HARDBALL


Five Malaysian Surgeons are discussing on who makes the best patients to operate on.


The first, a
Penang surgeon says, “I like to see accountants on my operating table, because when you open them up everything inside is numbered.”

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MUST-BUY/READ BOOKS

March

1. Dr. T.D Singh


God is A Person – Reflections of Two Nobel Laureates, Charles H . Townes & William D. Phillips

(FF: When my daughter came back from her Odissi dance tour in India, she gave me this book for my 60th birthday. What a thoughtful gift! The majority of the public have a warped sense that scientists are generally anti-religion. It is heartening to read that two Nobel Laureates have put to rest this ridiculous notion. Charles Townes is the inventor of maser and laser and in 2005 won the Templeton Prize and has devoted a large part of his life to promote the convergence of science and religion. Prof William Phillips pioneered laser cooling of atoms and paved the way for scientists to create Bose-Einstein condensation and the atomic clocks, without which Global Positioning System (GPS) would not be possible.

Charles Townes has this to say about God: “God is very personal. He has very personal interactions with us. I think there is continuous interaction between God and this universe, especially with us personally. That is very important to our lives… I believe that and I feel it.”

Prof. William Phillips shares similar sentiments – “I think God wants from us is to have a personal relationship with Him and to have good personal relationships with each other. That is why we are here. The relationship God wants us to have with him is a kind of model… It models for us the kinds of relationships we ought to have with each other.

When I read these words, I was more than inspired. There are so many incredible insights by these two scientific giants in this remarkable book. If only the so-called experts in religion have the humility and understanding of God as shown by the Nobel Laureates, the world would be more peaceful and harmonious. Champions of various faiths, instead of cultivating empathy and understanding, have been sowing discords and hate. It behoves these extremists to read this book so that they may be true to God.

I have read this book three times and I cannot wait for another moment of free time to read it once more. It has given me a new perspective as to how we should conduct ourselves in relation to God and to our neighbours. Get this book now. Contact Bhaktivedanta Institute, Kolkata – Tel/Fax 91-33-2500-9018: 2500-6091

January / February

1. Federick J. Sheehan


Panderer To Power

(FF: In 2007/2008, the Global Financial Tsunami almost collapsed the global financial system. We have yet to recover from that turmoil. The 2nd wave of financial destruction is about to begin. While many writers have pin-pointed the key global banks as the culprits, headed by Goldman Sachs, few have dared identify specific individuals responsible for the financial fiasco. Mr. Sheehan’s immaculate research have established an iron-clad case that Alan Greenspan was one of the key players that nurtured and promoted the various scams that have destroyed the livelihood of millions across the globe.

The mass media promoted Alan Greenspan as a financial genius, but this remarkable book tells a different story. In simple language, Alan Greenspan has been exposed as a scam artist, manipulator, charlatan and as the title of the book suggest, a panderer to power. Bernanke is following Alan Greenspan’s footsteps and we hope that Mr Sheehan will also expose this latter day panderer to power. This is a must read, and will be a classic.

Please read also Greenspan Bubbles which the above author co-wrote with William A. Fleckenstein which was reviewed in 2008. See archives.


2. Jocelyn Hurndall

Defy The Stars

(FF: Having just got back from Gaza and experienced first hand the devastation and cruelty suffered by the Palestinians at the hands of Israel’s war criminals, reading the story of a 21-year old student shot in the head by an Israeli sniper while trying to help a Palestinian child and died nine months later, aroused extreme anger in me. Tom Hurndall was unarmed, yet he was gunned down mercilessly.

The war criminals denied the crime, but the persistent efforts for justice by Tom’s Mother, the author, ensured that Tom did not die in vain. Finally, Israel admitted its culpability. This is a story of the courage of a young man making the ultimate sacrifice, a family’s determination to see that justice is done and the brutality of the Israeli regime. A story told with dignity and compassion. It is also a story about the Palestinians in Gaza, of all the mothers who have lost their sons in sixty years of occupation. Be prepared to stay up all night when you pick up this book.

 

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"One who breaks an unjust law must do so openly, lovingly, and with a willingness to accept the penalty. I submit that an individual who breaks a law that conscience tells him is unjust and who willingly accepts the penalty of imprisonment in order to arouse the conscience of the community over its injustice, is in reality expressing the highest respect for law."

- Martin Luther King

 

 

Conspiracy Theory or Reality?

 

"Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it."

- President Woodrow Wilson, 28th President of the United States

 

 

MUST-READ ARTICLES

 

Views, Without Fear or Favour

 

 

 

Malaysia Updates

 

Goldman Rules / Obama Obeys - By Allen L Roland (19/3/10) PDF Print E-mail
Allen L Roland   
Friday, 19 March 2010 09:27

OpEdNews

Goldman Sachs rules Wall Street, its alumni permeate the Obama administration, its derivative liability equals over 33% of its assets and Obama continues to subsidize it with zero interest fed loans with no real reform in sight: Allen L Roland

The latest data on derivatives is truly impressive ~
JP Morgan Chase, for example, held derivatives worth 6,072 percent of its assets at the peak of the bubble in 2007. The other two giants, Citigroup and Bank of America, although still far behind Chase, had 2,022 percent and 2,486 percent respectively. Goldman Sachs, the other giant, had an astonishing amount of derivatives on its balance sheets: 25,284 percent of assets in 2008 and 33,823 percent as of June 2009. Citigroup and BOA now have more of this risk on their books than before the crisis (FDIC SDI database).


"This simply adds to the point that despite all the histrionics and efforts in Washington, nothing has been learned and the American Banking system is now at least at as much risk now as in 2007, pre crash." http://thebankwatch.com/2010/03/11/goldman-sachs-derivative-liability-33823-of-assets/

Obviously, Goldman Sachs still rules Wall Street with what Michael Lewis calls 'An elegant form of theft' while being subsidized by the Fed with zero percent interest loans despite the fact that Wall Street is still sitting on over 1.5 trillion dollars in junk sub prime loans. Goldman was also the number one financial contributor to the Obama presidential run and his administration is stocked with Goldman alumni ~ so when Goldman speaks, Obama indeed listens and obeys. But we are talking about potential criminal violationsregarding Goldman which cannot be ignored or swept under the rug. Senator Ted Kaufman appears to be hot on the trail of Goldman and rightfully says that Fraud is still at the heart of Wall Street.

Baseline Scenario's Simon Johnson sees Sen. Ted Kaufman pursuit of criminal violations more promising than Dodd bill: "...he actually lays out the parameters of what should be, if our legal institutions still functioned, a compelling case against Goldman ... This sounds like a potential violation of Rule 10b-5 - you are simply not allowed to sell securities in the United States while withholding material adverse information ... [Kaufman] he is a member of the Senate Judiciary Committee and we are discussing here potential crimes..." http://baselinescenario.com/2010/03/15/senator-kaufman-fraud-still-at-the-heart-of-wall-street/

If you didn't watch the Steve Croft 60 minutes interview of Michael Lewis, author of the Big Short, on Sunday night ~ here it is. Lewis explains how the big banks rule the rating agencies and how Goldmanis the biggestruler of them all ~bullying AIG to insure billions of dollars of worthless sub prime mortgages which they obviously knew were junk and then cashing in when they collapsed in 2007 and then collecting again when AIG repaid them again with billions of TARP bailout money.

It's a big casino game, and it's rigged, folks and we're not in it ~ but we are most certainly paying for this continuing financial time bomb with no real reform in sight.



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