I am not against sites whose content is to publish news with a positive message only. But I am against people who get their news from that one source only. If we are not informed about all the bad and negative that happens in our world, how will we get motivated to make our world a better place? If we think that everything around us is only good and positive no matter how inspirational that may be, it's also very delusional and dangerous when everything else is ignored.
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Showing posts with label bad. Show all posts
Showing posts with label bad. Show all posts
Monday, September 21, 2009
Friday, May 1, 2009
Make money creating the crisis. Make money solving it!
Here's the skinny. The guy gives tons of loans to people who can't afford them and sets the stage for the sub-prime crisis. The crisis erupts. He buys the loans back from the government ridiculously cheaper than the government bought them from the banks using taxpayers money. As a result he can afford to lower the interest homeowners pay on those loans and still make a 20% profit from them. Desperate to keep their houses, homeowners will gladly say thank you to him for helping them keep their houses.
And I want to ask a very simple question. Why is the government selling the loans to him? Why can't the government hire Him or other people like him to do the job of lowering the interest rate on those loans itself? Why let Him do the job via PennyMac and let Him keep the 20% profit? Why not have the government do the job and return the 20% profit to taxpayers whose money it used to buy the loans in the first place?
Is our government stupid, incapable or what? Or is the former No2 of Countrywide Financial that brilliant?
I have to say, just by looking at the name of his company PennyMac, he is a brilliant shyster. Penny for thriftiness and Mac for creative! Son-of-a...spiv :((
Check the full story here
http://www.thinkaloo.com
And I want to ask a very simple question. Why is the government selling the loans to him? Why can't the government hire Him or other people like him to do the job of lowering the interest rate on those loans itself? Why let Him do the job via PennyMac and let Him keep the 20% profit? Why not have the government do the job and return the 20% profit to taxpayers whose money it used to buy the loans in the first place?
Is our government stupid, incapable or what? Or is the former No2 of Countrywide Financial that brilliant?
I have to say, just by looking at the name of his company PennyMac, he is a brilliant shyster. Penny for thriftiness and Mac for creative! Son-of-a...spiv :((
Check the full story here
http://www.thinkaloo.com
Thursday, April 23, 2009
Does starting a new bank make sense?
My reasoning for starting a new bank is that creditworthy customers would rather trust that their money is held with a bank that is 100% free of toxic assets and that it won't go bust. People tell me I must be crazy to want to start a new bank because a) no one trusts banks any more and b) no one has money any more. I don't think b is true and a happens because existing banks have a lot of bad loans/investments in their books. A new bank that has none of it can earn the trust of creditworthy customers. It seems good business to me to want to start a new bank despite the turmoil in global finance.
http://www.thinkaloo.com
http://www.thinkaloo.com
Tuesday, April 7, 2009
Movie scenario
2011. The US economy is going through its Greatest Depression. People everywhere are gloomy, depressed, unhappy. The government is too embarrassed and stops reporting suicide rates. Government-provided universal health coverage in the US has been implemented and all medical records are digital. All patient-doctor communication is electronic, therapy is delivered online and patients rarely visit the doctor at his office. The government wants to do something drastic to end the Depression and decides to write a software that will inform every citizen that they have been diagnosed with a terminal illness. You get informed that you have 1-2 years of healthy life in front of you before the illness takes over.
Will the government's action, however drastic, energize people to ostracize misery and gloom from their lives and turn a whole nation away from depression?
Do you think it is an interesting scenario for a movie? I imagine that the end will be that the whole nation will recover fast from the economic slump and misery but when the people realize that their diagnosis was fake they will be shocked not knowing whether to forgive or not forgive their government for lying to them.
How would you develop the story?
www.thinkaloo.com
Will the government's action, however drastic, energize people to ostracize misery and gloom from their lives and turn a whole nation away from depression?
Do you think it is an interesting scenario for a movie? I imagine that the end will be that the whole nation will recover fast from the economic slump and misery but when the people realize that their diagnosis was fake they will be shocked not knowing whether to forgive or not forgive their government for lying to them.
How would you develop the story?
www.thinkaloo.com
Saturday, March 29, 2008
Armpit deodorizer patches
This thought was posted on Thinkaloo on 20 March 2008 by member Sabina
Visit www.thinkaloo.com, our new online community where you can share your thoughts and knowledge, discuss your ideas, ask questions and meet smart people
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The deodorizer can be a thin patch you easily take off when you want to wash your undershirt. Placed in the area of your armpit it can hide the bad smell on a long sweaty day. You can use it on jackets and business suits as well.
Visit www.thinkaloo.com, our new online community where you can share your thoughts and knowledge, discuss your ideas, ask questions and meet smart people
---
The deodorizer can be a thin patch you easily take off when you want to wash your undershirt. Placed in the area of your armpit it can hide the bad smell on a long sweaty day. You can use it on jackets and business suits as well.
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