WELFARE FOR THE RICH by Frank Corbin As we all know, the US financial system is currently in a mess. Institutions like Fannie Mae, Freddie Mac, Bear Sterns, Lehman Brothers, Merrill Lynch, Bear Stern, AIG and now Washington Mutual are struggling to keep their heads above water. These organizations are either declaring bankruptcy, being bought out by other big financial institution or looking at the US Government for a financial life-support. As with any business model, we must admit … [Read more...]
Baliem Valley – The hidden diamond from the Baliem Valley
September 29, 2011 by
Indonesia: The hidden diamond from the Baliem Valley The Baliem Valley, also spelled Balim Valley and sometimes known as the Grand Valley, of the highlands of Western New Guinea, is occupied by the Dani people. The main town in the valley is Wamena. The valley is about 80 km in length by 20 km in width and lies at an altitude of about 1,600-1,700 m, with a population of 100,000. As far as the outside world was concerned, the discovery of the Baliem Valley and the unexpected … [Read more...]