about ten years ago and have evolved significantly thanks to technology innovations, such as, RSS and Web 2.0. The widgets have come out their enterprise habitats, sprouted in the consumer-oriented portals like MyYahoo and iGoogle, and now blossomed on most of blogs and websites. Their purposes have shifted from personalization to Internet marketing and beyond. There are several start-ups riding on the rise of widgets by easing the learning curve in creating widgets, lowering the entrance barrier in distribution, or adding value in market analysis.

If you're a blogger or a website owner, take a look at the four new widgets at Cartoosh.com. By embedding these widgets in your blog or website, your readers automatically get up-to-date cartoons without leaving your site.

Easter Bunny and The Girl

Easter is around the corner (4/12). We've got a new cartoon art to wish you a Happy Easter. Visit Cartoosh.com or Cartoosh Gallery, and check out our new cartoon art in prints today!

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Cartoosh.com Launched

I'm glad to announce that Cartoosh.com is now up and running. As we continue to provide you the best blog, the whole new Cartoosh.com is designed to offer easy access to our merchandises. Our goal of Cartoosh.com is to make it a fun-filled cartoon-centric mall where you would enjoy reading our cartoon posts and touring our gallery and bookstore. Come visit Cartoosh.com today and give us your feedback.

The Mess of AIG Bonuses

3/18/2009

AIG CEO appeared in front of furious lawmakers on Capitol Hill yesterday to shed some light on over $165M bonus awarded to his employees - many of them in AIG's financial products unit. That's the very same department blamed for plunging AIG into the financial turmoil that eventually led the government to lend and invest about $170 billion in the company.

In defending his decision foregoing the bonus payments, CEO Liddy said that AIG needs these employees to continue working to unwind the company's exposure to about $1.6 trillion in derivatives.

"I know $165 million is a very large number," Liddy said. "In the context of $1.6 trillion and the money already invested in us, we thought that was a good trade."

I think we should invite CEO Liddy to explain such "a good trade" in a simple way that our children and grand children can understand. After all, we're counting on him to turn AIG around and hopefully pay the money back to them.

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Madoff Trade Penthouse For Tiny Jail Cell

3/12/2009

The disgraced financier, Bernard Madoff, pleaded guilty on Thursday to 11 charges, including fraud, perjury and money laundering. Judge Denny Chin ordered him jailed immediately. Madoff's plea came without an agreement, which means he faces a statutory maximum of 150 years in prison when he is sentenced June 16. Madoff's Park Avenue penthouse reported worth of $7 million is going to be up for sale.

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Todays Best Award: Bill With Earmarks Signed

Good news from Zazzle! The latest Cartoosh's View - "Bill with Earmarks" has won another Today's Best Award. Below is the message from Zazzle for your reference:

Hi cartoosh,

Congratulations!

Your product, Bill with Earmarks, has been selected as one of Today's Best on Zazzle!

This means it will appear on the Zazzle homepage for the rest of today and it will also be added to the Today's Best Awards Showcase. Keep up the great work!

Bask. Glow. The honor is yours to enjoy.

- Zazzle

I thank you for your continuous support and hope you enjoy Cartoosh's View. As always, feel free to forward Cartoosh's View to your friends and family and help get the words out.

(Click to see the product at Cartoosh Gallery!)

Bill with Earmarks by cartoosh

$410B Earmarks Filled Bill Signed

3/11/2009

President Obama signed the $410 billion bill Wednesday morning to keep most of the government operations running until September 30. Banking on Obama's willingness to sign the bill, both Republican and Democratic lawmakers jammed the bill with about 8,500 earmarks worth of $8 billion. At $410 billion, the bill represents an 8 percent increase over last year's spending levels, more than double the rate of inflation. Given the fact that the U.S. national deficit has been making its record everyday - currently at $10.9 trillion, we all know where the money is going to come from.

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giggleBites: Private Shower

Mr. Anderson is considering to join the health club and start his morning workout as part of his new year resolution. He is given a tour around the facility and is impressed by the private shower room for adults. Sounds good. Looks like someone is already enjoying the shower...

Hungry? Get a giggleBite from our Cartoosh Gallery today!

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giggleBites: Lets Play Hide and Seek

When I was a kid, I love playing hide-and-seek. It was so much fun. Andy and Kerry love the game, too. They have been playing all the time and are very good at it. But, this time Andy needs a little help from you...

Hungry? Get a giggleBite from our Cartoosh Gallery today!

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