I am neither an economist nor do I claim to understand how the US Fed works (may be just a little, in passing). But I think Obama should let Ben Bernanke, the Fed Chairman, go. Isn't it under his stewardship that we had recession building and taking millions of 'lives' everywhere? Didn't he pledge allegiance to the failed economic policies, and was probably the brain behind drafting many?
When the economy tanked, and when the only way is up - however insignificant the change is, he did take some bold decisions to effect that change. Or was that a much delayed response in the first place? We will never know anyway.
No problem can be solved from the same level of consciousness that created it. -- Einstein
If BB was a part of the problem in the first place, doesn't it make sense to bring in a fresh pair of eyes and brain into this hot seat? ... who can bring in fresh thinking, better policy and the much needed change? BB's list of accomplishments could fill a realm of paper, printed 2-sided at that, but keeping the same dull heads who either didn't see this coming or didn't act on it earlier should be enough reason to change him, I think.
What's more...it could also help BB go make a 'decent living' for all his 'economic prowess'. Apparently he only makes $200k p.a. without any bonuses or pay raises, albeit the fact that the toxic assets he made the Govt. buy last year are bringing in huge returns. A Wall Street executive could have easily raked in a couple of billion for this kind of effort.
Let the people change. And so, let the rules of the game change...for better! It takes courageous leaders to take bold decisions. Haven't seen that yet in Prez BO.
Swasti!!
Tuesday, January 26, 2010
Tuesday, January 19, 2010
How long is the year NEW?
When I talk to some of my friends or colleagues, for the first time this year - the conversation starts with the 'Happy New Year' wish. Even on Jan 19th. I don't mind..and wish the other person the same and even better :)
How long is the year new? When does it get old - or rather, not new any more?! Does it take a second conversation to get past that opening sentence/wish? Or does it really have to be February before people drop that wish from their conversations?! Or is it done by the last week of January (feeling that we are already at the end of the first month?!) Any ideas?! What's the cut off...if any?! What say you all?!
In this context, I remember one of my English teachers from my early school days saying - we should not talk any more after we say 'Good Night'! And I used to follow that scrupulously (as a kid - not now :) ) Has any of you heard that before?! What do you think of that?!
Anyway - to those I haven't talked to, this year, yet - Happy New Year!!
And to all of you - Good Night!!
Swasti!!
How long is the year new? When does it get old - or rather, not new any more?! Does it take a second conversation to get past that opening sentence/wish? Or does it really have to be February before people drop that wish from their conversations?! Or is it done by the last week of January (feeling that we are already at the end of the first month?!) Any ideas?! What's the cut off...if any?! What say you all?!
In this context, I remember one of my English teachers from my early school days saying - we should not talk any more after we say 'Good Night'! And I used to follow that scrupulously (as a kid - not now :) ) Has any of you heard that before?! What do you think of that?!
Anyway - to those I haven't talked to, this year, yet - Happy New Year!!
And to all of you - Good Night!!
Swasti!!
Sunday, January 03, 2010
Happy New Year!!
Dear friends,
Hope you all are having a good start to this New Year! There have been many events in 2009, as with any other year, some pleasant and some not so pleasant. However, I am sure we are all that much more experienced and wiser by all the happenings.
As with the advent of Sunday, or the first day of any month, we look forward to the beginning of the year with bated breaths; with many hopes, wishes and aspirations - for positive events and outcomes for our efforts. However, this continuum of time knows no boundaries like days, weeks, months and years and never changes its course nor favors any - and it is us who have to improve ourselves and put in a better show to achieve our goals.
Wishing us all the best in this year for bringing out a 'better us' -
Swasti!!
Hope you all are having a good start to this New Year! There have been many events in 2009, as with any other year, some pleasant and some not so pleasant. However, I am sure we are all that much more experienced and wiser by all the happenings.
As with the advent of Sunday, or the first day of any month, we look forward to the beginning of the year with bated breaths; with many hopes, wishes and aspirations - for positive events and outcomes for our efforts. However, this continuum of time knows no boundaries like days, weeks, months and years and never changes its course nor favors any - and it is us who have to improve ourselves and put in a better show to achieve our goals.
Wishing us all the best in this year for bringing out a 'better us' -
Swasti!!
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