Economic Cycle Research Institute Echoes Alessio Rastani

by on 01. Oct, 2011 in Money, Videos

A trader, Alessio Rastani, caused few raised eyebrows when he claimed on BBC that we are heading towards another recession. He said no matter what Governments do, they don’t have the power, Goldman Sachs does. They, Goldman Sachs, plays the world and there is not much we can do but safeguard our assets and savings that we have. His predictions were more or less related to the Eurozone crisis but he said that the way things are, everyone will be affected in coming months.

Here’s a short video:

Economic Cycle Research Institute or ECRI has predicted three recessions without any false alarms in-between. They are now predicting another recession. If not an outright recession, they say, the best case scenario would be a mild recession but a recession nonetheless.

What do you think? Is there another recession looming?

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Golden Gate Bridge – A View from the Top

by on 30. Sep, 2011 in Bay Area, Photos

This is a different kind of view of the Golden Gate Bridge. It’s from one of the suspensions taken by National Geographic photographer George Steinmetz. Enjoy.

Golden Gate Bridge - A View from the Top

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Saudi women can vote but can’t drive to vote

by on 28. Sep, 2011 in Internet, Islam, Middle East, Politics

Whenever there is a news that comes out of Saudi Arabia, I feel like I am in 14th century. Oh wait, according to them, it is the 14th century. It’s 21st century when it comes to bulldozing historical sites for new 5-star hotels but when it comes to laws, it’s a whole different game.

It’s appalling that in the 21st century a woman with an international driver’s license, Shayma Jastaniah, faces 10 lashes for driving — especially since she says that she was rushing a family member to the hospital. -Nicholas Kristoff

Can vote, but not drive. Saudi women defied the driving ban back in June to participate in Women2Drive campaign and got arrested. For your information, there is no law in Saudi Arabia that prohibits women from driving, conservative religious society has turned it into a social ban.

Nothing much came out of that but there was good news when the King announced women will be able to vote. That was, to many, a big break even though it doesn’t go much further than municipal elections. Because, they can vote, but can’t drive to vote. If they do, jail and lashes await them.

Outrage.

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