Here’s one you may not “like.”
Imagine having a friend on Facebook who matches up your privately shared data to a public voting record — then flags you for more frequent campaign calls and contacts.
That’s exactly what the Democratic party is doing. The upcoming presidential campaigns are eager to get their hands on the treasure trove of voter data that 900 million users have voluntarily posted on Facebook. Enter Social Organizing, [...]
A mother and father have spoken of their devastation at the suicide of their 20-year-old son, who killed himself after silently suffering with uncontrollable blushing for years.
Brandon Thomas, a University of Washington student, jumped from the 11th floor of his Seattle dorm on May 29 – and left a five-page letter blaming the suicide on his despair caused by the disorder.
‘I am tired of blushing,’ Brandon, from nearby Renton, wrote. [...]
May 16, 2012
Without even waiting a decent interval for mourning, JPMorgan Chase Chairman Jamie Dimon launched his defense campaign over the disclosure that he presided over a $2-billion trading loss in derivatives within days of the disclosure itself, choosing the comforting confines of NBC’s “Meet the Press” for the campaign kick-off.
Dimon’s theme was essentially as follows: “Hey, everybody makes mistakes — sure, we lost $2 billion, but we’ve still [...]
The development of cocoa trees strong enough to keep up with the world’s chocolate demands has scientists in frenzy as global consumption is forecast to rise by 25 per cent in the next eight years.
Demand for the product will increase by roughly 5 million metric tons by 2020 according to food companies and commodity traders while this year’s supply is already expected to fall short.
‘The crops don’t perform well. They’re aging pretty badly. [...]
The Congressional Budget Office said Friday that President Barack Obama’s tax and spending policies will yield $6.4 trillion in deficits over the next decade, more than double the shortfall in CBO’s own fiscal baseline — even after taking credit for reduced war costs.
House Republicans, slated to unveil their own plan next week, are sure to seize on the numbers, yet the mountain of data gives reason for both parties to pause going [...]
From Terry Coxon, Senior Economist, Casey Research:
… Americans, by and large, run all their affairs within the confines of the U.S. The U.S. economy is so large and so varied that it’s easy to assume that everything you want to do with your wealth can be done without crossing any borders. And people in the U.S., like people anywhere, live with the habits and attitudes developed over generations. They’re only [...]
Societe Generale’s Albert Edwards says Italy should not have been sucked into the vortex. Unlike the PIGS, Italy never had a irresponsible boom. Instead it has been sucking wind and piling up debt for more than a decade.
Now that the market has turned on Italy, he says it could also turn on France and Germany, which have relatively bigger off-balance-sheet liabilities.
Edwards is bullish on Europe only because he says the [...]
Anyone expecting that the events over the last 24 hours will have changed the persistently negative outlook of one of the original skeptics, will be disappointed. The SocGen strategist falls back to that old time-tested principle in complicated situations: math and logic. His summary of events released this morning: “The increasingly frenzied attempts of eurozone governments to persuade financial markets that they can draw a line under this crisis [...]
by Phoenix Capital Research
As much as the mainstream financial media likes to pretend that the financial crisis is over, unfortunately it isn’t. In fact, what’s going to happen next will very likely make 2008 look like a joke.
There is one simple reason for this: the “Fed” safety net that pulled the markets back from the brink is gone.
As noted in an earlier piece, the Fed is [...]
The cattle find themselves, surprisingly, back inside the corral, below the 1275 boundary. The question is, can they be contained below that level today? They trampled the heck out of the fence heading north, and the cowboys have a lot of work to do to bolster the rails and get the poles back up, and today and tomorrow are critical regarding the work they [...]
A rather indicative poll released by Rasmussen earlier this week finds that a majority of Americans (44%) now believe that the government operates outside the confines of the Constitution, compared to just 39% who believe government does not take liberties with the precepts laid out by the founding fathers (and 17% were busy watching dancing with the stars to have an opinion either way). [...]