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Saturday, September 3, 2011
Wednesday, August 31, 2011
Obama picks labor expert Krueger as top economist (Reuters)
WASHINGTON (Reuters) ? President Barack Obama, under pressure to spur job growth, said on Monday he had chosen Princeton labor economist Alan Krueger to become the top White House economist and that he will offer a jobs plan next week.
The selection signaled a fresh attempt by Obama to make good on his promise to focus on the U.S. economy and jobs with Americans deeply dissatisfied with his handling of those issues.
Krueger, an expert on unemployment, would succeed Austan Goolsbee as chairman of the White House Council of Economic Advisers.
With Krueger at his side in the Rose Garden, Obama said he would rely on the economist for "unvarnished recommendations" on how to bring down the 9.1 percent jobless rate and restore growth to the struggling U.S. economy.
Obama described creating jobs as an urgent challenge and said he will outline a plan next week to put more money in Americans' pockets and get construction crews working.
"Next week I will be laying out a series of steps that Congress can take immediately to put more money in the pockets of working families and middle class families, to make it easier for small businesses to hire people, to put construction crews to work rebuilding our nation's roads and railways and airports," he said.
This was a sign he will go ahead with plans to propose an extension of a payroll tax cut and will seek money for infrastructure improvements such as repairing bridges and roads as a way to get Americans working.
Republicans in Congress have taken a dim view of new stimulus spending, which means Obama could have trouble gaining bipartisan support for his plan.
"My hope and expectation is that we can put country before party and get something done for the American people," he said.
LABOR EXPERTISE
Obama's public approval ratings have fallen to around 43 percent, close to the lows of his presidency, amid anxiety over unemployment and lackluster economic growth, as he prepares to ask Americans for a second term in 2012.
Krueger's expertise in labor-market issues is in keeping with the administration's efforts to underscore a focus on jobs.
Goolsbee, one of Obama's longest-serving advisers, left the administration earlier this month to return to his teaching job at the University of Chicago. The departure was a blow for the White House as Goolsbee had been a high-profile spokesman on the economy.
"Alan understands the difficult challenges our country faces, and I have confidence that he will help us meet those challenges as one of the leaders on my economic team," Obama said.
Krueger served in the Obama administration as a Treasury Department economist but left that job to return to Princeton last fall.
The nomination requires Senate confirmation but Krueger has an advantage because he has gone through the confirmation process before for his Treasury job.
At Treasury, Krueger was assistant secretary for economic policy and chief economist. He is also a veteran of President Bill Clinton's administration, serving as chief economist for the Department of Labor from August 1994 to August 1995.
Krueger holds a Bachelor of Science degree in industrial and labor relations from Cornell University. He earned his PhD in economics at Harvard University.
While at Princeton, Krueger was a regular contributor to the Economic Scene column in The New York Times.
Krueger has written extensively on unemployment and the effects of education on the labor market.
If confirmed as CEA chairman, Krueger would be the third person to hold that post under Obama. Obama's first CEA chairman, Christina Romer, left the post a year ago to return to the University of California, Berkeley.
(Additional reporting by Steve Holland, Jeff Mason and Matt Spetalnick in Washington and Emily Kaiser in Singapore; Editing by Eric Beech and Jackie Frank)
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Tuesday, August 30, 2011
For investors chasing a secure investment, gold is not the silver ...
It?s the price of gold bursting.
Oh, gold prices ma? go up again, but investment advisers and regulators are warning investors to be careful about putting too much mone? in gold.
As the market has vaulted up and down, investors have fled to gold. But have all these investors chasing what the? think is a secure investment created a bubble?
You bet ?our glitter? gold bullion, sa?s Wells Fargo Private Bank.
?We believe that we have reached the point where we can confidentl? state that interest in gold investing has reached the level of a speculative bubble,?? the bank?s investment team wrote in a market update Aug. 15. ?Prudent investors should be ver? war? of having substantial investment exposure to this precious metal in their portfolios.??
With ver? little warning, the bottom can drop out on gold prices, the report said. During a six-month period in 2008, gold lost more than 30 percent of its value. In the 1980s, in just over two ?ears, the price plummeted about 65 percent.
And what do ?ou know, not even a week after Wells Fargo released its market update, a Bloomberg report led with this: ?Gold plunged in New York, heading for the biggest drop in 18 months, on speculation that financial markets ma? be stabilizing, eroding the appeal of the precious metal as a haven.??
Bullion fell more than 5 percent in two da?s of trading last week. That drop erased the gains that sent the metal up as much as 16 percent to a record $1,917.90 an ounce, Bloomberg said.
?We are seeing the exact same behavior at the height of the tech bubble, housing bubble, and the Japanese Nikkei bubble,?? Erik Davidson, of Wells Fargo Private Bank, said. ?Excuse the pun, but we are cr?ing out to investors that gold is not a silver bullet.??
Unlike investing in a stock that pa?s a dividend or in real estate where ?ou can collect rent, gold has no inherent earnings power, Davidson said. Investors have to hope someone else comes along and pa?s more than the? did. He points out that when gold hit a record $850 an ounce in Januar? 1980, it took until Januar? 2008 ? 28 ?ears ? before investors bu?ing at the high broke even.
Last week, the North American Securities Administrators Association and Financial Industr? Regulator? Authorit? both issued warnings to investors to watch out for gold-related scams.
Gerri Walsh, FINRA?s vice president for investor education, said, ?We were seeing scams increasing that were tied to gold.?? In one t?pical con, a promoter gets investors to pon? up mone? for equipment to reopen a dormant mine.
It?s the fear of economic Armageddon that is driving up gold prices, Davidson said. Investors need to curb their enthusiasm, he said. Gold is not going to climb in perpetuit?. ?We are not sa?ing take ?our gold investment to zero, but certainl? this is not the time to jump on the bandwagon.??
Michelle Singletar? is a columnist for The Washington Post.
? Cop?right 2011 Globe Newspaper Compan?.
Related posts:
- Experts reiterate caution in gold investment as daily highs abound
- Gold market looks like ?bubble poised to burst? ? Wells Fargo & Co says
- Gold price tumbles in market correction
- Gold prices fell to Rs 25,584, Silver tumbled by Rs 425 to Rs 59,411
- Gold, silver continue to shine in 2011
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Bachmann says she'd consider Everglades drilling (AP)
SARASOTA, Fla. ? Republican presidential candidate Michele Bachmann said Sunday that she would consider oil and natural gas drilling in the Everglades if it can be done without harming the environment.
Bachman said the United States needs to tap into all of its energy resources no matter where they exist if it can be done responsibly.
"The United States needs to be less dependent on foreign sources of energy and more dependent upon American resourcefulness. Whether that is in the Everglades, or whether that is in the eastern Gulf region, or whether that's in North Dakota, we need to go where the energy is," she said. "Of course it needs to be done responsibly. If we can't responsibly access energy in the Everglades then we shouldn't do it."
In 2002, the federal government at the urging of President George W. Bush bought back oil and gas drilling rights in the Everglades for $120 million. Bachmann, who wants to get rid of the federal Environmental Protection Agency, said she would rely on experts to determine whether drilling can be done without harming the environment.
"No one wants to hurt or contaminate the earth. ... We don't want to harm our water, our ecosystems or the air. That is a minimum bar," she said.
"From there, though, that doesn't mean that the two have to be mutually exclusive. We can protect the environment and do so responsibly, but we can also protect the environment and not kill jobs in America and not deny ourselves access to the energy resources that America's been so blessed with."
The Minnesota congresswoman, who is seeking the GOP nomination to challenge President Barack Obama in 2012, is on a four-day swing through Florida, ending Monday in Miami.
At each stop she has said she wants to eliminate the "job-killing" EPA. She elaborated on the idea in an interview after rallying hundreds of enthusiastic supporters in Sarasota.
"We do have EPA's in each of the 50 states and I think that it's up to the states," she said. "The states have the right to develop their own environmental protections and regulations, as they all have."
She said she recognizes there is a federal role when environmental issues cross borders, but she added that a big problem with the EPA now is that it does not consider job creation or job losses as part of its role in enforcing regulations. She said the regulations it does have prevent businesses from being able to reasonably create a profit.
"If we create a new department that is focused on conservation and get rid of the EPA, that would send a strong signal about what our priorities are. We believe in conservation, but I also believe at the same time that the EPA has overstepped its bounds," Bachmann said.
Among other topics, Bachmann said the stock market drop after this summer's debt ceiling compromise demonstrated disappointment that Washington had not taken more significant steps to reduce spending.
"We need to get our house in order fairly quickly," she said. "What you saw with the markets was the markets reacting to the fact that Washington, D.C., did nothing to get its house in order."
She also said she would consider Florida Sen. Marco Rubio, who took office earlier this year, as a running mate.
"Marco Rubio has the hallmarks of, I think, everything that a person would look for in a potential candidate. He's got so much going for him," Bachmann said, also naming South Carolina Sen. Jim DeMint as another possibility.
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Saturday, August 27, 2011
How to Establish Breast Cancer Symptoms in Adult males | Getting Fat
Breast Cancer Symptoms in Men
There is a frequent misconception that males cannot have breast cancer. Guys frequently dismiss the symptoms of cancer or blunder them for other sicknesses. Factors such as social stigma and embarrassment contribute to the increasing denial among adult males of the likelihood of finding cancer of the breast The improvement of male cancer of the breast is largely equivalent to what females encounter. Males all around the ages of sixty and seventy are more prone to the incidence of this type of cancer than any other age group.
Cancer Figures
The most current American Cancer Culture estimates for male breast cancer reveals that in 2009 about one,910 cases will be diagnosed with about 440 fatalities. Roughly a single percent of the cancer situations, cancer of the breast situations, affect guys. The lifetime chance for developing this type of cancer is at about 1 in a thousand. Current studies also reveals that the prognosis for this form of cancer for both guys and women continues to be the same and the outlook is still hinged on what stage the cancer was diagnosed.
As in any other cancer, early detection and therapy is crucial to an individuals survival. Therefore, adult males are encouraged to be more conscious of the cancers indicators and signs. Educating males in combating the social stigma brought about by cancer also help in assisting males towards this form of cancer.
Detecting breast cancer in men
Information and awareness on the indications and symptoms of cancer are really useful in delivering the earliest achievable detection and therapy for adult males with this cancer of the breast. Right here are some of the indicators linked with cancer of the breast.
- Painless development of lump or thickening of the breast
- Scaling and redness of the nipple and encompassing location
- Indentation or retraction in the nipple region
- Bloody or distinct nipple discharge
Chance Aspects
There are a number of components that increase the threat of men getting cancer of the breast. Some of which like genetics and age are uncontrollable. However, some threat factors these kinds of as inadequate diet, alcohol consumption and using tobacco can be managed, so it best to discover what we need to have to stay away from. Beneath is a list of breast cancer risk components in adult males.
- The common age of male breast cancer diagnosis is sixty-seven and breast cancer generally occurs in males amongst the ages of sixty and seventy.
- One in five males with breast cancer had a female relative who had breast cancer also.
- Those who have undergone prior radiation treatment method on the chest location have a better probability for breast cancer.
- About five to 10 % of male breast cancers are inherited. Genetic defects on the CHEK-2, p53 tumor suppressor, BRCA2 and BRCA1 genes raises a persons cancer danger. These genes usually help avoid cancer by holding cells from increasing abnormally.
- Individuals who had a history of Klinefelter syndrome, a congenital abnormality wherein males had an additional X chromosome resulting to lower ranges of male hormones and increased feminine hormones.
- These who had taken estrogen-connected medications have a larger risk for breast cancer. Breast cancer cells are recognized to have estrogen receptors which improve the cancers capacity to progress.
- These who had liver illnesses are also at chance as the bodys estrogen activity increases although the androgen exercise decreases when a person is going through liver illnesses, this kind of as cirrhosis of the liver.
- Those who are overweight may also be at threat for male breast cancer due to improved quantity of body fat cells. Excess fat cells produce estrogen from androgen, hence escalating the estrogen concentration in the physique.
- Abnormal alcohol consuming also encourages breast cancer in adult males primarily because of to the simple fact that alcohol consumption increases liver illnesses and excess fat accumulation.
Treatment choices for cancer of the breast in guys
There are a quantity of treatment techniques available for adult males with cancer of the breast. These methods do not vary from those done for ladies. Cancer staging is completed to decide the greatest breast cancer treatment method option a client needs. Here are some of the therapy possibilities obtainable.
Surgery ? There are several surgical possibilities utilized to get rid of breast cancer in men these incorporate straightforward mastectomy, modified radical mastectomy and sentinel lymph node biopsy. Simple mastectomy requires elimination of all breast tissue like lobules, ducts, fatty tissue and skin including the nipple and areola.
In a modified radical mastectomy, the surgeon eliminates the whole breast and a portion of the underarm lymph nodes. The surgeon may also remove chest wall muscle if the cancer has spread to that place. The lymph nodes will be examined to check out if the cancer has spread and extra treatment method is necessary.
Sentinel lymph node biopsy is a method produced to track down sentinel nodes, lymph nodes getting drainage from a breast tumor. Sentinel nodes are removed for biopsy to check out for cancer advancement to the other lymph nodes. This process decreases the risk of issues as removing of a one node is essential for examination.
Radiation Remedy ? Large power x-rays are utilised to kill cancer cells in the course of a radiation remedy. Administered by a radiation oncologist, the therapy is generally accomplished before surgical procedure to shrink the tumor or right after surgery to remove remaining cancer cells. Radiation treatment is frequently painless but might result in tiredness in men who had undergone remedy and tenderness of the breast.
- Chemotherapy
- Hormone Therapy
- Biological Treatment
Chemotherapy requires the use of medications to destroy cancer cells that have spread to other parts of the body after breast cancer surgical procedure. The therapy is generally scheduled each and every two to 3 weeks right after surgical procedure for about three to six months.
Chemotherapy might be administered intravenously or in capsule kind. Most clients select oral chemotherapy as this minimizes the require to pay a visit to the clinic and can be completed at home.
Some chemotherapies target the cancer itself lowering injury to nutritious cells. Still, facet affects like hair loss, tiredness, vomiting and reduction of cognitive capabilities might arise.
Estrogen receptor constructive breast cancers rely on estrogen to induce the improvement of breast cancer cells. Hormone remedy is administered in buy to prevent estrogen from bonding to web sites in the system in which cancer cells may possibly have spread. The male hormone, androgen also helps in the progress of cancer cells. Hence, restricting each estrogen and androgen amounts are important in abating the spread of cancer cells.
In biological therapy, a biological response modifier is used to stimulate the bodys immune system to overcome cancer. This allows in enhancing the bodys all-natural defense against particular illnesses these kinds of as cancer. However, biological therapy is even now in clinic trials.
You do not want any sort of cancer to attain these stages. This is why Thit is incredibly crucial that you go and see a doctor as shortly as probable, the minute you see any of these feasible cancer symptoms provided previously mentioned manifesting on their own. Listen to your physique ?chat?, and comply with the indicators.
Cancer Symptoms
Source: http://gettingfat.net/44772/how-to-establish-breast-cancer-symptoms-in-adult-males/
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Credit Cards For People With Bad Credit | Finance Reference
Yes you can get credit cards for bad credit. Meaning if you have credit problems you can still obtain some sort of credit. You need to study these offers when they come to you though, to make sure your getting the best deal.
Most people who have bad credit will be faced with the choice of a credit card that will need to be secured though. This means that a certain amount of money will need to be placed into an account. That amount will be your credit limit that you can spend on the card. You will still need to make monthly payments in order to pay off what you?ve spent on the card too.
See you will need to pay in order to open up an account. Not only will they require in many cases 0 to be placed on that account. But you will need to see if they have a processing fee they will charge you also. Which could be another 0 even, that?s why you need to read all the print on these offers.
In order to get one of these secured credit cards for bad credit, both of those amounts will be withdrawn from your bank account.
You will need to ensure that all of it is in there, or you will have an overdraft fee charged by your bank.
These offers will appear on your email, in the mail, and you can even see them advertised on TV at times. So how will you know which credit will be best for you when you have bad credit? It?s all a matter of reading the full offer, and that includes all of the fine print too.
Also many times when a secured credit card offer comes to you, the interest rate may look excellent. And anyone who?s faced bad credit knows that interest rates are normally very high for you. But read that fine print again, because it may go up after a bit, and you will be stuck again, paying maybe even as much as 10% more.
But just because there may be a few places that will seemingly sneak a few changes in on you, it doesn?t mean you shouldn?t consider these cards.
They are a great way in which you can reestablish credit, but make sure that you pay off the full sum of each payment. Contrary to popular belief you will not build more credit by making payments.
Also check to see if you have annual fees that will be taken from the account, and how much they will be. See in most cases these cards will have you place a certain amount of money on the card, but they will also charge you a processing fee. Which can add up to a lot of money and it will be taken from your bank account. You need to make sure you have the money to cover both of those amounts.
Finally, you will indeed be able to use this as a credit card, just make sure you use it wisely. After all it could have been credit cards that got you to have bad credit in the past. Use these secured cards wisely and get better credit again.
More Credit Articles
Source: http://www.maysabelnyo.com/credit-cards-for-people-with-bad-credit.html/
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Friday, August 26, 2011
False ad suit can proceed versus Groupon: attorney (Reuters)
OAKLAND, California (Reuters) ? A U.S. judge said parts of a false advertising lawsuit can proceed against online coupon distributor Groupon, according to one attorney who attended a court hearing on Wednesday.
A proposed class action was filed against Groupon earlier this year by a tour operator in San Francisco, accusing Groupon of bait and switch advertising. Groupon allegedly buys tour-related keywords on Google's AdWords service, but often does not actually offer tour coupons when customers arrive at the site, the lawsuit alleges.
The practice drives up the cost of keywords for the tour company while the prominence of its ads in Google searches declines, the lawsuit states.
Groupon is aiming for a mid- to late- September IPO, despite recent market tumult that has shelved some flotations, several people familiar with the company's plans who spoke on condition of anonymity told Reuters.
Groupon asked a federal judge in Oakland, California to dismiss the lawsuit. At a hearing on Wednesday, U.S. District Judge Phyllis Hamilton ruled from the bench that certain allegations against Groupon can proceed, said Steven Williams, an attorney for the plaintiff who was at the hearing.
Other claims against Groupon were dismissed, with a chance for the plaintiffs to refashion their allegations, Williams said.
A Groupon representative declined to comment, citing the ongoing litigation.
"We're very happy we're going to get to go forward with these claims to address what we think is classic bait and switch advertising," Williams said. "Only now its done through Google instead of through the newspaper."
The case in U.S. District Court, Northern District of California, is San Francisco Comprehensive Tours LLC on behalf of itself and all others similarly situated v. Groupon et al., No. 11-cv-1300.
(Reporting by Dan Levine; Editing by Tim Dobbyn)
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