“As Indian Growth Soars, Child Hunger Persists”… a comment

Yesterday, a friend wished to post a comment on the much-discussed article that made the headlines in The New York Times. Some readers thought the article was newsworthy, others expressed their furore over the skewed perspective, and yet others posted counter-comments. The following is one which was written, but was not published, since all comments …

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A South Asian Indian kid, a refugee!!!

That isn't possible, and it isn't true. India may be high up on the list of countries exporting her skills to the US, or providing cheap labor to make pricey goods for rich consumers the world over. But no sir/m'am, India does not "export" her poverty to other nations. On the contrary, millions of refugees …

Response to: “The New Frugality: No Passing Fad” in The New York Times

In response to this article, http://roomfordebate.blogs.nytimes.com/2009/03/09/the-new-frugality-no-passing-fad/comment-page-11/?_php=true&_type=blogs&_r=0 Largely, you could say I’ve lived frugally my entire life; whether or not I held a well-paid job, did a survival job, or when I have no job; only, so that I could save for the rainy days (which are a given for most people, at least at some …

Is today’s stock market rally for real?

With the closing bell, today's market recorded a significantly high spike to the tune of 5.8%! Somehow, when my ears heard the ring... it sounded hollow! "Profitable" news from Citi chief this morning caused the spurt. But will this rally be sustained over the coming days? Already there's talk of tightening credit. Metrics used by …

He wanted to be a “Quant”…

In the late 90s, my close buddy quit his well-paid job of 'research scientist' with a leading oil company. He wanted to be a "quant". Lured, not by the money; that would follow (and plenty of it, although not quite as much as the obscene figures that Wall Street traders take home), but by the …

Ad Agency layoffs

In Spring 2008, when I referred to layoffs at marketing companies and ad agencies, some smart alecks scoffed at my words, merrily mocking me and my writing. Numerous people holding jobs then dropped pearls of wisdom... "Network, get yet another degree (since my MBA does not seem to cut it), or better still, change your …

Laugh, or cry… Yahoo! Finance User Comments… 090309

How you would react to the following, I wouldn't dare predict, but I just fell off the chair, laughing! "Cancel your credit card before you die..........(hilarious!) Now some people are really stupid!!!! Be sure and cancel your credit cards before you die. This is so priceless, and so, so easy to see happening, customer service …

Of layoffs… something’s not quite right.

Piecemeal layoffs avoid warning laws Yes, this one sounds much like what I expressed almost a year ago. Continuing job losses may signal broad economic shift More on Jobs (Including  a Little Good News) Thanks for the link, EON. Ever Closer to 1982. What to do when you lose your Job (Some advise from various …

Hats off, to all those brave job-seekers in Manhattan!

"Wow!" said the cabbie in Gotham, and "Oh wow!" sez I, sitting at my desk after watching this video of gutsy New Yorkers. But for the video caption, I'd have wondered, "Who are all these people waiting in line outside the Sheraton Hotel on 53rd St in sub-zero temperatures!" In contrast to the expected turnout …

Ex-leaders of lending, once again at the forefront!

Express regret and thou shalt be absolved of blame. So what, you cannot be held responsible for the turmoil, despite ranking high within the nexus of all those who must bear responsibility for the present debacle in the financial world; a  disruption that not only affects past borrowers of home-loans, but also those who hold …