Shares are off by 17% due to their handling of the nuclear crisis.
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Joined Nov 11, 2007
31,929 Blog Posts
Crack Spreads Edge Higher
Crack spreads are up 0.80% to $23.17.
Comments »Hong Kong Stocks Turn Negative
The Fuel Rods Have Melted
Japan’s Edano announced the contamination near reactor no.2 is likely due to “melted fuel rods.”
Comments »American Terrorist Bill Ayers Admits He Wrote Obama’s Book Dreams
And the media goes wild and rabidly attacks Obama…Right? A terrorist wrote his book?
March 27, 2011
Ayers affirms he wrote Dreams from my Father
Jack Cashill
Last Thursday evening at Montclair State University, with a video camera rolling, Bill Ayers volunteered that yes indeed he had written the acclaimed Barack Obama memoir, Dreams from My Father.
Unprompted, Ayers also noted that while Dreams deserves its praise, Obama’s second opus, Audacity of Hope, is “more of a political hack book.”
Not surprisingly, Ayers retreated into irony as he ended the session. “Yeah, yeah,” he said after confirming again that he wrote Dreams, “And if you help me prove it, I’ll split the royalties with you. Thank you very much.”
With his final comment, the Ayers-friendly audience laughed in relief. The media will laugh nervously upon seeing the video as well. The White House will not.
Read the rest and see the video here.
Rumor: U.S. Boots on the Ground in Libya Soon
Bulgaria Feels Left Out; Protests Erupt
Fed Hits Panic Button: Monetary Base Goes Parabolic
Obama 2007: The American people have a right to know about and participate in the debate over U.S. foreign policy decisions and whether the nation uses military force.
Radiation Detected in Massachusetts Rain Water
Hedge Fund Bets $40 Million That Twitter Can Predict The Stock Market
“Last October, Johan Bollen and Huina Mao, professors of informatics and computing at Indiana University-Bloomington, caused a stir in the business world when they said Twitter could be used to predict the Dow Jones.
Paul Hawtin, a 28-year-old hedge fund manager, liked the idea so much that he’s now dedicating an entire hedge fund to it.
The original paper, entitled “Twitter mood predicts the stock market,” investigated whether “collective mood states derived from large-scale Twitter feeds” like OpinionFinder and Google-Profile of Mood States correlated with the value of the Dow Jones Industrial Average. What they found was that their algorithm not only paralleled market changes, it predicted them, with startling 87.6 percent accuracy.”
Read the rest here.
Comments »Cuomo Strikes Tentative Deal on N.Y. Budget With Big Cuts
Well hell, where are all the protesters? Cuomo is is cutting education, health care, and lowering taxes on high-income New Yorkers, and the people aren’t going bonkers in the streets and at the state capitol?
By NICHOLAS CONFESSORE and THOMAS KAPLAN
Published: March 27, 2011
Andrew M. Cuomo and leaders of the Legislature announced on Sunday the outlines of a $132.5 billion budget that would cut state spending, impose no major new taxes and begin a long-term overhaul of the state’s bloated Medicaid programs.
The agreement comes five days before the March 31 budget deadline, offering the prospect of Albany’s first on-time budget in five years, in what Mr. Cuomo and his counterparts in the Legislature said they hoped would signal a new day of responsible budgeting and effective government in a Capitol long criticized for its gridlock and dysfunction. The deal would end a temporary income tax surcharge on high-income New Yorkers, which some have called the “millionaire’s tax” even though it affects incomes starting at $200,000 annually.
Mr. Cuomo’s aggressive and strategic approach to negotiations appeared to have yielded significant victories, including a year-to-year cut of more than $2 billion in spending on health care and education, the two largest drivers of New York’s ever-growing budget. Mr. Cuomo and the Legislature also agreed to create a new Department of Financial Services by merging the existing state banking and insurance agencies, as well as other consolidations.”
Read the rest here.
Comments »Mining Companies May Not Meet Demand Despite Recent Expansion
Harry and David Edges Towards Bankruptcy
The maker of stupid gift baskets have fucked themselves for one final time. Only this time they will do so from bankruptcy court.
Comments »Global Quagmire to Slow Export Led Growth in America
Banks Resist Principal Write Downs for Home Owners
Depleted Uranium Bombs Dropped on Libya
Unrest in Syria (video)
[YouTube:http://youtu.be/HknkI0opFBA?a 550 400] [YouTube:http://youtu.be/IsiFxi9uRGg?a 550 400]
Comments »Correction: Radiation Levels at Fukushima Only 100,000 Times Normal
The sages at TEPCO put out a correction, saying radiation levels at plant no. 2 are 100,000 times normal and not 10 million.
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