This post is supposed to be a guide to students who are looking to the schools in the USA for PhD. My only authority on the subject matter is that I am currently doing a PhD myself, and in the six years I have spent in the program and the system, and talked to several …
The nationalization of Freddie Mac and Fanny May marks a major shift in the US policy of free-market, deregulated economy (to a more socialist policy), or does it? With my rant against the the bailout out of the way, lets see if this really is something different that the US government has had to do …
Last week, the US government took control over Freddie Mac and Fanny May, the financial gaints of the US martage industry (and the crisis). Now this puts the US government in control of nearly half of the $12tn mortgage debt in the US (The two companies have lent or underwritten about $5.3 trillion mortgage debt …
Musharraf declares emergency in Pakistan, replacing the chief justice before a crucial Supreme Court ruling on his future as president. The best reaction that US could give was that it was ‘disappointed’ (that is was ‘deeply disturbed’ and ‘urges’ Pakistan to return to democracy). Disappointed!? Is that it? Whatever happened to all the rhetoric about …
