In The News – Page 8

Podcasts, Worldwide, అన్నా, ఇది అమెరికా! September 11, 2011

Keynsian Economics and China’s Infrastructure Projects

సెప్టెంబర్ 9 , 2011 MMGL show లో చైతన్య గారితో నేను చేసిన సంభాషణలో, చైనా దేశం లో ఎడా పెడా కొత్త కొత్త నగరాలు కట్టేస్తున్నారు అని చెప్పాను. ఇవి భూతనగరాలు (ghost towns). ఒబామా ఉద్యోగాల పధకం విఫలం అవుతుంది అని చెప్పాను. ఈ సంభాషణ విన్నవాళ్లు ఈ వీడియో చూస్తే నేను చైనా గురించి చెప్పిన విషయం అర్ధం అవుతుంది. అలాగే solar power గురించి మేము మాట్లాడిన ఉపయోగకర విషయాలను […]

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USA, అన్నా, ఇది అమెరికా! September 9, 2011

Twin Towers, The Symbols of Sept 11, 2001 Tragedy, Remembered

The prime target of the 9/11/01 terrorist attacks, the Twin Towers of the World Trade Center may be gone, but the memories are with us for more reasons than one. The above picture of mine (another rare shot in which I am smiling) with twin towers in the background was only supposed to be a […]

Economy, అన్నా, ఇది అమెరికా! September 8, 2011

Consumer Credit: The Engine That Stalled the Economy

For decades, US consumers’ rampant borrow and spend habits have propelled the economic engine in US. I wrote earlier in July that a major slowdown in consumer spending has been the real reason for economic weakness in the so called “Great Recession.” Zero Hedge just put out a simple chart that explains current weakness succinctly. […]

In The News, అన్నా, ఇది అమెరికా! September 7, 2011

For the Corrupt Feds, Wall Street is the Main Street!

If you think that there is excessive corruption only in South Asian countries like India or other third world countries, think again. The corruption in United States is at times 1000s of times worse. Here it is more institutionalized. I present to you one such institution – The Federal Reserve Board of New York. The purported […]

Business, అన్నా, ఇది అమెరికా! September 5, 2011

Good Read – Nasim Taleb “The Great Bank Robbery”

This is a good read. Via CNN. For the American economy – and for many other developed economies – the elephant in the room is the amount of money paid to bankers over the last five years. In the United States, the sum stands at an astounding $2.2 trillion. Extrapolating over the coming decade, the […]

Worldwide, అన్నా, ఇది అమెరికా! September 5, 2011

Labor Monday Massacre for European Stocks

As US markets are closed for Labor Day, it got ugly in Europe today. The news got more gloomy over the weekend and today. Greece’s second bailout is in trouble Italy troubles deepened DAX was down more than 5% today. According to Belgian Nieuwsblad, the CEO of Belgium’s biggest bank has just resigned. Zero Hedge […]

Business, USA, అన్నా, ఇది అమెరికా! September 3, 2011

DISH Network to Serve Streaming in Competition with Netflix

Not just Amazon, DISH is going to start competing with Netflix. DISH also bidding for HULU. Netflix, the stock, is a toast. (Via Bloomberg) Dish Network Corp. (DISH), the second largest U.S. satellite-TV provider, will introduce a Blockbuster streaming-movie service to compete with Netflix Inc. (NFLX) next month, according to a person with direct knowledge […]

Business, In The News, USA, అన్నా, ఇది అమెరికా! September 2, 2011

Dan “Shitty Deal” Starks’ More “Shitty Deals” were Cited in FHFA Complaint

Remember this colorful exchange between Senator Carl Levin (D-MI) and Dan Starks of Goldman Sachs, who described in an internal e-mail that the securities Goldman sold was (on Timberwolf) is “one shitty deal?” Watch this video on YouTube ————- Watch this video on YouTube Well now, chickens are coming home to roost and Goldman could […]

In The News, Markets, USA, అన్నా, ఇది అమెరికా! September 2, 2011

Markets Take Horrible Jobs Data into Stride, FHFA Sues Banks

The month of August accounted for zero job growth in the USA.(HuffPo) The U.S. economy added no new jobs in August as the unemployment rate stayed steady at 9.1 percent, the Bureau of Labor Statistics reported on Friday, the most concrete sign yet that the recovery has stalled out and a double-dip recession may well […]

Arts, Culture, History, Interviews, Songs, Telugu Nadu, అన్నా, ఇది అమెరికా! August 29, 2011

Mohana Muralidhar with Sri Jonnavittula (Nov 2008) – 2 of 2

Mohan’s Note: This podcast is sponsored by Audible.com®, a leading provider of spoken audio information and entertainment. Listen to audiobooks whenever and wherever you want. Please visit the sponsor site for a free audiobook and a free 14-day trial. In this part 2 of my first interview with Sri Jonnavittula, he answered such questions as […]

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Markets, Opinion, అన్నా, ఇది అమెరికా! August 26, 2011

Where to Put Your Money?

I often get asked about where to invest savings. I express opinions on markets, but I don’t dish out investment advice. i.e. I won’t tell you what to do with your money. I can point to some information that I believe is credible – like this gentleman’s advice on what to do with your money. […]

USA, అన్నా, ఇది అమెరికా! August 26, 2011

Orwillian Dogma: “Not All Tax Relief is Created Equal”

Definition of Orwellian: “Orwellian” describes the situation, idea, or societal condition that George Orwell identified as being destructive to the welfare of a free society. It connotes an attitude and a policy of control by propaganda, surveillance, misinformation, denial of truth, and manipulation of the past, including the “unperson” — a person whose past existence […]

Business, Markets, అన్నా, ఇది అమెరికా! August 25, 2011

Morning Update (Aug 25, 2011): Bank of America is Hungry for Capital. Heads for Buffet

“Never believe in anything until it has been officially denied” – unknown. After days of denying speculation that Bank of America needs more capital, Bank of America did the expected – it raised capital. No ala carte. They went straight to Buffet and gave him a sweet deal. Uncle Buffet knows that sooner or later […]

In The News, Worldwide, అన్నా, ఇది అమెరికా! August 24, 2011

Hugo Chavez is Gold Member!

This is a bit dated news (from last week). I could only get to comment on it only now because I wanted to post this with this graphic. Who would have thunk that a third world dictator could bring Bank of England and the Derivatives King, and the anti-gold cartel leader JP Morgan to their […]

Markets, Opinion, అన్నా, ఇది అమెరికా! August 24, 2011

High Frequency Trading Could be the Main Cause of the Next Major Crash in Stocks

Most retail investors are out of stock market in the US. 50-60% of the daily volume is now accounted for by High Frequency Trading (HFT). Many have said this before – the next major crash will be brought to us by the HFT firms.