You can fool nearly all the people…

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Archive for November 2009

Outsourcing MBAs – a new and wonderful trend

With more than 27,000 employees around the world, State Street Corp. will absorb 100 employees from Morgan Stanley Investment Management as part of a deal announced today to provide servicing for investments worth about $300 billion. State Street, which specializes in providing financial services to institutional investors, will handle trade settlement, portfolio administration, and reporting and reconciliation services for most of the Morgan Stanley unit’s $386 billion in assets under […]

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NY Times Wong says I’m right

More on swine flu battle in China. This is from NY Times: By EDWARD WONG Published: November 11, 2009 CHANGGANG, China — Few farmers in this southern village gave much thought to the epidemic that had begun spreading rapidly in the United States early this summer until the authorities sealed its 100 residents off from the outside world for about a week. It turned out that a visitor from California […]

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U.S. = 4,000 swine flu deaths; China = 53

The Centers of Disease Control and Prevention (CDC) has been playing games with the press by changing the way it has reported Swine Flu deaths and hospitalizations. The impression given was that swine flu is nowhere near as dangerous as other countries believe – nations that used quarantines, for example. The original reporting of swine flu estimated all cases. That was then changed to hospitalized cases. In early September deaths […]

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Fed Chairman Blames Banks For Continued High Unemployment

The investment cash is going to China, India, South Korea and Vietnam, where factories are being built by American companies to make products to export to the U.S. and elsewhere. Those countries rebate the local Value Added Tax (around 20%) to exporters because most every country has their own VAT on products coming into their countries – EXCEPT THIS COUNTRY. In addition, most countries have tariffs on incoming goods if […]

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