"You learn in college through journalistic writing that every good story should have a compelling protagonist. It makes the story personal. So we will hear about Joe or Michelle in relation to an article. It is a template many journalist follow." Blame it on the Ritz: Market Psychology. Blame the Downturn on Homebuilders and Banks. By Dr. Housing Bubble October 16th, 2007 Sourby ProjectC - Project C
"The fall in asset prices has “wealth” effects. US consumption, based on borrowing against the inflated values of financial assets, drives the export driven economies of Asia, Eastern Europe and Latin America. Lower commodity prices already point to slower global growth. While main street was trying the assess the fallout, Wall Street was already issuing “pink slips” by the thousands as bankby ProjectC - Project C
‘All along the watchtower, princes kept the view…’ -- Confusion & Change - Crossroads *** A Tale of Two Princes Minyanville's Hoofy & Boo look at a recent meeting between Citigroup's Chuck Prince and Saudi Prince Al-Waleed bin Talal. See Here. ( Source: Problems For Banks, Problems For You? & Drowning in Debt: How do we protect ourselves? )by ProjectC - Project C
"...At the root of the current crisis is an information crunch that cannot be easily resolved." Is the storm over? Credit market conditions look changeable By Gillian Tett October 3 2007 Source A month ago, the mood on the credit trading desks of JPMorgan was decidedly dark. As turmoil erupted in the credit markets this summer, activity in many parts dried up and traders atby ProjectC - Project C
Mandriva.com Tuesday October 02 2007 Source Mandriva today announced that the Federal Service on Technical and Export Control (FSTEC) in Russia has agreed to authorise the certification of the Mandriva Linux OS for all safe and legal use in organizations dealing with confidential information. The certification process will be finished in 3 to 6 months. This decision was released during a conby ProjectC - Project C
2Grid shall focus on two global pillars during the 2007 - 2012 period. 1. Learning for All (Personal learning with a computer tutor) 2. A new Global Financial Architecture (Precious metals, Paper money + old fashioned accounting) One step at a time. *** "A further restructuring will have to take place in education. It is already counterproductive to concentrate educatioby ProjectC - Project C
"Better than anyone else Korolyov understood how important it was to open the space era," Grechko said. "The Earth had just one moon for a billion years and suddenly it would have another, artificial moon!" Sputnik at 50: An improvised triumph By VLADIMIR ISACHENKOV, Associated Press Writer Sep 30, 2007 Source MOSCOW - When Sputnik took off 50 years ago, the worldby ProjectC - Project C
"But Loginova suggests, the country would earn immense returns from creating a super-agency or ministry that would oversee the transportation ministry – which she suggests has been especially neglectful about planning – the customs service, and the economic development ministry. Were that to happen, even for a short time, she argues, it would be possible for Moscow to take five steps thatby ProjectC - Project C
"The Soviet geologists had turned Western orthodox geology on its head. They called their theory of oil origin the "abiotic" theory - non-biological - to distinguish it from the Western biological theory of origins. ... Following their abiotic or non-fossil theory of the deep origins of petroleum, the Russian and Ukrainian petroleum geophysicists and chemists began with a deby ProjectC - Project C
Concerted efforts needed in rich and poor countries to stem flow of corrupt monies and make justice work for the poorest Transparency International London/Berlin, 26 September 2007 Source The divide in perceived levels of corruption in rich and poor countries remains as sharp as ever, according to the 2007 Corruption Perceptions Index (CPI), released today by Transparency International, tby ProjectC - Project C
"The next several weeks are liable to be a time of great stress as these realities become increasingly undeniable. I imagine the public chatter will become increasingly delusional as the wave crests. When it it finally comes, the shock of recognition that we are a bankrupt nation will present itself at first as a great silence. The public's collective jaw will fall open, but no sound wiby ProjectC - Project C
STOIBERS VERMÄCHTNIS Münchner Transrapid kann starten Spiegel 25. September 2007 Source Der Weg für die Transrapidstrecke vom Münchner Flughafen in die Innenstadt ist frei. Bayern, die Deutsche Bahn und die Industrie haben sich geeinigt, wie die Finanzierungslücke des 1,85-Milliarden-Euro-Projekts geschlossen werden kann. Die Opposition kritisiert dies als "Abschiedsgeschenk für Sby ProjectC - Project C
CNews September 14, 2007 Source Russian OS is to be installed on every school computer in Russia by 2009. Furthermore, every pupil will get the opportunity to operate the applied software produced in Russia, Leonid Reiman, acting Minister of Communication stated at a press conference. Experts and market participants consider the terms within which software is to be developed quite reasonableby ProjectC - Project C
The Four Day Work Week: Sixteen Reasons Why This Might Be an Idea Whose Time Has Come Posted by Prof. Goose September 20, 2007 Source Reason #1; the impact a 4 day work week could have on crude oil imports I’m talking about perhaps a 40% reduction in the amount of oil we need Monday through Friday simply by rearranging our work week. No wonder this idea was utilized in the 70’s. Bby ProjectC - Project C
( Source ) <object width="425" height="350"><param name="movie" value=" name="wmode" value="transparent"></param><embed src="; type="application/x-shockwave-flash" wmode="transparent" width="425" height="350"></embed></object> Video of the Day For thosby ProjectC - Project C
"All this occurred against the background of what has come to be called Peak Oil, the turnaround point in global oil production, and indeed the all-time high-point of world oil consumption, which can be dated precisely now (in the rearview mirror) as having topped absolutely in July of 2006 -- the exact moment, incidentally, that a gigantic pin first pierced the outermost molecules of the soby ProjectC - Project C
"...So that was really what we were all dealing with from the very beginning: the possibility of creating not just a reconstruction of Europe, but of advancing a structure that might bring peace to the world as a whole." 'This Process Will Go On' An EU visionary discusses the future of a united Europe —and whether it can be a counterweight to U.S. power WEB EXCLUSIVby ProjectC - Project C
Florida Housing 1920s Redux: History repeating in Florida and Lessons from the Roaring 20s By Dr. Housing Bubble September 06, 2007 Source "...today we are going to examine a few paragraphs from an amazing book by Frederick Lewis Allen called Only Yesterday written in 1931 which examines the decade of the 1920s in great detail." There was nothing languorous about the atmospby ProjectC - Project C
By Henry C K Liu (This article appeared in AToL on April 3, 2002) Source Note: This article was written more than five years before the credit market crisis of August 2007 and four months after Enron filed for bankruptcy protection on December 2, 2001. The analysis has survived the test of time. Greenspan bought time by unleashing the housing bubble. Today, the problem is essentially the sby ProjectC - Project C
By AdamWill (604569) September 05, 2007 Source For all those who haven't tried Mandriva in a while, quite a lot has changed. It'd be great if you could try Mandriva again before posting comments. For instance, managing remote repositories is far easier than it used to be: you can configure a full set of official repositories from within the Mandriva package management tools. Instrby ProjectC - Project C
"This is thus the first real crisis of the new world of financial globalization and securitization." The Coming U.S. Hard Landing By Nouriel Roubini Sep 07, 2007 Source The utterly ugly employment figures for August (a fall in jobs for the first time in four years, downward revisions to previous months’ data, a fall in the labor participation rate, and an even weaker employby ProjectC - Project C
One (out of twenty) global issues: • Global financial architecture *** Calls Grow for Foreigners to Have a Say on U.S. Market Rules By HEATHER TIMMONS and KATRIN BENNHOLD August 29, 2007 Source Politicians, regulators and financial specialists outside the United States are seeking a role in the oversight of American markets, banks and rating agencies after recent problems relby ProjectC - Project C
By India Knight September 2, 2007 Source I was delighted the first time I met an adult who knew what I was talking about when I mentioned my youngest child’s condition, DiGeorge syndrome. “Oh yes,” she said. “My sister has that.” I was brimming with questions, given that my daughter was a tiny baby and my friend’s sister a middle-aged adult. She didn’t have many answers, it turned out, beby ProjectC - Project C
By Wilfred Hahn 08/29/2007 (01:22 PM) Source It doesn't seem just: The patriarch of the current "anti-bubble" camp," Dr. Kurt Richebächer, has died at age 88. He did not live to see his long-running warnings come to be vindicated. Just as he fell ill, events began to cascade into the vicious credit crash that erupted this past August. Kurt Richebächer was well known arby ProjectC - Project C
- Flash Presentation: Eee PC - (Linux) ASUS Eee PC Hand's On Preview - Via aims 1W x86 CPU at mobile, embedded apps - The Asus EcoBook bamboo laptop - Where Jobless Run Factories - Here's the chocolate factory, but where has Willy Wonka gone? *** Becoming a Linux OEM: A Roadmap By Matt Hartley August 27, 2007 Source For years, Microsoft has reigned supreme as theby ProjectC - Project C
3 Reasons Why This Credit Bubble is worse than 1929. Precursors to a Recession: Complicit Fed, Population Involved, and Greater Dependence on Credit By Dr. Housing Bubble August 23, 2007 Source The market seems to have taken well to the liquidity injection by the Federal Reserve. Since the past two weeks of subprime debacles and stock market woes, the market is slowly gaining a foothold.by ProjectC - Project C
Will Speed Data Transmission by Combining Laser Light with Silicon A Critical Step Toward Achieving Lower Cost, Lower Power, More Compact Devices University of California - Santa Barbara, College of Engineering August 21, 2007 Source Santa Barbara, Calif. – August 21, 2007 – Researchers at UC Santa Barbara have announced they have built the world's first mode-locked silicon evanesby ProjectC - Project C
By SPACE.com Staff 14 August 2007 Source Following the successful launch and deployment of two inflatable space modules, on Monday the owner and founder of Bigelow Aerospace announced plans to move ahead with the launch of its first human habitable spacecraft, the Sundancer. "As anyone associated with the aerospace industry is aware, global launch costs have been rising rapidly overby ProjectC - Project C
"All of these simple principles wind up with a very attractive house that is as normal and livable as any other, but without insulation or air conditioning or heating. The typical energy bill might be as low as $30 a month, depending on where you live. The outside temperature can be 50 degrees hotter or colder than the inside temperature of 71 degrees." Wozniak's New Goal is Eby ProjectC - Project C
"Isn’t it about time that we began thoughtfully to examine some of the fundamentals of our banking and investment theories and methods? -- Former bank president in New York, November, 1932 An article from a former bank president in New York - November, 1932 By Dr. Housing Bubble August 16, 2007 Source ...I’ll be posting an article that came out in the Saturday Evening Post in Nby ProjectC - Project C