Comments »WASHINGTON (MarketWatch) – The U.S. economy expanded at a 2.5% pace in the first three months of 2013, up from 0.4% in the fourth quarter, as consumer spending rose at the fastest rate in two years and businesses restocked warehouse shelves. Yet government spending fell sharply again ands imports surged to act as drags on economic growth, according to data released Friday by the Commerce Department. Economists surveyed by MarketWatch had forecast growth to rise to 3.2%, so the less-than-expected number could weigh on U.S. markets. Consumer spending – the motor of the U.S. economy – rose 3.2% to mark the sharpest gain since the end of 2010, though some of the increase was the result of higher oil prices. Inventories also soared to an estimated $50.3 billion after a scant $13.3 billion increase in the prior quarter, but that buildup is probably unsustainable. Final sales of U.S.-made goods and services, a more precise gauge of demand, rose a much smaller 1.5%. That matched the lowest increase in eight quarters. Investment in residential housing, a source of recent economic strength, jumped 12.6% to mark the third straight strong advance. Business spending on equipment and software rose 3%. In a bit of a surprise, military spending sank 11.5% after an unusually steep drop of 22.1% in the fourth quarter. And overall government spending fell 4.1% in the first three months of the year, perhaps partly reflecting federal spending cuts that began to take effect in early March. Meanwhile, imports surged 5.4% after falling 4.2% in the fourth quarter, spurred by higher oil prices. Americans had to pay more to fill up at the gas station. Exports climbed 2.9% after a 2.8% drop in the fourth quarter. Inflation as measured by the PCE price index rose at an annual rate of 0.9%, down from 1.6% in the prior two quarters. Core PCE rose slightly faster at 1.2% The GDP report will be refined through two further updates over the next few months.
Facebook Upgraded
Comments »$FB Facebook upgraded at Raymond James: Full Story bit.ly/ZyYjM0
— The Fly on the Wall (@theflynews) April 26, 2013
Boston Carjack Victim Speaks
Comments »The 26-year-old Chinese entrepreneur had just pulled his new Mercedes to the curb on Brighton Avenue to answer a text when an old sedan swerved behind him, slamming on the brakes. A man in dark clothes got out and approached the passenger window. It was nearly 11 p.m. last Thursday.
The man rapped on the glass, speaking quickly. Danny, unable to hear him, lowered the window — and the man reached an arm through, unlocked the door, and climbed in, brandishing a silver handgun.
“Don’t be stupid,” he told Danny. He asked if he had followed the news about Monday’s Boston Marathon bombings. Danny had, down to the release of the grainy suspect photos less than six hours earlier.
“I did that,” said the man, who would later be identified as Tamerlan Tsarnaev. “And I just killed a policeman in Cambridge.”
R.I.P. Richie Havens
[youtube://http://www.youtube.com/watch?v=oOQXvUiKnYM 450 300]
Comments »Final Watertown Shootout Caught on Video
http://www.youtube.com/watch?v=796UFHldHM4
Comments »Read the Tweets of Suspected Boston Bomber Dzhokhar A. Tsarnae
Gawker.com has cracked open the tweets of one of the suspected bombers…
“A cached profile photo that matches his picture, and tweets from other users he’s interacted with suggest that this is the twitter account of 19-year-old Dzhokhar A. Tsarnaev, the fugitive suspect #2 in the Boston Marathon bombings: @J_tsar. The account is listed under the name “Jahar,” which is what classmates called him because his full name was hard to pronounce.
Surprisingly, Tsarnaev has been active on Twitter since the bombing. His last tweet was on Wednesday, two days after he is alleged to have helped carry out the Marathon bombing…”
Comments »Documentary: Standing Army
The U.S. is largely a Christian nation that goes by the religious motto of “Do onto others as you would have them do onto you.”
This country was founded for many reasons, of which do not seem to be upheld by our behavior.
Call it human nature, call it…. manipulation by a few. It is your duty as a citizen to be informed and to insist we adhere to a moral compass.
Otherwise, your patriotism and unspoken support of our behavior are complicit in allowing Devil like behavior to reign over this world.
Cheers on your weekend!
[youtube://http://www.youtube.com/watch?v=vCWdCKPtnYE 450 300]Comments »
Is the Fed Really Considering Ending the Fractional Reserve System ?
[youtube://http://www.youtube.com/watch?v=7VOWnnEphjI 450 300]
Comments »60-70% of Americans Don’t Even Try to Pull Themselves Up by the Boot Straps
[youtube://http://www.youtube.com/watch?v=39lKIyehz9k 450 300]
Comments »“That’s Not Illegal….WTF?”
[youtube://http://www.youtube.com/watch?v=N3PLJUepISw 450 300]
Comments »A Conundrum
[youtube://http://www.youtube.com/watch?v=oBO2I2QRPLQ 450 300]
Comments »A Word From Alex Jones
[youtube://http://www.youtube.com/watch?v=rEYoxwllFKc 450 300]
Comments »Please Don’t Be a “Muslim”
I for one heard many people react verbally against Muslims and felt disgust for those jumping to such conclusions.
Again by posting this i am not making a statement about the recent events, but i think it is important to explore all facets of a complicated ongoing story.
[youtube://http://www.youtube.com/watch?v=TBobEiXInxQ 450 300] Comments »Bipartisan Study Concludes Bush Administration “Indisputably” Sanctioned U.S. Use of Torture
Arrest Imminent in Marathon Bombing
BREAKING: Law enforcement official: Arrest imminent in marathon bombing, suspect to be brought to court.
-CNBC
Comments »I Don’t Want to Study History Anymore
By posting this i am not making a statement about recent events in Boston.
The study of history has made me sick over the past few years and i hope this is just a random act of a crazy person or persons.
Let us be thankful that the event in Boston was not bigger than it could have been….let us send love and condolences to the families harmed by this tragedy.
[youtube://http://www.youtube.com/watch?v=oOVICOudMVI 450 300]Comments »
Boston Marathon explosion {VIDEO}
SGT. Kristen Edwards Speaks Out
[youtube://http://www.youtube.com/watch?v=rAxXyMAmBMs 450 300]
Comments »Privacy is Dead
[youtube://http://www.youtube.com/watch?v=TEdasNdp8C8 450 300]
Comments »Documentary: Shadows of Liberty
It has often been said that media paints a picture for us to view. If you do not seek out alternative media and news outlets then you will be left with a truly different picture compared to reality.
The next time you argue with a friend, colleague, family member, etc you must ask yourself if you truly know and have all the facts. Have you done your research or are you arguing someones opinion and or indoctrination.
More importantly, you should consider if you have been divided and conquered via information distortion.
Cheers on your weekend!
[youtube://http://www.youtube.com/watch?v=UmNV8_VBGX0 450 300] Comments »
