JOBS REPORT PREDICTION: 8.2% +113,000…DEVELOPING

Traders say Friday’s jobs report may have more impact on the presidential race than the markets, though investors will still be watching closely.

Economists expect employers added 113,000 jobs in September, while the unemployment rate edged up to 8.2 percent from August’s 8.1 percent, according to a Reuters survey. Friday’s report will be the second-to-last before the November election.

“Because of [this jobs report’s] juxtaposition to election, there will be significant political [...]

On $4M Vacation, Michelle Seeks $3 From Backers

by KEITH KOFFLER on DECEMBER 30, 2011, 1:21 PM

Speaking from her paradisical $4 million Hawaii vacation, Mrs. Obama wants to know: Do any of President Obama’s supporters have $3 to spare for his reelection?

This is approximately like coming upon Warren Buffett on a street corner with a McDonald’s cup asking if he can have 15 cents.

Michelle’s request was part of an email sent to the Obama 2012 list today.

Over the next 11 months we’ve [...]

Commiserates with jobless, then off to the Vineyard

By Daniel Ruth, Times Columnist

It’s merely idle speculation, but this is one of those moments when Barack Obama misses Rahm Emanuel, who once held the role as the first, uh, chop buster in the White House.

Imagine sitting around the Oval Office discussing presidential travel plans and someone says: “Hey, I’ve got a great idea. Let’s have the president travel to the Midwest for several days [...]

SHOCK: Only 0.75 miles separate one of New York’s wealthiest congressional districts from one of its poorest

New York Magazine profiles the gap between New York’s 14th and 16th congressional districts. The 14th includes most of Manhattan’s East Side below Harlem and a large portion of Queens, and the 16th includes a large portion of the Bronx.

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Economic disparity has been climbing for the better part of a century. But since 2007, the divide has been starker than ever, with the richest .01 percent taking home [...]

Secret Silver Buying by Russian Billionaire, Chinese Traders, and People’s Bank of China to Lead to Comex Silver Default?

Gold rose to new record nominal highs at $1,540.85/oz in early Asian trading last night. Silver and gold remain very close to nominal highs today as the beleaguered US dollar remains under pressure due to ultra loose US monetary policies, deepening inflationary price pressures and concerns about the feeble economic recovery.

Cross Currency Table

Gold has risen 8% this month and silver 28% due to the very poor US [...]

Comex Silver Default Due To Secret Buing By Russian Billionaire, Chinese Traders and People’s Bank Of China?

From Gold Core

Comex Silver Default Due To Secret Buing By Russian Billionaire, Chinese Traders and People’s Bank Of China?

Gold rose to new record nominal highs at $1,540.85/oz in early Asian trading last night. Silver and gold remain very close to nominal highs today as the beleaguered U.S. dollar remains under pressure due to ultra loose U.S. monetary policies, deepening inflationary price pressures and concerns about [...]

REPORT: Data Breaches Spiked To New Highs In 2010: According to a new report by Verizon and the U.S. Secret Service

According to a new report by Verizon and the U.S. Secret Service, a record number of data breaches were reported in 2010, though the number of compromised records dropped dramatically to 4 million in 2010 from 144 million in 2009.

That the “all-time lowest amount of data loss” was recorded alongside the “all-time highest amount of incidents investigated” presents a strange juxtaposition. The report conjectures that the [...]