US Treasury Secretary Henry Paulson on Monday named Neel Kashkari, a 35-year old Indian-American whiz whose parents migrated from Jammu and Kashmir, who is currently the Assistant Secretary for International Affairs in the Department of Treasury, as the interim head for its new Office of Financial Stability, including the Troubled Asset Relief Program, to oversee the $700 billion bailout program
A wiseacre on Market Ticker forum wrote
"Seriously? The guy overseeing the $700 billion is named 'CashCarry'? You really can't make this stuff up..."
Showing posts with label They said it..... Show all posts
Showing posts with label They said it..... Show all posts
Saturday, October 11, 2008
Tuesday, July 22, 2008
American Economy
Investment guru Marc Faber concluded his monthly bulletin (June 2008) with the following:
" 'The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China . If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India . If we purchase fruit and vegetables it will go to Mexico , Honduras and Guatemala . If we purchase a good car it will go to Germany . If we purchase useless crap it will go to Taiwan and none of it will help the American economy. The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US. I've been doing my part."
" 'The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China . If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India . If we purchase fruit and vegetables it will go to Mexico , Honduras and Guatemala . If we purchase a good car it will go to Germany . If we purchase useless crap it will go to Taiwan and none of it will help the American economy. The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US. I've been doing my part."
Monday, June 30, 2008
Nation of Nerds???
''Indian culture is fundamentally cerebral. We are a nation of nerds''
Sathnam Sanghera
See Link below in Wht I read
Sathnam Sanghera
See Link below in Wht I read
Sunday, June 29, 2008
I don't pot.....but makes sense.
"It's the world upside down: In other countries they look for the marijuana in the cigarette. Here they look for the cigarette in the marijuana,"
Jason den Enting, manager of coffee shop Dampkring (Holland) On the 'smoking' ban in Bars and Restaurants in Europe from the 1st of July. 2008
The link to the complete article is under What I read....
Jason den Enting, manager of coffee shop Dampkring (Holland) On the 'smoking' ban in Bars and Restaurants in Europe from the 1st of July. 2008
The link to the complete article is under What I read....
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