When we are alive, we are all equal in the eyes of the Law. As living and breathing humans, each of us is (in principle) a priceless member of society and all equally entitled to the same human rights, respect, and sanctity enshrined in the set of fundamental principles that underlie most modern democratic societies. [...]
“Recession” is relative
October 13, 2008 By 5 Comments
I consider myself a lucky guy. I was a general management consultant back in the funny days of the Dot Com boom and watched bemused as all the Baan, PeopleSoft, Siebel, Ariba, Vignette, and Web consultants, among others, suddenly found themselves on the bench doing “Admin” work (and quite a number of even more unlucky [...]
Fortune Passes Everywhere
September 25, 2008 By 20 Comments
Even as Bush says the entire United States economy is in trouble, the world’s economy is sick and getting sicker and if America fails to act, such troubles will cascade across the planet. From Beijing to Hong Kong to Melbourne to London to New York, economies are in trouble, getting there or slowing down. In [...]
RP Sub-prime Crisis To Hit Us Soon
September 13, 2008 By 3 Comments
If there’s a Fannie and Freddie Mac, both housing mortgage agencies which recently bailed themselves out of a sub-prime mess, in the Philippines, we have the National Home Mortgage Finance Corporation (NHMFC). Many people feared that it would suffer the same fate as that of its US counterpart. Yet, the sub-prime crisis in the States [...]
Recent Comments