"Government Spending to Save Businesses"

Owing to the financial meltdown many businesses are affected. Due to the fall in sales figures, many business are cutting down spending. Some are in such a bad state that they are going with a begging bowl to their governments for 'bailout' money. Automobile companies, banks, airlines - most industries have been hit badly and are pandering for major bailouts by the government.

In such a time of crisis, fearing a sharp decline in their sales and revenue streams, and fearing that they may be left out of the 'bailout money' handouts, the Mistresses and Extra-Marital Lovers Union (MEMLU) has approached the government asking for a bailout. Armed with a study by Prince and Assoc, the general secretary of MEMLU demanded that the bailout is necessary to keep the industry afloat.

Cost cutting by their consumers has been quoted as the major reason behind the industries woes. According to the survey,

"More than 80% of multimillionaires who had extra-marital lovers planned to cut back on their gifts and allowances. Still, only 12% of the multimillionaire cheaters said they plan to give up on their lovers altogether for financial reasons "

Experts from the government on the subject, however rejected MEMLU's demand citing improper estimates in the survey. "The survey has all its calculations wrong", said one government official, "We at the government are in touch with the consumers and the fall in demand is untrue; in fact my colleagues and I are confident that we can stimulate this market ourselves".

In response to a question about how the government is going to boost the souring demand in the business he said, "Government spending. Our government firmly beleives in Keynesian theories of spending by the state during a downturn and it is no different in this case." He also added that goverment officials will "personally ensure and step-in to help the industry not see the bad times".

Hat Tip to Greg Mankiw

Assorted Links I Find Interseting!

Below you will find a list of assorted links which I think are interesting. I have made a small summary of each of these topics also which you might preview before you click on the link and read/view the original articles/website. Hope you find it interesting!

• New way of searching on the internet - "Searchme Visual Search": You think Google is the ultimate search engine? Think again. What do you think contributes to the cult brand status which Mac enjoys over Windows? Its the visual superiority. I have blogged about the Cuil search engine before and the way it presents data to the searcher. I came across this Visual Search engine. Human civilization and communication in the stone age was all visual - hand signals, pictorial. Then slowly language developed and 'text' which is an abstraction of the visual communication gained precedence. But with the advent of electronics in the early 20th century, the visual medium (television, cinema etc) is making a resurgence. This is one of the reasons why print medium is facing a decline around the world. This trend is also prevalent in the web world. First it was text, then came images and now the most popular sites are video and flash sites. Hence why should'nt the search engine medium be 'Visual' too? Nice website...
• Will the tall man dominate the world? So thinks this article which actually suggests toungue in cheek that "Short People Got No Reason to Live"! When the 6"5' Usain Bolt 'bolted' in the track field in Beijing and set a world record of running 100 m in just 9.69 seconds, the author claims that short people lost their final stronghold - ability to run fast!
• Here is another giant of a man! Micheal Phelps! Eight gold medals... Individually! India as a nation in 108 years of Olympic history has won ONE individual gold medal. I know about all the debates which talk about the lack of infrastructure and all that. But this man Phelps is on a different dimension! He is defenitely a super human! Check out these cartoons about this man! Awesome... Really!

• And finally, what do people on Indiatimes.com read most and email? not surprisingly its about Sex! I remember Khushwant Singh saying what a sex-crazed, voyueristic nation India was, and this I think is more proof of this. Compare what is read most and emailed most. This seems to indicate that we read all genres of news, but the most emailed topics are concerning the happening in the bedroom! I can imagine these emailers who find it interesting to 'share' these topics, hitting the email button while gleefully with dazed eyes drooling over the saucy content! Hey, afterall - even I am blogging about it!

More soon!