News Links 02/22/2012
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Wealthy backers boost Republicans – FT.com
Sheldon Adelson, the Las Vegas casino magnate whose family has spent $11m backing Newt Gingrich for the Republican presidential nomination, says he may give “another $10m or $100m” to the candidate, a boast which underlines how the rules of campaign finances are being rewritten for the 2012 election.
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How Apple Lost A Dedicated Customer Over A Stupid Pink Dot – The Consumerist
the indicators can change because of anything from humidity to sweat on your hands and that stores use the humidity detector as a first option to refuse to service to a customer because it saves money.
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BBC News – Strauss-Kahn questioned in prostitution ring inquiry
Former IMF head Dominique Strauss-Kahn has been detained for questioning by French police investigating a prostitution ring.
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Justice Ruth Bader Ginsburg is ready to speak out on the danger of super PACs. – Slate Magazine
Justice Ginsburg issued a short statement that hinted she is ready to speak out more boldly. She, like many Americans, appears concerned with the rise of super PACs and the disturbing role money is playing in the 2012 campaign season since the Supreme Court’s controversial decision in Citizens United v. FEC. Justice Ginsburg likely won’t have the votes to overturn Citizens United, but she soon will be in a position to expose the disingenuousness at the ruling’s core.
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Foreclosure process is ‘utterly broken’ – Lansner on Real Estate : The Orange County Register
A recent study of San Francisco home foreclosures found widespread irregularities in almost all the home seizures scrutinized. The report, commissioned by San Francisco Assessor-Recorder Phil Ting, was prepared by Aequitas Compliance Solutions Inc. of Newport Beach.
Company partner Lou Pizante conducted the study. He explained its findings -
A capital way to defuse Greek timebomb – FT.com
Now, the finance officials of the euro group members are squabbling among themselves over whether, or how quickly, they could deal with the technical problems of a country’s rapid departure from the single currency.
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The tragedy of Fernando Torres – FT.com
Chelsea’s £50m striker has fallen prey to the malaise that every sportsman dreads: a catastrophic and inexplicable loss of form. But why does this happen to top athletes and how can they recover?
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Modern Monetary Theory is an unconventional take on economic strategy – The Washington Post
About 11 years ago, James K. “Jamie” Galbraith recalls, hundreds of his fellow economists laughed at him. To his face. In the White House. Most viewed the budget surplus as opportune: a chance to pay down the national debt, cut taxes, shore up entitlements or pursue new spending programs.
He viewed it as a danger: If the government is running a surplus, money is accruing in government coffers rather than in the hands of ordinary people and companies, where it might be spent and help the economy.
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if Galbraith stood out on the panel, it was because of his offbe
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