English

Some words and sentences to comment…

 

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 Nature’s Mind: The Biological Roots of Thinking, Emotions, Sexuality, Language and Intelligence,” by Michael S. Gazzaniga. $15.00.

This book challenges the nature vs. nurture viewpoint and asks us to consider the concept of Natural Selection as a way of looking at human behavior. Dr. Gazzaniga believes that Natural Selection explains everything from clinical depression to addiction, substance abuse, and language. Just like the environment selects those organisms that will survive our brain has the capacity to pull out what we need to know to live in our world. Our brains are like the black box of an airplane, and/or a deep complicated file cabinet and we select the information we need at the time we need it. “All we do is discover what is already built into our brains.


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Bruce Bartlett Is A Mensch

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So Ryan did his best to impersonate a budget wonk.

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The Moocher Majority

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Back in 2010, self-styled deficit hawks — better described as deficit scolds

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Remember how Bush’s aides ended up making a DVD of Katrina coverage to get his attention and convince him that Brownie wasn’t actually doing a heckuva job?

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Culled UBS traders replaced with algos

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At this point, however, the reality seems to be sinking in: if Romney has Big Mo, it looks like this:

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From this data we can calculate spreads between Baa bonds and government debt around the troughs of the Great Depression (in March 1933) and the Lesser Depression (in June 2009):

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Coulda Been Worse, by Paul Krugman, in NY Times: Josh Lehner does something I’ve been meaning to do: he compares US economic performance since the financial crisis with other episodes of major financial crisis. And guess what? We actually look better than most (sorry about the small print):

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Euro Counterfactuals (Wonkish), by Paul Krugman, in NY Times

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Who knows what might happen next in this wild market of technology run amok?

Com a cena do “run amok” ia-me dando um amoque…

Era boa rapariga, um dia “deu-lhe um amoque” e …

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They’ll be asking the watchdogs about just what kind of role they had in approving the ill-fated drilling operation, and why they weren’t better prepared to deal with the disaster.

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Stocks skid on global economic jitters

The German trading ban also sparked jitters in Asia, where Hong Kong’s Hang Seng sank 1.8% and Japan’s Nikkei finished the session 0.5% lower.

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Concerned, the Bank of Japan injected two trillion yen (US$20 billion) in short term lending Friday morning. A spokesperson with Japan’s central bank says “the aim is to increase a sense of security in the markets by providing ample funds.” Read here: Calm the market’s jittery nerves

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But while the euro is clawing back up, Cardillo said it is only enjoying a relief rally and further declines are expected.

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Investors will also keep an eye on events happening across the Atlantic, with Europe’s debt crisis and the flailing euro still very much in focus.

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“We’ve been given negative news about Europe and mixed signals about the U.S. economy and its been putting the market on edge,” Tuz said.

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Stocks were mixed Monday after a bigger-than-expected rise in existing home sales took the edge off worries about the global economic outlook.

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However, the term “hedge fund” has also come to be applied to certain funds that do not hedge their investments, and in particular to funds using short selling and other “hedging

methods to increase rather than reduce risk, with the expectation of increasing the return on their investment.

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Here are some of the most significant differences between the Senate and House bills that lawmakers need to hash out.

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Stocks seesaw in volatile trade

Stocks seesawed Tuesday, losing steam late in a volatile session, as investors welcomed Europe’s $1 trillion aid package, but showed caution amid the recent market turmoil.

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The Nikkei-225 Index in Tokyo closed 3.1 percent lower on Friday as the global sell-off — sparked by the debt crisis in Greece and a wild session on Wall Street — continued to roll with the sun across the financial world.

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Athens mayhem hits Tokyo markets

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Bank stocks rally on heels of Wall Street reform

Shares of major U.S. banks rallied Friday after the Senate passed a sweeping overhaul of the financial system.

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The pan-European Stoxx 600 Index lost 2.2%. London’s FTSE 100 dropped 2.7%, while Frankfurt’s DAX fell 2.5% and the CAC-40 in Paris sank 3%. Madrid’s IBEX-35 declined 3%.

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By 1015 GMT, the Stoxx Europe 600 index was down 3.2% at 230.35. London’s FTSE 100 index was down 3.1% at 4914.26, Frankfurt’s DAX index was 3.1% lower at 5625.08, and Paris’s CAC-40 index was down 3.9% at 3296.32.

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Political and Euro crises spook investors – FT

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Relentless austerity will only deepen Greek woes

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