Archive | June, 2010
Crude Oil Falls on Concerns China, U.S. Growth Is Slowing
Crude oil fell for a fourth day in New York, the longest losing streak in seven weeks, amid concern the economic recovery in the U.S. and China will slow, curbing demand in the world’s two largest energy consumers. Oil dropped 0.4 percent yesterday, capping the first quarterly decline since 2008, after reports showed a slowdown [...]
Continue reading...GM Adds New York, Austin to Initial Volt Launch
30 June 2010 – 10:01 pm PST
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GM’s chairman and chief executive, Edward Whitacre Jr., is expected to announce those plans today at a speech at the Austin Chamber of Commerce, the Wall Street Journal reported Wednesday. New York and Austin joins California, Michigan and WashingtonD.C. as the initial retail markets where Chevrolet will sell the Volt. The Chevrolet Volt is [...]
Continue reading...Changing Attitudes on the Value of an Education
30 June 2010 – 9:00 pm PST
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In response to Teenagers Scared Over Plight of their Parents; Attitudes – Bernanke’s Biggest, Most Futile Fight which was based on a comment on my blog by someone using the name “Nancy Drew”, please consider this response from “Projammer” Hello Mish Regarding your comment “Attitudes towards education and education costs have certainly started to change [...]
Continue reading...Calpers and Risk: Together Forever?
30 June 2010 – 8:20 pm PST
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Kit Roane of Fortune reports, Calpers and risk: Together forever? (HT: Bill Tufts): Before clocking a $100 billion loss in early 2009, the California Public Employees’ Retirement System, known as Calpers, had the swagger of a hedge fund and the certainty of a saint. Other pension funds followed its lead, loading up on leverage, investing [...]
Continue reading...Shanky’s GoM Report
30 June 2010 – 7:36 pm PST
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OK, how do I convey one of the most sickening things I have witnessed in my life? How do I address the fact that there is no way in hell that I will swim in that ocean no matter what the government claims says. How do I address the fact that there may be literally [...]
Continue reading...David Harvey’s Crisis of Capitalism, Animated
30 June 2010 – 7:30 pm PST
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David Harvey has been doing a lecture tour for his Marxist critique of both the financial crisis and the narratives told about it. I hadn’t heard the lecture, but just now, I got to see it animated. From the New York Observer, this is the lecture of the Crisis of Capitalism with animation: Click here [...]
Continue reading...Trading FDA, Clinical Trial Binary Events with Revised Bio Run-Up Strategy: $AMRN $CADX $EXAS
30 June 2010 – 5:28 pm PST
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Written by Tyler Trimbath. When playing a bio run-up stock in a down market, it may be useful to adjust your strategy… Several weeks ago I wrote an article on the bio run-up strategy explaining how a first-time investor should develop a strategy and stick with it. At this point we are in a market [...]
Continue reading...Statement from the President on the Passage of Financial Reform
30 June 2010 – 4:36 pm PST
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Today’s House vote in favor of Wall Street Reform puts us on the cusp of passing a law that will give consumers greater protection and safeguard our economy against future financial crises. It has been a long fight against the defenders of the status quo on Wall Street, but today’s vote is a victory for [...]
Continue reading...The President in Wisconsin: Who’s Helping and Who’s Hurting on the Economy
30 June 2010 – 3:54 pm PST
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“I know that towns like Racine are still hurting from this recession,” said the President at a town hall in Wisconsin today. “This city has the second-highest unemployment rate in the state, and I can only imagine how much pain that’s caused and how many lives have been upended.” It was something he hears about [...]
Continue reading...Couple recycles 400,000 cans to pay for wedding
30 June 2010 – 3:48 pm PST
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(Photo: Tyson / Yellow House Photography) When Peter Geyer caught the garter at a wedding last fall, his girlfriend Andrea Parrish immediately dropped to her knee, pulled out an opal earring, and proposed to him. Parrish admits they had been discussing getting married, so she was kind of prepared for such a moment just in [...]
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30 June 2010 – 11:25 pm PST
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