When saving money is a paradox

Paul Krugman talks on the need for a policy response on the recession that is happening in the US. Saving can be a pull-down on the economy. Rebates may not work. Federal spending can be a door. Read the article.

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http://www.iht.com/articles/2008/10/31/opinion/edkrugman.php

Mathematics and Fractals

Seeing mathematics in a beautiful angle and the use of fractals.

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http://tierneylab.blogs.nytimes.com/2008/10/28/a-beautiful-math/?em

Collectors with mission.

Collectors of debt are like soldiers. They have a mission to accomplish. Around the US due to the large credit problems of American consumers, claims come in that collectors are threatening them with deportation (as to migrants) and a sheriff knocking on their doors.

What is your experience of Filipino collectors? Or credit card sellers?

http://edition.cnn.com/2008/US/10/30/debt.collectors.ap/index.html?eref=rss_latest

Decision making, Fannie Mae, Risk we take

A discussion by David Brooks on this timely subject.

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http://www.iht.com/articles/2008/10/28/opinion/edbrooks.php

Gold as seen by Dr. Mahathir Mohammad

There are far too many comments and questions in my blog that I simply cannot respond to all. But I will try.

Pegging

The Bretton Woods System did not fail because the United States ran out of gold. It failed because Britain decided to devalue the pound. President Richard Nixon decided to go off the gold standard much later.

After that it was a free for all as currency traders fiddled with valueless paper money.

If we have a trading currency, it should be controlled by an international body unbeholden to the US or anyone else. Poor countries must be adequately represented.

Like all systems we need to study the pros and cons before we approve.

If during all these years we could use the US Dollar as a kind of standard, I don't see why we cannot use gold. Gold prices do fluctuate but the range is far less than with paper currency. Besides there will always be a demand for gold so that you will not lose too much if gold depreciates.

Ref: www.chedet.com

Former PM uses blog to needle government

Former Prime Minister Mohammed Mahathir of Malaysia is using his blog to criticize a leader he once support.

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http://www.iht.com/articles/2008/10/26/asia/blogger.php

What about blood?

The wonders of blood. Can human live without it?

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http://www.nytimes.com/2008/10/21/science/21angi.html?em

Loukili is renting a place in Paris

A story of Loukili and immigrant from Morocco. It is that difficult to look for a place in Paris.

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http://www.iht.com/articles/2008/10/25/business/mparis.php

Improving a blogspot or adding gadgets

Josephs tomb, pilgrimage and conflict

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http://www.iht.com/articles/2008/10/24/africa/24tomb.php?page=2

Who produced the first oxygen?

Scientist from Perth Australia are investigating the first ocurence of oxygen on earth. As to the answer to the question well nobody knows. They have a name for it, cyanobacteria.

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http://dsc.discovery.com/news/2008/10/23/photosynthesis-rock-02.html

Where the hell is Matt?

Media's role in US presidential election

Below is a link on how mass media has been covering the US presidential election.

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http://www.iht.com/articles/2008/10/24/america/24webseelye.php

A Prayer

This is a forwarded message. It seems it came from the USA.

This pastor has guts
It seems prayer still upsets some people. Please read.....



When Minister Joseph Wright ( NOT obama's pastor!!!) was asked to open the new session of the Kansas Senate,
everyone was expecting the usual generalities, but this is
what they heard;

'Heavenly Father,

We come before you today

To ask your forgiveness and

To seek your direction and guidance.

We know Your Word says,

'Woe to those who call evil good'

But that is exactly what we have done.

We have lost our spiritual equilibrium

And reversed our values.


We have exploited the poor and

Called it the lottery.


We have rewarded laziness

And called it welfare.


We have killed our unborn

and called it choice.


We have shot abortionists

And called it justifiable.


We have neglected to discipline

Our children and called it

Building self esteem.


We have abused power

And called it politics.


We have coveted our neighbor's

Possessions and called it ambition.


We have polluted the air

With profanity and

Pornography and called it

Freedom of speech and _expression.


We have ridiculed the time

Honored values of our

Forefathers and called it enlightenment.

Search us, Oh, God,

And know our hearts today;

Cleanse us from every sin

And set us free. Amen!'

Spain, once our mother

Spain is now experiencing an economic downtrend and there seem to be no end in sight. Two hundred years ago, it was considered our mother.

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http://www.businessweek.com/globalbiz/content/oct2008/gb20081016_531383.htm?campaign_id=rss_daily

Debt Trap

A series of visual and article in understanding the debt we are into.

http://www.nytimes.com/interactive/2008/07/20/business/20debt-trap.html?ref=multimedia

Debt, new strain of virus

Jerez was in deep debt but the credit card company still wants to issue her a double platinum credit card. How's that? In America and the Philippines, it is happening.

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http://www.iht.com/articles/2008/10/22/business/22target.php

Border talk.

Mexico and American border, a place where you can talk about friendship. A place where love is stronger than border walls or constructed separations.

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http://www.iht.com/articles/2008/10/22/america/22border.php

Monastery open to public?

Perhaps if you are looking for a place in Baguio, Bukidnon, Davao, Tagaytay, you can look up on the religious congregation's website. You might hit it good.



http://www.iht.com/articles/2008/10/21/travel/19journeys.php

Sovereign wealth funds

Sovereign wealth fund is a new word in my vocabulary. Mr. Nicolas Sarkozy, president of France taught what it is and its reason for having one.

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http://www.iht.com/articles/2008/10/21/business/funds.php

Botnets are coming!

Botnets are considered to be a digital internet scourge. It enters computers and snoop on anything particularly something that has to do with money. It can be used by the dark forces that will undermine the internet regime.

http://www.iht.com/articles/2008/10/21/technology/21botnet.php

Buckypaper

Is your newspaper made of "buckypaper"? Will books be printed on "buckypaper"? Or will "buckypaper" be the next generation of stealth planes, outer space probes?

Read article below.

http://edition.cnn.com/2008/TECH/10/17/buckypaper.invention.ap/index.html

On buses and God

The British Humanist Association is putting up slogans in buses that will read, "There's probably no God. Now stop worrying and enjoy your life."

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http://news.bbc.co.uk/2/hi/uk_news/england/london/7681914.stm

America needs $2 billion daily to run government

Joseph Impoco tells us that America is not saving while the Japanese does. America needs loans to run its government which is in the figure of $700 billion a year (we only have 365 days a year). America is in deep credit card debt.

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http://www.iht.com/articles/2008/10/19/business/19impoco.php?page=2

View on economic meltdown

Tyler Cohen traces what could have went wrong.

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http://www.iht.com/articles/2008/10/19/business/19view.php

Iceland meltdown

This article essays on how the world economy is tightly interconnected and it could tells us it has both a boom side and just like a balloon it can burst.

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http://www.iht.com/articles/2008/10/19/opinion/edfriedman.php

Islam meets China rules

Below is an article on how Chinese authorities are dealing with Muslim in Xinjiang autonomous region.

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http://www.iht.com/articles/2008/10/18/asia/19xinjiang.php

Melamine Tsunami and Chinese courts

The article essays on the Chinese response to the problem of tainted milk. Well, somewhere in a limbo.

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http://www.iht.com/articles/2008/10/17/asia/17milk.php?page=2

What volcanos do.

Are you in a credit crunch?

Solutions from CNN article.

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http://money.cnn.com/2008/10/08/pf/personal_credit_crisis/index.htm?iref=werecommend

Office of tomorrow

A glimpse of what could be the office of tomorrow.

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http://edition.cnn.com/2008/TECH/science/10/16/future.office/index.html?eref=rss_latest

Child mortality, global view.

Link below are country indicators on the prevalence of child malnutrition and child mortality.

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http://news.bbc.co.uk/2/hi/in_depth/7670229.stm

Who is Richard Fuld?

The story of Lehman's collapse.

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http://dealbook.blogs.nytimes.com/2008/10/06/the-last-days-of-lehman-brothers/?excamp=GGDBlehmanbros&WT.srch=1&WT.mc_ev=click&WT.mc_id=DB-S-E-GG-NA-CT-lehman_bros

Cost of Food?

In this days of hardship, how much is the cost of food around the world?

http://news.bbc.co.uk/2/hi/in_depth/7671124.stm

Why China is important in global politics?

With trillions of dollars in their foreign reserve, who can ignore China?

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http://news.bbc.co.uk/2/hi/asia-pacific/7671482.stm

How the bailout will cost?

Is anybody in this room know how much space will it take to have a $2.25 trillion in one hundred bills?

http://www.iht.com/articles/2008/10/15/business/15bailout.php

Special Court for drug dependents

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http://www.iht.com/articles/2008/10/15/america/15drugs.php

Wash your hands

Washing hands with soap will help a lot.

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http://news.bbc.co.uk/2/hi/south_asia/7670855.stm

Yilmas, a woman examining modernization

In Turkey the government is run by a secular doctrine. It's founder Ataturk push Turkey towards the democracy of the west and cut its ties to the Ottoman East.

Yilmas is an activist who is advocating the wearing of headdress or veils for women.

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http://www.iht.com/articles/2008/10/14/europe/turkey.php

Pepsi goes to cut 3,000 jobs!

The economic turmoil has caused workers their job at Pepsi.

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http://www.iht.com/articles/2008/10/14/business/pepsi.php

Paul Krugman, Who is he?

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http://www.iht.com/articles/2008/10/14/business/14econ.php

Now, now, where is the Dictionary?

If not for Noah Webster where would we be?

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http://edition.cnn.com/2008/US/10/12/noah.webster.birthday.ap/index.html?eref=rss_latest

Hindu and Christian relation in India

Somewhere in India, a land of one billion people, and a secular state, there is a confused relationship between Hindu and Christians.

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http://www.iht.com/articles/2008/10/13/asia/13india.php

How much is $10.2 trillion?

Do you know how to count up to 10.2 trillion?

http://edition.cnn.com/2008/US/10/12/national.debt.clock.ap/index.html?iref=mpstoryview

Economic rescue plan fails to address problem of 6 million to default house payment

Below are two articles that is related to the Wall street economic meltdown and a woman, 90 years old who shot herself because her house will be foreclosed.

http://edition.cnn.com/2008/US/10/03/eviction.suicide.attempt/index.html?iref=mpstoryview

Mass extinction

During the period where most life was extinguished and few survived, where did living forms took refuge?

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http://dsc.discovery.com/news/2008/10/03/permian-extinction.html

Graphic presentation of BBC on Wall Street's economic collapse

BBC's graphics tells us the figures and the graphs that points to things all going down. The next is to go up, but when?

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http://news.bbc.co.uk/2/hi/business/7644238.stm

Time Line of the Crisis under American sky

The link is CNN's documentation on the economic crisis spawned by mortgages that the American failed to arrrest.

http://edition.cnn.com/2008/BUSINESS/09/30/us.bailout.timeline/index.html?iref=mpstoryview

Update: Wallstreet

Thomas Friedman tries to figure out the Wallstreet meltdown. Shows how we are interconnected.

http://www.iht.com/articles/2008/10/01/opinion/edfriedman.php?page=2