Maxed Out, a documentary about credit card debt


Short Synopsis (from the website):

Maxed Out takes viewers on a journey deep inside the American style of debt, where things seem fine as long as the minimum monthly payment arrives on time. With coverage that spans from small American towns all the way to the White House, the film shows how the modern financial industry really works, explains the true definition of “preferred customer” and tells us why the poor are getting poorer while the rich keep getting richer. Hilarious, shocking and incisive, Maxed Out paints a picture of a national nightmare which is all too real for most of us.

AlJazeera English: Abuse of Indonesian Maids

Source: Wikipedia

AlJazeera English: Maids in a living hell

Thousands of Asian women leave their homes each year to seek better jobs abroad as domestic workers. Many of them are treated well, but some – subjected to physical and mental abuse – endure a living hell.

Krispy Kreme SM Mega Mall

Source: WikipediaKrispy cKreme

// via Flickr

Krispy Kreme Mega Mall Branch

This is my first post under the Mystery Shopping category.

I visited the SM Mega Mall branch of Krispy Kreme last Saturday at about 10:30 AM. I was to meet a close friend that day and needed a place to wait. I could have stayed at any of the two branches of Starbucks Coffee but I thought that I’ve been to that café too many times so I headed for Krispy Kreme.

As we all know, Krispy Kreme is a US doughnuts franchise that is expanding outside of its home market. It was brought to Philippine shores by the owners of Max’s Restaurant.

This is visit is only my second time to visit the store. The first one was about four to five months ago, I lost count. However, I do remember that in my first visit I bought a dozen Krispy Kreme doughnuts for the first time. I guess I got curious because you always see product placements all over US movies and television shows, I might as well know what the fuss is all about.

Anyway back to my story, as I enter the store I was courteously greeted “good morning” by the staff. I approached the store’s doughnut display at the counter to see if any new doughnut flavor would tickle my fancy. In less than thirty seconds I was asked by counter staff of my order, I did not answer immediately but was given a free sample of their “Original Glazed.” I told him that I’m interested in coffee and was told about their different coffee styles and flavors.

Continue reading

Strawberries and Blueberries



I was at Rustan’s Supermarket last Satuday afternoon and saw that Rustan’s now sells imported strawberries and blueberries from the USA.

New Zealand Film Festival

The film festival is collective of several film festivals that will happen in major New Zealand cities such as Wellington, Christchurch, Auckland and Dunedin.

This year the Filipino film, Tuli of Auraeus Solito (The Blossoming of Maximo Oliveros) will be shown to New Zealand audiences. 

Latest New Zealand Immigration Headlines

NZ Herald: Migration policies are bad for the economy, says academic (5:00AM Tuesday July 10, 2007 By Angela Gregory)

New Zealand’s immigration policies attract far fewer skilled migrants than suggested and while good at building new suburbs are bad for the economy, says a Massey University academic.

NZ Herald: Migrant reduction puzzles business (12:00PM Friday July 06, 2007)

The business community is struggling to understand the Government’s decision to cut the number of skilled migrants.

NZ Herald: Immigration cuts don’t go far enough – NZ First (6:00PM Thursday July 05, 2007)

New Zealand First says a cut to the immigration quota does not go far enough.

NZ Herald: Government wants fewer immigrants (1:40PM Thursday July 05, 2007)

Persistent inflation has forced the Government to lower its resident migrants target despite ongoing skill shortages in several industries.

Does Dollar Cost Averaging (DCA) Work?

What is DCA?

Dollar cost averaging is an investing technique intended to reduce exposure to risk associated with making a single large purchase. The idea is simple: spend a fixed dollar amount at regular intervals (e.g., monthly) on a particular investment or portfolio/part of a portfolio, regardless of the share price. In this way, more shares are purchased when prices are low and fewer shares are bought when prices are high. The premise of dollar cost averaging is that the investor wants to guard against the market losing value shortly after making his investment. Therefore, he chooses to spread his investment over a number of periods. (From Wikipedia)

According to these two articles they don’t.  Click the links to find out.

MSN Money Mutual Funds: The costly myth of dollar-cost averaging – By Timothy Middleton

Popular wisdom says scheduling your investments is the best way to make money. But it’s actually a sales gimmick to wheedle over time what you won’t commit up front.

USA Today: Dollar-cost averaging’s not all it’s cracked up to be – Investing By John Waggoner

Sometimes, things aren’t as bad as they seem. They’re worse.

You don’t want to crash through the floor when you’re checking for termites. And when the doctor checks out that nagging rash, the four words you don’t want to hear are, “Nurse, evacuate the building.”

Maraka – A Dora Spoof

New Phone

Wikipedia []

Last Saturday, June 30, I bought a new mobile phone.  It is a Nokia 6300.  The price was about PHP12,500 or around USD275.

I had to buy a new phone because my old one, the Nokia 3230 is nearing the end of its life.  I kid you not, my old phone goes loco every Saturday.  It just turns on and off.  It does not happen anytime of the week.  Its so weird so I just had to replace it.

The phone is ok.  What I really like about Nokias than any other mobile phone manufacturer is that they have Tagalog predictive text input.  No other phone has that.

Like anyone else, if I had more money I would buy a more expensive and top of the line model like the Nokia N95Nokia E65, Nokia E61iSonyEricsson P1O2 xda Zinc, or an HTC Touch