Monday, April 11, 2005

Lots of news today......

Blair and Brown: Together on the Economy

India, 3rd largest economy by 2015!

China, India to form closer partnership

Looks like the world economy witnessed a lotta action today......

Tuesday, March 01, 2005

New homes sales tumble....

Guess what the housing bubble never got too big..so we won't be seeing it going boom...here you go

Thursday, February 24, 2005

One success story does not an economy make - how true?

When will we learn that googlism is not the way to go....the stock market is shooting up like no one's business..does everyone have jobs though, and what about the social security debacle. Well, so much for pessimism...here is the good news.

Tuesday, February 22, 2005

Dollar sinks again...

I am putting my money into India or China, I hope to get more than the 0.9% on my savings account (which doesn't have too much anyways). Seems the dollar is weighed down too much by the trade deficit, & my credit card debt ;). Go here

Qwest plans to raise MCI bid?? Now where is the $$ coming from

Qwest must be really desperate, they have no plan for the future, no strong management (in my opinion) and no possible synergy with MCI and yet want MCI so bad...for what..to go into oblivion together in a few years. Verizon should buy both these companies together for $10 billion - my thoughts... Read on

Sunday, February 20, 2005

The US economy creating jobs again for the world

SOX or Sarbanes-Oxley as fully spelt will create tons of jobs as US companies try to avoid financial scandals desperately and try to acheive full compliance in 2005. I doubt that anyone would ever acheive 100% compliance.

News.com reports on automation tools that would help implement process put in place to mitigate risks through SOX. As every implementation goes, SOX is new, and ever changing (as every new process will be)..and will have a long adoption cycle, integration pains, and costs billions in productivity loss (my opinion)...read on

Saturday, February 19, 2005

Are you jacked?

Man, bad news after bad...if you are from California (and legally present in the US, of course), your identity might have been jacked. All I can say is get onto http://annualcreditreport.com (it's free to use and provided by the 3 reporting agencies) and check if you have been hit! Read on..

Boeing CFO goes to jail..

Hopefully, this heralds a new era in corporate ethics. 4 months in jail and 250K in fines are all he got..nope, also 200 hours of community service..duh!! What was the judge thinking...go here

Friday, February 18, 2005

Intel getting out of China?

Intel is supposedly creating some high paying jobs in AZ. More high tech jobs in the US for a company that boasts a solid immigrant base is really good news..now, I am thinking the economy is really starting to look up.

More here

Australia turning Republican!

The dems are sure having a bad influence on world politics. The Australians are pushing for lower taxes. Gosh! why do they need taxes, they have enough land, more kangaroos than people and for heaven's sake the Queen still looking after them...LOL! Read on

about time...wake up call to C-level execs

Jail time didn't affect Martha, her stocks and I think even boosted her morale! But when the Ex-Boeing CFO goes to jail, he might not make it back to a career, except for probably teaching up at ethics class at an IVY league school (chuckles...). Read on

Godzilla and King Kong - Love the Economist, Hate the monsters....

Quote: ('cause I can't say it better than the economist)

The Fed's chairman, Alan Greenspan, has urged Congress to do something to rein in America's two monster mortgage-finance agencies, Fannie Mae and Freddie Mac, before they put the country's financial system at risk. Go here..

WTF is wrong with Qwest.

I have nothing against them, but just look at them, they are bleeding financially, have no solid services to offer (wireless, wireline and data included), are a takeover/bankruptcy target and would like to acquire a former bankrupt company...... is it me or corporate america is too caught up in the M&A frenzy to stop, think & smell something fishy here. Go here

guess who's back ---- inflation!

Economists are jumping and laughing, they wanted it and now it's back. How much of this makes fiscal sense, I have no idea, but everyone sure sounds excited. Go here