Friday, March 13, 2009

US Economy Rebound

Few days ago, CITI Group posted profits for Jan & Feb! which quarter does this period correspond. As a financial expert in Dubai said "this is a storm in a tea cup". It is suspect the timing, period covered and the announcement.

Unless these financial institutions who created made the mess we are all in learn their lessons and come up with real corrections and BETTER PRACTICES, we will get into a more serious problems. We all should do our best to make the hap hazard stimulus efforts work. I have full support for President Obama because he and his team are working in the dark on economic corrections efforts.
Bi 

Tuesday, March 10, 2009

Election of OBAMA

For the African and African descendants this election takes away centuries of inferiority complex, at last one of us can and is sitting on the most powerful seat. For the others and especially the whites  "MAN WE ARE EQUAL" at last.
After the honeymoon: "
for the Africans this election is the end of adolescent. Now we will not get or ask for any special privileges. The time for the minority benefits, quotas etc is gone. We have become MEN and "WE SHOULD ACT ACCORDINGLY"
for the Whites we have arrived. "PLEASE LEARN FAST HOW TO LIVE WITH IT"

Bi for now

Economy Rebounding

Seems today is the first hint that the US economy and the EU is rebounding.  A lot of comments by experts it bottomed up! Well we all hope so. But there could be only two outcomes:
A start of a rebound due to the unrepresented pumping of funds
A short up which is not lasting

Either way we better be careful the first will take us to unknown territories and the second is the bottom is still far away and can we handle the problems!