Author: Serkadis

  • Teaching Process Skills with Children’s Literature: The Magic School Bus Gets All Dries Up

    the-magic-school-bus.jpg

     The Magic School Bus Gets All Dried Upwritten by Joanna Cole and illustrated by Bruce Degen is a fun and adventurous children’s book about survival in the desert.  The book starts off in Ms. Frizzle’s class, where things are not normal for long.  The students are making a diorama and observe that they are missing something important, animals that live in the desert! Carlos does not think that the cute little stuffed animals that they have put in the diorama will survive the hot, dry desert; and Phoebe is determined to prove him wrong.  She decided they are going to for a committee called S.A.D.S. (Students Against Desert Scarcity).  “Scarcity because food and water is hard to find in the desert.”  Surprising Arnold decides they should take a field trip and the next think you know, the students are boarding the Magic School Bus which turns into an airplane.  While the class is at the desert they learn what it would be like to be a Gila Monster, lizard with spikes, a rabbit, and a tortoise while comparing and contrasting the ways of survival. It does rain over night and in the morning there are beautiful flowers everywhere in the desert. Ms. Frizzle ends the field trip by saying “All things that live here have special features-adaptations-for survival.”

    Curriculum Connections

    This would be a great book to read aloud to the younger elementary school grades. A kindergarten teacher or first grade teacher can use this book to help teach and relate the book to scientific investigation, reasoning and logic (SOL: K.1 or 1.1) by observing the different attributes of surroundings, physical properties such as the mountains vs. the desert, predictions and conclusions.  If the children in the classroom have difficulty reading, they can looked at the detailed pictures and still understand a majority of the authors content.  This is a good book for teachers to stop and ask questions to the students about what they think will happen next, while they are using their processing skills.

    Additional Resources

    Scholastic has a web-site just for The Magic School Bus adventures. Teachers, parents and students can all find something to do! Teachers can find free engaging activities for their students.

    All Kinds of Weather is a worksheet that can help students process what activity can go along with each season. Students can process the following as an example: the boys and the kite go along with the wind blowing. 

    Preschool coloring pages of the desert can help to tie in the climate and what things can be found in the desert after reading the book, such as, cacti.

    A to Z Teacher Stuff is a great resource for teachers.  It has free lesson plans, coloring activities, games, etc. for the classroom. There is a whole section on the desert and each grade is broken down into sections for easier findings.

    Book: The Magic School Bus Gets All Dried Up
    Author: Joanna Cole
    Illustrator: Bruce Degen
    Publisher: Scholastic Inc.
    Publication Date: 1996
    Pages: 30
    Grade Range: K-1
    ISBN: 0-590-50831-8

  • Mayerson Student Philanthropy Project of Northern Kentucky University

    Funded by the Manuel D. and Rhoda Mayerson Foundation, the Mayerson Student Philanthropy Project of Northern Kentucky University provides an opportunity for students to participate in experiential philanthropy through a wide variety of courses each year. Each class is provided with $4,000. The class may increase the amount by raising additional funds which are matched by the Mayerson Foundation dollar for dollar.

    To acknowledge the time and effort involved in the preparation of applications, the minimum award amount to nonprofits is $1,000. Faculty members receive additional support through the Scripps Howard Center for Civic Engagement. The Mayerson Student Philanthropy Project involves students in systemic evaluation efforts and has been collecting data since its inception in 1999.

  • Pay it Forward: Strengthening Communities through Student-Led Philanthropy

    The Pay it Forward: Strengthening Communities through Student-Led Philanthropy initiative is sponsored by Ohio Campus Compact in collaboration with Kentucky Campus Compact and Michigan Campus Compact. Pay it Forward addresses critical economic needs in communities through student-led grant making and volunteerism through a focus in three needs areas: children and youth programs; neighborhood development and revitalization; and hunger, homelessness, and health issues.

    Through a competitive process, $5,000 grants are awarded to college courses infused with a philanthropy component to provide students with the intellectual knowledge and practical experiences needed to manage philanthropic funding. Each course awards $4,500 to local nonprofits (501(c)3) as chosen by the class and $500 may be used by the course for administrative expenses.

    Students in the course identify community needs and research the nonprofit sector through interviews and site-visits in an effort to select local nonprofit organizations that meet that need. Students issue and evaluate RPFs and engage in a group decision-making process to award funds. In addition, students are required to serve at least 15 volunteer hours with a nonprofit agency during the course.

    Participating campuses can apply for funding for up to 4 courses and must demonstrate institutional commitment through the formation of a campus team. The campus team is made up of the following roles: the campus liaison, a development officer, a community liaison, and all participating faculty. At the end of each term, participating students, faculty, and community partners complete an assessment in an effort to advance knowledge and practice in the area of student philanthropy.

    Funding for Pay it Forward is made possible through the generous support of the Corporation for National and Community Service: Learn and Serve America.

  • Video: Dodge Viper ACR-X V10 glows red hot on the dyno

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    2010 Dodge Viper ACR-X on the dyno – Click above to watch the video after the jump

    There’s something about glowing hot metal that gets our hearts racing here at Autoblog. Whether it’s disc brakes on a racing prototype during an endurance night race or an exhaust manifold at redline during dyno testing, there’s something about metal resisting the forces of incredible heat that appeals to the gearhead in us. That’s why we took particular interest in this video of the new 2010 Viper ACR-X that shows Dodge’s engineers going through final testing of its 8.4-liter V10.

    Because it’s built for the track and not the street, the ACR-X gets a few tweaks compared to the stock Viper V10. Gone are the catalytic converters and in go forged pistons, a modified calibration and long tube headers good for 640 horsepower and 605 lb-ft torque. Those headers not only look fantastic when the engine is off, they glow bright orange when the V10 is strapped to the engine dyno and revved to redline for sustained periods. You can see both the Viper ACR-X in action and the dyno tests in the video after the jump.

    [Source: Dodge via YouTube]

    Continue reading Video: Dodge Viper ACR-X V10 glows red hot on the dyno

    Video: Dodge Viper ACR-X V10 glows red hot on the dyno originally appeared on Autoblog on Tue, 16 Mar 2010 12:30:00 EST. Please see our terms for use of feeds.

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  • Volkswagen R GmbH launched, responsible for sporty V-dubs in the future

    As reported earlier this year, Volkswagen today officially launched its new R GmbH brand that will be responsible for sporty exclusive models from Volkswagen in the future.

    “Volkswagen AG has bundled the responsibilities and competencies for development, implementations and sales of individualised vehicle offers into Volkswagen R GmbH,” Volkswagen said in a statement. “For example, its portfolio includes the two new top models, the Scirocco R und the Golf R as well as the dynamic R Line design packages and luxurious Volkswagen Exclusive items.”

    Click here to get prices on the 2010 Volkswagen GTI.

    “Our vehicles contribute to the emotionalisation and growth of Volkswagen brand,” explained Ulrich Riestenpatt gt. Richter, General Manager of Volkswagen R GmbH.

    The Volkswagen R GmbH has its headquarters in Warmenau near Wolfsburg, Germany and employs more than 350 people.

    2010 Volkswagen Golf R:

    – By: Omar Rana


  • Ella Flagg Young

    A short biography of educator, union activist and first woman president of the NEA, Ella Flagg Young. (5 minutes).
    Formats available: Flash Video (.flv)
  • Scientists dismiss claims of runaway man-made global warming by Kirk Myers, Examiner.com

    Article Tags: Kirk Myers, Solar News

    Several researchers are claiming in a study published last week that rising greenhouse emissions will raise global temperatures by 6.7 to 8.0 degrees by 2100, even if the earth’s climate enters another “Little Ice Age.”

    Huh?

    In their paper published in the journal of Geophysical Research Letters, Georg Fuelner and Stefan Ramstorf of the Potsdam Institute claim that a long-lasting decline in solar activity – similar to the period from 1300 to 1850 known as the Little Ice Age – would cut only 0.5 degrees from the projected rise in global temperatures this century.

    Give Fuelner and Ramstorf credit for not going out on a limb with their prediction. Their forecasting prowess covers only the next 90 years. (A few recently humbled meteorologists at the MET Office in Britain would kill to have such predictive powers.)

    Where does such nonsense come from?

    According to the anthropogenic global warming (AGW) crowd (e.g., government-paid shills like NASA’s James Hansen, “Hockey Stick” Penn State Professor Michael Mann, and disgraced former Climate Research Unit Director Phil Jones), CO2 emissions from burning fossil fuels are being trapped in the atmosphere where they act as a temperature-forcing agent. As CO2 levels continue to rise, the planet will eventually face runaway global warming.

    However, there is a problem with their “catastrophic climate change” theory: hard, empirical evidence does not exist to support it.

    Click source to read FULL report by Kirk Myers

    Source: Examiner.com

    Read in full with comments »   


  • When to Doubt a Scientific ‘Consensus’ by Jay Richards, American.com

    Article Tags: Jay Richards

    article image

    Click source to read FULL report by Jay Richards

    Source: american.com

    Read in full with comments »   


  • Uh Oh: Honda Recalls 410,000 Vehicles Over, You Guessed It, Brake Problems

    Honda Cars

    First Toyota, now Honda.

     

    ———————————————-

    AP: Honda Motor Co. says it is recalling about 410,000 Odyssey minivans and Element small trucks in the U.S. because of problems with the brake pedals.

    The recall includes 344,000 Odysseys and 68,000 Elements from the 2007 and 2008 model years.

    Honda says the brake pedals can feel soft to drivers and must be depressed closer to the floor than usual before the vehicles will fully stop. The condition worsens over time but affects only some of the vehicles.

    The company says the problem happens because a part in the stability control system can let a small amount of air into the braking system.

    Honda says owners should take their vehicles to a dealer as soon as they get notification from Honda. Letters will go out at the end of April.

    Join the conversation about this story »

    See Also:

  • Reg Weaver

    A video biography of Illinois favorite son, former IEA president, former NEA president Reg Weaver. (11 minutes)
    Formats available: Flash Video (.flv)
  • Mopar releases sketches of trucks to debut at 44th Annual Easter Jeep Safari

    Mopar has released sketches for the 44th Annual Easter Jeep Safari in Moab, Utah which takes place from March 27 through April 4.

    Chrysler fifth brand has prepared a total of four vehicles that have been “Moparized” for the big show.

    The following are select sketches of the:

    • Jeep Wrangler J7: built off a four-door Jeep Wrangler Rubicon and designed to have the basic appeal of military-issued vehicles.
    • Jeep Patriot Extreme: a Sunburst Orange Jeep Patriot model equipped with the Trail-Rated off-road package and added a 2-inch Rocky Road Outfitters suspension lift, TJ ‘Moab’ 16-inch wheels, and BF Goodrich KM2 tires.
    • Jeep Wrangler Trail Boss: a two-door Jeep Wrangler Rubicon that is built for serious off-road duty.
    • Ram Power Wagon: the full-size pickup truck of choice in a range of off-road situations.

    Mopar Trucks for 44th Annual Easter Jeep Safari:

    – By: Kap Shah


  • Review: 2010 Honda Element with Dog Friendly package leaves tails wagging

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    2010 Honda Element with Dog Friendly Package – Click above for high-res image gallery

    How does an automaker take a model that’s been largely unchanged since inception and give it a little juice seven years into its life cycle? If you’re Honda, you go to the dogs. Literally. After unveiling it as a “concept” at the 2009 New York Auto Show, the Dog Friendly Honda Element accessory package has made the transition to production. The theory is that if you’re a dog lover, you might consider buying an Element geared specifically toward those needs.

    The Big H has plenty of experience in this department. As we showed you earlier today, in Japan there’s a dedicated Honda Dog website (it’s incredible, really) loaded with info about transporting pups in basically every JDM Honda offering. Naturally, there are “Travel Dog” accessories that drivers can purchase for each car as well. In fact, in Japan, there’s also a dedicated model, the Vamos Travel Dog, which is specifically outfitted with dog owners in mind – much like the Stateside-market Elements kitted out with the new Dog Friendly gear. As luck would have it, I have two dogs. Hence, I, and they, will be your humble 2010 Honda Element (Dog Friendly!) evaluators. Get your paws over to the jump to read more.

    Photos by Alex Núñez / Copyright (C)2010 Weblogs, Inc.

    Continue reading Review: 2010 Honda Element with Dog Friendly package leaves tails wagging

    Review: 2010 Honda Element with Dog Friendly package leaves tails wagging originally appeared on Autoblog on Tue, 16 Mar 2010 11:58:00 EST. Please see our terms for use of feeds.

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  • 15 Of The Worst Scifi Movies Ever (That You’ve Actually Heard Of)

    Sci-fi movies have an unfair stereotype of being universally horrible, and because of this there’s many an unknown gem in the genre. This list, however, is devoted to movies which are actually that bad. Utterly horrible. Void in redeeming characteristics. But beyond even that, they’re ones you’ve heard of. We tried to avoid movies which were made for TV, were “so bad they’re good”, and the vast reams of mediocre sci-fi from the 60s and early 90s. Instead, most of these films had big budgets, decent actors, and studio backing. And they all blew goats.

    15. Robot Monster

    Robot Monster is the one example we’re going to have on this list of an old, so bad it’s good, yet at the same time utterly terrible film. It’s one of hundreds of horrible, MST3K worthy science fictions stories from the 50s and 60s, mired in non-sensical plots and special effects that make ca 1970 Dr. Who look state of the art. Robot Monster is the only of this genre we’re including in the list, because it’s notoriously bad. Bordering on the so-bad-it’s-bad side of so-bad-it’s-good. If we didn’t limit ourselves to just one, we could fill this entire list with black and white crapfests, so here’s the token entry.

    14. Star Trek V

    There’s an old rule of thumb, that the odd numbered Star Trek films are good (at least from the original series). Following that system, you get Wrath of Kahn (II), Voyage Home (IV) and Undiscovered Country (VI) as being any good. The worst of the lot? Star Trek V, The Final Frontier. This is what happens when you let William Shatner direct and create the story. At this point in his career, he wasn’t quite at the stage of gleeful self parody he enjoys now, but somehow viewed himself as a serious actor of some sort. And somebody decided to let him direct. That’s how you end up with this muddled, poorly scripted story about space evangelists and sort-of gods, that was produced with a script that nobody liked, and used abysmal special effects. It was universally panned, nominated for 6 Golden Raspberries, and won 3—Worst Picture, Worst Actor and Worst Director—the last two going to Shatner.

    13. Robocop 3

    So what happens when you take movies packed with over-the-top violence, gratuitous nudity, and a single decent actor; then remove all those features? You get Robocop 3! Gone is Peter Weller, as is the trademark blood and gore. Instead, for some reason, the producers decided to attempt to get a PG-13 where the previous two were R. So instead of a dark and brutal tale of a robot-man attempting to battle his programing and clean up the streets of Detroit, you have a plucky gang of rebels and punks teaming up with your friendly local police unit to fight the big mean corporation. And RoboCop puts on a jetpack and saves the day, blowing up a tank. That’s right Robocop literally flies in to save the day.

    12. Planet of the Apes (remake)

    Tim Burton’s 2001 remake of the Planet Of The Apes was a relatively decent sci-fi film up till the last 2 minutes. Prior to that it was not a bad film. Not particularly inspired, as Mark Wahlberg maintained his usual scowl throughout the film, and Helena Bonham Carter was far too attractive as an ape. The film sends astronaut Wahlberg into the future of a planet he’s exploring, to find it inhabited by the evolved descendants of the apes on his spaceship. Okay, fair enough, makes a fair degree of sense. Then, he manages to return to Earth, and finds the entire planet inhabited by apes, and the Lincoln Memorial now dedicated to an ape. What? What the hell? That makes no sense whatsoever, and completely destroyed any ability a sane person would have to enjoy this film.

    11. Bicentennial Man

    There’s a rule of thumb, that any film based on an Asimov story is bound to suck balls. See I, Robot. With Bicentennial Man, instead of Asimov’s touching discussion of the nature of humanity, hatred and love, you get Robin Williams in bad makeup doing “the robot” over the course of 200 years. It was saccharine and utterly mediocre, chocked full of Williams attempting to do dramatic, which he hasn’t done well since Dead Poet’s Society. Seriously, when did Robin Williams stop doing coke? Because I’m pretty sure that’s when he started putting out movies that are utter drivel. Did you see his most recent one, starring him and Travolta?

    10. Species II

    I feel kind of bad picking on Species II, as it’s the flop sequel to a flop, that’s remembered only for having a blisteringly hot star. Species II deserves mention for being the first mainstream film depiction of tentacle rape outside of Japan. This entire film is obsessed with aliens impregnating ladies, who have their bellies split open and alien babies running around. In one scene, a baby alien shoots out of a woman’s vagina, and attacks her husband’s face. Nice. The main bad guy is eventually killed by a pitchfork that has the blood of someone resistant to alien infection on it, which causes him to dissolve. Yeah. This movies also great for watching, and trying to figure out how many drinks Micheal Madsen had had before each take, as he seems off his face for 90% of the film.

    9. Johnny Mnemonic

    Oh Keanu Reeves. You have the acting ability of a plank with stagefright, yet somehow you’re a superstar. Mnemonic has precisely one redeeming feature: Dolph Lundgren as an insane, murderous street preacher. Other than that, it’s mostly bad acting, dated special effects, and hilarious predictions about the future. Reeves’ character is a courier who can hold an incredible amount of data in a special brain implant: 160GB! As in less than the limits of an SDXC card. The future! However, as mediocre and fake morality filled as the movie was, the original short story was dark and brilliant. Plus, it’s another mirrorshades Molly story, which is always needed.

    8th equal. Mission to Mars and Red Planet

    I can never remember which of these films is which. They both came out around in 2000, both concerned Mars, and both sucked balls. Both had pretty decent casts: Red Planet had Val Kilmer (who was excellent in Kiss Kiss, Bang Bang), Carrie-Anne Moss, and Tom Sizemore; Mission had Gary Sinise, Tim Robbins and Don Cheadle. Both involved terraforming Mars, and dealing with some form of native inhabitant. Both followed standard space movie disasters, leaving people stranded without communication. And both sucked balls. Thankfully, they were at least better than Ghosts of Mars, but that was by John Carpenter, so what can you expect?

    6. Rollerball (remake)

    I’m pretty sure LL Cool J has never been in a movie that isn’t complete and utter donkey balls. While Jean Reno ups the cool quotient in this remake of a classic dystopian action sci-fi, the rest of it is an utterly jumbled mess. Stupid action, bad acting, and a completely daft plot. However, things briefly get better when Rebecca Romijn takes her top off. Be sure not to confuse this with the almost identical, but even worse, made-for-TV movie Futuresport which starred Dean Cain. It’s a good thing this list only covers feature films, because Futuresport was Rollerball’s retarded little brother, which didn’t even have Romijn’s redeeming features. What is it about remakes that just attracts the suck?

    5. Armageddon

    Oh, Armageddon. Never before have so many shitty movie cliches and bad science combined into such a perfect storm of crappy movie. Seriously, the histrionic plot is bad enough, but the science of the film is so bad as to make any scientist within a 5 mile radius of a showing to spontaneously combust. They get every possible details wrong—how you would stop an asteroid; what would happen if you put explosives down a shaft in one; what would happen if you split it up; sound in space; gravity; hiring oildrillers for the thing in the first place. Throw in Ben Stiller pretending he can act and Bruce Willis giving a textbook definition of “phoning it in”, you get an utterly crap movie, of course directed by Michael Bay. Anyone with even half a brain went to see Deep Impact instead.

    4. Lost in Space

    Another example of crappy remake-itis, only this time it’s of the campy 60s TV show by the same name. Again and again on this list, one or two good actors will often be in these films, and you have to wonder how they got convinced to work with such a shitehouse script. In this case it’s William Hurt and Gary Oldman, both of whom are amazing actors in most of their works. Yet somehow they’re in this rubbish film. You’re also forced to suffer through Matt Le Blanc attempting a semi-serious role, and Lacey Chabert, who has a voice like Mini Mouse on helium. While the action and special effects were solid, the pacing, acting and characterization were so wooden that a plank would cringe. The plot was utterly cookie-cutter, with every point being telegraphed and announced well in advance, and when the main characters don’t see them coming, you come to the realization that the ship was actually staffed by a family of morons, and the planet Earth created a space program just to get rid of them.

    3. The Day The Earth Stood Still (remake)

    Hey, lets remake a classic science fiction film! And lets cast Keanu Reeves in the main role! That’s bound to be awesome! And lets completely forget that the first movie only survived due to Cold War paranoia and aggression, and instead make it about Climate Change! That’s hip, right? Kids are all about the environment! I suppose it’s kind of genius to cast Reeves as an alien. At least then his complete lack of emotion and acting ability can be blamed on him being an extra-terrestrial pretending to be one of us. They also removed the hint of uncertainty that was at the end of the original, and replaced it with heavy handed alien action in the remake. Instead of mankind being left to decide whether or not to mend its ways, we just all get EMPed back to the dark ages. Thanks Keanu!

    2. Batman And Robin

    Bat nipples. Bat ice-skates. Bat crotch-shots. Arnold as Mr. Freeze with ice puns. Alicia Silverstone. Uma Thurman camping it up. Batman and Robin was so bad that it almost completely destroyed the superhero genre of films. Every scene in this movie is a litany of suck. It’s so bad that George Clooney is rumored to be willing to give anyone their money back for going to see it, if you run into him in person. Even Gotham City itself is a mad hybrid of giant nude men and neon signs. The entire film was designed just to sell toys, with multiple vehicles, costume changes and gadgets. And who the hell though casting Alicia Silverstone in anything would be a good idea? Thank God Nolan came along, and erased this horrorshow from everyone’s minds.

    1 .Battlefield Earth

    Was there ever any doubt? Star vehicle, vanity film and Scientology wankfest. Mammothly overbudget, it was universally panned. The special effects; the acting; the script; the music; everything about the film was a pile of balls. Mean Magazine got hold of the script before the film came out, and changed its name and shopped it around the studios to see their reaction. It was rejected (often brutally) by everyone they sent it to. Yet someone thought it was good enough to make into a film. And that was John Travolta. Apparently he had been trying to make the film for decades, but was unable to put together a studio or crew. We would have all been better off if it had stayed that way. Utter drivel of the worst sort, Battlefield Earth deserves its reputation as one of the worst movies ever.


  • Ferrari releases first image of GT roller coaster from Ferrari World Abu Dhabi

    Ferrari World Abu Dhabi has released the first picture of a new roller coaster that races two sets of passengers against each other on parallel tracks. The roller coaster is a part of Ferrari World that is currently under construction on the Yas Island in Abu Dhabi.

    The roller coaster uses carriages of four seats to bring people around the rails in a cart that is designed like the Ferrari F430 Spider.

    The GT roller coaster will be one of the 20 attractions at the new theme park. It will open its doors in the second half of 2010.

    Ferrari GT Roller Coaster:

    – By: Kap Shah

    Source: WCF


  • No more WH Deportation Tours! Demo Saturday 27 March 2010

    from noborders, 15 March 2010: “Public demo at WH Tours offices, Kelvin Way, Manor Royal, Crawley Saturday, 27th March 2010. Meet at 11am @ Crawley train station. Bring banners and instruments.

    WH Tours is a coach company based in Crawley, near Gatwick airport. Part of the company’s business is leisure: coach excursions, sightseeing tours and so on. Another part, however, is much more sinister: the company provides coaches for transporting detained migrants facing deportation from immigration prisons to airports to be deported on commercial or specially charted flights…” more

  • Autoblog Podcast #170 – The Hooniverse Visits

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    Click above for the Autoblog Podcast in iTunes, RSS or listen now!

    Jeff Glucker and Tim Odell of Hooniverse.com join Chris, Sam and Dan for Episode #170 of the Autoblog Podcast. The first stop is the Autoblog Garage, and the Hoons have their own garage, awesomely occupied by much better hardware than ours.

    Items plucked from the news include the Ford Police Interceptor, 2011 Kia Optima, rumored Porsche Panamera convertible, 2012 Chevrolet Malibu, and the return of Lotus and Cosworth to Indy. Wade through that, and get rewarded with a few terrible answers to good questions.

    Autoblog Podcast #170: The Hooniverse Visits


    In the Autoblog Garage:
    Audi S5
    Nissan Maxima
    Jeep Grand Cherokee SRT8 (Hooniverse)
    Infiniti FX50S (Hooniverse)
    Hurst Camaro (Hooniverse)

    News:
    Ford Police Interceptor
    Kia Optima
    Porsche Panamera Convertible
    2012 Chevrolet Malibu
    Lotus and Cosworth back in Indycar

    Hosts:
    Chris Shunk, Dan Roth, Sam Abuelsamid

    Guests:
    Jeff Glucker, Tim Odell of Hooniverse.com

    Runtime: 1:12:23


    Get the podcast:
    [iTunes] Subscribe to the Autoblog Podcast in iTunes
    [RSS] Add the Joystiq Podcast feed to your RSS aggregator
    [MP3] Download the MP3 directly

    Feedback:

    Email: Podcast at Autoblog dot com
    Voicemail: 734-288-8POD (734-288-8763)

    Review the show in iTunes
    and take our survey

    Autoblog Podcast #170 – The Hooniverse Visits originally appeared on Autoblog on Tue, 16 Mar 2010 11:50:00 EST. Please see our terms for use of feeds.

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  • Financial Podcast Buys A Toxic Asset To See How It Works

    I’ve written in the past how wonderful NPR’s Planet Money podcast is. During the “dark days” of the financial crisis, it was one of the true beacons of light explaining in easy-to-understand detail what was happening, and exploring aspects of the story that the mainstream press glossed over completely. In the process, they broke some stories, highlighted some key aspects of the debate, and really brought a lot more people into the discussion about how we deal with the economic situation of the day. I still listen to every episode on the day it comes out, but in the last few months there really hasn’t been that much going on in the economy that needed a really thorough breakdown.

    Given that, it seems like the Planet Money crew has hit on a rather brilliant idea. Back when this whole thing started, of course, much of the focus was on the so-called “toxic assets,” the derivatives made up of slices of mortgages that had been packaged and repackaged together in creative ways — in theory to minimize the risk, but in reality, often putting all of the risk in one big basket made to look artificially safe. The focus on toxic assets has mostly fallen off the mainstream press radar, but the folks at Planet Money decided to check in on those toxic assets and dig into what a toxic asset really means. But they were having trouble getting their heads around what a toxic asset really is, how it functions and how to best explain it to their audience.

    So they bought a toxic asset.

    Literally, the four reporters on the team, along with their producer, each pooled about $200 of their own money, in order to buy $1,000 worth of toxic asset. They’ll be tracking whether or not they make their money back, and if they make anything on top of that as well (any profits will be donated to charity). The podcast itself is fascinating, as two of the reporters spend a couple days with a company called Mission Peak Capital, based out in Kansas, which has been analyzing and buying up toxic assets. They go through the whole process of analyzing and bidding on a few of these things until they find the one they wanted. Mission Peak bought the whole asset for $36,000, marked down from $2.7 million, and then sold a $1,000 sliver to the team at Planet Money.

    The Planet Money folks have set up a detailed interactive website that goes into great detail about what’s in the asset — probably a lot more detail than most previous owners of the asset knew about themselves — as well as how much they’ve made and how long they have until the asset runs out for them (as more of the houses whose mortgages are included in the asset get sold, they get closer and closer to being kicked out of getting any of the remaining revenue).

    The story itself is fascinating, but what really drew me to it is what a great example of modern reporting this is. This goes way beyond what we normally think of as reporting, and breaks down that mythical “impartial reporter” barrier in a very effective and useful way. Some people have suggested that the reason why journalism may be struggling these days is that people can go directly to sources themselves (or sources can broadcast themselves) without needing an intermediary to “write the story.” Of course, that doesn’t mean the role of a journalist goes away, but it changes drastically. In this case, the team at Planet Money has realized that in order to “report” on this story, they need to become the source themselves, and open that up wide to their audience. It’s a fascinating and incredibly effective modern form of journalism, and I can’t wait to see where they take it. They’re already planning to try to track down some of the mortgage holders whose mortgages are in the asset, as well as homeowners and former holders of the asset. Even if you’re not that interested in the details of a toxic asset, it’s hard not to find the whole thing incredibly compelling. It’s useful and educational interactive storytelling at its finest, which is what true journalism should be.

    Permalink | Comments | Email This Story





  • U.S. bound Fiat 500 will get upgraded platform

    The Fiat 500 will be available in North America with a 1.4L Multiair engine in the fourth quarter of 2010. According to a report by Inside Line, the U.S. bound Fiat 500 will ride on a new platform, which will also be used on the 2011 Lancia Ypsilon and the Fiat Panda.

    The new platform will benefit from improved crash protection, reduced noise, vibrations and harshness and a lighter body – meaning the U.S. version of the Fiat 500 will be slightly better than its European counterpart. Europeans will not be getting the updated platform due to the cost involved with switching the underpinnings.

    The new Fiat 500 will go into production in Mexico starting December 2010. The model will be sold mainly in metro markets at select Chrysler dealer. The sell the Fiat badge, Chrysler dealers will setup a dedicated location inside their dealerships.

    Fiat 500:

    2008 Fiat 500  2008 Fiat 500  2008 Fiat 500 2008 Fiat 500

    – By: Omar Rana

    Source: Inside Line


  • Mid-Day Market Recap: Stocks Up, Volume Light As Traders Await Fed Announcements

    Stocks are performing well today, with the Dow up 25 points to 10,667. Perhaps we should be asking ourselves if the we’ll hit Dow 11,000 2.0?

    The NASDAQ Composite is up 11 points to 2373 and the S&P 500 is up 5 points to 1155.

    Meanwhile, commodities are soaring on the weaker dollar with oil up 2.4% or $1.94 to $81.74 a barrel.

    Gold is up $19.60 or 1.7% to $1125 an ounce while silver is killing it, up 2% or $0.34 to $17.45 an ounce.

    Futures are green across the board with only nat gas and sugar falling downward.

    FUTURES NOON March 16th

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