Paragraphs to Ponder

From Walter E. Williams:

I believe that a person who is 65 years old and has been forced into Social Security is owed something. But the question is, Who owes it to him? Congress has spent every penny of his Social Security “contribution.” Young workers have no obligation to be fleeced in order to . . . → Read More: A Social Security Fix

Amine Bouchentouf: Offshore Oil Key to Future Supplies

Despite the risks and unfavorable public opinion associated with offshore drilling, the truth remains that the keys to unlock the planet’s vast remaining oil resources lie beneath ocean floors, in places like the Gulf of Mexico, Brazil and even the Arctic. In this exclusive interview with The Energy Report, noted commodities expert Amine . . . → Read More: Amine Bouchentouf: Offshore Oil Key to Future Supplies

Should government put fresh equity capital into State Bank of India?

The discussion about State Bank of India (SBI) has treated one proposition as a given: that it is the job of the Ministry of Finance to continually inject capital into SBI so as to enable the growth of the SBI balance sheet; that SBI has a legitimate claim upon fiscal resources at all times.

. . . → Read More: Should government put fresh equity capital into State Bank of India?

Economic Events on October 7, 2011

The Monster Employment Index for September was released today, and the index moved up 1 point from last month to a value of 148, which is 7% higher than last September’s value.

At 8:30 AM EDT, the Employment Situation report for September will be announced, and the consensus for non-farm payrolls is an increase . . . → Read More: Economic Events on October 7, 2011