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 and comment away. [ Via CNN ] By David Goldman, staff writerSeptember 1, 2010: 3:41 AM ET NEW YORK (CNNMoney.com) — A hot new smartphone can be Incredible, Vibrant, Epic […]
This comes to you via WSJ: Wall Street bonuses may come early this year. With the specter of higher taxes looming in 2011 and banks still reeling from last year’s U.K. bonus tax, executives at some financial-services companies are considering whether to pay year-end bonuses, traditionally doled out starting in January, sooner. Managing directors at […]
There is nothing better than comedy, a well delivered comedy to drive a strong point across. It applies to one of my pet topics: Focus on the fraud perpetrated by the for-profit colleges in US. In last night’s episode of Colbert Report, Stephen reinforces my arguments against the outfits who soak students with excessive debt […]
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 the vaults of depositary institutions. Stretching it would mean that you have expanded credit. More stretch means more credit. More and more stretch – to the point that it breaks, […]
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If you are into internet in any which way, you have a vested interest in the future shape of internet. In fact, the very fact that you are reading this article means that internet is in your life. Then, you cannot ignore the discussion and the policy on Net Neutrality. What is this net neutrality? […]
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I don’t need to write much – just watch this ABC news undercover video and see confirmation of whatever I have been saying for a couple of years. These guys at Universities of Fraud are worse than vultures. Look at the bold-faced lies by the senior official at the university. [This comes to you via […]
Chickens are coming home to roost at for-profit schools whose shares are publicly traded. For the last several weeks, the stocks have been week. Last week the stocks have take a turn for the worse. Today Strayer University was down as much as 15% . The impetus for this downfall is a report from the […]
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 […]
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 […]
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 […]
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 […]
Analyst firm Gartner has formed a new advocacy council around the issue of IT maintenance contracts and issued a “code of conduct” it wants vendors to follow, actions that could further intensify an already hot topic. Maintenance fees, which are charged annually in exchange for product updates, bug fixes and technical support, have come under […]
Watch it in its entirety. Don’t know if you remember Tiger Woods crashing the car while wife chasing him animation, it has become normal for thes chinese media channels to animate few popular news 🙂
