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college seniors from Cal, Stanford, Ivies fight over $27,000 per year jobs
The impact of the worsening recession can be felt by graduating students attending some of the most elite universities in the U.S. such as UC Berkeley, Stanford, and Ivy League colleges. Because of a contracting economy, companies are unwilling to hire but are increasingly ready to fire employees every day. As a result, many college students from the class of 2009 and beyond are competing for jobs to teach in low-achieving schools in programs such as Teach For America for as little as $27,000 a year! Read more
recession, depression, and murder
I just learned yesterday of a tragic story about a family murder-suicide in Southern California by a Kaiser hospital lab technician. The man was having economic problems, owes the IRS $15,000, and behind in mortgage and credit card payments, and all of that just caved in on him when he got fired from his job for fraud (he lied about his income so he can get cheaper child care). He went on to kill his 5 children, his wife, and then turns the gun on himself. Read more
is peanut butter safe?
As of yeterday, the peanut butter salmonella outbreak has sickened 491 people (and an unknown number of dogs) across 43 states and subsequently linked to the deaths of 6 people. The last widespread salmonella outbreak was in the summer of 2008 and was a result of contaminated peppers from Mexico.
The peanut product recall has widened to include ice cream, candy, retail bakery products, frozen cookies, dog treats, and more peanut products made with peanut paste provided to United States food processors from The Peanut Corporation of America and sheds light on the complexity of our modern food distribution systems and the omnipresent significance of peanuts in our daily lives.
Consequently, my family and I have been very confused over which peanut products are safe, especially regarding the beloved peanut butter we use every morning when we are too lazy to cook something more substantial... Read more
happy inauguration day!
"The question we ask today is not whether our government is too big or too small, but whether it works."
- Barack Obama, 44th U.S. President
Barack Hussain Obama has been sworn in as President of the United States, marking him as the 44th President and the first African American to be elected to the United States highest office. Obama said in his speech that this is a moment that will define a generation. Read more
a miracle during dire times
An ace US Airways pilot made an astonishing controlled crash landing into the frigid Hudson River yesterday after his jet hit geese and lost power minutes after takeoff from La Guardia and missed the George Washington Bridge by just 900 feet - all 155 people aboard, including one baby, were rescued. The crash took place on a 20-degree day, one of the coldest of the season - with the water temperature 36 degrees.
What a miracle. I can't imagine how a flock of seemingly harmless geese are able to take down an entire Airbus A320 plane by disabling both jet engines in just mere minutes!
Madoff's clients and the stocks he owned
Bernard Madoff worked as a lifeguard to earn enough money to start his own securities and hedge fund firm in the 1960s which touted compounded returns of 18 to 20% annually. Last month, the former chairman of the NASDAQ stock market was arrested and charged with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ever and may spark unprecedented, global securities reform. Read more
education pays
Okay, so my parents were right: education pays in higher earnings and lower unemployment rates. Then why is the great state of California spending so little on education and complaining about reverse braindrain and overseas job oursourcing at the same time? Perhaps, some of our elected officials may need some education in common sense! Read more
2/3 of Vietnamese Americans support McCain: reason?
UPDATE: Shandon Phan, 29, the Founder of Asian Americans for McCain, and Jessica Vu, 22, a native of San Jose and a student at Harvard Law School, shed light on why the Vietnamese community supports McCain in their NPR article.
A recent survey done by several colleges including USC, Cal, Rutgers and Riverside shows that the majority of Asian-American voters support Obama over McCain, except for Vietnamese Americans. Read more
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