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In The News, Telugu Nadu, TG Roundup January 27, 2010

Sri Gummadi Venkateswara Rao: 1927-2010

“మన నాన్న” గా మనందరికీ ఆత్మీయుడు అయిన శ్రీ గుమ్మడి వెంకటేశ్వర రావు గారు మనకిక లేరు. Sri Gummadi Venkateswara Rao is no more. Many of us remember him…

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Business, Economy, USA January 25, 2010

Can’t Pay, Take the Keys

This event by itself may not unsettle the credit markets like the news of Lehman Brothers bankruptcy filing did. But it epitomizes the symptoms of this country’s corrupt financial system where excessive credit and leverage has pretty much sucked every last penny out of the system – especially from the hardworking middle class.

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Business, Economy, Markets January 25, 2010

Give What We Want or Else…

It is irrelevant which party is in power, the modus operandi is the same. Give us what we want, or else markets will tank! What we know from this process is that it is not the elected officials who are in charge. This is no democracy. This is an oligarchy. A bunch of fat cat bankers and large corporations are in charge. Not the Congress. Not the President.

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India January 25, 2010

India’s Journey

As we all know Time magazine reflects the current events on their cover page, India was on several times from the pre-independence era but for…

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Telugu Nadu January 23, 2010

Welcome, Chakravarthy Garu

We both believe that the facts, historical or contemporary, do not support the argument for division among Telugu people. This Telangana separatist movement is fueled more by hate-mongering by vested interest groups than it has any factual basis. When when some facts are valid, they are either accidental, or twisted – but definitely not due to evil-design by the people of one region. FYI, Chakravarthy hails from Nagonda disrtict and I hail from the neighboring Guntur district.

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Economy, Markets January 23, 2010

Obama’s Words Didn’t Cause the Market Slide This Week

For several months, the market has been heavily manipulated by the Feds and the influential trading firms on Wall Streets. Now what? Looks like on Friday the market averages retreated to a technical support level (holding the 11-month uptrend line.) The markets may be due for a short-term bounce. But I do think that this may be the beginning of another steep slide in the market.