News Links: Elizabeth Warren: ‘I Created Occupy Wall Street’
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Elizabeth Warren: ‘I Created Occupy Wall Street’ – The Daily Beast
The Harvard professor has spooked the right. As she begins her high-profile Senate campaign against GOP star Scott Brown in Massachusetts, the consumer advocate tells Samuel P. Jacobs how she created ‘much of the intellectual foundation’ for the Occupy Wall Street movement. She also talks about her past life as a Republican and the challenges of being a woman on the campaign trail—and says she’s no ‘guileless Marxist.’
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Steve Jobs, Human Being: 10 Quirky Details From Bestselling Biography
So he was a flawed mortal after all. A really flawed mortal, whose boundless obsession turned him into the nearest thing to a Shakespearean figure that our century has seen.
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Siempre y cuando Italia cumpla con esa receta, Europa dará luz verde a una complicada solución basada en recapitalizar los bancos, una fuerte quita a los bonos griegos y un fondo de rescate potenciado para asegurar la deuda de los países con problemas, aunque todos los detalles se dejan, en la mejor tradición europea, para más adelante. Eso es lo que estaba ayer sobre la mesa en Bruselas. Y esto lo que no está ni se espera: un plan B por si esos intrincados planes de salvamento fallan, y por si la sobredosis de austeridad fracasa. Pero no hay tal plan B.
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Merkel anuncia una delegación permanente en Grecia para supervisar las reformas · ELPAÍS.com
Papandreou adelanta que la quita obligará a nacionalizar buena parte de la banca griega.- El segundo rescate asciende a 130.000 millones sumados los 30.000 millones comprometidos para garantizar el pacto con los bancos
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How to Sound Like You Know What You’re Talking About (Even When You Don’t)
We can’t all be human encyclopedias, and once in a while, you’re bound to stumble upon a conversation on a topic you know absolutely nothing about. To avoid being left out or seeming ignorant, here are a few tips for "tricking" people into thinking you’re well informed.
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Occupy Oakland protests: Marine veteran shot in face by police rubber bullet | Mail Online
The display of police force in Oakland, California is being investigated by the city’s independent police review body after an Iraq war veteran was critically injured by a projectile during a clash against Occupy Wall Street protesters. Scott Olsen, 24, was hospitalised in serious condition after he suffered a fractured skull on Tuesday in a march with other protesters toward City Hall, said Dottie Guy, of the Iraq Veterans Against the War.
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AppleInsider | iTunes Match beta reset on Thursday points to imminent launch
Apple notified developers on Wednesday evening that it will reset iTunes Match beta accounts on Oct. 27th in order to improve the "overall quality and reliability" of the service ahead of its upcoming public launch.
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How Iceland Recovered from its Near-Death Experience « iMFdirect – The IMF Blog
There are, of course, still many unresolved issues, including the vexed Icesave case involving disputed liability for lost deposits in the U.K. and the Netherlands, but Icelanders have shown their resilience and their strength as a people. They took control of their destiny and implemented some very tough policies that are now bearing fruit. But the work is not finished, and additional efforts are needed to reduce unemployment and boost growth.
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BoC sharply cuts GDP forecasts | News | Financial Post
Tepid recoveries in Canada, the United States and Europe are expected to slow even further in the coming months, but a shot of confidence may be what it takes to turn the global economy back in the right direction.
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The Myth of Income Equality, Courtesy of AEI : CJR
This post by James Pethokoukis, who recently hopped over to AEI from Reuters, shows how to combine the worst tendencies of Slate (contrarian shtick), Business Insider (misleading, hyped headlines), and think tanks (paid-for spin), and puts it in internet-friendly listicle format
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The strong showing by Islamists in Tunisia’s elections has raised doubts about the Arab Spring. Will rule by dictators in North Africa be replaced by Sharia law? Islam will have to play a role, say German commentators, but it’s not necessarily the end of the world — and Tunisian secularists are also strong.
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We don’t know who built, uses or abuses this particular basketball court, but it is worth posting with the abject lack of basketball source material floating around the World Wide Web these days.
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The Most Shoplifted Food In The World? That’s Right, "Cheese." – The Consumerist
The First WorldWide Shrinkage Survey is not about taking a scientific approach to a Seinfeld plot line. Instead, it measures shoplifting around the globe. "Shrinkage," in retail parlance, is when people take things from stores without paying for them. And according to their study, the most shoplifted item in the world in 2011 was cheese.
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Faber Says Investors Should Accept Greek Writedown of 90 Percent – Businessweek
“Greece is bankrupt, whether they want to admit it publicly or not,” Faber said in an interview in Zurich today. “It will need a 90 percent writedown, but that’s not going to happen. What will probably happen is a 50 percent writedown.”
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Umfrage: Ein Drittel der Deutschen plant Goldkäufe – Rohstoffe + Devisen – Finanzen – Handelsblatt
Viele haben Angst vor Geldwertverlust – das treibt sie zum Kauf von Barren und Münzen. 70 Prozent der Befragten haben Angst vor steigender Inflation, 54 Prozent fürchten sogar eine Währungsreform.
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Nokia Lumia 800 Could Be the Best Windows Phone Yet [HANDS-ON]
Nokia Lumia 800, the company’s flagship Windows Phone device, has been officially launched at the Nokia World conference in London today.
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Nokia Lumia 710 hands-on (video) — Engadget
We’ve been bedazzled by the higher-end Lumia 800, but here’s Nokia’s more modest offering: the slightly thicker, less expensively built — but still distinctly Finnish — Lumia 710. At 270 Euros ($375) excluding taxes, this promises to be a keenly priced device when it starts hitting Western markets, and it may well prove cheap enough for emerging markets too. But without that special something that makes the 800 stand out, can it compete against the growing army of mid-range Windows Phones from manufacturers like Samsung and HTC? Read on for our initial impressions.
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Nokia Lumia 800 hands-on (video) — Engadget
Oh, Nokia. Earth mother and founding father of the mobile industry. At last, we have your newest creation nestled amidst our clammy palms: a 3.7-inch slab of polycarbonate Windows Phone wonderment, fronted by a ClearBlack AMOLED display. Has that sweet breeze off the Nokianvirta River worked its special magic? Or is this just another Windows Phone? Well, first impressions are that it… feels just like an N9. Read on for our detailed impressions.
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Merkel wins rescue fund vote after raising spectre of war – Telegraph
Angela Merkel, the German Chancellor, won a parliamentary vote of support for boosting the firepower of the bailout fund after raising the spectre of war in a speech in the Bundestag.
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Draghi says ECB will continue buying bonds – Telegraph
Mario Draghi, the incoming head of the European Central Bank, threw the eurozone a lifeline hours before a crucial summit on Wednesday by signaling the bank would go on buying troubled states’ bonds to combat market turmoil.
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Als Chef der Bundesbank erfuhr Axel Weber viele Interna aus deutschen Banken. Bald berät er nur noch die Schweizer Großbank UBS.
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This is down from a peak of €314,000 — a loss of almost €140,000 in value over the past four years. This means house and apartment price falls in this country have been among the most severe in the world. Dublin house prices have been diving at an even faster rate, with the average price calculated to be €208,618 — down from €431,000 during the boom.
“European banking crisis news” https://broadoakblog.blogspot.com/2011/10/european-banking-crisis-news.html
Nice overview of the tension in the system at this point.