Auction: Christmas in the house from "A Christmas Story"
• eBayNow this would be really cool.
Page Two
Stocks Post Their Fourth Straight Increase
• NY TimesFor the first time since last spring, the Dow Jones industrial average and the Standard & Poor’s 500-stock index managed to advance for four consecutive days.
China Postpones Putting to Death Businessman Convicted of Spying
• NY TimesWord of the apparent delay in Wo Weihan's execution came the same day that the Chinese government carried out a high-profile execution, putting to death Yang Jia, who had been convicted of killing six Shanghai policemen. Yang's case had cause
Food Prices Expected to Keep Going Up
• NY Times[but fuel prices are dropping] For more than a year, food manufacturers have been shaving package sizes and raising prices, declaring that they had little choice because of unprecedented increases in the cost of raw ingredients like corn, soybeans an
Afghan Leader Demands Plan For Foreign Forces' Departure
• Washington PostAfghan President Hamid Karzai has sharply criticized the United States and NATO, demanding a timeline for the withdrawal of foreign forces.
Warning Boosts Security On N.Y. and D.C. Transit
• Washington Post[Have a nice Thanksgiving, if you don't die!!!!] Holiday travelers in New York and Washington faced heightened security in subway and rail stations after federal authorities warned of "uncorroborated but plausible information" received
At Least 100 Dead in India Terror Attacks Targeting Tourists
• NY TimesCoordinated terrorist attacks struck the heart of Mumbai, India’s commercial capital, on Wednesday night, killing dozens in machine-gun and grenade assaults on at least two five-star hotels, the city’s largest train station, a movie theater and a hos
Woman's Craigslist offer ensures plenty at table
• Associated PressLITTLETON, Colo. (AP) - This time last year, Monique White was living in a motel and looking for work, wishing for the bustling Thanksgivings of her childhood.
Roubini: Policies will lead to "much higher real interest rates on public debt"
• CalculatedRisk.blogspot.comAt this rate of contraction as revealed by the latest data it would not be surprising if fourth quarter GDP were to fall at an annualized rate of 5-6%.
Your Wishes Can Change the World
Melinda Pillsbury-fosterYou can enact change. To do so you need the right tools. Endless rhetoric is a dead end, instead focus yourself on your own life, the community where you live, and on being the change. And don't forget to savor the cookies this Christmas
Tainted baby formula called safe
• Associated PressTraces of the industrial chemical melamine have been detected in samples of top-selling U.S. infant formula, but the FDA insists the products are safe despite having said last month that it was unable to identify any melamine exposure level as safe f
New Cases of Cancer Decline in the U.S.
• New York TimesThe incidence of new cancer cases has been falling in recent years in the United States, the first time such an extended decline has been documented, researchers reported Tuesday.
14 "WIRED" Reasons to Be Grateful This Thanksgiving
• Wired MagazineTaking pause amid this best-of-times, worst-of-times autumn, pop-culture pilgrims have reason to rejoice this Thanksgiving.
Give Thanks? Science Supersized Your Turkey Dinner
• WiredYour corn is sweeter, your potatoes are starchier and your turkey is much, much bigger than the foods that sat on your grandparents' Thanksgiving dinner table.
DARPA Urban Challenge (Robot Cars)
• Technology ReviewMIT's robotic car is headed to California to compete in DARPA's upcoming Urban Challenge. (Terminators to get their own cars)
How Cells Age
• Technology ReviewParallels between mice and yeast uncover a potentially universal mechanism of aging.
Meredith Whitney Says Citigroup, Bank Capital Ratios Will Fall
• Bloomberg.comNov. 26 (Bloomberg) -- Capital ratios at Citigroup Inc. and other U.S. banks will fall and the government’s cash injections just “plug holes” in the companies’ balance sheets, Oppenheimer & Co.’s Meredith Whitney said.
Many CFOs Cynical on Banker Bailout Plans
• CNBC.comThe top financial officers of Corporate America seem to have some doubts about whether the money being earmarked by the federal government to bail out banks will be used wisely, according to a survey.
Meredith Whitney: Banks will use TARP cash to cover losses over next year
• CNBC.com/"We argue that the effects of these rule changes will require the banks to use up a meaningful portion of their TARP capital to build reserves for credit card losses in 2009.''
China slashes interest rates as panic spreads
• telegraph.co.uk/newsThe People's Bank of China cut interest rates by more than 1pc point as the economy crumbles and millions of jobs are predicted to go ahead of Christmas.
Barry Ritholtz: ECRI Leading Indicators Fall to Lowest Level Ever
• ritholtz.com/blog/One of the questions I seem to be getting all the time is “When is this recession going to end?”
Bill Fleckenstein: The meddlers can't tame the market
• articles.moneycentral.msn.comWhen government knuckleheads interfere with capitalism, you can bet the law of unintended consequences will be quick to rear its head.
U.S. Durable Orders Fall Twice as Much as Forecast
• Bloomberg.comOrders for U.S. durable goods fell twice as much as forecast in October as the credit freeze deepened and sales tumbled.
Bush’s Follies Will Destroy Obama If He Lets Them
• TruthDig.comAll this must be resisted if Obama is to be his own man. He has to rid himself of George Bush’s folly. He must make Iraq truly independent. If he doesn’t, it could destroy his administration.
Late Rapper MC Breed--a Victim of the Child Support System?
• www.glennsacks.comI'm not nominating this guy "Father of the Year" but it does seem quite possible that he was victimized by the child support system. In general, the system deals very poorly (and unfairly) with men who suffer large drops in their income
October New Home Sales: Lowest Since 1982: Off 40 Percent From 2007
• CalculatedRisk.blogspot.comSales of new one-family houses in October 2008 were at a seasonally adjusted annual rate of 433,000. This is 5.3 percent below the revised September of 457,000 and is 40.1 percent below the October 2007 estimate of 723,000.
The Bailout Surge<p>by Ron Paul
Powell GammillIt seems that eventually the entire economy is going to be blanketed over with Federal Reserve notes. Most in Washington are completely oblivious as to why this model of money creation and spending is so dangerous.
The Armageddon Index: Credit Default Swaps on U.S. Debt
• FTalphaville.ft.com/blogAnd so we announce the inauguration of the FT Alphaville Armageddon Index: of US corporations supposedly less likely to default than the US government.
Fauxtography For Dummies: Use PhotoShop, Catch Criminals
• Rhonda R ShearerAn interview with Jim Hoerricks, LAPD, On Forensic Photography about using Adobe PhotoShop to catch criminals. Photoshop, P.I.?
World War II Cost Less Than The Great Banker Bailout Fraud
• immobilienblasen.blogspot.comThe $4.6165 trillion dollars committed so far is about a trillion dollars ($979 billion dollars) greater than the entire cost of World War II borne by the United States: $3.6 trillion, adjusted for inflation (original cost was $288 billion). WWII was
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