Wednesday, January 25, 2012

2012 State Of The Union Address:-------------- Enhanced Version


'US determined to prevent nuclear-armed Iran'
Jan-25-2012-- WASHINGTON – US President Barack Obama had tough words for Iran and Syria in his State of the Union address Tuesday night.
“Let there be no doubt: America is determined to prevent Iran from getting a nuclear weapon, and I will take no options off the table to achieve that goal,” Obama said to sustained applause.
In State of the Union address largely devoted to US economy, Obama trumpets "ironclad commitment" to Israel's security. He said that currently, “The regime is more isolated than ever before; its leaders are faced with crippling sanctions, and as long as they shirk their responsibilities, this pressure will not relent.”
The president did, however, leave the door open for diplomacy, saying that, “A peaceful resolution of this issue is still possible, and far better, and if Iran changes course and meets its obligations, it can rejoin the community of nations.”
His words were more hawkish than one year ago, where his brief reference to Iran focused only on the American diplomatic effort.
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Obama State of Union Seen by 37.7 Million Viewers, Nielsen Says
Jan-25-2012-- President Barack Obama, who is seeking re-election in November, drew 37.75 million viewers to last night's State of the Union address a 12 percent decline from a year earlier.
Obama’s 65-minute speech was watched by 13 percent fewer than the 43.4 million who tuned in for President George W. Bush’s State of the Union in 2004, before that re-election campaign .
The president used last night’s address to highlight themes of his bid for a second term. Obama called on Congress to require those making $1 million or more annually to pay a 30 percent federal tax rate. He called on Congress to help homeowners, crack down on U.S. financial crimes and unfair trade practices in China, and investigate lending practices that preceded the housing crisis.
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Fed Sees Low Rates to 2014
Central Bank Releases Policy Forecasts for Key Benchmark, Targets 2% Inflation
Jan-25-2012-- Federal Reserve officials said they expect to keep short-term interest rates near zero for almost three more years and signaled they could restart a controversial bond-buying program in yet another campaign to rev up the disappointing economic recovery. The central bank's pronouncements came after a two-day policy meeting from which officials emerged still frustrated at the slow pace of growth and a bit more confident that inflation is settling down after climbing last year.
The combination of persistent slow growth and low inflation,
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Asia Stocks, Oil Rise as Fed Signals Low Rates; Won Strengthens
Jan-25-2012 -- Asian stocks rose to a three-month high, copper climbed and South Korea's won strengthened after Federal Reserve Chairman Ben S. Bernanke signaled plans to main near-zero interest rates .
“Mr. Bernanke is presenting the world with a gift,” Khiem Do, the Hong Kong-based head of multi-asset strategy “He wants to underwrite the recovery and underwriting the recovery is very good for equity markets and risk assets.”
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Saturday, January 14, 2012

Marc Faber - CNBC 13 January 2012 Downgrade of Debt Ratings Underscores Europe's Woes -------------------------------Jan-13-2012--


Marc Faber -
CNBC 13 January 2012
Downgrade of Debt Ratings Underscores Europe's Woes
Jan-13-2012--PARIS - Standard & Poor's downgraded the credit ratings of France, Italy and seven other European countries on Friday, a move that may have more symbolic than fundamental financial impact but served as a reminder that Europe's economic woes were far from over.
AAA rating, cut a notch to AA+, was “not good news”
but was “not a catastrophe.”
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Wednesday, January 11, 2012

Doomsday Clock suggests world is worse, not better ---------------- Jan-11-2012-


Doomsday Clock
suggests world is worse, not better
Jan-10-2012--The Doomsday Clock lost one minute due to the proliferation of nuclear weapons and continuing inaction on climate change. The Bulletin of the Atomic Scientists announced Tuesday that it has moved its "Doomsday Clock" to five minutes to midnight.
The group says inadequate progress on stopping the spread of nuclear weapons and continuing inaction on climate change are the reasons for the move.
The clock had been set at six minutes to midnight for the past two years. It previously was set at five minutes to midnight from 2007-2010.
The group says in a statement that two years ago, there was reason for optimism "that world leaders might address the truly global threats we face. In many cases, that trend has not continued or been reversed."
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'Doomsday Clock' might be reset
Jan-10-2012--A group of scientists are meeting in Washington DC to answer an age-old question: when will the world come to an end?
The Bulletin of the Atomic Scientists has been monitoring events since after the Second World War to predict the likelihood of Armageddon.
"Doomsday Clock", a symbolic time piece that tells us how close humanity is to global catastrophe, might be reset pending this week's meeting.
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Tuesday, January 3, 2012

US government funding 'shadow' networks


US government funding 'shadow' networks
Jan-03-2012--The Obama administration is funding so-called "shadow" internet and cell phone networks, which allow activists to operate independently of government controls.
The "shadow" networks are portable kits that fit in suitcases, which could maintain ad-hoc computer networks useful to activists in places where internet is either inaccessible or being monitored.
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Iran risk accounts for up to $15 of oil price
Jan-03-2012--Oil jumps nearly 3% on rising US-Iran tension, but political risk is the only real major support for oil right now. Record bets against the euro, meanwhile, trigger a bounce back above $1.30.
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Oil Rises to Six-Week High
on Global Manufacturing Expansion
Jan-03-2012- Oil climbed to a six-week high after manufacturing in the US and Asia expanded in December and as concern persisted that further sanctions against Iran may disrupt shipments.
Futures gained as much as 4 percent on the first day of trading this year as the Institute for Supply Management’s U.S. factory index rose more than expected, adding to increases in China and India.
An Iranian military official warned the U.S. against sending an aircraft carrier back to the Persian Gulf.
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Oil above $111 on Iran, China, US data
Jan-03-2012--LONDON - Crude oil rose above $111 a barrel on Tuesday as tension between Iran and the United States stirred fear of a possible disruption to oil supplies from the Middle East and as Chinese and US data showed
economic activity increasing. Military exercises in the Gulf by Iran and the movement of U.S. naval vessels in the area has raised fears of a confrontation between Tehran and Washington that could cut off oil exports from the region.
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Dollar Falls; Euro Tops $1.30
Jan-03-2012--NEW YORK—The dollar extended a decline after stronger-than-expected manufacturing data in the US added to better economic reports from Asia and Europe, giving equity markets a lift at the start of the new year. In recent trade, the euro was at $1.3049 compared with $1.2960 late Monday. The dollar was at ¥76.69, compared with ¥76.92, while the euro was at ¥100.07 compared with ¥99.46. The pound traded at $1.5647 from $1.5542, while the dollar bought 0.9324 Swiss franc from 0.9372 franc.
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Fed to forecast rates for years ahead
Jan-03-2012--The US Federal Reserve will start to publish forecasts of its own interest rates for years into the future, in a permanent shift in how the world's most important central bank conducts monetary policy.
The Fed will replace its current guidance of exceptionally low interest rates “through mid-2013” with interest rate forecasts from each Fed policymaker for both the end of 2012 and the “next few calendar years” after that. All 17 members of the rate-setting Federal Open Market Committee will also forecast when they expect interest rates to rise for the first time.
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The euro is a buy, says Jim Rogers
Jan-03-2012--Jim Rogers says despite his doubts over the EU, the euro is very oversold. The veteran investor says he may actually add more of the single currency to his portfolio, while shorting European stocks.
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A decade of the euro
Jan-03-2012--On new year's day 2002 euro notes and coins hit the streets for the first time.
They were introduced with much enthusiasm and optimism as a currency that people could actually spend in the shops. Previously-from the start of 1999 --it had been used by the world's financial markets as an accounting currency.
The idea was to lower borrowing costs and make trade and tourism easier, boosting growth and Europe's clout in the world. 
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UN says chronic hunger on the rise
Jan-03-2012--The UN organisation tasked with ending famine and hunger has a new leader.
José Graziano da Silva has been outlining what needs to be done to help nearly a billion starving people. His agency, the UN's Food and Agriculture organisation, says eradicating hunger is now one of the main global challenges, and da Silva admits the organisation has its work cut out.
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Coalition to pull $30B
in gear from Afghanistan
Jan-03-2012--KABUL, Afghanistan As the pace of the drawdown of U.S. troops from Afghanistan picks up in 2012, military planners are trying to figure out how to ship huge quantities of alliance vehicles, weapons and other equipment out of the mountainous, landlocked country.
The operation requires the removal of $30 billion worth of state-of-the-art military gear by the end of 2014, when U.S. and other coalition troops are to end their combat role, a senior U.S. official said Tuesday.
Most of the American equipment will be shipped to military depots in the United States for refurbishment and then redistributed to bases around the country. Some assets will go to bases in Europe, primarily Germany, or in Asian nations like South Korea.
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Chaplain To Elite -
Vital Inside Info for 2012 - Pt. 1 & 3
Jan-03-2012--Lindsey Williams "2012 - Beginning of the End"
And remember, although the elite have their plans for 2012,
God is the one who is ultimately in control!
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PRECIOUS-
Gold extends gains on data,
US easing hopes
Jan-03-2012--SINGAPORE - Gold edged higher on Wednesday, extending a 2.4-percent rise in the previous session on encouraging economic data from the United States and Europe, as well as expectations of further monetary easing in the United States.
* Spot gold inched up 0.2 percent to $1,606.09 an * Spot silver was little changed at $29.62, retaining
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Construction Spending in US Climbs 1.2%
Jan-03-2012--Construction Spending in US Climbs
Recent gains in the housing market, spurred in part by mortgage rates near record lows, are helping the construction industry recover from the 18-month recession that ended in June 2009. Public expenditures also climbed during the month, a sign that budget constraints may be easing.
Private construction spending climbed 1 percent in November from the prior month to $522 billion, the highest level since December 2009. Homebuilding outlays increased 2 percent, including a 2.6 percent gain in home improvement. Expenditures on single-family and multifamily housing also improved.
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