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In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss how with a university education, one may steal the whole railroad but will also leave the student heavily in debt with tumbling starting salaries. In the second half, Max interviews Jan Skoyles about China's gold, international payment systems, bail-ins and Getting REAL.
APPLE: Matt Levine: Apple's stock was trading at around $565 yesterday. "Apple thinks that number is too high, and so is going to cut it by six-sevenths, to some number around $80, by giving everyone six extra shares for each share they currently hold. This is not the sort of story where I explain to you that changing the nominal price of a stock doesn't change the economic value of the company; I hope we are all grown-ups here." Read more @JonathanWeil (Jonathan Weil): It's Apple! It's Google! So it must be huge news? Uh, no. http://bv.ms/QLQMqq Leonid Bershidsky:"Amid all the momentous news from Apple Inc. -- the stock split, the record nonholiday quarter, the $30 billion increase in the stock buyback program -- there's a trend that speaks more eloquently about the company's future: the trouble with its stores." Read more LAW: The Editors: "President Barack Obama's decision to let thousands of convicted criminals apply for early release from federal prison is morally sound, fiscally sane and politically astute. It's also, as Obama surely knows, playing with fire." Read more
HEALTH-CARE REFORM: Jonathan Bernstein: "Those looking for the best example of a Michael Kinsley gaffe -- when a politician inadvertently tells a truth he or she isn't supposed to reveal -- should look no further than House Speaker John Boehner. Repealing Obamacare 'isn't the answer,' he said, Republicans also need to offer a replacement." Read more JAPAN: William Pesek: When Japanese President Shinzo Abe and U.S. President Barack Obama "met in Tokyo this week, much of the talk focused on security, including North Korea's nuclear program and territorial disputes with China. Far more important is the challenge of returning the Japanese and U.S. economies to health." Read more AFFIRMATIVE ACTION: @paulaEdwyer (Paula Dwyer): As Jay Gatsby could attest, race-based affirmative action is still needed in the U.S. Here's why: http://bv.ms/1gXtSDe CANADA: "To hear the Canadian government tell it, Barack Obama's administration has yet to approve the Keystone XL pipeline because it won't stand up to environmental activists,"Christopher Flavelle writes. "Exhaustive new reporting offers a more persuasive explanation: The oil pipeline hasn't been approved because the Canadian government keeps screwing up." Read more CHINA: @kavithadavidson (Kavitha A. Davidson): Starbury's got golden dreams in China http://bv.ms/1gXriwO INVESTING: Matthew C. Klein: "A funny thing happened on the way to the Great Rotation from bonds to stocks: Fixed-income assets have crushed equities so far this year." Read more SPORTS: "The most amazing thing about National Football League cheerleaders is that for the countless hours they put in on practice, appearance and weight control, their salary is, to a first approximation, nothing," Megan McArdle writes. "Should people be outraged?" Read more GUNS: Francis Wilkinson breaks down Wayne LaPierre's NRA gangster rap: Read more FOOD: @kirstensalyer (Kirsten Salyer): Ronald McDonald's makeover is creepy on a bun. I'm not lovin' it. bv.ms/1lQgu76
As businesses, particularly in the energy sector, campaign to maintain ties with Moscow, the world's seven wealthiest nations said on Friday they would impose additional sanctions on Russia resulting from its military action in Ukraine.
The word "together" has become loaded in the Grizzlies-Thunder series, which involves teams with different philosophies. One operates a sharing-is-caring offensive system, while the other relies on a superstar tandem.