It quite surprised me to know that Steve Jobs is now stepping down as the CEO of Apple. He recently issued a press release that says that he has resigned as the CEO of Apple and “if the Board sees fit, as Chairman of the Board, director and Apple employee.” Here is the press release by Steve Jobs, one of the finest innovative entrepreneurs of our times. PRESS RELEASE: Letter from Steve Jobs 1 August 24, 2011–To the Apple Board of Directors and the Apple Community: I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come. I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee. As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple. I believe Apple’s brightest and most innovative days are ahead of it. …Read the Rest
Tag: Barack Obama
America is Following the Path of Economic Collapse
Why is the Dow Jones slipping down the lane? Why the US economy is seems to be at its worst? Many people like President Barack Obama will start complaining about the S&P decision to downgrade American debit credit rank. There are many people who consider the S&P as the villain against the US economy. However, the facts suggest that the US suffered downgrade because of its irrational and highly destructive economic policies. Economic matters cannot be managed with emotional appeals and irrational ideas. Yet, American government and politicians always used American economy for their personal whims. The United States lost its status of being a pro-liberty country when the US government accepted to denounce Gold Standard and to introduce a paper fiat currency, the dollars. Paper fiat currency1 has caused similar troubles in every part of the world. The paper fiat currency ($) is used to create boom-bursts-inflation cycles which is nothing but a means to rob citizens by reducing the value of the paper fiat currency, the Dollar. Whenever the government decides to print new money to provide more …Read the Rest
Anna Hajare detained to Maintain Peace and Security
Opposing Corruption is equivalent to Opposing Government1 . Delhi Police arrested Anna Hajare and sent him to Tihar jail for 7-days custody. So now Anna Hajare will enjoy the dais with heavy-weight politicians like Suresh Kalmadi of CWG scam fame and A Raja and Kanimojhi of 2G scam fame. The case against Anna Hajare is of being possible threat to the people and property of Delhi as his agitation against the government may go violent irrespective of his claim of being a peaceful protestor who wants to revolt against the corrupt political system. Often politicians offer a flase choice between liberty and security and assert that if you want to remain free of terrorist attacks, genocides and unnecessary uproar, you need to remain under surveillance and you have to obey the irrational rules dictated by the government and the police. Almost every Indian is protesting against the ill-moves of Delhi government under the orders of politicians. However, same protest wasn’t registered when the police commissioner of Delhi on July 15th claimed that Delhi is safe for women and if a …Read the Rest
Corruption is Political Morality of Democracy
The United States and India are considered as the two biggest democracies with different political system. One is presidential democracy and other is parliamentary democracy. However, both are form of representative democracy which asserts that the politicians are the representatives chosen by the people to rule, exploit and dominate them. These politicians enjoy the privileges of unquestionable rulers with utmost power to manipulate and exploit citizens as the citizens are bound by the social contract which they never saw, never signed yet, this confusing social contract asserts that people ‘willingly’ accepted the rule of these politicians and excepted their exploitative dominance over themselves. Mahatma Gandhi explained the farce of representative democracy when he said, “It is a superstition and an ungodly thing to believe that an act of a majority binds a minority.1 ” It certainly is a sham and ugly thing to accept the supremacy of politicians and to consider them as the moral rulers of the country to whom, we citizens must believe and obey. Mahatma Gandhi clearly criticized Indian parliament when he said, “If India copies England, …Read the Rest
