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Nationalize AIG

There  is only one solution for AIG’’s problems - nationalize the company and let the government take  full control. How hard can it be to run an insurance company profitably? It is definitely not rocket science.
Throughout the world, insurance companies make good profits - it is a fail-safe business. Essentially, they just sell insurance; if there [...]

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Is Negative Coverage Hurting The Economy?

 
Media coverage of the current economic crisis has been profoundly negative. The media is supposed to cover the facts - which it does quite well. In addition, it covers opinions that simply add to the prevailing doom and gloom.
Just look at the media pundits on the news channels. They are wrong most of the time [...]

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Obama - The India Connection

By Niraj Chandra

Does President Obama owe some of his good fortune to the idol of the monkey god Hanuman that he carries in his pocket? Indians would certainly like to believe so and there may be some evidence to back this up.
 
It is well known that Mr Obama carried a number of lucky charms in his [...]

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Yes Oui Can

 
 
Ottawa, February 19, 2009
 
 
Icy roads, driving snow and a  security clamp-down could not keep  thousands of  fans away from Parliament Hill this morning, as they lined up to catch a  fleeting glimpse of President Obama on his first official visit to Canada. World leaders come and go in this capital city and evoke hardly any [...]