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E-reader News Edition - 22/11/10 Could there be two John Pistoles? D a vi

E-reader News Edition

- 22/11/10

Submitted at 11/22/2010 10:29:01 AM

Could John Pistole have an identical twin who helps him run the Transportation Security Administration — a John Pistole and a John Pistole, maybe? Here’s why… John Pistole appeared over the

weekend on CNN’s State of the Union to say that TSA’s highly invasive airport security screening procedures are here to stay. Those would be the ones that give travelers the choice of having their physical accouterments inspected either by sight or by hand — but always by complete strangers. “No, we’re not changing the policies,” he told CNN. Then on Monday, John Pistole showed up on NBC’s Today show


America with the news that TSA is rethinking its methods of

operation. “What I’m doing is going back and looking at: Are there less invasive ways of doing the same type of screening?” he said. But at the same time, John Pistole was in front of the cameras again, this time on MSNBC’s Morning Joe, where he defended full-body scans as safe and patdowns as effective at preventing people from boarding airliners with bombs. “In the final analysis,” John Pistole said, “reasonable people can disagree … as to privacy and security. But everybody wants to make sure that everybody else on that flight you’re on has been properly screened, just as they want to make sure you and I have been properly screened.” Confused? You shouldn’t be. The explanation is simple. John Pistole is under intense pressure from the public, members of Congress and others to modify modes of security

members of Congress and others to modify modes of security screening that violate the American sense

screening that violate the American sense of personal modesty. Meanwhile, John Pistole is trying to protect those same rudely awakened Americans from knuckleheads who would gladly undergo personal mortification in exchange for the chance to blow themselves limb from limb, along with as many other people as possible. In other words, italics aside, there’s only one John Pistole and he’s trying to find a

way to satisfy America’s need for unadulterated personal space while protecting America’s personal safety from people who might be disposed to hide explosives in their underwear. He might wish he were two people. That can be no enviable task for one guy. Photo Credits: Reuters/Jonathan Ernst ( John Pistole); Reuters/ Jonathan Ernst (John Pistole); Reuters/Tim Shaffer (TSA Body Scanner); Reuters/Handout (Accused Underwear Bomber Umar Farouk Abdulmatallab) Click here for more political coverage from Reuters This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

Nick Saint (Business Insider)

Submitted at 11/22/2010 2:03:00 PM

Microsoft went all out for the opening of its new retail store in its backyard of Bellvue. Steve Ballmer went nuts, as per usual, but the real attraction for most of the mob was teen pop star Miley Cyrus. Between songs, Microsoft even got her to do a little straight up shilling for the Xbox Kinect. Check it out:



Submitted at 11/22/2010 9:00:00 AM

Pogo's Disney remixes are legendary. "This is my track Wishery, comprising vocal syllables, musical chords and

sound effects recorded from the 1937 Disney classic Snow White And The Seven Dwarfs," he says. via [ changethethought]



2 Business/ E-reader News Edition

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Ben Crair (Business Insider)

Submitted at 11/22/2010 1:49:27 PM

Twitter's 140-character blasts aren't bringing down the newspapers. They're just turning journalists into sniggering cheap- shot artists. Ever since reporters started using Twitter, an old guard of newspaper hands has complained that the micro-blogging site is undermining the art of journalism, 140 characters at a time. But Twitter is actually more

of a threat to a particular strain of journalism, a mostly noble one:

press criticism. On Twitter, every journalist is a press critic. This may sound like a good thing:

Journalism, more than most institutions, would seem to benefit from self-scrutiny. But, trust me, it isn’t. Twitter opens a window into journalists’ minds and, often times, the view ain’t pretty. Take one example from last week: ABC White House correspondent Jake Tapper’s near meltdown last week over the Twitter meme#nprgoesnazi. Taking Fox News chief Roger Ailes’ comment to The Daily Beast’s Howard Kurtz that NPR is

Twitter users

began re-imagining NPR’s programming for Das Fuhrer:

“This American Life” became “This American Reich,” etc. When jokes started veering towards the Holocaust, Tapper

was quick to wag his finger, as might seem appropriate. But note

his method: First, he tweeted, “Going off twitter. Let me know when the liberals joking about the Holocaust (in response to Ailes' comments) stop.” After a 24- minute sabbatical, Tapper returned to say he was equally

mentioned the Holocaust and announced, “i dont have a different standard for people who trivialize the Holocaust based on their politics.” By attacking both liberals and Beck, and then announcing his own lack of a double standard, Tapper used his purported offense at the joke as an excuse to trumpet his own objectivity and high standards. Such self- promotion is the yeast that makes Twitter press criticism rise. Journalists attack other publications in ways meant to emphasize their own superiority to the thing they mock; they type with one hand and hold their noses with the other. Slate’s Dave Weigel, who was once one of the lead reporters covering birther-queen Orly Taitz, now regularly uses Twitter to snark at journalists who cover fringe politicians. “Haha, that stupid guy is still stupid! Let’s hit him with rocks,” he wrote after Politico ran an article about Alvin Greene’s presidential ambitions. When Sarah Palin misidentified




ambitions. When Sarah Palin misidentified Beck when Glenn one of her own endorsees, National Journal’s Marc

one of her own endorsees, National Journal’s Marc

Ambinder had his cake and ate it too by tweeting, “Hey media-- shiny Sarah Palin mini-gaffe--go wild!” with, of course, a link to Palin’s error. Ambinder went on

to berate other reporters who

covered Palin’s mistake, explaining he only mentioned it in the first place because “I just want

to see how quickly everyone

becomes obsessed with a typo.” (In Ambinder’s case, the answer was mere seconds.) Such half-baked media criticism

is so rampant on Twitter that it’s already developed its own clichés.

A concerned comedian might

want to sit down the Washington press corps and explain that it’s

not funny to tweet the word “BREAKING” followed by a link

to or summary of an article whose content the tweeting journalist finds obvious. (For example, Talking Points Memo’s


Odds are election results will be broadly in line with poll consensus.”) The Awl’s Choire Sicha recently named and

described the “ hate retweet,” in which a journalist simply retweets without comment something he finds laughable; the gesture drips with scorn. Press criticism, of course, is a good thing and keeps everyone on

their toes. Still, there’s something about Twitter—maybe its the faux-intimacy it intimates through

real-time conversations, and the instigating legions of like-minded followers (or, even better, antagonistic competitors)—that, as Sicha writes, “is literally designed to bring out the worst in people.” The worst in people, when it comes to many writers, appears to be an insecurity about their own standing in the journalistic firmament and a consequential complex that attempts to camouflage this insecurity with mockery and snark. BREAKING: Journalists have been and will always be vicious gossips. But on Twitter, everyone tastes their sour grapes. Ben Crair is the Deputy News Editor of The Daily Beast. This article originally appeared at The Daily Beast and is republished here with permission. Join the conversation about this story » See Also:




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Kit Eaton (Fast Company)

Submitted at 11/22/2010 1:27:27 PM

There's been a lot of fuss about Apple's plans for a next-gen integrated SIM card in iDevices, and new reports even suggest that Apple's now abandoned the plan, for the iPhone at least. But does all the fuss even make sense? Not necessarily. The rumor that Apple's pulled back from it's digital SIM plans comes from the slightly unlikely source of the U.K.'s Sunday Telegraph newspaper, which notes that Steve Jobs' company has now officially abandoned the idea. The reason is direct pressure from European cell phone operators--we'd learned that they were getting uppity about the idea, even threatening legal action. The Telegraph has spoken to sources in the industry that suggest these machinations have been successful. "Apple has long been trying to build closer and closer relationships and cut out the operators," says the source, adding "But this time they have been sent back to the drawing board with their tails between their legs." This is a pretty venomous comment, given how often the networks themselves been the subject of legislation to force them to be fairer to both their customers and competitors. But actually Apple's plan was

I st v a n D ea k (The New Republic - All Feed) never to

never to " cut out" the cell phone networks. How could it? Apple is not going to build, lease or operate its own cell network in multiple countries across the world--it's not a viable plan. When it sells the iPhone to consumers, it's relying on another industry to operate the devices. Because the iPhone is such a hot property, and Jobs is a clever negotiator, the computer firm has had more success than other manufacturers in breaking the stranglehold the networks hold over their users (arguably in all of

Bloodlands: Europe Between Hitler And Stalin

our benefits) but it still needs them. The integrated SIM card would have worked exactly like a physical SIM card: The chip in a SIM card contains a limited lump of encrypted data that digitally identifies the user and the phone it's plugged into to the relevant network. The only difference Apple's plan would've involved is that the SIM would be virtual--the codes would work the same way as the code on a SIM's chip, and the phone would identify and connect to the networks in exactly

By Timothy Snyder (Basic Books, 524 pp., $29.95)

the same way as it does nowadays. The move simply places control of activation of the SIM in Apple's hands, which gives the firm more control over the security of the device. But control over the contract would remain with the network: Apple would have to request a phone number and other data from the networks to activate each iPhone. The network even gets to save money, as it needn't produce and package millions of SIMs. The one thing the networks wouldn't be able to do is "lock"

the phone to their service, which forces consumers to stick with a particular network even if they terminate their existing contract. That will definitely have irked many cell phone operators, even if it doesn't make sense: If a particular network wants to keep a consumer to itself, then it should do so by offering the best service, rather than crippling their phones- -or so the logical argument runs. The Telegraph notes that Apple may still continue with its plan in iPads, since these aren't carrier subsidized. And while that may be true, it also weakens some of the anti-Apple arguments, as E.U. networks often don't subsidize the phone's price either. So where does this leave the story? It's not clear. The Telegraph may be wrong, and Apple may still be pushing ahead with its integrated SIM plans, aided by moves made by the international GSM organization itself, and quietly negotiating deals with cellphone operators around the world to manage virtual SIMs. It may have merely been testing the idea out, for incorporation not into 2011's iPhones, but 2012's or even later. To keep up with this news, and more like it, follow me, Kit Eaton, on Twitter.



4 Business/ E-reader News Edition

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4 Business/ E-reader News Edition Check-in/Coupon Business Exploding: Groupon Gets Into Digital Music Downloads Kit

Kit Eaton (Fast Company)

Submitted at 11/22/2010 1:44:55 PM

Groupon is soaring like a rocket

at the moment: Today it opens the

Grouponicus Store, with

Rihanna's new album as the star offering and social media links a- plenty built in. It's the latest sign that the check-in/coupon digital marketing phenomenon is exploding. As well as the "variety of unbeatable features that have made Groupon a global phenomenon" the press release states, "LOUD will be available as

a $5 digital download in the

inaugural holiday store of Groupon, the Grouponicus Store, beginning November 22, 2010."

That's a pretty big coup for Groupon, given the big-star status of Rihanna, and the fact that LOUD is running at $9.99 in

Apple's iTunes store--the biggest music retailer in the U.S.

The company is calling it a "first

of its kind" deal, and while it's

definitely a success, it's probably almost as much thanks to the clever marketing that Rihanna's team are using for the new record, which includes "aggressive" social media activity across the usual suspects of Twitter, Facebook, and MySpace. The Grouponicus store in itself is

a sign that Groupon's new

business model is affecting the way consumers think about online purchases: It opened for the

holiday season at 12:00 EST today, transforming Groupon from a popular shopping deals platform into a deals platform that also has a bona fide online store, ready to compete with the likes of Amazon and now iTunes with this deal with Rihanna. The venture into music is also likely to become a big part of the way Groupon works, if you look at the language of the press release--and it makes sense, given the massive "captive audience" Groupon has among its millions of members around the world, which makes promotion of new MP3 deals

easy. It's also another sign that the phenomena of check-in apps and coupon websites is really taking



Disney, Foursquare's with Pepsi and a string of other big names, and other efforts like the location- based, email-friendly WeReward scheme, you begin to see a whole new industry popping up alongside and in between the existing "traditional" retail models. It's also a sign that Apple really needs to step up its efforts with Ping if it's to transform the faltering social net shopping system into one that is competitive with Groupon, Foursquare, and the others. To keep up with this news, and more like it, follow me, Kit Eaton, on Twitter.





Kit Eaton , on Twitter. with off. When y ou partnership 10 TSA Horror Stories Of

Submitted at 11/22/2010 1:49:30 PM

Get ready. It's just days until millions of Thanksgiving travelers come face to face (hand-to-groin) with the new TSA security measures. It doesn't look fun. Especially when an 8-year-old boy has to take his shirt off or a cancer survivor gets covered in urine. Those are some of the horror stories that may, just may, force the TSA to come up with a new security procedure. On Wednesday, angry travelers are holding National Opt-Out Day, a protest to refuse the body scan and opt for a pat down, which takes more time and will cause delays. Click here to read the horror stories > Join the conversation about this story »

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Business/ Technology/


Austin Carr (Fast Company)

Submitted at 11/22/2010 2:47:09 PM

"We are now primarily a streaming company that also offers DVD-by-mail," Netflix CEO Reed Hastings recently declared. And today, the company put its money where Hastings' mouth is. Netflix announced Monday that it is now offering a new streaming- only $7.99 monthly plan that lets subscribers watch its expansive library of online TV and movie content--but without access to its DVDs by mail. Subscription rates are actually increasing for that service--its two most popular plans (one and two DVDs out a time) are increasing by $1 per month--suggesting the company is

trying to attract more users to its streaming service.

"The fact is that Netflix members are already watching more TV episodes and movies streamed instantly over the Internet than on DVDs, and we expect that trend

to continue," wrote Jessie Becker,

VP of Marketing, on Netflix's blog. "Creating the best user experience that we can around watching instantly is how we’re spending the vast majority of our time and resources. Because of this, we are not creating any plans that are focused solely on DVDs by mail." Indeed, at its most recent earnings call, Netflix said 66% of its users are streaming content online--up from 41% year-over- year--and boasted that the

online--up from 41% year-over- year--and boasted that the majority of its members would soon be watching

majority of its members would soon be watching more content streamed than on DVD. Netflix has also been aggressively expanding its online catalogue with deals with Epix and

company would love to cut some of the strains of its by-mail service, which costs an estimated$600 million annually in postage fees.



But the shift in its subscription plans also suggests a reaction to competitors Blockbuster and Hulu. The threat from behemoth (and ultimately bloated) Blockbuster kept Netflix's by-mail service cheap--both companies engaged in a pricing war until they settled on the same costs for plans (1 DVD for $8.99, 2 for $13.99, etc.). Blockbuster's recent bankruptcy gives Netflix some leg -room to increase its rates. That leaves Netflix positioned against a new arch rival: Hulu. The streaming TV service recently dropped its subscription service to $7.99 per month--the exact same price now as Netflix's streaming-only option.

Brent Archer (BloggingStocks)

its other DVD rental plans of at least $1 monthly. The unlimited streaming-only plan is cheaper

than all its other unlimited offerings, so this move should be

a win either way for NFLX. If

customers continue with their current plans, then revenues increase. If customers downgrade to the streaming-only service or downgrade their DVD plan, overhead costs decrease. The only bad news would be if customers cancel their plans in outrage,

which seems unlikely. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on

NFLX. NFLX opened this morning at $181.07. So far today the stock has hit a low of $181.00 and a high of $187.80. As of 11:50, NFLX is trading at $186.03 up $13.25 (7.5%). The chart for NFLX looks bearish and S&P gives NFLX a negative 2 STARS

Submitted at 11/22/2010 2:00:00 PM

Filed under: Major Movement, Good news, Netflix, Inc. (NFLX), Options, Technical Analysis Netflix ( NFLX- option chain) shares are rising today after the company launched a new streaming-only subscription plan in the US which allows users unlimited access to its online content for $7.99 a month. NFLX also announced price increases for

Submitted at 11/22/2010 1:28:02 PM

Furniture' is a unique piece of concept furniture from designer Juil Kim. 'Yoyo Furniture' is designed to be easily raised and lowered by spinning the seat up or down like a wingnut. Height- adjustable




Business/ Technology/

6 Business/ Technology/ E-reader News Edition

E-reader News Edition

6 Business/ Technology/ E-reader News Edition Bringing Computer Modeling to "The Hurt Locker" David Zax (Fast

David Zax (Fast Company)

from an explosion interact with the brain. The computer models they came up with, according to MIT, give an unprecedented amount of detail, delving into the physics of blast waves, and distinguishing its effects on the skull, sinuses, cerebrospinal fluid, and gray matter. In the hopes of spurring further research, Radovitzky is releasing his computer code to the public today. The intriguing--and helpful-- finding of Radovitzky et al. is that helmets aren't enough. The face, it turns out, is the main thoroughfare by which shock waves make their way to the brain. The typical

combat helmet delays the arrival of these waves to the brain, but doesn't prevent their arrival. But Radovitzky's team showed that the addition of a polycarbonate face shield to the model greatly reduced the effects of blast waves on the brain. The findings are published in today's edition of the Proceedings of the National Academy of Sciences. Further study is needed, looking at on varying explosion angles and intensities, and examining whether the torso and neck could also be pathways by which the concussive force of explosions rattles brains. [Images: The Hurt Locker; MIT]

Submitted at 11/22/2010 3:01:01 PM

A group of MIT researchers developed computer models to simulate the effects of explosions on brain tissue, concluding that adding face shields to standard- issue helmets could greatly reduce traumatic brain injuries. 130,000 US service members have sustained traumatic brain injuries from the wars in Iraq and Afghanistan. A group led by MIT's Raul Radovitzky, an associate professor in its Department of Aeuronautics and Astronautics, set out to model just how the pressure waves emitted

Wade Hansen (BloggingStocks)

Cola, Western Gas and More Wade Hansen (BloggingStocks) market value of $2,730,948. Insiders now own 1.35%

market value of $2,730,948. Insiders now own 1.35% of the company's stock after decreasing their overall holdings by 0.38% during the past six months. Continue reading Insiders Snapping Up Coca Cola, Western Gas and More Insiders Snapping Up Coca Cola, Western Gas and More originally appeared on BloggingStocks on Mon, 22 Nov 2010 15:00:00 EST. Please see our terms for use of feeds. Permalink| Email this| Comments

Submitted at 11/22/2010 3:00:00 PM

Filed under: Insiders, Coca-Cola (KO), Stocks to Buy If you are looking for clues telling you which stocks have a good chance of increasing in value, you might want consider watching what insiders are doing. After all, talk is cheap, but when insiders put their own money on the line, you should sit up and take note. Coca Cola Co ( KO) topped the insider-buying charts for the week ending July 9th as insiders snapped up 270,000 shares of company stock at a market value of $16,899,786. During the past six months, insiders have increased their overall holdings in the company by 3.15% and now own 0.55% of KO stock. Western Gas Partners L P ( WES) was not far behind, with insiders buying 91,275 shares at a

2010 L.A. Auto Show, then the Cadillac Urban Luxury Concept would be a front-runner for sure. Cadillac debuted its new concept car, which is astoundingly small

Submitted at 11/22/2010 1:59:03 PM

( If there was an award for show-stealer at the

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E-reader News Edition Business/ Technology/ 7

Business/ Technology/


Sheldon Liber (BloggingStocks)

Submitted at 11/22/2010 2:30:00 PM

Filed under: Major Movement, Chasing Value[TM], Newcastle Investment (NCT) Two months ago I wrote about a stock I bought for 60 cents appreciating over 600% to close at $3.84. Just a month later Newcastle Investments ( NCT) reported earnings and I posted Chasing Value: Newcastle Reports Great Results noting the stock had popped again, rising to $4.84. The report was certainly positive, but it's getting nuts with no slowdown in sight. In the interim I have resisted writing about this again, but today the stock has jumped over $6.00 per share and in the words of Peter Lynch, it's a "ten bagger". Clearly this is exciting news and I have a huge gain, but at the same

is exciting news and I have a huge gain, but at the same time I am

time I am at a loss to explain this vertical leap. Continue reading Chasing Value:




originally appeared on BloggingStocks on Mon, 22 Nov 2010 14:30:00 EST. Please see our terms for use of feeds. Permalink| Email this| Comments

Steven Halpern

Submitted at 11/22/2010 1:20:00 PM

Commodities, Oil, Stocks to Buy "ConocoPhillips ( COP) is one of my favorite ideas for investors seeking a reliable (and increasing) income stream and modest upside potential," says Nathan Slaughter. The editor of Street Authority Market Advisor explains, "With the dollar sliding, oil prices have climbed back above $87 per barrel and could soon flirt with the $90 mark. And ConocoPhillips produces 1.72 million barrels every 24 hours. "Through the first nine months of 2010, adjusted earnings in the



2010, adjusted earnings in the ( COP ) , Filed under: core exploration and production segment

core exploration and production segment at ConocoPhillips are up more than 100%. Continue reading ConocoPhillips (COP): An 'Excellent Value'



appeared on BloggingStocks on Mon, 22 Nov 2010 13:20:00 EST. Please see our terms for use of feeds. Permalink| Email this| Comments

Submitted at 11/22/2010 2:00:00 PM

We'll be back with a full roundup as always at 4:00 PM ET, but with an hour to go, you can't help be

marvel at the strength of this market. There are all kinds of headwinds:

The Irish crackup, ongoing weakness in China and Hong Kong, and the widening insider trading probe. But the Dow and

and the widening insider trading probe. But the Dow and the S&P 500 are off less

the S&P 500 are off less than 0.5%. The NASDAQ is even up.

So far, it's a win for the bulls. Join the conversation about this story »

for the bulls. Join the conversation about this story » Verizon LTE SIM Cards Showing up

Evan Selleck (SlashGear)

Submitted at 11/22/2010 1:18:51 PM

With Verizon getting ready to


network in just a matter of weeks, there’s no surprise that the company would be getting their retail locations ready for what’s to come. We know that there aren’t any handsets being readied for the initial roll-out, but that doesn’t mean that the USB modems and netbooks won’t need their own LTE 4G SIM cards. The photo does indeed show a 4G-branded SIM card, with the Verizon logo present as well. As we mentioned above, Verizon won’t have any handsets ready to go right off the bat, but the SIM cards should be used for USB modems, as well as notebooks that get green-lit for 4G connectivity. With the LTE launch due in December, at least a few Verizon customers out there are counting down the days until they can access the faster speeds. [ via Droid-Life]


Top News/

8 Top News/ E-reader News Edition

E-reader News Edition

Submitted at 11/21/2010 6:37:41 PM

How did an agency created to protect the public become the target of so much public scorn? After nine years of funneling travelers into ever longer lines with orders to have shoes off, sippy cups empty and laptops out for inspection, the most surprising thing about increasingly heated frustration with the federal Transportation Security Administration may be that it took so long to boil over. Even Secretary of State Hillary Rodham Clinton, who is not subjected to security pat-downs when she travels, understands the public's irritation. She, for one, wouldn't want to go through such scrutiny. "Not if I could avoid it. No. I mean, who would?" Clinton told CBS' "Face the Nation" in an interview broadcast Sunday. The agency, a marvel of nearly instant government when it was launched in the fearful months following the 9/11 terror attacks, started out with a strong measure of public goodwill. Americans wanted the assurance of safety when they boarded planes and entrusted the government with the responsibility. But in episode after episode since then, the TSA has demonstrated a knack for ignoring the basics of customer relations, while struggling with what experts say is an all but impossible task. It must stand as the last line against

unknown terror, yet somehow do so without treating everyone from frequent business travelers to the family heading home to visit grandma as a potential terrorist. The TSA "is not a flier-centered system. It's a terrorist-centered system and the travelers get caught in it," said Paul Light, a professor of public service at New York University who has tracked the agency's effectiveness since its

creation. That built-in conflict is at the heart of a growing backlash against the TSA for ordering travelers to step before a full-body scanner that sees through their clothing, undergo a potentially invasive pat-down or not fly at all. "After 9/11 people were scared and when people are scared they'll do anything for someone who will make them less scared," said Bruce Schneier, a Minneapolis security technology expert who has long been critical of the TSA.

this is particularly

invasive. It's strip-searching. It's body groping. As abhorrent goes, this pegs it." A traveler in San Diego, John Tyner, has become an Internet hero after resisting both the scan and the pat-down, telling a TSA screener: "If you touch my junk, I'm gonna have you arrested." That has helped ignite a campaign urging people to refuse such searches on Nov. 24, which immediately precedes Thanksgiving and is one of the year's busiest travel days. The outcry, though, "is


symptomatic of a bigger issue," said Geoff Freeman, executive vice president of the U.S. Travel Association, an industry group that says it has received nearly 1,000 calls and e-mails from consumers about the new policy in the last week. "It's almost as if it's a tipping point," Freeman said. "What we've heard from travelers time and again is that there must be a better way." Indeed, TSA has a history of stirring public irritation. There was the time in 2004 when Sen. Ted Kennedy complained after being stopped five times while trying to board planes because a name similar to his appeared on the agency's no-fly list. And the time in 2006 when a Maine woman went public with her tale of being ordered by a TSA agent to dump the gel packs she was using to cool bags of breast milk. And the time in 2007, when a Washington, D.C., woman charged that another TSA agent threatened to have her arrested for spilling water out of her child's sippy cup. TSA denied the last, releasing security camera footage to try and prove its point. But that did little to offset the agency's longtime struggle to explain itself and win traveler cooperation. It wasn't supposed to be this way. After Congress approved creation of the agency in late 2001, the TSA grew quickly from just 13 employees in January 2002 to 65,000 a year later. In the first

year, agency workers confiscated more than 4.8 million firearms, knives and other prohibited items, according to a report by the U.S. Government Accountability Office. But even as the new agency mushroomed, officials at the top, pressured by airlines worried that tighter security would discourage people from flying, looked to the business world for lessons on systems, efficiency and service. TSA set up "go teams" pairing government employees with executives from companies including Marriott International Inc., The Walt Disney Co., and Intel Corp., to figure out how to move lines of people through checkpoints efficiently and how to deal with angry travelers. But the agency was working under what Freeman calls "an unachievable mandate." Congress demanded an agency that eliminated risk. But the risks are always changing, as terrorists devise new methods and government parries. That has led to an agency that is always in crisis mode, constantly adding new policies designed to respond to the last terror plot. President Barack Obama says he has pushed the TSA to make sure that it is always reviewing screening processes with actual people in mind. "You have to constantly refine and measure whether what we're doing is the only way to assure the American people's safety," Obama said Saturday. "And you also have to

think through, are there ways of doing it that are less intrusive." Clinton, appearing on NBC's "Meet the Press," said Sunday she thought "everyone, including our security experts, are looking for ways to diminish the impact on the traveling public." On CNN's "State of the Union," TSA chief John Pistole insisted that the current threat level is too high to lessen the use of full body scans and intimate pat-downs. "No, we're not changing the policies," he said. Hours later, however, Pistole issued a statement saying the agency would work to make screening methods "as minimally invasive as possible." He gave no indication that screening changes were imminent but said that "there is a continual process of refinement and adjustment to ensure that best practices are applied." TSA operates on the belief that a key to foiling terrorists is to keep them guessing, agency watchers say. But it has never really explained that to a flying public that sees never-ending changes in policies covering carry-on liquids, shoes and printer cartridges as maddening and pointless inconsistency. "If you ask what its procedures are, how you screen people, it's, 'I can't tell you that because if the bad guys find out they'll be able to work around the system'," said Christopher Elliott, an Orlando,

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Fla.-based consumer advocate specializing in travel. "That's why a lot of what they've done has not really gone over well with air travelers. They perceive it as being heavy-handed and often the screeners come across as being very authoritarian." Over time, TSA has settled into a pattern of issuing directives with little explanation and expecting they be followed. But increasingly fed-up travelers don't understand the agency's sense of urgency and aren't buying it. "I don't think the law enforcement approach is going to work with the American public. You've got to explain yourself and reassure people. And they're not doing it," Light said. That goes beyond public relations, experts say. As more and more layers are added to air travel security efforts, it creates difficult and potentially unpopular choices. But the TSA has been unwilling to openly discuss how it arrives at policies or to justify the trade-offs, highlighted by its insistence over the need for the scanners. "They're very expensive and what they (TSA officials) should be

able to do is answer if it does reduce the risk, how much does it reduce the risk and is it worth it?" said John Mueller, a professor of political science at Ohio State, who has researched the way society reacts to terrorism. The pushback against the body scanners and pat-downs shows the agency at its worst, Elliott said: It issued a policy that wasn't properly vetted or explained, but it is determined to defend it. Growing dissatisfaction with TSA has even led some airports to consider replacing the agency with private screeners. Such a change is allowed by law, but the contractor must follow all the security procedures mandated by the TSA, including body scans and pat-downs. But frustration with the TSA was building even before the latest furor. In a December 2007 Associated Press-Ipsos poll asking Americans to rank government agencies, it was as unpopular as the Internal Revenue Service. Even so, a poll earlier this month by CBS News found 81 percent of Americans support the TSA's use of full-body scanners at airports. The poll,

conducted Nov. 7-10, had a margin of error of plus or minus 3 percentage points. Elliott said that better communication would probably win the TSA more cooperation. But the public irritation suggests that a growing number of consumers, particularly frequent travelers, are questioning the premise at the heart of the agency's existence. "I think at some point Americans

said to themselves, maybe in their

collective subconscious

a line here where it's not just worth it anymore," he said. "There's a growing sense that that line has been crossed." This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:


belief. Voters approved the amendment on Nov. 2, but an Oklahoma man filed a lawsuit against State Bill 755. Muneer Awad, Executive Director of Council on American- Islamic Relations in Oklahoma, said the measure violated his freedom. In his suit, he said the proposed amendment would invalidate his will. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

Submitted at 11/22/2010 1:01:50 PM

Oklahoma still may not ban Shariah law, according to a federal judge. An Oklahoma constitutional amendment forbidding Shariah law from being considered in the state is still blocked from taking effect. Western District of Oklahoma Judge Vicki Miles-LaGrange extended the restraining order against the measure during a Nov. 22 hearing, according to the Associated Press. The restraining order will continue until Nov. 29, when the federal court expects to make a ruling about whether the proposed amendment violates the First Amendment right to freedom of

Submitted at 11/22/2010 1:44:02 PM

( Nissan is attempting to completely reinvent the sedan market with the new Nissan Ellure concept car. This

sedan market with the new Nissan Ellure concept car. This concept sedan features a slew of

concept sedan features a slew of

design innovations created to

make driving a four-door as cool


Top News/ Technology/ Politics-Left/

10 Top News/ Technology/ Politics-Left/ E-reader News Edition

E-reader News Edition

Submitted at 11/22/2010 12:50:25 PM

LOS ANGELES (Reuters) – The makers of "Dancing With the Stars" ran through regular rehearsals on Sunday for this week's finale even as controversy centered on contestant Bristol Palin and mystery surrounded an envelope received by the popular show. Palin, daughter of Tea Party favorite and former Alaska Republican Governor Sarah Palin, has made it to the finals of the top -rated U.S. TV program despite a season of low scores, raising the ire of many of the program's loyal fans. One Wisconsin man was so angered by Palin's advancement last week that he fired at his TV with a shotgun, fueling a 15-hour standoff with police, authorities said. Late on Friday, the program's producers received an envelope containing a white substance that set off warning bells of an anthrax scare. Police and fire officials determined it was talcum powder.

Submitted at 12/1/2010 11:00:00 PM

Canti By Giacomo Leopardi

Several media reports, citing unidentified sources, said the envelope was addressed to Palin. But officials at the ABC television network, which airs the program seen by nearly 20 million viewers weekly, issued a statement saying it was delivered to the show's production office. "Measures were taken to secure the area and ensure the safety of personnel. Ultimately we were advised by the (Los Angeles Fire Department) that the substance was determined to be talcum powder," ABC said. A network spokeswoman had no comment beyond the statement. "Dancing" pits celebrity contestants and professional partners against each other weekly in ballroom dances. A panel of judges scores each contestant, and audiences can vote via phone or the Web. As a result, fan ballots and popularity often influence who stays on the show more than a contestant's dance moves. As the field narrowed to three -- Palin, movie star Jennifer Grey and TV actor Kyle Massey --

Translated and annotated by Jonathan Galassi (Farrar, Straus and Giroux, 498 pp., $35)

critics charged that the 20-year- old Palin benefited from her mother's popularity because her scores had routinely fallen behind others, such as singer Brandy, who was kicked off last week. Producers have defended the voting and Palin has hit back at critics, attributing her success to hard work. Many contestants over the years, including talk-show host Jerry Springer and actress Cloris Leachman, have seen fan voting keep them in the competition when their feet seemed to fail. "Dancing" completes its season with a performance show on Monday and a final episode on Tuesday when a winner is named. (Editing by Peter Cooney) This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

earlier this month over a breach of contract on royalties for the company's patent licenses-- specifically, Motorola's patents on wireless networking and video decoders, both of which Microsoft uses in its Xbox 360 game console. According to Bloomberg, which discovered the ITC filing earlier today, Motorola's complaint centers around these same five patents. The day after Microsoft's royalty- related suit, Motorola countersued with a lawsuit of its own that accused Microsoft of infringing on 16 patents. That also included the Xbox but went on to include other Microsoft products, such as Windows for servers, PCs, and mobile devices. The ITC has recently been involved in a patent battle between Apple and Nokia, as well as an HTC patent claim against Apple. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

Submitted at 11/22/2010 1:33:03 PM

Motorola's ongoing legal disagreements with Microsoft thickened this morning, with

Motorola's mobility unit filing a

International Trade Commission over Microsoft's use of patents in

its Xbox game console. While the complaint is currently pending, it could go on to become an investigation by the ITC. A Microsoft representative said the company is currently reviewing Motorola's filing, and that "we remain confident in our position, and will continue to move forward with the complaints we initiated against Motorola in the U.S. District Court for the Western District of Washington and with the International Trade Commission." Motorola did not immediately respond to a request for comment. The move is the latest in what is becoming a back-and-forth between the two companies. In October, Microsoft sued Motorola over use of its patents in Motorola's Android devices. That particular case involved nine of Microsoft's patents. Microsoft also filed a patent- related lawsuit against Motorola




E-reader News Edition

E-reader News Edition News Wire/ 11

News Wire/


Submitted at 11/22/2010 1:25:48 PM

A passenger is scanned using

''backscatter x-ray technology'' at

a security check-point at Logan

Airport in Boston, Massachusetts November 22, 2010. Credit: Reuters/Brian Snyder

By David Morgan

WASHINGTON| Mon Nov 22, 2010 2:25pm EST WASHINGTON(Reuters) - Authorities will reconsider airline passenger screening procedures that have caused a public uproar on the eve of the busy holiday travel season, the top transport security official said on Monday. "We're going to look at how can we do the most effective screening in the least invasive way knowing that there's always a trade-off between security and privacy," Transportation Security Administrator John Pistole told NBC's "Today" show. "What I'm doing is going back and looking at, are there less invasive ways of doing the same type of screening?" he said on ABC's "Good Morning America." Coming amid public and political pressure, Pistole's comments appeared to row back from a Sunday interview in which he said there were no plans to scale back procedures that travelers have criticized as invasive and a violation of privacy rights. But while making the rounds on U.S. morning television shows, he also cautioned against expectations for immediate

change and defended the effectiveness of current methods. "In the short-term, there will not

be any changes," Pistole said on CNN. The screening methods that have irked passengers and lawmakers in Congress rely on highly revealing full-body imaging scanners and physical pat-downs for travelers who choose to opt out of the scans. Airlines expect 24 million people to travel over the Thanksgiving holiday period. Airlines say they have passed along passenger concerns to TSA. After saying "No, we're not changing the policies" in a Sunday television interview, Pistole issued a statement hours later saying the TSA was constantly evaluating ways to adjust its screening methods. PROBLEMATIC PATDOWNS Pistole said on Monday that security officials would consult government investigators who penetrated the TSA's previous screening cordon to determine how methods might change and still protect against a passenger who poses a security threat. Pistole said he himself has undergone both the scans and the patdowns and defended both. "I felt that it was thorough," he said of the patdown. "I felt it was doing exactly what it's designed to do -- to try to detect somebody who's trying to kill hundreds of people on an airplane, " he told MSNBC. TSA estimates that fewer than 2

percent of the 2 million passengers screened daily, or 40,000, are given the patdowns. With pilots allowed to carry guns and cockpits hardened against hijacking threats after the 2001 hijack attacks on New York and

Washington, screening in recent years has focused on sophisticated explosives that are hard to detect. Nov 22, 2010 8:07am EST There is always a third option, don’t fly.

If compromises are chosen and

by chance the persistent attackers break through, it will be too late to say “if I had only realized, I

wouldn’t have……etc”.

A few hundred others will have

paid the price too. Nov 22, 2010 8:22am EST Perhaps we could think about adopting the EL Al Model of Profiling…its worked with a 100% success rate for 35 years and is not invasive…and it actuially does what its suppose to do. The TSA system is more to make travellers feel good and does nothing to prevent bombs from getting on planes…. Nov 22, 2010 8:24am EST Please don’t compromise our safety because a couple activists make a scene on purpose to advance their anti-government agenda. Tight screening is necessary. Honest passengers are OK with it, we recognize that nut jobs trying to hurt us are real, despite what the hard-core activists say. You have to wonder why they advocate for less

security. Besides, isn’t it illegal to use cameras and cell phones within security screening areas? Those guys should be charged! Nov 22, 2010 8:29am EST CNN is broadcasting a map showing the location of all the scanners. It’s hard not to laugh. Good Ole TSA will now attack our first amendment rights. Well, at least they won’t be screening any terrorists.

The odds of being a victim of an airline terrorist attack are set at 10.5 million to one. By comparison the chances of being hit by lighting are 500,000 to one.

We’ve over reacted and the terrorist are winning. It’s time to take a more rational look at airline anti-terrorism. We are wasting many, many dollars and many, many hours and offending many, many American citizens. Nov 22, 2010 8:39am EST When will it end? We “sacrifice” our country, our people, our freedoms so that a small minority of people here can bully other people far away in the Middle East. We elect a “peace” President and get not only no peace, but more war. We lose our ability to live in a non-police state. Everything we do is recorded and analyzed for possible prosecution and retribution by our “Public Servants”. And our “elections” do not matter. Our choices are non- existent. We “do as you are told” or we get punished. Our “laws”

do not protect us. And we tear down what little social insurance we have. All to fight wars to keep palestine an exclusive Jewish state. Nov 22, 2010 8:52am EST Profile. Profile. Profile Nov 22, 2010 8:59am EST Actually, the elevated risk of cancer from the backscatter machines is about the same as the chance of getting killed by terrorists. Security fail. Nov 22, 2010 9:16am EST As an ex-airline captain with 15,000 hours I assure you that these scanners and pat-downs are NOT effective and will NOT enhance security in any way shape of form. The “Underwear Bomber” paid $2,800.00 CASH for a ONE WAY TICKET, didn’t have his passport, had NO CHECKED LUGGAGE and the FBI screwed up and didn’t put him in their database which feeds the No Fly database. THE TSA ARE TOTALLY INEPT. Nov 22, 2010 9:20am EST What’s Next? Full strip search? Anal and vaginal inspections? The main issue here is those who fly 5-6 times a year have figured out just how ineffective the TSA is and view this as nothing less than a power trip by the agents. How many airplanes have be brought down by US citizens? How many terror attacks by

U.S. page 13


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12 News Wire/ E-reader News Edition

E-reader News Edition

Submitted at 11/22/2010 2:10:39 PM

Irish Taoiseach Brian Cowen reacts as he speaks to the media in Government Buildings Dublin November 21, 2010. Credit: Reuters/Cathal McNaughton By Jodie Ginsberg and Carmel Crimmins DUBLIN| Mon Nov 22, 2010 3:10pm EST DUBLIN(Reuters) - Irish Prime Minister Brian Cowen resisted calls for his resignation on Monday, vowing to stay in power long enough to pass an austerity budget needed for an EU/IMF bailout package, and then call an early election. Cowen came under acute pressure after the Green Party said it would quit the coalition after the budget if a January election was not called and opposition parties demanded a snap election be held even before the budget. Cowen's actions effectively throw the ball back into the opposition parties' court to help get the budget through. The former finance minister told a news conference that he would tough it out for the sake of a bailout package expected to be worth over 80 billion euros.


"There are occasions when the imperative of serving the national interest transcends other concerns including party political and personal concerns, and this is one such occasion," Cowen said.

"These (EU/IMF) negotiations in turn are taking place in the context of the budgetary arrangements coming into effect. "It is a matter then of highest importance that Dail Eireann (parliament) should continue to consider and enact the relevant measures and that the government should continue to discharge its obligation to bring forward the necessary proposals."

CREDIT CRUNCH Ireland requested the bailout on Sunday to shore up its banks and budget against the effects of the global credit crunch. But early last week, Cowen had said the government was not in talks about a bailout. The news only fueled a sense of national outrage at the handling of the economic crisis and the prospect of a draconian austerity program set to last for another four years. "The people of the country do not


credibility is in tatters now and the honorable thing for Cowen to do now is to stand down," said Noel O'Flynn, a member of Cowen's own Fianna Fail party. The 2011 budget is due to be unveiled on December 7. The government is expected to announce on Wednesday that it will cut the minimum wage, slash social welfare spending, reduce the number of public employees and add a new property tax and higher income taxes. Unions have warned this could spark civil unrest: a student





demonstration over planned fee increases turned violent earlier this month, and unions have organized a march to protest at the planned austerity measures on November 27 in Dublin. Cowen's junior coalition partners, the Greens, said early on Monday that they would support the government only until the budget was passed and the EU/IMF bailout was in place. Nov 21, 2010 7:30pm EST Common sense dictates that loan is merely a debt refinancing. Eventually, all debts need to be repaid in full. Translation? Problems remain. Nov 21, 2010 8:19pm EST Who is going to bail out the EU and IMF? Nov 21, 2010 8:37pm EST “Who is going to bail out the EU and IMF?” Some debt laden nations are taking austerity measures and we are not. The next question is, who will bailout US? Let’s be serious, we are piling more debt upon record debt. We have been doing this for decades and it’s getting worse. Jobless is one example. Nov 21, 2010 8:56pm EST Good, wise, responsible and appropriate government action so as to achieve financial stability across Europe. EU shows the world how to react and perform for a better future. Nov 21, 2010 9:20pm EST Pity the poor people whose hard- earned money will be unknowingly and unwittingly channeled into “bail-outs” and

“debt restructuring.” Nov 21, 2010 9:24pm EST These EU bail-outs sound like those American TV ads that encourage indebted freespending consumers to get a “bill payer loan.” Bad old habits die hard. Nov 21, 2010 10:08pm EST The EU bailouts and US bailouts will eventually be paid for by the taxpayers of the affected countries, not the bankers that took advantage of the system or the Irish government that was seriously negligent in letting the banks have too much free reign to conduct business in a way that jeopardized a countries financial balance. Shame on the government! Nov 21, 2010 10:40pm EST Globalists, aka, bankers, run the planet. They meet in secret societies and they instruct their members to run for high office and once in power, in debt the nations to the banks. Think about this: every single sovereign power on earth has the authority to print their own money and yet every single sovereign power on earth chooses to let a central bank do that for them and then borrow their own money from the central bank (by selling bonds)… why do all the world governments choose financial suicide over common sense? Why not, rather, simply print their own money and let the banks borrow it from the state instead? Without a conspiracy of secret societies, there’s no way all these sovereign governments would

choose to such utter fools. The money trust virus took over the host nations… long, long ago. Nov 21, 2010 11:03pm EST The nation that doesn’t choose financial suicide financially wins, it would seem; their currency could replace the dollar. As for EU bailouts sounding like billpayer ads on TV, this may date me somewhat to say EU bailouts remind me of Citicorp VISA (before the “corp” was dropped) ads on late night in the 1980’s and 1990’s (Johnny Carson, Jay Leno, David Letterman). The ad simply consisted of a shopping basket and arm (in upscale supermarket) filling the cart with exotic bottled water from around the world… thanks to having a VISA card! With VISA you can afford better water, and that’s just to whet your appetite (or some such marketing line). Next, the caviar isle. VISA. It’s how you want to shop! *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. This entry passed through the Full-Text RSS service — if this is

COWEN page 13

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E-reader News Edition News Wire/ Economy/ Technology/ 13

News Wire/ Economy/ Technology/


Submitted at 11/22/2010 2:01:05 PM

Military police examine a bridge where a stampede took place in Phnom Penh November 23, 2010. Credit: Reuters/Chor Sokunthea By Prak Chan Thul PHNOM PENH| Mon Nov 22, 2010 3:16pm EST PHNOM PENH(Reuters) - A stampede on a bridge in Cambodia's capital killed at least 339 people late Monday and wounded nearly as many after thousands panicked on the last day of a water festival, authorities and state media said. Witnesses said the stampede began after several people were electrocuted on a small bridge connecting Phnom Penh to nearby Diamond Island. Most either drowned in a tributary of the Tonle Sap lake or were trampled to death, authorities said. State television said at least 240 of the dead were women, citing reports from two hospitals. Prime Minister Hun Sen apologized for the disaster and ordered an investigation as television footage showed

relatives crying over the bodies of the dead piled up on each other. "This is the biggest tragedy in more than 31 years after the Pol Pot regime," he said, referring to the murderous Khmer Rouge regime whose agrarian revolution in 1975 killed an estimated 1.7 million people in Cambodia under the command of Pol Pot. Hun Sen urged the country to remain calm and ruled out terrorism as a cause for the catastrophe, which took place on the third and final day of the Bon Om Touk water festival. "It needs further investigation," he said. Diamond Island, a small island owned by a local bank, is equipped with newly built conference and exhibition centers, restaurants and entertainment areas. It is popular among women shoppers, especially during the water festival when retailers offer discounts on clothing and other goods. Many of the victims had attended a concert and were returning home to the city when the stampede started. Phnom Penh police chief Touch

Narouth told Reuters that "many people had died in the festival" but declined to elaborate during a rescue effort that went on into early Tuesday. (Writing by Jason Szep; Editing by Martin Petty) *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

Joe Weisenthal (Money Game)

Submitted at 11/22/2010 2:00:00 PM

We'll be back with a full roundup as always at 4:00 PM ET, but with an hour to go, you can't help be

marvel at the strength of this

market. There are all kinds of headwinds:

The Irish crackup, ongoing weakness in China and Hong

Kong, and the widening


in China and Hong Kong, and the widening i n s i d e r trading

trading probe. But the Dow and


continued from page 11

people less than 12 years old or older than 30? In wheelchairs? Nuns? Etc? Only 2 times since 9-11 have I seen an individual of Arab decent had their luggage searched or received a pat down which I have endured every 3rd flight. *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to


continued from page 12

your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

the S&P 500 are off less than 0.5%. The NASDAQ is even up. So far, it's a win for the bulls. Join the conversation about this story »

our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

- The Non- Reporting of Falluja's Cancer Catastrophe . Hand-Rescuing Medicine - Chinese Surgeons Perform

Submitted at 11/22/2010 1:13:02 PM

( After nine- year-old Ming Li's hand was accidentally severed from her body, Chinese surgeons performed a hand-to-leg graft to keep the hand alive: Ming Li's arm was too damaged to allow for reconnection


News Wire/ Technology/ Products/

14 News Wire/ Technology/ Products/ E-reader News Edition

E-reader News Edition

Submitted at 11/22/2010 12:01:07 PM

By Jack Phillips Epoch Times Staff Created: Nov 22, 2010 Last Updated: Nov 22,


St. Louis was named the most dangerous city in America, according to a recent study. Above, an interior view of Busch Stadium and the St. Louis Gateway Arch during the 2009 MLB Playoffs. (Ronald Martinez/ Getty Images) St. Louis edged out Camden, NJ, to become the most dangerous city in America last year, according to a study released by CQ Press on Sunday. The 388-page study noted that St. Louis had 2,070.1 violent crimes per 100,000 people compared to the national average of 429.4. The publisher has been using the same kinds of crime numbers to rank cities since 1999. Last year Camden, a city with a population of just under 80,000, just east of Philadelphia, was rated most dangerous. It also held the unfortunate distinction in 2003 and 2004. Camden moved to second place this year. Detroit, Mich.; Flint, Mich.; and Oakland, Calif. rounded out the rest of the top five. The study ranked the safest and most dangerous cities with

The study ranked the safest and most dangerous cities with populations of more than 75,000. The

populations of more than 75,000. The safest city for the second year in a row was Colonie, N.Y. Rounding out the rest of the top five safest cities were O’Fallon, Miss.; Ramapo, N.Y.; and Mission Viejo, Calif. Among metropolitan areas, the Detroit-Dearborn area is the most dangerous and the Glen Falls, NY area is the safest, according to the study. Some experts say that the way in which the data is gathered and the method itself doesn’t do the cities justice. "Crime is based on a variety of factors. It's based on geography, it's based on poverty, it's based on the economy," Erica Van Ross, a

spokesperson for the St. Louis Police Department told AP. "That is not to say that urban cities don't have challenges, because we do," Van Ross added, according to AP. "But it's that it's irresponsible to use the data in this way." This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

Submitted at 11/22/2010 1:46:25 PM

I spent last weekend with the Amazon Kindle 3 and Apple iPhone 4, bought recently as part of my retail-therapy fix. One's an e-book reader with an experimental WebKit browser built in. The other's a smartphone popular with kids, grannies, and just about everybody in between. Both mobile devices serve distinctly different purposes, but there's at least one overlapping feature: electronic books. So far, I'm convinced I've made the right decision to go with the Kindle for reading. The 6-inch e- ink screen looks eerily like real paper and is easier on the eyes than a traditional LCD. The size is also just right to hold with one hand, although the leather case I bought added considerable heft. The display isn't a touch screen, though a couple of colleagues

automatically starting swiping on it. Of course, I have more to say about the e-reader, which I'll save for another day. But with the Kindle, I've joined the growing league of multi-device-toting consumers, a necessary sacrifice since I find it tiring to read on a small display like the iPhone's. Obviously, I haven't tried all the e -readers in the market to compare the differences. However, I'd stake my eyesight on e-ink and a bigger display over a LCD screen on a handset. What about you? (Source: Crave Asia) This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

Submitted at 11/22/2010 12:00:00 AM

This week's Woot Video Podcast celebrates canned cranberry relish, the undisputed Ugliest Item

on your Thanksgiving table, at least until Uncle Pete passes out face-down in the yams, claiming the title."Let's Get Sauced" shirts are still available at shirt.woot here:

E-reader News Edition

E-reader News Edition News Wire/ Technology/ Culture/ 15

News Wire/ Technology/ Culture/


Submitted at 11/22/2010 12:54:58 PM

By Alex Johnston Epoch Times Staff Created: Nov 22, 2010 Last Updated: Nov 22,


Boeing 767 emergency:

Leonardo DiCaprio attends the 'Inception' press conference at the

Ritz-Carlton Tokyo on July 21, 2010 in Tokyo, Japan. The film will open in Japan on July 23. (Kiyoshi Ota/Getty Images) Inception actor Leonardo DiCaprio was on the Boeing 767 airplane that blew an engine and made an emergency landing at John F. Kennedy International Airport in New York on Sunday night, according to E! Online. Along with DiCaprio, there were around 200 other people on board the Delta aircraft. No one was hurt in the incident, according to the entertainment website. The Associated Press reported the the Moscow-bound plane dumped fuel and flew around the airport for approximately an hour after it departed. The Federal Aviation Administration told AP that they

The Federal Aviation Administration told AP that they will be conducting an investigation to see if

will be conducting an investigation to see if the engine hit a bird."En route to attend the Tiger Summit in St. Petersburg, Leonardo DiCaprio was one of the passengers aboard Delta Flight 30," DiCaprio’s spokesperson told E!. "He wishes to commend the actions of the pilot and flight crew in bringing the plane to a safe landing." The Tiger Summit is an international conference on tiger conservation. According to the summit’s website, if no action is

taken to help wild tigers, they will be extinct by 2020. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

- The Non- Reporting of Falluja's Cancer Catastrophe . Track Consumer Opinions On Cars, Movies, Phones,

Erick Schonfeld (TechCrunch)

Submitted at 11/22/2010 12:16:48 PM

There are a lot of sentiment analysis tools out there to track how people feel about any given topic under the Facebook/Twitter Sun. Newly-launched Amplicate bills itself as an opinion engine for consumers—a place where they can learn what other people really think about products, brands, people, places, and anything else. You can find out in realtime what are the top movies, car brands, mobile phones, tech blogs, or even vegetables people are talking about on Twitter and Facebook. (Blogs and other opionionated data sources will be added soon). People apparently love pumpkins right now (I wonder why). You can also add your own opinion to the site and vote up the best opinions, and chart the sentiment

of any give keyword against the average for that topic. “Ultimately, our service is about advocacy,” says CEO Juan Alvarez; “hence the strong opinions—we are not a reviews website—this is about people who feel strongly and want to get their point across. We group similar opinions so we all have a stronger voice.” For each topic, you can see a list of recent Tweets and opinions, and what percentage are positive or negative. For instance, 93 percent of people love Netflix, but only 47 percent love the iPad. Like all sentiment analysis engines, this one isn’t always accurate, but it is consistent and should improve over time. CrunchBase Information Amplicate Information provided by CrunchBase

Adam Dachis (Lifehacker)

Submitted at 11/22/2010 11:30:00 AM

At Lifehacker we love great software, but we especially love great free software. Many

software, but we especially love great free software. Many developers make our lives easier every day

developers make our lives easier every day by providing their apps for free, so let's give thanks to the

free apps we're most thankful for. More »


Technology/ Culture/ Food/

16 Technology/ Culture/ Food/ E-reader News Edition

E-reader News Edition

Marshall Kirkpatrick (ReadWriteWeb)

2009, when it released an API that transformed user activity data feeds from more than 70 different social websites into standardized Activity Streams data and offered them through a new API. Standards across sites for user activity data feeds are aimed to act as a common foundation to provide scale for innovation outside the big mainstream social networks. In other words, if all photos, friends and comments are marked-up in a common standardized way, those activities can be viewed across all the small social networking startups - giving them more people and content to display than they would if it was just a random startup alone against the big guys like Facebook. I've compared standards in social networking data to the historical rise of standardized railroad measurements - which allowed trains to ride across different networks and fostered a new era of nation-wide commerce in the United States. Unfortunately, economic incentive hasn't driven people to engage with interoperable small networks instead of favoring the big players, Facebook and Twitter. Meanwhile, little Cliqset

big players, Facebook and Twitter. Meanwhile, little Cliqset suffered from a substantially unappealing User Experience,

suffered from a substantially unappealing User Experience, which it was never able to overcome. "Darren and Charlie have done an amazing job taking open technologies and distilling them into a consumer experience," Yahoo's Eran Hammer-Lahav said today. "The problem is that social aggregation no longer offers any significant value with the Facebook/Twitter market consolidation. The biggest loser from the collapse of Cliqset is Google, as their world of potential social federation partners shrinks even further. Cliqset was a strong supporter and early adopter of many of the core social technologies such as Salmon, WebFinger, and PubSubHubbub." Unfortunately, all those standards are feeling less viable today than they were in the heady times they were introduced. Independent social web technical leaders have largely joined up with Google or Facebook and standards organizations have grown quieter.

Cauthen and Bounds have not announced what they will do next, but it's probably safe to assume that it will include working to move social web data standards forward. Startup Challenges Not everyone agrees that this has anything to do with challenges faced by the larger standards community. "I don't believe this really has anything to do with standards," Chris Saad of Echo and the Data Portability Working Group says. "Lifestreams in the b2c space has long been crowded and has now consolidated around the Facebook news feed." Cliqset's Bounds appears to agree. "In order to build a community, you need massive differentiation today," Bounds told blogger Louis Gray this morning."It's fairly obvious in hindsight. Projects I would be working on in the future would be leveraging the existing social graph, and the need for success wouldn't be contingent on relationships and community within itself. In no means do I think Facebook is impenetrable and somebody can't build something to compete with it, but it's not an easy task." Discuss

Submitted at 11/22/2010 1:13:35 PM

Cliqset, a website that allows users to view and interact with streams of activity data from multiple social networks in one place, is losing its two co- founders after an unsuccessful run at growing the company. Darren Bounds and Charlie Cauthen led what might have been the single- biggest show of startup support for bleeding-edge technical standards aimed at building a federated social web, rich with consumer choice - but the company's business execution was insufficient to ensure its survival. Leaders of the distributed social web standards community, the effort to build interoperable competition for the big social networking silos, say that Cliqset's apparent demise is unfortunate, but that they look forward to seeing what Bounds and Cauthen do next. Sponsor Cliqset - Getting started from cliqset on Vimeo. Cliqset worked with all kinds of different technical standards, but the startup's brightest shining moment may have been in December

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Lauren Turner (PopSugar)

Submitted at 11/22/2010 11:30:00 AM

Jessica Simpson was up and ready to appear on The Early Show in NYC this morning after arriving on the East Coast with her fiancé Eric Johnson yesterday. She was battling the flu, but Jess was still happy to chat up her just- released album Happy Christmas. Discussion quickly turned from music to her personal life, and Jess shared details of her recent engagement to Eric. Jessica said that she was, "so shocked" at the proposal and they were both "teary-eyed" afterward. She also showed off her ruby and diamond sparkler, explaining that the unique piece, a Tiffany ring from 1910, was all Eric's idea. Jessica and Eric are spending the week with her family in the Big Apple, where she'll participate in Macy's Thanksgiving parade before her TV special airs that night.

To see more Jessica and watch her interview, just read more. View 10 Photos ›

E-reader News Edition

E-reader News Edition Technology/ 17



Robin Wauters (TechCrunch)

Submitted at 11/22/2010 1:45:55 PM

Another chapter in the Facebook vs. Lamebook, errmm, book: the social networking giant has confirmed to us that it has moved to diligently block all outgoing links to, shut down the two-person company’s Facebook Page (previously at, and actively blocks visitors of the funny site from ‘liking’ posts to boot. For your background: Facebook wants the Austin startup to quit using the name Lamebook, deeming its activities under that name an “improper attempt to build a brand that trades off Facebook’s popularity and fame”, and filed a trademark infringement lawsuit last week. Lamebook had previously filed for declaratory judgment on its non-infringement of Facebook’s trademark, saying it operates a parody website and as such is protected under the First Amendment of the U.S. Constitution. Bill McGeveran, law professor at the University of Minnesota, is just one of many to believe Lamebook actually has a pretty strong case:

Without some lenience for parody, comment and so-called “nominative use,” it would

parody, comment and so-called “nominative use,” it would become impossible even to refer to an iconic

become impossible even to refer to an iconic brand without using its name, thus infringing on trademark rights. Fortunately, when faced with these disputes, most courts now realize their role as protectors of speech. And even Facebook doesn’t even try to stop use of the company’s trademark in a newspaper story about the company, or go after sites that track it (or, for that matter, in the highly fictionalized and rather negative account of its founding in The Social Network.) But if Facebook won’t be prevailing in court, that doesn’t mean they can’t just try and

proverbially choke Lamebook to death. They’ve most certainly dealt a major blow to the two-person startup by actively discouraging Facebook users from posting links to their website and refraining them from liking posts. Removing Lamebook’s fan page is one thing, but it’s safe to assume their funny site used to get a fair amount of traffic from the Facebook site that it’s no longer getting now. For a tiny startup that relies on those pageviews for income – it’s an ad-supported website – Facebook’s move could cost them dearly.

Lamebook, meanwhile, is actively soliciting donations from visitors for its ‘Legal Fund’. The site also put up a notice on top of its website, which reads:

Well, Facebook didn’t like us sticking up for ourselves, so they shut down our Fan Page, are preventing any users from “liking” us, and won’t even let you share URLs with your friends if they point to Lamebook. In light of this, be sure to follow us on Twitter so you get updated with the latest and funniest of the lame! I got in touch with Facebook, and they confirmed that they’re

actively blocking Lamebook links and likes. Here’s their official statement on the matter:

Our terms prohibit posting of material or other activities on Facebook that infringe the rights of others. We reserve the right to pull down any content we believe is infringing. We also specifically prohibit use of any Facebook or confusingly similar marks (See SRR Sec. 5.1, 5.2 & 5.6 http:// To be continued, no doubt. CrunchBase Information Lamebook Facebook Information provided by CrunchBase


Technology/ Culture/

18 Technology/ Culture/ E-reader News Edition

E-reader News Edition

Lora Kolodny (TechCrunch)

Submitted at 11/22/2010 11:09:17 AM

NAVTEQ— the digital map, traffic and location data

company— released a study today via its site and service naming New York City and its freeways as the most congested and traffic-delayed in North America. Freeways in Montreal, Philadelphia, Los Angeles, Boston and Toronto cracked the top ten on this dubious list as well. Following New York on NAVTEQ’s ranking of cities with the worst rush hour are: Washington D.C., San Francisco, Los Angeles, Philadelphia, Chicago, Dallas-Ft. Worth, Atlanta, Houston and Denver. This Thanksgiving holiday (Wednesday, November 24th to Sunday, November 28th) the

Association (AAA) and IHS Global Insight predict that the number of Americans traveling will increase 11.4 percent versus 2009, with approximately 42.2 million travelers overall and 39.7 million of them reaching their destination by vehicle.

39.7 million of them reaching their destination by vehicle. Vehicles account for at least 25 percent

Vehicles account for at least 25 percent of air-polluting emissions domestically, the U.S. Environmental Protection Agency reports. Numerous studies have linked traffic and related emissions to health problems that range from childhood asthma to higher risk of sudden heart attacks for people living within 300 to 500 meters from a highway or major road most effected by traffic. According to the Health Effects Institute in Boston, 30- 45% of people in large North American cities live within such zones. Stop and start driving causes

vehicles from diesel buses to typical family cars to emit more particles including black carbon and volatile organic compounds, scientists at Queensland University of Technology in Australia found. That’s one reason air quality declines around traffic-congested areas. In New York, areas with the greatest traffic density suffer three times the concentration of the pollutant nitric oxide, and twice the concentration of nitrogen dioxide, compared to areas with the lowest traffic density, according to the 2010 New York City Community Air Survey.

Drivers who avoid the most congested routes, roads with lots

of stop signs and traffic lights, and who drive during off-peak hours hopefully with carpoolers can curb their impact on air quality, and the overall amount of fuel or energy they consume while traveling. From the NAVTEQ study:

Freeways with the Slowest Typical Rush Hour 1. New York City – Brooklyn Battery TUNL NB 2. New York City – Washington BRG EB 3. Montreal – AUT-15EB 4. Philadelphia – US-202 SB 5. Montreal – RTE- 138 WB 6. New York City – Washington BRG WB 7. Los Angeles – 1-10EB 8. Boston – US -1 NB 9. Dallas – TX-366 EB 10. Toronto – Don Valley PKWY NB Cities with the Worst Rush Hours


New York 2. Washington D.C.


San Francisco 4. Los Angeles

5. Philadelphia 6. Chicago 7. Dallas – Ft. Worth 8. Atlanta 9. Houston 10. Denver Image via Ryan Vaarsi CrunchBase Information Navteq Information provided by CrunchBase

Allie Merriam (PopSugar)

Submitted at 11/22/2010 11:00:00 AM

Miley Cyrus slipped into a black leather bikini top last night to celebrate her 18th birthday at LA's Trousdale. Her soon to be single mother Tish was on hand for the party, as was Demi Moore and her daughter Tallulah. Miley was fresh off an appearance at the American Music Awards, where she wore a mini Marchesa and simple makeup on the red carpet before switching into fringe to perform. It looks like the real fun for Miley started after she blew out the candles on her enormous cake, found a dark corner of the club, and brought a new guy friend over for some kissing. Her ex, Liam Hemsworth, was also spotted with a new companion over the weekend, so it seems like

both he and Miley are moving on

with no problems following their August split. View 5 Photos ›

Adam Dachis (Lifehacker)

Submitted at 11/22/2010 10:00:00 AM

Dachis (Lifehacker) Submitted at 11/22/2010 10:00:00 AM While iOS 4.2 didn't bring all it promised (ahem,

While iOS 4.2 didn't bring all it promised (ahem, AirPrint), here's a look at all the major new features, how they work, and how

to enable the ones that don't. More


E-reader News Edition

E-reader News Edition Technology/ Food/ 19

Technology/ Food/


Sarah Perez (ReadWriteWeb)

Enyo: A New webOS Apps Framework Sarah Perez (ReadWriteWeb) One of the key selling points for

One of the key selling points for Enyo is its support for HTML5 standards - Palm's Ben Galbraith and Dion Almaer even said during their keynote speech that the Web and HTML5 will soon become a first-class app development and distribution platform. Almaer also goes into more detail about Enyo on his personal blog. Enyo, which now joins other touchscreen UI frameworks like

Sencha Touch, Sproutcore Touch,

jQuery Mobile, has made great

strides in terms of performance,

one of the areas where webOS

needed to improve, explains

Almaer. And it offers "fantastic developer ergonomics, especially around layout and event design," which will help make sure that

developers don't leak memory, of

critical importance on mobile

devices. Apps built using Enyo will natively scale to multiple aspect ratios. Engadget describes how this could work, by explaining what you see in the Enyo demo (the video embedded below from


"HP's Scott Miles demoed it earlier this week by playing around with a tiny, single-pane portrait email application in the


then maximized the browser window to reveal a fully- functioning three-pane landscape layout suited for a large tablet screen." This video below provides a first look at Enyo, including the demo mentioned above. This news gives further credit to rumors of an HP-Palm tablet device running webOS 2.0, something which Palm chief Jon Rubinstein all but announced at the recent Web 2.0 Conference in San Francisco. He said the company is planning to launch a number webOS-enabled devices including phones, printers and tablet computers, but gave no other details as far as when or what they will be. Discuss

desktop version of Chrome

Submitted at 11/22/2010 11:48:37 AM

At HP-Palm's "Developer Day" in New York this weekend, the company revealed details regarding its new application framework called Enyo, named after the Greek goddess of war. Reportedly, the framework loads

apps faster, is more flexible and easier to use, and will help support a number of different device form factors, including the tablet computer. Sponsor Enyo will succeed the older framework called Mojo during 2011, but Mojo will not completely disappear. According to HP-Palm's announcement, the Enyo framework will offer the following features:

• Support for multiple form factors/aspect ratios

• Faster performance

• Modern, modular design -

easier to maintain and reuse code

• Will work great with Ares

(Palm's UI builder tool, named

after the Greek god of war) - it's built by the same team and has common roots.

• Hardware acceleration built-in

• Browser-based development

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site , p lease read our FAQ page at Volvo’s Air Motion Conce p t

Evan Selleck (SlashGear)

Submitted at 11/22/2010 1:53:23 PM

Probably the best part of being a concept, is that you get to use your imagination a little bit more than you would in an actual production model. At least, until you have to figure out how to actually get what you conceptualized to work in the real world. While we’ve seen plenty of other concept vehicles in the past work on all sorts of things, this new design from Volvo, called the Air Motion Concept, is a design that would have the vehicle running on nothing but the air. Teh Air Motion Concept is powered by compressed air, and compressed air only. It’s held

within a tank, and accessed when the vehicle needs power. Considering that the whole vehicle is powered by air, and the frame is constructed from carbon fiber, it’s no surprise that the vehicle would weigh somewhere in the ballpark of 1,000 pounds. There’s no combustion engine under the hood, either. Instead, designers implemented a pneumatic motor. When asked at the LA Auto Show how you would refuel the vehicle that runs on air, Volvo said that they believe there will be wind-powered stations ready to fill up your Air Motion Concept when the time comes. [ via Wired]



20 Technology/ E-reader News Edition

E-reader News Edition

Klint Finley (ReadWriteWeb)

Submitted at 11/22/2010 1:10:00 PM

Independent software company Attachmate will purchase Novell for $2.2 billion the companies announced today. CPTN Holdings LLC, a consortium of companies lead by Microsoft, put up $450 million of the $2.2 billion in exchange for 882 patents from Novell, ZDNet's Mary Jo Foley discovered. Microsoft isn't talking about what patents it's purchasing from Novell. Sponsor TechFlash suggests Microsoft is keeping Novell's intellectual property out of the hands of rivals like Red Hat and VMware. IDC analyst Matt Eastwood says he doesn't know what Microsoft's consortium purchased, but is hazarding a guess that Novell's virtualization technology PlateSpin is the target. However, it seems just as likely that Attachmate, best known for its terminal emulation software, is primarily interested in the virtualization technology as well. Attachmate announced that it would run Novell and SUSE as two separate entities, indicating

run Novell and SUSE as two separate entities, indicating that Microsoft isn't buying SUSE outright. However,

that Microsoft isn't buying SUSE outright. However, the lack of information on Microsoft's part is making some observers uneasy. ZDNet's Dana Blankenhorn writes: What does this mean for Linux? Nothing changes. Microsoft still claims to control it. The details remain hidden from view. Which means Microsoft still has something to hide from the open source community, and something to hold over its head. Other than SUSE and PlateSpin, Novell's offerings include its e- mail and groupware system GroupWise, various access control systems, a cross-platform .NET framework called Mono, and a new social media platform called Vibe. According to Mono

founder Miguel de Icaza, the project will continue as-is under Attachmate. Foley also notes that Novell was appealing its suit against Microsoft involving WordPerfect, and speculates that this purchase will end that appeal. "From an enterprise social computing stand point and the needs we see in our customer base, I'm disappointed to see Novell get taken out," says Sameer Patel of Constellation

a meaningful, yet disjointed, portfolio of products that it was weaving together with Vibe." "Identity, Groupware and Unified Communications gave Novell a very promising vantage point from where social computing solutions can emerge," Patel says. "The hard part of social computing really is not text - its folding in voice, dynamic profiles, virtual teaming, video and the like to stitch a connected enterprise fabric for customers. And Novell had the right pieces." Patel hopes Attachmate will recognize and capitalize on this. Discuss



and capitalize on this. Discuss Research . "Novell has Apple retro-fitting iPhone 4s with tamper-proof torx

Dave Caolo (TUAW)

On one hand, it's an understandable move: Apple

makes no money on those kits. On the other, it seems like dirty pool. I've almost always been able to open my Apple products and make at least some changes on my own, even cosmetic ones (like the white iPhone kits). Locking the iPhones and MacBook Airs down eliminates that option entirely. Apple retro-fitting iPhone 4s with

originally appeared on TUAW on Mon, 22 Nov 2010 14:45:00 EST. Please see our terms for use of feeds. Source| Permalink| Email this| Comments

Submitted at 11/22/2010 2:45:00 PM

Apple has begun retro-fitting iPhone 4s brought in for service with proprietary torx screws, meant to keep customers out. Similar to those used to keep the new MacBook Air sealed, these screws are of Apple's own design and send a clear message: Do not enter. What would prompt such a move? No doubt the cottage industry of after-market conversion kits of white casing parts has something to do with it. The anti-tampering screws are showing up on recently-purchased iPhone 4s as well.

E-reader News Edition

E-reader News Edition Technology/ Finance/ 21

Technology/ Finance/


Submitted at 11/22/2010 2:01:00 PM

Web-based malware growth Q3 2009 - Q3 2010(Credit: Dasient) The number of Web sites infected with malware has doubled from a year ago to more than 1.3 million, according to a study released today by Internet security company Dasient. Not only are social media sites getting targeted, but sites of larger government agencies increasingly are hit, including the National Institutes of Health (NIH), the U.S. Treasury, and the Environmental Protection Agency, the report said. In the last two years, the NIH has been infected and reinfected five times, and the state of Alabama's site was infected 37 times.

and the state of Alabama's site was infected 37 times. More than 1.5 million malicious ads

More than 1.5 million malicious ads are served a day, including drive-by downloads and fake antivirus campaigns. Drive-by downloads on legitimate Web sites have become the most popular method for delivering malicious programs, overtaking

the use of spam and e-mail attachments, Dasient said. If you have a question or comment for Elinor Mills, you can submit it here. However, because our editors and writers receive hundreds of requests, we cannot tell you when you may

receive a response. Elinor Mills covers Internet security and privacy. She joined CNET News in 2005 after working as a foreign correspondent for Reuters in Portugal and writing for The Industry Standard, the IDG News Service, and the Associated Press. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

Alex Williams (ReadWriteWeb)

Submitted at 11/22/2010 11:00:26 AM

Google is unveiling its service to connect a Google account to Microsoft Office today. Google Cloud Connect is intended for people who have not made the full move to Google Docs and are still using Microsoft Office. It allows people to use the Office interface with the features that come with Google Docs web- based collaboration. The product is based on DocVerse, the company Google acquired earlier

this year. Sponsor The service syncs Office documents to a Google account. People do not leave the Office environment. Once synced, documents receive a unique URL. From that point, the document is part of Google Docs with all the features that come with that service. The documents may be shared and edited by multiple people within Microsoft Office. A revision history is kept. It is accessible on a mobile device. Google Cloud Connect is

It is accessible on a mobile device. Google Cloud Connect is available for people using Office

available for people using Office 2003, 2007 and 2010. DocVerse was a key acquisition for Google. A lot of people are familiar with the Office interface.

They have worked in the environment for years. Moving to Google Docs can be a hassle. Google Cloud Connect is the kind of service that spans (Reader's Digest Magazine) (Financiallyfit on Shine)

Submitted at 11/22/2010 8:13:46 PM

With the holiday shopping season quickly approaching, we are all looking for ways to save. One of the best ways to cut costs and avoid hassles is to shop online. But not all deals are as great as they seem at first glance. Our friends at share five potential pitfalls to online holiday shopping, and some ways you can address them to maximize savings and minimize stress:

different UX environments but provides feature sets that are a part of the Web. That may be just the right for the long-time user who wants the look and feel of Microsoft Office but the capabilities that come with Google Docs. Google is accepting early testers into Google Cloud Connect. Sign

up here to test the service, report






Technology/ Economy/

22 Technology/ Economy/ E-reader News Edition

E-reader News Edition

Alexia Tsotsis (TechCrunch)

Submitted at 11/22/2010 12:54:21 PM

Mayor Gavin Newsom’s claim that Foursquare is a San Francisco startup just got a little bit more accurate. Foursquare, which has famously worked out of the Square offices here in SF for quite sometime, has finally bit the bullet and made its West Coast dalliance official today with a“We’re heading west!” blog post. “In the past year, we had a major growth spurt: from about 100,000 to over 4.5 million users; from a single phone platform to six; from 50-person foursquare flashmobs to 1,000 person epic swarms; and we now have thousands of developers building on the the

and we now have thousands of developers building on the the foursquare API. The biggest challenge:

foursquare API. The biggest challenge: hiring fast enough to support that surge. Despite growing from 5 employees to 35, we can’t expand as quickly as we want.

So, to help attract the best talent in the world, we decided it’s time to open an outpost in San Francisco.” The location based startup will not be moving from San Francisco Chronicle Building where it’s set up defacto shop since summer, and Square will be freeing up more room for the company to hire a full team of West Coast engineers in addition to its 35 current employees. With $21.4M in funding led by Andreesen, Foursquare has definitely got room to grow. Photo: niallkennedy

Foursquare Information provided by CrunchBase

Submitted at 11/22/2010 11:25:00 AM

Governor Chris Christie continues to impress. Please check out this video in which he discusses death wishes by the head of the Bergen County Education Association. The president of the Teachers Union offered an official apology and Christie invited her to his office to deliver that apology in person. The video is funny from the start, but gets progressively funnier when Christie describes the meeting with the president of the Teachers' Union in his office. Play it. Mike "Mish" Shedlock

http:// globaleconomicanalysis.blogspot. com Click Here To Scroll Thru My

"Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http:// account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

Michael Gray (TUAW)

Submitted at 11/22/2010 2:15:00 PM

Everything Everywhere is the UK's largest mobile network operator, and it owns the UK

telecom brands Orange UK and T


Marketing Week, the two telecom brands are expected to issue a formal announcement on



November 22 that they will sell the iPad at their dual-branded






Everything Everywhere stores be carrying the iPad, but they will also offer a discount plan to consumers who enter a service contract with their telecom brands. The discount plan to Orange and T-Mobile subscribers could mean up to 70 percent off of the iPad price tag if the subscriber signs an 18 month or 2 year contract. This is pretty big news, since this is the first widescale iPad subsidy being offered to consumers. Hopefully,

iPad subsidy being offered to consumers. Hopefully, Everything Everywhere is merely leading the charge, and

Everything Everywhere is merely leading the charge, and we'll soon see iPad subsidies from other

mobile carriers. No further details have been offered yet, although we should

expect more contract details with the formal announcement soon. UK iPad subsidy plan to be announced later today originally appeared on TUAW on Mon, 22

Nov 2010 14:15:00 EST.


feeds . Source | Permalink | Email this | Comments The FOKI Will Clean the Floor

Evan Selleck (SlashGear)

Submitted at 11/22/2010 12:59:01 PM

E-reader News Edition

E-reader News Edition Technology/ Culture/ 23

Technology/ Culture/



continued from page 22

While you’re walking around your home, or maybe even in a restaurant or retail location, you sometimes notice that a spot on the floor may be sticky, or have a spill on it that you wish you could clean up, right then and there. But sometimes getting something to clean it isn’t all that easy, so what if your shoes could clean it? That’s where the FOKI come in. The FOKI floor cleaner shoes are a concept design from designer Adika Titut Triyugo. They are designed to feature a pair of rotary cleaners on the bottom of each shoe, which rotate to clean the floor, and kill bacteria. You just charge them up during the night,

and then throughout the day you should have enough power to get through some spot-cleaning here and there. There’s an LED indicator on the side of the shoes, which will tell you how much power is left. No word on when, or if, this design concept could ever see the light of day, but considering how many people hate sweeping, and are always looking for new ways to make cleaning easier, there’s a chance that these FOKI shoes could see the light of day. [ via Yanko Design]

Victor Agreda, Jr. (TUAW)

Submitted at 11/22/2010 1:45:00 PM

Earlier this month we reported the iPad had cleared governmental hurdles in Korea and was about to begin taking pre-orders. Today, Electronista reports that over 60,000 pre-orders for the iPad have been taken. KT Corp. is offering the iPad in Korea with a subsidy if you sign up for their data service, bringing the 16GB version to less than US$200. You can still buy a Wi-Fi model without a subsidy for around


Competitor SK Telecom, meanwhile is selling the Galaxy Tab with some success, predicting over 1 million in sales by the end of the year. As far as we can tell, SK Telecom is still considering

As far as we can tell , SK Telecom is still considering carrying the iPad (and

carrying the iPad(and iPhone 4), but there have been no new announcements from Korea's #1 carrier. Until then, the iPad will continue to be sold by KT Corp. iPad will hit Korea on November 30 originally appeared on TUAW on Mon, 22 Nov 2010 13:45:00 EST. Please see our terms for use of feeds. Source| Permalink| Email this| Comments

Evan Selleck (SlashGear)

Submitted at 11/22/2010 12:38:42 PM

Depending on your situation, you may not want everyone around you hearing you type. Or, maybe you just don’t like the sound of keys being pressed repeatedly, all day long. Thankfully, Thanko has you covered (pun intended). They’ve just shown off their brand new Soundproof keyboard

cover, and instead of using some kind of new technology to silence the keystroke, they’ve just made you wear something over your hands. According to Thanko, this very unique design makes sure that the sounds of the click on “older” keyboards isn’t heard. But, there’s enough room inside to make sure that touch-typists can go about their business without being

that touch-typists can go about their business without being hindered by the cover. And, if you’re

hindered by the cover. And, if you’re someone who needs to

look at the keyboard, there’s a nice viewport at the top of the cover, giving you ample room to see what’s going on inside the cover. The cover costs about $36, or 2,980 yen. It’s available for purchase from Geek Stuff 4 U, if you really think you have to have it. [ via Akihabara News]

really think you have to have it. [ via Akihabara News] Who Do You Think Was

PopSugar (PopSugar)

Submitted at 11/22/2010 12:00:00 PM

The red carpet at last night's American Music Awards was full of pretty stars in an array of great gowns, and so far Taylor Swift is your choice for the evening's best dressed. As usual, there were some looks that unfortunately, missed the style mark. Take a look at the below options and tell us - who do you think was worst dressed at the AMAs? Who Do You Think Was Worst Dressed at the AMAs? Jada Pinkett Smith - We get it, you're tough! No need for the breastplate. Katy Perry - There are no fireworks in that plain get-up. Ke$ha - She's always unique, but seriously, where to even begin? Heidi Klum - The hair makes this look take a turn for the worse. Avril Lavigne - Her Sk8r girl schtick is so tired.


Technology/ Economy/

24 Technology/ Economy/ E-reader News Edition

E-reader News Edition

Dave Caolo (TUAW)

Submitted at 11/22/2010 1:35:00 PM

now Dave Caolo (TUAW) Submitted at 11/22/2010 1:35:00 PM update to push it to your Apple
now Dave Caolo (TUAW) Submitted at 11/22/2010 1:35:00 PM update to push it to your Apple

update to push it to your Apple TV. [Via MacStories]





TUAW on Mon, 22 Nov 2010

13:35:00 EST.

Please see our

The updates keep coming today, and now iOS 4.2.1 for Apple TV is available. This update supports the much-anticipated AirPlay feature in iOS 4.2, which allows compatible iOS devices running 4.2 stream content to the Apple TV. This is build 8C150 and can be found via your Apple TV's update feature or directly here.* We've been waiting to test AirPlay ourselves and will have a review of the feature up soon. For now, grab the update, start playing around and plan how you'll be showing off your new toys this holiday season. *Note: If you grab the manual download, you'll need to use iTunes and option-click the

Katya Wachtel (Money Game)

firms - DiamondBack Capital and Level Global. Loch, which was founded in 2003, was only remotely tied to the Galleon case, but even his remote connection implies that the Feds are going after EVERYONE they can find this time. According to the firm's latest 13f- HR, the small Boston hedge fund

largest holdings are:

• American Tower ~$4 million (83,300 shares)

• Apple ~$14 million (48,100


• Avago ~$5 million (216,800


• Crown Castle International $4


• Marvell Technology ~$4.8


million ( 275,900 shares)

• Cablevision ~$5 million (187,600 shares)

• Google ~$7 million (12,900 shares)

• Qualcomm Inc ~$9 million


• Varian Semiconductor Equipment $5 million (181,500 shares)

• Viacom ~$4.5 million (125,700 shares)

Submitted at 11/22/2010 1:08:11 PM

The FBI reportedly had a search warrant out for Loch Capital, a small technology-oriented hedge fund based in Boston, which is run by brothers Timothy and Todd McSweeney. It was raided earlier today, alongside two other

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Submitted at 11/22/2010 3:55:00 AM

The hypocrisy of treasury secretary Tim Geithner would be stunning except for the fact hypocrisy from Geithner is pretty much an every day occurrence. Geithner is blasting Congress for politicizing the Fed, while doing the same thing himself. To top it off, the Fed itself is politicizing the Fed by interfering and commenting on Fiscal policy while bitching about Congress commenting on monetary policy. Please consider Geithner Warns Republicans Against Politicizing Fed. U.S. Treasury Secretary Timothy F. Geithner warned Republicans against politicizing the Federal Reserve and said the Obama administration would oppose any effort to strip the central bank of its mandate to pursue full employment. “It is very important to keep politics out of monetary policy,” Geithner said in an interview airing on Bloomberg Television’s “Political Capital with Al Hunt” this weekend. “You want to be very careful not to take steps that hurt our credibility.” Fed Chairman Ben S. Bernanke defended the monetary stimulus in a speech in Frankfurt today and in a meeting with U.S. senators earlier this week. The best way to underpin the dollar and support the global

recovery “is through policies that lead to a resumption of robust growth in a context of price stability in the United States,” Bernanke said in his speech. The asset purchases will be used in a way that’s “measured and responsive to economic conditions,” Bernanke said. Fed officials are “unwaveringly committed to price stability” and don’t seek inflation higher than the level of “2 percent or a bit less” that most policy makers see as consistent with the Fed’s legislative mandate, he said. Bernanke Comments on Fiscal Policy Flashback, October 4, 2010:

MarketWatch reports Bernanke calls for tougher budget rules In a speech delivered at the annual meeting of the Rhode Island Public Expenditure Council and devoid of comments on monetary policy, Bernanke said that fiscal rules might be a way to impose discipline, particularly if those rules are transparent, ambitious, focused on what the legislature can control directly, and are embraced by the public. “A fiscal rule does not guarantee improved budget outcomes; after all, any rule imposed by a legislature can be revoked or circumvented by the same legislature,” Bernanke said, according to a copy of prepared remarks made available in Washington. The current pay-as-you-go rule

made available in Washington. The current pay-as-you-go rule “at its best” prevents new tax cuts and

“at its best” prevents new tax cuts and mandatory spending increases from making budget deficits worse but doesn’t force Congress to reduce the deficits that are already built into current law. Bernanke said current spending plans are “unsustainable” and pointed out the ratio of federal debt-to-national income has climbed to a level not seen since the aftermath of World War II. Though the budget deficit should narrow over the next few years so long as the economy and financial markets continue to recover, it will swell over the medium and long term if current policy settings are maintained. “Expectations of large and increasing deficits in the future could inhibit current household and business spending -- for example, by reducing confidence in the longer-term prospects for

the economy or by increasing uncertainty about future tax burdens and government spending -- and thus restrain the recovery,” Bernanke said. Hypocrisy In Action 1. It's OK for Bernanke to comment on Fiscal Policy 2. It is not OK for Congress to comment on Monetary Policy My Position The Fed should welcome discussion of monetary policy and Congress should welcome discussion of fiscal policy. I happen to believe it is high time EVERYONE question the beliefs of Ben Bernanke AND the fiscal irresponsibility of Congress as well. It is appropriate for everyone to be concerned. We need more debate, not less. Then we need action to do something about the deficit.

Bernanke Defends Position Please consider this snip from Bernanke Defends Fed as

James Galbraith, an economist at the University of Texas at Austin, said the ultimate loser of a single- mandate Fed would be Congress, which would no longer be able to engage the central bank on such critical issues as growth and jobs. “To say that you should focus on inflation and not unemployment is

a little strange,” said Galbraith, who helped write the Humphrey- Hawkins Full Employment Act of 1978, which enshrined the Fed’s

dual mandate to seek stable prices and full employment. “This is a warning shot by a couple of senators who know very well that they are not going to get a bill entertained.” Idiocies and Ironies The irony is the Fed and Geithner are already bitching about Congress commenting on Fed policy yet James Galbraith says a under a "single-mandate Fed Congress would no longer be able

to engage the central bank on such

critical issues as growth and jobs."

The Fed clearly does not want to be engaged right now. Fed's Dual Mandate Is Mission Impossible The primary reason Galbraith is wrong is that dual mandates are sheer madness. Here's the deal. 1. The Fed can control money GEITHNER page 29



26 Economy/ E-reader News Edition

E-reader News Edition

Submitted at 11/21/2010 9:10:00 PM

Defined benefit pension plans are in trouble across the country, but politicians in states like Arizona and Illinois are reluctant to tackle the problem. Voters across the country however, have taken matters into their own hands by refusing to agree to tax hikes and by voting to reduce benefits. In California, voters in eight of nine cities or counties approved measures to reduce public- pension benefits. Moreover, six new governor-elects want to kill defined benefit plans. Finally, the speaker of the House in Arizona wants a constitutional amendment to lower pension benefits. Arizona Central covers these issues and more in a pair of articles. Let's start with a look at Pension reform a difficult task. The Arizona Legislature's incoming House speaker and Senate president said lawmakers can go only so far to slow the rate of growth for the state's pension systems, which an Arizona Republic analysis found cost taxpayers $1.39 billion last year, a 448 percent increase from a decade ago. These rising taxpayer costs,

coming at a time when state and local governments have cut services to balance their budgets, have been driven in part by the pension trusts' investment losses during the market downturn but also by ongoing pension-benefit improvements and efforts to hold down costs for employees themselves. "It's time we get serious about reforming the public-pension systems," said House Speaker Kirk Adams, R-Mesa. "But if we are going to have any fundamental change, the voters will have to get involved." Adams said he would work to get the Legislature to have voters in 2012 change the state Constitution, which prohibits benefits from being diminished for those in the public-pension systems. Adams said he has yet to get support from the Republican- controlled Senate or Gov. Jan Brewer, a fellow Republican. In 1998, the intent of the measure was to protect public-pension trust funds, which had surpluses at the time, from being raided by lawmakers in the event of lean budget times. Since then, the pensions have not been touched by lawmakers. In a significant indication of change, six newly elected governors in Alabama, Nevada,

Pennsylvania, Tennessee, Wisconsin and Rhode Island have suggested that they want to amend their states' pension systems to 401(k) plans similar to the private sector's, said Stephen Fehr, a pension expert for the Pew Center on the States. The center is a non- profit policy-advocating group. "They want to shift away from guaranteed pensions," Fehr said. Even in states with strong labor unions, such as California and Illinois, action has been taken, Fehr noted. Voters in eight of nine California cities and counties approved measures during the recent election to cut public-pension benefits. In addition, Fehr said, more than 40 suburban communities in Chicago approved a ballot question that called on the Illinois Legislature to reduce benefits for future state workers. Arizona House Speaker Kirk Adams Proposes Constitutional Amendment There is much more in the article, please give it a look. Also consider House speaker unveils sweeping plans Adams plans next session to ask lawmakers to:

- Eliminate the Deferred Retirement Option Plan for public -safety officers. This program costs tens of millions of dollars,

providing lump-sum payments to police and firefighters who agree

to defer retirement for up to five years and stay on the job.

- Prohibit public employees from

retiring and returning to work. The practice of "double-dipping"

reduces contributions to the

pension systems by millions of dollars.

- Prohibit public officials

convicted of crimes related to official duties from receiving pensions.

- Eliminate the pension system for

elected officials and move judges who are in that plan into the larger

Arizona State Retirement System.

Pensions for elected officials are the best in the state.

- Change the state's pension plans, which have guaranteed payouts, to 401(k)-type systems.

- Refer a constitutional

amendment to voters in 2012 to allow pension benefits to be reduced. A provision in the Arizona Constitution prohibits benefits from being diminished. Fraudulent Promises Need Not Be Kept Many will say we cannot renege on promises. The reality is those promises are invalid because they came about as a result of fraud. Politicians got into bed with public unions by making promises they knew they could not keep, in

return for endorsements from unions to get elected. The entire vote-buying process by unions is fraudulent. No one

represented taxpayers, even though public workers are supposed to be public servants.

It is not at all wrong to take away promises made via fraudulent vote buying, influence peddling, and

bribes. The same applies to public union wages as well. Mike "Mish" Shedlock http://

globaleconomicanalysis.blogspot. com Click Here To Scroll

Mike "Mish" Shedlock is a registered investment advisor

representative for SitkaPacific Capital Management. Sitka Pacific is an asset management

firm whose goal is strong performance and low volatility, regardless of market direction. Visit /account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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Economy/ Culture/


all those problems,” Lenihan said. Ireland may not draw down on the entire loan, he said. While Ireland may not fully use any cash it gets from the EU and IMF, Lenihan said the size of the package “is important to demonstrate” the “firepower that stands behind the banking system.” The Irish turmoil has also reopened tensions about the governance of the euro region after German Chancellor Angela Merkel last month called for bondholders to foot more of the bill of European bailouts. Her stance, criticized European Central Bank President Jean- Claude Trichet, sparked a bond market selloff. Bondholders Should Foot Entire Bill Trichet is pissed about common sense statement by German Chancellor Angela Merkel about who should foot the bill. Actually, Merkel did not go far enough. When you make stupid loans you pay the price. Or at least you should. But no! Trichet as well as the Irish Prime Minister seem to think that Irish taxpayers should bail out the Irish banks (which is in reality a bailout of German, and UK banks that made piss poor

loans to Ireland). Why the average Irish citizen should have to bail out foreign bondholders is beyond me, but I do note that the same happened in the US with taxpayers footing an enormous bill for Fannie Mae, Freddie Mac, and AIG. No matter what stupid thing banks do, prime ministers and presidents are all too willing to make the average taxpayer foot the bill for the mess. That by the way,is one reason why we get into these messes in the first place. For a full text of the actual bailout agreement, please see Government statement on request for support. I must say it is pretty boring lacking in details. Firepower of Stupidity Finance Minister Brian Lenihan bragged about the “firepower that stands behind the banking system.” Yes there is firepower alright, a firepower of stupidity. Wikipedia notes the population of Ireland is approximately 4.35 million. Going into debt to the tune of $137 billion would saddle the average Irish citizen with


By agreeing to take on that debt, and sticking it to the Irish

taxpayers who will be forced to accept various austerity measures to pay back that debt, Irish Prime Minister Brian Cowen and Finance Minister Brian Lenihan just sold Ireland down the river. For additional insight on how the crash affects Ireland, please see Ghost Estates and Broken Lives:

the Human Cost of the Irish Crash Mike "Mish" Shedlock http:// globaleconomicanalysis.blogspot. com



Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit /account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

How long will it take to pay that back? For whose benefit? Perhaps a better question is will it be paid back?

Submitted at 11/21/2010 6:32:00 PM

Today the Irish Government sold its citizens into debt slavery by

agreeing to guarantee stupid loans made by German, British, and US banks. Those loans fueled one of the biggest property bubbles in the world. Ireland has since crashed. Ireland Agree To Bailout Please consider Ireland Seeks Bailout as ‘Outsized’ Problem


applied for a bailout to help fund itself and save its banks, becoming the second euro member to seek a rescue from the European Union and the International Monetary Fund. Irish Prime Minister Brian Cowen said he expects talks on the package to be completed in the “next few weeks.” Finance Minister Brian Lenihan said the loan will be less than 100 billion euros ($137 billion), though he refused to give any further details at a press conference in Dublin today. “A small sovereign like Ireland faced with an outsized problem that we have in our banking sector, cannot on its own address

Submitted at 11/22/2010 9:00:56 AM

You're Watching: Playlist | Mega Machines Videos Playlist |

Mega Machines Videos See the full list of 14 mega machines videos below. There are 14 videos tagged "Mega Machines" most recommended videos

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Barry Ritholtz (Money Game)

Submitted at 11/22/2010 1:21:06 PM

During the housing boom, banks underwrote over $2 trillion in subprime, alt-A and option- adjustable rate mortgages underwriting could have losses as high as $700 billion, according to Amherst Securities research. The problem is, they weren’t particularly careful in how they performed their duties. Administrative and substantive errors, missing trust documents, misleading placement memorandums, all create a potential liability for the banks. The speed over quality underwriting procedures in securitizing and processing that $2 trillion in sketchy mortgages is well over $100 billion dollars. That’s according to an article in Barron’s this weekend, citing research from Compass Point Research & Trading, looking at potential putbacks to the banks. The folks who bought this mostly AAA rated junk as mortgage- backed securities are not simply going to swallow the losses

quietly. These investors –including Fannie Mae, Freddie Mac, Pacific Investment Management (PIMCO) and BlackRock (BLK) are seeking redress. Under certain circumstances, the terms of their purchase agreements allow them to “ put back the mortgages to the banks.” Bank of America, with its still awful Countrywide and Merrill acquisitions, has the greatest exposure, at over $35 billion. Citigroup somehow has a mere $8B in potential putback losses. A Potentially Big Hit Big banks could lose $134 billion if mortgage securities are put back to them, according to Compass Point Research & Trading. Company/Ticker Estimated Loss (bil) Per Share*% Tangible Book Value Bank of America/ BAC$35.2$2.11 17% JPMorgan Chase/JPM 23.9 3.59 13 Deutsche Bank/DB 14.1 12.56 21 Goldman Sachs/GS 11.2 12.43 11 RBS Greenwich/RBS 9.4 0.10 12 Credit Suisse/CS 8.9 4.50 22 UBS

/UBS 8.4 1.32 15 Morgan Stanley /MS 7.9 3.37 14 Citigroup/C 7.8 0.16 4 Barclays/BCS 3.6 0.18 3 HSBC/HBC 3.5 0.22 2 Total 133.8* After-tax. Sources: Compass Point Research & Trading LLC; Bloomberg; Inside MBS & ABS Asset Backed Alert


One caveat: Chris Whalen of Institutional Risk Analytics has looked at the full run of exposure of banks as both underwriters, processors, and trustees. He thinks the exposure is much much greater Source:

Banks Face Another Mortgage Crisis JONATHAN R. LAING Barron’s, NOVEMBER 20, 2010



Gregory White (Money Game)

Submitted at 11/22/2010 1:32:26 PM

Deutsche Bank see tomorrow's GDP release having strong upward revisions, but that's only the beginning of the good news for the U.S. economy. Corporate profits, a key leading indicator of future employment, are also set to zoom.

From Deutsche Bank:

More importantly, we will get the first snapshot of Q3 economy- wide corporate profits. We are projecting a robust 18% annualized quarterly increase. If our forecast is accurate, the cumulative increase in profits since they bottomed in Q4 2008 will total roughly 35%. This is an incredibly sturdy rate that will almost certainly point to a stronger pace of hiring in the

almost certainly point to a stronger pace of hiring in the quarters ahead, because every strong

quarters ahead, because every strong profits recovery in the past has given way to a noticeable pickup in hiring. As a result of corporate profits and other positive data, Deutsche Bank say, "jobless claims could be on the cusp of a breakout to the downside." Here are the 8 reasons why Deutsche Bank think nobody believes Bernanke's deflation warnings > Join the conversation about this story »

Adam Pash (Lifehacker)

Submitted at 11/22/2010 10:30:00 AM

Windows: Google Cloud Connect

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and Google Docs' cloud s t o r a g e , allowing you to seamlessly




collaborate with other Google users and back up all your Office files. More »

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continued from page 25

supply but it will have no control over interest rates (or anything else). 2. The Fed can control short- term interest rates, but then it would have no control over money supply (or anything else). That is the full and complete extent of the Fed's "control". Note that neither price stability nor unemployment is in either equation. The reason is the Fed controls neither. Sure, the Fed can increase money supply but all those who thought it would necessarily cause prices to rise sure got it wrong. The simple truth of the matter is the Fed can print money, but it cannot control where it goes, or even if it goes anywhere at all. Indeed the Fed can encourage but not force banks to lend, and encourage but not force consumers to borrow. The Fed certainly cannot control jobs and in fact in a global economy it can at best, struggle to influence consumer prices. That last statement should be obvious given Bernanke's

inability to affect the CPI like he wants. Yet Galbraith not only want the Fed to promote price stability, he also wants the Fed to promote full employment (whatever the hell that means). That Galbraith is still proud of the misguided legislation he helped write confirms he is unfit to teach. Inflation Targeting at 2% a Year Of course the idea that "stability" means prices rising at 2% annually is stupidity in and of itself. Does this look stable to you? click on chart for sharper image Bear in mind Bernanke does not consider asset bubbles, housing prices, taxes, food, or energy in his measure of "stable" prices. Is it any wonder we have had nothing but serial bubbles from the Fed? Kill Dual-Mandate Idiocy I encourage Congress to kill dual- mandate idiocy. Heck, I encourage Congress to abolish the Fed altogether. The Fed clearly cannot even get price stability right, let alone full

employment AND price stability. All the Fed has done is blow

serial bubble after bubble with the help and encouragement of those like James Galbraith. Mike "Mish" Shedlock http:// globaleconomicanalysis.blogspot. com Click Here To Scroll Thru My

"Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http:// account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

far beyond the social contract. The desire to see harm befall those who wrong us begins on a very personal level, within the brain of the victim. Neuroscientists have found that the dorsal striatum, a part of the brain responsible for reward, also governs revenge. What follows, in no particular order, are 10 examples of people where someone's dorsal striata kicked into overdrive, leading to some of the biggest cases of revenge in human history. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at content-only/faq.php Five Filters featured article:

Submitted at 11/22/2010 9:00:56 AM

The concept of revenge is as old as history. Almost since the dawn of the written word, humans have had the desire to exact vengeance on others who have wronged us. For example, The Code of Hammurabi, the code of law from the sixth king of Babylon, was implemented about 1760 B.C., making it the oldest recorded set of laws in human history. The code is rooted firmly in the belief in an eye for an eye; in fact, that's almost exactly how the concept was phrased. The Code of Hammurabi marked the official beginning of standardized revenge. It informs our way of thinking today. Indeed, our modern legal system is based on society's ability to carry out revenge against those who break its laws. Yet our thirst for vengeance goes

Submitted at 11/22/2010 9:00:56 AM

You've opened up your hearth and home to friends and family for the holidays, but the lodging you're providing is less than ideal. No, there's nothing wrong with your neighborhood, and everyone

really does like your cooking. It's the little things you overlook that ensure your current houseguests will be future patrons of the hotel down the street. Between your efforts to save a bit of money on the heating bill and the maddening repetition of a few