Short-Term Yields Going Negative In simple English, it means that you have to PAY THE BANK TO KEEP YOUR money. This kind of imbalance happens in extreme panic situations.Via Zero Hedge: The stunner in this morning’s newsflow (the long, long overdue market collapse which is a much needed catalyst for QE3 should not surprise anyone), […]
As of May 2011, 45 million Americans, or 15% of the population are on food stamps. In 2007 the number is a mere 26 million. The great recession added nearly 20 million people (or as the well healed right-wing talk show bigots call them, “parasites”) into this social safety net. ZedroHedge noted a peculiarity in […]
It has been almost 5 months since I interviewed Manchu Lakshmi on my show. Apparently the popularity of her E-TV show, “Prematho Mee Lakshmi” is growing by leaps and bounds. The podcast of my interview with her is still getting a lot of hits on TeluGlobe. I also get e-mails that commend me or criticize […]
Debt ceiling debate is over. Once again, Republicans won the fight (not the debate). Congress passed a bill that would have no “revenue increases” (Democratic euphemism for taxes) on the “job creators” (Republican euphemism for corporations on welfare, tax dodgers, and those who are in the top 1% of earners). Grandma on Social Security, tough […]
Fair warning. For mature audience only! I don’t recall laughing this much watching a comedy clip. “caucus blockus” Williams: “Grow-up Fallon.” Fallon: “Growing is easy. I have a Boehner now.”
As in the case of Tri-Valley University, about 90% of the students who are affected by this action by the Feds are Indians, and a vast majority of them are from Andhra Pradesh. In this particular case, I beg to differ from the standard line of excuse: ignorance or innocence. We all know the maxim: ignorantia legis neminem excusat (ignorance of the law excuses no one.) I contend that it is willful participation by many students.
This the interview I talked a lot about on my July 29th show. If you don’t like RK’s style of interviewing, ignore him and focus on what she is saying. I will not be surprised if she wins it all the way and be next Miss Universe. Watch this video on YouTube
If you missed the Netflix ads or Netflix story of late, you must not be living in the United States. Regular listeners of my show know that Netflix is one of my beat-up horses. I was on record saying that it is a company with a bloated stock price and potentially an accounting scam artist. […]
Carl Bernstein – the Washington Post investigative journalist who (along with Bob Woodward) exposed Nixon’s 3rd rate burglary and break-in of Watergate weighs in on Murdoch’s News of the World hacking scandal. He doesn’t mince any words. Visit msnbc.com for breaking news, world news, and news about the economy
This is a fake job announcement for which two or three candidates will be interviewed on air on Friday’s (July 22) Mohana Muralaee GaanaLahari on TORi. My guest Dr. Michael Krimmer and myself have expertise in GIS. So, it is not surprising that I chose to place this fake announcement for a GIS Analyst. This […]
The GOP law makers and talking heads criticize the President for not naming cuts in the budget. Then the GOP majority house passes a joke-of-a bill with a fancy title, “Cut, Cap and Balance” [for cut spending, cap the debt ceiling instead of filing for bankruptcy and balance the budget]. Name is catchy. Intended purposes […]
Once again, Jon Stewart gives Fix News taste of their Own Medicine on his Jul 19th show. Cal Thomas on Fox: “The biggest case of piling on since the last rugby game I saw.” Jon picked from that moment and pounced. Jon contrasted Fox’s hysteric coverage of a comment made by NPR executive to virtual […]
The American economy is 2/3rd consumer spending. In the 1990, cheap credit boosted consumer spending via revolving. In the 2000s, the meteoric rise in home prices led to consumers tapping their home equity to keep spending (referred to as ‘the Home ATM’). Now, both credit spigots have been stopped. Furthermore, the consumer is already in […]
My good friend and a former student of mine, a veteran of the US Air Force, and currently an Assistant Professor in the Norther Virginia Community College (NVCC) System, Colonel Michael Krimmer, Ph.D. will join me on July 22, 2011 MMGL. We will will chit-chat about professionalism and career planning. [Fair warning: Neither of us […]
TORi-NATS Telugu American Idol 2011 has come to a close on July 1, 2011 when 17 finalists competed live, on stage at NATS convention on in NJ. In a special live show on July 15, 2011 Srinivas Chennuri, and Jaya Burra introduced the TORi-NATS Finalists to TORi audience. Participants and the organizers (Srinivas Chennuri, Jaya […]
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