Forbes magazine has done it again like it has for so many years, every year. Slim, it turns out, is the fattest among all humans in the world. He is slim by name but fat by his pocket. Without a personal computer and a blog – he works using a notebook, how in the world … Continue Reading »
Who says education doesn’t pay? Sounds like crime, doesn’t it? Christian Science Monitor reports “In the Hong Kong cut-throat world of Chinese education, star tutors drive Ferrari and earn $1.5-million salaries.” After the British left the island and gave control to Mainland China in 1997, English became second language. The government introduced “mother-tongue teaching” to … Continue Reading »
The federal budget has three characteristics attached to it: deficit (or surplus though rarely), debt, and interest. Come to think of it, that’s exactly how family finances behave as well. There will always be debt and interest. Budget of any government in the world has these two characteristics attached to it. You can say that … Continue Reading »
Are government employees – federal, state, and local – earning more money or less than their counterpart in the private sector? I always thought folks in private sector were making more money. That’s the impression I get from the media. Articles after articles have been written about their pay. Brian S. Wesbury and Robert Stein … Continue Reading »
Fareed Zakaria writes for Newsweek and is a commentator on CNN and has his own show on Sunday, again on CNN. He has written an article published in Newsweek on Feb 26, 2010 and has titled it “Defusing the Debt Bomb. It can be done. Here’s how.” I found it very interesting to read and … Continue Reading »
I gotta give it to you, Sue baby. More and more folks – except the bonus babies – have gone to great lengths to be debt free. Once you get in heavy debt like some folks, it would take you almost a lifetime to get out of debt. In the last two years, you paid … Continue Reading »
That’s pretty harsh statement to say that Americans’ entrepreneurship [skill, passion, and belief in the future] must deflect the bread lines of the 1930s. Don’t believe for a second that can ever happen in the good old U.S. of A [Archie Bunker]. I mean the bread lines of the 1930s. Nonetheless, Americans’ skill, passion, and … Continue Reading »
I can make a lot of comments on what’s going on in the nation’s capital especially on Capitol Hill but that would be from the outside what I have learned from the media. Folks working on the inside might know what’s going on in Congress. The members in both houses of Congress are supposedly representing … Continue Reading »
You read it right. Starting in 2010, the IRS will issue tax refunds in the form of savings bonds. That’s an incentive from the government for you to accept the offer or reject it. Most people historically, given a choice when they get the tax refund, will spend all of it or most of it. … Continue Reading »
I, like so many others, have read many articles about our national health-care system. As long as I can remember, since moving to the States in the seventies, the debate about health-care system has been going on and off, especially during election years. Presently, it has been presented to the American people as if it’s … Continue Reading »
Because of the bad economy [what? bad economy? never heard of it], an increasing number of people, almost on a daily basis, are getting deeper and deeper in debt. Some debt is directly due to the lousy economy, mostly because of job loss and mortgage foreclosure. That debt, on the most part, is not of … Continue Reading »
How to resign from Congressional posts is easy. You call a press conference. You say “I want to resign and then resign.” Give your resignation to the Speaker of the House or I am guessing now, to the President of the Senate if you are a Senator. Who controls the Senate and the House? You … Continue Reading »
If you are self-employed and are managing your business either from home or have rented space, you can take steps to minimize your tax-bite for your health insurance. You can take advantage of IRS-implemented but Congress-designed clauses about how and under what circumstances you can take deductions for your health insurance. You can take advantage … Continue Reading »
When you travel overseas, you must keep your money safe if you do have to take large sum with you. Instead of cash, experts advise to carry traveler’s checks, the most frequently used are those issued by American Express. Don’t completely rely on cash. You carry credit cards in the United States, frequently more than … Continue Reading »
