Lots of stuff happening this week above and beyond elections. Some predict volatility for equities. Here is what to look for.
Comments »Monthly Archives: November 2012
CHANOS: China Has Just Entered The Credit Python’s Deleveraging Digestive Tract
East Coast May Have to Brace for Another Nor’easter, Snow Expected This Time
Thankfully, this will be nothing like Sandy. All we need is Jack Frost to exhale and we could enjoy some snow….the stuff we did not get last year.
Comments »Nikkei Trying to Pare a Gap Down of .50%
The Nikkei gapped down a little over half a percentage point; currently the market is paring its losses.
Comments »Video: Moment New Yorkers Got Their Lights Back
Student stabbed 25 times in his sleep
Comments »A 19-year-old American student has regained consciousness on Friday after allegedly being stabbed by his best friend, who says he has no recollection of the events after a drug-fueled night of Halloween partying in Italy’s capital.
The victim, New Jersey-born Fabio Malpeso, was in intensive care and listed in critical condition after his roommate allegedly stabbed him 25 times early on Thursday morning while he slept.
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Now We Are Free
[youtube://http://www.youtube.com/watch?v=7UA0FSFABmw 450 300]
Comments »Of Foreign Lands and People
[youtube://http://www.youtube.com/watch?v=0zA6bJsDfvM 450 300]
Comments »The Flower Duet
[youtube:http://www.youtube.com/watch?v=8Qx2lMaMsl8 450 300]
Comments »Myth Busting on Deficit Spending
What you are about to see goes against what is imprinted in your brain.
If you do the research this meme arose over the past 60 years and has wrongfully accused the wrong side for being big government spenders ever since….
[youtube://http://www.youtube.com/watch?v=FiW5I95R5xg 450 300] Comments »LSU vs. Alabama 2012 Trailer
Game starts at 8pm ET. Go Tigers!
Comments »A photograph taken Wednesday night, showing the Island of Manhattan, half aglow and half in dark
Be All You Can Be
Using a cliche statement like the title above is really the best way to describe what this article is about. Some people feel that they are limited by their environment, knowledge, and or general circumstances to change up their scenario. But if you want to overcome those fears you must have a plan of attack to break out or make it where you want to go.
Comments »El-Erian: There’s Another Financial Crisis That’s Just As Dangerous As The Sovereign Debt Crisis
In a nutshell the banking system is not back to par by any means. This leaves 99% of society without means to rollover and manage debt properly.
Comments »Disseminating Truth From Lies in the Heat of a Campaign
“WASHINGTON (AP) — And now, to conclude, a few parting misstatements.
Come Wednesday, or sometime later if the election result is still in the balance, only one man will be left standing and the loser’s inventory of misleading claims, out-of-context assertions and warped-reality advertising will fade into some inglorious corner of history. But we’re not quite done with them yet.
In campaign speeches that serve as closing arguments, President Barack Obama and Republican rival Mitt Romney are still at it. Romney is still misrepresenting the impact of Obama’s health care law on your wallet. Obama is still masking the sticker shock of his plan to tax the rich.
Call it a perfect storm of Frankenfacts. Here’s a sampling of the claims coming from the stump and the airwaves in the campaign’s 11th-hour tempest:”
Comments »$KRFT Finalizes a $650 Million Restructuring Plan
“(Reuters) – Kraft Foods Group Inc , which sells Planters peanuts, Oscar Mayer lunch meat and Velveeta cheese, said it approved a $650 million restructuring plan related to its spin-off from Kraft Foods Inc in October.
The company said the restructuring cost involves severance related to the spin-off, asset disposals and other one-time expenses.
Kraft Foods Group said about half of the total restructuring cost is expected to result in cash expenditures. In addition to the restructuring, the company also approved related capital expenditures of $200 million.
It expects to complete the restructuring by the end of 2014.”
Comments »70% of Business and Residents Get Power Back in Lower Manhattan
“(Reuters) – The lower Manhattan skyline lit up early Saturday morning for the first time since superstorm Sandy slammed into the U.S. Northeast while thousands of storm victims in New Jersey and elsewhere remained in the dark and awaiting disaster relief.”
Comments »Berkshire Profit Climbs 72% on Derivatives, Railroad
“Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) said profit climbed 72 percent in the third quarter as a stock-market rally helped improve results in the derivatives book and earnings at the railroad climbed.
Net income rose to $3.9 billion, or $2,373 a share, from $2.28 billion, or $1,380, a year earlier, the Omaha, Nebraska- based company said today in a statement. Operating earnings, which exclude some investment results, were $2,057 a share, missing the $2,063 average estimate of three analysts surveyed by Bloomberg.”
Comments »They are finding bodies left and right
Comments »It’s so bad here, a lot worse than how its being portrayed by the media. They are finding bodies left and right, elderly people who don’t even watch the news or who knew the storm was coming. I was just with one of my best friends from high school and college, and his house is completely gone. One story I heard was about this one guy who evacuated his house during Hurricane Irene but then it got looted. So when they told him to evacuate for Sandy, he said, ‘I’m not leaving.’ Now they can’t find him, his 13-year-old daughter is dead, and his wife is in critical condition at the hospital. These are the stories. My stepfather and my mother, I love them to death. But when they heard the storm was coming, they said, ‘It’s not going to be that bad. Irene didn’t do anything.’ They had two flashlights and a couple of scented candles. Little did they know. It’s just not worth it. If you’re told to evacuate, you need to get out.