Tuesday, January 24, 2012

@20:40, 01/22/12 8

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http://www.spiegel.de/international/topic/euro_crisis/

Euro Aid from the ESM: EU Reaches Agreement on Permanent Bailout Fund

Euro Aid from the ESM

EU Reaches Agreement on Permanent Bailout Fund

SPIEGEL ONLINE - January 24, 2012 Euro-zone finance ministers meeting in Brussels on Monday night finalized the treaty governing the permanent euro bailout fund, the ESM. The deal paves the way for the ESM to take effect in July, a year earlier than planned. German Finance Minister Schäuble also said that final agreement had been reached on tighter euro-zone budgetary rules. more...
Merkel's Increasing Isolation: Germany at Odds with Partners over Euro Crisis

Merkel's Increasing Isolation

Germany at Odds with Partners over Euro Crisis

SPIEGEL ONLINE - January 23, 2012 Berlin has been unflinching it its efforts to both increase fiscal discipline in the euro zone and to avoid throwing more money at the European debt crisis. Increasingly, though, Germany's EU partners are unwilling to play along. Chancellor Merkel now finds herself confronted with powerful opponents. By SPIEGEL Staff more... Forum ]
Belgium's New Prime Minister: 'Europe Mustn't Just Focus on Austerity'

Belgium's New Prime Minister

'Europe Mustn't Just Focus on Austerity'

SPIEGEL ONLINE - January 23, 2012 Belgium's new prime minister, Elio Di Rupo, met German Chancellor Angela Merkel on Monday on his first official visit to Germany. In an interview with SPIEGEL ONLINE, the Socialist voices doubts about German ideas for solving the euro crisis, such as introducing balanced-budget laws across the EU, and argues for more efforts to boost growth. more...
Papa Kohl and Madame Mitterrand: EuroCrash! the Musical Brings the Crisis on Stage

Papa Kohl and Madame Mitterrand

EuroCrash! the Musical Brings the Crisis on Stage

SPIEGEL ONLINE - January 20, 2012 A new musical coming to Berlin turns the euro crisis into an amusing fairy tale, with Hansel and Gretel-like characters and a gingerbread house. But the author says he wants to point out the euro's weaknesses, and he lays some of the blame for the crisis on Germany. The Germans, he hopes, will have a sense of humor about it all.  By Aaron Wiener more...
Debt Talks: Greece Close to Write-Down Deal with Creditors

Debt Talks

Greece Close to Write-Down Deal with Creditors

SPIEGEL ONLINE - January 20, 2012 Greece on Friday took huge strides toward reaching a deal with its private creditors in an effort to slash the country's debt by 100 billion euros. And with insolvency looming, the agreement comes not a moment too soon. more...
Paying for the Euro Rescue: Germany Under Pressure to Pony Up

Paying for the Euro Rescue

Germany Under Pressure to Pony Up

SPIEGEL ONLINE - January 20, 2012 The financial markets have calmed for the moment, but the next wave of turbulence may be just around the corner. Germany is under pressure from all sides to provide more funds to rescue the common currency, but Chancellor Angela Merkel would prefer not to pay any more. By Carsten Volkery in London more... Forum ]
Poor and Prejudiced: Eastern Europe Swings Right

Poor and Prejudiced

Eastern Europe Swings Right

SPIEGEL ONLINE - January 18, 2012 Hungary is almost broke and has lurched to the right so sharply that the EU has launched legal action in defense of democracy. But the problem is far more widespread: Nationalists and populists are gaining ground across Eastern Europe. By Keno Verseck more... Forum ]


http://www.borowitzreport.com/

Concerned White House Aides Say Obama Has Not Stopped Laughing Since Saturday Night

Staff Mystified by Uncharacteristic Giddiness


WASHINGTON (The Borowitz Report) – White House aides are alarmed by uncharacteristic behavior on the part of President Obama, who they say has been laughing uncontrollably since 7 PM Saturday night.
The aides, who spoke on condition of anonymity, said that they heard “unusual howls” coming from the Oval Office just after the seven o’clock hour on Saturday evening, causing them to rush to the President to ascertain the cause of the uproar.
“It was weird,” one aide said.  “He was just watching cable news.”
The staff members thought little of the normally reserved President’s giggle attack until it continued throughout the weekend, which saw Mr. Obama laughing uncontrollably and stopping only to gasp for air.
Ever since Saturday, Mr. Obama has been oddly giddy throughout White House staff meetings, the aide said, and has been seen doodling the initials “N.G.” in the margins of memos “like a love-struck schoolgirl.”
“The only thing we can think of that N.G. might stand for is Not Good,” the aide said.  “But why would he be so happy about something that’s not good?”


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  • TimesPeople recommended a video:
    Jan 22, 2012
    The iPhone Economy
    http://krugman.blogs.nytimes.com/2012/01/22/apple-and-agglomeration/
    http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html
  • TimesPeople recommended a user:
    Jan 22, 2012
    whiskey_mitten

    • whiskey_mitten posted to Twitter an interactive graphic:
      Oct 23, 2010
      Lunch Line Redesign
      “Better eating through behavioral psychology: Lunch Line Redesign - http://nyti.ms/aatPfh” 
      It is a real problem and must get solved.
      "The dogs don't like it." has been what drove the feeding programs.
    • whiskey_mitten posted to Twitter an article:
      Oct 18, 2010
      Scholars Return to ‘Culture of Poverty’ Ideas
      “Culture as Voldemort, redux= institutionalized interactions & practices of shared understanding. Mario props! http://nyti.ms/cMV7D7” 
      Go back to the original papers.  
      It is a good observation poisoned by a terrible application.
  • TimesPeople recommended an interactive graphic:
    Jan 22, 2012
    Your Street Style Photos: Houndstooth - The New York Times
    Be your own street photographer by showing us your style or someone else's in your current climate. Every week, the Styles section solicits street fashion photos based on a theme. The best photos will be published on Nytimes.com/fashion on Mondays...

    I looked again at Cunningham: World Unite and at Brimming.
    He is right about the hats.
    I looked at the Paris shows as published in the Times.
    They seem to mostly be running the same loop we have seen for forty years.
    Ralph Lauren may be different.
  • TimesPeople recommended a user:
    Jan 22, 2012
    James Wah Kong Chan
    • James Wah Kong Chan commented on an article:
      Mar 14, 2010
      In Hard Times, Lured Into Trade School and Debt
      I know of one corporate manager, who, after having been downsized and had difficulties finding a job, paid $18,000 for several months of "training" to an organization that promised to turn him into an instant, "successful" entrepreneur. He did not become a successful entrepreneur. Several years after the bad experience, he found another job doing what he had done before but at a lower salary. The good news is that the man landed on his feet. When times are bad, people feel desperate and they are more likely to become victims of fast-talking salespeople whose goal is to make the sale. For-profit organizations are there for one reason -- they are into profit, not prophecy. There is nothing wrong in paying to improve one's knowledge and skills. But the buyer must be truly interested in the subject to make the "training" worthwhile, for the long haul. There is no overnight success. The difference between the "for-profit" schools and the "regular" prestigious schools is that the former relies on selling the idea to people whereas the latter attract people who already sold themselves to the instititions. They are self-motivated -- the best pre-requisite for any success.
  • TimesPeople recommended a user:
    Jan 22, 2012
    Chris_B_Leone
    • James Wah Kong Chan commented on an article:
      Mar 14, 2010
      In Hard Times, Lured Into Trade School and Debt
      I know of one corporate manager, who, after having been downsized and had difficulties finding a job, paid $18,000 for several months of "training" to an organization that promised to turn him into an instant, "successful" entrepreneur. He did not become a successful entrepreneur. Several years after the bad experience, he found another job doing what he had done before but at a lower salary. The good news is that the man landed on his feet. When times are bad, people feel desperate and they are more likely to become victims of fast-talking salespeople whose goal is to make the sale. For-profit organizations are there for one reason -- they are into profit, not prophecy. There is nothing wrong in paying to improve one's knowledge and skills. But the buyer must be truly interested in the subject to make the "training" worthwhile, for the long haul. There is no overnight success. The difference between the "for-profit" schools and the "regular" prestigious schools is that the former relies on selling the idea to people whereas the latter attract people who already sold themselves to the instititions. They are self-motivated -- the best pre-requisite for any success.


      Businesses have been willing to train people they want.
      At this time businesses want no people.

















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