60 Completely Outrageous Ways The U.S. Government Is Wasting Money

by Michael

Is there anyone better at wasting money then the U.S. government?  Despite the sequester and all of the talk about “deep cutbacks”, the federal government continues to waste money in some of the most outrageous ways imaginable.  For example, does the U.S. government really have to spend hundreds of thousands of dollars to study the size and shape of the reproductive organs of ducks?  Does the U.S. government really have [...]

Senator Rob Portman comes out in favor of gay marriage after son comes out as gay.

WASHINGTON, D.C. –Republican U.S. Sen. Rob Portman on Thursday announced he has reversed his longtime opposition to same-sex marriage after reconsidering the issue because his 21-year-old son, Will, is gay.

Portman said his son, a junior at Yale University, told him and his wife, Jane, that he’s gay and “it was not a choice, it was who he is and that he had been that way since he could remember.”

“It allowed me [...]

Artificial Sweeteners Tied To Obesity, Type 2 Diabetes

CBC News
February 19, 2013

 

Diet Coke and other drinks that say the word “diet” contain the artificial sweetener aspartame.

Diet pop and other artificially sweetened products may cause us to eat and drink even more calories and increase our risk for obesity and Type 2 diabetes, researchers are learning.

 

Former McGill University researcher Dana Small specializes in the neuropsychology of flavour and feeding at Yale University in New Haven, Conn. Small said there’s [...]

Student Loan Bubble Forces Yale, Penn To Sue Their Own Students

We have not been shy about exposing the massive (and unsustainable) bubble of credit being blown into the economy via Student Loans from the government. We have not been afraid to note the dramatic rise in delinquencies among these loans - and the implications for the government. However, as Bloomberg reports, it appears the impact of this exuberance has come back to bite the colleges themselves. In what can only be described as a vendor-financing [...]

U.S. Housing Decline `Could Go On,’ Shiller Says

 

Jan. 24 (Bloomberg) Davos – Robert Shiller, a professor at Yale University and co-creator of the S&P/Case-Shiller index of property values, talks about the global economy and the U.S. housing market.

MARC FABER: `I’M HYPER BEARISH, SOMETIMES WANT TO JUMP OUT WINDOW’

When’s the Breaking Point? A Huge Breakout In Bullishness As US Macro Turns Negative – Worst In Almost 5 Months!! Global Jobless To Hit Record 200 Million This Year Due To The Seriousness of The Crisis. 

 

Buying Gold Is Best Bet in Worst-Case Scenario, Faber Says

Everyone should keep gold in their portfolios as the precious metal will be able to offer value to investors even in a worst-case scenario, said Marc Faber, the [...]

Stress Causes Brain To Shrink

connecticut.cbslocal.com
December 1, 2012

A new study has found that living a stressful life may lead to shrinking in important parts of the brain.

Researchers at Yale University saw reductions in the amount of gray matter in parts of the brain that control physiological and emotional functioning in those who endured significant amounts of stress.

According to a press release on Yale’s website, the study observed over 100 healthy participants by conducting magnetic resonance [...]

Buy and Hold Is Dead … Did It EVER Work?

by WashingtonsBlog

 

Is There a Better Way to Allocate Stocks?

CNBC, Market Watch, Forbes, Kiplinger, Wall Street Journal, CNN Money, The Street, Mark Cuban and others say that buy and hold is dead.

Lubos Pastor of the University of Chicago Booth School of Business and his colleagues have recently documented that buy and hold may never have been a viable investment strategy.

Wall Street Journal columnist Brett Arends wrote in 2010:

For years, the investment industry has tried to scare clients into staying fully invested in the stock market [...]

Stephen Roach – Fed is Destabilizing Dangerous Conditions

 

Oct. 4 (Bloomberg) — Stephen Roach, a professor at Yale University and former non-executive chairman for Morgan Stanley in Asia, talks about the U.S. economy, and Federal Reserve and European Central Bank policies. He speaks with Tom Keene, Sara Eisen, Scarlet Fu and Michael McKee on Bloomberg Television’s “Surveillance.” Bloomberg Industries analyst Poonam Goyal also speaks. (Source: Bloomberg)

http://bloom.bg/VznoC4

New chemical makes teeth ‘cavity proof’

Chemical could be added to toothpastes in year’s time
Kills bacteria that erode teeth
Single dose protects mouth for hours
‘Keep 32′ chemical could even be added to foods

A new chemical could make human teeth ‘cavity proof’ – and do away with the need for visits to the dentists forever.

The molecule has been called ‘Keep 32′ – after the 32 teeth in a human mouth.

The chemical was designed by dentists in Chile, and [...]

Great Recession took deep toll across U.S. states

The nation’s recent recession had a “broad and deep” impact across the United States, but certain states such as Florida and California were particularly hard-hit, according to a report released on Thursday.

The study, led by Yale University political science professor Jacob Hacker, found that while the U.S. Northeast was largely spared from the economic fallout in the years after the Great Recession, the U.S. South and West were hit harder.

Researchers [...]

HOW THE 1% LIVE? Average CEO Pay 2011 Nearly $10 Million At Public Companies: AP Study

From HUFFPOST:

Profits at big U.S. companies broke records last year, and so did pay for CEOs.

The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.

That was up more than 6 percent from the previous year, and is the second year in a row of increases. The figure is also the highest [...]

Could a plastic eating fungi save world from biggest man-made environmental catastrophe?

The world’s addiction to plastic packaging and products threatens to choke many of the eco-systems that life relies on for survival.

The usually synthetic material, which is most commonly made from petrochemicals, degrades very slowly because it’s complex chemical bonds make it resistant to natural processes of decomposition.

Since the 1950s, one billion tons of plastic are thought to have been discarded – and the waste may persist for hundreds or even [...]

Women who want to succeed at work should shut up – while ambitious men should keep talking, research says

It is a conclusion likely to upset most feminists – and perhaps even most women.

Female employees who want to succeed in the workplace should keep their mouths shut.

Research suggests that women who talk too much in the office are seen as less competent than their quieter peers.

For men however, the more often they voice their opinions the better they are seen at doing their jobs.

The researchers say that chatty women [...]

Researchers Developing ‘Stay-Sober’ Pill To Block Effects Of Alcohol

NEW HAVEN, Conn. (CBS Connecticut) – An experimental drug could stop people from getting drunk off alcohol and thus helping heavy drinkers wean off alcohol.

Yale University researchers are hypothesizing that the drug iomazenil, when taken before drinking, can weaken some of the effects of alcohol on the brain. According to a recent pilot study conducted by the researchers, the effects of alcohol on those people who took iomazenil caused people to [...]

The ‘stay sober’ drug that could stop alcohol making you feel drunk

Doctors are testing a drug that could stop alcohol making people drunk.

The researchers believe iomazenil, taken before drinking, might negate some of alcohol’s effects on the brain.

Tests in a driving simulator will determine whether the drug makes volunteer drinkers safer behind the wheel after imbibing.

The results of a pilot study suggest those who take iomazenil before drinking brake more quickly and are less likely to stray into the wrong lane.

But [...]

America’s suburban ghost towns: How soaring gas prices are forcing desperate homeowners to sell up and move to cities

City population growth surpasses suburban growth for first time in 20 years

Experts predict that ‘suburban house prices may not recover in our lifetime’

 

Recent figures show that metropolitan areas topped a list of the places with the highest population growth last year

U.S. suburbs which saw huge population growth a decade ago are dwindling to record lows as cash-conscious Americans shun the country in favour of city living.

New census estimates show homeowners [...]

The U.S. suburbs turning into ghost towns: How soaring gas prices are forcing desperate homeowners to move to big cities

City population growth surpasses suburban growth for first time in 20 years

Experts predict that ‘suburban house prices may not recover in our lifetime’

U.S. suburbs which saw huge population growth a decade ago are dwindling to record lows as cash-conscious Americans shun the country in favour of city living.

New American census estimates show homeowners are favouring big cities in record numbers, as population growth in more built-up areas surpassed that in [...]

Documents Reveal Rockefeller Foundation Actively Engaged in Mass Mind-Control

Jurriaan Maessen
Infowars.com
March 4, 2012

From archive material from the 1940s onward, it has become apparent that the Rockefeller Foundation has for decades now fanatically nurtured research into fear-inducing brainwashing techniques for the masses.

In a series of generous grants in the 1940s- and 50s, extended to Professor Carl I. Hovland of Yale University, the Foundation actively funded research into “the psychological mechanisms through which communications exert their influence.” Main research subject deals [...]

Anti-cancer fungus found to naturally eat away plastic waste

Jonathan Benson
NaturalNews
February 27, 2012

What if it was possible to eliminate much of the world’s otherwise very-slowly-biodegrading plastic waste using a natural Amazonian fungus? Well, it just might be, thanks to research conducted by Jonathan Russell and colleagues from Yale University‘s Department of Molecular Biophysics and Biochemistry, who recently discovered that Pestalotiopsis microspora effectively eats away polyurethane (PUR) plastics, and is capable of using plastic as its sole food source in both aerobic and anaerobic [...]

The Real Cause Of Obesity Is Beyond The Reach Of Weight Loss Drugs

by AP

WASHINGTON (AP) — The battle of the bulge has been a big, fat failure for U.S. drugmakers. But that hasn’t stopped them from trying.

For nearly a century, scientists have struggled to make a diet pill that helps people lose weight without side effects that range from embarrassing digestive issues to dangerous heart problems.

Earlier this week, a government panel recommended the FDA approve the latest diet drug Qnexa. The recommendation raises [...]

Obama’s DOJ Making it Harder for Military Families to Sue for Medical Malpractice

Noel Brinkerhoff, David Wallechinsky
All Gov
February 4, 2012

In defending the U.S. military’s medical system in court, the U.S. Department of Justice is arguing that service personnel and their families are not allowed to sue for medical malpractice regardless of the circumstance.

As a general rule, military members are barred from taking the government to court, which has been established in several court cases, in particular the 1950 Supreme Court decision inFeres v. United States. [...]

Canada is one of the few countries that will benefit from Global Warming:

From Canada.com­:

“Robert Mendelsohn­, an economics professor at Yale University­, says the benefits of global warming for Canada – from a longer growing season to the opening up of shipping through the Northwest Passage – will outweigh the negative effects.

“You’re lucky because you’re a northern-l­atitude country, Mendelsohn says. “If you add it all up, it’s a good thing for Canada.”

Economist Thomas Gale Moore, a senior fellow at the Hoover Institute says [...]

Occupy Harvard Mars Recruiting by Goldman

Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) are getting a chilly reception at top colleges including Harvard University and Princeton University as campus offshoots of Occupy Wall Street target investment-bank recruiting events.
Goldman Sachs canceled visits to Harvard and Brown University last week following a November incident where Occupy Harvard protesters attempted to enter a recruitment session. Students at Yale University, Princeton and Cornell University have also rallied at [...]

11 Signs International Students Are Taking Over America’s Universities

The council studied college enrollment data for students from China, India, South Korea, and the Middle East and Turkey

U.S. Ambassador to South Korea Kathleen Stephens with students

Image: Wikimedia Commons

Source: Council of Graduate Schools 

Of the countries surveyed, China has consistently been asked to send the most students abroad

Image: Council of Graduate Schools

Source: Council of Graduate Schools 

Admission offers to prospective international graduate students from all surveyed countries jumped to 9% in 2011, its biggest rise since [...]

APPLE Sued by Yale Professor Over Piracy Claims

David Gelernter is known for many things. As a pioneering computer scientist, he first earned renown by connecting computers together into collaborative networks. Then in 1993, he gained the kind of fame no one wants, as a victim of Theodore Kaczynski, the Unabomber, who mailed a pipe bomb to his office at Yale University that left him gravely injured.

David Gelernter survived an attack by [...]

Capitalism Collapse? ‘Cash grab system cannot survive storm’

There is barely a corner of the globe that has not been touched by the current financial meltdown. But a senior sociology scholar at Yale University thinks the crisis is far wider than the economic crash – it is capitalism itself which is collapsing. ­Immanuel Wallerstein explained his theory to RT.

Original source

David Swensen: Investment Advice Is One Of The Greatest Scams Of Our Time

Andrew Haigney, El CAP

David Swensen, Yale University’s Chief Investment Officer, published on August 13, 2011 an op-ed in the New York Times in which he shines a spotlight on one of the mutual fund industry’s dirty little secrets – the punitive nature of investment management fees.

In the article, “The Mutual Fund Merry-Go-Round,” Mr. Swensen, who oversees Yale’s colossal $16 billion endowment, calls for improved investor education [...]

A big problem for Obama in 2012: The glum and the restless – 1 out of 5 recent grads is unemployed:

By Jim Tankersley
National Journal

Here’s a fact that should give economists—and maybe President Obama’s political team—heartburn: Two years after the Great Recession officially ended, job prospects for young Americans remain historically grim. More than 17 percent of 16-to-24-year-olds who are looking for work can’t find a job, a rate that is close to a 30-year high. The employment-to-population ratio for that [...]

Shiller says stocks are 40 percent over-valued

If you watch financial television, you’ll hear frequently that “stocks are cheap.”

The S&P 500, analyst after analyst will tell you, is trading at about 15 times this year’s earnings (and even less on projected earnings), which is just below the long-term average.

So you may think that if you buy stocks today, you are getting a bargain.

But be careful!

Professor Robert Shiller of Yale University, who wrote the book [...]

If you want to lose weight, convince yourself that everything you eat is highly calorific

IF YOU want to lose weight, convince yourself that everything you eat is highly calorific. It could lower your levels of a hunger hormone, potentially suppressing your appetite.

Alia Crum at Yale University and her colleagues gave 46 healthy volunteers…

- Source

Japan’s Most Important Banker Sees Only Bubbles

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 [...]

Japans most senior bankster says there is great risk of severe global inflation that monetary policy easing has led to bubbles:

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 [...]

SHOCK: More than 25% of homes in USA ‘underwater’

More than 28 percent of U.S. homeowners owed more than their properties were worth in the first quarter as values fell the most since 2008, Zillow Inc. said today.

Homeowners with negative equity increased from 22 percent a year earlier as home prices slumped 8.2 percent over the past 12 months, the Seattle-based company said. About 27 percent of homes with mortgages were “underwater” in the fourth quarter, according to Zillow, which [...]

Regulators grow increasingly worried about steep cropland prices

Sowing bubbles http://www.economist.com/node/18586884

FINANCIAL regulators in America were criticised for doing too little about the country’s housing bubble. Now they face an early test of whether lessons have been learned: a farmland boom. The stakes are lower. America’s farms were collectively valued at just under $2 trillion last year, compared with $16 trillion for housing. But a bust would still be painful: more than 1,500 of [...]