Sorrow is what all human beings share, no matter in which part of the world you live. The death of Steve Jobs, inventor and co-founder of Apple, has shaken the world like a violent volcano. We knew that he was sick. We were prepared for the bad news due to the seriousness of his illness. [...]

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President Obama’s approval rate went down from 55% to 50% according to the latest CNN polls. The president is losing the support of independent voters and low income men. Slowly but surely, hope is transforming to disillusionment. While we all agree that the economy is hitting him badly, the president seems surprised by the reality of the presidency, shocked by the [...]

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From November 5 to December 24, retail sales in the US have risen to $584 billion. That means that Americans are spending despite this period of high unemployement and tough economic times. Where is the money coming from? For sure, this is a culture of credit cards, therefore the culture of spending more than what they have. It [...]

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The climate at the G20 meeting in South Korea is one of division and finger pointing. It is seen as a war of currencies. China has been accused by the US and Europe as a manipulator of its currency, boosting its exports. Pressure on Beijing did not work. Finally, last week, the Feds decided to pump $600 [...]

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A Connecticut Superior Court Judge froze the assets of the sons of disgraced Wall Street legend Bernard Madoff. The judge also prohibited them from selling homes or moving money. There is no way that Madoff was able to run his Ponzi scheme alone without accomplices. If the investigators are good enough to trace his scheme, [...]

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Peter Kraus, a former Merrill Lynch executive pays $37 millions for New York city apartment with taxpayer money.He spent only three months at Merrill Lynch this fall — and earned $25 million in bonus. God bless America! Executives who made millions out of this Financial Mess should return the money! Unfortunately , as the Swahili [...]

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President Bush offered an emergency loan of $13.4 billion to two of the big three automakers. Nobody knows if this money will make a difference in being successful in the future. The automakers have many challenges in the next three months: improving the quality of their cars in the long term and selling their products. [...]

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After the cacophony over the automaker CEOs flying in private jets while asking for taxpayer money, it seems like they learned a lesson: drive, don’t fly. But there is no guarantee that by changing their luxurious way of traveling they will get the money that they are asking for. As the Bantu of Central of [...]

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Today, I watched shoppers pass a dying man, crushed by other shoppers, on their way to buy, buy, buy. They couldn’t even stop to help him. It has been revolting to see the nasty side of Black Friday. Wal-Mart lost an employee by stampede, two people lost their lives in a shooting at a Toys [...]

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http://www.huffingtonpost.com/jane-hamsher/chinese-want-to-buy-the-b_b_144920.html The Chinese want to buy the three big American automakers. Lately China has been very aggressive and ambitious in buying companies around the world. The United States of America has lost its influence and pride. China is one of the three countries with Saudi Arabia and Russia who are buying most of the US [...]

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