Canadian Auto Insurance Companies

According to the National Highway Traffic Safety Administration (NHTSA), “A motor vehicle crash is considered to be alcohol-related if at least one driver or non-occupant involved in the crash is determined to have had a blood alcohol concentration (BAC) of .01 gram per deciliter or higher.” Approximately, 40,000 deaths take place each year in the United States due to fatalities resulting out of drunken driving.

We all know DUI and the huge penalties for driving under the influence. Whilst most accidents happen during inclement weather and during festival time, most auto thefts also take place during festivals or holidays when people are less careful and get distracted with the celebration and fun around. I happened to read a blog post, “New Years is a popular day for car thiefs” on Canadian-auto-insurance.com, a site about Canadian Insurance. That’s when it occurred to me that being responsible about not driving under the influence is not enough, and there is a need for being vigilant about any signs of potential thefts or dangers even before a situation arises which calls for attention, especially during holiday season. Also, finding the right auto insurance company for your needs is critical. For those in Canada, here are some mandarin insurance tips… Kanetix.ca is an auto insurance company that will give you instant, real time auto insurance quotes from competing insurers and you could save $600 or more instantaneously. With more than a decade of experience in providing customers auto insurance, the auto insurance company provides you a daily quote ticker, articles to understand your own needs, and a huge variety of insurance rates and plans to pick from. For more information, visit the website.

Xbox 360 Red Ring of Death

Social networking applications seem to have become the coolest thing today, especially with youngsters. Apart from the iPhone, apparently, you should now be able to enjoy Facebook social networking and Twitter tweets very soon on Xbox live. Interesting! Last year, Microsoft Xbox 360 sold Sony’s PlayStation 3 in sales 3:1 on Black Friday. Come holiday season, seems like Xbox 360 will it’s upgraded features and options will be up for grabs. You can get a few options at bargain prices right now.

While we all love the Xbox 360 console, flashing red lights are scary, especially when it comes to the popular video game console’s red ring of death failure. Experts suggest that the failure rate of these consoles is rather high. But as with everything else, if you understand the cause of the problem, you should be able to fix it rather easily. If you own the Xbox 360, you are bound to have heard about the towel trick as a temporary fix, but what you may not be aware of it that trying to repair something without knowing what you are doing may cause serious consequences like catching a fire or permanently damaging your video consoles.

A simple trick such as keeping your Xbox 360 console in a cool area should be very useful. Keep it clean, keep it cool. Still if a situation arises where you need it needs repairs, check the A-List of the best Xbox 360 Repair Guide for all Xbox 360 versions, along with easy instructions for download at xbox360redringofdeathfix.net. One distinguishable feature of this site is professional high-quality, 720px high definition step-by-step video tutorials making it easy for everyone to use and fix their Xbox themselves. Most importantly, the site provides simple and safe solutions for your consoles.

Personal Finance: Invest your Savings in Gold

Housing bubble burst followed banks going bankrupt. What next? Tax revenue collected will decline as unemployment rises further, and the US dollar will weaken further and will not have much value in the months to come as more investors worldwide will invest in more tangible commodity assets like gold rather than volatile paper money, or in the next strongest currency.

Bullion dealers are seeing business revving up in this global meltdown and many have sold their houses in return for gold as historically gold prices have never gone down to zero, even if they dip periodically. 2008-2009 have shown increasing trends in the gold price in commodity terms.

Year     USD/Troy Ounce
2000    272.70
2005    513.00
2008    865.00
2009    925.00 -1200.00 (Current-Expected)

London has the world’s largest market for gold trading, and in 2008, the value of gold trading rose 58% to a record $20.2 trillion (£13bn), according to trade body International Financial Services London (IFSL).

Americans are overpaying on American Gold Eagle coins by hundreds of dollars due to the huge mark-up by dealers, or even if they are bidding on eBay. Yet, it seems like a good proposition for short term gains. For long term gains, it would make more economic sense to invest in gold mining stocks or gold bullion bars that trade close to their bullion value.

For those who do not know, South Africa China is the highest producer of gold in the world since 2007, and may soon overtake India, the highest consumer of gold today in gold consumption also with the demand for gold being triple in 2008. China has an estimated $1.3 trillion invested in dollar-denominated investments, a mere 0.9% of its reserves in gold (600 tonnes), whereas US has 77.3% of its foreign reserves in gold. To increase China’s reserves even marginally, China will have to mass-purchase bullions which will skyrocket the prices to way more than the expected $2000. Gold is the only back to back the yuan as the dollar’s status as a reserve currency will decline sharply, and China is all set to do it.

Gold prices in India have hit record highs over the past few weeks, partly reflecting a sharp depreciation in the value of the rupee that has made dollar-priced yellow metal a lot more expensive, and more people are selling their gold jewelery or exchanging old jewelery which is good for short-term gains. But bad for long term gains as the price of gold is only expected to rise to as high as $1200 per oz by the end of 2009.

It’s time to act – Diversify your virtual gold portfolio, invest in gold mining stocks and hold your gold until you get the best value selling it.

Fourth Bailout for AIG’s Record $61.7bn Loss

Wall Street falls on AIG’s biggest quarterly loss in corporate history. The government is willing to pump another 30 billions of tax dollars once again into American International Group (AIG) for the FOURTH time, the first time being in September 2008 when Lehman Brothers collapsed.

Recent bail-outs received:

  • AIG – $180bn
  • Bank of America – $45bn
  • Citigroup – $50bn
  • JP Morgan Chase – $25bn
  • Wells Fargo – $25bn
  • Goldman Sachs – $10bn
  • Morgan Stanley – $10bn

That makes a total of $345 billion in the recent bail-outs to some of the biggest financial companies, not to mention the multi-billions of dollars received earlier, and AIG receiving more than THREE times the bailouts received by BOA or Citibank.

The government owns nearly 79.9 percent of AIG’s holdings, which involved a $60 billion loan, a $40 billion purchase of preferred shares and $50 billion to capitalize it’s toxic assets, further spending $30 billion additional capital in return for preferred stock. The Treasury Department said it would convert it’s preferred stock into new preferred shares, similar to common shares. This $62 billion is the highest ever loss recorded in corporate history.

Warren Buffet says the economy is in shambles as a consequences of the US housing bubble, and this will continue in 2009, however gives some hope that the best days for America are still ahead and while it may take time, the economy will recover.

Given the bailouts after bailouts, it would be no surprise if AIG breaks it’s own record once again. Is there a cap on bailouts or would the Obama government go on spending until it has nothing left to spend?

Business Web Hosting Service Models

As some of you might know by now, we have a new full service web offering that clubs design, hosting and managing plan at WP Pro, the concept brings in everything you need to design, build and operate a professional web site, without dealing with multiple service providers. In order to do so, we looked at other business web hosting service providers for ideas and found McKremie to be the one that made the most sense for the scale and personal attention to detail we were comfortable offering.

Since one size does not always fit all, McKremie offer two common sense hosting plans. The Standard Plan is the “everyone plan” and with disk space of 5,000 MB and bandwidth of 1,000 GB it accommodates most websites out there. But for the more serious and advanced user, developer or reseller, they offer a Business Plan with disk space of 15,000 MB and bandwidth of 3,000 GB that allows our customers to get more of the resources and the optional dedicated IP. With McKremie, you can save 20 percent by paying one year up-front on both of the web hosting plans, making this model a win-win for both the host and the user.

After studying the McKremie strategy, we adopted a single plan strategy at WPPro and allow our users to control every part of their site if needed. Since we host the domains and perform the maintenance on servers are powered and partly managed by Media Temple (mt) we can ensure a worry free hosting platform with instantaneous capability to burst/increase resources.