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Category Archive for 'Business'

How Much is $11.6 Trillion, Really?

Barry Ritholtz, one of the nation’s top economics bloggers, tracks the true expected costs of the banking system bailout.  His figure of $14 trillion has now dropped to a paltry $11.6 trillion, and knowing how important it is to put that into perspective for the rest of humanity, he offers this:
To put $11.6 trillion into [...]

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September is Latino heritage month.  CNN is launching Latino in America with editorial content similar to the series, Black in America.  I may not have the eight most popular last name of, “Garcia” but I qualify to tell you what it’s like to be Latino. 

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“Thought is subversive and revolutionary, destructive and terrible, Thought is merciless to privilege, established institutions, and comfortable habit. Thought is great and swift and free.” 
Bertrand Russell
Ellen is a passionate activist for a large disenfranchised demographic being discriminated by those in power. 
The Wall Street bubble bust created a financial tsunami that was felt the worst [...]

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Which one are you?  The one who gets his own hide to safety and comfort first and foremost, or the one who risks himself and all that he’s achieved to help a weaker person get there too?
Now I see the importance of history
Why my people be in the mess that they be
Many journeys to freedom [...]

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I could attach it to my new fat Mac, the one-drive wonder that set me back the outrageous sum of $2795 and it might have done some significantly awesome black and white graphics with MacPaint, one of the two programs it ran, but the laser printer was still an embryo in a university lab somewhere.

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  “……. Northern Europeans are a superior subspecies of the white race. The Nordics were superior to the Alpines, who in turn were superior to the Mediterraneans, and all of them were superior to the Jews and the Asians.”   This is how Rice University professor Stephen Klineberg described the racist immigration laws in the United States prior to [...]

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Many of the tributes to John Hope Franklin included his statements on the need for apologies and reparations. I think its time for some gratitude because the only uniquely American contribution to world culture is  the blues and her many children.
It is said that Louis Armstrong singlehandedly created the  instrumental improvised solo and the world [...]

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One of the world’s leading diamond producers, DeBeer’s, has decided to halt production in their diamond mine in the Democratic Republic of Congo, withthe reason being the current economic climate makes the project no longer viable.

Translation:

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When I told Chidrup, who is from India, that I am working on a project about the problems of racism in the US, he was puzzled. He sees the US as a place of education and boundless opportunity for everyone.

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But if you’re aren’t the most powerful person on the face of the earth, you ain’t makin’ this list as a black person.  Asian, Arab, Indian, woman, sure!  However, the only one with a discernible amount of the blood of black Africa running through his or her veins to be included on the Financial Times [...]

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