Credit: dan taylor
‘No State shall …..coin money’, says Section 10 of Article 1 of the US Constitution, banning in a simple statement the production of private coinages and ensuring that the existing coins signify true value, perhaps leaving printed notes to signify something more ephemeral.
In many countries local currencies have been accepted practice at times when communities have striven to bolster local trade....
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Click here to read the previous part – The new circus called Media
Where did it all start? Every one has been for the self regulation of the fourth pillar of Demo-crazy. We saw a small glimpse of this self regulation when India’s 9/11 happen in Mumbai. We saw how the self regulated media fought for their TRP’s at the cost of everything else.
And the excuse they gave at the end of the day?...
The news about Cochin to have the first Islamic bank in India has scared the RSS folks. They have come up with some comments against the initiative. The major argument against it is that it follows Islamic banking laws.
This is what happens when organizations have vested interests and leaders seek media attention for anything and everything. Before coming up with a protest, RSS leaders should have researched what Islamic banking...
In the day today life we can see people come into with big idealistic visions that will create a better world or that creates a better firm. They enjoy the goal but not the process. That’s the reason why most of them fail. The reality is that if you need true improvements you need to start achieving from very little things.
In many countries economical advancement has limitations in enhancement mainly because of this reason....
In India gambling is supposed to be illegal. If I am right no casinos are allowed in India. Though there are quite a lot of illegal “gambling institutions” out there who manage to keep things going by paying off the right guys…Recently, when the IPL was in progress, one of the ministers objected to the way BCCI had put up its SMS campaign. This set me to think a little bit for myself…and this is what I came...
GM made it to the headlines by announcing that bankruptcy is the ONLY way forward for them with the UAW and creditors equally weary of the terms and conditions post the re-organization while Chrysler has been aggressively trying to fend it off. Earlier, when the banking crisis was setting in, Lehmann Brothers had gone the bankruptcy way or more appropriately filed for Chapter 11. This is considered the BIGGEST bankruptcy...
