By now everyone reading this knows that this week’s nonfarm payroll report was a huge bust, with just 69,000 jobs created, versus expectations of 150,000. In addition, the report’s innards were all weak. That extended the string of weak data that we have been seeing, and there is more to come.
As I have been saying for some time now, the seasonal adjustments didn’t adequately capture the warm weather this winter, and [...]
I’ve argued before that it is good to scare your kids, so it’s probably no surprise that I was excited to read in The Guardian that over 500 previously unpublished fairy tales have been discovered in Germany. Dating back to the 1800s, these stories were collected by historian Franz Xaver von Schönwerth, a contemporary of the Grimm brothers, and were recently reintroduced to the world by Oberpfalz cultural curator Erika Eichenseer who [...]
As the tech world is zealously waiting for the much-rumored Galaxy S3, Samsung has announced official release date for a new Galaxy device. Well, the Korean tech maker is going to publicize an unspecified Galaxy gadget on May 3, 2012 at an event to be held at London’s Earl’s Court. Of course, Galaxy S3 is about to get the official release; however, we can’t tell that it will be the [...]
January 19, 2012
Who are the real villains on Wall Street? When it comes to institutionalized greed and corruption, nothing tops the too-big-to-fail banks like JP Morgan Chase, Bank of America and Goldman Sachs. But these financial giants form only one part of the financial oligarchy. Lurking in the shadows are aggressive hedge funds that are just as lethal to our economic well being. If Goldman Sachs is a vampire squid, [...]
USNS Henry Eckford #192
Image: wikipedia commons
Embroiled by legal battles for more than 25 years, two U.S. Navy ships are finally headed to the scrap heap without ever having sailed and despite the fact that they’re almost completely finished.
According to Hampton Roads, the USNS Bejamin Isherwood and the USNS Henry Eckford were commissioned in 1985 at the Pennsylvania Shipbuilding Co. to carry fuel to the [...]
Moscow, May 17 (IANS/RIA Novosti) A man suspected to be behind the appearance of dismembered body parts across Moscow in recent weeks was arrested early Tuesday morning after half-eaten human innards were found in his home, police said.
Police found a stew made from a human liver in the fridge at the suspect’s apartment in east Moscow. They believe the liver to be part of the [...]