Brazil Future Economic Super Power?

Nov 19, 2009 - After decades of political instability, poverty and uncertanty has Brazil finally hit her stride?  We all know that Brazilians know how to party and play (football) but can they roll with the G8 and give them a run for their money?  In 2001 Goldmen Sachs placed Brazil with Russia, India and China as the economies that would come to dominate the world.   Some may find it queer to place a country with a growth rate as skimpy as its swim suits, an economic fragility that consistantly suffered with any financial crisis, chronic political instability and a history of squandering economic potential could have so effectively put those wose behind them to pave the way for such a prosperous future.  China is said to lead the world out of our currant economic down turn with Brazil hot on their heals.  Brazil did not avoid the down turn but was among the last in and the first out.  Their economy is growing at a rate of 5% annualy and will pick up in the short term as new deep sea oil fields come online.  Brazil also enjoys a food and mineral trade with many Asian countries. Sometime after 2014 Brazil is scheduled to become the worlds 5th largest economy saying to Great Britan and France uhm excuse me I beleive that's my seat.  In many ways Brazil is said to outclass the other up and comers (Chine, India and Russia).  Unlike China and Russia it is a democracy.  Unlike India it has no insurgent, ethnic, religious hostility or unfriendly neighbors.  Unlike Russia it exports more than oil and arms and treats it's investors with respect.  Is that code for arss kissing? - 4 Comments

The sands are running out for Democrats up for election in 2010

Nov 05, 2009 - Hello, Tipping Point The Obama presidency was always a race against time. Kim Strassel (WSJ) 'We don't look at either of these gubernatorial races . . - 1 Comment

Citi starts closing Mastercards without warning

Oct 20, 2009 - NEW YORK - Shannon Burdette tried to pay with her Shell Mastercard after filling up her gas tank this weekend but found the card rejected. Confused, she called the customer service line on the back of the card, issued by Citibank, and was told the account was closed because of something that appeared on her credit report. But when the Sykesville, Md., resident got a copy of her credit report online, the only negative thing she saw was "closed at credit grantor's request" on the Shell MasterCard account. - 4 Comments

Sarkozy junior embroiled in nepotism row

Oct 12, 2009 - http://www.google.com/hostednews/afp/article/ALeqM5j6-pq3ewBQFkY2YoOW0zeJ3ou8YA By Carole Landry (AFP) – 53 minutes ago   PARIS — The imminent promotion of President Nicolas Sarkozy's son to manage France's wealthiest business district drew howls of protest and derision Monday over the 23-year-old's meteoric political rise.   Opposition politicians accused the president of nepotism and charged the "Sarkozy clan" was tightening its grip on the "treasure chest" of La Defense, a district west of Paris where top French firms are headquartered.   Dubbed "Prince Jean" by the press, undergraduate Jean Sarkozy is in line to replace the minister for economic recovery, Patrick Devedjian, as chairman of EPAD, the agency overseeing office development in La Defense. - 5 Comments

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Man arrested in alleged attempt to bomb Dallas skyscraper

Sep 24, 2009 - This hits a little close to home since I only work about 5 miles from this building. ~~~~~~ Man arrested in alleged attempt to bomb Dallas skyscraper 07:25 PM CDT on Thursday, September 24, 2009 Staff reports Federal authorities arrested a 19-year-old Jordanian citizen whom they said placed an inactive car bomb today at Fountain Place, a 60-story skyscraper in downtown Dallas. Fountain Place at 1445 Ross Avenue Hosam Maher Husein Smadi has repeatedly voiced his intent to serve Osama bin Laden and al-Qa’ida and commit “violent Jihad,” authorities said in a prepared statement. - 7 Comments