Search This Blog


Search Tool

Aug 11, 2010


Is The Economic World Upside Down
By Fernando Guzmán Cavero

“The Labor Department said Friday that non farm payrolls fell by a remarkable 131,000 last month, about double what economists were expecting. Private hiring was anemic; corporate America added 71,000 positions in July, about 20,000 fewer than anticipated and further evidence that, while profits are relatively robust, companies are reluctant to hire. That reluctance likely stems from the uncertain regulatory environment and concerns about higher taxes next year. The government's payroll fell by 202,000 as temporary Census workers were let go.

What’s more, last month’s weak report now looks even worse, with the Labor Department revising that figure to a loss of 221,000 jobs from the originally reported 125,000.” FOX BUSINESS "

In other words, the most clever economists in this Economic Oracle when their points of view on the actual  financial-economic economic  is taken by some  media journalists with out any questioning..Even more, clever financial institutions are  behind them such as the World Bank, IMF, at the orders of the corrupt financial World system. Hopefully, the  Law Regulating the Banking system, signed by President Obama, aimed , at least in paper, to stop the prevailing unethical profit seeking  of these institutions within the limits of the U.S , remains untouchable in the rest of the world.
With all the critics that local or small banks are excluded . At least, it is an acknowledgement from within the U.S. Executive of the roots in  the  actual  financial crisis responsibilities.

These so called "FINANCIAL GURUS" failed in their estimates of private corporate hirings by 28.57%.  Who has in advance the real stats. before everyone did it?

An urgent restructuring of the Capitalist System must be faced, taking the bull fiom his horns ,to create wealth to the most and never to the  few, as its fathers, originally theorized.

Its up to decent persons in power to speak up loud and clear, or the consequences will turn unpredictable when more then  half of the human race live with  2 dollars a day.

FGC BOLSA - FGC FINANCIAL MARKETS: MarketWatch - Industry - Financial Services Stocks to watch Thursday/QS investors breaks away from Deutsche Bank. August 11th., 2010


Stocks to Watch: Stocks in focus Thursday: Nvidia, Nordstrom  
By MarketWatch

Among the companies whose shares are expected to see active trade in Thursday's session are Nvidia Corp., Nordstrom, Sara Lee and Estée Lauder Cos. See full story

QS Investors breaks away from Deutsche Bank

By Alistair Barr MarketWatch

QS Investors, an $11 billion asset-management firm, says that it split off from Deutsche Bank AG. See full story

The Washington Post: News Alert .- News Alert: Waters ties with head of troubled bank run deep. August 11th., 2010

News Alert: Waters ties with head of troubled bank run deep
Wednesday, August 11, 2010

Kevin Cohee, whose OneUnited bank is at center of ethics violation charges against U.S. Rep. Maxine Waters (D-Calif.), was arrested twice at his bank-financed California mansion in 2007 on narcotics and sexual assault charges. Also, his history with Waters is more intertwined than previously thought: The congresswoman supported Cohee's effort to purchase another bank in 2002.

For more information, visit

ABC News : Australia Business News.- Chinese data, US trade deficit spooks markets. August 11th ., 2010


 Ambulance staff threaten to strike
A union representing senior paramedics and non-operational Ambulance Victoria staff will lodge an application through Fair Work Australia to take protected industrial action.

Chinese data, US trade deficit spooks markets
Wall Street fell sharply overnight, with investors unnerved by some weaker-than-expected factory data from China, and a blowout in the United States' trade deficit.

Spyglass nears deal to run MGM
Spyglass Entertainment is nearing an agreement to run Metro Goldwyn Mayer once the film studio restructures $US4 billion of debt through the bankruptcy process, the Wall Street Journal reports.

More Business Stories >

CNBC : Evening Brief.- Cisco Profit Beats but Stock Tumbles as Revenue Misses. August 11th., 2010


»click here to see the latest top stories from


Obama Signs Manufacturing Bill
President Barack Obama discusses the role of manufacturing in
the American economy and signs into law the Manufacturing
Enhancement Act.
» Watch Video 

Stop Trading! Listen to Cramer
Mad Money host Jim Cramer shares his views on the Fed and
the economy.
» Watch Video

The Crappy Job Conundrum
Is any job better than no job? James Pethokoukis, of Reuters
BreakingViews, and Dan Gross, of Newsweek, share their views.
» Watch Video  

June Trade Deficit
Parsing the trade deficit report for June, with Bob Iaccino,
of, and the CNBC news team.
» Watch Video 

»click here to see the latest top video from

NYT: Afternoon Business Update.August 11th., 2010



G.M. I.P.O. Filing Could Come by Friday

The filing for an initial public offering could come as soon as one day after the car maker is expected to unveil a positive earnings report, people briefed on the matter said.

When Web Photos Reveal More Than You Intend

Security experts are trying to raise awareness about the potential dangers of geotags, bits of GPS data that identify where a photo or video was taken.
Case Study


Can FreshDirect Survive a Crisis and Reinvent Itself?

The online grocer has created a real-time database to follow every step - and misstep - of each business day to improve its operations.

Dollar Hits Low Against Yen, Dealing Blow to Japan's Economy

In Japan, the dollar's decline has ignited fears that too strong of a domestic currency could harm the country's recovery, led by exporters like Toyota.

RTTNews . Evening Market Wrap.- Stocks Plummet As Prospect Of Slowing Economy Spooks Markets - U.S. Commentary . August 11th., 2010

Evening Market Wrap  


Aug 11, 2010 Stocks Plummet As Prospect Of Slowing Economy Spooks Markets - U.S. Commentary Stocks fell by substantial margins on Wednesday, as concerns about a waning economic recovery prompted a significant flight to safety in the markets. With the sell-off, the major averages fell to their worst levels in three weeks. The Dow plummeted 265.42 points or 2.5 percent to 10,378.83, the Nasdaq plunged 68.54 points or 3 percent to 2,208.63 and the S&P 500 tumbled 31.59 points or 2.8 percent to 1,089.47. Full Article

Economic News

Aug 11, 2010 U.S. Trade Deficit Widens To Highest Level In Well Over A Year With the value of imports increasing and the value of exports falling in the month of June, the Commerce Department released a report on Wednesday showing that the U.S. trade deficit for the month unexpectedly widened to reach its highest level in well over a year. The report showed that the trade deficit widened to $49.9 billion in June from a revised $42.0 billion in May. The wider deficit came as a surprise to economists. Full Article

Earnings News

Aug 11, 2010 Macy's Raises Full Year View After Classy Q2 Department store chain Macy's (M) announced Wednesday a better-than expected quarterty profit, driven by sales growth and improved margins. Earnings per share and sales for the quarter topped analysts' expectations. Full Article

Corporate News

Aug 11, 2010 CSC Earnings Rise, Top Expectations Computer Sciences Corp. (CSC) announced a quarterly profit Wednesday that rose from last year, topping expectations. Revenue also edged up, though the top-line result was below what analysts were anticipating. The company also repeated its outlook for the full year. Full Article

Political News

Aug 11, 2010 Political Outsiders Appear To Hold Advantage In Primary Elections Results from the latest batch of primary elections continue to point to the benefits of being seen as a political outsider, with former World Wrestling Entertainment chief executive Linda McMahon handily winning the Republican Senate primary in Connecticut. Full Article
Aug 11, 2010 Poll Shows Approval Of Congress Remains Near Historic LowsApproval of the way Congress is handling its job remains near historic lows, according to the results of a Gallup poll released on Wednesday, with the poll seen as a sign of potential trouble for Democrats in the 2010 midterms elections. The poll, which is based on telephone interviews conducted August 5th to 8th, showed that just 19 percent approve of Congress' job performance compared to 75 percent that disapprove. Full Article

Stocks To Watch

Aug 11, 2010 Basking in the sunshine…The sunshine is back for solar companies and closely related industries are basking in the warmth. This company, which provides encapsulants or critical components used in solar modules, reported a strong quarter and is upbeat about the future. Founded as a plastics research and development company in 1944, STR Holdings, Inc. Full Article

FGC BOLSA - FGC FINANCIAL MARKETS : MarketWatch - Industr Financial Markets.- JPMorgan Sees Record Year For EM Bond Flows. August 11th., 2010


Emerging Markets Report: JPMorgan sees record year for EM bond flows  
By Claudia Assis MarketWatch

Investment bankers see a record-breaking year for emerging-market bond funds and on Wednesday revise upward their 2010 forecast for inflows to as much as $75 billion. 

By Laura Mandaro MarketWatch

Stocks from Tokyo to Paris to New York suffer as data cement fears that global economic growth has hit a rough patch, with forecasters predicting choppy sailing for the rest of the year. See full story

WSJ : U.S. Stocks Indexes fall on Economic Concern. August 11th., 2010

from The Wall Street Journal

U.S. stocks clocked up their worst daily decline in over a month as jittery investors sold riskier assets amid growing concerns over the flagging U.S. recovery and slowing growth in China and around the world.

The Dow Jones Industrial Average sank 265.42 points, or 2.5%, to 10378.83, led by the energy, industrial and material sectors. The S&P 500 stock index shed 2.8% to fall below 1100 to 1089.47. The Nasdaq Composite fell even more sharply as technology stocks stumbled, falling 3% to 2208.63. All three indexes fell into the red for the year.

Government bonds and the dollar rallied as investors scrambled into safe haven assets a day after the Federal Reserve pledged to buy more Treasurys to help keep the economic recovery on track.

MarketWatch: Personal Finance Daily .- Don't be Hurd: Avoid expense-account mistakes. August 11th., 2010

Personal Finance Daily
AUGUST 11, 2010

Wednesday's Personal Finance stories

By MarketWatch

Don't miss these top stories:
You're on a business trip in a city where you have some good friends you haven't seen in a long time. The night before your big business meeting you meet your friends at a swanky restaurant. Do you use your company card to pay -- after all, you wouldn't be eating out at all if it weren't for your company sending you on this trip -- or do you pay out of your own pocket?

You pay out of your own pocket, or possibly you charge your own meal, but not your friends', to the company card. At least, that's my take on it. But the right answer for you may depend on your relationship with your company -- and your income level. The higher up the corporate ladder you go, the likelier you are to enjoy more perks.

Still, as the recent scandal involving former H-P chief executive Mark Hurd makes clear, no matter how high you climb, there's always a chance of a misstep.

Read Jennifer Waters's story today for a look at some expense account do's and don'ts.

Plus don't miss our story on a microloan program for small businesses in the U.S., and tips for college students who are about to leave their summer job or internship.

-- Andrea Coombes , Personal Finance editor

It's not your money: Four expense account rules

The quick action taken by the Hewlett-Packard Co. board to oust Chief Executive Mark Hurd because of expense-report recklessness should be a clarion call to employees at every level: expense accounts are not to be taken lightly.
See story on it's not your money: four expense account rules.


Government to spend $3 billion to help homeowners

The White House on Wednesday said it would spend an additional $3 billion to help distressed homeowners in the states with the highest jobless rates to pay their mortgages.
See story on government to spend $3 billion to help homeowners.


Loan program helps some small U.S. businesses survive

Like many small businesses caught in the worst economic crisis since the Great Depression, Tri-State Biodiesel was struggling to find capital last year, in the middle of a credit crunch.
See story on loan program helps some small U.S. businesses survive.

Heady times for boutique beers

As recently as 1965, there were precisely zero U.S.-based specialty or "craft" beer breweries. By 1966, there was approximately one. Now, even North Dakota has an ale maker within its borders and there are some 1,600 active brewers producing beer of one kind or another from coast to coast, according to the Washington, D.C.-based Brewers Institute.
See story on heady times for boutique beers.


Make the most of your summer job or internship

Nationwide, college students are wrapping up their summer jobs and internships and getting ready to head back to school. Are they leaving on the right note? Did they make the most of their experience?
See Jennifer Openshaw on six tips to make the most of your summer job or internship.

JetBlue flight attendant's exit strategy

Flight attendant Steven Slater gained instant notoriety after a disagreement with a passenger led Slater to flee to the tarmac on the plane's emergency exit slide. In San Francisco, some cheered Slater as a champion of disgruntled workers.
 Watch video of JetBlue flight attendant's exit strategy.


Hurd's exit tests long-term H-P investors

For average stock investors, programmed to buy and hold, the one place they don't want to find their stock is leading the news reports. When that happens, the company -- and its long-term supporters -- are thrown for a loop.
See story on Hurd's exit tests long-term H-P investors.

Computers, high-speed trading led to flash crash: survey

A majority of financial advisers said an over-reliance on computer systems and high-frequency trading were primary drivers of the May 6 so-called flash crash, but felt that similar events will happen again no matter what steps are taken, according to an online survey.
See story on computers, high-speed trading led to flash crash: survey.


Shiller sees 'significant likelihood' of double-dip recession

There's more than a 50% chance the economy is heading for a double-dip recession. And noted economist and author Robert Shiller tells MarketWatch News Break that the Federal Reserve may now lack the power to end the gloom and doom. Shiller now wants Washington to pass a new job-creating stimulus package.
 Listen to radio report on Shiller sees significant likelihood of double-dip.

Commentary: Fed can't do much more to head off a double-dip recession

The U.S. economy is on the edge of the cliff, threatening to plunge back into ruinous recession, but the worst part is that Washington won't do anything to stop it.
See story on Fed can't do much more to head off a double-dip recession.

Commentary: Watch out for the federal debt freight train

The federal deficit is no longer an abstract long-term problem; it's a financially critical freight train hurtling down the track at alarming speed.
See story on watch out for the federal debt freight train.

Trade gap widens sharply in June

The nation's trade deficit widened sharply in June on record imports of consumer goods, government data showed Wednesday, casting fresh doubt over the strength of the U.S. recovery.
See story on June trade deficit widens sharply.

Colorado primary sets up faceoff between Obama, Tea Party

The stage was set Tuesday for a November faceoff between President Barack Obama and the Tea Party, as the president's handpicked candidate for Colorado's U.S. Senate seat will go up against the choice of the burgeoning Republican faction, media reports said.
See story on Colorado primary sets up faceoff between Obama, Tea Party.

FOX BUSINESS : Breaking Business News.- Double-Dip Fears Drown Dow. August 11th., 2010

Trader 104 [276]
Double-Dip Fears Drown DowFresh signs of trouble for the global recovery renewed fears of a double-dip recession and sparked a 260-point plunge.

Jump in Trade Deficit a Jobs-Killer

Is the World Broke? A look at why the growing trade deficit threatens to increase unemployment.

Burned by Gas Taxes?

People in these states are now paying a little more for shopping trips, gas and cigarettes.

Phony Health-Care Plans Under Fire

Regualtors are cracking down on sellers of medical discount plans that market them as health insurance.

The Pandora’s Box of Marriage

Game Plan While some people in this country are fighting hard for the right to marry, others believe marriage is something to avoid.

U.S. MARKETS AT CLOSE : August 11th., 2010


Market Snapshot
Index Last Change %Change
DJIA 10,378.83 -265.42 2.49%
Nasdaq 2,208.63 -68.54 3.01%
S&P 500 1,089.50 -31.56 2.82%
FOX 50 788.46 -20.23 2.50% Hilighted
DIJA Chart

GATA DISPATCH : When it Comes to Gold The Economist and FT are like Pravda. August 11th., 2010

Murray Pollitt: When it comes to gold, The Economist and FT are like Pravda

1:50p ET Wednesday, August 11, 2010
Dear Friend of GATA and Gold:
Murray H. Pollitt, president of Toronto investment house Pollitt & Co., reflects in his market letter this week on the party line long taken against gold by The Economist magazine and the Financial Times, which have been disparaging gold throughout its tripling in price over the last decade.
Pollitt writes: "Much as Pravda was driven by the views of Uncle Joe Stalin, so the Economist/FT appears, when it comes to gold, to be driven by the views of Western financial policymakers."
He adds: "The Economist gently ridicules the 'wonder' that humanity has 'too often' reserved for gold. Should this 'wonder' instead be reserved for the dollar? Or should The Economist note the wonder of the dollar and Sterling, both of which have lost 99 percent of their purchasing power in the last century, still being reserve currencies?"

In May 2009 a GATA delegation spent considerable time in London with writers from The Economist and the FT. The writer for The Economist couldn't get rid of the subject of gold price suppression fast enough. The writer for the FT feigned interest but still has never dealt with the subject in print. Pollitt's commentary may explain why. It's titled "Pravda" and he has generously consented to GATA's sharing it with you here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Join GATA here:
Toronto Resource Investment Conference
Saturday-Sunday, September 25-26, 2010
Metro Toronto Convention Center, Toronto, Ontario, Canada

The Silver Summit
Thursday-Friday, October 21-22, 2010
Davenport Hotel, Spokane, Washington

New Orleans Investment Conference
Wednesday-Saturday, October 27-30, 2010
Hilton New Orleans Riverside Hotel

* * *
Support GATA by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:
* * *
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:

FGC BOLSA - FGC FINANCIAL MARKETS : MarketWatch - Industry - Financial ServicesU.S. July Deficit $ 165 Billion Treasury


Economic Report: U.S. July budget deficit $165 billion: Treasury
By Robert Schroeder MarketWatch

The U.S. government ran a budget deficit of $165 billion in July, the Treasury Department reported Wednesday, marking the 22nd consecutive month of red ink. Outlays totaled $321 billion in the month, while receipts were $156 billion. 

The Washington Post : Wonkbook.. August 11th., 2010

Wonkbook: Fed takes mild action; Obama signs state aid bill; Senate considers border security bill
The Fed will hold rather than gradually reduce the amount of assets it owns in order to kickstart what it views as a faltering recovery. This, in Fed lingo, is "mild easing," and the markets were cheered by it because it means the Fed is probably willing to intervene if things get worse. But so far as it's actual economic impact goes, it's not going to mean much: The Fed will do more by not doing less. It's like watching Yoda intervene in the economy.
Meanwhile, the House passed and Obama signed into law a $26 billion package providing aid to state governments. It is, for Democrats, a big, frustrating victory. Republicans managed to halve the total size of the aid package, and states are facing a $140 billion shortfall. So though this aid will give states a boost, we can still expect the public sector to contract quite sharply even as the private sector slowly expands. If you want to see what that looks like, think back to the July job numbers, when the 71,000 jobs the private sector added were overwhelmed by the 200,000 public sector job losses.
Welcome to Wonkbook.
Top Stories
The Fed is introducing mild easing, reports Neil Irwin: "The Fed pledged to keep the amount of assets it holds unchanged at $2 trillion rather than allow the level to taper off over time. The decision should help keep long-term interest rates, such as those for home mortgages and corporate loans, a bit lower than they otherwise might have been, though the direct economic impact is likely to be modest. ...'The signaling effect is much greater than the actual effect,' said Anthony Chan, chief economist at J.P. Morgan Private Wealth Management. 'It says that they have a lot more firepower to deploy if it becomes necessary.'"
Phil Izzo collects economists' reactions to the Fed news:
Obama signed $26 billion in state aid into law, report Lori Montgomery and Nick Anderson: "The sum is about half what Obama requested. Democratic leaders were forced to scale back the package by rank-and-file Democrats concerned about how more spending would play with angry voters. They also had to cover the cost of the measure so that it would not increase future deficits. The bill includes nearly $10 billion in new taxes on U.S. multinational corporations that do business abroad, and it rescinds after 2014 an increase in food stamp payments enacted in last year's $862 billion stimulus package."
Harry Reid will reopen the Senate to consider a $600 million border security bill, report Scott Wong and Carrie Budoff Brown: "Democrats will try to pass the bill by unanimous consent, which means only a handful of senators will need to be present for the unusual session less than a week into the Senate's month-long summer recess. 'It's up to Republicans to decide if they agree with this strategy,' Reid spokesman Jim Manley said. 'Do they want an issue or do they want us to get it done quickly?'"
David Leonhardt writes that the unemployed are bearing almost the whole burden of the recession, while the employed are occasionally even benefiting: "This time around, nominal wages -- the numbers people see in their paychecks -- have risen throughout the slump, as companies have passed along some of the impressive productivity to their (remaining) workers. Meanwhile, inflation has been almost non-existent, except for parts of last year, when real wages did briefly fall... the contrast is pretty stark. The typical jobless person has been out of work six months. The typical worker has received a raise."
Still to come: FinReg implementation is already running into problem; a judge in New Orleans is set to hear over 300 oil spill lawsuits; the House GOP is still hammering at health care reform; and a cat who really hates watermelon.
Economy/ FinReg
Regulators suggest new legislation may be needed to implement FinReg properly, reports Michael Crittenden: "Regulators meeting at the Federal Deposit Insurance Corp. expressed concern about a requirement restricting the use of private credit ratings by federal agencies that was included in the Dodd-Frank legislation. The requirement has forced regulators to put on hold a proposal setting capital standards for thousands of banks, particularly smaller institutions. Regulators complained that they were now left with few attractive alternatives and that the changes they could be forced to make might cause more harm than good."
FDIC is creating two new divisions to handle FinReg implementation:
Economists fear deflation more than inflation by a two to one margin, reports Phil Izzo: "Among economists who answered the question, nearly two-thirds said that deflation poses the bigger risk to the economy over the next three years; the remainder said inflation is the bigger threat. That compares to an April survey, when the economists were split 50/50 over whether inflation or disinflation posed the bigger risk over the next year."
Equipment purchases are growing fast:
The minimum income for working families to be subject to income taxes is still below 1950s levels, write Gene Steuerle and Stephanie Rennane "In 1947, a family of four owed income tax once their earnings hit 89 percent of median family income. Over the following three decades, this tax threshold fell steadily, reaching a low point of 33 percent by 1974, just before Congress enacted the Earned Income Tax Credit (EITC). It rose steadily from 1985 to 2003, when it reached 70 percent, where it remained through 2008. While that's higher than most of the past thirty years, it is still below the levels of the late 1940s and early 1950s."
Productivity fell in the second quarter:
Raghuram Rajan argues the world economy is still out of balance: "In the United States, for example, credit-fueled consumption may have been exacerbated by the government's push to expand home ownership, especially among low-income households...the political pressure on the Fed to revive the economy forces it to try to discourage household savings in downturns by keeping policy rates at ultra-low levels for sustained periods of time...As other countries come to see that the United States is willing to be the world's consumer of first and last resort, they are happy to rely on it to provide the extra demand to lift the world out of recessions, even while Americans get their finances in order."
Great moments in film criticism interlude: Scott Tobias tears apart Cats & Dogs: The Revenge of Kitty Galore.
Oil spill lawsuits will go before a judge in New Orleans, reports Dionne Searcey: "U.S District Court Judge Carl J. Barbier of the Eastern District of Louisiana will hear the civil suits filed against BP PLC and other defendants by shrimpers, resort owners and others. All say they have lost revenues because of the Gulf's oil-tainted waters. The lawsuits also include environmental claims as well as personal injury and wrongful death actions filed on behalf of workers hurt or killed when the Deepwater Horizon oil rig exploded April 20. Also, Judge Barbier will oversee rig owner Transocean Ltd.'s efforts to limit its liability."
"Biochar" fuel could reduce global carbon emissions by 12%:
BP gas stations still haven't recovered, reports John Collins Rudolf: "While the worst may be over for the BP brand, anxiety and dissatisfaction remain high among station owners and distributors. Some complain of a lack of public relations support from BP. The company introduced a lavish campaign describing its efforts to clean up the gulf, but spent little on ads explaining to the public that its station owners were independently owned businesses with only an inadvertent connection to the disaster."
"Feed-in tariff" policies are responsible for 75% of the world's solar and 45% of its wind power development:
Julia Whitty writes that the spill's worst effects may be ahead of us: "Untreated oil quickly rises to the surface, where it can be skimmed with relative ease. But treated with dispersant, it becomes a submerged plume, unlikely to ever float to the surface, and destined to migrate through underwater currents to the entire Gulf basin and eventually the North Atlantic. 'Oil is toxic to most life,' says Steiner. 'And Corexit is toxic to most life. But the most toxic of all is oil that's been treated with Corexit. Plus, dispersants may well kill the ocean's first line of defense against oil: the natural microbes that break oil down for other microbes to eat.'"
Firms building oil containment equipment are seeing purchases canceled by BP:
David Roberts argues "environmentalism" cannot solve climate change: "For 50 years, American environmental politics has been about restraining the amount of damage industries can do. Environmental campaigners have developed a set of strategies for that purpose, designed to overcome the resistance of industries and politicians to such restraints. And they've been successful in a number of areas. So when climate change entered American politics via environmentalism, that is the model into which it was slotted."
Adorable animals who are picky eaters interlude: The only cat in the world who doesn't like watermelon.
Domestic Policy
The House GOP has launched a new anti-health care reform discharge petition, reports Simmi Aujla: "Herger's petition would repeal all of health care reform, including the reconciliation, and replace it with a plan that would go after frivolous medical lawsuits and fund state-run programs for people with pre-existing medical conditions. A small group of conservative Republicans first supported King's discharge petition, but House Minority Leader John Boehner (R-Ohio) and House Republican Whip Eric Cantor of Virginia later signed on. They issued statements Tuesday backing the Herger petition as well, which Ways and Means ranking Republican Dave Camp of Michigan also supports"
Food insecurity is on the rise in the US:
DHS is expanding its deportation program, reports Elise Foley: "Secure Communities requires local law enforcement to give fingerprints they collect to immigration officials, who can then begin removal proceedings...The records also showed troubling inconsistencies county to county, said Bridget Kessler, a clinical teaching fellow at the Benjamin N. Cardozo School of Law's Immigration Justice Clinic. Some counties had far higher rates of deportation of non-criminals than the national average, such as Travis County, Texas, where 80 percent of those deported were non-criminals, or Maricopa County, Ariz., where 54 percent were non-criminals."
Regulators have found Toyota not at fault in sudden acceleration episodes:
Linda Chavez defends birthright citizenship: "Our history has been largely one of continuously expanding the community of people regarded as Americans, from native-born whites to freed slaves to Indians to naturalized citizens of all races and ethnicities. Since the abolition of slavery, we have never denied citizenship to any group of children born in the U.S.--even when we denied citizenship to their parents, as we did Asian immigrants from 1882 to 1943. This expansive view of who is an American has been critical to our successful assimilation of millions of newcomers. Conservatives should not betray these values based on a misreading of American history and legal precedent."
John Sides and Andrew Gelman debate term limits for Supreme Court justices here: and here:
Steven Pearlstein defends for-profit education: "The real potential of for-profit schools is their focus on teaching and learning. Unlike traditional universities, they have been aggressive in finding ways to use technology to cut costs and achieve economies of scale. They make extensive use of videotaped lectures and online interactive tests. Classes often 'meet' online, as well as in classrooms, and there are teaching assistants available 24/7 to help students with homework. All of this works particularly well for introductory courses, as well as for those that are part of professional training and certification."
Closing credits: Wonkbook compiled with the help of Dylan Matthews and Mike Shepard.
-Ezra Klein

FGC BOLSA - FGC FINANCIAL MARKETS : Industry- Internet .- Is Google Playing A Dangerous Game?. August 11th., 2010


MarketWatch First Take: Is Google playing a dangerous game?
By MarketWatch

Some wonder if the search giant is growing too quickly for its own long-term health, posits Jon Friedman. 

Real Clear Politics. August 11th., 2010+

Real Clear Politics Wednesday

Fed Move on Debt Signals Concern Over Economy - Sewell Chan, NY Times
The Economy Needs More Stimulus - Robert Solow, The Daily Beast
The U.S. is Bankrupt and No One Knows It - Laurence Kotlikoff, Bloomberg
Elites Out of Touch With Public's Anger - Tony Blankley, RealClearPolitics
Gibbs Right to Take on Obama's Critics - Ruth Marcus, Washington Post
Health Care Continues to Wound Dems - Peter Brown, Wall Street Journal
Circumstance, GOP Throttle Obama's Ambitions - Jules Witcover, Balt Sun
Obama's Lost the Role of Liberal Uniter - Michael Gerson, Washington Post
Israel is Getting Ready to Bomb Iran - Jeffrey Goldberg, The Atlantic
Is Ground Zero Imam a Moderate? - Reuel Marc Gerecht, The New Republic
The Radical Gay Rights Ruling - Jonathan Rauch, New York Daily News
Memo to GOP: Avoid Culture War Trap - Michael Tanner, National Review
Dems Right to Try and Save U.S. Manufacturing - Robert Borosage, Politico
How Civil Servants Become Predatory Interests - Ben Boychuk, LA Times
Ted Stevens: Loyal Defender of Alaska - Eleanor Clift, Newsweek
Hillary Fans Lost in Fantasyland - Michael Goodwin, New York Post
Dems Cringe as Rangel Rambles On - Dana Milbank, Washington Post
2010 Polls: FL Sen (Ras): Rubio +5, Crist +1 | OH Sen (Ipsos): Portman +7


Another Bailout for Unions & Spendthrift States - Wall Street Journal
President Abbas and Peace Talks - New York Times
Where KSM Belongs - New York Daily News
Stevens' Legacy Touched Lives Across Alaska - Anchorage Daily News