"Executive fugitives" are leaders of industry and finance toppled by the economic crisis and, often, their own greed. Facing financial ruin and even worse; prison, they decide to make a run for it. But these days, officials say, life on the run isn't that easy, even with a suitcase full of cash.
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Monday, May 25, 2009
Stalemate in Afghanistan??
The inability of the Marines to dominate the area is an extreme example of how limited troop numbers, especially in the country’s strategically vital south, have hampered the U.S. ability to eradicate the Taliban threat. The U.S. and NATO-led coalition has easily defeated the Taliban in battle, but struggled to prevent insurgents returning
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read more | digg story
Sunday, May 24, 2009
Wealth:Only Mexico & Russia More Unequal Than America.
The wealthy are also feeling the pinch of the global recession. The extremes of wealth in the US & Britain had reached level not seen since the 1920's.The gains from recent economic growth flowed disproportionately to the wealthy.The top 10% earners received the vast majority of the growth of 1996-2005.It is not sustainable in the long run....
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read more | digg story
Saturday, May 23, 2009
MBA's Gone Bad; a Year of Infamy
An unraveling economy is bound to generate its share of failures. But this one has generated an odd sort of culling of the herd. Instead of taking down the low-hanging fruit—executives with no business training -the current economic crisis has claimed as casualties some highly trained business practitioners who ought to know better: MBAs.
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read more | digg story
Wednesday, May 20, 2009
Insurance Companies Are Already Screwing Obama on Health Car
One week after the nation's health insurance lobby pledged to President Obama to do what it can to constrain rising health costs, Blue Cross Blue Shield of North Carolina is putting the finishing touches on a public message campaign aimed at killing a key plank in Obama's reform platform.
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Sunday, May 17, 2009
Homeless:Down And Out in America in Photographs.
Homelessness & extreme poverty is one of the biggest scandal in America's society. The numbers are truly incredible, and the recession will only make the problem worse. In Los Angeles (America's capital of homelessness) the current estimate is 80,000. In New-Orleans post Katrina 12,000. The photographs were taken between 1983 & 2008.
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read more | digg story
Wednesday, May 13, 2009
Power In America: Wealth, Income & Power.
This document presents details on wealth & income distribution in the US, and explains how they are power indicators.In 2004 the top 1 % had 42% of the financial wealth, the bottom 80% had 7 % of it. From 1990 to 2005 CEO's pay increased 300% while workers gained a scant 4.3 %. A society based on a system with such inequalities is not sustainable.
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read more | digg story
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