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Showing posts with label newsmax. Show all posts
Showing posts with label newsmax. Show all posts

Tuesday, October 22, 2013

JP Morgan "robbed" for not toeing the line(?); violated basic rule of EA - not adapting to PESTEL

Ateneo Professor on Entrepreneurship

 

 From in a Gist

From Newsmax repost October 22, 2013

Many newspapers in the states screamed in the headlines that JP Morgan was "robbed" in the $13 billion settlement with the US government announced last week.  Some quarters say that this was a payback by this current govt because its CEO did not toe the line and was critical of the current government.  Another IB, also with the same securities, but close to the administration  was spared.

To top it all, 80% of the securities were acquired from the failing banks:  Bear Stearns and Washington Mutual.  JP Morgan took over these securities, at the request of the US government to stave off financial meltdown.

But JP Morgan violated the basic rule in EA, PESTEL -  never mess up with the politics;  ride along with the tide/wave

P.S

I went to a wake early this morning.  A friend lawyer died of pneumonia.   Luck had it that the eldest brother works at JP Morgan Chase in FB office in Manila.  And guess what - he works for mortgage bankin group and we engaged so much on this topic; and he was very conversant on this topic while claiming he is just an ordinary employee.  He is a very bright and enlightened JP Morgan employee 

                


                                      

Monday, May 20, 2013

US China Battle for business supremacy?

Ateneo Professor on Entrepreneurship

Repost from Newsmax by Jim Meyers | May 16, 2013

Softbank of Japan, which plans to acquire Sprint Nextel , has reportedly been threatening other banks to pass off financing the competing bids for the firm.  Softbanks own Alibaba which is reported to go on IPO next year worth $60 to $80 billion.   A consortium of banks which include JP Morgan Chase and Citibank has recently financed an $8 billion debt of Alibaba.

Softbank owns 30% of  Alibaba and may have intimated to the banks friendly with DISH (which offered a competing bid for Nextel) may be passed off in the Alibaba IPO.

Is this deal not considered a national security threat to US;   are foreigners allowed to own public utilities in the US?

Is the move of Softbank legal, or is an accepted strategy (indirect/Sun Tzu business strategy)

Earlier, US companies have been warned of doing business with ZTE and Huawei which have close ties with Chinese govt.

We must not forget that most businesses in China are owned by the govt prior to social capitalism

Monday, April 22, 2013

GOP Voters Oppose Legalizing Aliens; British Plan Curbs Disability Scams; Palestinians Reject Hamas Rockets

Various news items from:   Hamas rocket, illegal aliens, Puerto Ricans


From: Newsmax.com  Sun, Apr 14, 2013 at 8:54 PM
Subject: GOP Voters Oppose Legalizing Aliens; British Plan Curbs Disability Scams; Palestinians Reject Hamas Rockets

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Newsmax.com


Insider Report from Newsmax.com
Headlines (Scroll down for complete stories):
1. Survey: Legalizing Illegal Aliens Risky for GOP
2. U.S. Oil Production Set Record in 2012
3. British Plan Could Curb U.S. Disability Claims
4. Palestinian Support for Rocket Attacks Plunges
5. Puerto Ricans Want Statehood, Not Independence
6. Jim Graves to Oppose Michele Bachmann — Again

ALERT: Obama 'Blunder' Spawns Massive Profit Opportunity


1. Survey: Legalizing Illegal Aliens Risky for GOP
Nearly 80 percent of Republicans would be less likely to vote for a member of Congress who supports giving legal status to undocumented aliens, a new survey reveals.
The poll of more than 1,440 likely voters by Pulse Opinion Research asked respondents if they support reducing the illegal immigrant population "by enforcing immigration laws including requiring employers to check the legal status of workers, fortifying the border, and getting the cooperation of local police."
Overall, 54 percent of respondents "strongly support" this approach, and another 18 percent "somewhat support" it.
But among Republicans, 88 percent said they strongly or somewhat support the approach, compared to 56 percent of Democrats.
They were also asked if they support giving legal status to aliens who pay a fine, study English, and undergo a background check. Only 29 percent strongly support that approach, while 31 percent somewhat support it. Among Republicans, just 18 percent strongly support the approach and 29 percent somewhat support it, for a total of 47 percent, compared to 76 percent of Democrats.
And when respondents were asked which of the two approaches they preferred, 58 percent chose the enforcement approach and 31 percent preferred legalization with conditions. Republicans, however, favor the enforcement method by a wide margin, 82 percent to 12 percent for conditional legalization, while just 37 percent of Democrats opted for enforcement.
When asked which political party they would be more likely to vote for, 82 percent of Republicans said a party that supports enforcing immigration laws, and just 12 percent said a party that supports legalization.
They were also asked: "If your member of Congress supported legal status for illegal immigrants, how would it affect your vote in the future?"
Results: 79 percent of Republicans would be less likely to vote for that member, including 59 percent who would be "much less likely" and 20 percent who would be "somewhat less likely."
A paltry 5 percent said they would be "much more likely" to vote for that member.
Steven A. Camarota, director of research at the Center for Immigration Studies, examined the poll results and observed: "GOP leaders who support legalization risk alienating not only the general public, but the overwhelming majority of their own party."
Editor's Note:


2. U.S. Oil Production Set Record in 2012
While advocates of solar, wind and other "green" energy sources say renewable energy is the wave of the future, technological advances in the oil and gas industries will lead to abundant supplies well into the future, a leading expert predicts.
U.S. oil production rose by an average of 790,000 barrels per day in 2012, the largest annual increase in American oil production since it began in 1859, according to Robert Bryce, a senior fellow at the Manhattan Institute's Center for Energy Policy and the Environment.
This year the Energy Information Administration expects production to rise by 815,000 barrels a day, setting another record.
What has led to these dramatic production increases is "innovation in the drilling sector," Bryce says.
"The convergence of a myriad of technologies — ranging from better drill bits and seismic data to robotic rigs and high-performance pumps — is allowing the oil and gas sector to produce staggering quantities of energy from locations that were once thought to be inaccessible or bereft of hydrocarbons."
Thanks to those technological advances, today about 100 offshore rigs are capable of drilling wells in more than 7,000 feet of water, reaching oil deposits more than 20,000 feet below the sea floor.
In 1980, the world had about 683 billion barrels of proved oil reserves. Between that year and 2011, about 800 billion barrels of oil were consumed worldwide, yet proved reserves stood at 1.6 trillion barrels, observes Bryce, whose books include "Power Hungry: The Myths of 'Green' Energy and the Real Fuels of the Future," and "Gusher of Lies: The Dangerous Delusions of 'Energy Independence.'"
As for natural gas, it is estimated that there is now enough extractable gas to last more than 300 years at the current rate of consumption.
"Despite the advances in oil and gas production, government policies continue to be skewed toward renewable energy," Bryce writes.
He points out that in 2011, the non-hydro renewable-energy sector received tax preferences worth $12.2 billion while producing about 2 percent of America's total energy needs, and the hydrocarbon sector, which provided about 87 percent, received just $2.5 billion.
Editor's Note:


3. British Plan Could Curb U.S. Disability Claims
The tremendous surge in the number of Americans receiving Social Security disability benefits in recent years has been well documented. But the United States could take a cue from Britain in reducing the rolls of disability beneficiaries suspected of gaming the system.
In 2012, 8.8 million disabled workers and 2.1 million of their dependents received disability insurance payments totaling $137 billion — an increase of 1 million new beneficiaries over three years. That outlay doesn't include the additional funds for Medicaid, food stamps, Section 8 housing, and student loan forgiveness that disability recipients can qualify for.
In 1960, just 0.65 percent of workforce participants between the ages of 18 and 64 were receiving Social Security disability insurance payments, but now 5.6 percent get benefits, Jonah Goldberg discloses in an op-ed piece for the Los Angeles Times.
In 1960, there were 134 working Americans for every officially recognized disabled worker. Five decades later, the ratio is about 16 to 1.
By 2016, disability expenditures are expected to rise to $170 billion a year. And by 2018, it is projected that nearly 1 in 14 working-age Americans will be receiving disability payments, according to Pamela Villarreal, a senior fellow with the National Center for Policy Analysis.
She points out that Social Security disability insurance was originally designed for workers over age 50 who became physically incapable of performing their current job or any other job compatible with their skills. But the program has been expanded over the years, and now covers workers under age 50, disabled spouses of deceased workers, and disabled adult children who were never able to work.
It also now includes Americans diagnosed with mental impairments, and more than 30 percent of disability cases involve mental disorders — half of them considered "mood disorders."
Another factor to consider: Villarreal cites reports from Social Security that less than one-half of 1 percent of disabled individuals ever return to work, due in large part to what Villarreal terms a "lack of accountability."
That's where the British plan comes in.
Goldberg describes how Britain asked everyone receiving an "incapacity benefit" — similar to a disability benefit in the United States — to submit to a medical test to confirm they were in fact disabled and couldn't work.
One-third of recipients dropped out of the program rather than be tested — nearly 900,000 people. Of those tested, 55 percent were found fit for work and one-quarter were found fit for some work.
Noting that the lack of jobs is encouraging Americans to increasingly seek disability status, Goldberg concludes: "There are those who are quick to argue that there's nothing amiss with the disability system that greater funding and a better economy won't fix. Maybe they're right. One way to find out would be to ask every recipient to get a thorough examination, just as they did in Britain. Maybe the results here in the United States would be interesting too."
Editor's Note:


4. Palestinian Support for Rocket Attacks Plunges
Support among Palestinians for rocket attacks by Gaza militants against southern Israel has fallen to just 38 percent, down from 74 percent as recently as December, a new poll reveals.
"Support for firing locally made rockets from the Gaza Strip toward Israeli regions has dropped," said the Jerusalem Media and Communications Center, a Palestinian nongovernmental organization that conducted the poll.
The survey also disclosed that Hamas is losing its popularity among Palestinians.
The poll in December came several weeks after an Egyptian-brokered truce ended an eight-day operation that saw Hamas militants in Gaza fire more than 1,000 rockets across the border and Israeli jets attack sites in Gaza.
The new poll of more than 1,175 people in Gaza, which is controlled by Hamas, and the West Bank, controlled by Fatah, showed that 60 percent believe "military action" harms Palestinian national interests.
And the percentage of Palestinians supporting military operations against Israel has dropped from 51 percent in December to 31 percent in the new poll.
The popularity of Hamas fell from 28 percent in December to 20 percent today, the Jerusalem Post reported.
The overwhelming majority of Palestinians, 90 percent, believe Fatah and Hamas should pursue national reconciliation, and 59 percent say both Fatah and Hamas are acting in their own interests rather than national interests.
And if elections were held today, the poll discloses, 42.6 percent would vote for Fatah and only 20.6 percent would choose Hamas.
Another recent poll by the Palestinian Center for Policy and Survey Research also found Hamas losing popularity, with only 29 percent of respondents saying they would vote for Hamas in elections, down six percentage points since December.
Editor's Note:


5. Puerto Ricans Want Statehood, Not Independence
A surprising new poll reveals that Puerto Ricans overwhelmingly prefer statehood rather than independence.
In the survey by the Suffolk University Political Research Center in Boston and Universidad del Turabo in Puerto Rico, 70 percent of respondents said if the U.S. Congress allowed Puerto Ricans to choose between independence and statehood, they would choose statehood. Just 14 percent chose independence, while 13 percent were undecided and 2 percent refused to answer.
"This finding has historic and political implications beyond the composition of our flag," said David Paleologos, director of the center.
"Whether President Barack Obama's popularity would translate into Puerto Rico having blue-state status remains to be seen. However, the impact of these numbers on the political conversation should not be ignored."
Puerto Rico, with a population of nearly 4 million, has been an unincorporated territory of the United States since the end of the Spanish-American War in 1898. Puerto Ricans were granted citizenship in 1917, but they cannot vote for the U.S. president and have no voting representation in Congress.
Obama has proposed including funds in the 2014 budget for a federally sanctioned plebiscite in Puerto Rico on options for the island's future political status, according to a release from Suffolk University.
In the poll, just 37 percent of respondents said the relationship between the United States and Puerto Rico should remain the same, while 56 percent believe it should change.
Other poll findings include:

  • 83 percent have a favorable opinion of Obama, 9 percent have an unfavorable opinion, and 1 percent "never heard" of Obama. A majority — 65 percent — "never heard" of Vice President Joe Biden.
  • Asked what is the most important issue facing Puerto Rico today, 40 percent said "Crime/Drug Trafficking," and 38 percent said "Economy/Unemployment." No other issue received a double digit percentage.
  • 24 percent said Puerto Rico is headed in the "Right Direction," and 58 percent said it is on the "Wrong Track."
  • 33 percent said they are considering leaving Puerto Rico and moving to the United States in the near future. Editor's Note:


    6. Jim Graves to Oppose Michele Bachmann — Again
    Minnesota hotelier Jim Graves, who narrowly lost in his 2012 bid to unseat Rep. Michele Bachmann, announced on Thursday that he will seek a rematch with the Republican congresswoman in 2014.
    The race in Minnesota's 6th District is expected to be one of the most closely watched contests of the midterm election, Roll Call reports.
    Bachmann, who was first elected in 2006, outspent Graves by a margin of 10 to one in the 2012 campaign, but garnered just 50.7 percent of the vote and beat Graves by just 4,297 votes.
    She sought the GOP presidential nomination in 2011, and her time on the road campaigning was blamed for hurting her re-election bid last year and could make her vulnerable again next year.
    Bachmann was among the first Republicans listed as a top target of the Democrat-aligned House Majority PAC, and Democrats are expected to strongly back Graves in his election bid next year.
    Graves said in a statement that Congress today is all about "scoring political points rather than actually solving problems, and Minnesota's 6th District — my home — is losing out because of that more than anywhere."
    Following Graves' announcement that he will run again, Bachmann spokesman Dan Kotman pointed out that voters already picked her over Graves once.
    And Bachmann released a fundraising email saying Graves announced his 2014 plans "after receiving his marching orders from the Pelosi-Obama campaign machine."
    Note: Newsmax magazine is now available on the iPad. Find us in the App Store.
    Editor's Note:


    Editor's Notes:




  • Monday, April 15, 2013

    Economists Unsure about Global Warming - Newsmax

    Ateneo Professor on Entrepreneurship

    My daughter was kidding me when I could not upload to the blogpost on Good Friday.  She said that Google does not recognize Jesus Christ and I should not be able to blog.  Hahaha

    From: Newsmax.com
    Date: Mon, Apr 1, 2013 at 10:25 AM
    Subject: Economist Now Unsure About Global Warming; Google Ignores Christ, Honors Chavez


    Breaking News from Newsmax.com

    Economist Magazine Now Admits It's Unsure About Global Warming
    Special: Obamacare Madness: Coming 40 Percent Tax on Many Health Plans; Premiums Skyrocketing — Read the Guide That Protects You
    Google Ignores Christ, Honors Cesar Chavez on Easter
    War Risk in Korea Rises to Red Level
    5 Foods Lower High Blood Pressure

    Friday, January 4, 2013

    LaVorgna: 'Nothing Really Has Been Fixed' With Cliff Deal



    ---------- Forwarded message ----------
    From: Moneynews.com <newsmax@reply.newsmax.com>
    Date: Thu, Jan 3, 2013 at 1:46 AM
    Subject: LaVorgna: 'Nothing Really Has Been Fixed' With Cliff Deal



    Breaking News from Moneynews.com


    LaVorgna: 'Nothing Really Has Been Fixed' With Cliff Deal
    ALERT: Expert Warns — The Middle Class is on the Deck of a Sinking Ship
    Taxes Will Still Rise for Most Americans Despite Cliff Deal
    Economist: Cliff Deal 'Keeps Us Out of Recession for Now'
    More Links:
    3,981 New Millionaires Will Be Created Before Midnight — You Can Be One of Them
    America's 'Final Turning' Already Started — Prepare Now
    IRS' Worst Nightmare — Make This the Year You Pay Zero Taxes



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    "Be the best, do your best, expect the best"

    Huge Taxes, Few Cuts in Latest Cliff Deal; NRA Hits Biden on Gun Talks; Senate Benghazi Report Faults State Dept.



    ---------- Forwarded message ----------
    From: Newsmax.com <newsmax@reply.newsmax.com>
    Date: Tue, Jan 1, 2013 at 8:37 AM
    Subject: Huge Taxes, Few Cuts in Latest Cliff Deal; NRA Hits Biden on Gun Talks; Senate Benghazi Report Faults State Dept.



    Breaking News from Newsmax.com

    Emerging Fiscal Cliff Deal Has Huge Taxes, Few Cuts
    Chilling Testimony: Lou Dobbs, Dick Morris, John Bolton ...
    NRA's Keene: Biden Won't Deal With Us
    Senate Report Faults State Dept., Intelligence on Benghazi
    LIGNET: Ahmadinejad Believes He'll Be Killed in 2013
    More Links:
    Make 2013 the Year You Pay Zero Taxes
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    "Be the best, do your best, expect the best"

    Sunday, December 23, 2012

    Obama Says Ban Guns

    What is better deterrent?   Banning guns or allowing guns?

    Which is more valuable:  the US constitution or Human Life?

    What do you treasure?

    Whose side are you on?

    ---------- Forwarded message ----------
    From: Newsmax.com <newsmax@reply.newsmax.com>
    Date: Fri, Dec 21, 2012 at 4:48 AM
    Subject: Obama Says Ban Guns



    Newsmax.com


    Dear Newsmax Reader:
    Please find below a special message from our sponsoring advertiser,
    the National Association for Gun Rights. They have important information to share with you. Thank you.
    Newsmax.com




    Dear Fellow Patriot:
    Our Second Amendment rights are hanging by a thread.

    Anti-gun hysteria is reaching a fever pitch.

    And President Obama just announced he's on the warpath -- and he's not taking any prisoners.

    Fellow Patriot, this is an all-out EMERGENCY.

    And unless you act today, I'm afraid we'll be staring at a gun control nightmare.

    At a press conference immediately following the Connecticut shooting, President Obama made his intentions clear: He's prepared to ram his anti-gun agenda down our throats.

    The White House even announced this week that Obama will be actively supporting a new "Assault Weapons" Ban and ending ALL private firearms sales by requiring a "background check" government permission slip.

    And sadly, the national media are more than willing to help him get his wish . . .

    MSNBC anchors are calling for outright gun "confiscation!"

    Even prominent Republican backers like Fox News founder Rupert Murdoch are loudly calling for new gun control schemes, and Fox News commentator Bill Kristol is calling for "serious hearings."

    Calling for hearings is the biggest insider cop-out in Washington.

    These "appointed committees" are always dominated by leftist academics most of whom have never held a firearm in their lives.

    You think they'll stand strong when the anti-gun machine turns up the pressure?

    But what's worse is the establishment gun lobby is nowhere to be found, deleting their Facebook page in an effort to run and hide from the fight.

    And all their phony "friendships" are finally being exposed for exactly what they are.

    You see, Senate Majority Leader Harry Reid -- who they handed nearly $5,000 to during his last reelection -- just announced plans for Senate movement on gun control.

    And another NRA "A-rated" Democrat, Joe Manchin of West Virginia, is joining others saying he's changed his mind on gun control.

    Even supposedly "pro-gun" Republicans, like Senator Chuck Grassley (IA), Lindsey Graham (SC) -- even Marco Rubio (FL) -- are happily playing into the gun-grabbers hands by calling for a total review of our gun laws!

    If all this sounds like a recipe for disaster, it's because it is . . .

    Whenever a tragedy -- a revolting grave crime -- is committed, gun-grabbers ALWAYS rush to "cash in."

    Always.

    With the national media as their accomplice, they drive up mass hysteria, fear and IGNORE basic facts that don't fit their anti-gun agenda, like:

    >>> "Gun Free Zone" signs do not protect anyone from violent madmen;

    Like we saw in the Aurora movie theater and the Newtown, Connecticut Elementary School, all these signs do is guarantee killers never face anyone who can defend himself or herself;
    >>> Guns don't commit crimes.  Criminals do;

    In fact, guns are used 2.5 MILLION times every year to deter or stop crimes.  In fact, at the recent mall shooting in Portland, Oregon, the gunman took his own life after being confronted by a shopper carrying a concealed handgun.  And there are literally dozens of stories of shootings being stopped by legally-armed citizens over the past few decades;
    >>> Gun Control DOES NOT WORK.  PERIOD.

    Anti-gun utopia Mexico -- whose anti-gun laws are so harsh it has only one gun shop in the whole country -- is virtually owned by violent gangs who don't beg "permission" from government officials before they get their hands on guns.
    This is exactly what's happening right now.

    So if you want to ensure your Second Amendment rights are protected into the future, I'm counting on you to act IMMEDIATELY.

    Being involved in the fight has never been more important.

    First, I need your signed Second Amendment Protection Petition to help drown out the anti-gun spin machine with today.

    In the coming weeks I'll flood Congress with tens of thousands of pro-gun petitions proving you and I are serious about protecting our rights and we're not backing down!



    Unfortunately, it gets worse.

    After the results of the 2012 elections, the gun-grabbers were already demanding action from President Obama and his anti-gun Democrat allies.

    Michael Bloomberg and Sarah Brady went to bat for President Obama in two straight elections, and they want something to show for their efforts.

    Now, President Obama believes he's been handed the perfect "excuse" to enact a laundry list of anti-gun schemes, including:

    *** The UN "Small Arms Treaty." This dangerous Hillary Clinton-backed Treaty is nothing more than a massive GLOBAL gun control scheme designed to register, ban and confiscate firearms from law-abiding citizens;
    *** A new so-called "Assault Weapons" Ban.  President Obama loudly supported passage of a new ban during his reelection campaign, and Senator Dianne Feinstein just announced she'll be introducing a new bill in the new Congress;
    *** Mandatory federal political "mental illness" screening to buy a firearm.  Should such a scheme pass, the federal government would be granted the new power to strip away the Second Amendment rights of any American at will -- just because they don't like your race, your religion or the political candidates you support;
    *** Sweeping ammo bans or bans on magazines holding just a handful of rounds.  With any one of these schemes, Congress could effectively outlaw many commonly-owned rifles and handguns.
    That's why it's so important you act IMMEDIATELY.



    Without our action, the ONLY voices the politicians will be those of the gun-grabbers and their pals in the media.

    If that continues, you and I will lose and lose BIG.  Bank on it.

    The good news is, you and I can fight back.

    But we must mobilize quickly.

    We must ensure every politician in Washington, D.C. understands America does not need new gun control laws . . .

    It's more freedom.

    It's more good guys armed with the power and the ability to stand up to deranged bloodthirsty loons and STOP them.

    You know how we'll make the politicians understand that?

    By ensuring every single one of them knows they'll pay the price with their political careers for voting for gun control schemes.

    But to do that I'm going to have to mobilize Second Amendment supporters from all over the country.

    I've already authorized my staff to begin broadcasting our message across the web on sites frequented by politically-active pro-gun voters.

    And we're expanding from there:

    Mail, email, web videos, and even hard-hitting radio, newspaper and TV ads if I can raise the resources.

    I want to mobilize up to 14 million Americans.

    Not next month.  Not next week.  But NOW.

    You see, there's no time to waste.

    Of course, such an ambitious program won't be cheap.  But it's our one shot at winning.

    So please sign your Second Amendment Protection Petition TODAY.

    But also, please make a generous contribution of $35, $50, $100 or even $250.

    And if that's too much, please consider chipping in just $10 or $20.  Every dollar counts.

    Thanks in advance for answering the call in this tough time.

        For Freedom,
       
        Dudley Brown
        Executive Vice President

    P.S. President Obama just announced he's on the warpath -- and he's not taking any prisoners -- this is an all-out EMERGENCY.

    With politicians from both parties caving to the gun-grabbers, it's never been more important to fight back.

    I've already begun a campaign to mobilize up to 14 million pro-gun Americans to prove to the politicians we still stand for the Second Amendment and we're not backing down!

    But such an ambitious program isn't cheap.

    So after you sign your Second Amendment Protection Petition please make a generous contribution of $35, $50, $100 or even $250.

    And if that's too much, please consider chipping in just $10 or $20.  Every dollar counts.

    Together you and I will weather this storm and continue to stand for freedom.


    The National Association for Gun Rights is a nonprofit, nonpartisan, single-purpose citizens' organization dedicated to preserving and protecting the Constitutionally protected right-to-keep-and-bear-arms through an aggressive program designed to mobilize public opposition to anti-gun legislation.  The National Association for Gun Rights' mailing address is P.O. Box 7002, Fredericksburg, VA 22404.  They can be contacted toll-free at 1-877-405-4570. Its web address is www.NationalGunRights.org/

    Not produced or e-mailed at taxpayer expense.

    To help the National Association for Gun Rights grow, please forward this to a friend.

    To view this email as a web page, please click this link: view online.

    Help fight gun control.  Donate to the National Association for Gun Rights!

    donate



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    Saturday, September 29, 2012

    France imposes a super tax of 75% on the rich

    Ateneo Professor on Entrepreneurship

    From newsmax

    Newly installed France President Francois Hollande  will call for additional 20 billion Euros in new taxes and cuts in spending of 10 billion reducing deficit from 4.5% of GDP to only 3%.  The new taxes will include super tax of 75% for individuals and companies who earn more than one million euros.

    The news was welcomed well by the bond market.  The 10 year bonds yield went down to only 2% and it is predicted  that next year's average will only be 2.9%

    There are still a lot of challenges like unemployment which is the highest in 13 years.

    What lies ahead for Europe's second biggest economy?

    Do you agree with this new policy in France?

    Is it OK to impose the same in the PHL?  In US?

    If you were a millionaire, would you agree to this? Or you will flee your country?

    Sunday, September 16, 2012

    Do you like to be one of the new 3,981 millionaires minted daily?

    Ateneo Professor on Entrepreneurship

    From Newsmax

    This is a promo to sell a How to be a Millionaire Kit (to make the seller a millionaire).  The pitch discusses three practical ways to be a millionaire:

    l.  To buy the proven kit of creating $41 billion wealth;

    2.  To get the IRS hands off your retirement pay;

    3.   To participate in the US government $4.5 billion  a day bail out program that covers:   food stamp, cellphone support, incentive to drive your car,  incentive for sharing ideas to improve economy, how to wipe up to $8,000 in credit card debt. (This $4 billion daily loss for US Fed resulting in more printing of money and deficit is being questioned by many)

    Will you belong to a new batch of  3.981 millionaires soon?

    Friday, June 29, 2012

    Fwd: Late Night Jokes: Donald Trump Born in Kenya

    Time to laugh on the bad news...

    ---------- Forwarded message ----------
    From: Newsmax.com <newsmax@reply.newsmax.com>
    Date: Thu, Jun 28, 2012 at 3:24 AM
    Subject: Late Night Jokes: Donald Trump Born in Kenya





    Late Night Jokes from Newsmax.com

    Headlines (Scroll down for the latest jokes):
    • The Tonight Show With Jay Leno
    • Conan 
    • Late Show With David Letterman
    • The Late Late Show With Craig Ferguson
    • Late Night With Jimmy Fallon

    The Tonight Show With Jay Leno
    • Analysts, according to The Wall Street Journal, say the weak economy is causing less energy use, resulting in falling oil prices. So basically the worse the economy is, the lower the price of oil. Do you know what that means? If Obama gets re-elected, gas could be free.
    • Former President Jimmy Carter has criticized the U.S. for using drones to kill terrorists. A lot of people agree with Carter. They're all terrorists, but they agree with Carter.
    • Rielle Hunter announced she and John Edwards have broken up. That's scary. When a lying cheater and his home-wrecking mistress can't work things out, what chance is there for the rest of us?
    • A new study says it is OK for woman to drink during pregnancy. Well, why not? Most of them were drunk when they got pregnant in the first place.
    Editor's Note:
    The 'Unthinkable' Could Happen — Wall Street Journal



    Conan
    • The latest rumor is that Mitt Romney's running mate will be a white male from Ohio. Or as Romney refers to him, "a person of color."
    • Today Joe Biden said the only place Mitt Romney has created jobs is in China. This has sparked an angry rebuttal from Romney spokesperson Wen Cheng-Bao.
    • For the first time ever, Saudi Arabia is going to allow women to compete in the Summer Olympics. The rumor is that Saudi women are excellent runners — because they're not allowed to drive.
    • In July some McDonald's workers will debut their new uniforms inspired by the TV show "Mad Men." Also inspired by the 1960s: their wages.
    Editor's Note:
    How Much Sugar Do You Eat Every Day? See This Photo.



    Late Show With David Letterman
    • The subways here in New York City now have wi-fi. I love it because now in the morning on my way to work I can check my e-hate mail.
    • Did you know the "Today" show is four hours long? It's like a telethon.
    • Regis Philbin will be hosting the fourth hour of the "Today" show with Kathie Lee Gifford. Of course, the Supreme Court has to rule whether it's constitutional.
    • Egypt has a new president — Mohammed Morsi. How many of you attended the Mohammed Morsi fundraiser at Sarah Jessica Parker's house?
    Editor's Note:
    Special: Stand for Secure Borders, Get the Cap, Just Pay Shipping



    The Late Late Show With Craig Ferguson
    • The Spice Girls reunited today to announce a new stage play based on their music. It will be like "Mamma Mia," but crap.
    • The play will feature all their hits — "Tell Me What You Want" over and over.
    • Every year law schools churn out thousands of lawyers. We don't need any more lawyers. We need more lawyers like we need more talk-show hosts.
    • It takes a long time to become a lawyer because you need three things — a bachelor's degree, a law degree, and a desire to worship Satan.
    Editor's Note:
    Special: Join the 3.5% of Americans Who Are Truly Wealthy and Financially Secure



    Late Night With Jimmy Fallon
    • A new study found that a record number of America's wealthiest citizens are renouncing their citizenship to avoid high taxes. Which explains why today Donald Trump claimed HE was born in Kenya.
    • Yesterday in New Hampshire, President Obama said Americans need someone who will wake up every single day and fight for their jobs. Then he said, "But until we find that guy, I'm still your best choice."
    • Over the weekend, a man in Tennessee was kicked out of a Kenny Chesney concert because he looked too much like Kenny Chesney. That actually happens a lot — in fact, my grandma was kicked out of an Aerosmith concert for looking too much like Steven Tyler.
    • Rapper 50 Cent is doing fine after he was involved in a car accident last night. There was a lot of damage, but fortunately his insurance covers him up to like, 75 cent.
    Editor's Note:
    Can Prayer Heal You? Dr. Crandall Discovered the Truth.


    Editor's Notes:
    To get these jokes sent straight to your inbox, Go Here Now.



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    Tuesday, June 5, 2012

    Oil Prices May Continue to Slide - Experts


                            


    Everything  is temporary. In the marketplace, high demand  and low inventories caused prices to spike The high prices caused people to speculate and increase inventories. Now comes weak demand with high inventories, and naturally prices will fall.

    US oil production is at all time high.  The Libyan unrest caused disruption of production of high quality light Libyan oil.

    This is of course good news for consumers;  bad news for oil/energy companies.


    Experts: Oil Prices May Have Further to Slide


                  
                          



                                                                      

    Sunday, June 3, 2012

    Fwd: Jim Rogers: ‘Terribly Flawed’ Dollar Isn't a Safe Haven

                      


     Jim Rogers holds on to the Dollar despite its Flaws

    Jim Rogers, the Chairman of Rogers Holding, says he is still holding on to the dollar for a year or two, simply because everybody is running to it (despite its very bad condition  -  its value has gone done, the US debt is insurmountable, huge US deficit, China is dumping US dollar).  The Euro last week was dragged down to its lowest rate of $l.236 due to the Greece concern ( and even  Spain)

    As with regards to Eurozone:

     



    Spain, Italy, Belgium, Portugal and even France problems

    He thinks the politicians in Europe are in denial.

    He believes it is best for Europe to go bankrupt and start all over again.  Then they will understand austerity and belt tightening rather than imposing that from the lender side.

    On bail outs?  That will be temporary.  At some point in time, the credit will be declined.






    Monday, May 28, 2012

    Fwd: Obama's Own Doctor Says He Shouldn't Be President


                          

    Be careful when you are talking to your barber and now, your doctor.  Put your best foot forward.
    Later on the doctor will write a bad book about you.  Ha l0x

                    



    Is Barack Obama a Kenyan or American?

    If Obama is responsible for all the US troubles and the world, then why did the Americans vote him
    in the first place, or recall him?

    Will he go down in history as the man who brought US down to its knees?

    Is he anti business? Or anti entrepreneurship?  Or he does not know his job?

    Does the barber knows best?  Or the MD?

    ( Do not confide all to your doctor;   this is a hard lesson learned by Obama)


                               

    ---------- Forwarded message ----------
    From: Newsmax.com <newsmax@reply.newsmax.com>
    Date: Sat, May 26, 2012 at 11:23 PM
    Subject: Obama's Own Doctor Says He Shouldn't Be President



    Breaking News from Newsmax.com

    Barack Obama's longtime physician from Chicago is speaking out about his former patient and it isn't nice.
    In the sensational new best-seller by Edward Klein — Amateur: Barack Obama in the White House — Obama's doctor gives a powerful and penetrating report about Obama.
    The interview, one of 200 conducted by Klein, including one with Obama's former pastor Jeremiah Wright, has sent shock waves through the liberal establishment.
    Despite a blizzard of attacks, Klein's Amateur is debuting at the number 1 spot on the New York Times list this week.
    According to Human Events, Obama's longtime physician reveals the lack of humanity in Obama's character and carelessness with which he enacted the entirely politicized health insurance reform, the Patient Protection and Affordable Care Act, often called Obamacare.
    His own doctor said Obama doesn't have the character to be president, noting, "I think there is too much of the University of Chicago in him. By which I mean he's academic, lacks passion and feeling, and doesn't have the sense of humanity that I expected."
    There's much more in Klein's Amateurmake sure you get a copy with Newsmax's incredible special offer of this book for just $4.95 — Go Here Now
    Please keep reading below for more details.
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