Tuesday, August 26, 2008



Western Academia has always been viewed as the most important institution relied on to solve endemic world problems. Social Science is one area that has been emphasized when looking for solutions to persistent underdevelopment in the Third World and persistent poverty in Developed countries. In his book, Deep Thinking The Human Condition, S.A. Odunsi addresses why Social Science has failed to solve some of the world’s most serious endemic problems.

Presented as the first four chapters in a series of forthcoming books, Odunsi details how Social Science, the designated problem solver, has failed to teach people to function in a way that facilitates economic development in the third world and eliminate “pockets” of persistent poverty in the developed countries. He makes the argument that Social Science has become an intellectual monopoly that has made no real progress and provided no real return on investment which has resulted in an acceptance that endemic world problems are a reality. He details a number of factors contributing to the failure of Social Science that includes: incessant specialization, lack of discipline and accountability, how social science is not acting in the best interest of planet because of restrictions imposed by social science itself, and that the scarcity or absence of functionality in Social Science is the essence of persistent underdevelopment and has resulted in functionality becoming a taboo subject in academia.

The first four chapters detailed in Deep Thinking The Human Condition, is a comprehensive and engaging analysis of how we have developed a defeating way of thinking that must be understood and changed in order to address and resolve endemic problems. It is a book that requires deep reflection as it challenges the very essence of our thought processes as well as challenging institutions that have been such a major influence over how we process and interpret world problems.

The concepts presented in the book will open up a dialogue about how we look at our past, present, and future. Odunsi presents new ideas to chronic world problems in a very creative and imaginative way. Arguments presented are well worth debating and studying. With the numerous current global crises taking place, Deep Thinking The Human condition is highly recommended to those concerned about why we are unable to solve world problems and why it is essential to change our approach when tackling major global plights.

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Thursday, August 14, 2008

Subprime Meltdown: From U.S. Crisis to Global Recession


With the current subprime meltdown taking place within the US Economy, many people are losing their homes and millions more are worried about how they are going to make their mortgage payments. In his book, Subprime Meltdown: From U.S. Crisis to Global Recession, author and real estate expert Charles Brownell addresses how the subprime mortgage was created, how it works, and what factors led to the current subprime mortgage crisis.

In 114 pages, Brownell succeeds in providing a comprehensive understanding of how a number of different sectors contributed to this crisis which has resulted in far more world wide implications. Brownell explains how the Federal Government and Congress instigated the current crisis between 1975 and 1980 when they passed legislation that forced financial institutions into the subprime market stating that it was discriminatory not to give loans to low and moderate income people. He details how the financial institutions could not afford to give loans that were considered high risk so they came up with clever ways to profit. A number of the ways that he describes were very shady and ended up costing mortgage holders much more than they thought. As well, he shows how practices of financial institutions resulted in what is known as predatory lending.

People lacking knowledge on subprime mortgages will find the book very easy to understand. Brownell provides clarity on a very confusing subject. Not only does he explain how mortgage lenders work with financial lenders to ensure the best profit for them, he also provides an account of all those hidden fees that people often don’t know about. As well, he offers solutions on how to reduce the chance of another subprime mortgage crisis from recurring. For those seeking advice on how to make sure they choose a mortgage that they can afford, helpful tips on managing your money and what to look for when choosing a mortgage are provided.

The book is a very educational read for those trying to make sense of the subprime mortgage market. Although it is about a serious situation, it is very optimistic with an important message of the need for consumer education.
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