Friday, January 25, 2008

World's Economic - Foolish or hardworking

Hi, it's once again. The famous author of this blog. James Boob Bob. Ok fair enough, in fact, there's only one author over here. haha


Talk about sports news.

Newcastle appointed Kevin Keegan as their head coach and manager to try to rescue Newcastle poor run of results. Take a look at the pic below.



I actually don't mind to be Kevin Keegan considering that there's such a pretty fan supporting me my club.
Haha.. Another sports news. In tennis, Australian Open was. Unseeded Tsongo beat Nadal 6-2, 6-3, 6-2. Tsongo was impressive when i was watching the match via sopcast internet TV, he gave Nadal no chance to fight back with his wonderful play and serve.
That's it for sports news.

Talk about the world economic condition of recent weeks.

Recently, there are talks of potential recession throughout the world. Thanks to US and her president who raised the tax rates a couple of weeks ago.
And recently, the Fed Reserve released an economic stiumlus deal that helps to cut down the pitfall of economic recession.
Question popped out from my mind. He raised the tax in a manner he wanted. That, as a result, causing worries over the world and poor stock market performances in its initial stage. Then Citi Group retrenched thousands of their staffs because of the Bush's decisions.

What Bush did practically seemed to be like a twist of fingers and without any effort, he caused so much worry throughout the whole world.

Now, to 'rescue' his folly, he planned and released a $150 BILLION of relief package. When i was reading the news, i was so fascinated. In order to rescue his decision, US had to spend an astonishing $150 billion!!

I can't believe that his decision cost so much money! If he used these funds to develop and better the life of the ppl in the Middle East, I think ppl will turn to work instead of terrorism to better their life! In this way, he can also cut down the terrorist acts at the same time!

And the ppl working in the Fed Reserve thinks that they are the "god" who thought they rescue the world where in my opinion, i think they were manipulated by that Bush.
I really can't understand why the US ppl voted for him on majority for him to resume his presidential seat for the last President Election.

Anyway, i'm just pissed of how the money is spent. I hope that there will be a good US president who thinks logically.