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Murdoch Digs Underscore Persistent Strains

To hear Rupert Murdoch tell it lately, Mitt Romney lacks stomach and heart. He “seems to play everything safe.” And he is not nearly as tough as he needs to be on President Obama.

Mr. Murdoch’s thoughts on the Republican presidential candidate’s prospects? “Tough O Chicago pros will be hard to beat unless he drops old friends from the team.” Chances of that? “Doubtful,” he tapped out in a Twitter message from his iPad last weekend.

Then, on Thursday, [...]

Why do new investors always take such a short-term view on Gold and Silver

Posted on 08 May 2012

It was curious recently to meet with some old friends who recalled a big argument we had four years ago about the merits of buying gold and silver.

They had to concede defeat. After all a portfolio equally split between those precious metals is up by around 80 per cent since then. In that time even Warren Buffett has underperformed the S&P that has basically gone nowhere [...]

Another Housing Data Miss Makes It 13 of 15

by ZH

Pending Home Sales missed expectations by the largest amount since September of last year and printed negative (-0.5%) versus hope of +1.0%. It seems our self-fulfilling housing recovery is not so self-fulfilling or recovering…this makes 13 of the last 15 macro data prints in the US a miss. What is perhaps most surprising is the fact that this is from our old friends – the NAR – who seem comfortable ‘fabricating’ [...]

Man dies shopping on Black Friday… Unfazed, shoppers walked around, stepped over body

SOUTH CHARLESTON, W.Va. (WSAZ) — A man collapsed while doing some Black Friday shopping in a crowded store, and people nearby continued to shop.

Witnesses tell WSAZ.com some shoppers walked around and even over the man’s body.

Family members tell WSAZ.com that Walter Vance, of Logan County, W.Va., passed away after being taken to the hospital.

It happened at Target in the Southridge Shopping Center in South Charleston about 12:15 a.m. Friday.

Vance got [...]

Witness: Bialek hugged Cain month ago during Tea Party meeting

Herman Cain backstage at the recent TeaCon with Amy Jacobson shortly after Cain’s alleged encounter with accuser Sharon Bialek.

The Cain Encounter …

They hugged each other backstage in a full embrace like old friends.

She grabbed his arm and whispered in his left ear.

She kept talking as he bent to listen, and he kept saying “Uh, huh. Uh, huh.”

Huh?

“I don’t know if what she was giving him was a sucker punch, but [...]

Unlikely Turn for a Suspect in a Terror Plot

http://www.nytimes.com/2011/10/13/us/odd…

“WASHINGTON — His nickname was Scarface, the legacy of a brutal knife attack on a dark Houston street three decades ago that left his left cheek permanently marred. Friends and neighbors in Texas said that he could be gruff and intimidating, and that he often stood outside his house at night smoking and talking on his cellphone in a language they [...]

John Mauldin: The Economy Has Hit Stall Speed And There Is No Way To Spin This As Anything But Ugly

John Mauldin, Thoughts From The Frontline

The GDP numbers for the second quarter came in, and there is no way to spin them as anything but ugly. And the revisions were worse.

We simply have to take a few pages to look at them. And, as I noted last Monday in the Outside the Box, I met with some ten Senators Monday afternoon (as well as Congressmen in the [...]

Kamikaze pensioners: Elderly Japanese volunteer to tackle Fukushima

Yasuteru Yamada said people from all walks of life were welcome to join the group

A group of more than 200 Japanese pensioners are volunteering to tackle the nuclear crisis at the Fukushima power station.

The Skilled Veterans Corps, as they call themselves, is made up of retired engineers and other professionals, all over the age of 60.

They say they should be facing the dangers of radiation, not the young.

It [...]

Mauldin: Kicking the Can to the End of the Road

This week we turn from the crisis brewing in the US to the one that is coming to a slow boil in Europe. We visit our old friends Greece and Ireland and ponder how this will end. It is all well and good to kick the can down the road, but what happens when you come to the [...]

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