Obama ups troops, gets peace prize

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Wednesday December 09, 2009 · 7:43 AM PST

2009/12/09 · 07:43

President Obama will accept Nobel prize in Oslo just as 30,000 GIs deploy.
http://abcnews.go.com/...

Up is down
Black is white

more the on the flip....Americans Grow More Pessimistic on Economy, Nation’s Direction

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Tuesday December 08, 2009 · 7:45 AM PST

2009/12/08 · 07:45

The government is running out of ways to help the economy as the US faces major issues regarding credit and employment ahead, banking analyst Meredith Whitney told CNBC.

"I think they're out of bullets," Whitney said in an interview during which she reinforced remarks she made last month indicating she is strongly pessimistic about the prospects for recovery.

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Tuesday October 20, 2009 · 6:05 PM PDT

2009/10/20 · 18:05

TOKYO — How much debt can an industrialized country carry before it ravages its economy and the nation’s currency?

The question looms large in the United States, as a surging budget deficit pushes government debt to almost 50 percent of gross domestic product.

Yes it now worse in Japan http://www.nytimes.com/... but take a look at this http://www.usdebtclock.org/ and cringe

more sobering news on the flip

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Monday October 12, 2009 · 3:20 PM PDT

2009/10/12 · 15:20

Some friends of mine are submitted this project to Knight News Challenge http://www.newschallenge.org/

Citizen DAN is a complete, open source framework for promoting citizen journalism.

It is:

an appliance for filtering, analyzing and "slicing-and-dicing" data specific to local community indicators;

a meeting place for the public to upload and share local data and information;

a Web data portal that can be individually tailored by any local community; and

a potential node in a broader network of communities across which to compare measures of community well-being.

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Wednesday September 16, 2009 · 6:31 PM PDT

2009/09/16 · 18:31

Margaret Wente: Happy days are here again. The central bankers say the recession is over. The markets are buoyant. Can we relax?

Nassim Taleb: Not at all. Central bankers have no clue. In the first place, the financial crisis was not a black swan. It was perfectly predictable. They ignored the phenomenal buildup in leverage since 1980. They acted like airline pilots who'd never heard of hurricanes.

After finishing The Black Swan, I realized there was a cancer. The cancer was a huge buildup of risk-taking based on the lack of understanding of reality. The second problem is the hidden risk with new financial products. And the third is the interdependence among financial institutions.

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Monday September 07, 2009 · 3:02 PM PDT

2009/09/07 · 15:02

The Chinese are becoming increasingly wary of the growing supply of U.S. dollars, leading the head of the nation’s green energy initiatives to signal a move away from dollar reserves and toward, gold, euros and yen, according to a published report.

"If the Fed keeps printing money to buy bonds it will lead to inflation, and after a year or two the dollar will fall hard. Most of our foreign reserves are in US bonds and this is very difficult to change, so we will diversify incremental reserves into euros, yen, and other currencies."

http://rawstory.com/...

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Thursday August 13, 2009 · 7:55 PM PDT

2009/08/13 · 19:55

this weekend.

Here's my top 5 performances at Woodstock ( not ranked because it's too difficult and very very hard to choose because virtually all the 25 bands/musicians there were terrific )

my top 5 on the flip and please give me your thoughts/choices

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Friday August 07, 2009 · 12:24 PM PDT

2009/08/07 · 12:24

The Largest Outlay In American History
http://www.ritholtz.com/...

Wow!

I would argue that the most serious threat to the United States is not someone hiding in a cave in Afghanistan or Pakistan, but our own fiscal irresponsibility
—David Walker, former comptroller of the United States

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Thursday August 06, 2009 · 6:36 PM PDT

2009/08/06 · 18:36

A new national poll indicates that support among Americans for the war in Afghanistan has hit a new low.

 56% in US now oppose occupation.

http://edition.cnn.com/...

We all know Iraq was a waste of trillons ( but has 2nd biggest oil reserves to Saudi Arabia ) but Afghanistan is also a waste for reason below on the flip.

Hello Pres. Obama as your approval sinks to 50%

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Tuesday July 07, 2009 · 6:12 PM PDT

2009/07/07 · 18:12

http://www.nytimes.com/...

NAWA, Afghanistan — One week after several battalions of Marines swept through the Helmand River valley, military commanders appear increasingly concerned about a lack of Afghan forces in the field.

Can someone tell me WTF Obama is trying to accomplish here doing here ( no need to be Bush light ) when the USA has more pressing economic problems, healthcare problems, job problems, etc. and is essentially broke?

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Wednesday June 10, 2009 · 6:41 PM PDT

2009/06/10 · 18:41

Brazil says it is to offer $10bn in financing to the IMF to help improve the availability of credit in developing countries.

It is the first time that South America's biggest economy has ever made a loan of this kind.

http://news.bbc.co.uk/...

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Saturday June 06, 2009 · 7:19 AM PDT

2009/06/06 · 07:19

http://kmedge.org/...
C. Jackson Grayson
June 5, 2009

Toyota, Nissan, and Honda are likely to be smiling today. Not because of the GM bankruptcy. It would definitely be un-Japanese to gloat.

They're smiling because the U.S. government thinks all it has to do is follow the management guidance of the White House auto team, give GM lots of money, fire the CEO, get labor concessions, set fuel efficiency standards, urge the company to create hybrids, and competitiveness will be magically restored.

According to The New York Times, this miracle will be wrought by a 31-year-old; a very bright young man who has never set foot in an auto plant, has never run a manufacturing business, and is advising the already laughable "auto rescue team" about running a competitive auto company in a market where Toyota is already whipping their body parts!!!

I started to laugh because I thought this was part of the Jay Leno farewell skit. No one could make this up!

Obama ups troops, gets peace prize

Government 'Out of Bullets,' Consumers in Trouble: Whitney

Rising Debt a Threat to Economy

Citizen DAN open source framework for promoting citizen journalism

Nassim Taleb on fire about REAL US economy

Top Chinese official signals move away from dollar

In celebration of Woodstock '69 40th anniversary

The Credit Crisis is Ginormous!

Majority of Americans oppose Afghan war

Afghan Forces Missing in Helmand Offensive

Brazil offers $10bn to the IMF to boost credit to developing countries

A Better Solution for GM