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Business

Brighter outlook for Mass. businesses in 2013

US and global economies are predicted to rebound if the fiscal crisis can be resolved swiftly, and Massachusetts is well positioned to build on its strengths

Economy: slow improvement if...

The Massachusetts economy, despite slowing in recent months, should improve in 2013, adding jobs at a moderate pace and gaining speed towards the end of the year, according to economic forecasts.

Comments

One of the biggest deals to come out of 2012 which has ominous implications for Massachusetts and the rest of the United States was the filing of paperwork by STATE STREET corporation in Feb 2012 with the SEC which stated that the firm has changed the nature of its Joint venture or "JV" with a firm called SYNTEL Corp (SYNT) of Troy Mi, a firm owned by Indian Nationals. What this means is that State Street Corporation will have the right to buy a majority stake in the JV in the next several years so Staet Street will actually begin profiting by encouraging other US firms to wipe out middle class American jobs just as State Street has done the past three years and send these US jobs to campuses in INDIA basically owned by State Street in PUNEA, CHENAI, and MUMBAI. This is all occurring after State Street receiving a $2 Billion TARP bailout loan from the American people.and an $11.5 Million tax break from the City of Boston. This is a story the Boston Globe has selectively chose not to report in 2012. http://www.wgbh.org/programs/Greater-Boston-11/episodes/July-19-2012State-Street-outsourcing-40276

Besides what one of Steward Health Care Systems did to this poor woman (www.helenbousquet.com), Steward Health Care needs to be shut down. They are about profits, not patient care. The company that owns them, owns the manufacturer of the gun responsible for the Newtown tragedy. They make the guns, then treat the wounds. Where the hell are the Feds?