“You have a phone. We will wait.”
Comments »The U.S. December Budget Deficit was $86 billion, Pushing the Federal Budget Shortfall to $322 Billion
The U.S. December budget deficit was $86 billion, pushing the federal budget shortfall to $322 billion http://trade.cc/yhj
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The Bears Are All Talk and No Action
State of the Union: The Private Sector Money Culture
Fed’s Lacker: Threats to Economy Worse Than Thought
FLASH: Car Sinks into Hudson River, 1 Person Rescued
A car went into the Hudson River Thursday morning at 96th Street and the Henry Hudson Parkway, and one person has been pulled from the water.
Divers were searching for more possible victims.
An FDNY spokesman said someone called in shortly after 10 a.m. to report the car in the water.
The rescued person has been taken to a hospital.
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U.S. Marines Urinating on Dead Taliban (VIDEO)
[youtube:http://www.youtube.com/watch?v=u0hmmJPFU1s 603 500]
Comments »The Consumer Electronics Show Hits Vegas
Workaholic Americans Now Afraid to Use Vacation Days Due to an Unstable Employment Market
Jerry Brown Puts Up a Wall With Republicans; Hoping Taxes Will Solve Debt Woes
Retail Sales Hit a 7 Month Low Point
Homeland Security Not Yet Monitoring iBankCoin
Fed’s Beige Book Reveals Economy Grew at a Moderate Pace
Where America’s Next jobs Are Coming From
Intrade States the Chances of Recession are Dropping Like a Stone
Corelogic Says Home Prices Continued to Fall in November
Robert Shiller Suspects a Bubble in U.S. Bond Markets
“The U.S. bond market surge that has pushed debt yields to record lows may constitute a “bubble,” said Robert Shiller, a Yale University economics professor who predicted the collapse of the U.S. housing market.
“I would say we’re at record low” on long-term rates, the co-creator of the S&P/Case-Shiller home-price index said today at a conference in Oslo.
There has been “gradually increasing confidence in U.S. debt” in the past 30 years, he said.
Demand for Treasurys has pushed U.S. government debt due in 10 years or more up 28 percent in the past 12 months, the most among 144 government-bond indexes compiled by Bloomberg and the European Federation of Financial Analysts Societies. Ten-year yields fell more than 140 basis points in 2011 as Europe’s debt crisis intensified.
Yields on benchmark 10-year notes fell two basis points, or 0.02 percentage point, to 1.95 percent at 8:11 a.m. New York time, according to Bloomberg Bond Trader prices. Yields dropped to a record low 1.67 percent on Sept. 23.
Shiller is also the author of “Irrational Exuberance,” a book published in 2000 that predicted the stock market collapse.”
Comments »COMPREHENSIVE #CES 2012 DAY 2 PREVIEW
Consumer Electronics Show: Complete coverage
The Consumer Electronics Show is in full swing now, with keynotes Wednesday focusing on some higher-level trends in the consumer technology world.
In the morning, Xerox, Verizon Communications and Ford will discuss innovation and its role in their companies’ success. In the afternoon, high-level marketing and communications officers from AT&T, General Electric, Hyundai, Facebook, Wal-Mart and Unilever will discuss marketing and branding on a global scale.
Hans Vestberg, president and chief executive of Ericsson, will also give a keynote address in the afternoon. The Swedish company is in a transition year. Ericsson ended its consumer electronics partnership with Sony but faces a greater demand for its mobile and wireless management services than ever before. The keynote speech should have some insights into the future of the mobile industry, even if it likely won’t have any flashy consumer product announcements.
This is also a day for policy at CES, with panels addressing a range of technology policy issues. Wednesday’s congressional panel features Reps. Marsha Blackburn (R-Tenn.), Lee Terry (R-Neb.), Cliff Stearns (R-Fla.), Darrell Issa (R-Calif.) and John Shimkus (R-Ill.), and probably will address the thorny issue of online piracy and copyright. Federal Communications Chairman Julius Genachowski is also speaking with the Consumer Electronics Association president, Gary Shapiro, while commissioners Mignon Clyburn and Robert McDowell will discuss spectrum and other policy issues on a panel moderated by The Washington Post’s Cecilia Kang.
Related stories:
Privacy rights activists worry about potential abuse of high-tech devices featured at CES event
CES 2012: What is an ultrabook, anyway?
PHOTOS: Cool gadgets unveiled at CES
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