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Archive for April, 2012

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Big Companies HAVEN’T Repaid Tarp Funds and Funds to Help Homeowners HAVEN’T Paid

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

29/04/2012

Apologists for government bailouts push two main myths:

That all of the bailout funds have been repaid
That the bailouts helped the average American
But the official government overseer of the Tarp bailout program – the special inspector general for TARP, Christy L. Romero – has debunked both myths.
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Britain’s richest see fortunes rise to record high

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

28/04/2012

Britain’s wealthiest people saw their fortunes rise to record levels last year, according to the annual Sunday Times Rich List, at a time when most Britons’ earnings and savings were squeezed by inflation and low interest rates.

The combined wealth of Britain’s 1,000 richest people swelled by almost five percent to more
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Residents of Los Angeles Have the Best Breath in America?

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

28/04/2012

Have you ever noticed people have better breath depending on what city you’re in?

I haven’t.

But the people at Dentyne gum figured that with Spring Break coming up, there might be some smooching going on.
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Getting Around Madrid

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

28/04/2012

Though wandering around the streets of Madrid is a great way to see the city, be sure to take advantage of the fantastic public transportation system in the capital.

Getting to Madrid From the Airport
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Do You Make Friends When You Fly?

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

28/04/2012

I just got back from a trip to Washington, D.C. And something I noticed on the flight home is that, when I fly, I generally end up making friends with someone on the plane.

So it got me thinking about how common that is.

And luckily for me, Skyscanner had the answer: it turns out,it’s relatively common.
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The Family Farm Is Being Systematically Wiped Out Of Existence In America

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

28/04/2012

An entire way of life is rapidly dying right in front of our eyes. The family farm is being systematically wiped out of existence in America, and big agribusiness and the federal government both have blood all over their hands.

According to the U.S. Department of Agriculture, the number of farms in the United States has fallen from about 6.8 million in 1935 to only about 2 million today.
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Tea price spike brews Argentina inflation fears

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

28/04/2012

Yerba mate tea sipped through a metal straw is as Argentine as steak or tango, so a surge in prices for the nation’s favorite hot drink is proving worrisome for President Cristina Fernandez.

Inflation in Latin America’s No. 3 economy is already running at up to 25 percent per year, according to independent economists, one of the highest rates in the world.
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Is the Student Loan Bubble About to Burst?

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

26/04/2012

In February of this year, the S&P warned that student loans may be the next bubble to burst in US economy. Moody’s also issued a similar warning in 2011.

With the interest on student loans set to double on July 1st, will it pop the student loan bubble, or is it the necessary medicine to slow down the growth of the bubble?
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Paris glitterati holds breath over Ritz renovation

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

26/04/2012

Enter the Ritz Paris and a well-heeled hush envelopes the senses.But the calm will soon give way to the sound of construction, as the five-star hotel undergoes a two year renovation designed to refresh the gem on the Place Vendome known as one of the most elegant addresses in Paris.
The former home of fashion designer Coco Chanel and author Marcel Proust – and a favorite drinking
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Gypsy roots, desert blues, bluegrass top world music

Author: 7b7bc2512ee1fedcd76bdc68926d4f7b

26/04/2012

Sitar player Anouska Shankar, whose album “Traveller” takes a journey through the music of India and Spanish flamenco to explore their shared Gypsy roots, was named Best Artist in Songlines magazine’s annual world music awards.At a time of political unrest in Mali, artists from there took two awards – veteran Sahara Desert bluesmen Tinariwen were named as Best Group while their young
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Pentagon’s ‘lost’ trillions went to people connected to US military-industrial complex

Former Republican congressman and presidential candidate Ron Paul has said that “the Pentagon’s lost trillions have nothing to do with defense, adding that the “money propping up the high lifestyles of those connected to the military-industrial complex.” Dr. Paul, a three-time American presidential candidate and the founder of the Ron Paul Institute for Peace and Prosperity, made the remarks in an article published by his website on Monday. Deputy US Secretary of Defense Patrick Shanahan has recently acknowledged that the Pentagon has failed its first-ever comprehensive audit, saying, “We failed the audit, but we never expected to pass it.” “It was an audit on a $2.7 trillion dollar organization, so the fact that we did the audit is substantial,” Shanahan claimed. The first-ever audit of the of the $2.7 trillion enterprise that is the Pentagon identified widespread problems in cybersecurity, but found little in the way of savings that could offset potential budget cuts next year, according to officials. Pentagon’s comptroller David Norquist, who has played a key role in the audit, said after the report release that although no glaring instances of fraud were detected in the US military establishment, its Army, Navy, Air Force, Marines, Special Operations and the Transportation Command all received failing grades.

“The Outlook For The Global Economy Has Deteriorated”: Oil, Copper And Lumber

Oil, copper and lumber are all telling us the exact same thing, and it isn’t good news for the global economy. When economic activity is booming, demand for commodities such as oil, copper and lumber goes up and that generally causes prices to rise. But when economic activity is slowing down, demand for such commodities falls and that generally causes prices to decline. In recent weeks, we have witnessed a decline in commodity prices unlike anything that we have witnessed in years, and many are concerned that this is a very clear indication that hard times are ahead for the global economy. Let’s talk about oil first. The price of oil peaked in early October, but since that time it has fallen more than 25 percent, and the IEA is warning of “relatively weak” demand out of Asia and Europe…

Amazon Rolling Out ‘Amazon Pay’ Digital Wallet In Physical Stores

As FAANG stocks lead the market lower during what has become a relentless Q4 selloff, Amazon is hoping to reassure anxious investors that the company's relentless expansion and revenue growth will continue. To wit, the company is taking another big step toward establishing itself as the American WeChat or Alipay as it seeks to become the dominant player in electronic consumer payments in the US and beyond. According to the Wall Street Journal, the e-commerce giant is hoping to undercut Apple's Apple Pay by persuading more brick-and-mortar merchants to accept its Amazon Pay digital wallet. As it tries to build a foothold in payments outside of its Amazon Go stores, the company is reportedly focusing on building partnerships with restaurants and gas stations (businesses that have yet to be scalped by the Bezos revenue-absorption machine). To entice owners to give Amazon Pay a try, the company is dangling what appears to be a pretty enticing carrot: Amazon is promising to lower processing costs at a time when so-called "interchange" fees charged by Visa and MasterCard have been rising.

YouTube Lets California Fire Conspiracy Theories Run Wild

The Camp Fire in California has killed at least 79 people, left 699 people unaccounted for, and created more than a thousand migrants in Butte County, California. In these circumstances, reliable information can literally be a matter of life death. But on YouTube, conspiracy theories are thriving. Currently, when a user starts typing “California fire” into YouTube, the top autocomplete search suggestions are “conspiracy 2018,” “agenda 21,” and “laser beam,” all of which refer to conspiracy theories related to California’s wildfires. Similarly, typing in “California wildfire” leads YouTube to suggest “lasers,” “directed energy weapon,” and “dew,” which is an acronym for “directed energy weapon.” Simply typing “California fire” and searching it does return straightforward news coverage, which is an improvement over, say, the false flag and crisis actor conspiracies YouTube was surfacing about the Marjorie Stoneman Douglas High School mass shooting earlier this year. Believers of this false California wildfire conspiracy theory think that the US government shoots directed energy weapons, or lasers, from a plane in order to to start fires at predetermined targets. The goal of this attack, which is not actually happening, is to support a bastardized interpretation of “Agenda 21,” a sustainable development plan developed by the United Nations in 1992. This conspiracy theory also gained a little bit of traction on Twitter. The conspiracy theorists use doctored or out-of-context images in order to falsely argue that directed energy weapons, or laser beams, caused the wildfires in California—not climate change. By incorrectly claiming that the houses were consciously struck, these theorists ignore ecological science which explains that the arrangement of homes and topography of the land