I hope most of the folks are not affected by the Toyota recall. The news surfaced five months back . For all their excellence Toyota lost car making in the last few years. The pressure of becoming number one probably forced them to cut corners. Click here for an interesting read on the behind the […]
The problems in Greece have exposed structural problems associated with Euro as a currency. Several parallels are drawn between Greece and Bear Sterns: Greece problems are to sovereign debt as Bear Sterns problems are to mortgage debt. I am watching this unfolding crisis with disgust over two things: a) Wall Street corruption that has a […]
As I have alerted earlier on this blog that the epicenter of a new financial storm is currently centered in PIIGS countries – specifically, Greece. The problem is simple – Greece borrowed heavily for Olympics related spending and other growth. About 30 Bil Euros of that debt is due or needs to be rolled over […]
Here is a nonsensical rant from a right-wing nut and a CNBS host Larry Kudlow. According to this ‘recovered’ drug addict and yet to recover ‘BS’ addict, all tax cuts are good, unions are bad. Bailouts are a necessary evil as long as they prop markets which were not fundamentally justified being at the levels […]
In my childhood days, my grandfather used to punish me and my cousins when we do naughty stuff – not to mention that our teachers too gave a dose or two when we broke rules. Does being punished affect our brain? This is a technique practiced in India for more than 10,000 years and it […]
For most people a tutorial on making grilled cheese is probably akin to explaining how to tie your shoe, but a friend was recently complaining that her 3-year-old rejects any grilled cheese sandwich with even the slightest hint of burning (scraping the burnt bits into the trash doesn’t fool her!) so we shared with her two small tips for making it perfect every time.
Yikes… Mid-Atlantic states barely dug themselves out of the 30+ inch piles from last Fri-Sat snow. Many streets are only operating in as single lanes. More is on the way (it is already here in DC). We are pretty much snowed in for the last 5 days. Another 10-20 inches is expected tonight and tomorrow. […]
They claim to be the smartest, better than the best. yada yada yada. May be, they are better than the best at keeping the right people in right places. Ladies and gentlemen, “Goldmen” and their Sachs are everywhere there is power. Goldman Sachs is the power. [media id=33]
“Happiness is like a butterfly: the more you chase it, the more it will elude you. But if you turn your attention to other things, it will come and sit softly on your shoulder.”
[Via – LifeHacker] Photo by karindalziel. The Web Worker Daily blog reminds us that today is National Clean Out Your Computer Day. Want to do some serious PC cleaning but not sure where to start? We’ve got your back, so let’s get with the purging. Clean Out Your Inbox One of the first places you’ll […]
Mark Faber doesn’t need introduction. A smart, no, very smart investor. Listen to what he has to say.
Plastic bags may not be friendly to the environment, but when recycled, they can be the earth’s best friend. Even better? Plastic bags can add a touch of chic glamour to every home they grace. Don’t believe your grocery bag and “chic” belong in the same sentence? Think again: Recycle your lighting! Photo: New York […]
Recent slide in markets is mainly attributed to the implosion of economies in PIGS (Portugal, Ireland, Greece and Spain). While this is going on,rumor is that Goldman is incurring significant losses YTD (year-to-date) on carry trade and may have to place stop-loss orders. One might ask, “What is a carry-trade?” I was going to explain. […]
Gretchen Morgenson of NY Times is a great business reporter. She is one of the few financial reporters who went against the market hype during the dot com does real work. In her latest NY Times piece (Testy Conflict With Goldman Helped Push A.I.G. to Edge) she exposed Goldman Sach’s sleazy maneuvers that may have […]
Jeff Dunham is a ventriloquist. Achmed, the Dead Terrorist is among is great acts. This video is one of the most watched videos on YouTube: over 106 million and counting! I might have been counted there at least 6 times. This is hilarious and fun. Enjoy. [media id=32 width=480 height=360]
