Bankruptcy

I was wondering how many company will go bankrupt by 2009.

Here is the few, and no surprise to start with GM

General Motors, Chrysler, Ford, Sun Microsystem, Circuit City, Sirius/XM Satellite, Sprint PCS, Etrade, Pilgrim's pride corp, Twin River, and many more smaller companies.

The company, FYI consulting, who help other companies for bankruptcy are doing good.

Needless to say unemployment number will be in 2 digit.

Myths about Media and Marketing

Both media and marketing has one thing in common - they guide the consumer in wrong direction. And both of them are powerful.

1. Media- It is a myth that whatever comes in news it is true. Any media whether is it TV News, Radio, Newspaper, Magazine, they divert your attention the way they like. This is so powerful that Obama bought TV time to give his speech and vision. It almost like you loose the freedom. Couple of months back every media was talking about inflation, now no one is talking anymore. 30% of Texan believe that Obama is Muslim. No one know the name of the person who was involved in Oklahoma bombing but everyone knows Bin Laden. They drive us in terms of what we need to know. They like to make story of any give event - so they become popular and sell more advertisement. They will tell that Wine is healthy based on some research, but they never tell you who sponsor that research. Be very careful what your watch, read and listen.

2. Advertisement - The myth for this is - everything they ask to buy we need that. We are so much abused with the advertisement and we don't know we are abused. We are like hostage monkey who they control the way they want. They make you buy the stuff that you never need in the first place. And if you want one they will sell you two. Remember buy one get one free. For example, Nike make the advertisement like if you do not buy Nike shoes your leg will worn off. You would go to big and fancy houses and pretend this is how the average American lived. Advertisement bring the revolution in the society. I mean it change the society the way they live. It change the life style. Corporate America spends 15% of their revenue in Marketing and Advertisement.Think before taking any action based on advertisement.

We as a consumer need to be smarter than we are.

Historic Day

Today is the Historic Day for America. 50 Years back African American had a problem in getting the seat on the Bus. Today, Barack Obama, a transformational leader, got the most powerful position in the World. Clearly this event makes America proud of. We once again lead the world. The world will learn the lesson why diversity is important. This election is primarily influenced by the economic down turn and problem in the financial market. I think younger age pepople make the difference in this election. If you look at the people, they have the money in 401k, retirement, loosing the job and they want changes. This election tell us the newew generation is thinking differently. They watch politician closely, they understand, what is right. American proves that who is right person to run the country which badly need great leadership.

America Is A Land Of Opportunity And We Can Now Truly Tell Children You Can Be Anything You Want

That being said, I am proud to be American Citizen.