Two days after I said that Feds are continuing their war on savers, one of the Fed governors came out and more or less agreed with me. Federal Reserve Bank of Kansas City President Thomas M. Hoenig, the Fed’s longest-serving policy maker and one of 10 people who decides the interest rate borrowers pay on […]
Making predictions is a suckers’ game. (Believe me, I know). But Brett Arends of WSJ summarizes some serious concerns faced by the market. This week’s bone-rattlers may be making you wonder” and says: “way too many people are way too complacent this summer. Here are 10 reasons to watch out.” And without further ado… The […]
దమ్ముంటే Costco! అమెరికాలో ఉన్న తెలుగు వాళ్ళ దగ్గర షాపింగ్ టిప్స్ చాల చాలా తెలుసుకోవాలని మా మామగారు అంటుంటారు. నా ఫ్రెండ్ సుబ్బారావు ఇంటిపేరు ఏమిటో చాల మందికి తెలీదు. షాపింగ్ సుబ్బారావు గా పిలువబడే అతని ఇంటిపేరే షాపింగ్ అన్నమాట. షాపింగ్ టిప్స్ లో competition అంటూ ఏదైనా ఉంటె, అందులో సుబ్బారావు అలవోకగా నేగ్గేస్తాడు. మీరేమైనా సుబ్బారావు తో షాపింగ్ టిప్స్ మీద పందెం కడతారా? అయితే, దమ్ముంటే Costco! ————————– ఇంతకీ […]
Life, liberty and the pursuit of happiness. I want dignity before happiness – for, it precedes happiness. This disturbing news comes to you via Huffington Post: More than a thousand people gathered Wednesday outside a metro-Atlanta shopping mall in hopes of being placed on a waiting list for federal housing assistance. Fights broke out, children […]
Long before Before Jim Cramer became a TV icon, he used to participate on Silicon Investor bulletin board. Circa 1998-2000 I had a few nasty exchanges with him. I once told him (paraphrasing), “Jim, when history is written about the Go-Go 90s, you will go down in the books a icon of the cheer leading […]
With current financial turmoil entering its fourth year, it is time to reflect on things that got us here. Today Ben’s bandits at the Fed announced that they will buy US debt (“in small quantities”, yeah – right!) to stimulate the weakening economy. Call this quantitative easing 2 or plain old printing, it only means […]
KV Reddy is undoubtedly the best director in the 76 year history of Telugu cinema. He can take a silly fantasy and embed it in Mahabharat epic (Mayabazar) or even sillier fantasy set in medieval times (Jagadekaveeruni Katha) or a regular social drama (Donga Ramudu) and make a fantastic entertainer out of each one of […]
In an article today, Times of India featured Telugu flavored radios that are not based in India. TORi was covered. While I question the claims made by some operators, this article is an interesting read – at least for me. Turn up the radio: Time to bond by Padmini Copporapu Increasing Number Of Radio Stations […]
One of my passionate topics, which I often discuss on this blog is the fleecing of students by for-profit higher education institutions. Whenever I see news like this, I feel angry and hurt. I can certainly hope that the likes of University of Phoenix are shut down for good – sooner, rather than later. This […]
Aug 5, 2011 Update On the heels of the 512 point drop in DOW yesterday, one would be tempted to tune to CNBC for hand-holding – forgetting the fact that CNBC is one of the enablers of bubblonomics, a cheerleader for failed policies, and a mouth piece for fraudsters. First, listen to what Jim Cramer […]
[Developing] Ladies and gentlemen, TRS may have won the by-elections by spreading misinformation and lies, stoking the emotions and by orchestrating hate against people of Rayalaseema and coastal districts. Spineless leaders of major political parties played into the hands of TRS rhetoric and handed them a victory. All this proved only the obvious – people […]
We all know the classic tale: “The Emperor’s New Clothes” (Danish: Kejserens nye Klæder) it is a short tale by Hans Christian Andersen about two weavers who promise an Emperor a new suit of clothes invisible to those unfit for their positions or incompetent. When the Emperor parades before his subjects in his new clothes, […]
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Jim is a straight shooter. He is one the best minds there is who has uncanny knack with commodities and macro trends. I pay attention whenever he talks. You too should pay attention to this veteran and ignore other pigs who always promote the Street on CNBS. He echoes my sentiment, “European Stress Test is […]
What are the top 10 best colleges work for? I don’t know about them. I love my job and my employer (even though they didn’t give me a rise in 3 years). Though it is large — more than 30,000 students and nearly 3,000 faculty — the Chronicle of Higher Education reports that employees at […]
It really hurts me to say that I agree with Newt Gingrich, but I agree with him in calling Obama administration being “incompetent,” with respect to firing Shirley Sherrod. It hurts me even more to agree with Fix News: “The fact is, Obama Administration forced Sherrod to quit.” True. Based on what? Based on some […]
