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Author Archives: ayecapitalist
And The Winner Is …..
2011 has been a year of uncertainty and turmoil in the global markets. In the latter part of the year we saw wild gyrations in the U. S. stock markets with the Dow Jones Industrial Average (DJIA) having a record … Continue reading
Posted in Current Events, Money, Politics
2 Comments
Newt Gingrich Gets A Christmas Sermon
Newt Gingrich is awakened, like Abou Ben Adhem, from a deep dream. It’s 5:00 am on Christmas Day – he peers around in the darkness. He senses it – there’s a supernatural kind of presence in the room. “Who’s there?” … Continue reading
Posted in Christmas, Current Events, Politics
11 Comments
Going for Broke. Our Ponzi Economy.
How do bad deals, such as subprime lending, become good deals with some financial engineering? Let’s do a thought experiment, with 3 hypothetical deals. Deal #1: Here’s the deal: You invest $100 with me. I’ll pay you $110 at the … Continue reading
Posted in Current Events, Money, Politics
4 Comments
The Higgs Boson – Have We Just Found the God Particle?
Satyendra Nath Bose (1894-1974) was a famous Indian Physicist and Mathematician known for his collaboration with Einstein in providing key insights into the foundational developments in Physics. These include the theory of Bose-Einstein condensates – the weird, degenerate properties of … Continue reading
Posted in Cosmology, Current Events, Money, Science
5 Comments
India – The Faltering Tiger?
I just returned from India where I got a chance to meet and interact with Thomas Friedman, the New York Times Op-Ed columnist, and also the author of the recent bestseller, “That Used to be Us”. The event (in New … Continue reading
Posted in Uncategorized
3 Comments
Samarkand – An Oasis of Exotic Delights on the Old Silk Road
We just got back from a magical journey. A journey along the old Silk Road where gold and spices and jade and ivory and carpets and rhubarb and tea (and, of course, silk) was carried by caravans of camels in … Continue reading
Posted in Uncategorized
25 Comments
Financial Armageddon – Our Slippery Slope
The stock markets fell across the world today. We saw the biggest two-day decline in the S&P 500 since 2008, and the S&P 500 Index itself is at a twelve month low. Europe is teetering and it’s not just Greece … Continue reading
Posted in Current Events, Money, Politics
9 Comments
The Eight Billion Habitable Planets in our Galaxy
Growing up in India I remember it was hot in summer and, having no air-conditioning, we often slept on the roof of our house. I would spend endless hours staring at the brilliantly lit night sky and marvel at all … Continue reading
Posted in Cosmology, Current Events, Money, Politics, Science
11 Comments
How to Pay for the Jobs Bill
Around 1935, President Roosevelt, faced with the depth of the Great Depression, created a Jobs and Social Security Program to stabilize the American economy. He introduced some bold new initiatives: Social Security Public Works Administration Federal Deposit Insurance Corporation Rural … Continue reading
Posted in Money, Politics
13 Comments
The Radical Right’s “American Exceptionalism”
One of the distinguishing features of Gorge Orwell’s dystopian classic, 1984, was the minimization and distortion of language. So bondage and tyranny were called “liberation”, blatant propaganda was spread by the “Ministry of Truth”, War was waged by the “Ministry … Continue reading
Posted in Politics, Uncategorized
1 Comment