Ghanas Cult Of Corruption Oct 9, 2009
And since then, several generations of public officers have passed through public office, looting the nation blind with utmost impunity, and retired into abundance and incredible plenty, without any fear of anyone ever prying into the clearly unearned wealth they flaunt with utmost abandon ... And since it is now almost impossible to find any former board chairman, minister, president (military of civilian) and several other categories of public officers who is not sitting on boundless... (Ghana Web, Ghana)
It's Difficult To Find A Flaw In Baidu's Picture Oct 8, 2009
Before looking at the numbers, consider Baidu's compelling story: It's the No. 1 search engine in a country that is creating vast wealth by embracing the free-market system, or its own version of it. Combine China's sudden wealth with a need for instant information and its clear passion for technology, and it's no wonder that Baidu is a success story. (Investors Business Daily)
Financial Earthquake Coming as Boomers Retire Oct 8, 2009
Baby boomers will move the industry's main client goal from one from accumulation -- investing in assets that create the most value over time -- to one of "decumulation," said Frank Porcelli, who heads U.S. retail for BlackRock, at the Reuters Global Wealth Management Summit in Boston ... Instead of a focus on building wealth and a retirement nest egg, those clients will soon focus on making the money last. (Newsmax)
Wheres proof of Obamas birth place? Sep 30, 2009
DR wrote on Sep 28, 2009 7:10 PM:" Virginia he stands for Socialism and spreading the wealth. ". DR wrote on Sep 28, 2009 7:09 PM:" Sean wrote on Sep 28, 2009 1:43 PM: Guess what Sean we are doing that and we are the angry Mob, remember? ". (Sierra Vista Herald, AZ)
Zimbabwe: Mugabe Builds Farming Empire Sep 30, 2009
They will continue struggling in life whilst Mugabe's live high on the hog on wealth that belongs to Zimbabwe ... Bob has killed, raped and robbed to make himself and his thugs wealthy. (allAfrica.com)
Nigeria: Anti -Corruption Body Wants Psychiatric Tests For Politicians Sep 30, 2009
She said: "Having dealt with many corruption cases, I am inclined to suggest that public officers should be subjected to some form of psychiatric evaluation to determine their suitability for public office. "The extent of aggrandizement and gluttonous accumulation of wealth that I have observed suggest to me that some people are mentally and psychologically unsuitable for public office. We have observed people amassing public wealth to a point suggesting 'madness' or some form of obsessive-... (allAfrica.com)
HSBC bids farewell to dollar supremacy... Sep 25, 2009
What is occurring is an epochal loss in the relative wealth and economic power of the old G10 bloc of rich countries compared to rising regions of the world ... Now look at the cost of prosperity: rampant greed, slave labor camps, unsettling migration of hordes of overpopulated areas into wealthy areas, food shortages, lack of moral direction, no sense of direction, family breakups, 45 million US abortions, hundreds of millions of Chinese abortions ... 1775 "Sell not virtue to purchase wealth,... (The Drudge Report)
Short Memories, Even Shorter Political Expectations Sep 25, 2009
The newspapers were awash with political cartoons and revelations of wealth accumulation and excesses. We rejoiced in Nkrumahs overthrow and this was for a great majority of Ghanaians. (Ghana Web, Ghana)
Leading the way Sep 23, 2009
But if such changes prove challenging for the world's wealthiest countries, imagine the difficulty they pose for economies still reaching maturity ... Can greenhouse gas emissions be cut significantly without affecting wealth and growth ... To suggest that the thousands of climate scientists from around the world behind the IPCC reports are colluding in their own interests is way beyond conspiracy theory and is even a little 'Waco', given the wealth of scientific evidence. (BBC News -- Americas)
Business Banker - Rockledge, FL - Barnes Blvd. Sep 21, 2009
Wealth accumulation benefits that include. o A company funded Retirement Account. (Florida Today)
Dan Browns worst sentences (or at least twenty of them) Sep 19, 2009
" She fingered a thumb over to Brecks Bar. Darian T. Wright on September 17, 2009 at 11:13 PM @emily He used "Teabing" because it's an anagram of "Baigent". Baigent being one of the authors of 'The Holy Blood, the Holy Grail', which Brown purloined the entire conspiracy theory behind the Da Vinci code from. Loads of people recommended The Da Vinci Code to me. I read it with no preconceptions about it, and was staggered at how mind-bogglingly awful it was. And I'm not elitist about this sort of... (Harper's Magazine)
Nigeria: Enduring Lessons of Ramadan [editorial] Sep 18, 2009
At the root of political fraud and pervasive corruption in the country is the senseless crave for materialism, whereby a privileged few monopolises the wealth of the nation ... If this spiritual core of man is recognised, it could lead to a positive change in our perspective on life: there would be no room for senseless materialism, greed and primitive accumulation of wealth ... Thus, after feeling the pangs of hunger and thirst, the wealthy should become more empathetic to the plight of... (allAfrica.com)
Foreclosures hit new record in metro Atlanta Sep 17, 2009
It makes wealth building that much easier ... Most that are comfortably wealthy are Republicans which is becoming a smaller percentate of the coutry and the rich are getting richer and the poor get poorer ... The voices with the biggest complaint ARE wealthy republicans who raped Capitalism to it s very core over the last decade and created this black hole economy that has sucked the life out of everything. (Atlanta Journal-Constitution -- Business)
Lincoln Financial Distributors Names John C. Kennedy Head of Retirement Solutions Distribution Sep 16, 2009
"We see a tremendous opportunity to build on our strong industry position in these core businesses as well as capitalize on our substantial relationships with financial advisors and partner firms. John brings a wealth of industry experience and a successful track record of enhancing the client experience and driving growth, which are both crucial to our success.". Prior to joining Lincoln Financial, Kennedy was National Sales Manager for MetLife Investors. (PR Newswire)
Marlin Joseph Grasser Sep 11, 2009
He lived life on his own terms free from the increasingly regulated lives we have today and by example taught others that real wealth lay not in the accumulation of material things, but in the enduring relationships we forge with our families and friends. He is survived by his wife, Kathryn Grasser, his son and daughter-in-law Edward and Susan Grasser, his daughters and sons-in-law, Peggy and Patrick Mulligan, Jeanne Grasser and Pete Wansor. (Wasilla Frontiersman, AK)
Area schools take different actions on president's speech Sep 11, 2009
"hahahahahaha! Keep talking. That is hilarious!!! I read something one time, someplace, that I think had been researched somehow, that maybe the moon might be made out of cheese. I think there are some very rich people in this country who have bamboozled a lot of naive people, into believing the lies, that make the rich, richer. Anything cuts into the wealth, and the rich man's media machine, FOX news, Hanity, Rush, kicks into high gear. " ... mossomo wrote on Sep 9, 2009 9:02 PM:" Badgerbacker:... (Chippewa Falls Chippewa Herald, WI)
Yuan spenders eclipse Arabs, Russians in UK Sep 6, 2009
On Bond Street, famous for its designer boutiques and jewellers such as De Beers and Graff, figures from firms that arrange sales tax refunds for tourists suggest Chinese shoppers are overtaking big spenders from the Gulf states, Russia, the US and wealthy Nigerians ... "Income growth - particularly the top end, also driven by wealth accumulation - remains robust in China," said Linda Yueh, a fellow in economics at Oxford University ... "Thus, wealthy Chinese may find that the weak pound makes... (Business Report, South Africa)
* PRC tourists: Londons newest big spenders Sep 4, 2009
On Bond Street, famous for its designer boutiques and jewelers such as De Beers and Graff, figures from firms that arrange sales tax refunds for tourists suggest Chinese shoppers are now overtaking big spenders from the Gulf states, Russia, the US and wealthy Nigerians ... Income growth X particularly the top end, also driven by wealth accumulation X remains robust in China, said Linda Yueh, a fellow in economics at Oxford University ... Thus, wealthy Chinese may find that the weak pound... (Taipei Times, Taiwan -- Business)
W.H., Congress Project Record Deficits Aug 26, 2009
But Obama is likely to face those choices once the economy shows signs of a steady recovery, and it could test his vow to only raise taxes on the wealthy ... You could take every dime of every wealthy person in the nation ... "by Mortarman29 August 25, 2009 3:59 PM EDT You could take every dime of every wealthy person in the nation...every dime...and it wouldnt make a dent in the deficit. The rich dont have the money...it is the middle class that has all of the money! ". (CBS News)
65% Of Youth Are Sexually Active Aug 24, 2009
Archbishop Naameh equally urged the knights and ladies of KSJI to enter the business world and to bring gospel values to bear on the natural instinct of greed, excessive accumulation of wealth and the adoration and cult of wealth so much even propagated men of honour today, saying, in our social and economic responsibility, Pope Benedict XVI draws the attention of the responsibility of the rich towards the poor in his latest encyclical, Caritas in Veritate. . (Ghana Web, Ghana)
Common Sense Aug 22, 2009
If only we had Jay there to track his great grandfather's accumulation of wealth ... Where a Rockefeller can cast aspersions on an industry's wealth and clueless congressmen can deflect their own ineptitude by going after that wealth. (Fox News)
Highest Ever Winter Water Temperatures Recorded Off Tasmania Aug 21, 2009
Remote sensing specialists at CSIRO's Wealth from Oceans Flagship have been observing the current in recent days using satellite data, and ocean measurements made near Maria Island on Tasmania s east coast. CSIRO oceanographers Katy Hill, David Griffin and George Cresswell study ocean behaviour in the Australian region. (Science Daily)
Gibbs: No "Postal Service" for Health Care Aug 17, 2009
" Not true. Their books are open so they are unable to raise prices at will, but must prove rate increases are necessary. If you'd like to check out people who 'raise prices at will', check out the private health insurance corporations in America, who since 2000 have increased their profits by 438%. Have postal rates gone up by 438% since 2000? Damn socialism! _______ Psssst, Ubrew, insurance companies have to apply to the state commissioner of insurance for rate changes...pssssst...don't let... (CBS News)
* Standard Chartered targets affluent in Taiwan, China, HK Aug 15, 2009
Foo said the regions wealth accumulation had a greater potential than countries in Europe or the US. ... Asia (excluding Japan) topped other emerging markets, with an annualized 16 percent growth in wealth between 2003 and last year, compared with Latin Americas 14 percent and North Americans 6 percent, and is expected to see another combined annualized growth of 12 percent between last year and 2012 X the worlds highest, she said. (Taipei Times, Taiwan -- World Business)
United States can be a better nation Aug 14, 2009
My sorrow is that the followers of Jesus have not in my own lifetime offered an alternative to the tyranny of America s thirst for power and wealth ... The establishment of our military power was accompanied by the accumulation of wealth beyond imagination ... American wealth came from exploitation of the world s resources. (Wasilla Frontiersman, AK)
Govt looks to replace four decade old tax law Aug 13, 2009
The tax code makes radical changes in all areas of taxation: it lowers the incidence of tax on corporate and individual incomes but reintroduces wealth tax and capital gains tax, albeit at lower levels. It also proposes to bring a uniform pattern of taxation on all long-term savings in the form of EETexempt at the stage of contribution, exempt during accumulation and taxed during withdrawal. (India Times)
Generation "Y invest?" Aug 12, 2009
Social researcher Mark McCrindle from McCrindle Research has spent several years researching and reporting on our social demographics and has a lot to say about how each of these generations have made their wealth, and what this might mean for the younger generation ... The Boomers (born between 1946 and 64) make up 25% of the population but own more than 50% of the private wealth, mainly through their investments in an era of rising property prices, McCrindle says ... However, some issues like... (Sydney Morning Herald -- Business)
A world of difference Aug 10, 2009
He established his firm in 2004 and specialises in superannuation and wealth management for clients over 50 years of age. With offices in Sydney and Melbourne, the team manages about $250 million worth of assets. (Sydney Morning Herald -- Business)
A Dawn Of Police-cum-Military Dictatorship? Aug 10, 2009
For example, the driven egos of most men to satisfy inordinate desires of their demanding loved wives and/or girlfriends, not forgetting the unnecessary display of wealth by the affluent and rich, are said to be the prompts of the poor to be jealous and to embark on dreadful venture that often lead to untimely deaths or arrests. As the Socialist UK forcefully argues, poverty and unemployment tear peoples lives apart, wrecking their personal relationships and deepening peoples sense of... (Ghana Web, Ghana)
Colombian Businessman Guilty In Pyramid Scandal Aug 6, 2009
David Murcia Guzman was convicted of money laundering and illegal wealth accumulation through the company he founded, DMG Group Holdings SA.. DMG promised interest of well over 100 percent a year through a system of prepaid cards that could be used to buy merchandise. (CBS News -- World)
Nurture child's future through MF investment Aug 6, 2009
They rightly believe education will be a costly affair, especially if the kid wants to study abroad, says a wealth manager, who doesnt want to be named ... Though many people opt for insurance products, there are several others who go for mutual funds, says Hemant Rustagi, CEO, Wiseinvest Advisors, a wealth management firm ... Since many of these young parents dont have the experience of investing in stocks, they can go for index schemes with low tracking error (the difference... (India Times, India -- Intl Business)
The threat of a return to thrift Aug 4, 2009
Why not consume more than you earn if you can borrow cheaply using your constantly rising wealth as the asset to borrow against. When Volker walked into the Fed 30 years ago, the US national savings rate had been relatively static for decades at around 20 per cent of GDP and total US debt to GDP was about 160 per cent. Household debt was 47 per cent of national income. (FT.com -- Markets)
State dental group recognizes Durden Aug 2, 2009
Individuals who earn a ChFC can provide advice on a broad range of financial topics including financial planning; wealth accumulation and estate planning; income taxation; life and health insurance; business taxation and planning; investments; and retirement planning. Dunston, Lowe join Angelo s restaurant. (Athens Banner-Herald)
Hard work versus risk Jul 31, 2009
Firstly dingo guy, basically the easiest way is unfortunately to measue success by wealth or power ... It seems that you only measure the "success" of a person by their accumulation of wealth. (Sydney Morning Herald -- Business)
Sun Life repositions for long-term growth and expansion in China Jul 30, 2009
Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers ... Sun Life Everbright offers protection and wealth products in China to an expanding middle class looking to achieve financial security for their families. (PR Newswire)
Bradley Butterfield: Letter writer was wrong about Bill Gates Jul 27, 2009
Ryan Handly thinks Bill Gates got rich without government help and believes progressive taxes are an unfair redistribution of wealth, as if the capitalist mode of wealth accumulation comes straight from nature which we should never tamper with and has nothing to do with the type of laws we enforce (Your Views, Wednesday Tribune) ... He capitalized on the brilliance and labor of others (buying MS-DOS for a song), broke existing laws to form a monopoly, then used his wealth to keep himself out of... (La Crosse Tribune, WI)
Africa: Why I Love South Africa [column] Jul 27, 2009
But putting all this into context, one can't help but remember that South Africa is the wealthiest nation on the continent by far, thanks to a history of exploitation of the indigenous populations to uplift a Caucasian ruling minority. On my previous outing to South Africa, I visited the Apartheid museum in Johannesburg and though I did not complete the tour, even after two hours of walking, it was clear that Apartheid was not an end in itself but a development model, that collapsed because of... (allAfrica.com)
Africa: Deconstructing Obama's Speech in Ghana Jul 26, 2009
The president of America suffers from historical amnesia in the colossal wealth that has been extracted from Africa (leaving aside the millions of African slaves from whom his wife Michelle is descended). This wealth accumulation has not only continued in the post-independence phase, that is, the era of his father, but Africa's 'prosperity' continues to expand America in an unequal relationship that is symptomatic of a global economic system currently in crisis. (allAfrica.com)
Lunch and merger goes cold for two top media buyers Jul 23, 2009
After years of meeting at the tennis tournament to discuss, among other things, ground strokes, the weather, wealth accumulation - but definitely not a merger - two titans of the advertising world, Harold Mitchell and Sir Martin Sorrell, appear to have fallen out of love. For now at least. (Sydney Morning Herald -- Business)
Climate cools “ Economy crumbles Jul 21, 2009
Joe wrote on Jul 19, 2009 6:04 PM:" I'm just wondering what is it about Republicans thinking tax cuts are always the answer. Tax cuts under W. gave us record debt, saw the wealthy's wealth soar while the rest of us saw our incomes drop.I'm sorry Just Wondering, but I don't see the problem with giving people a public option. If you think your insurance is so great, God bless. Most Americans can see the system is broken; they want it fixed.I'm also so sick of hearing the government can't do this... (Cameron Observer, MO)
Reading “Caritas in Veritate”: Notes on Chapter One Jul 20, 2009
Enclosed within history, it runs the risk of being reduced to the mere accumulation of wealth; humanity thus loses the courage to be at the service of higher goods, at the service of the great and disinterested initiatives called forth by universal charity. Man does not develop through his own powers, nor can development simply be handed to him. (The American Conservative)
Zimbabwe: Mugabe, Ministers Fight in Mawere Saga Jul 18, 2009
The veiled interface between corporate moguls and politicians is partly at the heart of the country's poisoned political environment and the ongoing scramble for wealth and power. The current clash is dominated by heated exchanges between Gono and Gwaradzimba. (allAfrica.com)
India Should Combine Tough Climate Stand With Green Policy Jul 15, 2009
This approach, combined with property rights for people who depend on common resources, would create new wealth within these communities. Other countries have already demonstrated that pollution does not have to be an inevitable accompaniment to industrialization. (YaleGlobal Online Magazine, CT)
Lawyer, facing possible 145 years in jail, blames envy for huge fraud Jul 9, 2009
NEW YORK: A prominent lawyer who prosecutors say should spend 145 years behind bars for a giant fraud says envy of more successful colleagues and clients fueled a mid-life ambitious crusade to build prestige and wealth by stealing hundreds of millions of dollars. "I lost my perspective and my moral grounding, and, really, in a sense, I just lost my mind," 59-year-old Marc Dreier told U.S. District Judge Jed Rakoff in an unusually blunt letter made public Wednesday. (The Star Online, Malaysia)
God and the Recession Jul 9, 2009
Prosperity's slap-happy belief system evolved from a spiritual imperative to accumulate wealth found in the end-times view known as postmillennialism. It holds that God promises 1,000 years of Christian dominion will precede his return; thus, wealth accumulation is a tool of evangelism, and a materialism arms race is the harbinger of Armageddon (a good thing in the Christian view) ... Ever notice that the people who preach the prosperity gospel are always wealthier than the people they are... (Slate)
Canada's Next Generation of Recreational Property Owners Jul 7, 2009
"Demand for second homes/vacation homes could slow over the coming decade as the large baby boom generation moves past its peak cottage buying years, and wealth gains fail to replicate the outsized increases of the past decade," says report author Adrienne Warren ... "Notwithstanding the potential for a cyclical slowdown in home sales and price appreciation over the next few years, the longer-term trend toward real estate investing will likely remain an important component of household wealth... (RealtyTimes)
SA must raise its savings rate to foster economic growth Jul 7, 2009
They constrain individuals' ability to put down deposits for large assets like houses, affecting wealth accumulation. Likewise, low levels of individual saving add to the burden on the government to provide retirement assistance. (Business Report, South Africa)
Business and water should we be concerned? Jul 2, 2009
Business and water should we be concerned (The Star Online, Malaysia -- Business)
Lessons from the revolution Jul 1, 2009
Imperialism, next, added both to the wealth of the country and to its urbanization (which increased returns to agriculture, thus further increasing rural wage levels) ... A world in which trade becomes bureaucratized and atomized lessens the possibilities of new wealth generation both directly through placing barriers to economic system optimization and indirectly through lessening the accumulation of capital ... No society where unskilled labor is in excess supply has ever been able to use that... (Asia Times Online)
Fed Stays On Track As Durables Offset Weak Home Sales Jun 26, 2009
Policymakers warned that "economic activity is likely to remain weak for a time" amid mounting job losses, lower housing wealth, tight credit and declining business investment. The Fed said inflation will remain "subdued for some time" despite a recent rise in commodity prices. (Investors Business Daily)
Why Should So Many Americans Feel Threatened by Business? Jun 25, 2009
In most quarters of our society theres no shame in possessing money (or the flashy signifiers of wealth and comfort) but there is an odd unease over admitting the means by which those resources were acquired ... For most Americans this antagonism begins in childhood, with school curricula that downplays the prominent participation of corporations, free enterprise and the accumulation of wealth in the development of the United States ... Washington, meanwhile, became one of the richest... (Townhall.com)
The Compensation Hustle Jun 20, 2009
It has fluctuated between 30 percent and 35 percent under the past two presidents, while capital gains and other wealth taxes have steadily declined ... The only way a person can make more, is if he inherited his family's business or wealth passed down to him from generations back ... Through proper regulations, a tax that checks un-bridled looting by the rich, and tarrifs that protects our economy from Wall Street/City of London financial parasites, we would have a vibrant and prosperous... (CBS News)
Why Feel Embarrassed By The World of Business? (Part I) Jun 19, 2009
In most quarters of our society theres no shame in possessing money (or the flashy signifiers of wealth and comfort) but there is an odd unease over admitting the means by which those resources were acquired. Most success stems from the simple of expedient of selling a product or service for more than it cost to provide it, just as the steady accumulation of wealth requires nothing more than regularly spending less than you earn ... In the Student Companion to Arthur Miller, one Susan... (Townhall.com)
Long term planning yields better returns Jun 16, 2009
Here are some factors you need to keep in mind before you set out for your wealth creation exercise. Smart Living. (India Times)
IAN VERRENDER Jun 16, 2009
Almost any sin can be forgiven with the accumulation of enough wealth and the kudos it brings; the perception of whether or not you are a winner ... Not at Commonwealth Bank of Australia's headquarters. (Sydney Morning Herald -- Business)
Isolation, identification and expression analysis of salt-induced genes in Suaeda maritima, a natural halophyte using PCR-based suppression subtractive hybridization Jun 5, 2009
Despite wealth of information generated on salt tolerance mechanism, its basics still remain elusive. Thus, there is a need of continued effort to understand the salt tolerance mechanism using suitable biotechnological techniques and test plants (species) to enable development of salt tolerant cultivars of interest. (BioMed Central)
Bankers perpetuate crisis Jun 5, 2009
Zero interest rates and unlimited liquidity without limit will only provide fuel for even more speculation, cause a huge transfer of wealth to borrowers and speculators, require formidable taxation, and distort completely the price and allocation mechanism in market-based economies. The real economic rate of growth will be depressed in line with prevailing negative real interest rates. (Asia Times Online)
It's plain sailing if you know how Jun 1, 2009
Financial planner Paul Hudson says many people who set up a margin lending facility as part of their wealth accumulation strategy underestimate the amount of work they have to do to make sure their strategy works efficiently. Hudson, who is a principal of Hudson Gore Financial Planning in Sydney, says investors are attracted to the potential margin lending offers for leveraging asset growth and generating tax deductions but they neglect some basic housekeeping that will ensure their gearing... (Sydney Morning Herald -- Business)
Mozambique: Researchers Ponder Value of Cash Transfers May 20, 2009
"They can never overcome their vulnerability," said Matine at a seminar on poverty dynamics and patterns of wealth accumulation, organised by the Institute for Social and Economic Studies in April in Maputo ... "But the issue of cash transfers needs to be debated. Accumulation of wealth and inequality keep reproducing poverty in Mozambique.". (allAfrica.com)
Stonehill college grads told set aside your fears May 19, 2009
That you will be architects and leaders in a world that will not see accumulation of wealth and consumption as the only good, he said, but rather will seek to build a world where the goods of the earth are shared in such a way that no woman, man or child will not have their basic needs met. Loading commenting interface. (Easton Journal, MA)
Remaining to Join Dick Morris and Chris Ruddy on This $1 Million Venture! May 19, 2009
You Can Join Me in Turning the Tables on Washington and Wall Street and Once Again Unlock Immense Prosperity as You Grow Your Wealth ... I m Pledging $1 Million of My Own Money to Rescue Your Wealth ... To Share My Blueprint for Wealth, You Must Enroll Before May 20th at 11:59 PM. (Newsmax)
Nigeria: Anti-Crimes Body Places Bank Accounts Under Watch May 18, 2009
The firm also recommended the establishment of an assets review unit and a new salary structure for employees of the commission," she said. According to her, the recommendations for a new salary structure had been forwarded to the Salaries, Wages and Incomes Commission as part of the new condition of service for EFCC workers. Taking a swipe at corrupt members of the elite group in the Nigerian society, Waziri said they loot the treasury and break the laws of the land with impunity. She said many... (allAfrica.com)
Tunisia: Study - Ibn Khaldun, Father of Economics May 17, 2009
Even though the value of objects includes the cost of other inputs of raw material and natural resources, it is through labor and its efforts that value increases and wealth expands, according to Ibn Khaldun. With less human effort, a reversal to an opposite direction may occur. (allAfrica.com)
China economy toward a sustainable, healthy development May 16, 2009
Besides, the existing national income distribution pattern should be modified to raise the ratio of people's consumption to the GDP. The fast-paced economic growth of the past three decades has boosted China's wealth accumulation. But the growth in people's wealth has been far behind the nation's level ... An imbalance in wealth distribution has been a key factor for the rising economic structural imbalance and soft demand. (Xinhuanet, China)
The simple life May 12, 2009
If I were a contemporary of the Spartans, I would have admired the Cynics, those austere philosophers of ancient times who believed happiness consisted of meeting basic needs and renouncing the accumulation of wealth. Although I was already leading a modest lifestyle, last summer I became involuntarily dispossessed of much of my stuff after it got damaged by soot from a fire. (Globe and Mail -- Business)
