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Jari Salomaa
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A New Clue to Explain Existence
New evidence could help clear up why the universe is composed of matter and not its opposite, antimatter.
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An Interview With Sarah Burton
She may be a great designer.She is a great fashion designer.We will have to look at the shows.
I am not and do not wish to be. -
Valerie
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Strains for Hispanic Caregivers
Fabiola Santiago lives in the Miami suburbs, two miles from her 81-year-old mother and 87-year-old father, whom she looks after. As the single mother of three grown daughters, she might live in the city or in Miami Beach if she had no family respo...
My plan is to pass the responsibility for care. Providing the care can also be passed. Margaret has responded positively to inquiries. Her boys will do better on their own for a time.
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Michael Ahearn
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How Fox Betrayed Petraeus
The rage over the “ground zero mosque” is not motivated by a serious desire to protect America, but by a desire for an election-season payoff.
The project ran into title trouble on the property and lost financial support. You can dig out all the details here:
http://www.cordobainitiative.org/
They may not be talking.
http://park51.org/vision.htm
http://park51.org/category/in-the-news/
http://park51.org/2011/09/islamic-center-opens-its-doors-near-ground-zero/
http://www.npr.org/templates/story/story.php?storyId=140693172
Not found.
http://www.pbs.org/wgbh/pages/frontline/religion/man-behind-mosque/imam-feisal-adbul-rauf-and-daisy-khan-we-are-simply-people-caught-in-the-middle/
http://www.thedailybeast.com/articles/2011/06/30/feisal-abdul-rauf-on-ground-zero-mosque-his-regrets-donald-trump-fox-news-and-9-11.html
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John
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How Fox Betrayed Petraeus
The rage over the “ground zero mosque” is not motivated by a serious desire to protect America, but by a desire for an election-season payoff.
Finally not an event.
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Critics’ Picks: ‘The Wild Bunch’
Not quite this time.
http://donhenryfordjf.blogspot.com/2011/11/charles-bowden-on-mexico-drug-wars-and.html
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christian.delrosso
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Text-Blocking Apps
“Pogue on Text-Blocking Apps - http://nyti.ms/dbs09b”
Cute and far too true.
Distracted driving does not require help.
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Heather Sturges
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A Future That Doesn’t Guzzle
The Toyota FT-CH compact hybrid vehicle at the auto show in Detroit. The automakers are emphasizing hybrid gas-electric and battery-powered cars.More Photos >
Hybrid really has no future. If one needs the range why carry the battery and electrics?
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Tanja
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The Economics of Blogging and The Huffington Post
“Good analysis on the value of blog posts: The Economics of Blogging and The Huffington Post - http://nyti.ms/gAeg9p”
AOL bought an editor.
These people need to find a different song.
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Sanden Totten
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A Future That Doesn’t Guzzle
The Toyota FT-CH compact hybrid vehicle at the auto show in Detroit. The automakers are emphasizing hybrid gas-electric and battery-powered cars.More Photos >
Not quite yet. The dealers are not brave to electrics.
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Snapperpacheco
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Strains for Hispanic Caregivers
Fabiola Santiago lives in the Miami suburbs, two miles from her 81-year-old mother and 87-year-old father, whom she looks after. As the single mother of three grown daughters, she might live in the city or in Miami Beach if she had no family respo...
Family is better. We all speak the same idiom. Often it matters.
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davidorban
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Explaining Egypt
6:10 p.m. | Updated [My Twitter take on the presidential news from Egypt: From Crowd Sourcing to Crowd FORCING> Mubarak Won't Run again: http://nyti.ms/eCv9iq]
http://topics.nytimes.com/top/news/international/countriesandterritories/egypt/index.html?scp=1&sq=egtpt&st=cse
"In October, members of the military council said they planned to retain full control of the Egyptian government even after the election of a new Parliament begins in November. The legislature will remain in a subordinate role similar to Mr. Mubarak’s former Parliament, they said, with the military council appointing the prime minister and cabinet."
"Recent Developments
Oct. 9 A demonstration by angry Christians in Cairo touched off a night of violent protests against the military council ruling Egypt, leaving 24 people dead and more than 200 wounded in the worst spasm of violence since the ouster of President Mubarak. The protest occurred against a backdrop of escalating tensions between Muslims and Coptic Christians, and appeared to catch fire because it was aimed squarely at the military council, at a moment when the military’s delays in turning over power had led to a spike in public distrust of its authority."
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Morning T | Christian Louboutin
He is having fun advancing his obsession.
"The Boot" is not my idea of a nice thing.
http://en.wikipedia.org/wiki/Boot_%28torture%29
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Bini
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A New Clue to Explain Existence
New evidence could help clear up why the universe is composed of matter and not its opposite, antimatter.
Interesting to me. Useless knowledge at the moment.
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444444444444444444444444444444444444444444444444444
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Sanden Totten
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A Future That Doesn’t Guzzle
The Toyota FT-CH compact hybrid vehicle at the auto show in Detroit. The automakers are emphasizing hybrid gas-electric and battery-powered cars.More Photos >Almost two years in the past.http://en.wikipedia.org/wiki/Electric_cars#Currently_available_electric_carshttp://en.wikipedia.org/wiki/Currently_available_electric_carsFurther research.
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davidorban
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Explaining Egypt
6:10 p.m. | Updated [My Twitter take on the presidential news from Egypt: From Crowd Sourcing to Crowd FORCING> Mubarak Won't Run again: http://nyti.ms/eCv9iq]Not much hope.
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Tanja
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The Economics of Blogging and The Huffington Post
“Good analysis on the value of blog posts: The Economics of Blogging and The Huffington Post - http://nyti.ms/gAeg9p”Whine.
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christian.delrosso
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Text-Blocking Apps
“Pogue on Text-Blocking Apps - http://nyti.ms/dbs09b”Cute. A fix that will not be used.
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Michael Ahearn
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How Fox Betrayed Petraeus
The rage over the “ground zero mosque” is not motivated by a serious desire to protect America, but by a desire for an election-season payoff.
Wave the bloody shirt.
http://en.wikipedia.org/wiki/Bloody_shirt
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Tuesday, November 15, 2011
On the Dubious Defenses of the Netting of $4 Trillion of US Bank CDS to the Eurozone
One of the reasons I’m not a big fan of Twitter is that I don’t see it as being useful save for communicating short updates (Raid on Zuccotti Park! Come help fast!) or a terse assessment with a tiny URL. Even more can be misconstrued (or can pretend to be misconstrued by a nay-sayer) than in longer forms of communication.Nevertheless, I think we can safely make some conclusions re the following tweet from Economics of Contempt on the over $4 trillion notional of US bank exposure to Eurozone risks. A Reuters story recounts how the Financial Stability Oversight Council is trying to get a grip on the positions. Even the bank lobbying group the International Institute of Finance is cautious:
“As such, the potential for contagion to the U.S. financial system is not small,” the Institute of International Finance, the lobby group for major international banks, said last week.Nevertheless, there is not much room for misinterpretation of this exchange:
In the Economics of Contempt remark, it isn’t hard to detect a patronizing, “Ah, you non-insiders just don’t get how this works, do you?” tone. The problem with EoC’s airy assurance is the intense regulatory focus says the authorities don’t buy the industry’s reassurances, and for good reason. Any time a big dealer implodes (and per Bear Stearns and MF Global, they can fail suddenly and catastrophically), it can set off a domino effect of counterparty shortfalls as one side of supposedly netted positions is suddenly not there. An excellent primer on FT Alphaville that we highlighted earlier explains how this can happen. And remember, MF Global (not unlike LTCM in 1998) failed in an manner that the authorities did not anticipate and would not have been monitoring at other dealers.
And the poster child of this is Lehman. Unlike Bear and MF Global, its distress was widely recognized, if not universally believed. And contra EoC, the position marks, and therefore any related netting, were not as clean and tidy as he implies. One tax lawyer at a major dealer bank (and being a tax lawyer means you really need to understand how the trades work) told me that two years before the death of Lehman, he heard from a colleague that Lehman was so desperate to lower its funding costs that every day the “repo gremlins” would go through the firm to hock anything and everything they could. He even said if there was any way to take the firm’s staplers and put them into a structured vehicle so they could repo them, they would.
http://www.zerohedge.com/news/presenting-deutsche-banks-pitchbook-ecb-go-all
http://firedoglake.com/
Time for sleep.
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