[Circuit City] had over 500 stores nationwide. That's a lot of empty retail space.
Well, fortunately the Halloween season has come to revive these
abandoned "superstores" and breathe new life into them.
The furor over President Obama's trillion-dollar restructuring of American health care has left his other trillion-dollar plan starved for attention. That's how much the federal balance sheet will expand over the next decade if Mr. Obama can convince Congress to approve his pending takeover of the student-loan market.
The Obama plan calls for the U.S. Department of Education to move from its current 20% share of the student-loan origination market to 80% on July 1, 2010, when private lenders will be barred from making government-guaranteed loans. The remaining 20% of the market that is now completely private will likely shrink further as lenders try to comply with regulations Congress created last year. Starting next summer, taxpayers will have to put up roughly $100 billion per year to lend to students.
***
For decades, loans carrying a federal guarantee have been the most common way of borrowing for college. After raising money in the private capital markets, lenders m
A newly released work called Making Algae Biodiesel at Home is
the quickest and easiest way to learn about algae biodiesel. Inside
this comprehensive work you'll get over 600 pages of gold-mine info.
Absolutely everything anyone interested in algae biodiesel would need.
Eric Giler wants to untangle our wired lives with cable-free electric
power. Here, he covers what this sci-fi tech offers, and demos MIT's
breakthrough version, WiTricity -- a near-to-market invention that may
soon recharge your cell phone, car, pacemaker.
“Long-range acoustic devices [LRADs] for crowd control can be
extremely dangerous. These are used in Iraq to control insurgents. They
can cause serious and lasting harm to humans…We want to know WHY our
Sheriff Dept has this weapon,” Sal Magallanez of San Diego-based Liberty One Radio said in an e-mail sent to East County Magazine, prompting a joint investigation.
The device was stationed by San Diego County Sheriff deputies at a
recent town hall forum hosted by Congresswoman Susan Davis (D-San
Diego) in Spring Valley and at a subsequent town hall with Congressman
Darrell Issa (R-San Diego). The Davis Rally drew an estimated
1,300-1,500 people, including vocal conservative and liberal protest
groups.
A public records search conducted by East County Magazine has confirmed that the device is an LRAD 500-x
manufactured by San Diego-based American Technology Corporation (ATC).
Capable of use as an effective loudspeaker, the LRAD also has the
abili
Scientists have created the final predicted form of stable ice,
called ice XV, in the lab. But don’t worry — Kurt Vonnegut had nothing
to do with it, and the exotic new form of ice can’t destroy
civilization.
Types
of ice are classified by how close the water molecules pack together
and the structure the molecules arrange themselves in. With the new
discovery, researchers have identified 16 forms of ice (including two
types of ice I) named in order of discovery. Most of the ice on Earth
is type Ih (h for hexagonal, hence the six-sided symmetry of all
snowflakes). Researchers had long predicted the existence of ice XV,
but had never seen it before.
“We have removed the question mark from the phase diagram of water,”
says Christoph Salzmann of the University of Oxford in England,
coauthor of a paper published online September 2 in Physical Review Letters. A phase diagram maps how molecules will behave at certain pressures and temperatures.
When my brother and I were very young, and a song by The Beatles
came on the car radio, our parents would ask: “Who’s this, kids?”
“The Beatles!” we’d always yell from the back seat. This was less
because we recognized the group’s catalog and more because we realized
our parents only asked us this question when a Beatles song was
playing. The Beatles were so much more to them than just a band: They
were a cultural legacy that needed to be passed down to us, the babies
of the baby boomers.
See also:
The Beatles Make the Leap to Rock Band
5 Beatles: Rock Band Tunes We’re Ready to Rock, 5 We’ll Miss
Hands-On: Beatles Rock Band’s Reward System, Drum Trainer
The first thing my mom said in 2007, after playing the original Rock Band
for the first time, was: “They’ve got to get some Beatles on here.”
Fortunately for her, at about the same time, George Harrison’
Forget about 20/20. “Perfect” vision could be redefined by gadgets that give you the eyes of a cyborg.
The tech industry calls the digital enrichment of the physical world “augmented reality.” Such technology is already appearing in smartphones and toys, and enthusiasts dream of a pair of glasses we could don to enhance our everyday perception. But why stop there?
Scientists, eye surgeons, professors and students at the University of Washington have been developing a contact lens containing one built-in LED, powered wirelessly with radio frequency waves.
Eventually, more advanced versions of the lens could be used to
provide a wealth of information, such as virtual captions scrolling
beneath every person or object you see. Significantly, it could also be
used to monitor your own vital signs, such as body temperature and
blood glucose level.
Why a contact lens? The surface of the eye contains enough data
about the body to perform personal health
Like
a battering ram in a medieval siege, gold keeps hammering away at
the gate. For the third time in less than twelve months, the yellow
metal is once again crashing into the $1,000 per ounce level. As
of press time, it looks like gold will close above that level today
and will set a new record in the process.
Even if the breach is
fleeting, who can doubt that it will mount another assault soon?
In the meantime, there is no shortage of market analysts who are
not buying gold while questioning the motives of those who are.
Although they offer a variety of strained reasons, they nearly all
agree that it has nothing to do with inflation, which is nearly
universally considered dead and buried. As a self-confessed gold
bug, I can assure all that inflation is the only reason I buy gold.
A
A large international research team has decoded the genome of the
notorious organism that triggered the Irish potato famine in the
mid-19th century and now threatens this season's tomato and potato
crops across much of the US.
Published in the September 9 online issue of the journal Nature,
the study reveals that the organism boasts an unusually large genome
size more than twice that of closely related species and an
extraordinary genome structure, which together appear to enable the
rapid evolution of genes, particularly those involved in plant
infection. These data expose an unusual mechanism that enables the
pathogen to outsmart its plant hosts and may help researchers unlock
new ways to control it.
On October 25, 1989 Senator John Glenn, D-Ohio was taping a television
interview following a tree-planting ceremony at the Smithsonian
Institution. Suddenly, a well-dressed man walked up and punched the
Senator square on the jaw.
The assailant, Michael John Breen, 31, was
promptly arrested after being detained by a stunned Glenn. Breen later
told authorities that in recent months he had dreams revealing future
events, and that he only hit Glenn to gain attention for his
revelations. Among these revelations was a vision of a massive
earthquake in California which the government knew about but refused to
warn residents of.
An affidavit filed in U.S. District Court said Breen told officials
that he was "guided" by God to try to alert Vice President Quayle about
the coming events during a visit to the Capitol.
According to police reports, Mr. Breen was charged with assaulting a
member of Congress, a felony, and was held for psychiatric
He's the new hero of the right but I wonder how they would feel if they knew that Rep. Joe Wilson is yet another Republican hypocrite?
On Wednesday night, Rep. Joe Wilson , shouted “You lie!”
at President Obama when he said that the healthcare bill would not
cover illegal immigrants. “The supporters of the government takeover of
healthcare and liberals who want to give healthcare to illegals are
using my opposition as an excuse to distract from the critical
questions being raised about this poorly conceived plan,” Wilson said
the next day in a campaign fundraising video.
However, in 2003, Wilson voted to provide federal funds for illegal immigrants’ healthcare. The
vote came on the Medicare Prescription Drug, Improvement and
Modernization Act of 2003, which contained Sec. 1011 authorizing
$250,000 annually between 2003 and 2008 for government reimbursements
to hospitals who provide treatment for uninsured illegal immigrants.
The program has been ex
This week marks the end of the dollar’s reign as the world’s reserve currency.
It marks the start of a terrible period of economic and political
decline in the United States. And it signals the last gasp of the
American imperium. That’s over. It is not coming back. And what is to
come will be very, very painful.
Barack Obama, and the criminal class on
Wall Street, aided by a corporate media that continues to peddle
fatuous gossip and trash talk as news while we endure the greatest
economic crisis in our history, may have fooled us, but the rest of the
world knows we are bankrupt. And these nations are damned if they are
going to continue to prop up an inflated dollar and sustain the massive
federal budget deficits, swollen to over $2 trillion, which fund
America’s imperial expansion in Eurasia and our system of casino
capitalism
Alluding to the assassination of JFK,
long-time high-level CIA analyst says Panetta and the President 'afraid
of these guys because these guys have a whole lot to lose if justice
takes its course'...
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During my interview last night with 27-year CIA analyst Ray McGovern on the Mike Malloy Show
(which I've been guest hosting all this week), the man who used to
personally deliver the CIA's Presidential Daily Briefings to George
Bush Sr., among other Presidents, offered an extraordinarily chilling
thought --- particularly coming from someone with his background.
In a conversation at the end of the hour (audio and transcript below),
as I was trying to pin him down for an opinion on whether or not he
felt it was appropriate for CIA Director Leon Panetta to have
reportedly attempted to block a
housands of people marched to the U.S. Capitol on Saturday, carrying signs with slogans such as "Obamacare makes me sick" as they protested the president's health care plan and what they say is out-of-control spending.The line of protesters spread across Pennsylvania Avenue for blocks, all the way to the capitol, according to the D.C. Homeland Security and Emergency Management Agency. People were chanting "enough, enough" and "We the People." Others yelled "You lie, you lie!" and "Pelosi has to go," referring to California congresswoman Nancy Pelosi.
MESA, Ariz. (AP) - A businessman is
seeking nearly $70,000 from the City of Mesa after he was denied
permission to open a tattoo parlor.
The notice of claim is a precursor to a lawsuit and comes slightly
less than six months after the Mesa City Council rejected Ryan
Coleman's application to open Angel Tattoo near Dobson and Baseline
roads.
Attorney Michael Kielsky said his client has a case because the
application was denied based on "a negative perception" about tattoo
establishments, not tangible proof it would be detrimental to the
neighborhood.
Recently, a Maricopa County Superior Court judge ruled Tempe's
decision to revoke a tattoo parlor's business license was arbitrary and
lacked credible evidence that the business would have decreased the
area's property values.
Gynecologists and pediatricians largely SUPPORTED a U.S. Food and Drug Administration advisory panel's vote on Wednesday to approve the vaccine Gardasil for use in males aged 9-26 to protect against genital warts.
Jeff Frazee of Young Americans for Liberty sent this info along yesterday: Ron Paul & Michele Bachman will lead a student town hall discussion at the University of Minnesota on Friday, September 25, 2009 at 7:00pm CT. This is a big day for Dr. Paul and the movement, as it is the same day as the HR 1207 hearings. Dr. Paul will fly immediately from the hearings in DC to Minneapolis for the event, so this will be his first opportunity to comment on the hearings. Jeff is trying to set up a webcast of the event so everyone can watch and hear Dr. Paul's comments. Stay tuned for more info.
Here's an article from the local press, the Minneapolis-St. Paul Star Tribune: Paul, Bachmann to speak at student town hall at U
The event is hosted by Young Americans for Liberty and sponsored by the Minnesota Campaign for Liberty, Republican Party of Minnesota, Minneapolis City Republican Committee, College Republicans, CFACT, and Students for a Conservative Voice.
ep. Charles B. Rangel, New York Democrat and chairman of the powerful House Ways and Means Committee, is becoming a metaphor for almost all the sins of our age.
Let us count the ways.
How about corruption? Currently, Mr. Rangel is under investigation by two House subcommittees for illegally holding four rent-stabilized apartments in New York and not disclosing more than $75,000 in income from a rental villa he owns. He also took free Caribbean trips paid for by corporate cronies and used his congressional letterhead to press for money for the City College of New York's new educational center, which bears his name
A new paper from the New America Foundation urges that US to adopt a policy of moderate inflation in order to allevieate the massive public and private debt burden.
Authored by Chris Hayes, the Washington DC editor of the Nation, the paper argues that too much debt will have a deadening effect on the economy, as people are consigned to “debtor serfdom” and the government cannot afford to provide basic services because of the cost of making its debt payments.
“The surest way to avoid such a fate is to jettison a central, indeed the central axiom of post-1970s neoliberal global capitalism, and that is to embrace a period of moderate, sustained inflation,” Hayes argues. He provides this chart showing that our debt has grown while inflation has stayed low.
Since its birth, the United States has grappled with the problem of an over-mighty financial sector. With the exception of Alexander Hamilton, the Founders' vision was of a republic of self-reliant farmers and small-town tradesmen. The last thing they wanted was for New York to become the London of the New World—a mammon-worshiping metropolis in which financial capital and political capital were rolled into one. That was why there was such resistance to creating a central bank, and why—despite two attempts—we have no Bank of the United States to match the Bank of England. That was why populists railed against the adoption of the gold standard after the crash of 1873. That was why there was so much suspicion when the Federal Reserve System was created in 1913. That was why government regulation of Wall Street was so strict from the Depression until the 1970s.But now, barely a year after one of the worst crises in all financial history, we seem to have returned to the Gilded Age of t
The last domino of the big three has fallen: Corus Bank has been seized by the OCC. The bank, with $7 billion in assets and deposits, will transfer $3 billion of its assets to MB Financial Bank and all of its deposits. How nice of the FDIC to stick taxpayers with $4 billion in "assets" and no deposits against them. "The FDIC will retain the remaining assets for later disposition. The FDIC plans to sell substantially all of the remaining assets of Corus Bank in the next 30 days in a private placement transaction." The cost to the FDIC, pulled straight out of the rose-colored kaleidoscope, will be $1.7 billion.
B. Anderson, Chase Natl. Bank economist, says Fed policy of easy money will not be sustainable when business revives; suggests moderate tightening now to avoid shock of a sudden severe tightening later.Fed. Reserve member banks report brokers' loans rose $33M to $3.143B in week ended Sept. 10; total on Sept. 11, 1929 was $6.474B.
Florida Bondholder's Adjustment Committee calls on owners of defaulted local bonds to accept arbitration with principle that local govt. should “pay to the full extent of its ability to pay” when fairly determined, and no more. Says full payment in many cases impossible due to string of problems in past few years including collapse of real estate boom, bank failures, storms, and Med. fly scare; local feeling is that many bonds were voted in due to high-pressure tactics by outsiders.
Warning: Watch the below video without prior ingestion of Xanax, lithium and/or horse tranquilizers at your own risk.
Grandma Janet sounds like an insane and/or senile bureaucrat who does not want to admit that she was one of the select cabal of monetary druids whose mistakes essentially destroyed the financial world a year ago... and their reaction to this destruction has made sure that the US economic system is now promptly heading either toward hyperdeflation or hyperinflation (likely both).
Nonetheless, some interesting quotes:
And, For The Win:
"The Fed's analytical prowess is top notch, and our forecasting record is second to none. The FOMC is committed to price stability and has a solid track record in achieving it."
he Dollar Index fell for a sixth day in its longest losing streak since March as an increase in U.S. consumer sentiment encouraged investors to sell the greenback and buy higher-yielding assets overseas. Sterling rose to a one-month high versus the dollar as U.K. producer prices increased in August. The yen advanced versus most of its major counterparts on speculation China’s recovery will boost the growth of its Asian neighbors and Japan’s exporters will repatriate earnings.
Those who claim that President Barack Obama's speech on health care this week wasn't a glorious success are fooling themselves. A Washington takeover of health care never sounded so enticing or fun.
Just ignore the specifics, because when the president says he welcomes substantive new ideas, he means that if you have the nerve to offer any ideas—as Whole Foods' CEO, John Mackey, did in The Wall Street Journal last month—his allies will attempt to destroy your business and reputation.
And when the president says he welcomes bipartisanship, what he means is that he hasn't met with a single Republican on the issue since April—despite numerous requests and two separate House bills chock-full of ideas.
ZBIGNIEW BRZEZINSKI was U.S. National Security Adviser from 1977 to 1981
NATO's 60th anniversary, celebrated in April with pomp and circumstance by the leaders of nearly 30 allied states, generated little public interest. NATO's historical role was treated as a bore. In the opinion-shaping media, there were frequent derisive dismissals and even calls for the termination of the alliance as a dysfunctional geostrategic irrelevance. Russian spokespeople mocked it as a Cold War relic.
Even France's decision to return to full participation in NATO's integrated military structures -- after more than 40 years of abstention -- aroused relatively little positive commentary. Yet France's actions spoke louder than words. A state with a proud sense of its universal vocation sensed something about NATO -- not the NATO of the Cold War but the NATO of the twenty-first century -- that made it rejoin the world's most important military alliance at a time of far-reaching chan
Two Katyusha rockets fired from southern Lebanon struck northern Israel Friday, near the city of Nahariya. There
The Israeli military responded by firing between 12 and 15 artillery shells toward the suspected launching site, military sources said.
While no group has claimed responsibility, Israel Radio said a group associated with Global Jihad is suspected of being behind the fire. Lebanese media reported the rockets were fired from the town of Qlaileh and that Israel directed its artillery fire toward the town