When: Seeds were sown way back in 1977. Known as Community Reinvestment Act , is a United States federal law that requires banks and thrifts to offer credit throughout their entire market area and prohibits them from targeting only wealthier neighborhoods with their services. The bill encouraged the Federal National Mortgage Association, commonly known as Fannie Mae, to enable mortgage companies, savings and loans, commercial banks, credit [...]
Entries from September 2008
September 26, 2008
Google Project – 10 to the power 100th
Robert Collier (don’t know who he is) once said “A single idea / the sudden flash of a thought / may be worth a million dollars.” Well , Google has just proved this to be true . Infact Google is offering 10 Million Dollars for that “Single Idea” which can change the world by helping as many people as [...]
September 25, 2008
Zardari Flirting with Palin?
Mr Zardari described Republican vice presedential candidate Palin as “Gorgeous” . “You look so gorgeous. Now, I know why the whole of America is crazy about you,” Zardari said, while receiving Palin, also the Governor of Alaska, at the Millenium Hotel in New York.”You are so nice,” 44-year-old Palin, a former Miss Wasilla runner up in Alaska [...]
September 24, 2008
And I always thought debt was a bad thing
G7 (also known as the G-7 or Group of Seven) is the meeting of the finance ministers from a group of seven industrialized nations. The finance ministers of these countries meet several times a year to discuss economic policies. Now here is some data as of 2006 1. France - Public Debt: 64.7% of GDP 2. Italy - Public Debt: 107.8% of GDP [...]
September 23, 2008
Polar bears resort to cannibalism as Arctic ice shrinks
The Arctic sea ice melt is a disaster for the polar bears,” according to Kassie Siegel, staff attorney for the Center for Biological Diversity. “They are dependent on the Arctic sea ice for all of their essential behaviors, and as the ice melts and global warming transforms the Arctic, polar bears are starving, drowning, even [...]
September 23, 2008
Response to “India RAW did it: Taliban deny all involvement in Marriott attack”
Recently an artice was published which claims that “India RAW did it: Taliban deny all involvement in Marriott attack”. (Read Here). Was this article written just because someone wanted to write? Pakistan Ledger reported that it was the Indian agents of RAW that attacked the Marriott Hotel. Now the Taliban, never shy about accepting responsibility has [...]
September 23, 2008
Google Android G1 is here
Now that we’ve had a taste of what the T-Mobile G1 offers, CNET compares it with other phones on the market and see if it brings anything different to the table. 1. Design - The combination of a touch screen and a keyboard isn’t new of course, but I thought it would be good to remind people [...]
September 23, 2008
Is Hindu right wing behind Indian Mujahideen, ask Muslim groups
IANS published this report on September 17th regarding the recent bomb blasts in Delhi. Terming the Indian Mujahideen, which has claimed responsibility for the serial blasts in Ahmedabad and New Delhi, as fictitious, several Muslim organisations and clerics have demanded investigations into the possible role of the Hindu right wing in the terror attacks.In a statement issued here Wednesday [...]
