Yes! Yes! Yes! Those sounds you heard moments ago are the horrified screams of your nearest AT&T towers. Why? Because iPhone OS 4.0 Beta 4 brings us a new option in the settings menu: Tethering. More »
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Newest iPhone 4.0 Beta Implies That AT&T Is Finally Ready For Tethering [IPhone]
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Emerson Electric CEO David Farr Stated Jobs in the United States Are Being Destroyed
Late last year, David Farr shot off his mouth and made a lot of people mad. But the insights that spring from his candid comments could make a lot of other people rich. Including you. With the inspired help of my colleague, David Gonigam, here’s the story…
Mr. Farr is the CEO of Emerson Electric. The firm makes electrical equipment, mostly for industrial customers. That said, its best-known product is likely in your kitchen sink – the InSinkErator garbage disposal.
In 2009, Emerson broke into the top one-fifth of the Fortune 500 – jumping nearly 20 positions, from 111 to 94. Impressive, considering what happened to the stock market and the economy in 2008. Not that Emerson was spared the pain. The company slashed its work force nearly 14% in 2009 – 20,000 jobs gone.
And Farr doesn’t see things getting much better in 2010 – owing largely to the decisions coming out of the nation’s capital. Which brings us to the things he said that made a lot of people mad.
The forum: The Baird Industrial Outlook Conference last November in Chicago. “Washington is doing everything in their manpower capability to destroy US manufacturers,” he said. “Cap and trade, medical reform, labor rules. What do they want to do? Raise taxes. They’re just going to destroy jobs.”
Result?
“Jobs are going to be created offshore. They’re going to be created in India and China, places where people want the products and where the government welcomes you. They actually do something.”
Step back for a moment and take that in. India was once larded down by decades of Nehru socialism. China’s economy was crushed by Mao’s madman schemes. But now a major American CEO says that these countries offer a friendlier environment for manufacturers than the United States.
“What do you think I am going to do? I’m not going to hire anybody in the United States. I’m moving. They are doing everything possible to destroy jobs.”
Farr’s remarks in Chicago set off a firestorm that raced 300 miles down Interstate 55 to St. Louis. Since Emerson’s founding in the 1890s, the firm has called the Gateway City home.
Outraged letters to the editor poured into the St. Louis Post-Dispatch. One labeled Farr and his fellow executives “unscrupulous parasites interested in nothing more than short-term profits.” Another addressed Farr directly: “How dare you try to blame Washington for your greed.”
Farr responded on the paper’s Op-Ed page a couple of weeks later. Clearly, the public relations people had gotten to him in the interim. His Chicago remarks were passionate and spontaneous. The column read as if vetted by a conference room full of PR pros…and maybe a couple of lawyers.
“We are a nation of varied beliefs and perspectives,” the committee – er, Farr – wrote, “and there is room for honest disagreement on all of these issues. But none of us wants to see our country weakened to the point where it is no longer the global economic leader.
“Greater government debt and diminished competitiveness mean global investment and good jobs will go elsewhere,” Farr continued, “and America will risk slipping into second-tier economic status. That’s not the legacy any of us want to leave future generations.”
He might have mentioned that the United States has the second-highest corporate tax rate, after Japan. The mushy article concluded with the truly bold declaration, “Action is needed now.” That’s OK, Dave. We know your true feelings. Atlas isn’t shrugging. But he is outsourcing and moving offshore.
Farr isn’t just ranting against the Obama administration. He knows emerging markets firsthand. He ran Emerson’s Asia-Pacific division in the 1990s. And Emerson has been steadily moving jobs overseas for years. That’s where the growth is. First came the new factory jobs. Then came the new white-collar jobs – engineers and product designers. “If half of your sales go outside of the United States, you’re going to have half of your engineering outside of the United States, too,” Farr told Forbes back in 2004. That was at a time when manufacturing output in emerging markets was growing 8% a year…and just 3% in the United States. And that was supposed to be a healthy post-recession figure.
Another factor in Farr’s reasoning is something we highlighted last month. Don’t forget about all those foreign-born engineering students at US universities who are choosing to return home.
This could be one reason that 54% of US executives surveyed by the search firm Korn/Ferry say they’d be willing to accept a post overseas. That compares with just 37% four years ago. Already, 24% of the freshly minted MBAs from MIT have accepted overseas posts. A year earlier? Just 19%.
Already by 2009, emerging markets accounted for one-third of Emerson’s revenue. (That’s up from just 14% when Farr became CEO, in 2000.) Foreign markets as a whole account for more than half of sales.
That puts Emerson in pretty good company. Nearly one out of every five S&P 500 companies now generates a majority of its sales overseas. (Coca-Cola is perhaps the iconic example: 74% of its revenue comes from outside the States.)
Those stand to be among the best performers among the blue chips in the years ahead. They’re exposed to healthier business environments overseas. And they’ll be insulated from the shock of a weakening dollar.
But Emerson (for example) has already had a good run over the last year.
Besides, if it’s overseas exposure you’re after, why not go for the real thing?
David Farr and other American CEOs find emerging markets a friendlier place to do business. And if American blue chips get a good reception, imagine how well the homegrown companies are treated. That’s the idea behind a fairly new exchange-traded fund (ETF) with a mouthful of a name: The Dow Jones Emerging Markets Composite Titans Index Fund (NYSEARCA:EEG).
We prefer to think of it as the emerging markets “fund of tens.” That is, it aims to buy the 10 top-ranked stocks in each of 10 sector indexes Dow Jones has developed for emerging markets economies. The sectors are the usual suspects – energy, financials, basic materials, telecom and so on.
So the fund is never spread among more than 100 stocks. Not a bad way to hedge your bets if this is your first time getting into emerging markets investing. (And from the e-mail we get, we know you’re skittish about this.)
The practical result of this mix is that right now the fund is about 25% China and 25% Brazil – two emerging markets on a tear. The other BRIC countries, India and Russia, make up another 25%. South Africa, Mexico and other countries make up the remaining quarter. You even get a little exposure to former Soviet bloc countries like Poland, Hungary and the Czech Republic.
The top three holdings account for a little over 15% of the total:
- Industrial and Commercial Bank of China Ltd.
- Gazprom, the Russian natural gas giant
- Petrobras, the Brazilian oil giant.
The fund is fairly new, launching last July. For its first year, it’s keeping expenses limited to a guaranteed 0.75%. Investing by sector, as EEG does, will give you the emerging markets exposure you’re looking for, without too much exposure to any one country.
Addison Wiggin
for The Daily Reckoning AustraliaSimilar Posts:
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Specter-Sestak Race Still Too Close to Call, Toomey Wins GOP Nomination
The Democratic primary for the Pennsylvania Senate seat remains tight now, while former Club for Growth President Pat Toomey (R) easily won his own contest.
Sen. Arlen Specter and Rep. Joe Sestak were tied at 50 percent in the Democratic Senate primary as of 9:50 p.m, with 37 percent reporting. The Associated Press and other outlets called the Republican primary for Toomey, who led activist and perennial candidate Peg Luksik 79-21 percent. Meanwhile, Democrat Mark Critz led Republican Tim Burns 58-40 percent in the special election to replace the late Rep. John Murtha (D), with just around 20 percent reporting.
Specter’s race against Sestak had become tougher in recent weeks as polls began to show the two tied or trading small leads. The last poll to be released, from Qunnipiac University, showed Sestak leading Specter by one point. Specter had been a Republican for 44 years before rejoining the Democrats in late April 2009. He was previously a registered Democrat from 1951 through 1965.
Burns hoped to make the special election in Pennsylvania’s 12th house district a referendum on Obama and House Speaker Nancy Pelosi’s leadership, while Critz distanced himself from the national party to a degree, labeling himself an “independent thinker.”
Updated at 9:50 p.m. on May 18.
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At Least Arizonans Don’t Commit “Burka Rage” Attacks
by Julian Ku
I guess this is why they need a ban on the burka in France. Stories like this make France seem decidedly more unpleasant for certain Muslims than Arizona is for illegal immigrants:
France had its first case of “burka rage” at the weekend when a shopper allegedly tried to pull the veil from the face of a Muslim woman and the resulting scuffle turned violent.
The Muslim woman, named only as Élodie, told reporters that she had been leaving a shoe store in Trignac, near St Nazaire, when two passers-by, apparently mother and daughter, made derogatory remarks before telling her: “Go back to your own country.”
The mother, a lawyer, allegedly tried to tear off the niqab worn by Élodie — at which point the two began trading slaps before being separated by shop assistants, Élodie said.
“Things got nasty,” she added. “The older woman grabbed my veil to the point of ripping it off.”
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Google’s Schmidt Says It Will Fight Hard For AdMob Acquisition
It’s been more than six months since Google (NSDQ: GOOG) agreed to pay $750 million for AdMob and the company is still waiting for government approval.
Many sources have said the FTC is considering blocking the deal between Google, the dominant online advertising company, and AdMob the largest mobile ad network. In an interview with Reuters today, Google’s CEO Eric Schmidt said they are prepared to fight “very hard” if regulators stop the deal. Additionally, he believes it should be approved in order for Apple (NSDQ: AAPL) to have more competitors.
A decision has been expected at any moment for the past couple of weeks, but Schmidt opened up the possibility to it taking longer by saying he anticipated a decision over the next few weeks.
To be sure, Google has faced significant delays. After Google announced its acquisition, Apple announced it was buying Quattro Wireless, and has since been able to integrate the company and relaunch its services as a mobile ad network called iAd.
Schmidt said the waiting period has translated to a “significant disadvantage” for AdMob in competing against Apple and other rivals. “It would be better if the AdMob acquisition can be approved to see if Google can get a more competitive market on the iPhone platform.”
If the FTC denies the acquisition, the two companies could be in limbo for many more months as its tied up in litigation. Schmidt said: “We’re likely to fight very hard…It’s a very strategic acquisition for Google.” Google’s incentive may also come in the form of cash. One report pegged Google’s kill fee at $700 million if the deal were to fall apart for any reason.
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German Political And Financial Leaders Have Taken Incompetence To A New Level

Today was dominated by the news that Germany planned to institute an emergency naked short-selling ban, a move that sent the euro and the stock market into a tailspin.
Of course, this is not the first time German leaders have deserved finger-pointing.
It was the fault of Angela Merkel that the Greece crisis was allowed to metastasize, feeding on her no-bailout bluff.
The sharpest take comes from BTIG’s Mike O’Rourke, who sees political incompetence being taken to an art:
Over the past several months, (Finance Minister Wolfgang) Schaeuble has demonstrated an uncanny ability to send both the Euro and the Equity markets swooning. Evidently, Schaeuble is not fond of those Sunday night announcements that were commonplace here in the U.S. in the fall of 2008. You know, the ones designed to be made while all markets were still closed so investors had the opportunity to digest the news. To top it all off, nearly 3 hours after spooking the markets and sending the Euro to a new 4 year low, Schaeuble try to reassure markets that the Euro is a “stable” currency. All in a day’s work.
Whether one agrees or disagrees with the methods of Paulson, Bernanke and Geithner in late 2008, most would likely agree that they were well intentioned. When it comes to Merkel and Schauble of Germany and their perpetual fumbling through this crisis, it is hard to say the same. But there has been a lone beneficiary to their continued foibles, German exporters. Interestingly, last night we noted the biggest beneficiary of the weakened Euro is Germany, but in the same respect, they would be the biggest loser if the Euro were to be dissolved, which is why Sarkozy’s threat to pull out of the Euro (if true) would have been so impactful.
If you’re bearish on Europe, perhaps there’s a bigger opportunity than merely shorting the euro (like everyone else is).
From our perspective the fact that markets are placing so much faith in German bunds is misguided. The leadership there is either inept or malicious, and neither is good in the long run for Germany. Those bunds may be a better short than Euro. Wait – you can’t do that anymore.
Burn!
Join the conversation about this story »
See Also:
- Does This Woman Have Any Idea What She’s Doing?
- The 10 German Banks That Angela Merkel Thinks Need Special Protection From Speculators
- Dow Off Triple Digits, As German Short-Selling Restrictions Officially Go Into Effect Until 3/31/2011
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Evening Crunch Crumbs
Goodnight All. Don’t forget to add PopCrunch on Facebook!
-Check out the new video from Improv Everywhere, the popular NYC comedy group whose YouTube videos have garnered over 107 million views. In the video, the comics recreate an infamous scene from the 1984 hit Ghostbusters inside The New York Public Library…
-Speaking of Facebook, founder Mark Zuckerberg thinks you’re all a bunch of “dumb fucks….”
-A sneak peek at Rihanna’s “Rockstar 101″ video….
-One very determined man enlisted the help of a flash mob in proposing to his sweetheart in NYC’s Washington Square Park last week….
–Glee creator Ryan Murphy says Lea Michele is no diva….
-Lots of Facebook News Today: Man creates Facebook group to find mystery girl. Keir Moffatt of England was on a train when he saw a girl with a blue headband. After missing her, he set up a Facebook page to try to find her…
-NeNe’s got a new nose….
-Uma Thurman’s New York townhouse is on the market for a mere $14.2 million….
-Jay-Z vs. Beyonce at this year’s BET Awards…
-Lindsay Lohan “did not have sexual relations with that cougar….”
-Dumb Ho of the Day: This chick is suing her cell phone provider for inadvertently revealing her affair. Gabriella Nagy, 35, is seeking $580,000 from Rogers Wireless for invasion of privacy and breach of contract. The husband became suspicious when he noticed a number frequently called on the bill and, after dialing it, was told by a man who answered that he recently had a three-week affair with Gabriella…
-Kristen Wiig’s 5 Greatest SNL characters. Here’s a video of the MacGruber star on TODAY…
-Amanda Seyfried on The Early Show…
-Victoria’s Secret Angel Miranda Kerr suggests GQ send an autographed copy of her latest feature in the mag to the Australian guy who was busted on live TV oogling steamy photos of her in the mag a few months back….
-A Malawian couple has been sentenced to 14 years behind bars for being gay…
–Terminator star Linda Hamilton lands guest arc on the Showtime hit Weeds….
-Job-hunting tips for the Class of 2010….
-A wanted woman in silver SUV dropped into the drive-thru of her local Taco Bell for a few burritos — and left with two grand…..
-Forget the guide books and the maps, the ideal way to discover a new city is Rent-A-Friend….
–Degree is offering one lucky woman the chance to go on tour with Lilith Fair 2010 as a concert correspondent…
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App Deals: Get Glu Mobile’s Transformers GS: Awakening for $0.99

Another day, another opportunity to score a hot 3D gaming title for a bargain. This time around Glu Mobile’s Transformers G1: Awakening can be had for 99 cents, or a full $6 off of the normal asking price. Are you bad enough to defeat the Decepticons?
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Peking Duck in 1949 and Chinese Returning to China
Last night, we went to a marvelous restaurant – 1949.
The restaurant is in a complex in the middle of the business district. At relatively little expense, the owners have created a stylish oasis – one that they can knock down in a few years in order to build a high- rise on the precious property.
Dear Readers will recall that Peking duck is on our short list of the world’s greatest, almost divine, inventions. Here, at 1949, we had Peking duck in Peking. And it was the best ever.
The Chinese have been the source of many innovations – from pasta to gunpowder. But Peking duck is their finest contribution to human life.
*** “Talents heed the call of home,” says China Daily.
For many years, some of the brightest and best of young Chinese left the country. They considered the opportunities for education, entrepreneurship, and career advancement better overseas. Often, they went to the finest universities in Britain, Canada and America. Then, they took top jobs at multi-national companies, research institutes…and in academia.
But now they’re coming home, says the paper.
We met a number of these people yesterday. US-educated…sometimes US-raised…the overseas Chinese are now finding more opportunities back in China.
Why?
Because there is more money in China. Growth rates are higher. And new businesses find capital more easily.
In short, China is booming. And booms bring prodigal sons back home.
“I studied law in America…”
“I went to university in Montreal, Canada…”
“I used to work for Baker Mckenzie…”
“I grew up in Tennessee…”
It seemed like everyone we met had ties to the US or Canada. But now they’re doing business in China, not in North America…
Boom, Baby, Boom!
Regards,
Bill Bonner
for The Daily Reckoning AustraliaSimilar Posts:
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Here’s What’s New In iPhone OS 4.0 Beta 4 [IPhone]
Oh yes! iPhone OS 4.0 Beta 4 is out and we’re tearing it apart to find out what’s new so that you don’t have to risk your iPhones. Here’s what we’ve discovered so far. Updated. More »
IPhone – IphoneOs – smartphone – Handhelds – Apple -
High Court, Bothered By Low Standards, Reverses Lower Court Ruling That Had Cleared Bysiewicz To Run For AG
The state Supreme Court on Tuesday unanimously reversed a lower court ruling that would have allowed Secretary of the State Susan Bysiewicz to run for attorney general.
The ruling shockingly ends one of the most unusual chapters in Connecticut’s political history. Bysiewicz had been one of the leading candidates for the Democratic gubernatorial nomination until January, when Attorney General Richard Blumenthal’s decision to run for the U.S. Senate prompted her to run for the office that he was vacating.
Bysiewicz, who was not at the Tuesday afternoon proceeding in the ornate Supreme Court building opposite the state Capitol, issued a statement within an hour of the 4:30 p.m. ruling: “I am tremendously disappointed with the court’s decision overturning Judge [Michael] Sheldon’s ruling and I strongly disagree with the decision both on the eligibility and the constitutionality issue. However, I do respect the rule of law and will abide by it.”
Bysiewicz, the state’s top official in charge of running elections and registering corporations, was not available to clarify the statement or elaborate on any plans that she has — but it apparently means that she will withdraw as a candidate for the party’s nomination as attorney general at Saturday’s Democratic state nominating convention in Hartford. She had been considered by many to be a favorite to win delegates’ support as the party-endorsed candidate.
Now the strong favorite to win the convention endorsement is former state Senate Majority Leader George Jepsen of Ridgefield. He had been expected to win enough delegate support to force an Aug. 10 primary against Bysiewicz.
Democratic Party officials said they expect that Bysiewicz will withdraw from consideration at the weekend’s convention. “Based on her statement that she will abide by the Supreme Court’s ruling today, we anticipate that her name will not be placed in nomination for attorney general,” said Kevin Reynolds, the party’s attorney.
But the question remained Tuesday night as to whether Bysiewicz would go back and try to run for her present office at the convention at this late date.
“She certainly could if she chooses to, but we haven’t heard from her on that,” Reynolds said.
As of now, the three contenders for the Democratic nomination for secretary of the state are state House Majority Leader Denise Merrill of Mansfield, state Sen. Jonathan Harris of West Hartford and Gerald Garcia of New Haven.
As soon as Bysiewicz launched her bid for attorney general in January, questions arose over whether she met the requirements of a state statute that says a person must have engaged in the “active practice” of law for 10 years in the state before holding the office. The statute does not define what “active practice” means — and Bysiewicz sued her own office and the state Democratic Party in Superior Court in search of a judge’s ruling to clarify the question. Sheldon ruled earlier this month that she was eligible — a decision overturned Tuesday, 7-0, on appeal from the state Republican Party.
The Supreme Court ruling apparently cannot be appealed to a higher jurisdiction, lawyers said afterward. One of Bysiewicz’s lawyers, Daniel Krisch, said he believed that the only legal avenue open would be to file a motion for reconsideration by the high court — but, because the court ruled unanimously against her, success would be highly unlikely.
Eliot Gersten, the Hartford lawyer who successfully argued the case for the state GOP, said he believed that, theoretically, Bysiewicz could still run for attorney general but, if she won, “the court would find … that she couldn’t serve.”
The Supreme Court justices were clearly troubled by the minimal standards set by Sheldon in his ruling that Bysiewicz, who has rarely set foot in a courtroom and never argued a case, met the statutory eligibility requirement.
Justice Richard N. Palmer asked Krisch some pointed questions during the 78-minute hearing. Apparently responding to Bysiewicz’s claims that her telephone advice to constituents and local officials constituted the practice of law, Palmer set up a hypothetical situation in which a radio talk-show host, who happened to be a lawyer, told his listeners that they shouldn’t talk to a police officer without an attorney present.
Palmer asked Krisch: Would that talk-show host be practicing law if he gave that advice to his radio audience?
Krisch said yes.
Then, another judge reversed the hypothetical with a follow-up question. Appellate Court Judge Thomas A. Bishop — pinch-hitting for Chief Justice Chase T. Rogers, who was out of the country — asked Krisch: If that same radio host were not a lawyer and gave his listeners the same advice, would he then be practicing law without a license?
Yes, Krisch said.
It is highly unusual — but not unheard-of — for the Supreme Court to issue its ruling the same day as its hearing. But Justice Flemming L. Norcott Jr., who presided Tuesday in Rogers’ absence, said that time was of the essence with the the convention coming up Friday and Saturday. At the close of arguments, the seven justices withdrew behind closed doors for 67 minutes while scores of interested parties and observers milled around and filled the space beneath the 35-foot-high muraled ceiling with vociferous speculation.
The din turned to a hush as Norcott announced the decision: Sheldon had “improperly determined” that Bysiewicz was eligible to serve as attorney general, and the “judgment is reversed,” Norcott said.
A written decision will follow, he added, but he did not say when.
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Flagra: Fiat Siena Sporting

O modelo já tinha sido flagrado outra vez, pra ser mais exato no mês de setembro. Depois disso a Fiat começou a andar com o modelo mais de “baixo do pano”.
O novo Siena Sporting foi flagrado com disfarce de “zebra”, mas dando para ver bem como será o desenho do novo modelo.
Segundo fontes, o modelo terá para-choques e spoilers mais baixos para dar um ar de esportividade.
Além disso, o modelo deverá ser equipado com um motor de 1.8 litros E.torQ de 16 válvulas, talvez venha mais alguns motores, mas só esse foi revelado até agora.
Fonte: Autos Segredos
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Suddenly, Everyone’s In the CRASH Camp, Not Just The Bear Camp
Here a Swan, there a Swan, everywhere a Black Swan…
Newsletter writers, hedge fund managers, journalists, bloggers, technicians, fundamental analysts, economists and strategists are joining the crash camp left and right. Not the bear camp…the crash camp.
I’ve been running around Manhattan all day taking care of business, meeting clients etc. After scanning today’s articles and blog posts, I can honestly say that I’ve never heard more chatter about an imminent market crash, all at once, in my life. It’s like the May 6th Flash Crash got everyone in the mood to talk cataclysm all of a sudden.
I’m not one of those guys who takes everything as a contrarian signal. I abhor knee-jerk contrarianism. Samuel Lord once said “Do not choose to be wrong for the sake of being different,” and I think that’s kind of apropos here.
As avowed contrarian Dougie Kass likes to remind us, the crowd usually outsmarts the remnant when herd mentality takes over. So what is the herd hearing/ seeing?
* First of all, the macro guys are disturbed by the Euro Zone’s crisis and its ripple effect/ contagion risk. This isn’t new but it is more pervasive. And the possibility of a China collapse scares the hell out of almost everyone.
* The technicians and Dow Theorists are grossed out and have dusted off all the 1937 charts again. Specifically, they are looking at the highly distinct pattern of a big drop (May 6th) followed by a failed rally (euro bailout day’s 4% gap open) followed by another fast sell-off. Richard Russell‘s latest missive, in which he tells us that we won’t recognize America by year’s end, will make you want to kill yourself.
* Equity analysts are all pointing to year-over-year comps which will start getting harder now. They may feel OK about the “E” but they’re shaky about the “P” – will the tax hikes and regulatory headwinds we now face really allow for a high-teens multiple on whatever the earnings turn out to be?
* Bond guys are freaking out about sovereign stuff, obviously. We’ve transferred corporate risks onto government balance sheets with bailouts, the Piper still awaits his payment in many cases.
* Eddie Elfenbein posted the results of a CNBC poll yesterday in which 40% of respondents predicted a 50% haircut for the Dow. Seriously, almost half the respondents predicted Dow 5000 by the end of this year.
* The hedgies are vocally bearish again as well. Seth Klarman‘s got some cautious commentary out today and Jeremy Grantham‘s “sell everything” stuff is being quoted everywhere. Raoul Pal put out a newsletter this week with a 2 day-to-2 week crash prediction.
We’re not talking garden variety bearishness here. We’re talking about ubiquitous crash predictions. My comment is that I’ve never seen so much certainty in so many places of a coming crash. Will it be self-fulfilling or are we talking major contrarian signal?
Worth noting no matter what.
This guest post previously appeared at the author’s blog, The Reformed Broker >
Join the conversation about this story »
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Military spends $4.5 million on what appear to be helmet-mounted Virtual Boys

I think it must be hard to feel like a one-man army when you’re wearing such a dorky piece of headwear. The new COMBATREDI (yes, it’s all caps; no, it’s not an acronym) training system pairs a helmet-mounted VR visor with a backpack processing unit to create a rich and immersive “virtual battle space.” Sure, just like a Virtual Boy!Although they claim realistic graphics and “endless” maneuvering, I’d be concerned about how realistic the movement actually is. I found the gun-shaped projector from Microvision to be pretty engrossing, but I wonder if their little stereo setup (powered by a Core2 Duo and 2GB of DDR2) is as instantaneously responsive? The military thinks so; they’ve sunk quite a chunk of change into the project. You’d think for this many million dollars, they’d get more than 2GB of RAM.
Well, at any rate, it’s better than Halo. If this thing looks interesting, there’s more info over at Danger Room.
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BlackBerry Pearl 3G Shows Up Online at Virgin Mobile Canada and Rogers
Only a month after Rogers and TELUS announce the fact that the BlackBerry Pearl 3G will be “Coming Soon” another company jumps into the spotlight, by surprise, to show it’s arrival before anyone else! Virgin Mobile Canada posted their product before anyone else. There are no details about precisely when it is going to be released, however it does at least show it as an available product on their website with Coming Soon evidently displayed.This new device is looking great being laden with all the latest and greatest. Wi-Fi, optical trackpad navigation, 3.2 MP camera, and a SureType keyboard are just the beginning. Even though I’m personally a fan of the full QWERTY devices, I be lying if I said this didn’t sound like an excellent device.
As of this moment, Virgin Mobile Canada is selling the phone for $349.99 without a contract, or $49.99 on a 3 year contract. The funniest thing about looking at their product page is when you click buy now, it actually said “Sorry, this phone has been flying off the shelves and we’re out of stock. Please make another selection.” Not exactly what I was expecting, but it was definitely good for a laugh. Don’t rush though, because although it’s making pearl lovers more anxious, it’s still not there yet!
Later, but only by about 6 hours, Best Buy’s product pages displayed Rogers even sexier looking Pearl 3G. With a gradient style blended black and red, the Rogers phone, for a fair amount extra, will stand out even more when it’s beside the Virgin Mobile Canada colour sceme.Weighing in at $79.99 on a 3 year contract or $449.99 with no contract, it does add up to be a substantial percent more than Virgin. Don’t hesitate to check it out on the website either, but to no surprise, Rogers is also “Out Of Stock” at this time!
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BlackBerry Pearl 3G Shows Up Online at Virgin Mobile Canada and Rogers
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Video: Togetherville Tries to Make a Safe Social Network for Kids
Togetherville, a new social network created for parents and kids, launched its public beta this evening. A tough challenge lays ahead for the startup as it tries to balance creating a safe environment for kids, building trust for parents, and — oh yeah — making it fun so that people will actually want to use it.
Mandeep S. Dhillon, Togetherville CEO, gave us a video demo of how his service works and talked about:
- How the company will use virtual currency to monetize
- Leveraging parents’ existing Facebook social graph
- The precautions the company is taking to be COPPA-compliant
- Using real-world — not anonymous — identities for children
Togetherville has been in the works for three years and received an undisclosed amount of funding from Floodgate.
For more on the social network landscape, read Liz’s in-depth piece There’s No Stopping Facebook over at our subscription research service, GigaOM Pro.

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HP, to Get Greener Data Centers, Thinks Brown
Give Hewlett-Packard 10,000 cows, and the computer company will give you the means to power a data center. HP today presented research from its HP Labs division showing how a data center can power its servers using the gas produced by cow poop, and dairy farmers, in turn, can take advantage of all the hot air data centers generate to make steam that will help power their farms.
HP’s paper, presented at the ASME International Conference on Energy Sustainability in Phoenix, outlines how this natural gas exchange works. We’ll start with the 10,000 cows. The average dairy cow produces about 120 pounds of manure per day, which can generate 3.0 kWh of electrical energy — or enough to power television usage in three U.S. households.
The waste simply needs to be processed at a plant using anaerobic digestion. HP’s researchers estimate that the resulting methane could power a 5,000-square-foot data center, with some left over to power the dairy farm. This keeps poop out of the waterways and methane out of the air. HP optimistically estimates that farmers would not only break even with such an approach, they’d profit. From the release:
HP researchers estimate that dairy farmers would break even in costs within the first two years of using a system like this and then earn roughly $2 million annually in revenue from selling waste-derived power to data center customers.
Animal waste is used for cooking in other parts of the world, and companies have generally used their waste heat from data center operations to heat their water and offices through onsite cogeneration plants. Yahoo has also turned to farms for inspiration on reducing power consumption — it modeled a data center design off of a chicken coop to reduce the need for air conditioning. So as far-fetched an idea as it may seem, it’s not a total load of crap.
Related GigaOM Pro Content (sub req’d): Green Data Center Design Strategies

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Original "Balloon Boy" Balloon Returned to Hoax-Creating Family [Balloons]
Remember Balloon Boy and his fame-seeking, hoax-creating family? Turns out that despite the criminal charges, fines, and humiliation, their story has a happy ending: They’re getting their balloon back. More »
Balloon boy hoax – Balloons – Colorado – Crafts – Arts -
Spy Shots: Enough already with the 2011 BMW M5
Filed under: Spy Photos, Sedan, Performance, BMW, Luxury
2011 BMW M5 – Click above for high-res image galleryAnother month, another round of 2011 BMW M5 spy shots. It never fails. But this latest smattering of pics shows off even more of the Bavarian luxo-bomber’s exterior, including its shapely, M3-inspired fascia, bulging hood and camo-covered (and trademarked) fender vents aft of the front wheels.
Naturally, the rest is comprised of standard 5 Series bits, but those massive, drilled rotors and 10-spoke BBS wheels speak to the heart of the matter. And speaking of the heart – if you weren’t already aware – expect the all-new M5 to be packing upwards of 560 horsepower and 530 pound-feet of torque from its twin-turbocharged 4.4-liter V8. With the recent onslaught of photos, the next M5 is right around the bend, and we should get our first glimpse within the next few months.
Gallery: Spy Shots: 2011 BMW M5
Spy Shots: Enough already with the 2011 BMW M5 originally appeared on Autoblog on Tue, 18 May 2010 20:00:00 EST. Please see our terms for use of feeds.
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GravoplyTM Laser: an all-in-one solution for your laser and rotary engravings
GravoplyTM Laser is the new range of materials for interior signage applications available from Gravograph. Suitable for use on both laser machines and rotary engraving machines, GravoplyTM Laser is the most extensive material range on the market, with 78 product items. It is also a low-cost solution, as Gravograph lets all its customers benefit from economies of scale generated on the materials consumed by a worldwide installed base of more than 100,000 machines. In just a few months the Gravoply™ Laser range has become a new standard in Gravograph products.
GravoplyTM Laser stands out through its broad range and its versatility: this new material is intended for laser applications, whether marking or cutting, and also for rotary milling applications. It allows very precise details to be engraved. Six core colours are available (black, white, red, blue, yellow and gold) with 25 cap (surface) colours, in two thicknesses (0.8 and 1.3 mm) and 3 finishes (matt, brushed and gloss), with or without adhesive, making this the most extensive range on the market. GravoplyTM Laser can meet all your needs for signage, badges, labels, identification plates and other applications. Its versatility allows customers to optimize their orders and above all their stock. The variety of options available can also enable customers to diversify their products and services, increasing their revenue.
Gravograph provides a number of services, including small or medium-volume runs of custom sizes to order, for example for badges, tokens or identification plates, which the customer can then just engrave. Specific non-catalogue colour combinations can also be produced to order. All the materials in the range are available from stock to ensure the shortest lead times. Many orders are dispatched in just a few hours, and more than 1000 shipments of materials are made each month.









