Categories
Rollercoaster

75% of ex-President Bush’s officials still looking for a job

Not to mention in lieu of the current bleak economy and almost 7 million Americans still unemployed, I think to include in their resume about having associations with the Bush administration is like poison to future employees.

But then again, let us be honest here. They are NOT exactly standing in the unemployment line, nor worrying about how to put food on the table, aren’t they ? Afteral, they are all wealthy enough that they do not have to live? on their government wages anyway now.

[ link here ]

Categories
Rollercoaster

World Financial Matters

Something just came into my mind.

China hold about 500 billion dollars of debt incurred by US government, but the debt is nearing 10 TRILLION. Also, Japan holds close to 600 billion dollars, about 100 billion more than China.

The debt held by China is double the value of the gold held by United States of America currently. If USA were to switch to “real money”, wouldn’t they become a third-world country instantly ?