Fed’s $600B (on top of 2009’s $1.5T) QE 2, a.k.a Printing
More on this loony action by Bernanke, the crackpot No 2 (No 1 was Greenspan) later. For now , check this pic, which I stole from the Big Picture Blog:
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anudina dIpAvaLi (Everyday is Deepavali)
Tomorrow (Fri 05-Nov-2010) is Deepvali. Wish All A Happy and Merry Deepavali. I am attaching my greetings prepared in Telugu. For the benefit of non-Telugu people, I try to translate my Telugu Lyric: >>> anudina deepavali [everyday is deepavali] [Apart from litting a lamp, consciously or unconsciously we do 3 tasks, namely: – we lit […]
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 there any surprise why there so much anger towards politicians and the banks? [I will post something on election results later.] If you are an unemployed person, you already feel […]
Another Insane Diatribe
From OneIndia: తెలంగాణ రాష్ట్ర సమితి (తెరాస) అధ్యక్షుడు కె. చంద్రశేఖర రావు మరోసారి నోరు పారేసుకున్నారు. తెలంగాణకు రెడ్లే ద్రోహం చేశారని ఆయన ఆరోపించారు. ఆంధ్ర, రాయలసీమ ప్రాంతాలకు చెందిన రెండ్లు తెలంగాణకు చెందిన బ్రాహ్మణ, రెడ్డి నాయకుల్లో అవిశ్వాసాన్ని పెంచారు. దీంతో తెలంగాణ, ఆంధ్ర విలీనానికి వారు అంగీకరించారని ఓ చారిత్రక విశ్లేషణ చేశారు. ఇప్పుడు కూడా ఆ వర్గానికి చెందినవారే సమైక్యాంధ్ర నినాదానికి పురుడు పోశారని ఆయన మండిపడ్డారు. ఆంధ్ర, రాయలసీమ రెడ్లు […]
Stewart Regrets Calling the President “Dude”
Yesterday I attended the Rally to Restore Sanity on the Mall. It felt like a lot of people. I thought it could be as high as 500,000. Comedy Central estimated 250,000; CBS reported that AirPhotos.com estimated the crowd to be about 215,000. I will go with 250,000. More on my thoughts about the rally later… […]
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 to today’s issues. Comment away. Via Eenadu.
3G Wireless on Mt.Everest !!!!
[via TeliaSonera] High speed Internet on top of the world * Published: 10/28/2010 TeliaSonera and Ncell bring 3G high speed communication to Mount Everest area TeliaSonera today announced that its subsidiary in Nepal, Ncell, has successfully launched 3G services in the Mount Everest area. By the end of 2011 Ncell will provide mobile coverage to […]
“No Mr. President, Summers Did Not Resolve the Financial Crisis”
In his Interview with Jon Stewart, President Obama complimented Larry Summers, “Heck of a job, Larry.” As I said several times on this blog, Mr. William Black has been one of the best sources of information for me in the last several years. He weighs in on the President’s vote of confidence in Summers – […]
Obama’s “Heck of a Job Brownie” Moment
Did you watch the much anticipated interview of Obama on the Daily Show last night? The President had his own ‘Heck of a job, Brownie’ moment. I said several times, President Obama lost me the moment he appointed Summers to the economic team. Recap – Summers is a Wall Street crony and he was the […]
Was Chitti in Robo Inspired by Commander Data on ST-TNG?
dongalu paddaka aaru nelalaku moruguthunnatlu… I know this is too late for any review on Robo. I saw Robo only last night (Oct 24), which for me is the second Telugu film to watch in a theater in US in nearly 12 years. I have the forum – what the heck, I will write it […]
Fraudclosure Gate Update: Sheila Bair
Is more stuff is about it hit the fan again? FDIC chairman Sheila Bair weighs in on Fraudclosure gate. (Via Reuters) (Reuters) – The foreclosure mess won’t be cleaned up quickly and could hurt the housing market, which is already a weak link in the economic recovery, regulators said on Monday. Sheila Bair, head of […]
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 the Wall Street banks all over it. No further commentary needed. Just watch and cry.
Love Bites – 3 (Story)
15-Jul-2008 ఆ వారం నాది నైట్ షిఫ్ట్. ఏదో ట్రైనింగ్ ప్రోగ్రాం ఉందని మా మేనేజర్ సాయంత్రం ఆరింటికే రమ్మన్నాడు. ఏడున్నర, ట్రైనింగ్ అయిపోయి సీట్ దగ్గరకి వచ్చా. ఎమన్నా పనికొచ్చే మెయిల్స్ ఉంటాయేమో అని చూస్తుండగా, మేస్సేంజేర్ విండో ఫ్లాష్ అయింది. చూస్తే సునీత. నేను లేకపోయేసరికి రోజంతా బోర్ కొట్టిందట… సాయంత్రం నన్ను చూసి ప్రాణంలేచివచ్చింది అని చెప్పింది. దేవుడా!! తను నాగురించి ఆలోచిస్తుందా?? గుడ్… బాగుంది. అంత బాగానే నడుస్తోంది… రోజురోజుకి ఆ […]
The “Tea Party”, Sarah Palin, Glenn Beck and the Wall Street Sociopaths
Many of the MMGL listeners would know, in the 2008 election, I voted straight down the democratic ticket. In less than 10 days, America goes to polls for the mid-term. Obama lost me when he appointed Summers and Geithner to his economic team. For two years, he has been more a functionary than a revolutionary. […]
Wall Street Pay Rebounds
Ladies and gentlemen, Since Jan 2009, Obama and the Democratic Congress delivered only to one group thus far: Wall Street! The following is from the NY Times: Want a Big Raise? Get a Wall St. Job “Wall Street incomes are surging back. The government reported this week that the real wage and salary income of […]