No good deed shall go-Bernanke

 

 

 

President Obama described the sluggish economy in 2009 as "the worst economic downturn since the great depression"

The world's economies collapsed, and all looked to US and the Federal Reserve for help. The man on the helm Is Bernanke.

TARP was created to support the banks, and revamp Auto Industry. AIG was bailed for 180 Billion Dollars. The Feds "Quantitative Easing" Began, and by 2013, it's balance sheet is closer to four trillion dollars.

The last decision of the Fed is to target unemployment to 6.5% and inflate the economy by 2.5%.

"Don't fight the Fed" is the best advise any can give.

AIG's paid back with profit. Unemployment down to 7.4%, Auto industry is booming and the DOW is 15,500 by 2013.

Last Month, out of no where, the President stated that Mr. Bernanke " already stayed a lot longer than ..... he was supposed to"

The statement wasn't nice for a man who had so much on his shoulder and did so much for his Country and the world.

His knowledge, experience and performance helped return the world economies from  depression to normalization.

 "No good deed shall go unpunished."

So let us look at the bright side. Bernanke will get a job in the private sector for 5 times his current salary and write a book for 50 times.
Just a thought

Pursuit of Happiness...



A lot has been guaranteed for Americans. Freedom of speech, right to bear arms, ownership, among others.

Many believe that the bill of right should includes 

A nice house in the suburb with expensive furniture.
Reasonable back yard, something for the kids to enjoy.
Two car garage with three cars, one of which is shiny and expensive.
A dog and a cat.
A boy and a girl is a must but in case another try may get the right mix.

While shopping, you see shoppers with three beautiful girls 2, 3, 4 y.o. running around while the mother is shopping. Or a mother with two little girls and a one year old boy carried by the father.!!!!

So to achieve this perfect picture, one has to rush. The clock is ticking for some. So start with the achievable,........ kids.

Yet there is many other issues that may influence our lives in a negative way. Health of a family member (long term sickness), a loss of a job, a high cost of living and to pay a baby sitter or to be the baby sitter yourself.

Since these are not guaranteed, the divorce rate measured at 52% but no measure of the happiness or lack thereof.

Just a thought.

Future Pharmacist...?

Last Summer, the FDA opened the door for the New Paradigm, where the pharmacist would be more active in Prescribing and Dispensing medications.

FDA asked the public for an input of ideas and Instrument which may be needed in a pharmacy sitting to help introduce the New Paradigm.

Combining the prescribing and dispensing of medications is the core opposition from physicians,  and the reason why healthcare is so expensive in USA. The tide is shifting.

In addition to Thermometer Blood Pressure equipment, and stethoscope now your smart phone can be used as a health diagnostic instrument, EKG, and Blood Glucose indicator. 
Few small steps and the cost of healthcare 0f 3.6 Trillion Dollars is cut in half.   Just a thought.

Egypt"s Revolution, Second time around

The people of Egypt have found a way for their voice to be  heard. Peaceful demonstration.

Mobarak was asked by the Americans to listen to the people and leave, though was not announced.

Morsi was elected to serve the people but he didn't. The people came out swinging.

The Helicopters flew over the crowds carrying the Egyptian Flag.  The armored surrounded Morsi and his followers before General Sisi presented his plan to the crowd. No more Morsi, and the head of the Court will become the Interim President on " Fourth of July"

US was not surprised of what happened in Egypt.  
        
US Media "CNN" can say any thing they want. We, the people, separate truth from fiction.

History has been rewritten again and again. The people of Egypt have a voice.

America and the world are behind the people of Egypt. The Military is behind the people as well. That is why it is a revolution not a coup.

Tomorrow is far better than today. Live it full.

Terrorism in Boston, Analysis

Terrorism in Boston

Terrorism is an ideology which needs to be discussed and analyzed in order to be eliminated at one point.

Terrorist activities occurred all over the world. It has one purpose, to create fear and disturb the peace in the society.

The terrorist in the case of NY Time Square, placed the bombs in the Square and took off to fly to his original Country.

Deception and abandonment of his wife, children, brothers, sisters,  and elderly parents are a big part of the character.

The terrorist entrusts his "loved ones", to the care of the people and the society he is trying to ruin.

The "older" Boston Marathon's terrorist became religious lately, but not his younger brother. He has a wife who he promised to love.....,  and a little girl, now without a father.

The wife and the daughter could have been watching the Marathon, and facing the same results of his own terrorist action.     Ironic Huh.

Groups who promote terror stayed away from the verbal support of Boston's terrorist. That was odd, but think about it.
The terrorist added more of his people to the concerns of the authorities.  "Being Loser" "Brought shame on the family" was the remarks of a relative.

.........
Just a thought.

OPEC,....

The OPEC is one of the powerful cartels for so long. It showed its muscle in the 1973 with the first oil embargo took place. Prices of a barrel of oil went from $4 to $40. Long lines for gasoline in USA, and Europe.

Problems in Nigeria, and the Middle East always pushed the prices higher. 

The rebels in Nigeria frequently kidnap oil producer's employees then release them.  I thought the rebels worked on behalf of the oil producers.

Last week the OPEC had a meeting and here are their important comments.


Nigeria's Oil Minister, Diezani Alison-Madueke "I don't think, in the very immediate short-term, the shale oil or shale gas (in USA) will overtly affect OPEC's production and exports at all, but it is of grave concern for us. Even though we do respect the integrity of the U.S. to be self-sustainable in terms of oil and gas, we are of course concerned in the medium-term."

Venezuela's Rafael Ramirez "given the global economic downturn, a drop-off in demand was the biggest concern for the OPEC." "The economic crisis in the European Union and the U.S. (increase production) puts demand in some danger"

The world is changing fast, Just a thought.

Tourism...*!

After the collapse of world economies in 2008, the US Federal Reserve started printing money, buying US Treasuries and Bonds.   This was called Quantitative Easing or "QE"

This went in three stages of QE1, QE2 and QE infiniti. It helped the US economy, employment, Wall Street, Housing, and Auto Industries drastically.

Printing money is a common practice in the World Economics, China, Europe, etc., based on certain economic principles.

Japan was the latest to print money and buy bonds, lots of it. The Dollar equaled  80 Yen, now 102 Yen in just 2 months. Yet this low value of the Yen will help Japanese exports, spurs economic activities, and quickly.   Ironic huhh!!

In Egypt, the Dollar equaled 0.3 Egyptian LB at one point. Then became equals to 3 E. LB, and currently one Dollar equals 6 Egyptian Pounds.

By comparsion, with currency's easing, one expect that Egypt would have a boom in economics, low unemployment and very comfortable living in the land of the Pharos. Sadly that is not the case.

There is much more to economics than just printing. Adam Smith principles of 1776,  Human Rights of 4000 years B.C. may give the boost needed..... Tourism.       Just a thought.

Teddy, the man in the arena

THE MAN IN THE ARENA

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat. 

Who is fighting who?

The issue of Syria is getting too complicated by the minute.

Some Syrians believe that young Assad is good for the Country, the minority, and many are still defending the government. Others had hopes to follow the Arab spring, but more, apparently, do not.

Hizbollah fighters and fanatics from Europe are now fighting with and against the Syrian government. That complicated the status as foreigners are playing a role which is not clear.

Jordan, Saudis and Israel are concerned about foreign fighters in Syria. Russia and China are on the side of Syria. EU provides small arms to the rebels, and USA complains from so many civilian deaths.

President Obama warned the Syrian from using Chemical weapons, but some may use it to bring the American boots on the ground. A repeat of the Iraq war.

Who can we support? Not the rebels. What happened if the regime collapsed with so many foreign fighters there?

Who gets the chemical weapons? Who smuggles it, and who use it against who?

To be or not to be, "in Syria", that's the question.

Lose Weight-Stay Young

Last week I acquired a muscle shirt, size Small, to mark the occasion of loosing 20 LB so far. I moved from Large to Medium then to small size and from overweight to normal size according to the BMI.

The change occurred is noticed by my coworkers and myself. I have more energy, more time in the day, and I am doing more.

Not carrying 20 LB extra, Day and Night, is a life changing experience.

We don't get older. We grow heavier as we age. One pound a year would add 30 LB to your weight fast.  This is the cause of many diseases and long life struggle.

Age is "just a number" if you don't have the extra weight around your waist.

The extra pounds are not just a number, it add more age to your real one. It is also a cause for alarm.

Please seek help, it is not difficult to loose weight with today's knowledge.

Just a thought.