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Financial Oligarchs

David Brooks of the NYTimes has said the notion of Financial Oligarchs is nonsense; rather the financial upheaval of the past two years and its consequent debilitating recession can be attributed to …. “stupidity”. I would like to quote some dissenting opinions. First, from the Atlantic there is : “The crash has laid bare many …

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Islamic Finance

There is a compelling article in the Telegraph on Islamic Finance. The problem is Sharia Law and its restrictions on loans and charging interest with its consequent implications for Islamic financing. The problem is that in Kuwait the Islamic financial firms are trying to work around the loans and interest restrictions in Sharia Law. it …

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Obama Speaks

Barack Obama’s major impact on the change in power and the US Presidency is not that he is extremely well briefed and knowledgeable about a wide range of issues. Nor is  that he can speak eloquently and with purpose on the topics and problems he is confronted with. No the outstanding qualities that are coming …

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Jobs, Jobs, Jobs

In a previous posting, we have said that now more than ever before, durable, well paying jobs are now the Gold Standard for government’s in bolstering their economies. The problems, especially for developed countries like the US and Europe are threefold: 1)Manufacturing (the best durable and well paying jobs) has been exported overseas, primarily to …

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Fire Ready Aim from the Right

In a significant political opinion, NYTimes  columnist David Brooks acknowledges what was manifest – Sarah Palin is not ready to become President: “But a few commentators, like George Will, Charles Krauthammer, David Frum and Ross Douthat demur, suggesting in different ways that she is unready….I would have more sympathy for this view [that Sarah’s ready] …

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