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POPSChina’s Asset Bubble It is a matter of time. What will it mean to the Chinese Government? Will it buckle under the weight of massive dissatisfaction? Or will it mean some dark years for the Chinese people? What will it mean to the US Dollar? Will China unload the dollar thus massively devaluing the currency in order to keep their economy afloat? But would they if they are so dependent on foreign trade? And what will it mean to the world economy. Will the world economy be firm enough to absorb Chinese economic contraction? So far, China's economy has been one of the few bright spots. If the world economy is not strong enough China's asset bubble burst may lead to another global recession.
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POPSIs Voting Republican Bad For Your Health? The chart wouldn't clip . You'll have to click through to see it. From the source: "As Forbes noted: The annual ranking looks at 22 indicators of health, including everything from how many children receive recommended vaccinations, to obesity and smoking rates, to cancer deaths." They just want to drag everyone down to their level. Red states also have the highest overall divorce and teenage pregnancy rates. Way to go.
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POPSInvested In War n 2004, the first full year after the current Iraq war began, Republican and Democratic lawmakers-both hawks and doves invested between $74.9 million and 161.3 million in companies under contract with the DoD. No wonder the Democratic congress kept approving the enormous spending bills on the war, since a significant portion of it happens to end up in their deep pockets. Interestingly, the report also mentioned that members of the senate foreign relations and armed services committees which oversee the Iraq war had between $32 million and $44 million invested in companies with DoD contracts. The burning questions for many people are the following: Are there any ethics left in politics? Could the universe ever exist without wars? The answer is no, because wars have been a major part of our social make up, in addition they force geostrategic changes, make profits for the elite, and reduce population.
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POPSInstead of calling it swine flu, maybe they should call it WHO flu Why would the WHO call H1N1 a pandemic? It obviously has not come anywhere near to being as wide-spread as predicted. Is it politically motivated? Anyone have any ideas? I don’t generally go in for conspiracy theories except to muddy the waters, but I’m thinking this could have been a test to see how many people get behind what the government tells us to do. Or, the government will say that the pandemic was stopped because so many people took the vaccine. Whatever. Now, a real conspiracy theorist would say that the vaccine was an excuse to inject a tracking device in us. :)
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POPS 6 Arrested in Inside Trade Case Robert Khuzami, director of enforcement at the Securities and Exchange Commission, said the charges show Rajaratnam's "secret of success was not genius trading strategies." "He is not the master of the universe. He is a master of the Rolodex," Khuzami said. Rajaratnam, 52, was ranked No. 559 by Forbes magazine this year among the world's wealthiest billionaires, with a $1.3 billion net worth. Also charged in the scheme are Rajiv Goel, 51, of Los Altos, California, a director of strategic investments at Intel Capital, the investment arm of Intel Corp., Anil Kumar, 51, of Santa Clara, California, a director at McKinsey & Co. Inc., a global management consulting firm, and Robert Moffat, 53, of Ridgefield, Connecticut, senior vice president and group executive at International Business Machines Corp.'s Systems and Technology Group. The others charged in the case were identified as Danielle Chiesi, 43, and Mark Kurland, 60, both of New York City.
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POPSAngelina over Oprah?? WTF?? i don't care how much she makes, i don't care how many kids she adopts- i cannot stand her!!! I am totally flustered that she bumped oprah out of numero uno...not even a close race in my book...
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POPSTrying to muster sympathy for the billionaires' shrinking assets More: Lawrence Katz, a labor economist at Harvard, sensibly points out that one could generate incentives to excel for less: “I don’t think the added incentive of earning $100 million over $50 million is very different than the incentive of making $10 million over $5 million,” he told me once.
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POPS400 Richest Americans Lined Their Pockets with $30 Billion Taxes were high back in the 1950s because people understood that constraining wild extremes of wealth would make our country stronger and prevent another depression. (Well, what did those old fogies know?) Had we kept those high progressive taxes in place, instead of removing them, especially during the Reagan era, the Forbes 400 might each be worth "only" $100 million instead of $3.9 billion each. So let's imagine that the rest of their wealth, about $1.53 trillion, were available for the public good. What does $1.53 trillion buy? It's more than enough to insure the uninsured for the next twenty years or more.
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POPSWhere in the world can you find HAPPINESS?
This headline caught my eye because I must honestly say; I did not believe the good ole USA would be on that list. I was wrong. Although no US cities ranked among the top 5, we did make it to 7. Guess what? It's San Francisco! Hey, when I think Frisco I think fun. That's what this survey was about, Perception not Reality. We all want happiness but it’s mainly out of reach for most... I'm talking about the average bloke, not the rich buggers who look down their noses at the rest of us. Our only purpose to these guys is to wait on them hand and foot. But I digress... Happiness is elusive to us in the states because… We are too busy scrapping with one another! And if that’s not bad enough... We’re encouraged to do so by those we select as leaders. How sad is this? As Rodney King (A Black Amer. who, on 3/3/91, was victim to police brutality) had asked so long ago, WHY CAN'T WE JUST GET ALONG? Sorry to say, we can’t! Americans rather Brawl not Party. Too bleak for me; See You in Rio!
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POPSGrass Roots? Check again...
Who funds Americans for Prosperity? The AFP is the third largest recipient of funding from the Koch Family Foundations, …Before 2003, when the AFP was still named the Citizens for a Sound Economy Foundation, it received $18,460,912 in funding. 84% of that funding came from the Koch Family Foundations ($12,906,712) and the Scaife Family Foundations ($2,510,000). Koch Family Foundations is funded by Koch Industries. According to Forbes, Koch Industries is the second largest privately-held company, and the largest privately owned energy company, in the United States. Koch industries has made its money in the oil business, primarily oil refining. Presently, it holds stakes in pipelines, refineries, fertilizer, forest products, and chemical technology. Americans for Prosperity is also connected to oil giant ExxonMobil. According to ExxonSecrets, between the years 1998-2001, Citizens for A Sound Economy and Citizens for a Sound Economy Foundation received $380,250 from ExxonMobil.
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POPSNew York ranked top U.S. city for singles And, right now, the easiest place to find them is online," she added in a statement.Financial stresses felt by New Yorkers in the last year caused a shift in priorities, which may also have contributed to New York's success, according to Forbes.com.Whereas New Yorkers may once have been preoccupied with earning high salaries, they appear now to be putting a greater emphasis on finding love.
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POPSAfrica Vs. The Arab World ~ Anne Bayefsky, 07.12.09
Why does Obama treat the two so differently? http://www.forbes.com/2009/07/12/obama-africa-ghana-egypt-mubarak-opinions-contributors-anne-bayefsky.html Before the Muslim world Obama donned the role of apologist-in-chief. Over and over again his examples of shortfalls in the protection of rights and freedoms were American: the "prison at Guantanamo Bay," "rules on charitable giving have made it harder for Muslims to fulfill their religious obligation," impediments to the "choice" of Muslim women to shroud their bodies. Christian Africa was to be treated to no such self-flagellation. In a rare tongue-lashing for Africans from any American president, he chastised: "It's easy to point fingers and to pin the blame of these problems on others. Yes, a colonial map that made little sense helped to breed conflict ... But the West is not responsible for the destruction of the Zimbabwean economy ... or wars in which children are enlisted as combatants …
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POPSAre Our Markets Being Manipulated By "Rogues" Or Firms?
“Sergey Aleynikov, an ex-Goldman Sachs computer programmer, was arrested July 3 after arriving at Liberty International Airport in Newark, New Jersey, U.S. officials said. Aleynikov, 39, who has dual American and Russian citizenship, is charged in a criminal complaint with stealing the trading software. At a court appearance July 4 in Manhattan, Assistant U.S. Attorney Joseph Facciponti told a federal judge that Aleynikov’s alleged theft poses a risk to U.S. markets. Aleynikov transferred the code, which is worth millions of dollars, to a computer server in Germany, and others may have had access to it, Facciponti said, adding that New York-based Goldman Sachs may be harmed if the software is disseminated.” The next sentence is particularly eye-opening: “The bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways,” Facciponti said.” J.S. Kim who runs an independent investment research
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POPS'Why I based superheroes on Islam' Very cool idea and a good way to take back from the terror groups who use and hold hostage a religon in order to justify their agenda. I hope his concept works.
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