Hollywood’s Deepest Foray Into Bollywood – “Chandni Chowk to China”

Readers of this blog are no strangers to Akshay Kumar, probably today’s most bankable star in Bollywood, with block buster hits such as “Singh is Kingg”, “Welcome” and “Namaste London”.  As Rachel Saltz of the New York Times wrote on August 15, 2008 about his performance in “Singh is Kingg”, “…the immensely likable Mr. Kumar…

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CNBC & US Treasuries – More Things Change, More They Stay the Same

Editor’s Note: This is an article about financial television and financial media in general. It is not an investment article and no one should base any investing decisions or conclusions based on anything written in or inferred from this article. Investing is a serious matter and all investment decisions that should only be taken after…

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Is Kashkari A Chump Or Was Congressman Cummings Abusive?

Neel Kashkari, Assistant Secretary of the Treasury, got roasted by members of Congress when he appeared before a Congressional Committee on Friday, November 14, 2008. Mr. Kashkari oversees the Office of Financial Stability including the Troubled Asset Relief Program (TARP) or the US Bailout program. Unfortunately for him, the TARP program seems to be in…

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Did Income Inequality Rise or Fall in the Bush Administration?

Most people would regard this question as either rhetorical or dumb. After all, many commentators have bemoaned the fact that rich people got richer and the rich-poor gap grew wider during the Bush Administration.  The Business Section of the New York Times on November 10 featured articles by luminaries like Robert Shiller, Alan Blinder about the need to…

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Chinese Slowdown – Revenge of the Austrians?

On October 4, 2008 we wrote an article titled “Are The Wheels Coming Off Global growth? – Dubai and China” – www.cinemarasik.com/2008/10/04/are-the-wheels-coming-of-global-growth–dubai-and-china.aspx Dubai and China represented the Promethean dream of unfettered global growth and we implied in our article that the economic gods were about to punish them just as the Greek gods punished Prometheus. This…

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