Archive for the 'Economy' Category
Morganza Spillway Will Be Opened for First Time in 38 Years
May 15th, 2011Via: Weather Channel / AP: Louisiana Gov. Bobby Jindal says federal officials have been given approval to open a Louisiana spillway as early as Saturday to avert a Mississippi River disaster in places like Baton Rouge and New Orleans. Jindal said Friday that the Army Corps of Engineers had received permission to open the Morganza […]
Billionaire Found Guilty of Insider Trading
May 12th, 2011Via: BBC: US hedge fund billionaire Raj Rajaratnam has been found guilty of making tens of millions of dollars from insider trading. The unanimous verdict, which he plans to appeal, ends an eight-week trial in what prosecutors call the largest hedge fund insider trading case in history. Central to the prosecution’s evidence were tapped phone […]
The God of High Places
May 12th, 2011Via: Declarations of Interdependence: It is time for you to hear this, whether it be dangerous knowledge or not. Understanding the methods and motives of the worship of the God of High Places is very important for the future viability of the human race. I am just a squirrel, eating an acorn in the boughs […]
Father Secretly Used Full THC Cannabis Oil to Cure Son’s Terminal Brain Cancer
May 12th, 2011For the complete story about full THC hemp oil, how to make it, dosages, testimonials, etc., see: phoenixtears.ca. Via: ABC News: Doctors said 2-year-old Cash Hyde would likely die after they found a stage 4 brain tumor surrounding his optic nerve just a year ago this week. And he nearly did. After being subjected to […]
Britain: Babies to Be Given Anti-Obesity Drugs in the Womb
May 12th, 2011Via: Telegraph: One hundred obese mums-to-be will be given Metformin as part of a three-year study to tackle obesity rates and reduce the number of difficult births. Patients at Liverpool Women’s Hospital will be given the drug to reduce the food supply to their unborn babies, although it will not help the mums themselves to […]
Algorithms Trying to Swindle Each Other
May 12th, 2011Via: London Review of Books: The deals that used to be struck on trading floors now take place via ‘matching engines’, computer systems that process buy and sell orders and execute a trade if they find a buy order and a sell order that match. The matching engines of the New York Stock Exchange, for […]
Silver: 38.2% Fibonacci Retracement Capped Dead Cat Bounce
May 11th, 2011Warning: This is not a recommendation to buy, sell or hold any financial instrument. The difference between the 38.2% Fibonacci retracement level and the high on the candle was just 4.8 cents. Man, that thing weirds me out sometimes. Here’s the post where I mentioned the retracements on this large move down. So, what’s next? […]
Postal Service Reports Billions in Losses
May 11th, 2011Via: AP: The Postal Service is continuing to hemorrhage money, reporting a loss Tuesday of more than $2 billion over the first three months of the year and warning it could be forced to default on federal payments. Such a default would not interrupt mail service to millions of Americans, but it could further hobble […]
Ireland: Government Raids Private Pensions to Pay for Spending
May 11th, 2011Via: Business Insider: The Irish government plans to institute a tax on private pensions to drive jobs growth, according to its jobs program strategy, delivered today. Without the ability sell debt due to soaring interest rates, and with severe spending rules in place due to its EU-IMF bailout, Ireland has few ways of spending to […]
PIMCO Raises Bet Against U.S. Government Debt
May 10th, 2011Via: Reuters: PIMCO’s Bill Gross, the manager of the world’s largest bond fund, raised his bet against U.S. government-related debt in April to 4 percent from 3 percent, according to the company’s website on Monday. The increase, albeit small, follows Gross’ move to ratchet up his bearishness in March by taking his initial short position […]
