Author: Serkadis

  • The Karate Kid Is The Kung Fu Kid


    The Karate Kid is an upcoming 2010 martial arts film remake of the epic 1984 film of the same name. Directed by Harald Zwart, the remake stars Jaden Smith (son of Will Smith) and Jackie Chan. Principal photography for the film took place in Beijing, China; filming began around July 2009 and ended on mid October. The Karate Kid will be distributed by Columbia Pictures theatrically in the United States on June 11, 2010. Unlike the 1984 movie, The Karate Kid, the 2010 remake does not feature the modern interpretation of karate, which is from Okinawa. Despite its title, the new film focuses on a boy learning kung fu in China. Chan has told interviewers that film cast members have been referring to the movie as the Kung Fu Kid, and he believes the film will only be called The Karate Kid in America, and The Kung Fu Kid in Asia.

    The plot bears many similarities to the original Karate Kid film, with some notable differences. Twelve year old Dre Parker (Jaden Smith) is the most popular kid in Detroit until he and his single mother (Taraji P. Henson) move because of a pivotal career change made by his mother. In their new home of Beijing, Parker falls for a young school student named Mei Ying. Both children find it hard to form a solid friendship with each other because of their cultural differences and because Ying’s father does not approve of their relationship. To make matters worse, this attraction makes him the enemy of the infamous bully leader, Cheng, who gives Parker the nickname of ‘The Karate Kid’ due to his severely limited knowledge of Karate, hence the title of the film.

    With the bullies constantly throwing him to the ground, and with no one else to turn to, the outlook for Parker’s new life looks bleak until he meets Mr. Han (Jackie Chan), who makes a deal with the bullies’ kung-fu master that if they let Dre train they can fight Dre in the upcoming tournament. A quirky mentor and a kung-fu master in secret, Mr. Han teaches Parker kung-fu through unconventional, yet effective techniques to help make life in his new home an easier affair and hopefully stand up to the bullies. It involves training in places such as the Great Wall of China. The entire plot eventually builds up to a grand finale with Dre Parker battling against Cheng and his allies in a large scale Martial Arts Tournament.

    The film will contain homages to the original film, including a variation on the famous fly catching scene in which Chan’s character ends up swatting it instead of using chopsticks; the theatrical trailer shows this scene with the original movie’s theme “You’re the Best” playing.

  • Fantastic Presentation On Human Cognitive Biases

    cognitive bias small

    What are cognitive biases?

    In essence, they are the way humans come to incorrect conclusions. You think you’re right, but you actually have no idea. Barry Ritholtz recently published a presentation, released by the Royal Society of Account Planning, states the following:

    Such biases are thought to be a form of ‘cognitive shortcut,’ often upon rules of thumb, and include errors in statistical judgment, social attribution, and memory. These biases are a common outcome of human thought, and often drastically skew the reliability of anecdotal and legal evidence. The phenomenon is studied in cognitive science and social psychology.”

    Basically, you shouldn’t go convincing yourself that you have your best interests at heart. Check out how  society ultimately judges itself. Across business disciplines — notably investing, but not solely — cognitive biases are extremely important.

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    That’s all, folks!

     That's all, folks!

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    Feeling egotistical? So are these guys:

    Feeling egotistical? So are these guys:

    Here Are 12 Media Big Shots Giving Speeches At This Year’s Commencement Ceremonies

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  • Linda Mcmahon Fed Blumenthal Vietnam Story to NY Times!

    Linda Mcmahon, the former WWE CEO and wife of wrestling icon Vince McMahon, is a Republican Senate candidate and is claiming that she fed Blumenthal Vietnam Story to New York Times. Linda Mcmahon claims she fed the New York Times their current story about Democratic candidate Richard Blumenthal’s exaggerated Vietnam service or Blumenthal Vietnam Story, as stated by the DailyCaller.com.

    It appears that Linda Mcmahon claims a blog post on her website brought the information about her opponent’s military service to light. Also, Linda Mcmahon took the post down after handing the story off to the NY Times. The Blumenthal Vietnam story has been reported by Kevin Rennie, who has confirmed that the Blumenthal Vietnam story was “fed to the paper by the Linda McMahon Senate campaign.”

    See more of the news linking Linda Mcmahon to Blumenthal Vietnam issue…

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  • Final Fantasy XIII is last year’s top seller for Square Enix

    There might be mixed receptions about the linearity of Final Fantasy XIII, but it sure didn’t keep people from buying it. Having sold 5.55 million copies worldwide, the battle between the l’Cie and the fal’Cie is Square

  • Dow Off Triple Digits, As German Short-Selling Restrictions Officially Go Into Effect Until 3/31/2011

    Deutsche Mark coin germany

    This is starting to look like a gigantic unforced error on the part of Angela Merkel.

    The new short-selling restrictions are out, and apparently they extend all the way until March 31, 2011 as a response to volatility in the bond market.

    We really have no idea what Angela Merkel is thinking, but if the idea was to reduce volatility, it seems safe to say that it’s already failed badly.

    The Dow is off about 100. The NASDAQ is off 38.

    Next up the euro crashes through 1.22.

    Join the conversation about this story »

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  • This Morning’s Housing Sales: A Nine Month Streak Of More Builds Than Sales Came To An End

    This morning the Census Bureau released the “Quarterly Starts and Completions by Purpose and Design” report for Q1 2010.

    The first graph shows the NSA quarterly starts intent for four categories since 1975: single family built for sale, owner built (includes contractor built for owner), starts built for rent, and condos built for sale.

    Condo starts in Q1 were just above the all time record low last quarter (4,000 vs 3,000 in Q4 2009).

    Read the full post at Calculated Risk >

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  • Sengoku Basara: Samurai Heroes official site for UK now live

    Just a quick FYI guys (and this one’s for the ladies (qjnet/news/women-love-sengoku-basara.html) as well), the official UK site for Sengoku Basara: Samurai Heroes (or Sengoku Basara 3 in Japan) is now live.

  • Austerity Anger Heads To France: Health Care Protest Shuts Down Paris Train Station

    montparnasse

    Even without a deficit crisis, France is running out of money to pay for its generous social programs.

    95% of French anesthestists are striking today to demand a raise. Several thousands held a particularly annoying protest on the tracks of a major Parisian train station, which blocked trains for hours, according to Le Monde.

    As the austerity bug hits France, paying for the world’s best health care system will be a major challenge. The country has tried for decades to reduce health care pay and benefits, and only succeeded in stirring up public outrage.

    See Also: Guess Who’s Going To Get Pounded In A Greek Collapse

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  • Australian Gyms Dumping Pop Music After Massive Increase In Royalty Rates

    Last year, we wrote about an effort by the Australian performance collection society, the Phonographic Performance Company of Australia (PPCA) to massively boost royalty rates played by gyms, who often use music in exercise classes. This followed a similar effort with massively boosting rates at clubs and bars, which led those clubs and bars to stop playing covered music. It looks like the same thing is happening in gyms as well. Reader Shadzzy sends over news that the Australian Copyright Tribunal (who knows what they were thinking) has approved the massive boost in royalty rates. Where gyms used to have to pay $0.968 per class, they now have to pay $1 per participant per class. That’s a massive increase, and makes it impossible for many gyms to pay those royalty rates.

    What it means, of course, is that the music is being played less. The gyms are looking for alternatives, because it simply doesn’t make sense to pay tens of thousands of dollars to promote music to its members. PPCA is, of course, in denial. It’s claiming that people are complaining about gyms not playing popular music, and that fitness centers who won’t play popular music at such extortionate rates are treating its members “with utter contempt.”


    “We’ve seen a groundswell of discontent from gym members and fitness instructors who’ve been ordered to use cover music.”

    I would imagine that those members would find having to get a massive increase in their membership bill creates a much bigger “groundswell of discontent,” and would find that it’s actually PPCA that’s treating everyone with “utter contempt,” by making the situation worse for everyone. The musicians PPCA “represents,” now get their music played significantly less. Gyms have to offer a “worse” overall service, and members get a somewhat worse experience. The problem is that PPCA (and the Copyright Tribunal’s) view of what is a reasonable royalty rate is simply out of line with reality. But since the entertainment industry has been able to set up this system where the government sets the price, and the industry influences those setting the price, then it gets to set rates that have no connection to reality.

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  • CBC trustee honored by state association

    Published May 17, 2010
    By the Tri-City Herald staff

    Columbia Basin College trustee Wayne Martin has been named Trustee of the Year by the state’s Trustees Association of Community and Technical Colleges.

    Martin has been on the CBC board since 2000. He’s also on the WSU Tri-Cities Advisory Council and is a founding member of the Tri-Cities Reading Foundation.

    Martin, an environmental research engineer at Pacific Northwest National Laboratory, was a driving force in establishing CBC’s Office of Diversity, leading to millions of dollars in federal grants for the college and its students.

  • CBC gets $275,000 grant

    Aired May 17, 2010
    By Josh Peterson, KVEW TV

    Students at Columbia Basin College get some big money to help them graduate.

    The college received a $275,000 grant.

    The money will go to under-represented students pursuing careers in science, technology, engineering and math.

    60 students will receive the financial support each year for the next five years.

    The money is coming from the National Science Foundation.

    Educators say it will help students go to conferences, get internships and get them excited about education.

    “Having the opportunity to give them, so that they’re able to experience these things much sooner in their career will ensure that they are more successful sooner and that they will continue and persist rather than drop out,” said Gabriela Whitemarsh, Columbia Basin College.

    Columbia Basin College is one of four community colleges in the state to receive the grant money.

    Yakima Valley Community College also received money.

  • CBC launches grant program to increase STEM graduates

    Aired May 17, 2010 12:47 PM
    KNDU TV
    Play video

    Pasco, Wash;–The Office of Diversity and Math and Science at Columbia Basin College announced the launch of a $275,000 grant program.

    CBC is one of four community colleges in Washington to receive the MESA Community College Program Grant.

    MESA stands for math, engineering, science achievement.

    The goal of the grant is to better prepare under-represented students for a bachelor’s degree and career in the fields of science, technology, engineering and mathematics.

    And despite recent budget cuts, grants like this keep the college moving forward.

    “That’s what grants allow us to do especially in these difficult times,” says Vice President of Diversity and Outreach Martin Valadez. “Grants become much more important because they allow us to continue some of that work that we’ve been wanting to do. So yes it’s really important.”

    About 60 students each year will be eligible for the program. That’s nearly 250 students over the duration of the grant.

  • LINKS May-Day offers prizes for members

    NEWS RELEASE
    May 17, 2010                                                              Contact: Frank Murray, 542-4835

    Restaurant gift baskets, $500 in tuition credit for a current and returning student, a $250 voucher to the CBC Bookstore for textbooks, coffee baskets, and more; all paid for with LINKS Bucks. Toss in a live D-J and free lunch, and you’ve got the first annual LINKS Day this Thursday, May 20, in the Gjerde Center on the CBC Pasco campus. The event runs from 11 a.m. – 2 p.m. Registration for new LINKS members will be available at the registration table.

    LINKS is often referred to as the “Un-alumni association”. LINKS is everyone who has a connection to CBC as a student, former student, graduate, employee, contractor, or relative of someone who attended CBC.

    LINKS members earn LINKS Bucks by signing up for LINKS and wearing their LINKS buttons. The LINKS Bucks are then used to bid on the donated items.

  • Global Macro’s Raoul Pal: Here’s Why A Crash Is Coming In Two Days-To-Two Weeks

    We don’t mean for it to be doom and gloom day, but Richard Russell isn’t the only big name pundit to be calling for a fall.

    Raoul Pal, who writes Global Macro Investor newsletter, and whose bio cites stints at GLD and Goldman Sachs, is out with a very specific crash call. In his latest note he calls for a big move down in just two days to two weeks.

    That’s refreshingly specific!

    So what’s the reason?

    It’s all about what he sees as an archetypal crash pattern — a sharp decline followed by a failed rally followed by a collapse.

    It looks like this:

    crash

    That’s an unspecific chart, but here’s a more specific one, based on the current post-flash crash market.

    crash

    And now, here’s the kicker. It’s the current market vs. 1929, which is what prompts him to see a crash as imminent.

    crash

    And finally, here’s the flash crash vs. 1987

    crash

    Get the picture?

    Now don’t miss: The 25 financial companies most likely to default >

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  • Reithofer: Rolls-Royce sales are on the rise, 408 units delivered in 2010

    2011 Rolls-Royce Ghost

    During his speech to shareholders and employees at BMW Group’s 90th Annual General Meeting, CEO Norbert Reithofer said that Rolls-Royce sales are on the rise.

    “In the upper luxury segment, we started the global introduction of the Rolls-Royce Ghost at the beginning of the year,” Reithofer said. “Rolls-Royce sales are also on the rise: In the first four months of the year, 408 automobiles were delivered to customers, 100 percent more than in the same period last year.”

    Click here to get prices on the 2011 Rolls-Royce Ghost.

    The Rolls-Royce Ghost is on sale now with prices starting at $245,000.

    It has been reported that Rolls-Royce is working on a hybrid version of the Ghost that will share its technology with the BMW ActiveHybrid 7. Fuel-economy of the hybrid version should be improved by 15 percent. The standard Ghost manages an estimated fuel-economy of 17 mpg.

    Rolls-Royce is also rumored to be working on an electric version of the Phantom on the roads within 12 months.

    2011 Rolls-Royce Ghost:

    2011 Rolls-Royce Ghost 2011 Rolls-Royce Ghost 2011 Rolls-Royce Ghost 2011 Rolls-Royce Ghost

    – By: Omar Rana


  • Toyota cashes out $16.4 million for U.S. safety fine

    Toyota

    Toyota today paid a $16.4 million fine to settle allegations by the National Highway Traffic Safety administration that the company was too slow to recall vehicles with defective accelerator pedals. The payment comes just two days before Toyota’s U.S. sales chief, Jim Lentz, is expected to appear before a congressional committee investigating Toyota recalls.

    In paying the $16.4 million fine, the Japanese automaker denied that it violated the Safety Act or its implementing regulations.

    “We have acknowledged that we could have done a better job of sharing relevant information within our global operations and outside the company, but we did not try to hide a defect to avoid dealing with a safety problem,” Toyota said when it agreed to pay the fine last month.

    Toyota may still be subjected to additional fines as safety regulators investigate whether Toyota delayed a 2009 recall of all-weather floor mats that could jam the accelerator pedal. Transportation Secretary Ray LaHood said last week that the investigation could run through the summer.

    – By: Omar Rana

    Source: Reuters


  • Austin City Limits 2010 Lineup

    Austin City Limits 2010 Lineup
    One of the most established festivals the Austin City Limits, has compiled an eclectic list of artistes for the 2010 edition. The festival will take place from 8 to 10 October 2010 and this year the lineup includes such bands as Muse, The Eagles, MIA, Phish and many more.

    This is the lineup of Austin City Limits 2010 (acl 2010).
    * The Eagles
    * Muse
    * Phish
    * The Strokes
    * M.I.A
    * Flaming Lips
    * LCD Soundsystem
    * Spoon
    * Vampire Weekend
    * Norah Jones
    * Band of Horses
    * Monsters of Folk
    * Deadmau5
    * Sonic Youth
    * Gogol Bordello
    * The National
    * Robert Earl Keen
    * The Black Keys
    * Broken Bells
    * Slightly Stoopid
    * Yeasayer
    * Pat Green
    * Rebelution
    * Beach House
    * The Sword
    * Matt and Kim
    * The xx
    * Portugal. The Man
    * The Temper Trap
    * Edward Sharpe and the Magnetic Zeros
    * Girls
    * Ryan Bingham & The Dead Horses
    * Local Natives
    * Gaslight Anthem
    * Lucero
    * Devendra Banhart
    * Blues Traveler
    * Pete Yorn
    * The Soft Pack
    * Gayngs
    * Amos Lee
    * Robert Randolph & The Family Band
    * Ozomatli
    * Richard Thompson
    * Martin Sexton
    * Manchester Orchestra
    * The Almighty Defenders
    * Miike Snow
    * Mountain Goats
    * Bear in Heaven
    * Mayer Hawthorne
    * Midlake
    * Foals
    * Switchfoot
    * Cage the Elephant
    * JJ Grey & Mofro
    * Kinky
    * Angus & Julia Stone
    * The Morning Benders
    * Hockey
    * White Rabbits
    * David Bazan
    * Asleep at the Wheel
    * Trombone Shorty & Orleans Avenue
    * Nortec Collective
    * The Very Best
    * Beats Antique
    * Henry Clay People
    * Blind Pilot
    * GIVERS
    * Dawes
    * Band of Heathens
    * Charlie Mars
    * Two Door Cinema Club
    * Lissie
    * Sarah Harmer
    * The Constellations
    * T. Bird and the Breaks
    * Chief
    * Frank Turner
    * Those Darlins
    * Carolyn Wonderland
    * Kings Go Forth
    * The Relatives
    * The Ettes
    * Qbeta
    * The Dough Rollers
    * MyNameIsJohnMichael
    * Basia Bulat
    * Balmorhea
    * Dan Black
    * The Jane Shermans
    * The Kicks
    * Ponderosa
    * Two Tons of Steel
    * Caitlin Rose
    * SPEAK
    * Run With Bulls
    * Maxim Ludwig
    * Gospel Stars
    * Heavenly Voices
    * Wesley Bray & The Disciples of Joy
    * Jones Family Singers
    * Ashley Cleveland & Kenny Greenberg
    * Buddy & The Straight Way Travelers
    * Ruby Jane Smith
    * The Verve Pipe
    * Frances England
    * The Jellydots
    * Elizabeth Mitchell
    * Okee Dokee Brothers
    * Tom Freund
    * School of Rock
    * Q Brothers

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  • Jim Rogers: Unfortunately For Governments, The Market Will Win And It Always Does

    Given all the news these days about bailouts in Europe, and Germany’s attempt to go after short-sellers, Jim Rogers’ appearance on The Keiser Report is very timely.

    “The market has a lot more money than any government or any central bank, and in the end, the market’s going to come out way ahead.” Rogers starts around the 14 min mark.

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  • This Chart Is Proof That Richard Russell’s Crash Prediction Will Come True

    Earlier we brought you the latest alarming comments from noted Dow Theorist Richard Russell, who is advising people to sell everything they can, ahead of a radical change in America.

    You think that’s hyperbolic and ridiculous?

    Well consider this, from a reader, who writes:

    I’ve been watching the charts and listening to Bob Prechter and we are in a wave C down cycle that will be very swift and steep.

    chart

    Now are you convinced?

    Don’t miss: the 25 financial companies most likely to default >

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  • Selling In Stocks And Euro Intensifies, As Rumors Of German Government Short-Selling Ban Spreads

    Update: the government has confirmed a naked short selling bond in certain securities. The euro has fallen below $1.23.

    Original post: There are headlines coming out of Germany that the government may institute a short-selling ban.

    Earlier, ZeroHedge cited a Reuters article saying that a short-selling ban would apply to stocks and bonds.

    But according to ForexLive, the report indicates that it’s a naked short-selling ban.

    There’s also chatter that Merkel may push for a transaction tax at the G20 meeting.

    We have no idea what’s actually going to happen, but things have deteriorated in the last several minutes.

    The Dow is off 57.

    The euro may soon slide below $1.23.

    chart

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