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Saint Louis

Snow, Baidu, Chesapeake, Pilgrim’s Pride

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(Update) Felt I am like a car-thief today: had to climb from back seat to front seat, because the front doors were frozen due to snow. Don’t know how the by standers felt?

(Original) It started to snow here in St. Louis, yesterday morning I saw a little bit snow on the car, this morning I found more snow when I got up.

Saint Louis snow 2008 pic
(Full size pic here)

Baidu
The trouble for Baidu appears to be mounting, as lawsuit on the Ads came in. The information on Baidu (Nasdaq: BIDU) is quite effient actually, compared to most other Chinese ADRs listed in the US. I still remember the hype around its IPO in Summer 2005, one year after Google’s highly successful IPO. As an old Chinese saying goes “higher climb, sharper drop”, or a western saying goes “quick rise, quick fall”. Same philosophy goes to my CROX stock trade last year 🙁

Pilgrim’s Pride

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Saint Louis

Winter came to St. Louis

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Anhuser Busch became AB Inbev, a well known industrial icon. The new AB Inbev logo looks goofy though. The eagle is fly off the AB Inbev, what does that mean?

AB Inbev new logo

The endowment fund of Washing U. lost more than $1 billion this year (from $5.4 billion to $4.1 billion, on the paper), because of the weakness of recent stock market. The university is announcing cut back plans. This reminds me when the stock market was good, people tends to spend more. I guess university is not different from ordinary people.

The automobile industry bailout got stalled in congress. St. Louis already lost Ford plant a few years back. This year she lost the Chrysler (dodge caravan) plant, and significantly cut down capacity of the Chrysler Dodge Ram plant. I can understand why republican senator of Show Me state Kid Bond is working hard on the issue, besides St. Louis region, Kansas City also got big 3 plants (Ford, GM).

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Saint Louis

Clinton, cheap gas, new job

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Week in review 10/20 to 10/25

Bill Clinton visits Kirkwood
President Bill Clinton visit St. Louis this past Monday (10/20), and we got a peek at the popular former president. I always admired Bill’s speaking skills. He did the job well: he was making the case for Obama. His main talking points are: on key issues like economy, healthcare and international relation, Obama is much better than McCain.

That’s the first time I saw a US president. We did bring the “My Life” book but did not get the signiture.

New job
From tomorrow I will have a new job, a technical consulting job which allows me work from home. Last I checked, the regular unlead gas price is $2.48 at the station near my home. Not much gas money saving from “working from home”.

Cheap gas and economy
Seriously, I think the cheap gas means two things:

1) The US economy is weakening quickly, US consumes 25% of world crude oil, when US reduces demand, the crude oil dropped from $147 to $60s in 3 months;

2) Relief to US consumers, it is reported one cent of gas price decline means $1 billion money saved for consumer. So from $4 a gallon (3 months ago) to $2.50 we already had a $150 billion economy stimulus.

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Saint Louis

Show me state becomes a hot spot

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I am talking about the attention it gets from the presidential candidates, their supporters and the media. We already had the biggest event for Obama (100,000 people) showed up on Saturday at Gateway Arch. Today Monday Oct. 20 we had McCain, he spoke in St. Charles in the morning and will go to Kansas city this afternoon. Last but not least, President Clinton, will speak at Kirkwood high school tonight.

Here is a Google map of Kirkwood high if you are interested.

The big news media, CBS Katie Kouric, CNN John King, are also in St. Louis today. Finanlly the show me state and St. Louis got some national attention 🙂

Categories
Saint Louis

Obama Rally at Gateway Arch

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Not endorsing Obama, but it’s interesting to hear a voice from a regular Joe who attended the event. Here is a link if the player below does not work. It is estimated 100,000 people attended the event.

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Investing Saint Louis

Why Fazoli is so crowded?

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(Update July 17) I went to Fazoli this evening to take some food home. Surprisingly there are many people again. Another sign average people are feeling the pinch in this recession.

(Original) Fazoli has been my favorite lunch places for a while. Recently it got more and more crowded during lunch time. This seems strange because in current economy recession, one would think people would bring their own lunches more and eat less outside. So, what’s the reason?

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Beijing Olympics Saint Louis

Olympics is coming

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Amid all the craziness on oil, stock market and iPhone, yesterday I realized the Beijing Olympics is coming in 4 weeks, and it seems I can not go there for the event. Fortunately I got a piece of Olympics since 2004. In the picture below, at the left is a Coca Cola limited edition can made for torch relay in St. Louis (June 17 2004), at the right is a can features Beijing Olympics logo. Note Coca Cola is Olympics global sponsor (the highest level).

IMG_6488

Maybe those politicians who said boycotting the opening ceremony can honor their words, and let me use their seats 🙂

Categories
Saint Louis

How to ride the MetroBus?

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This morning I need to drop my car at repair shop for the day. Not wanting to walk back, or disturb my friend, I decided to ride the bus. I did some research about the bus last night. I used the trip finder to find the route, schedule. I tried it: from “Olive Blvd at Lindbergh Blvd”, to “Olive Blvd at Tempo Dr.” It gives me the time, I found 8:04 AM or 8:45 AM bus will fit me.

Things worked out well as I expected. Shortly after I drop the car, I waited at the Olive and Manson, and I saw the 8:04 AM bus coming. I got on the bus and paid $1.75. The ride took about 10 minutes. To my surprise, there are quite a few people riding the bus.

I understand right now it’s still impractical for me to take the bus to work. But what if everyone started to ride the bus, amid the rising fuel price? As the Addidas ad says “Impossible is nothing”. Maybe this thing is possible.

Reference:
MetroBus map and ruotes

Categories
Saint Louis

Flood

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It seems the market is not the only thing that is testing our mind/heart/nerve/will, the midwest flood has also caused substantial demage to WI, IA, IL and the Show Me state. Couple days ago the levee at Hanibal broke. Don’t know if the Mark Twain museum there has been demaged?

Categories
Saint Louis

I am back to St. Louis

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Bread and gas
Panera officially raised the price of Asiago cheese bagel, from 97 cents to $1.25, which is expected as I read it from news couple weeks ago. The regular unleaded gas is $3.999 in STL. Cheaper than Salt Lake city, but more expensive than Jackson, WY.

Some random thoughts about the trip
Chevlet Impala is good. Dodge Avenager is a piece of xxx.

Mount Washburn and Teton pass (WY-Idaho route 22) are difficult to drive. Perhaps also because I am getting older?

The news I missed
Tim Russert: the number and profile of people attended a journalist’s funeral and memorial service speaks the volume of his legacy. Quote Tim “go to other people’s funeral, otherwise they won’t come to yours”. I will write more about Tim later.

Anheuser-Busch Inbev merger (STLToday): now Buffett is into play because he has 5% stake in A-B. I believe he was incidentally pulled in, because he bought the A-B stock couple years ago mostly out of valution, not speculation on M&A.