Profits For Corporations Vs. Health Of Amercicans On Tuesday, Wall Street took a big hit closing down more than 2 percent: The Dow industrials average closed Down 2.10 percent, while the tech-laden NASDAQ composite index fell 2.37 percent and the S&P 500 closed 2.35 percent lower. The losses were attributed to the minutes of the […]
Effects of Outsourcing IT Positions to Low Cost Countries
BACKGROUND: Off shoring – the transfer of high wage U.S. jobs to lower cost overseas locations especially in Banking Industry is enabled by improved communications technologies and driven by the desire of corporations to establish a business presence in potentially lucrative foreign markets as well as to take advantage of the lower costs of production […]
Why are some countries rich and others poor?
Richness and poverty are the outcomes of human effort. Richness is the result of efficient effort whereas poverty is the result of lack of efficiency in the historical background from time to time. Time can speak. It can speak according to the effectiveness of thought and its usage. Time is not bias to the richness […]
Payday and the Feared Deductions
Aiming for a Payday With No Loan Amortization Scrawled In The Pay-Slip By Marciano Paroy Jr. Electric bills, food on the table, school fees for the kids, monthly amortization for so many kinds of loans – not to mention the amount you borrowed from a friend last week – these are the […]
Square Peg in a Round Hole – Being a Creative Artist in the Corporate World
Those of us who are highly creative and artistic employees know how we can be looked at differently by those who operate from the other side of the brain in the corporate world. It can be hard to fit in to conservative work environments at times for those of us who are free-thinking and artistically […]
Agriculture the Culprit for Child Labor?
A study by the ILO – International Labor Organization revealed that today there are approximately 218 million child workers in the world, 70 percent of them (approximately 132 million) in agriculture. Jose Maria Sumpsi, FAO assistant director for Agriculture and consumer protection, deemed this number “unacceptable,” adding that these children often have to work in […]