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Support pension reform

June. 27. 2012 by lawnz –  Category: Economics, Politics, Work (No Comments)

We see our voting system is not reliable sometimes, but I am sure pension system is the most reliable system in goverment : ) and the pension system is better than all the companies I know of. here are some numbers, “Pension costs paid to retired city workers will be about $423 million in 2011, at a time when San Francisco is facing an annual […]

Oil Manipulation

June. 25. 2012 by admin –  Category: Business, Economics, News (No Comments)

Oil Manipulation – As Vermont independent senator Bernie Sanders has pointed out in this interview, Goldman Sachs and Morgan Stanley control 80% of American oil futures. By controlling the jumping up and falling down of oil and gas (and other commodities); these guys are constantly making money by “speculating” on short-term outcomes: if the market goes up, they make […]

why so hard for new graduates to get a job

May. 15. 2011 by lawnz –  Category: Economics, Work (2 Comments)

On the KQED radio, I listened to one new graduate complaining about job market situation for new graduates, she said BS or BA degree used to guarantee a job for new graduates, but not anymore now, they have to get advanced degree or work hard to have impressive experience in resume. why so hard for new graduates to get a job? […]

Wall Street and unemployment rate

February. 24. 2011 by lawnz –  Category: Economics (No Comments)

I asked my friend why Wall Street is doing well, but unemployment rate is still high, my friend said our economics is heading toward the economics like British economics, after they shipped manufacture jobs to outside of UK, their financial sector is still doing ok, but they have chronically high unemployment rate, Obama can save Wall Street, he can not save […]

Yahoo finance top stories

February. 24. 2011 by lawnz –  Category: Economics (No Comments)

I like to find out stock indices sometimes, today I read one of the Yahoo finance top stories titled “Dow Slides for a Third Day on Worries About Oil” - AP, I don’t think oil is the main reason to cause stock to go down, let alone “worries about oil”. if worries about oil is changed to “worries about stock staying high for too long”, that would make […]

Ford Bailout

April. 29. 2009 by admin –  Category: Economics (No Comments)

A Japanese company ( Toyota ) and an American company (Ford Motors) decided to have a canoe race on the Missouri River Both teams practiced long and hard to reach their Peak performance before the race. On the big day, the Japanese won by a mile. The Americans, very discouraged and depressed, decided to investigate the reason for the crushing […]

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