Investors face more than 70 pct loss in Greek deal
BRUSSELS (AP) - Investors participating in a deal to slash Greece's massive debt would face an overall loss on their bond holdings of more than 70 percent, a person involved in with the negotiations said early Tuesday.
Monday, January 30, 2012
Sunday, January 29, 2012
Forget global warming - it's Cycle 25 we need to worry about (and if NASA scientists are right the Thames will be freezing over again)
Forget global warming - it's Cycle 25 we need to worry about (and if NASA scientists are right the Thames will be freezing over again) Mail Online
The supposed ‘consensus’ on man-made global warming is facing an inconvenient challenge after the release of new temperature data showing the planet has not warmed for the past 15 years.
The figures suggest that we could even be heading for a mini ice age to rival the 70-year temperature drop that saw frost fairs held on the Thames in the 17th Century.
Based on readings from more than 30,000 measuring stations, the data was issued last week without fanfare by the Met Office and the University of East Anglia Climatic Research Unit.
It confirms that the rising trend in world temperatures ended in 1997.
The supposed ‘consensus’ on man-made global warming is facing an inconvenient challenge after the release of new temperature data showing the planet has not warmed for the past 15 years.
The figures suggest that we could even be heading for a mini ice age to rival the 70-year temperature drop that saw frost fairs held on the Thames in the 17th Century.
Based on readings from more than 30,000 measuring stations, the data was issued last week without fanfare by the Met Office and the University of East Anglia Climatic Research Unit.
It confirms that the rising trend in world temperatures ended in 1997.
Saturday, January 28, 2012
Forget about Economic Recovery: Obama Is Toast
Spengler » Forget about Economic Recovery: Obama Is Toast
The official unemployment rate may have fallen, slightly, but the real unemployment rate — the number of working-age Americans who aren’t working — rose from about 12% before the 2008 crisis, to about 23%, and hasn’t come down.
That includes people who have retired early because they can’t find work, spouses who used to earn a second income but have gone back to homemaking because work isn’t available, self-employed people whose businesses have collapsed, young people who live in their parents’ basement because they can’t afford tuition and can’t find work.
The official unemployment rate may have fallen, slightly, but the real unemployment rate — the number of working-age Americans who aren’t working — rose from about 12% before the 2008 crisis, to about 23%, and hasn’t come down.
That includes people who have retired early because they can’t find work, spouses who used to earn a second income but have gone back to homemaking because work isn’t available, self-employed people whose businesses have collapsed, young people who live in their parents’ basement because they can’t afford tuition and can’t find work.
Friday, January 27, 2012
Occupiers vs. The Constitution
Breitbart.tv » Occupiers vs. The Constitution
Can members from Southern Occupy movements answer four basic questions about our Government?
The video that answers the question "are they really that dumb?"
Can members from Southern Occupy movements answer four basic questions about our Government?
The video that answers the question "are they really that dumb?"
Unemployment rates up in December, down for 2011
Unemployment rates up in December, down for 2011 MLive.com
While not great, the unemployment picture in Muskegon County is improving.
The county had ended 2010 with a 13.4 percent unemployment rate.
However, much of that improvement is due to a reduction in the labor force.
While not great, the unemployment picture in Muskegon County is improving.
The county had ended 2010 with a 13.4 percent unemployment rate.
However, much of that improvement is due to a reduction in the labor force.
Success hasn't changed Tom Izzo
Andy Katz Blog - ESPN
I've covered the sport since I was in college in the late '80s and there has never been someone who has achieved so much success that defines true character than Izzo.
I've covered the sport since I was in college in the late '80s and there has never been someone who has achieved so much success that defines true character than Izzo.
S/lt Riley's P-38
S/lt Riley's P-38
La Ciotat's P-38 Lightning, Rhône's delta, France
Pilot : second lieutenant James G. Riley Jr.
Rest in peace Uncle Jim
La Ciotat's P-38 Lightning, Rhône's delta, France
Pilot : second lieutenant James G. Riley Jr.
Rest in peace Uncle Jim
THE YEAR IS YOUNG: Worst News Story of 2012? “
Instapundit » Blog Archive » THE YEAR IS YOUNG: Worst News Story of 2012?
THE YEAR IS YOUNG: Worst News Story of 2012?
“That’s right; Reuters wrote that Rubio voted against Obamacare, but, as with Sotomayer’s nomination, he wasn’t in the Senate yet.
This kind of journalistic incompetence is stunning.
How can any reporter–here, David Adams of Reuters–write that Rubio voted a certain way, without even checking to make sure he was in office at the time?
And where did the false idea come from in the first place?”
Um, Media Matters, maybe? Just a wild guess . . . . Of course, calling this “incompetence” is charitable.
Posted by Glenn Reynolds at 11:33 pm
THE YEAR IS YOUNG: Worst News Story of 2012?
“That’s right; Reuters wrote that Rubio voted against Obamacare, but, as with Sotomayer’s nomination, he wasn’t in the Senate yet.
This kind of journalistic incompetence is stunning.
How can any reporter–here, David Adams of Reuters–write that Rubio voted a certain way, without even checking to make sure he was in office at the time?
And where did the false idea come from in the first place?”
Um, Media Matters, maybe? Just a wild guess . . . . Of course, calling this “incompetence” is charitable.
Posted by Glenn Reynolds at 11:33 pm
Thursday, January 26, 2012
The Volokh Conspiracy » Charles Murray on Elite Ignorance of Ordinary Americans
In his new book, Coming Apart: The State of White America, 1960–2010, Charles Murray argues that a new elite class has emerged that is much more ignorant about the lives of ordinary Americans than were the elites of earlier generations:
The Ruinous Reign of Race-and-Gender Historians
The Ruinous Reign of Race-and-Gender Historians
In a significant case involving history (the Montana court relied heavily upon the scholarship and words of historians to reach its conclusions), all the books cited were more than 35 years old.
And that wasn't a coincidence: the kind of U.S. history relevant to influencing legal and public policy debates increasingly has been banished from an academy obsessed with scholarship organized around the race/class/gender trinity.
In a significant case involving history (the Montana court relied heavily upon the scholarship and words of historians to reach its conclusions), all the books cited were more than 35 years old.
And that wasn't a coincidence: the kind of U.S. history relevant to influencing legal and public policy debates increasingly has been banished from an academy obsessed with scholarship organized around the race/class/gender trinity.
Wednesday, January 25, 2012
Japan shutting down all nuclear plants
Japan shutting down all nuclear plants News24
Before the disaster, around 30% of Japan's electricity was nuclear generated.
Before the disaster, around 30% of Japan's electricity was nuclear generated.
'Look Ma! No cavities!' Wired report examines fluoride effort that started in Grand Rapids
'Look Ma! No cavities!' Wired report examines fluoride effort that started in Grand Rapids MLive.com
Before the fluoridation began, 32,000 city school children, plus control groups of 8,000 kids in Muskegon and Aurora, Ill., were given complete dental examinations.
After eight years, the Grand Rapids kids showed reductions of 50 to 70 percent in tooth decay rates.
Before the fluoridation began, 32,000 city school children, plus control groups of 8,000 kids in Muskegon and Aurora, Ill., were given complete dental examinations.
After eight years, the Grand Rapids kids showed reductions of 50 to 70 percent in tooth decay rates.
New iPads for Fruitport school board members paid for with bond funds
New iPads for Fruitport school board members paid for with bond funds MLive.com
The school district spent $3,000 for iPads for all of the seven board members, said Superintendent Bob Szymoniak.
Gimme a break!
The school district spent $3,000 for iPads for all of the seven board members, said Superintendent Bob Szymoniak.
Gimme a break!
Why the United States Will Never, Ever Build the iPhone
Why the United States Will Never, Ever Build the iPhone - Jordan Weissmann - Business - The Atlantic
Here are four basic lessons that we can learn from Apple's manufacturing:
Here are four basic lessons that we can learn from Apple's manufacturing:
Muskegon Mayor Steve Warmington asking citizens to be involved in their neighborhoods
Muskegon Mayor Steve Warmington asking citizens to be involved in their neighborhoods MLive.com
“We need to become friendly again,” Warmington told the Nelson association members, in a message he has repeated at seven other neighborhood association meetings.
Warmington has another five neighborhood meetings, concluding March 19 with the Oakview and Sheldon Park association.
“We need to become friendly again,” Warmington told the Nelson association members, in a message he has repeated at seven other neighborhood association meetings.
Warmington has another five neighborhood meetings, concluding March 19 with the Oakview and Sheldon Park association.
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