What is truly behind global financial crisis? Is globalization going too far? Are emerging China and India to blame for the world financial and political mess? What is the next in globalized trade, employment, competition and management?
It’s no exaggeration to say that President Obama was the Democrats’ last chance to maintain some level of political legitimacy in the eyes of working class Americans. Now, after a year of solid pro-corporate policies, it’s obvious Obama has failed; and with him the Democratic Party.
Watch out on exploding China and Asia century! Discover what is really inside Chinese and Asian stock market, multinationals, banking, yuan, insurance, management, and politics. Get great info and analysis from veteran researcher George Zhibin Gu on the ground inside China.
On December 25th it was discovered that thousands of gallons of water flooded the Community Church building after a water pipe burst on the third floor. We are blessed that no one was harmed and that we have a community
that was able to step up and immediately begin work to secure the safety of the building. Unfortunately the damage is incredibly severe and will be very costly to recover from. Insurance will cover much of the damage but not all. We are in great need of financial support.
The creation of speculative bubbles creates false values, which lead to huge bonuses. The financial crisis was triggered by falling housing prices. The crisis was met with government bailouts but the "moral hazard" was not countered.