Very few of us look forward to major changes in our lives. Once we become comfortable with how our lives are working, even if they aren’t, it can be very upsetting to have them changed by someone else, or make the changes ourselves. No one likes to be out of their comfort zones. How can […]
Geithner’s Financial Plan: Much Ado About Nothing
Yesterday Treasury Secretary Timothy Geithner "unveiled" the Obama Administrations new plan for economic recovery. The almost ten pages of the speech given by Mr. Geithner were released shortly thereafter. Wall Street closed and responded in the same manner I did. Amid all the speculation and advance press releases in the end all the hype was "much […]
Are Govt. Employees more privileged?
Are Govt. Employees more privileged? By:Maharaj Shah Despite Global Economic slow down and situation near deflation in money circulation Indian Public Service sector and Government officials received a huge pay hike in their salaries. This is completely in contrast to their counterpart in the private sector employment where retrenchment, and wage freeze and […]
US details Toxic asset programme
The US has given details of a $500bn (£343bn) plan to encourage private investors to buy up toxic assets. The plan will offer subsidies in the form of low-interest loans to private investors to encourage them to buy troubled mortgages and other loans. Writing in the Wall Street Journal, US Treasury Secretary Timothy Geithner said […]
American Apparel expects higher sales in 2009
American Apparel Inc. said Tuesday that it expects full-year sales to come in above its prior-year results amid new store openings. The teen retailer, which received an $80 million investment last week, anticipates 2009 revenue in a range of $575 million to $600 million. It reported 2008 sales of $545.1 million. American Apparel said it […]
The Middle East War: Is It A Banking War?
Since it is clear to most Americans at this point that America’s continued presence in the Middle East in both Iraq and Afghanistan is not at all primarily as a response and defensive mission with respect to the attacks on this country by Osama bin Laden and the Taliban in September 2001, but for purely economic […]
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