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Wolf Richter www.testosteronepit.com
The coordinated confidence-inspiring words from the Eurozone’s fearless leaders yesterday and today about doing whatever it would take to save the euro wasn’t about Greece anymore. Its life support may get unplugged in September. Politicians have apparently given up. The tab isn’t that dramatic: default and return to the drachma would cost Germany €82 billion and France €62 billion (Ifo InstitutePDF). Survivable.
The fearless leaders were afraid of Spain, whose [...]
Why has the Obama team been publicly wailing about losing out to Mitt Romney in the money race? Why would the president accuse his opponent of not merely being wrong or unqualified but criminal? After all, the polls are tied, so why so much worry in Obamaland?
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The Associated Press reports: “President Barack Obama’s campaign has spent nearly $100 million on television commercials in selected battleground states so far, unleashing a [...]
Paul B. Farrell: Environmental clues to global growth sectors
By Paul B. Farrell, MarketWatch
SAN LUIS OBISPO, Calif. (MarketWatch) — The Worldwatch Institute is a great source of global economic information. Launched in 1974, it was the first research organization devoted to analysis of global environmental issues. And that’s why its new “Vital Signs 2012” is so important, highlighting growth sectors that can be mined for investment opportunities.
Yes, huge challenges, [...]
Mourners at a funeral in Egypt swapped tears for cheers when the ‘dead’ body they were burying woke up.
Hamdi Hafez al-Nubi, a 28-year-old waiter from Naga al-Simmanm, near Luxor was declared dead after suffering a heart attack at work.
His body was being prepared for burial when a doctor, sent to sign his death certificate, discovered he was still warm.
Presumed dead: Mourners at an Egyptian funeral (file photo)
Family members were so convinced Mr [...]
by Charles Ornstein and Tracy Weber, ProPublica
After a patient died last year at a Veterans Affairs hospital in Manhattan, federal inspectors discovered nurses in his unit had a startling gap in their skills: They didn’t understand how the monitors tracking vital signs worked.
None of the nurses interviewed could accurately explain what would happen if a patient became disconnected from a cardiac monitor — which allegedly occurred to the patient who died, according to an October [...]
AP Photo/Djamila Grossman
WEST VALLEY CITY, Utah (AP) — A stray cat that survived two trips to a Utah animal shelter’s gas chamber now has a new home.
Officials at West Valley City’s animal shelter in Utah say the cat named Andrea hadn’t been adopted for 30 days when shelter officials tried to put her to death in October. She survived, so they gassed her again.
Shelter officials detected no vital signs and [...]
With his nation’s economy contracting under disaster damage of as much as 25 trillion yen ($310 billion), Bank of Japan Governor Masaaki Shirakawa is signaling that his biggest worry is inflation.
At stake for the student of Milton Friedman is protecting the bank’s independence from financing public spending, as urged by lawmakers after the record March 11 earthquake. Shirakawa, 61, instead oversaw a 40-trillion yen boost in short-term funds, eschewing the [...]
With his nation’s economy contracting under disaster damage of as much as 25 trillion yen ($310 billion), Bank of Japan Governor Masaaki Shirakawa is signaling that his biggest worry is inflation.
At stake for the student of Milton Friedman is protecting the bank’s independence from financing public spending, as urged by lawmakers after the record March 11 earthquake. Shirakawa, 61, instead oversaw a 40-trillion yen boost in short-term funds, eschewing the [...]
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