California Land of Milk and Honey - No more....

California is experiencing an increase in people standing in line for meals and hampers.  The land of opportunity has lost its charm.  The rise of middle class poor is alarming also due to the states retrenchment of workers.  Sad, sad, sad. 

Read the full article here: California Failed State - Full story..

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South Korean's spending exceeds American's

South Koreans spending pattern between now and December will exceed US expenditure.  This is according to a new study done by the South Korean government.  They are worried that the spending culture will affect the economy within the next 10 years as consumer saving is said to drop from 30% to a staggering 3.2%. 

The malls have exceeded expectation recently and big brands are planning to either expand their current stores or open up new ones to cater for this mad rush.

What the South Koreans dont know is that when they buy American brands the money comes back to America:)  So even though they spending more, doesnt mean they make more...

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Obama wins the Noble Peace prize, seriously??

Barack Obama wins the Nobel Peace Prize. Are they serious??? How can they give the prize for doing nothing. The prestigious prize is given to the likes of Nelson Mandela, Archbishop Desmond Tutu etc. This is an insult to the work they have accomplished with humanitarian efforts. The credibility of the Nobel organisation will be seriously compromised!! Thats my 2 cents worth.

 
Image Credit: Fox News