The VIX is up $0.95 or 6%.
The VXX is up $0.85 or 4.5% , but TVIX, (twice the VIX move,) is down $1.27 or nearly 9%…..fucktarded indeud.[youtube://http://www.youtube.com/watch?v=xTsvwBkVdKw 450 300] Comments »
“WASHINGTON — Two economists at the St. Louis Federal Reserve have published findings that indicate that Wall Street speculation is responsible for 15 percent of the increase in oil prices over the past decade, a finding with significant implications for the recent sharp rise in gas prices.
While politicians have little ability to alter the price swings of commodities like oil, regulators have both the authority and policy tools to do so. The Commodity Futures Trading Commission is responsible for overseeing the financial market for oil. The 2010 Wall Street reform bill gave the CFTC new power to limit excessive speculation, but the rule will not go into effect until later this year.
According to St. Louis Fed economists Luciana Juvenal and Ivan Petrella, speculation in oil markets was the second-biggest factor behind the past decade’s price run-up, behind increased global demand for oil, which accounted for 40 percent of the increase.
“Speculation was the second-largest contributor to oil prices and accounted for about 15 percent of the rise,” the economists wrote. “The effect that speculation had on oil prices over this period coincides closely with the dramatic rise in commodity index trading — resulting in concerns voiced by policymakers.”Comments »
SHOUTS & MURMURS
VIVE LA FRANCE
by Paul Rudnick MARCH 26, 2012
I am Marie-Céline Dundelle, and I do not need a book contract to reveal that French women are superior in all matters. Our secret lies in an attitude toward life, a point of view that I can only call Frenchy. For example, let us discuss weight loss. The American woman obsesses over every calorie and sit-up, while in France we do not even have a word for fat. If a woman is obese, we simply call her American. Whenever my friend Jeanne-Hélène has gained a few pounds, I will say to her, “Jeanne-Hélène, you are hiding at least two Americans under your skirt, and your upper arms are looking, how you say, very Ohio.”
To maintain my figure, I eat only half portions of any food, always arranging it on my plate in the shape of a semicolon. For exercise, at least once a day I approach a total stranger and slap him. And late each afternoon I read a paragraph of any work of acclaimed American literary fiction, which makes me vomit.
As for family life, Americans are far too concerned with a child’s self-esteem and accomplishments. The French woman knows that to build a child’s inner strength it is best either to completely ignore the child or to belittle him. As I was giving birth to my daughter, I refused to put down my copy of French Vogue. When it was over, I turned to my husband and remarked, “I have just had an unusually large bowel movement that will never be as attractive as me.” During my son’s thirteenth-birthday party, I ordered him to remove all his clothing, and I told the assembled guests, “You see? That is why we raised him as a girl.” My wisdom can be traced to the influence of my own mother. When I was five years old, I asked her, “What is love?” She took my small, flowerlike face in her slender hands and replied, “What do I look like, Yoda?”
Although we French are renowned for our sophistication in matters of romance, French men have a reputation for being cads. Americans will point a finger at Dominique Strauss-Kahn, who is indeed a portly, repugnant fellow and a man who has been accused of assaulting women. When asked about Strauss-Kahn’s participation in orgies, his lawyer stated that Strauss-Kahn may have been unaware that the women involved were prostitutes because they were naked. Yet Strauss-Kahn’s wife has stood by him, for a simple reason: because she has married a French man, at least she will never have to say, “My name is Mrs. Newt Gingrich.”
The French woman is known for being effortlessly chic. I have, in fact, offered tutorials on elegance to American women. I will hand an American an Hermès scarf and ask her to tie it somewhere on her body, anywhere but around her neck. A French woman might use the scarf to secure a ponytail, or she’ll knot it loosely around the strap of her Chanel handbag. Sadly, most of my American pupils either use the scarf as a makeshift sling or eat it. I have attempted to counsel many American women against overdressing. I told one woman, “I’m going to turn my back, and I want you to take off three things.” A moment later, when I faced her, the woman had removed her teeth, one of her eyes, and an Ace bandage.
French culture remains unmatched. Our films include rollicking farces, searing documentaries, and quietly explosive investigations of family life. In these films, to avoid vulgarity, nothing happens, and none of the actors’ faces ever move. French filmmaking has recently reached a peak with the almost entirely silent Oscar-winning movie “The Artist.” Truecinéastes say that the ultimate French film will be a still photograph of a dead mime.
The French woman has given so much to the world. Marie Antoinette alone has inspired books, movies, operas, and the hair style and perspective of Donald Trump. Our current First Lady, Carla Bruni-Sarkozy, is not only a role model but an ex-model. But the most glorious and eternal symbol of French womanhood is, of course, Joan of Arc, because she was a cigarette. ♦
Read more http://www.newyorker.com/humor/2012/03/26/120326sh_shouts_rudnick#ixzz1pgvEKaf5
[youtube://http://www.youtube.com/watch?v=uVDmNfMLJ-4 450 300]Comments »
DMX drives a car without a license because “he has a car” and once pulled someone over on road, posing as police officer (3:15)Comments »
I’ve just been informed that it is Steak and Blowjob day. I had no idea this day existed until now, but excited to find out such a day exist.
Celebrated on March 14th, Steak and Blowjob Day is a holiday for men, celebrated the month after Valentine’s Day — a holiday for women.
The idea is simple: no cards, flowers, candy or other whimsical gifts. Ladies, you simply bestow your partner with a steak and a blowjob. Not necessarily in that order.
[youtube://http://www.youtube.com/watch?v=CWB2G9reo2I 450 300]Comments »
Jose Canseco has been caught doping while trying to make a comeback in the Mexican League. That’s obviously not a shocker since the 47-year-old former slugger has been sticking needles where they don’t belong for years. What’s surprising is how he reacted to the news.
He sat down in-front of his computer, logged on to twitter and started threatening everyone imaginable. This is some quality, free entertainment!
Read the rest and see the tweets here.Comments »
CNN’s Soledad O’Brien’s venomously sarcastic interview with Breitbart.com editor-in-chief Joel Pollak culminated with her throwing out her definition of “Critical Race Theory” in the heat of her interview over the Obama/Bell Tapes released last night. Pollak had already requested that O’Brien define the term more than once, and at the 1:45 mark in the video below, she finally does. One problem–O’Brien’s definition appears to be lifted almost word-for-word from a wikipedia page, presumedly hurriedly communicated to Soledad in the midst of her interview.
A quick google search of O’Brien’s exact phrasing, in quotes, returns the Critical Race Theory wikipedia page as the first entry. Read and decide for yourself:
Soledad O’Brien: “Critical Race Theory looks into the intersection of race and politics and the law.”
Wikipedia entry on Critical Race Theory: “Critical Race Theory (CRT) is an academic discipline focused upon the intersection of race, law and power.”
O’Brien’s fumbling to come up with a response occurred when she attempted to challenge Pollak’s definition of critical race theory:
Soledad O’Brien: “That is a complete misreading of critical race theory. As you know, that’s an actual theory, and you could google it and someone would give you a good definition of it. So that’s not correct. So keep going.”
Joel Pollak: “In what way is it a critical misreading? Can you explain to me? Do you know what critical–Explain to your readers what critical race theory is.”
Soledad O’Brien: “I’m going to ask you to continue on. I’m just going to point out that that is inaccurate. Keep going.”
Pollak once again asked that she define it, at which point she inserted the wikipedia-esque response. See the video below.
Later in the video, O’Brien can be heard deflecting another question from Pollak, saying “You know what, someone was talking in my ear, so I couldn’t hear what you said.”
Related: VideoComments »
[youtube://http://www.youtube.com/watch?v=40hNSJEKUgo 450 300]
The dollar has been relatively the same for a few years….no ? Have we really lost that much ground against other currencies?Comments »