Author: Biz India

Red and Blue and Broke All Over: The Simple case for Gold

Red and Blue and Broke All Over: The Simple case for Gold

Posted by | Sep 24, 2012 | ,

By Martin Weiss  – Weiss Research If you haven’t met my good friend Charles Goyette, now’s the time to do so. He’s the author of the New York Times bestselling book, The Dollar Meltdown and the recent blockbuster release, Red and Blue and Broke All Over. He’s frequently been on Fox News, CNN, MSNBC, PBS, CNBC and the Fox Business Channel — on shows with Bill O’Reilly, John Stossel, Judge Napolitano, Bill Moyers, Lou Dobbs and others. Lew Rockwell, the chairman of the prestigious Ludwig von Mises Institute, says “Charles Goyette has been a rare beacon of freedom and...

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Book Review: Heart, Smarts, Guts and Luck: What It Takes To Be an Entrepreneur and Build a Great Business

Book Review: Heart, Smarts, Guts and Luck: What It Takes To Be an Entrepreneur and Build a Great Business

Posted by | Sep 23, 2012 |

Author: Anthony K. Tjan, Richard J. Harrington, and Tsun-Yan Hsieh Publisher: Harvard Business Review Press Book Review by: Sonu Chandiram After speaking with hundreds of business builders around the world the three authors of this great book found four main attributes as their keys to success. The key traits they found in the people they interviewed were heart, smarts, guts and luck. They cite four examples of well-known successful people who each had these traits that were dominant in them: Starbucks CEO Howard Schultz as heart-dominant Berkshire Hathaway CEO Warren Buffett and Amazon CEO Jeff Bezos as smarts-dominant South...

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U.S., Europe Recessions Have Idled Large Numbers of Indian IT Firms’ Employees

U.S., Europe Recessions Have Idled Large Numbers of Indian IT Firms’ Employees

Posted by | Sep 23, 2012 | , , ,

By Indu Nandakumar – Times of India BANGALORE, September 24, 2012 – The rising number of idle workers in the US and Europe for Indian software companies could drag profitability lower. This will add to troubles already caused by an uncertain business environment, where clients are delaying decisions around technology projects. The so-called ‘bench’ consisting of engineers who are not working on any active projects has increased by at least seven percentage points at TCS, InfosysBSE -0.80 % and Wipro, analysts said. Industry executives and analysts are of the view that the swelling bench could shave off up to...

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Obama Blasts Romney’s Medicare Plan to AARP

Obama Blasts Romney’s Medicare Plan to AARP

Posted by | Sep 21, 2012 | , ,

By Mary Bruce – ABC News September 21, 2012 – Appealing to senior voters, President Obama today defended his Medicare and social security policies, and argued his opponents would slash the popular entitlement programs to give tax breaks to the wealthiest Americans. “There’s a lot of talk about Medicare and Social Security that hasn’t been completely on the level over the last several months,” the president said to an AARP convention via satellite. “Here is what you need to know: I have strengthened Medicare as president.” “These are bedrock commitments that America makes to its seniors, and I consider...

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100 Days Until U.S. Taxmageddon – How Will You Be Affected?

Posted by | Sep 21, 2012 | , , ,

By: Americans for Tax Reform Sunday, September 23rd, 2012  will mark the start of the 100-day countdown to “Taxmageddon” – the date the largest tax hikes in the history of America will take effect.  They will hit families and small businesses in three great waves on January 1, 2013: First Wave: expiration of 2001 and 2003 Tax Relief In 2001 and 2003, the GOP Congress enacted several tax cuts for small business owners, families, and investors (later re-upped by President Obama and Democrat Congress in 2010).  The following tax hikes will occur on January 1, 2013: Personal income tax rates will rise on January 1, 2013.  The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which the majority of small business profits are taxed).  The lowest rate will rise from 10 to 15 percent.  All the rates in between will also rise.  Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates.  The full list of marginal rate hikes is below: -The 10% bracket rises to a new and expanded 15% -The 25% bracket rises to 28% -The 28% bracket rises to 31% -The 33% bracket rises to 36% -The 35% bracket rises to 39.6% Higher taxes on marriage and family coming on January 1, 2013.  The “marriage penalty” (narrower...

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