GE and GM lead US to deflation driven depression – massive nationalization expected as US turns into a socialist country
Rohit Numya
Jan. 23, 2009

General Electric Co.’s profit fell for a fourth straight quarter as the global credit crisis ate into income at the company’s finance segment. It is following the footsteps of GM with its finance unit creating havoc for the company.

Massive nationalization banks, manufacturing industries, and other large corporations wait as US is forced to adopt socialistic form of economy.

The so-called greed driven ‘for the rich, of the rich and by the rich’ capitalism of George Bush and co. has failed. America’s only viable choice 0without making it unnecessarily broke) is to nationalize major banks and industries without further delay.

GE and GM lead US to deflation driven depression – massive nationalization expected as US turns into a socialist country
Rohit Numya
General Electric Co.’s profit fell for a fourth straight quarter as the global credit crisis ate...
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China is manipulating its currency: Obama Administration takes the hard-line
Carol Gibson
Finally the free lunch for China is over. Currency manipulation has to come to an end.
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Satyam caught with fake educational and employment certificates for US visa fraud – shame on US politicians that support H1b and illegal immigration
Harish Baliga
Indian body shopping outfits – the so-called Indian IT companies engaged in cyber-slave
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They are in India. They are abroad. They make millions of Rupees in salary and benefits.
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Finally the scam artists of India Inc. are getting behind the bars.
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Sun Microsystems to lay off 1300 Indians, other software companies panning massive job reduction – no new hiring in 2009-10
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International software and hardware companies operating in India will lay...
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Indian IT employees start committing suicide, KPMG portrays gloom on India Inc.’s capabilities on handling terrorism
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KPMG is bearish on India Inc. According to a survey by the global consultancy firm...
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True character of India Inc. is getting exposed as Satyam, the body-shopping outfit confesses years of fraud
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It is not just Satyam. It is not just another cyber slave trading body-shopping outfit of...
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