Libya Now Flies al-Qaeda Flag

Surprising turn of events 

Explain this away please…

Watch those leverage ratios

A U.N. report suggest Iran is seeking a nuclear arsenal.

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Banks are booking losses

DOW back near highs of the day

”Gold rising in euro terms says to me that the market doesn’t expect good news from Europe,” he says. “All is not well.”

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Minus the cash against the debt on the books and see what you get. In a low yield world corporations can issue a ton of debt.

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Risks do remain to the downside

Worldwide sales were up 5.5%

Stocks spike on that news.

Ryanair is planning to screen porn on its flights.

Boss Michael O’Leary said he hopes to launch an in-flight web offer that mimics hotel room pay-TV services.

Passengers would be able to log into a Ryanair app using their iPads or smartphones. They could then pay to gamble, play games, watch a movie — or even view sex scenes.

Mr O’Leary told The Sun: “I’m not talking about having it on screens on the back of seats for everyone to see. It would be on handheld devices.

A spokesman said: “Nothing has been decided as yet.” But Bob Atkinson, of Travelsupermarket, said: “There may be a market for porn in hotels, but that’s in the privacy of a room. Anyone could see it on a plane. It’s wrong.”

AFP/GETTY IMAGES

President of Irish budget carrier Ryanair Michael O’Leary said he hops to launch an in-flight porn web offer.

To read more, go to The Sun.

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The proliferation of wireless access in this country has empowered an entire a generation of mobile workers. Working remotely has become a great new alternative for those seeking to buck the office-establishment.

Free from the chains of cubicle life, these workforce pioneers are now setting up shop at their local Starbucks. However, just like the traditional office has a workplace etiquette, the “coffee-shop office” also has own culture.

The Squatter.  Let’s get one thing straight, this ain’t Zuccotti Park, so don’t be pitching your tent in my Starbucks! There is nothing more annoying than the guy who sets up shop then leaves all of his stuff unattended at a table to head off for lunch or a trip to the gym.

Most shops are pretty small, which means table space is pretty scarce. Yet, this violator will have the audacity to ask you to watch his stuff while he whisks off to some other appointment at a nearby location only to return an hour later. To be fair, this tends to be more a rural Starbucks phenomenon. Anyone bold enough to pull this maneuver in any of the 500 plus Manhattan locations would likely return to find their office space looted.

The Aristocrat. Many a coffee shop will have both indoor and outdoor seating depending on the location and time of year. Without fail, there’s always that one overly-empowered “aristocrat” who feels they should set up shop in both locations, as if to have a second home of sorts. We the Starbucks taxpayers, end up funding this second home and paying the price in lack of space to operate.

These folks also tend to forget that Starbucks is not a traditional restaurant! They will happily make a mess at milk/sugar station and walk off leaving their table in complete disarray. It must have been nice to be raised by a staff who cleaned up after you.

The Line Diva. Without fail, wherever I travel I come across that annoying, not-so-self-aware individual standing in front of the counter chatting away on a cell phone as the barista patiently waits for the order. Really??? Who is so important that he or she must be on the phone while in line making everyone wait for the conversation to end?

What’s even more frustrating is that these folks tend to be seriously challenged when it comes to the art of multi-tasking. Seriously, hang up, make your order, and call back when you are clear of the line.

The Broadcaster. Some people struggle with the notion that other people actually exist in this world. I just don’t get why some people have to yell on their cell phones as if they are at home speaking to their hard-of-hearing grandmother. Is it too much to ask to be respectful of others while on the phone in a public place? These folks also like to Skype in public letting everyone become part of the conversation. In another life, these violators were likely circus performers of some sort that just need to express themselves. However, as eclectic as some Starbucks populations can be, this is not the Big Top!

At the end of the day we all need to be respectful of one another. So the next time you find yourself working remotely at Starbucks (or wherever your location choice) be sure to remember you aren’t alone!

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A conservative-leaning panel of federal appellate judges on Tuesday upheld President Barack Obama’s health care law as constitutional, helping set up a Supreme Court fight.

A panel of the U.S. Court of Appeals for the District of Columbia issued a split opinion upholding the law. The court agreed to dismiss a Christian legal group’s lawsuit claiming the requirement that all Americans get health insurance is unconstitutional and violates religious freedom.

The requirement has been the subject of several lawsuits, with some judges across the country ruling it unconstitutional and others upholding the law. That means the Supreme Court is sure to decide the fate of Obama’s signature law. The high court is expected to decide soon, perhaps within days, whether to accept appeals from some of those earlier rulings.

The suit in Washington was brought by the American Center for Law and Justice, a legal group founded by evangelist Pat Robertson. It claimed that the insurance mandate violates the religious freedom of those who choose not to have insurance because they rely on God to protect them from harm. But the court ruled that although the requirement is an encroachment on individual liberty, Congress had the power to pass it to ensure that all Americans can have health care coverage.

“The right to be free from federal regulation is not absolute and yields to the imperative that Congress be free to forge national solutions to national problems,” Judge Laurence Silberman, an appointee of President Ronald Reagan, wrote in the 2-1 opinion. Silberman was joined by Judge Harry Edwards, a Carter appointee.

Judge Brett Kavanaugh, a former top aide to President George W. Bush who appointed him to the bench, disagreed with the conclusion without taking a position on the merits of the law. He wrote a lengthy opinion arguing the court doesn’t have jurisdiction to review the health care mandate until after it takes effect in 2014.

SOURCE 

They are scheduled to have a bond auction on Thursday.

Apparently they aren’t worried about rising 10 yr yields.

Basically 77% of small business owners have no intentions of hiring near term.

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Apple often a gauge for the market is updated in a recent report.

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C.R.E.A.M.

“Stocks are less expensive than average,” he tells Yahoo. “We have price-earnings multiples on a forward basis of 12 now, and the average is probably 16. But if we continue in this sluggish period of economic growth, then 12 may still be too high.”

Major bull markets generally don’t begin until the P-E ratio comes down to single digits, Mullaney says. ”

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