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Rand Paul tells black school it was Democrats, not GOP, behind ‘racism and Jim Crow’

‘We’ll have to see what the Howard students thought,’ Kentucky Sen. Rand Paul shouted from an elevator Wednesday afternoon, answering MailOnline’s question about whether his foray into winning the hearts and minds of black youths was successful.

Paul, a Republican darling who is already laying the groundwork for a 2016 presidential run with a coming appearance in New Hampshire, had just wrapped up a two-hour appearance at the Howard University School [...]

Michelle Obama to speak on gun violence, which could mean a more activist role

CHICAGO — When she returns home here Wednesday to deliver a speech on gun violence, first lady Michelle Obama will be making a rare foray into the politics of the day that could presage a more activist role during her husband’s second term.

Obama is taking what aides described as an intentional step outside her narrow focus on military families and childhood nutrition to confront the dark reality of young people [...]

Microsoft finally reveals its Surface tablet will cost between $642 and $900

Tablet to go on sale on October 26th, the same day Microsoft launches its Windows 8 computer software
Will launch three days after the expected announcement of Apple’s iPad mini, and a day after Amazon launches its Fire tablets in the UK.
Surface with 32gb will cost the same as latest version of the iPad with 16gb of memory

Microsoft tablet comes with cover that doubles as a keyboard

 

Microsoft’s Surface tablet will cost between £399 [...]

OUTRAGE ALERT: Uncle Sam Wants To Regulate What You Eat And How Much Gasoline You Must Buy At Certain Gas Stations

Dear Obese America: Uncle Sam Wants To Regulate What You Eat

It seems that the recent foray of Mayor Bloomberg into determining what one may and may not consume based on calorie count, was just the appetizer, so to say. As some may recall, back inMarch we wrote that based on OECD predictions, up to 75% of the US nation will be overweight or obese. Now, none other than Uncle Sam has gotten [...]

Racks up huge credit card fees

President Obama portrays himself as a watchdog of credit card companies and a critic of their fees, but his re-election campaign is a gold mine for some of those same companies.

Documents filed with the Federal Election Commission show that Obama for America paid more than $480,000 in credit card fees in June. The campaign of Republican Mitt Romney, by comparison, paid about $37,000 in charge-card fees last month.

The Obama campaign paid those [...]

THIS WEEKEND: Romney hunkering down to mull shortlist for running mates

Mitt Romney today is headed to his lakeside retreat in Wolfeboro, N.H., on Friday for a three-day weekend, and all signs point to the GOP presidential nominee hunkering down to mull his shortlist for running mates.

Time is running short for Romney to make his selection in advance of the Republican convention in late August. Moreover, Romney is headed to London for the Summer Olympics, which begin July 27, followed by [...]

Ex-JPM Banker Wins by Betting Against Former Employers Whale Bets

Ex-JPMorgan Trader Feldstein profited Harpooning London Whale

Ex-JPMorgan banker Andrew Feldstein has emerged one of the biggest winners among hedge fund managers by betting against his former employer.

Feldstein’s BlueMountain – which has returned 9.5% this year – has profited by exploiting price distortions created by the outsized bets of JPMorgan’s chief investment office. The company stands to make as much as $300 million, said market participants with knowledge of the trade.

 

Full [...]

I Met a 16-Year-Old Kid. 3 Days Later Obama Killed Him

Waziristan had assembled to talk about the US Predator drones that buzz around overhead, periodically delivering death by Hellfire missile. A jirga is the traditional forum for discussing and resolving disputes, part parliament, part court of law. The turbaned tribal elders were joined by their young sons on a rare foray out of their region to meet outsiders and discuss the killing. The isolation of the Waziris is almost [...]

Obama’s Re-Election Campaign – The Thrill Is Gone

The president’s trip to the Bay Area last week made it painfully clear that the Barack Obama re-election campaign has lost its mojo.

There was no life, no personality, no memorable line or moment and no real enthusiasm in the entire fundraising foray. In short, there was no buzz.

It was like a summer rerun of a show that wasn’t very interesting to begin with. Worse yet, Obama sounded like he was [...]

WSJ: About 23% of restaurant lunches and 16% of dinners in the U.S. included a hamburger.

From WSJ:

It’s a rare moment of change for a tried-and-true staple: the steakhouse and steak itself.

Steakhouses are offering new cuts, sometimes with chic-sounding, unfamiliar names (a “rib cap,” anyone?). Some are retooling menus to add prices palatable to more diners. And the rustic décor of the traditional steakhouse is being replaced with a sleeker style to attract a clientele beyond business meetings and celebrations.

Record-high beef prices and evolving culinary trends [...]

Israeli Cabinet Votes 8 to 6 in Favor of Attacking Iran.

http://translate.google.de/translate…0.html&act=url

http://www.prisonplanet.com/maariv-r…ultimatum.html

Just when you thought it was safe to come out from your air raid shelter after Bibi returned from his U.S. foray to stoke up war fever, Maariv raises the temperature to a boiling point. Ben Caspit reports(Hebrew) that the cabinet now has, for the first time, a majority (eight votes for, six votes against) favoring the measure.
Cabinet Majority Supports Iran Attack
The prime minister yesterday delivered one of the most combative [...]

Maariv Reports Cabinet Favors Iran Attack, US Delivers Iran ‘Final’ Ultimatum

Richard Silverstein
Thursday, March 15, 2012

Just when you thought it was safe to come out from your air raid shelter after Bibi returned from his U.S. foray to stoke up war fever, Maariv raises the temperature to a boiling point.  Ben Caspit reports (Hebrew) that the cabinet now has, for the first time, a majority (eight votes for, six votes against) favoring the measure.  This means that theoretically Bibi can begin an [...]

Gidget goes to hell

The recent Koch brothers hostile takeover of stalwart Libertarian think tank Cato Institute is instructive in many ways. While Cato certainly does not speak for all libertarians, and many may well disagree with some of their positions, they are one of, if not the most prominent of the think tanks acting in the Libertarian model.

And it’s almost painful to watch the ever present and overreaching  Koch-topus slip it’s slimy tentacles [...]

iPad 3 or iPad HD?

NEW YORK (AP) – Apple is holding an event Wednesday in San Francisco, and has hinted that it will reveal a new iPad model. Rumors speak of an updated tablet with a speedier processor, a sharper screen and an option for faster wireless broadband access.

If last year’s launch of the iPad 2 is any guide, the new iPad model will go on sale in the U.S. next week, likely on [...]

News That Matters – 3/7/12

By www.thetrader.se

 

Ft.com
Lehman Brothers has ended the largest-ever corporate bankruptcy, emerging from Chapter 11 and announcing it will begin making its first payouts to clients next month, reports the FT. However, many disputes surrounding the defunct investment bank remain,http://ftalphaville.ft.com/thecut/2012/03/07/911741/lehman-emerges-from-bankruptcy/

Norway’s state-controlled energy group Statoil is in pole position to buy the Brazilian business of US-listed explorer Anadarko for about $3bn, which would mark the latest big foray by a global oil group into [...]

Reading the Technical Tea Leaves for Signs of Doom

Traders are tripping all over themselves to buy leveraged volatility vehicles
by Todd Salamone 2/25/2012 9:45:21 AM

Stocks racked up a few new multi-year highs last week, although the major market indexes finished with relatively minor gains. Traders took heart in a generally decent slate of domestic economic data, but steadily rising oil prices sparked some anxiety about the fragile state of the recovery. Plus, the Dow Jones Industrial Average (DJIA) made [...]

Dow 13,000: Put on your cap and celebrate, but analysts caution it’s just a number; Wells Fargo’s John Manley: “The Dow has only 30 members, sometimes their individual stories bury the message that the economy is trying to send us.”

By Christina Rexrode, AP Business Writers | Associated Press

Big, round numbers are hard to ignore. That’s why we pay attention when the odometer clicks over to 100,000 miles, and why the world threw a party at the dawn of 2000 instead of the technical start of the millennium in 2001.

It’s no different on Wall Street. When the Dow Jones industrial average briefly crossed 13,000 this week, a milestone it hadn’t reached since before the financial [...]

New low-priced technology could improve the lives of millions of seniors

From Bloomberg:

Ever since electric hearing aids were introduced around the turn of the last century, they have been too expensive for most aging Americans. Scores of inventors have tried to commercialize lower-cost hearing devices, but their products often come up short, amplifying low-frequency sound and making it difficult to hear voices.

Now a Colorado headphone manufacturer called Able Planet plans to launch a new line of affordable amplification devices, beginning in [...]

FOFOA:The Studebaker Effect

One of my resolutions for 2012 is to spend some time finding new ways to introduce gold-resistant paperbugs to the powerful arguments for buying and holding physical gold right now. But I never want anyone to invest in anything based merely on a recommendation. I want them to understand the reasons for the purchase themselves. Peace of mind can only come from within, and that’s what understanding can provide.

This is [...]

APPLE television gamble talk of Vegas

(USA Today) Apple is the only company that consistently gets big buzz out of the International Consumer Electronics Show in Las Vegas — without even attending.

This year will be no different.

Connected TVs — TVs that connect to and can access content from the Internet — will be a big part of CES this year. And just about everyone in tech expects Apple at some point to launch such a television — an [...]

China Now Second Largest App Market – China Real Time Report – WSJ

Jerome Favre/Bloomberg
Models display Samsung’s Galaxy Nexus smartphones in Hong Kong, China, Oct. 19, 2011.

Add mobile apps to the list of things that China is adopting in a big way.

Since January, the world’s most populous country has been on a tear downloading and using mobile applications, according to mobile analytics firm Flurry. China now ranks behind the United States in app usage.

This comes as no surprise to anyone who [...]

MF global collapse on EU debt exposure, described by BBC Business Editor, Robert Peston, as “the canary in the coalmine” moment for the global economy:

The good news is that MF Global isn’t big enough or connected enough for its collapse to risk serious damage to the financial system.

It is a medium size broker, with a leading position in futures, which was in the process of being turned into a mini Goldman Sachs by its prominent chairman, Jon Corzine – who, as it happens, was chairman of Goldman for much of the 1990s (before a [...]

MF global collapse on EU debt exposure, described by BBC Business Editor, Robert Peston, as “the canary in the coalmine” moment for the global economy:

The good news is that MF Global isn’t big enough or connected enough for its collapse to risk serious damage to the financial system.

It is a medium size broker, with a leading position in futures, which was in the process of being turned into a mini Goldman Sachs by its prominent chairman, Jon Corzine – who, as it happens, was chairman of Goldman for much of the 1990s (before a [...]

Clive Maund: Silver Market Update

Following our highly successful foray into the future to see what would happen to the silver price, many readers have been urging me to clamber back into my time machine and go Back to the Future to see what is going is to happen in the next few weeks. However, on this occasion I have decided not to. It was not concern about disrupting the [...]

First Chinese Car In The U.S. More Competitive Thanks To Federal Tax Credits

Image: Coda

China’s first foray into the American auto-market, the all-electric Coda, is now being sold at a dealership in Los Angeles, but it’s not the vehicle some imagined.

With a base price of $44,900, the Coda is $5k more than the Chevy Volt, almost $10k more than the Nissan Leaf, and is far from the cheap model competitors feared would kill their profits.

According to USA Today the [...]

Michelle Obama makes 2012 campaign debut

WASHINGTON – Michelle Obama made her first foray into the 2012 presidential campaign Thursday, telling donors that her husband needs them to “work like you have never worked before” so he can finish the job he started.

Though the first lady said President Barack Obama has accomplished much in almost 2 1/2 years, she told a Democratic Party women’s group that there’s a lot more to [...]

Chinese rating agency strips Western nations of AAA status

China’s leading credit rating agency has stripped America, Britain, Germany and France of their AAA ratings, accusing Anglo-Saxon competitors of ideological bias in favour of the West.

Dagong Global Credit Rating Co used its first foray into sovereign debt to paint a revolutionary picture of creditworthiness around the world, giving much greater weight to “wealth creating capacity” and foreign reserves than Fitch, Standard & Poor’s, or Moody’s.

The US falls to AA, [...]