Christmas Cartoon – Santa Economics

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Need A Job? India Is Hiring!

ComputerWorld reports –

U.S. companies have been hiring workers from India for years, especially graduates of U.S. universities. But Indian companies, as well as American firms operating in India, are now trying to convince some of them to return to India. A job fair at the San Jose Convention Center this weekend is focused on helping companies recruit Indian workers who may in the U.S. on a visa by informing them about the professional and economic opportunities back home. Organizers also stressed that the job fair is also open to anyone who is interested in working in India.

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State of The Economy – According To Ziggy [comic]

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The 1% On Halloween [comic]

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My New Corner Office [comic]

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The Sad Truth About Our Society In 1 Image [pic]

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How Wall Street Really Works – Dilbert [pic]

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Executives Never Change [comic]

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WSJ Recommends Investing In China – Makes Eventual Takeover More Efficient

WallStreet Journal reports –

We’re perfectly happy eating in a Chinese restaurant. But will we start banking in a Chinese bank? It’s not as crazy as it sounds. As The Wall Street Journal’s Lingling Wei reported Wednesday, the Bank of China here in the U.S. has started allowing American customers to open an account and to invest up to $4,000 per day—and a total of $20,000 a year—in Chinese yuan, or renminbi. Until now, you had few options to hold money in yuan, which is a “closed” currency managed, and protected, by Beijing. The bank has three U.S. branches—two in New York, and one in Los Angeles. You’ll have to fill out paperwork to open an account and provide two forms of ID. And there’s a minimum deposit of $500. Is this a good idea? You may wonder why anyone would do this. Investing in Chinese currency may sound like something best left to speculators.

To find out why you should do this, continue reading HERE.

 

God Fed Up With Bullshit From Crystal Cathedral – Forces Church Into Bankruptcy

According to CNN –

Leaders of the bankrupt Crystal Cathedral megachurch in southern California made emotional appeals over the weekend for financial help – as well as extended a grateful thanks to worshippers. Church founder Robert H. Schuller, 84, made a personal appeal during Sunday’s services in the Garden Grove, California, church. “I need more help from you,” Schuller said, according to an account in the Orange County Register. “If you are a tither, become a double-tither. If you are not a tither, become a tither. This ministry has earned your trust. This ministry has earned your help.”

While Schuller Coleman stated the church has had its best cash flow in 10 years, it has been unable to cut its expenses fast enough to deal with the recession. In the blog and during Sunday’s services, Schuller Coleman said the church debt includes a $36 million mortgage plus $7 million in bills from vendors. In all, church debt is close to $50 million, she told congregants.

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A Pessimist’s Guide to The Next 10 Years

The title pretty much explains this excellent post. The author explains, in 45 short points, how the near future is going to suck more than the present does. Some of the points are spot on; already occurring – 6) The middle class is over. It’s not coming back or 32) Musical appreciation will shed all age barriers. Some points seem to be forward looking, but plausible – 20) North America can easily fragment quickly as did the Eastern Bloc in 1989 or 13) Enjoy lettuce while you still can. While others are just out there – 25) Dreams will get better or 27) Hooking up will become ever more mechanical and binary.

All in all, I found the post very entertaining. Don’t miss it.

Read it HERE.

 

 

Glenn Beck – Donald Duck Mash Up [video]