Movie ticket prices: Regulation versus Free Markets
Those who are active on the Indian movie scene might have heard about the block-buster release of the south Indian movie Robo that came out…
Economy
The Backdrop for US Election Results: Economy
In Yesterday’s US elections, 54% of the voters were concerned about the economy and their own jobs. Only 7% were concerned about health care. Is…
Eenadu article on Chanakya
Eenadu sunday edition (10/31/2010) published an excellent article on the great Chanakya . Click on the photo to read it. Super article which is relevant…
Meet the Unemployed in Silicon Valley
The Wall Street elite have no empathy for the road-kill they ran over while driving drunk. This mess has the signature of Alan Greenspan and…
Implications of the Foreclosure-Gate
Not even for a second think that the unfolding foreclosure-gate is a small problem. Last week a California family (Squatters, Danielle and Jim, reclaim their…
There is No Honor Among These Thieves
His name is Jerome Kerviel. He was a trader at Societe Generale, a French bank which did speculative trading as its main business along with…
What is POMO King Ben Upto?
POMO stands for permanent open market operations by the US federal Reserve Board. With a POMO, the Fed buys the US Treasury debt and pumps…
Savers, Stop Whining! (No, This is Not a Joke)
This comes to you via UK’s Telegraph: Savers told to stop moaning and start spending Savers should stop complaining about poor returns and start spending…
Manufacturing in US is Officially Dead: Turn the Lights Off
Yes. Manufacturing in US is officially dead. Turn the lights of, literally! Washington Post: Light bulb factory closes; End of era for U.S. means more…
Why all Smartphones are priced at $ 199.00
There is an excellent article on why all of the newest and greatest smart phones are priced around the $ 199.00 price point. Read it…
Rubber Band Economy
What is a rubber-band economy? Imagine the rubber material to be hard cash (currency in circulation) – notes, coins etc outside the central banks and…
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Low Interest Rate Policy is a Dangerous Gamble: Says One of Them
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…
Could Wall Street be About to Crash Again?
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…
Feds to Continue their War on Savers
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…
Dylan Ratigan Shows Some Guts
Guts, or kahunas as some would call it, look like this: In this video, Dylan raises temperature on the congressman who does nothing but divert…